NOT LISTED FOR SALE

2620 E Main St Cato, NY 13033

Estimated Value: $131,000 - $177,000

4 Beds
2 Baths
2,016 Sq Ft
$73/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $65,000 $32 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,034/month

188 Days on Market

About This Home

As of May 2015

Large Boston 2 Family. 1st Unit 2 bedrm, lge, LRM w/Dining area, New Eat-in Kitchen, New Bath, 2 open porches. 2nd Unit Upstairs 4 Bedrm (2 on second fl, large bedrm on 3rd fl), Kitchen, New Bath, Formal DRm, LR, all new Windows, Detached 2 car Garage.

Last Listed By

Dean Cummins

Listing by Sun Harvest Realty Inc. License #31CU0570806 Listed on: 08/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,360

Year Built

  • Built in 1860

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 185 x 81

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,016 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Range Hood

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 053201-046-013-0001-010-000-0000

Community Details

Overview

  • 2 Units
  • Town/Cato Community
  • Town/Cato Subdivision

Building Details

  • 2 Separate Electric Meters
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,360

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Age: 154
  • NY Swis Code: Cato Village-Cato-052403
  • Total Assessed Value: 64500
  • Gross Annual Income: 12000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 185
  • Lot Dimension Front: 81
  • Lot Information: Primary Road
  • L P Per Acre: 199714.2900
  • List Price per Sq Ft: 34.6726
  • Nearest Cross Street: E Mechanic
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 185714.29
  • Ratio Close Price By Sq Ft: 32.24
  • Ratio List Price By Acres: 199714.29
  • Ratio List Price By Sq Ft: 34.67
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Water
  • School Tax: 1187
  • Sale Price List Price: 0.9298
  • S P Per Acre: 185714.2900
  • S P Per Sq Ft: 32.2400
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Boston
  • Type of Sale: Normal
  • Value Range Search Low Price: 69900.00
  • Village: Cato-Village
  • Year Built Description: Existing
  • Age of Building: 162
  • Year Built: 1860
  • Directions To Property: Take Rte. 370 into village of Cato, on left. See sign.
  • Subdivision Comm Complex: TOWN/CATO
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1860

Interior Features

  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 12
  • Total Sq Ft: 2016

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.3500

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop, Parking Area

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Forced Air
  • Number of Heating Units: 2
  • Separate Utilities: Gas, Heat
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Cato-Meridian

Lot Info

  • Parcel Number: 053201-046-013-0001-010-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2360

MLS Schools

  • School District Name: Cato-Meridian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
May 18, 2015
Sold by
Cummins Dean D
Bought by
Brown Cora and Holmes
Seller's Agent
Dean Cummins
Sun Harvest Realty Inc.
Buyer's Agent
Dean Cummins
Sun Harvest Realty Inc.
List Price
$78,900
Sold Price
$65,000
Premium/Discount to List
-$13,900
-17.62%
Total Days on Market
188
Current Estimated Value
$147,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,488
Avg. Annual Appreciation
8.55%
Original Mortgage
$51,200
Outstanding Balance
$30,472
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$117,016

Purchase Details

Listed on
Aug 8, 2014
Closed on
May 15, 2015
Sold by
Cummins Dean D
Bought by
Brown Cora L and Holmes Dawn L
Seller's Agent
Dean Cummins
Sun Harvest Realty Inc.
Buyer's Agent
Dean Cummins
Sun Harvest Realty Inc.
List Price
$78,900
Sold Price
$65,000
Premium/Discount to List
-$13,900
-17.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Outstanding Balance
$30,472
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$117,016

Purchase Details

Closed on
Jan 7, 2013
Sold by
Pratt Francis M and Pratt Malissa G
Bought by
Cummins Dean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1998
Sold by
Cummins Dean D
Bought by
Pratt Francis M and Smart Malissa G

Purchase Details

Closed on
Apr 30, 1997

Purchase Details

Closed on
Aug 1, 1994
Sold by
Murphy Carroll
Bought by
Trousdale Michael-Colleen

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Cora $64,000 James A. Gabriel
Brown Cora L $64,000 None Available
Cummins Dean D $40,000 None Available
Pratt Francis M $49,000 --
-- $49,400 --
Trousdale Michael-Colleen $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Cora L $51,200
Previous Owner Cummins Dean D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $65,000 -17.6% $32 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
08/08/2014 08/08/14 For Sale $78,900 -- $39 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,592 $67,300 $15,400 $51,900
2023 $2,592 $67,300 $15,400 $51,900
2022 $2,569 $67,300 $15,400 $51,900
2021 $2,552 $67,300 $15,400 $51,900
2020 $2,579 $67,300 $15,400 $51,900
2019 $418 $67,300 $15,400 $51,900
2018 $2,410 $67,300 $15,400 $51,900
2017 $2,406 $67,300 $15,400 $51,900
2016 $2,445 $64,500 $9,800 $54,700
2015 -- $64,500 $9,800 $54,700
2014 -- $64,500 $9,800 $54,700
Source: Public Records

Agents Affiliated with this Home

  • Dean Cummins

    Seller's Agent in 2015

    Dean Cummins

    Sun Harvest Realty Inc.

    (315) 246-5407

    94 Total Sales

    Dean Cummins
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Map

Source: Central New York Information Services

MLS Number: S317491

Central New York Information Services

APN: 053201-046-013-0001-010-000-0000

New York Cayuga County Cato 13033

2620 E Main St, Cato, NY

Homes for Sale in Cato, NY

This home is located at 2620 E Main St, Cato, NY 13033 since 08 August 2014 and is currently estimated at $147,488, approximately $73 per square foot. This property was built in 1860. 2620 E Main St is a home located in Cayuga County with nearby schools including Cato-Meridian Elementary School, Cato Meridian Middle School, and Cato-Meridian Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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