NOT LISTED FOR SALE

2621 State Route 40 Greenwich, NY 12834

Estimated Value: $216,000 - $284,000

5 Beds
3 Baths
2,493 Sq Ft
$102/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $205,000 $82 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,670/month

100 Days on Market

Highlights

  • 1.26 Acre Lot
  • No HOA
  • Level Lot
  • Wood Flooring
  • Baseboard Heating

About This Home

As of January 2021

Welcome home to this beautiful brick colonial that is completely move-in ready! Currently setup as a 2 unit but VERY easily could be single family home or home w/ an in-law apt. Many options! Separate utilities is a huge plus: electric, hot water, and heat! Features: newly refinished hardwood floors, freshly painted with neutral colors throughout, spacious eat-in kitchen w/ SS appliances, renovated baths, brand new carpet, washer/dryer setup 1st floor and basement, and new vinyl windows (open and wash from inside). Situated on 1.26 acres giving you a nice space in the backyard! Oil hot water baseboard heat for both units (each unit has 2 zones). NO village tax is a huge plus for any investor. Greenwich Schools and a short 20-25 min drive to Saratoga Springs! This is a must-see! Excellent Condition

Last Agent to Sell the Property

Abbey McCormick

KW Platform License #10301220833 Listed on: 08/20/2020

KW Platform

Last Buyer's Agent

Star Schmaler

Coldwell Banker Prime Properties License #10401306379

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,844

Year Built

  • Built in 1880

Lot Details

  • 1.26 Acre Lot
  • Level Lot

Home Design

  • 2,493 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Asphalt

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Bathroom

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Drilled Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Or 1 Fam

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • Legal Lot and Block 7.2 / 2
  • Assessor Parcel Number 533489 228-2-7.2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,844

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1880
  • Directions: From the rotary in Greenwich head north on Route 4 towards Argyle. Brick house is on the left.
  • Above Grade Finished Sq Ft: 2493.0
  • Architectural Style: Duplex-Side by Side
  • Financial Details General Taxes: 1823.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3021.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 1.26
  • Lot Size: 1.26
  • New Construction: No
  • Parking Features Parking Total: 4.0
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 4
  • Rental Income Description: Estimated
  • Income: 26400.0
  • Flooring:Carpet: Yes
  • Laundry Features:Main Level: Yes
  • Flooring:Wood: Yes
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet
  • Basement: Partial
  • Total Bedrooms: 5
  • Living Area: 2493.0
  • Laundry Features:In Bathroom: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick
  • Waterfront: No
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Hot Water, Oil
  • Laundry Features: In Basement, In Bathroom, Main Level
  • Water Source: Drilled Well
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Oil2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Chair Rail3: Yes

Schools

  • Junior High Dist: Greenwich

Lot Info

  • Lot Features: Level
  • Parcel #: 533489 228-2-7.2
  • Lot Size Sq Ft: 54885.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4844.0
  • Tax Block: 2
  • Tax Lot: 7.2
  • Tax Tract: 228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Jan 2, 2021
Sold by
Loftin Timothy W and Loftin Jacqueline P
Bought by
Kelly Alicia
Seller's Agent
Abbey McCormick
KW Platform
Buyer's Agent
Star Schmaler
Coldwell Banker Prime Properties
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$255,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,231
Avg. Annual Appreciation
4.82%
Original Mortgage
$198,850
Outstanding Balance
$177,951
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$77,280

Purchase Details

Closed on
Sep 9, 2013
Sold by
Polchowski George and Polchowski Susie M
Bought by
Loftin Timothy

Purchase Details

Closed on
Mar 10, 2011
Sold by
Polchowski George
Bought by
Polchowski George

Purchase Details

Closed on
Mar 22, 2000
Sold by
Polchowski Eudokia Geo
Bought by
Polchowski George
Source: Public Records

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
Kelly Alicia $205,000 None Available
Loftin Timothy -- Timothy M Bulger
Polchowski George -- Timothy Bulger
Polchowski George -- Timothy Bulger
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Alicia $198,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $205,000 -6.4% $82 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $219,000 -2.7% $88 / Sq Ft
08/20/2020 08/20/20 For Sale $225,000 -- $90 / Sq Ft
Source: Global MLS

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 $3,384 $233,700 $31,000 $202,700
2023 $4,854 $205,000 $31,000 $174,000
2022 $5,043 $205,000 $31,000 $174,000
2021 $4,851 $174,200 $31,000 $143,200
2020 $4,914 $174,200 $31,000 $143,200
2019 $4,580 $174,200 $31,000 $143,200
2018 $4,580 $164,200 $31,000 $133,200
2017 $4,563 $164,200 $31,000 $133,200
2016 $4,563 $164,200 $31,000 $133,200
2015 -- $164,200 $31,000 $133,200
2014 -- $152,700 $31,000 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202025941

Global MLS

APN: 533489-228-000-0002-007-002-0000