NOT LISTED FOR SALE

28 Sheldon St Norwich, NY 13815

Estimated Value: $79,000 - $123,000

4 Beds
2 Baths
2,533 Sq Ft
$42/Sq Ft Est. Value

Sale Details

Date Sold: September 17, 2012

Last sale price $58,000 $23 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $757 / mo

105 Days on Market

Highlights

  • 2 Car Detached Garage
  • Open Patio
  • Carpet
  • Porch
  • Baseboard Heating

About This Home

As of September 2012

Well maintained two-family featuring two, 2-bedroom apartments. Great investor opportunity with separate utilities and low taxes. Nice location within walking distance to most downtown amenities including school, churches and shopping. Ample parking. PRICED TO SELL!

Last Agent to Sell the Property

Kevin Walsh

Listing by Keller Williams Upstate NY Properties License #10301203604 Listed on: 12/16/2011

Keller Williams Upstate NY Properties

Last Buyer's Agent

Kevin Walsh

Listing by Keller Williams Upstate NY Properties License #10301203604 Listed on: 12/16/2011

Keller Williams Upstate NY Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,533 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • Operating Expense $2,950
  • Gross Income $14,400

Listing and Financial Details

  • Assessor Parcel Number 136.5-1-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,522

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • Directions: From Norwich center, follow East Main Street to left on Silver Street. Take first left onto Sheldon - property on right (#28)
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.16
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected

Schools

  • Junior High Dist: Norwich

Lot Info

  • Parcel Number: 136.5-1-1
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 14400.0
  • Annual Operating Expense: 2950.0

Tax Info

  • Tax Annual Amount: 1522.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2018
Sold by
Spence Adam J and Spence Michele E
Bought by
Kc Dwellings Llc
Current Estimated Value
$105,840

Purchase Details

Listed on
Dec 16, 2011
Closed on
Sep 19, 2012
Sold by
Crissam Properties Llc
Bought by
Spence Adam J
Seller's Agent
Kevin Walsh
Keller Williams Upstate NY Properties
Buyer's Agent
Kevin Walsh
Keller Williams Upstate NY Properties
List Price
$64,900
Sold Price
$58,000
Premium/Discount to List
-$6,900
-10.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$43,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2007

Purchase Details

Closed on
Sep 21, 2006
Sold by
Fox Jules S
Bought by
Genise Lillimarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,560
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kc Dwellings Llc $60,000 --
Spence Adam J $58,000 Adam J Spence
-- -- --
Genise Lillimarie $74,460 Lee Emerson & Ferrarese
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spence Adam J $43,000
Previous Owner Genise Lillimarie $59,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2012 09/17/12 Sold $58,000 -10.6% $23 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
12/16/2011 12/16/11 For Sale $64,900 -- $26 / Sq Ft
Source: Otsego-Delaware Board of REALTORS®

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
2025 $2,405 $30,000 $6,000 $24,000
2024 $2,405 $30,000 $6,000 $24,000
2023 $2,300 $30,000 $6,000 $24,000
2022 $2,304 $30,000 $6,000 $24,000
2021 $2,340 $30,000 $6,000 $24,000
2020 $1,823 $24,000 $6,000 $18,000
2019 $1,964 $24,000 $6,000 $18,000
2018 $1,964 $24,000 $6,000 $18,000
2017 $761 $24,000 $6,000 $18,000
2016 $763 $24,000 $6,000 $18,000
2015 -- $24,000 $6,000 $18,000
2014 -- $24,000 $6,000 $18,000
Source: Public Records

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD82683

Otsego-Delaware Board of REALTORS®

APN: 081100-136-500-0001-001-000-0000

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