NOT LISTED FOR SALE

287 E Main St Watertown, NY 13601

Estimated Value: $127,000 - $168,000

5 Beds
2 Baths
2,164 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $113,300 $52 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $858/month

6 Days on Market

Highlights

  • Finished Attic
  • Forced Air Cooling System
  • Tile Flooring

About This Home

As of May 2023

Welcome to your new investment property or rental income opportunity! This stunning duplex, located in the charming city of Watertown, NY, boasts two separate units, perfect for a homeowner looking to generate rental income or an investor seeking a reliable return on investment. The first unit has been fully renovated with fresh paint, modern fixtures, and new flooring throughout. Featuring three bedrooms, one full bathroom, a spacious living room, and a fully-equipped kitchen, this unit is move-in ready and sure to impress any prospective tenant. The second unit, currently occupied by a reliable tenant, features two bedrooms, one full bathroom, a cozy living room, and a kitchen. The tenant is eager to stay, providing a reliable source of rental income. Conveniently located near local shopping, restaurants, and schools, this duplex is an ideal investment opportunity, ensuring a steady flow of tenants for years to come. Don't miss out on this chance to invest in the thriving Watertown community!

Last Agent to Sell the Property

Costa Deir

Listing by Marble Key Realty LLC License #10401327884 Listed on: 03/02/2023

Last Buyer's Agent

Kathy Cook

Listing by Door to Door Realty License #40CO0954859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1900

Lot Details

  • 6,739 Sq Ft Lot
  • Lot Dimensions are 100 x 67

Interior Spaces

  • 2,164 Sq Ft Home
  • 2.5-Story Property
  • Finished Attic
  • Partially Finished Basement

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal, water
  • Tax Lot 103
  • Assessor Parcel Number 221800-003-000-0005-103-100-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,013

Year Built

Built in 1900

Lot Details

6,739 Sq Ft Lot

Listing Details

  • NY Swis Code: Watertown-City-221800
  • Total Assessed Value: 72700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 67
  • Lot Information: Primary Road
  • Lot Number: 103
  • Nearest Cross Street: Lillian St
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 732385.26
  • Ratio Close Price By Sq Ft: 52.36
  • Ratio List Price By Acres: 711053.65
  • Ratio List Price By Sq Ft: 50.83
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • School Tax: 809
  • Sub Board Code: Jefferson-Lewis Board
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6739
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2164
  • Directions To Property: Head toward Girard Ave on State St. Turn right toward Mill St. Turn right onto E Main St. Your destination will be on your Left
  • Sq Ft Total Pub: 2164
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Finished
  • Basement Description: Partially Finished
  • Floor Description: Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Total Sq Ft: 2164

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1547

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 221800-003-000-0005-103-100-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2013

MLS Schools

  • School District Name: Watertown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
May 16, 2023
Sold by
Choi Ranny K
Bought by
Scanlon Joshua
Seller's Agent
Costa Deir
Marble Key Realty LLC
Buyer's Agent
Kathy Cook
Door to Door Realty
List Price
$110,000
Sold Price
$113,300
Premium/Discount to List
$3,300
3%
Views
13
Current Estimated Value
$143,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,598
Avg. Annual Appreciation
9.05%
Original Mortgage
$101,970
Outstanding Balance
$98,966
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$44,932

Purchase Details

Listed on
Oct 15, 2014
Closed on
Dec 17, 2015
Sold by
Jvco Llc
Bought by
Choi Ranny
Seller's Agent
Brenda Sipher
Lake Ontario Realty, LLC
Buyer's Agent
Lois Aubin
Bridgeview Real Estate
List Price
$249,900
Sold Price
$95,000
Premium/Discount to List
-$154,900
-61.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$103,171
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Scanlon Joshua $113,300 None Available
Choi Ranny $101,000 Diego Lebaudy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scanlon Joshua $101,970
Previous Owner Choi Ranny $103,171
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2023 05/16/23 Sold $113,300 +3.0% $52 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $110,000 0.0% $51 / Sq Ft
02/14/2021 02/14/21 Rented $700 0.0% --
02/09/2021 02/09/21 For Rent $700 -15.2% --
02/18/2020 02/18/20 Rented $825 0.0% --
02/11/2020 02/11/20 For Rent $825 +17.9% --
10/31/2019 10/31/19 Rented $700 0.0% --
10/14/2019 10/14/19 For Rent $700 -6.7% --
06/13/2019 06/13/19 Rented $750 -3.2% --
06/04/2019 06/04/19 Price Changed $775 -3.1% $1 / Sq Ft
05/23/2019 05/23/19 Price Changed $800 -3.0% $1 / Sq Ft
04/05/2019 04/05/19 For Rent $825 +37.5% --
03/13/2019 03/13/19 Rented $600 -7.7% --
02/23/2019 02/23/19 Price Changed $650 -7.1% $0 / Sq Ft
02/05/2019 02/05/19 Price Changed $700 -3.4% $0 / Sq Ft
12/16/2018 12/16/18 For Rent $725 +3.6% --
03/15/2016 03/15/16 Rented $700 -6.7% --
03/15/2016 03/15/16 Under Contract -- -- --
01/25/2016 01/25/16 For Rent $750 0.0% --
12/16/2015 12/16/15 Sold $95,000 -62.0% $54 / Sq Ft View Prior Sale
09/10/2015 09/10/15 Pending -- -- --
10/15/2014 10/15/14 For Sale $249,900 -- $141 / Sq Ft
Source: Jefferson-Lewis 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
2024 $1,329 $72,700 $5,800 $66,900
2023 $536 $72,700 $5,800 $66,900
2022 $586 $72,700 $5,800 $66,900
2021 $586 $72,700 $5,800 $66,900
2020 $1,278 $72,700 $5,800 $66,900
2019 -- $72,700 $5,800 $66,900
2018 -- $72,700 $5,800 $66,900
2017 -- $72,700 $5,800 $66,900
2016 $1,278 $72,700 $5,800 $66,900
2015 -- $72,700 $5,800 $66,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Jefferson-Lewis Board of REALTORS®

MLS Number: S1455879

Jefferson-Lewis Board of REALTORS®

APN: 221800-003-000-0005-103-100-0000

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