NOT LISTED FOR SALE

2891 State Route 444 Bloomfield, NY 14469

Estimated Value: $443,685

3 Beds
2 Baths
4,310 Sq Ft
$103/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $360,000 $84 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,169/month

60 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Baseboard Heating
  • Community Storage Space
  • Programmable Thermostat
  • High Speed Internet

About This Home

As of April 2023

This sale is for a Single Family Home with 4 additional apartments on the back of the property, that is always rented! The Single Family Home is currently vacant to allow the flexibility of any Owner/Occupants that might want to purchase! Both Single Family and all apartments have been recently remodeled with new kitchens, bathrooms, paint, flooring, and a brand new basement waterproofing in the main house. The Apartments have 4 recently remodeled 1 Br apartments each with a separate bonus room/office in each unit! Existing 1 year leases in place on each apartment and there is enough parking for each tenant to have 2 parking spaces! There have been several updates to the property over the years including a drain tile around the apartment for rain and water management, cell phone booster antennae to maximize cell coverage, new driveway culvert, and 2 of 4 apartments have new tankless hot water heaters, and all units have separate utilities. This is an opportunity to own a proven cash-flowing income property with the apartments alone grossing over $35,000.00 a year! Gross rents for house and apartments would be $55,320 or more.

Last Agent to Sell the Property

Eric McQuistion

Listing by G & M Properties License #10311205218 Listed on: 10/28/2022

Last Buyer's Agent

Michael Crane

Listing by Crane Realty License #10491211912

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,815

Year Built

  • Built in 1972

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 120x299
  • Rural Setting

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 4,310 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Programmable Thermostat
  • PEX Plumbing
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • 4 Units
  • Community Storage Space

Listing and Financial Details

  • Rent includes common area maintenance, snow removal, trash collection, water
  • Tax Lot 5
  • Assessor Parcel Number 322689-081-000-0001-005-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,815

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection, Water
  • Year Built: 1972
  • Lot Features: Rural Lot
  • Road Frontage Type: Main Thoroughfare
  • Directions: South on Route 444 towards 5&20, House and apartments on the left right before route 5&20.
  • Flooring: Carpet, Ceramic Tile, Varies, Vinyl
  • Interior Features: Programmable Thermostat
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.83
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Copper Plumbing, PEX Plumbing
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Three or more Spaces

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Storage Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Bloomfield

Lot Info

  • Parcel Number: 322689-081-000-0001-005-000
  • Lot Dimensions: 120X299
  • Lot Size Sq Ft: 36155.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 5

Tax Info

  • Tax Annual Amount: 8815.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Apr 13, 2023
Sold by
Gisondi Michael A and Gisondi Abigail M
Bought by
Mejia Sergio and Mejia Lisa
Seller's Agent
Eric McQuistion
G & M Properties
Buyer's Agent
Michael Crane
Crane Realty
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%
Views
125
Current Estimated Value
$443,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,685
Avg. Annual Appreciation
9.10%
Original Mortgage
$288,000
Outstanding Balance
$280,657
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,028

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jun 11, 2013
Sold by
Hellems Mark
Bought by
Gisondi Michael
Seller's Agent
Eric McQuistion
G & M Properties
Buyer's Agent
Eric McQuistion
G & M Properties
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Jul 22, 1998
Sold by
Cutt Sidney T and Cutt Lynda M
Bought by
Hellems Mark
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
Mejia Sergio $360,000 None Available
Mejia Sergio $360,000 None Available
Mejia Sergio $360,000 None Available
Gisondi Michael $190,000 Reid Holter
Gisondi Michael $190,000 Reid Holter
Hellems Mark $143,500 --
Hellems Mark $143,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Sergio $288,000
Closed Mejia Sergio $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $360,000 -10.0% $84 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $399,900 +110.5% $93 / Sq Ft
06/11/2013 06/11/13 Sold $190,000 -9.5% $44 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $210,000 -- $49 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $9,240 $370,000 $42,000 $328,000
2023 $9,121 $260,000 $40,000 $220,000
2022 $8,817 $260,000 $40,000 $220,000
2021 $8,816 $260,000 $40,000 $220,000
2020 $7,340 $195,000 $26,900 $168,100
2019 $0 $195,000 $26,900 $168,100
2018 $7,624 $195,000 $26,900 $168,100
2017 $7,985 $190,000 $25,000 $165,000
2016 $7,758 $190,000 $25,000 $165,000
2015 -- $190,000 $25,000 $165,000
2014 -- $188,900 $25,000 $163,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1441541

Upstate New York Real Estate Information Services (UNYREIS)

APN: 322689-081-000-0001-005-000