NOT LISTED FOR SALE

2925 State Route 28 Old Forge, NY 13420

Estimated Value: $242,165

3 Beds
2 Baths
1,752 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $110,000 $63 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,587/month

Highlights

  • Neighborhood Views
  • Double Pane Windows
  • Ceiling Fan
  • Wood Frame Window
  • Outdoor Storage
  • Hot Water Heating System

About This Home

As of April 2017

Reduced! Here is a great opportunity for investment income or to help offset your primary mortgage with a business. There are two structures both on town water, town sewer with commercial potential. Formally Mr. G's Soup Kitchen, owner's lived in the one house while operating the other as a seasonal business. The one house has had many upgrades; new furnace, windows, insulation, and painting. There are nice, high ceilings, hardwood floors and trim throughout. Located in the heart of town within walking distance to the business district. The soup kitchen has been completely remodeled with new flooring throughout and upstairs is a large room and bath.

Last Agent to Sell the Property

Elise LaGrange

Timm Associates Sothebys International Realty Listed on: 04/29/2016

Last Buyer's Agent

Elise LaGrange

Timm Associates Sothebys International Realty Listed on: 04/29/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 65' x 175'
  • Property fronts an easement
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Wood Frame Window
  • Neighborhood Views
  • Block Basement Construction

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher

Parking

  • No Garage
  • Parking Deck

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041.58-1-56

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,642

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Lot Size: 65' X 175'
  • Road Frontage Type: Easement
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: NYS Rt. 28 to Old Forge Property is across from the car wash
  • Structure Type: Side by Side
  • Year Built: 1940
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Window Features: Double Pane Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Lot Features: Level
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Lighting, Storage
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Roof: Composition
  • Lot Features:Level: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Storage2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Deck, No Garage
  • Parking Features:Deck: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Oil: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Town of Webb UFSD

Lot Info

  • Lot Size Sq Ft: 11369.16
  • Parcel #: 041.58-1-56
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Leased: 1

Tax Info

  • Tax Annual Amount: 2642.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
May 2, 2017
Sold by
Hoepfl Steven
Bought by
2927 Mill House Llc
Seller's Agent
Elise LaGrange
Timm Associates Sothebys International Realty
Buyer's Agent
Elise LaGrange
Timm Associates Sothebys International Realty
List Price
$179,000
Sold Price
$110,000
Premium/Discount to List
-$69,000
-38.55%
Current Estimated Value
$242,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,165
Avg. Annual Appreciation
9.87%

Purchase Details

Closed on
Feb 1, 2017
Sold by
Paul R Estate Giessler
Bought by
Hoepfl Stephen

Purchase Details

Closed on
Apr 25, 2003
Sold by
Ortiz Jamie L
Bought by
Giessler Paul R

Purchase Details

Closed on
May 14, 1999
Sold by
Tormey Anthony H
Bought by
Ortiz Jaimie I
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
2927 Mill House Llc -- Timothy Schofield
2927 Mill House Llc -- Timothy Schofield
Hoepfl Stephen $145,000 Timothy J Schofield
Hoepfl Stephen $145,000 Timothy J Schofield
Giessler Paul R $155,000 Timothy D Foley
Giessler Paul R $155,000 Timothy D Foley
Ortiz Jaimie I $85,000 --
Ortiz Jaimie I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giessler Paul R $106,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $110,000 -- --
04/10/2017 04/10/17 Sold $110,000 -38.5% $63 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $179,000 -- $102 / Sq Ft
Source: Adirondack-Champlain Valley 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 $3,201 $145,000 $25,300 $119,700
2023 $3,175 $145,000 $25,300 $119,700
2022 $2,435 $145,000 $25,300 $119,700
2021 $2,425 $145,000 $25,300 $119,700
2020 $2,372 $145,000 $25,300 $119,700
2019 $2,797 $145,000 $25,300 $119,700
2018 $2,367 $145,000 $25,300 $119,700
2017 $2,350 $145,000 $25,300 $119,700
2016 $3,459 $181,900 $25,300 $156,600
2015 -- $180,600 $15,600 $165,000
2014 -- $180,600 $15,600 $165,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Elise LaGrange

    Timm Associates Sothebys International Realty

See All Agents

Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 156122

APN: 215400-041-058-0001-056-000-0000

New York Herkimer County Old Forge 13420

2925 State Route 28, Old Forge, NY

This home is located at 2925 State Route 28, Old Forge, NY 13420 since 29 April 2016 and is currently estimated at $242,165, approximately $138 per square foot. This property was built in 1940. 2925 State Route 28 is a home located in Herkimer County with nearby schools including Town of Webb School.

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