NOT LISTED FOR SALE

294 W 5th St Oswego, NY 13126

Estimated Value: $114,000 - $137,294

4 Beds
2 Baths
1,972 Sq Ft
$64/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $77,225 $39 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $808/month

58 Days on Market

Highlights

  • Forced Air Cooling System
  • Property is near a bus stop
  • Wall to Wall Carpet

About This Home

As of November 2019

Neighborhood 2-Family home with long-term tenant 4-5 years. This large colonial has a beautiful front porch, with plenty of parking. This home is a nice investment opportunity. Each space has separate utilities. Front apartment bathroom remodeled 2018. Investors - consider this sturdy home with comfortable tenant space. Long history with much potential!

Last Agent to Sell the Property

Donald Grovine

Listing by Hunt Real Estate ERA License #10301220729 Listed on: 06/12/2019

Hunt Real Estate ERA

Last Buyer's Agent

Mandy Saloski

Listing by Inquire Realty License #10301213151

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,060 Sq Ft Lot
  • Lot Dimensions are 110 x 46

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,972 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 20
  • Assessor Parcel Number 351200-146-022-0005-020-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Oswego-City-351200
  • Total Assessed Value: 66000
  • Gross Annual Income: 16200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 46
  • Lot Information: Near Bus Line
  • Lot Number: 20
  • Nearest Cross Street: Varick
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 664586.92
  • Ratio Close Price By Sq Ft: 39.16
  • Ratio List Price By Acres: 705679.86
  • Ratio List Price By Sq Ft: 41.58
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • School Tax: 2291
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5060
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Rt. 481 to E Utica St to W 5th St.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1972

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1162

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
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Oswego

Lot Info

  • Parcel Number: 351200-146-022-0005-020-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 8493

MLS Schools

  • School District Name: Oswego

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Oct 25, 2019
Sold by
Boss Robert A and Boss Saunessy C
Bought by
Spano Sean M
Seller's Agent
Donald Grovine
Hunt Real Estate ERA
Buyer's Agent
Mandy Saloski
Inquire Realty
List Price
$85,000
Sold Price
$77,225
Premium/Discount to List
-$7,775
-9.15%
Current Estimated Value
$125,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,099
Avg. Annual Appreciation
9.84%
Original Mortgage
$57,918
Outstanding Balance
$45,985
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$87,133

Purchase Details

Closed on
Dec 10, 1998
Sold by
Johnson Spencer L and Johnson Rachel J
Bought by
Gunn Thomas P and Gunn Margaret E

Purchase Details

Closed on
Aug 5, 1998
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
Spano Sean M $77,500 Vanguard Research & Ttl Svcs
Gunn Thomas P $73,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spano Sean M $57,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $77,225 -5.8% $39 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/31/2019 07/31/19 Price Changed $82,000 -3.5% $42 / Sq Ft
06/12/2019 06/12/19 For Sale $85,000 -- $43 / Sq Ft
Source: Central New York Information Services

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 $4,029 $121,000 $17,500 $103,500
2023 $2,005 $77,000 $10,800 $66,200
2022 $2,033 $77,000 $10,800 $66,200
2021 $2,068 $77,000 $10,800 $66,200
2020 $1,356 $77,000 $10,800 $66,200
2019 $2,053 $66,000 $10,800 $55,200
2018 $2,053 $66,000 $10,800 $55,200
2017 $2,047 $66,000 $10,800 $55,200
2016 $634 $66,000 $10,800 $55,200
2015 -- $66,000 $10,800 $55,200
2014 -- $66,000 $10,800 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1200289

Central New York Information Services

APN: 351200-146-022-0005-020-000-0000