NOT LISTED FOR SALE

299 Chestnut St Oneonta, NY 13820

Estimated Value: $128,954 - $204,000

6 Beds
2 Baths
1,660 Sq Ft
$100/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $112,000 $67 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,225/month

679 Days on Market

About This Home

As of September 2013

PRICED TO SELL-VERSATILE 2-UNIT! Owner-occupy one unit and collect rental income, or purchase as an income-property and be a successful investor! This 2-unit 6 bedroom home has Upstairs 3 bedroom apartment currently rented for $950.00 per month (7/1/13) and a Downstairs 3 bedroom apartment currently rented for $975.00 per month(6/1/13)! Downstairs rent includes heat not elec. OPT Bus stops right out front. Apartments have separate furnaces, hot water heaters and electric service. NEW WINDOWS! Property has been upgraded in the past year- but there is still room to improve! AMPLE OFF STREET PARKING!5 minute drive to Hartwick College and SUNY Oneonta. Current COC in place with the City of Oneonta. Don't miss this GREAT OPPORTUNITY!

Last Agent to Sell the Property

Joan Fox

Listing by Keller Williams Upstate NY Properties License #10311204493 Listed on: 10/06/2011

Keller Williams Upstate NY Properties

Last Buyer's Agent

Cheryl Hays

Listing by Keller Williams Upstate NY Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,591

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,660 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Gross Income $17,700

Listing and Financial Details

  • Assessor Parcel Number 299.8-1-88

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,591

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Oneonta-City-361200
  • Total Assessed Value: 72000
  • Construction: Frame
  • Foundation Description: Stone
  • Gross Annual Income: 17700
  • Listing Type: Exclusive Right To Sell
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 430769.23
  • Ratio Close Price By Sq Ft: 67.47
  • Ratio List Price By Acres: 461153.85
  • Ratio List Price By Sq Ft: 72.23
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 1818
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 11326
  • Age of Building: 123
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Full
  • Floor Description: Carpet, Vinyl-Some, Wood-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • Total Sq Ft: 1660

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2600

Utilities

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

Schools

  • School District: Oneonta

Lot Info

  • Parcel Number: 299.8-1-88

Tax Info

  • Total Taxes: 3591

MLS Schools

  • School District Name: Oneonta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2011
Closed on
Sep 30, 2013
Sold by
Chestnut Street Properties Llc
Bought by
Mclaurine David Douglas
Seller's Agent
Joan Fox
Keller Williams Upstate NY Properties
Buyer's Agent
Cheryl Hays
Keller Williams Upstate NY Properties
List Price
$125,000
Sold Price
$112,000
Premium/Discount to List
-$13,000
-10.4%
Current Estimated Value
$165,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,489
Avg. Annual Appreciation
3.28%
Original Mortgage
$75,000
Outstanding Balance
$9,133
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$156,356

Purchase Details

Closed on
Apr 23, 2003
Sold by
Conrow Kermit F Sharon
Bought by
Chestnut St Prop Llc

Purchase Details

Closed on
Jul 28, 1998
Sold by
Miller Frederick L
Bought by
Conrow Kermit F and Conrow Sharon
Source: Public Records

Range of Values:

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Average Value
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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
Mclaurine David Douglas $112,000 Hollie Jaffe
Chestnut St Prop Llc $70,000 Aaron Dean
Conrow Kermit F $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaurine David Douglas $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $112,000 -10.4% $67 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
10/06/2011 10/06/11 For Sale $125,000 -- $75 / Sq Ft
Source: Otsego-Delaware Board of REALTORS®

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 $4,242 $114,000 $20,900 $93,100
2023 $4,078 $114,000 $20,900 $93,100
2022 $3,920 $114,000 $20,900 $93,100
2021 $3,904 $114,000 $20,900 $93,100
2020 $3,920 $114,000 $20,900 $93,100
2019 -- $114,000 $20,900 $93,100
2018 $4,390 $114,000 $20,900 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD82020

Otsego-Delaware Board of REALTORS®

APN: 361200-299-008-0001-088-000-0000