NOT LISTED FOR SALE

3 Wells St Saratoga Springs, NY 12866

Estimated Value: $840,000 - $982,000

5 Beds
4 Baths
2,900 Sq Ft
$316/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $725,000 $250 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,534/month

15 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Covered Patio or Porch
  • Lake Avenue Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Fabulous unique opportunity to own a pristine historic building just a quick stroll to downtown Saratoga Springs. 3 Family Investment property, all units in excellent newly renovated condition, hardwood floors throughout, spacious, and with their own utilities. Extra large walk up attic can be finished for additional rental income. Newer roof. Two units 1B/1B single floor, 3rd unit 3B/2B upper lower. Additional rear entry in 2 units. W/D hook up. Excellent rental history and ability to Air BnB year round. NO SHOWINGS UNTIL OPEN HOUSE 5/21/22 FROM 11AM-1PM.

Last Agent to Sell the Property

Monique Boulet

KW Platform License #10301215029 Listed on: 05/19/2022

KW Platform

Last Buyer's Agent

Monique Boulet

KW Platform License #10301215029 Listed on: 05/19/2022

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,232

Year Built

  • Built in 1901

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Asphalt

Interior Spaces

  • 2,900 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Full Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Saratoga Springs High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 52 / 1
  • Assessor Parcel Number 411501 165.50-1-52

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,232

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Multi Residence
  • Year Built: 1901
  • Directions: From Downtown Saratoga Springs, turn onto Van Dam Street, 1/2 mile Right On Wells St. Large Brick building on left. 1-3 Wells Street.
  • Above Grade Finished Sq Ft: 2900.0
  • Lot Size Acres: 0.06
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Flooring:Hardwood: Yes
  • Cooling:Central Air: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Unfinished, Other
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 2900.0
  • Attic Features:Walk-Up: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Front Porch
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Saratoga Springs

Lot Info

  • Lot Features: Level
  • Parcel #: 411501 165.50-1-52
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7231.89
  • Tax Block: 1
  • Tax Lot: 52

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • HighSchool: Saratoga Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 3, 2022
Sold by
37 Greenfield Llc
Bought by
Coughlan Seamus M and Coughlan Eileen T
Seller's Agent
Monique Boulet
KW Platform
Buyer's Agent
Monique Boulet
KW Platform
List Price
$765,000
Sold Price
$725,000
Premium/Discount to List
-$40,000
-5.23%
Current Estimated Value
$917,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,579
Avg. Annual Appreciation
7.28%
Original Mortgage
$525,000
Outstanding Balance
$476,575
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$441,004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Coughlan Seamus M $725,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coughlan Seamus M $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2022 08/03/22 Sold $725,000 -5.2% $250 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $765,000 -- $264 / Sq Ft
Source: Global 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 $8,497 $281,900 $45,000 $236,900
2023 $7,232 $281,900 $45,000 $236,900
2022 $7,232 $281,900 $45,000 $236,900
2021 $7,232 $281,900 $45,000 $236,900
2016 $7,232 $281,900 $45,000 $236,900
Source: Public Records

Agents Affiliated with this Home

  • Monique Boulet

    Seller's Agent in 2022

    Monique Boulet

    KW Platform

    (518) 312-6309

    4 in this area

    18 Total Sales

    Monique Boulet
    Section Image
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Map

Source: Global MLS

MLS Number: 202218069

Global MLS

APN: 411501 165.50-1-52

New York Saratoga County Saratoga Springs 12866

3 Wells St, Saratoga Springs, NY

Not Listed for Sale

MultiFamily

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