NOT LISTED FOR SALE

302 Madison St Newark, NY 14513

Estimated Value: $104,000 - $167,000

4 Beds
2 Baths
1,665 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $76,500 $46 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $864/month

8 Days on Market

About This Home

As of February 2023

*GREAT INVESTMENT OPPORTUNITY*TENANTS MONTH TO MONTH*SEPARATE UTILITIES*BE YOUR OWN BOSS*SELLER MAY CONSIDER A PACKAGE DEAL W/ R1443521 & R1443563.

Last Agent to Sell the Property

Deirdre Balestiere

Listing by Hunt Real Estate ERA/Columbus License #40BA0796514 Listed on: 11/09/2022

Hunt Real Estate ERA/Columbus

Last Buyer's Agent

David Kuperus

Listing by Hunt Real Estate ERA/Columbus License #10301216133

Hunt Real Estate ERA/Columbus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 108 x 61

Home Design

  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,665 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Stone Driveway

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, water
  • Tax Lot 259
  • Assessor Parcel Number 542001-068-110-0006-259-881-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,191

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Newark-Village-542001
  • Total Assessed Value: 64000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 61
  • Lot Information: Neighborhood Street
  • Lot Number: 259
  • Nearest Cross Street: Jefferson Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 510000.00
  • Ratio Close Price By Sq Ft: 45.95
  • Ratio List Price By Acres: 532666.67
  • Ratio List Price By Sq Ft: 47.99
  • Regional Board Code: Rochester
  • Rent Includes: Grounds Maintenance, Water
  • Roof Description: Asphalt
  • School Tax: 1472
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Newark-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 6534
  • Age of Building: 133
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1665
  • Directions To Property: Rte. 88 N. , right onto Jefferson, destination on your left.
  • Sq Ft Total Pub: 1665
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Resilient-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1665

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Wood Screens/Storms-some
  • Number of Acres: 0.1500

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Newark

Lot Info

  • Parcel Number: 542001-068-110-0006-259-881-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3191

MLS Schools

  • School District Name: Newark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 31, 2023
Sold by
Messerchmidt Alfred
Bought by
Jackson Jacob C and Jackson Lindsey A
Seller's Agent
Deirdre Balestiere
Hunt Real Estate ERA/Columbus
Buyer's Agent
David Kuperus
Hunt Real Estate ERA/Columbus
List Price
$79,900
Sold Price
$76,500
Premium/Discount to List
-$3,400
-4.26%
Views
29
Current Estimated Value
$133,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,998
Avg. Annual Appreciation
24.19%
Original Mortgage
$61,200
Outstanding Balance
$59,327
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,171

Purchase Details

Closed on
Jun 19, 2003
Sold by
Defisher Glenn
Bought by
Washington Mutual Bank
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
Jackson Jacob C $76,500 None Available
Jackson Jacob C $76,500 None Available
Washington Mutual Bank $64,673 --
Washington Mutual Bank $64,673 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Jacob C $61,200
Closed Jackson Jacob C $61,200
Previous Owner Messerschmidt Alfred $521,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $76,500 -4.3% $46 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $79,900 -- $48 / 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 $1,654 $99,000 $9,300 $89,700
2023 $1,654 $10,000 $10,000 $0
2022 $3,310 $64,000 $10,000 $54,000
2021 $3,265 $64,000 $10,000 $54,000
2020 $3,190 $64,000 $10,000 $54,000
2019 $3,147 $64,000 $10,000 $54,000
2018 $3,055 $64,000 $10,000 $54,000
2017 $3,019 $64,000 $10,000 $54,000
2016 $3,021 $64,000 $10,000 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1443517

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-110-0006-259-881-0000