NOT LISTED FOR SALE

305 Colton Ave Newark, NY 14513

Estimated Value: $133,000

-- Bed
-- Bath
5,040 Sq Ft
$26/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $95,000 $19 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,065/month

29 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Rectangular Lot
  • Full Attic
  • Property is near a bus stop

About This Home

As of February 2012

Easy to rent. 4 unit, currently fully occupied. Great location convenient to everything. Includes coin-op washer and dryer in basement area, newer furnaces and water heaters. Cash cow, great value, in very good condition. Resident handyman available.

Last Agent to Sell the Property

James Scheerens

Listing by Hunt Real Estate ERA/Columbus License #30SC1099013 Listed on: 12/06/2011

Last Buyer's Agent

Marjorie Gile

Listing by Howard Hanna License #40GI1022232

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 1913

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 152 x 60
  • Rectangular Lot

Parking

  • No Garage

Interior Spaces

  • 5,040 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Full Attic

Kitchen

  • Free-Standing Range
  • Range Hood

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near a bus stop

Schools

  • Newark Middle School
  • Newark Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes heat, hot water, lawn maintenance, refuse removal, snow removal, water
  • Assessor Parcel Number 542001-068-110-0006-494-962-0000

Community Details

Overview

  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $6,000
  • Gross Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,791

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Age: 98
  • Annual Operating Expenses: 6000
  • NY Swis Code: Newark-Village-542001
  • Total Assessed Value: 75000
  • Gross Annual Income: 20700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 152
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 471428.5700
  • List Price per Sq Ft: 19.6428
  • Nearest Cross Street: Church Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 452380.95
  • Ratio Close Price By Sq Ft: 18.85
  • Ratio List Price By Acres: 471428.57
  • Ratio List Price By Sq Ft: 19.64
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • Rent Includes: Heat, Hot Water, Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • School Tax: 1148
  • Sale Price List Price: 0.9595
  • S P Per Acre: 452380.9500
  • S P Per Sq Ft: 18.8492
  • Sub Board Code: Rochester
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 99000.00
  • Village: Newark-Village
  • Year Built Description: Existing
  • Age of Building: 109
  • Year Built: 1913
  • Directions To Property: Route 31 east to Newark to 2nd street past Main.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1913

Interior Features

  • Attic Description: Full, Stair Access
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Hardwood-Some, Resilient-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Rooms: 16
  • Total Sq Ft: 5040

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.2100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop, Parking Area

Utilities

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

Schools

  • School District: Newark
  • Middle School: Newark Middle
  • High School: Newark Senior High

Lot Info

  • Parcel Number: 542001-068-110-0006-494-962-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 2791

MLS Schools

  • High School Name: Newark Senior High
  • Middle School Name: Newark Middle
  • School District Name: Newark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Feb 28, 2012
Sold by
Ruffalo Francis A
Bought by
Hoover Daryl O
Seller's Agent
James Scheerens
Hunt Real Estate ERA/Columbus
Buyer's Agent
Marjorie Gile
Howard Hanna
List Price
$99,000
Sold Price
$95,000
Premium/Discount to List
-$4,000
-4.04%
Current Estimated Value
$133,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,000
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
Jan 14, 2004
Sold by
Ruffalo Francis A
Bought by
Ruffalo Francis A

Purchase Details

Closed on
Sep 19, 1997
Sold by
Gentile
Bought by
Ruffalo Francis A and Ruffalo Cecile M
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
Hoover Daryl O $95,000 Michael J Roulan
Ruffalo Francis A -- Arthur Williams
Ruffalo Francis A $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover Daryl O $642,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $95,000 -4.0% $19 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $99,000 -- $20 / 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 $3,962 $140,000 $42,000 $98,000
2023 $3,962 $75,000 $15,100 $59,900
2022 $3,879 $75,000 $15,100 $59,900
2021 $3,827 $75,000 $15,100 $59,900
2020 $3,738 $75,000 $15,100 $59,900
2019 $3,688 $75,000 $15,100 $59,900
2018 $3,581 $75,000 $15,100 $59,900
2017 $3,538 $75,000 $15,100 $59,900
2016 $3,540 $75,000 $15,100 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R172698

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-110-0006-494-962-0000