NOT LISTED FOR SALE

305 E Union St Newark, NY 14513

Estimated Value: $87,000 - $126,984

2 Beds
2 Baths
1,658 Sq Ft
$68/Sq Ft Est. Value

Sale Details

Date Sold: September 7, 2022

Last sale price $60,000 $36 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $759 / mo

112 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Garage
  • High Speed Internet
  • Forced Air Heating System

About This Home

As of September 2022

Calling all Investors!!! Here is a home 2 family home that is priced to allow you to earn a profit while owning a low maintenance home. This 2 story home located along the canal, has 2 - 1 bedroom apartments that are easily rentable. One tenant has been in the apartment for years. Both apartments include the stove and refrigerators. There is a detached garage, larger yard and driveway that is within walking distance of the downtown business districted. Updates include a partial newer roof, some electrical, paint, windows, newer hot water tanks. The upper apartment is ready to rent to whomever the buyers want in the apartment. Opportunity awaits you so come take a look before it is gone!!!

Last Agent to Sell the Property

John Flock

Listing by Towpath Homes License #10301216475 Listed on: 03/23/2022

Last Buyer's Agent

Tracy Zornow

Listing by Empire Realty Group License #10401317805

Empire Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,285

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x133

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,658 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes gardener, snow removal, trash collection
  • Tax Lot 516
  • Assessor Parcel Number 542001-068-111-0019-516-045-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $230
  • Gross Income $12,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,285

Year Built

Built in 1900

Lot Details

9,148 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal, Trash Collection
  • Year Built: 1900
  • Road Frontage Type: Main Thoroughfare
  • Directions: PROPERTY IS LOCATED ON RT 31 / E. UNION STREET ON THE SOUTH SIDE OF THE ROAD NEAR DUNKIN DONUTS O
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Stucco, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Gravel, Two or More Spaces, Unpaved

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Newark

Lot Info

  • Parcel Number: 542001-068-111-0019-516-045-0000
  • Lot Dimensions: 70X133
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 12300.0
  • Annual Operating Expense: 230.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2285.0
  • Tax Lot: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Sep 1, 2022
Sold by
Vanduyne Stephen and Vanduyne Brenda
Bought by
Temple Casey
Seller's Agent
John Flock
Towpath Homes
Buyer's Agent
Tracy Zornow
Empire Realty Group
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Current Estimated Value
$111,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,996
Avg. Annual Appreciation
18.82%
Source: Public Records
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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
Temple Casey $60,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Sold $60,000 -14.2% $36 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $69,900 -6.7% $42 / Sq Ft
04/26/2022 04/26/22 Price Changed $74,900 -6.3% $45 / Sq Ft
03/23/2022 03/23/22 For Sale $79,900 -- $48 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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
2025 $1,983 $68,000 $12,800 $55,200
2024 $1,983 $68,000 $12,800 $55,200
2023 $2,099 $43,000 $13,300 $29,700
2022 $2,224 $43,000 $13,300 $29,700
2021 $2,194 $43,000 $13,300 $29,700
2020 $2,143 $43,000 $13,300 $29,700
2019 $578 $43,000 $13,300 $29,700
2018 -- $43,000 $13,300 $29,700
2017 -- $43,000 $13,300 $29,700
2016 -- $43,000 $13,300 $29,700
2015 -- $43,000 $13,300 $29,700
2014 -- $43,000 $13,300 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1394766

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-111-0019-516-045-0000

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