$209,100
SOLD MAY 9, 2024

31 Cedar St Oneonta, NY 13820

8 Beds
4 Baths
3,482 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

7% Below List Price

256 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 3-minute walk to Robert V Riddell State Park
  • Wood Siding

About This Home

As of May 2024

PRICED TO SELL! Take advantage of this RARE OPPORTUNITY to own a LEGAL 8 BEDROOM, 2 unit apartment building with TWO 4 BEDROOM APARTMENTS. This apartment house has always been a great student rental property, but could also the perfect owner occupied two family home. Each apartment has 2 full baths with Laundry. Bedrooms are spacious. Kitchens and baths have been updated. Each apt has their own furnace and hot water heater. Plenty of off street parking with a nice front porch.

Total potential income when fully rented $60,000 + per year ($750/bedroom for 10 months). Owner expenses - $13,256 per year when fully rented (taxes, heat, electric, water, Insurance).
Don't miss out on this great opportunity to buy into the Oneonta rental market. There are limited number of legal 4 bedroom apartments available in Oneonta. Don't miss out on this one!

Last Agent to Sell the Property

Cricket Keto

Listing by Oneonta Realty, LLC Brokerage Phone: 607-287-8458 License #30KE1019431 Listed on: 04/26/2023

Last Buyer's Agent

Cricket Keto

Listing by Oneonta Realty, LLC Brokerage Phone: 607-287-8458 License #30KE1019431 Listed on: 04/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,157

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 56x153

Parking

  • Parking Available

Home Design

  • Wood Siding

Interior Spaces

  • 3,482 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 26
  • Assessor Parcel Number 288.14-1-26

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,157

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities
  • Year Built: 1900
  • Attribution Contact: 607-287-8458
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Main st to Maple St. Take right onto Cedar St house on the left.
  • Flooring: Carpet, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.19
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Parking Available

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Oneonta

Lot Info

  • Parcel Number: 288.14-1-26
  • Lot Dimensions: 56X153
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 7157.0
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 3, 2024
Sold by
Clark Seth
Bought by
Adipietro Anthony
Seller's Agent
Cricket Keto
Oneonta Realty, LLC
Buyer's Agent
Cricket Keto
Oneonta Realty, LLC
List Price
$225,000
Sold Price
$209,100
Premium/Discount to List
-$15,900
-7.07%
Views
504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.13%
Original Mortgage
$156,825
Outstanding Balance
$154,908
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,729

Purchase Details

Closed on
Feb 1, 2013
Sold by
Wilber & Clark Ent Inc
Bought by
Clark Seth

Purchase Details

Closed on
Dec 13, 2006
Sold by
Morley Bradford F
Bought by
Wilber & Clark Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.16%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $209,100 None Available
Interfamily Deed Transfer $100,318 Robert Gouldin
Interfamily Deed Transfer $100,318 Robert Gouldin
Deed $74,000 Richard Mcvinney
Deed $74,000 Richard Mcvinney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,825 Purchase Money Mortgage
Previous Owner $225,000 Unknown
Previous Owner $220,000 Unknown
Previous Owner $165,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 For Sale $274,000 +31.0% $79 / Sq Ft
05/09/2024 05/09/24 Sold $209,100 -7.1% $60 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
04/24/2023 04/24/23 For Sale $225,000 -- $65 / 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 $14,242 $207,000 $18,300 $188,700
2023 $7,355 $207,000 $18,300 $188,700
2022 $7,077 $207,000 $18,300 $188,700
2021 $7,048 $207,000 $18,300 $188,700
2020 $7,914 $207,000 $18,300 $188,700
2019 $7,727 $207,000 $18,300 $188,700
2018 $7,727 $207,000 $18,300 $188,700
2017 $12,984 $207,000 $18,300 $188,700
2016 $14,628 $207,000 $18,300 $188,700
2015 -- $107,000 $9,500 $97,500
2014 -- $107,000 $9,500 $97,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1466810

Otsego-Delaware Board of REALTORS®

APN: 361200-288-014-0001-026-000-0000