NOT LISTED FOR SALE

311 Eastern Ave Herkimer, NY 13350

Herkimer Area
6 Beds
4 Baths
1,640 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: August 22, 2018

Last sale price $53,000 $32 Per Sq Ft

250 Days on Market

About This Home

As of August 2018

Great 3 unit income property with large lot. Property is currently at a 15% cap rate with upside potential. Owner will hold paper with half down.

Last Agent to Sell the Property

Paul Miscione

Listing by Miscione Realty Group LLC License #10491206403 Listed on: 11/15/2017

Last Buyer's Agent

Paul Miscione

Listing by Miscione Realty Group LLC License #10491206403 Listed on: 11/15/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 241 x 50

Parking

  • Stone Driveway

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 120.25-2-74

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.28 Acres

Listing Details

  • Age: 67
  • NY Swis Code: Herkimer-213089
  • Total Assessed Value: 64000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 241
  • Lot Dimension Front: 50
  • Nearest Cross Street: King Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 32.32
  • Ratio List Price By Sq Ft: 45.67
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt, Flat
  • School Tax: 1600
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing Unknown
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: None provided
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 4
  • Additional Interior Features: Electrical Fuses - some
  • Basement Description: Full
  • Number of Rooms: 20
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Total Sq Ft: 1640

Exterior Features

  • Construction: Stone, Vinyl

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Sewer Water: Public Sewer Connected, Public Water Connected

Lot Info

  • Parcel Number: 120.25-2-74

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3662

MLS Schools

  • School District Name: Herkimer

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Bought by

Purchase Details

Listed on
Jul 4, 2016
Closed on
Aug 8, 2016
Sold by
Bought by
Seller's Agent
Paul Miscione
Miscione Realty Group LLC
Buyer's Agent
Paul Miscione
Miscione Realty Group LLC
List Price
$79,900
Sold Price
$20,000
Premium/Discount to List
-$59,900
-74.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
0.0341%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 26, 2015
Closed on
Oct 15, 2015
Sold by
Bought by
Seller's Agent
Virna Thibault
Rm Realty Results LLC
Buyer's Agent
Mvar Nonmember
MVAR NONMEMBER
List Price
$29,900
Sold Price
$5,000
Premium/Discount to List
-$24,900
-83.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
465.69%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 2003
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 1996
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$20,000 --
$5,000 --
$46,597 --
-- --
$75,000 Cecilia Fagan Polidori
$24,000 Cecilia Fagan Polidori
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $130,000
Previous Owner $130,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2018 08/22/18 Sold $53,000 -33.7% $32 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
11/15/2017 11/15/17 For Sale $79,900 +299.5% $49 / Sq Ft
08/19/2016 08/19/16 Sold $20,000 -75.0% $12 / Sq Ft View Prior Sale
07/12/2016 07/12/16 Pending -- -- --
07/04/2016 07/04/16 For Sale $79,900 +1498.0% $49 / Sq Ft
11/02/2015 11/02/15 Sold $5,000 -83.3% $3 / Sq Ft View Prior Sale
09/11/2015 09/11/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $29,900 -- $18 / Sq Ft
Source: Mid New York Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,689 $25,000 $12,200 $12,800
2024 $2,689 $41,000 $12,200 $28,800
2023 $2,573 $41,000 $12,200 $28,800
2022 $2,492 $41,000 $12,200 $28,800
2021 $2,482 $41,000 $12,200 $28,800
2020 $2,495 $41,000 $12,200 $28,800
2019 $1,596 $41,000 $12,200 $28,800
2018 $2,436 $41,000 $12,200 $28,800
2017 $2,389 $41,000 $12,200 $28,800
2016 $2,900 $41,000 $12,200 $28,800
2015 -- $64,000 $12,200 $51,800
2014 -- $64,000 $12,200 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: 1704524

Mid New York Regional MLS

APN: 213001 120.25-2-74

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