NOT LISTED FOR SALE

34 Academy St Hancock, NY 13783

Estimated Value: $188,000 - $341,000

9 Beds
3 Baths
4,004 Sq Ft
$58/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $170,000 $42 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,556/month

10 Days on Market

Highlights

  • High Speed Internet
  • Wall to Wall Carpet
  • Heating System Uses Gas

About This Home

As of November 2023

Looking for a great Investment? Take a look at this 3-apartment duplex located downtown Hancock. Private porch and back patio, meticulously organized boiler room with 3 hot water heaters and furnace. Each apartment has 3 Bedrooms, 1 Bathroom and tenants pay their own electric, heat and garbage. Some of the updates include. All-natural gas piping to the house replaced, new appliances in the 2nd floor apartment, new flooring in 3rd floor apartment, replaced all railings, new roof in 2017 and repaired front porch and steps. Current rent roll per month is $2,727with room to raise rents if needed. call for your showing today!

Last Agent to Sell the Property

Thelma Strier

Listing by Zuill Realty License #10371200193 Listed on: 07/31/2023

Last Buyer's Agent

Thelma Strier

Listing by Zuill Realty License #10371200193 Listed on: 07/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,937

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 75 x 40

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,004 Sq Ft Home
  • 2.7-Story Property
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 10
  • Assessor Parcel Number 123601-429-018-0001-010-200
  • $635 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,937

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Annual Special Assessment: 635
  • NY Swis Code: Hancock-Village-123601
  • Total Assessed Value: 18000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 75
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: East Front Street
  • Number of Stories: 2.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2125000.00
  • Ratio Close Price By Sq Ft: 42.46
  • Ratio List Price By Acres: 2500000.00
  • Ratio List Price By Sq Ft: 49.95
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • Roof Description: Asphalt
  • School Tax: 1985
  • Sub Board Code: Otsego-Delaware
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Village: Hancock-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 3485
  • Age of Building: 83
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 4004
  • Directions To Property: East front street to Academy Street. Property on right.
  • Sq Ft Total Pub: 4004
  • Attribution Contact: 607-316-0037
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 3
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 3.00
  • Total Bedrooms: 9
  • Total Sq Ft: 4004

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: High Speed Internet
  • Number of Acres: 0.0800

Garage/Parking

  • Number of Electric Meters: 3

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Municipal Electric
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Hancock

Lot Info

  • Parcel Number: 123601-429-018-0001-010-200

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 5937

MLS Schools

  • School District Name: Hancock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Jan 3, 2024
Sold by
A Dozen Doors Llc
Bought by
Knights Templar Llc
Seller's Agent
Thelma Strier
Zuill Realty
Buyer's Agent
Thelma Strier
Zuill Realty
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%
Views
116
Current Estimated Value
$231,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,058
Avg. Annual Appreciation
2.99%
Original Mortgage
$136,000
Outstanding Balance
$134,352
Interest Rate
7.29%
Mortgage Type
Commercial
Estimated Equity
$44,630

Purchase Details

Closed on
Dec 22, 2020
Sold by
Wagner Joseph and Lockhart Varsha
Bought by
A Dozen Doors Llc

Purchase Details

Closed on
Jul 15, 1998
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
Knights Templar Llc $170,000 None Available
A Dozen Doors Llc -- None Available
-- $2,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knights Templar Llc $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $170,000 -15.0% $42 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $200,000 +61.3% $50 / Sq Ft
09/04/2020 09/04/20 Sold $124,000 -12.7% $37 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
12/08/2017 12/08/17 For Sale $142,000 -- $42 / 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 $3,497 $18,000 $1,500 $16,500
2023 $5,477 $18,000 $1,500 $16,500
2022 $5,298 $18,000 $1,500 $16,500
2021 $5,228 $18,000 $1,500 $16,500
2020 $5,196 $18,000 $1,500 $16,500
2019 $5,413 $18,000 $1,500 $16,500
2018 $5,413 $18,000 $1,500 $16,500
2017 $3,212 $18,000 $1,500 $16,500
2016 $1,329 $18,000 $1,500 $16,500
2015 -- $18,000 $1,500 $16,500
2014 -- $18,000 $1,500 $16,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Thelma Strier

    Zuill Realty

    Section Image

  • S

    Seller's Agent in 2020

    Sharon Dennis

    James Serio Real Estate

  • S

    Buyer's Agent in 2020

    Sharon Gordon (Dennis)

    United Country

    (607) 467-4165

    72 Total Sales

    Section Image
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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1487034

Otsego-Delaware Board of REALTORS®

APN: 123601-429-018-0001-010-200

New York Delaware County Hancock 13783

34 Academy St, Hancock, NY

This home is located at 34 Academy St, Hancock, NY 13783 since 31 July 2023 and is currently estimated at $231,058, approximately $57 per square foot. This property was built in 1940. 34 Academy St is a home located in Delaware County with nearby schools including Hancock Elementary School and Hancock Junior/Senior High School.

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