NOT LISTED FOR SALE

342 4th Ave Frankfort, NY 13340

Estimated Value: $130,000 - $239,000

6 Beds
2 Baths
2,588 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $125,000 $48 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,297/month

88 Days on Market

Highlights

  • Full Attic
  • Tile Flooring
  • High Speed Internet
  • Patio
  • Ceiling Fan
  • Heating System Uses Gas

About This Home

As of February 2023

This inviting two-family duplex home in charming Frankfort is loaded with all of the items you need & love. Located at the foot of the Adirondack mountains and just minutes away from recreational activities, shopping, and work. This home has durable cedar shake shingles, an office for remote work, 3 bed 1 ½ bath on one side 2 bed 1 ½ bath on other side and the following updates; newly installed metal side roofs and newly installed sewer pipes and plumbing to sinks, toilets & tubs with all new PVC piping, some vinyl tilt in windows, new kitchen sink, and the exterior painted. And with a brand spanking new boiler and village electric, both you and your tenants will be happy to afford to stay for the long term. This is an excellent affordable investment opportunity. Longtime owner has lovingly cared for and enjoyed this dwelling for 45 years. This residence is located just minutes from shopping and work yet gives you that peaceful back yard retreat in a friendly suburban neighborhood. Have friends over to play basketball or great conversations over the fire.

Last Agent to Sell the Property

Michele Martinez

Listing by Coldwell Banker Prime Properties License #10401325998 Listed on: 07/21/2022

Coldwell Banker Prime Properties

Last Buyer's Agent

Lori DiNardo-Emmerich

Listing by Coldwell Banker Faith Properties License #10401218651

Coldwell Banker Faith Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1900

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 110 x 48

Home Design

  • Stone Foundation
  • Metal Roof
  • Partial Copper Plumbing
  • Cedar

Interior Spaces

  • 2,588 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Rent includes electric, heat, hot water
  • Tax Lot 72
  • Assessor Parcel Number 212601-112-082-0002-072-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,015

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Frankfort-Village-212601
  • Total Assessed Value: 61900
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 48
  • Lot Information: Neighborhood Street
  • Lot Number: 72
  • Nearest Cross Street: Ingersoll Ave.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1031353.14
  • Ratio Close Price By Sq Ft: 48.30
  • Ratio List Price By Acres: 1056105.61
  • Ratio List Price By Sq Ft: 49.46
  • Regional Board Code: Syracuse
  • Rent Includes: Electric, Heat, Hot Water
  • Roof Description: Metal
  • School Tax: 1974
  • Sub Board Code: Mohawk Valley
  • Type of Residence: Side by Side
  • Type of Sale: Normal
  • Village: Frankfort-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 5280
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2588
  • Directions To Property: Heading north on S. Litchfield st. turn right on to Fourth Ave.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2588

Exterior Features

  • Construction: Cedar, Shake Shingle
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Patio
  • Number of Acres: 0.1212

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water, Radiant
  • Number of Gas Meters: 2
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Frankfort-Schuyler

Lot Info

  • Parcel Number: 212601-112-082-0002-072-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4015

MLS Schools

  • School District Name: Frankfort-Schuyler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Feb 10, 2023
Sold by
Loiacano Dominick and Loiacano Bernadette J
Bought by
Capirci Donna
Seller's Agent
Michele Martinez
Coldwell Banker Prime Properties
Buyer's Agent
Lori DiNardo-Emmerich
Coldwell Banker Faith Properties
List Price
$128,000
Sold Price
$125,000
Premium/Discount to List
-$3,000
-2.34%
Views
37
Current Estimated Value
$173,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,337
Avg. Annual Appreciation
13.03%
Original Mortgage
$48,760
Outstanding Balance
$47,171
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,166

Purchase Details

Closed on
May 29, 1996
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
Capirci Donna $125,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capirci Donna $48,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $125,000 -2.3% $48 / Sq Ft
01/09/2023 01/09/23 For Sale $128,000 0.0% $49 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $128,000 -5.2% $49 / Sq Ft
08/27/2022 08/27/22 Price Changed $135,000 -3.6% $52 / Sq Ft
07/21/2022 07/21/22 For Sale $140,000 -- $54 / Sq Ft
Source: Mid New York Regional MLS

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 $4,539 $61,900 $8,900 $53,000
2023 $4,290 $61,900 $8,900 $53,000
2022 $4,059 $61,900 $8,900 $53,000
2021 $4,028 $61,900 $8,900 $53,000
2020 $2,624 $61,900 $8,900 $53,000
2019 $1,416 $61,900 $8,900 $53,000
2018 $2,571 $61,900 $8,900 $53,000
2017 $2,500 $61,900 $8,900 $53,000
2016 $2,465 $61,900 $8,900 $53,000
2015 -- $61,900 $8,900 $53,000
2014 -- $61,900 $8,900 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1422244

Mid New York Regional MLS

APN: 212601-112-082-0002-072-000-0000