NOT LISTED FOR SALE

342 E Union St Newark, NY 14513

6 Beds
4 Baths
3,936 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: September 1, 2023

Last sale price $90,000 $23 Per Sq Ft

88 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Carpet

About This Home

As of September 2023

Here is your opportunity to own this income producing 4 unit rental. All units are rented on a month to month bases. All separate utilities, owner pas water and sewer. Some units have newer furnaces and the roof is about 10 years old. Plenty of parking in the rear of the property.

Last Agent to Sell the Property

John Flock

Listing by Towpath Homes Brokerage Phone: 315-923-7653 License #10301216475 Listed on: 04/20/2023

Last Buyer's Agent

David Nersinger

Listing by Gregory Estates LLC License #10401298865

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66x125

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Siding

Interior Spaces

  • 3,936 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 584
  • Assessor Parcel Number 542001-068-111-0019-584-047-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Gross Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,102

Year Built

Built in 1880

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1880
  • Attribution Contact: 315-923-7653
  • Lot Features: Near Public Transit
  • Road Frontage Type: Main Thoroughfare
  • Directions: Property is located on Rt 31 (E. Union Street) on the north side of the street
  • Architectural Style: Fourplex
  • Flooring: Carpet, Resilient, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Cooling: Other, See Remarks
  • Heating: Gas, Other, See Remarks, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable 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: 542001-068-111-0019-584-047-0000
  • Lot Dimensions: 66X125
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential Multi Use

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 28500.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 3102.0
  • Tax Lot: 584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Aug 10, 2023
Sold by
Messerschmidt Katarzyana
Bought by
Estrame Jean F and Estrame Marie
Seller's Agent
John Flock
Towpath Homes
Buyer's Agent
David Nersinger
Gregory Estates LLC
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Views
419

Purchase Details

Closed on
Dec 20, 2002
Sold by
Frasca Dale J
Bought by
Messerschmidt Katarzyna

Purchase Details

Closed on
May 2, 1997
Sold by
Roy Franzle
Bought by
Frasca Dale J
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
Estrame Jean F $90,000 None Available
Estrame Jean F $90,000 None Available
Messerschmidt Katarzyna $32,000 Michael Ringrose
Messerschmidt Katarzyna $32,000 Michael Ringrose
Frasca Dale J $45,000 --
Frasca Dale J $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $90,000 -5.3% $23 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $95,000 -5.0% $24 / Sq Ft
04/20/2023 04/20/23 For Sale $100,000 -- $25 / 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 $2,625 $90,000 $38,000 $52,000
2024 $2,625 $90,000 $38,000 $52,000
2023 $2,861 $60,000 $28,400 $31,600
2022 $3,104 $60,000 $28,400 $31,600
2021 $3,061 $60,000 $28,400 $31,600
2020 $2,991 $60,000 $28,400 $31,600
2019 $806 $60,000 $28,400 $31,600
2018 -- $60,000 $28,400 $31,600
2017 -- $60,000 $28,400 $31,600
2016 -- $60,000 $28,400 $31,600
2015 -- $60,000 $28,400 $31,600
2014 -- $60,000 $28,400 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1466107

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-111-0019-584-047-0000

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