NOT LISTED FOR SALE

38 1/2 W Main St Marcellus, NY 13108

Estimated Value: $182,000 - $218,000

4 Beds
2 Baths
1,629 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $176,000 $108 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,264/month

4 Days on Market

Highlights

  • Forced Air Cooling System
  • Property is near a bus stop
  • Baseboard Heating

About This Home

As of August 2023

Fantastic opportunity two add a 2 family home to your investment portfolio, or purchase as an owner occupant and "house hack", by having one of the units pay for your mortgage! Located in the sought after Marcellus village, this duplex includes two 2 bedroom apartments. 1st floor unit is currently occupied on a month to month lease at $900 per month. Upstairs is currently vacant and can be used for an owner occupant or be leased to another tenant. Contact your agent today to inquire about showing details pertaining to the occupied unit!

Last Agent to Sell the Property

Timothy (TJ) Perkins

Listing by Acropolis Realty Group LLC License #10301221758 Listed on: 07/06/2023

Acropolis Realty Group LLC

Last Buyer's Agent

Ross Ireland

Listing by Duke Properties LLC License #10401320257

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,526

Year Built

  • Built in 1920

Lot Details

  • 5,536 Sq Ft Lot
  • Lot Dimensions are 173 x 32

Parking

  • Stone Driveway

Interior Spaces

  • 1,629 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal, water
  • Tax Lot 25
  • Assessor Parcel Number 314001-005-000-0006-025-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,526

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Marcellus-Village-314001
  • Total Assessed Value: 121800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 173
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line
  • Lot Number: 25
  • Nearest Cross Street: Academy
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1384736.43
  • Ratio Close Price By Sq Ft: 108.04
  • Ratio List Price By Acres: 1336742.72
  • Ratio List Price By Sq Ft: 104.30
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • School Tax: 2686
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Marcellus-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 5536
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1629
  • Directions To Property: W Main St, Marcellus!
  • Sq Ft Total Pub: 1629
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1629

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1271

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Marcellus

Lot Info

  • Parcel Number: 314001-005-000-0006-025-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4526

MLS Schools

  • School District Name: Marcellus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 10, 2023
Sold by
213 Burnet Park Rlty Llc
Bought by
Donahue Ireland Llc
Seller's Agent
Timothy (TJ) Perkins
Acropolis Realty Group LLC
Buyer's Agent
Ross Ireland
Duke Properties LLC
List Price
$169,900
Sold Price
$176,000
Premium/Discount to List
$6,100
3.59%
Views
27
Current Estimated Value
$201,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,535
Avg. Annual Appreciation
6.69%
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
Donahue Ireland Llc $176,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $176,000 +3.6% $108 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $169,900 -- $104 / Sq Ft
Source: Central New York Information Services

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 $1,915 $121,800 $22,200 $99,600
2023 $4,602 $121,800 $22,200 $99,600
2022 $4,589 $121,800 $22,200 $99,600
2021 $4,658 $121,800 $22,200 $99,600
2020 $4,231 $105,000 $18,400 $86,600
2019 $928 $84,000 $18,400 $65,600
2018 $3,901 $84,000 $18,400 $65,600
2017 -- $84,000 $18,400 $65,600
2016 $3,502 $84,000 $18,400 $65,600
2015 -- $84,000 $18,400 $65,600
2014 -- $84,000 $18,400 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1481223

Central New York Information Services

APN: 314001-005-000-0006-025-000-0000