NOT LISTED FOR SALE

38 Prospect St Glens Falls, NY 12801

Estimated Value: $214,000 - $306,359

4 Beds
2 Baths
2,378 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $153,000 $64 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,733/month

7 Days on Market

Highlights

  • Barn
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2021

Investment opportunity! This large two family home located close to downtown Glens Falls, and the bike trail on a large lot within the city has loads of potential and original character. Features include, vinyl siding, some newer windows, newer gas furnaces and some updated electrical.

Last Agent to Sell the Property

Travis Scarincio

Hunt ERA License #10401304815 Listed on: 06/04/2021

Hunt ERA

Last Buyer's Agent

Angela Aragon

Trevett Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1884

Lot Details

  • 10,454

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2,378 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 10,454 Sq Ft Lot
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 14
  • Assessor Parcel Number 520500 303.17-14-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,691

Year Built

Built in 1884

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Single Residence
  • Year Built: 1884
  • Directions: Dix Ave to Prospect St
  • Above Grade Finished Sq Ft: 2378.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size Acres: 0.24
  • Lot Size: 0.24
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Possession Possession Legacy: At Closing
  • Sale Detail Seller Contribution: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number of Separate Water Meters: 1
  • Electric Expense Description: Tenant
  • Water Sewer Expense Description: See Remarks
  • Rental Income Description: Estimated
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Other
  • Total Bedrooms: 4
  • Living Area: 2378.0
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s)
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Glens Falls

Lot Info

  • Parcel #: 520500 303.17-14-5
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3691.0
  • Tax Block: 14
  • Tax Lot: 5
  • Tax Tract: 303.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 27, 2021
Sold by
Crannell Jacki A and Parnapy John A
Bought by
Lockwood Gregory S
Seller's Agent
Travis Scarincio
Hunt ERA
Buyer's Agent
Angela Aragon
Trevett Group
List Price
$159,000
Sold Price
$153,000
Premium/Discount to List
-$6,000
-3.77%
Current Estimated Value
$241,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,590
Avg. Annual Appreciation
12.70%
Original Mortgage
$114,750
Outstanding Balance
$104,641
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,929

Purchase Details

Closed on
Mar 24, 2005
Sold by
Parnapy Gladys
Bought by
Crannell Jacki
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
Lockwood Gregory S $153,000 None Available
Crannell Jacki -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockwood Gregory S $114,750
Previous Owner Crannell Jacki A $132,275
Previous Owner Crannell Jacki A $90,568
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $153,000 -3.8% $64 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $159,000 -- $67 / Sq Ft
Source: Global 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 $5,342 $209,200 $45,000 $164,200
2023 $4,851 $190,200 $45,000 $145,200
2022 $4,291 $190,200 $45,000 $145,200
2021 $3,086 $85,000 $16,900 $68,100
2020 $3,753 $85,000 $16,900 $68,100
2019 $1,150 $85,000 $16,900 $68,100
2018 $1,150 $85,000 $16,900 $68,100
2017 $1,128 $85,000 $16,900 $68,100
2016 $3,676 $85,000 $16,900 $68,100
2015 -- $85,000 $16,900 $68,100
2014 -- $85,000 $16,900 $68,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202120118

Global MLS

APN: 520500-303-017-0014-005-000-0000