NOT LISTED FOR SALE

38 Sherman St Hornell, NY 14843

Estimated Value: $52,000 - $91,000

9 Beds
3 Baths
2,040 Sq Ft
$36/Sq Ft Est. Value

Last Sold January 25, 2018

Last sale price $41,000 $20 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $535/month

26 Days on Market

About This Home

As of January 2018

Looking for income property? Live on one floor, and rent out another to pay your mortgage while you complete the third. Three Unit apartment in good shape ready to go. Apartment 3 (2nd FL) and Basement apartment (#1) have current C of O's. Patio off of basement apartment, porches off the other two. Apartment 2 (1st FL) needs complete renovation--demo has started. Super high ceilings in this apartment - it could be a real beauty. Laundry hook-ups in #1. All appliances can stay with the right offer. Each apartment had a rent of $350-$450. This property is being sold with 36 Sherman--36' x 66' lot. Great spot for a playground, driveway, or 1-car garage. Property being sold AS-IS.

Last Agent to Sell the Property

Amy Mikolajczyk

Listing by Real Inc. License #10401304457 Listed on: 08/24/2017

Real Inc.

Last Buyer's Agent

Jessica Mullen

Listing by Howard Hanna Referrals License #10401299730

Howard Hanna Referrals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1870

Lot Details

  • 6,089 Sq Ft Lot
  • Lot Dimensions are 123 x 49

Parking

  • On-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 35
  • Assessor Parcel Number 460600-166-006-0001-035-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,851

Year Built

Built in 1870

Lot Details

0

Listing Details

  • NY Swis Code: Hornell-City-460600
  • Total Assessed Value: 47000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 123
  • Lot Dimension Front: 49
  • Lot Information: Neighborhood Street
  • Lot Number: 35
  • Nearest Cross Street: Hill Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 293276.11
  • Ratio Close Price By Sq Ft: 20.10
  • Ratio List Price By Acres: 342632.33
  • Ratio List Price By Sq Ft: 23.48
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 868
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6089
  • Age of Building: 152
  • Year Built: 1870
  • Directions To Property: from Hornell-onto Cass Street, Left onto Hill Street, right onto Sherman, house on Left. from Canisteo-route 36S, Left onto Park Dr, right onto Canisteo, Canisteo becomes Franklin, Left onto Hill, Right onto Sherman, house on left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkout
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable, Oven/Range Freestanding- Some, Refrigerator
  • Total Sq Ft: 2040

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1398

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Street

Utilities

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

Schools

  • School District: Hornell

Lot Info

  • Parcel Number: 460600-166-006-0001-035-000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1851

MLS Schools

  • School District Name: Hornell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2022
Sold by
Bradley Isaac J
Bought by
Kubiak Robert and Kubiak Bridi
Current Estimated Value
$74,136

Purchase Details

Closed on
Nov 20, 2017
Sold by
Giles Marian M
Bought by
127 Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
3.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Kubiak Robert $1,500 None Available
127 Homes Llc $41,000 --
127 Homes Llc $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 127 Homes Llc $55,200
Previous Owner 127 Homes Llc $55,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2018 01/25/18 Sold $41,000 -14.4% $20 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $47,900 -- $23 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $1,568 $42,000 $15,800 $26,200
2023 $1,003 $42,000 $15,800 $26,200
2022 $1,030 $42,000 $15,800 $26,200
2021 $1,028 $42,000 $15,800 $26,200
2020 $1,116 $42,000 $15,800 $26,200
2019 $840 $47,000 $11,600 $35,400
2018 $1,810 $47,000 $11,600 $35,400
2017 $1,238 $47,000 $11,600 $35,400
2016 $1,298 $47,000 $11,600 $35,400
2015 -- $47,000 $11,600 $35,400
2014 -- $47,000 $11,600 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1071535

Upstate New York Real Estate Information Services (UNYREIS)

APN: 460600-166-006-0001-035-000