NOT LISTED FOR SALE

388 Main St Andes, NY 13731

Estimated Value: $154,000 - $228,997

4 Beds
2 Baths
1,340 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $90,000 $67 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,250/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Ceiling Fan
  • Porch

About This Home

As of May 2015

Charming two family home that can PAY YOUR MORTGAGE! Live in one side and rent out the other side to help pay your mortgage. All this located in the midst of all the downtown Andes hub-bub. Just down the road from the Historic Andes Hotel sits this charmer just perfect for the investor or first time home owner. If you are a city dweller looking for a get away to the country, you don't even need a car the Trailways Bus from Port Authority stops just a short distance from this 4 bedroom 2 bath multi family. The second floor has been renovated and there are hardwood floors throughout. There is a relaxing stream behind the house plus a covered porch in front and a covered metal porch out back. Come see all that this home and Andes has to offer.

Last Agent to Sell the Property

Joanne Callahan

Listing by Callahan Catskill Real Estate License #10311205487 Listed on: 03/10/2015

Last Buyer's Agent

Joanne Callahan

Listing by Callahan Catskill Real Estate License #10311205487 Listed on: 03/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1930

Lot Details

  • 10,128

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Porch
  • 10,128 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 259.7-3-12.1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$936

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Andes-122000
  • Total Assessed Value: 130600
  • Construction: Frame
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 387096.77
  • Ratio Close Price By Sq Ft: 67.16
  • Ratio List Price By Acres: 408602.15
  • Ratio List Price By Sq Ft: 70.90
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Metal, Shingles
  • School Tax: 936
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 10128
  • Age of Building: 93
  • Year Built: 1930
  • Directions To Property: From Andes take Main Street/State Highway 28 going East to the property. Look for sign.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: Porch - Open
  • Basement Description: Crawl Space
  • Floor Description: Vinyl-Some, Wood-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1340

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.2325

Utilities

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

Lot Info

  • Parcel Number: 259.7-3-12.1

Tax Info

  • Total Taxes: 936

MLS Schools

  • School District Name: Andes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
May 29, 2015
Sold by
Heitel Sally
Bought by
Krueger Shelagh B
Seller's Agent
Joanne Callahan
Callahan Catskill Real Estate
Buyer's Agent
Joanne Callahan
Callahan Catskill Real Estate
List Price
$98,300
Sold Price
$90,000
Premium/Discount to List
-$8,300
-8.44%
Current Estimated Value
$197,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,999
Avg. Annual Appreciation
7.67%
Original Mortgage
$67,500
Outstanding Balance
$50,753
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,246
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Krueger Shelagh B $90,000 Michael West
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krueger Shelagh B $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $90,000 -8.4% $67 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $98,300 -- $73 / Sq Ft
Source: Otsego-Delaware Board of REALTORS®

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 $2,661 $161,300 $8,000 $153,300
2023 $2,547 $161,300 $8,000 $153,300
2022 $2,400 $161,300 $8,000 $153,300
2021 $2,335 $134,400 $7,700 $126,700
2020 $2,282 $128,000 $7,700 $120,300
2019 $2,238 $128,000 $7,700 $120,300
2018 $2,238 $128,000 $7,700 $120,300
2017 $2,221 $128,000 $7,700 $120,300
2016 $2,424 $128,000 $7,700 $120,300
2015 -- $128,000 $7,700 $120,300
2014 -- $128,000 $7,700 $120,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD98665

Otsego-Delaware Board of REALTORS®

APN: 122000-259-007-0003-012-100