NOT LISTED FOR SALE

389 Main St Phoenix, NY 13135

Estimated Value: $163,000 - $225,000

4 Beds
2 Baths
1,834 Sq Ft
$106/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $125,000 $68 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,372/month

9 Days on Market

Highlights

  • Deck
  • Property is near bus stop
  • Baseboard Heating
  • Forced Air Cooling System
  • Ceiling Fan
  • Wall to Wall Carpet

About This Home

As of August 2020

2 FAMILY HOUSE....BOTTOM UNIT HAS 3 BEDROOMS WITH ACCESS TO THE BASEMENT. ALL FRESHLY PAINTED WITH NEW CARPET AND FLOORING THROUGHOUT. OPEN CONCEPT WITH KITCHEN AND LIVING ROOM. 1 BEDROOM UPSTAIRS WITH FRESH PAINT, ALL NEW FLOORING, BATHROOM AND WINDOWS...
DECK ON THE BACKSIDE LOOKING INTO LARGE BACKYARD..OFF STREET PARKING FOR BOTH UNITS.. GREAT OPPORTUNITY TO OWN A HOME AND HAVE PART OF THE MORTGAGE PAID FOR WITH THE RENT FROM THE OTHER HALF....

Last Agent to Sell the Property

Laurie Butler

Listing by TJMG Properties, LLC License #10401239901 Listed on: 05/30/2020

Last Buyer's Agent

Natalie Martin

Listing by Berkshire Hathaway CNY Realty License #10301213159

Berkshire Hathaway CNY Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 1860

Lot Details

  • 6,188 Sq Ft Lot
  • Lot Dimensions are 123 x 50

Parking

  • Stone Driveway

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wall to Wall Carpet
  • Laminate

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Additional Features

  • Deck
  • Property is near bus stop

Listing and Financial Details

  • Rent includes water
  • Tax Lot 17
  • Assessor Parcel Number 355401-314-005-0002-017-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,806

Year Built

Built in 1860

Lot Details

6,188 Sq Ft Lot

Listing Details

  • NY Swis Code: Phoenix-Village-355401
  • Total Assessed Value: 92000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 123
  • Lot Dimension Front: 50
  • Lot Information: Near Bus Line
  • Lot Number: 17
  • Nearest Cross Street: Chestnut
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 880281.69
  • Ratio Close Price By Sq Ft: 68.16
  • Ratio List Price By Acres: 858450.70
  • Ratio List Price By Sq Ft: 66.47
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 2418
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Phoenix-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 6188
  • Age of Building: 162
  • Year Built: 1860
  • Directions To Property: RT 57 TURNS INTO MAIN STREET IN PHOENIX OR LAMSON RD TO RIGHT ON MAIN STREET
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Additional Interior Features: Ceiling Fan
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1834

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck
  • Number of Acres: 0.1420

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Lot Info

  • Parcel Number: 355401-314-005-0002-017-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4806

MLS Schools

  • School District Name: Phoenix

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Aug 20, 2020
Sold by
Butler Laurie J
Bought by
Ashkar Luay
Seller's Agent
Laurie Butler
TJMG Properties, LLC
Buyer's Agent
Natalie Martin
Berkshire Hathaway CNY Realty
List Price
$121,900
Sold Price
$125,000
Premium/Discount to List
$3,100
2.54%
Current Estimated Value
$194,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,742
Avg. Annual Appreciation
8.30%
Original Mortgage
$122,735
Outstanding Balance
$108,672
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$86,070

Purchase Details

Closed on
Jan 17, 2003
Sold by
Federal Home Loan Mortgag E Corporation
Bought by
Butler Laurie

Purchase Details

Closed on
Jul 11, 2002
Sold by
Salvagni Kevin
Bought by
Federal Home Loan Mtg Corp
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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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
Ashkar Luay -- None Available
Butler Laurie $55,800 Laurie C Oliver
Federal Home Loan Mtg Corp $48,000 Steven Baum
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashkar Luay $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $125,000 +2.5% $68 / Sq Ft
05/30/2020 05/30/20 For Sale $121,900 -- $66 / Sq Ft
Source: Central New York Information Services

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 $4,310 $86,000 $10,000 $76,000
2023 $4,283 $86,000 $10,000 $76,000
2022 $4,050 $86,000 $10,000 $76,000
2021 $5,020 $86,000 $10,000 $76,000
2020 $4,694 $69,000 $10,000 $59,000
2019 $4,852 $69,000 $10,000 $59,000
2018 $4,852 $69,000 $10,000 $59,000
2017 $3,267 $69,000 $10,000 $59,000
2016 $4,877 $69,000 $10,000 $59,000
2015 -- $69,000 $10,000 $59,000
2014 -- $69,000 $10,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1267622

Central New York Information Services

APN: 355401-314-005-0002-017-000-0000

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