NOT LISTED FOR SALE

4 Mechanic St Phoenix, NY 13135

Estimated Value: $85,000 - $138,453

4 Beds
2 Baths
1,584 Sq Ft
$65/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $55,000 $35 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $790/month

8 Days on Market

Highlights

  • Forced Air Cooling System
  • Wall to Wall Carpet
  • 3-minute walk to Henley Park
  • Property is near a bus stop

About This Home

As of September 2021

This is the least expensive multifamily property in the village. Incredible value. Please note that there is on street parking only. Each unit has two bedrooms and the tenants pay for their own heat and electric.

Last Agent to Sell the Property

John Adolfi

Listing by Adolfi Real Estate, Inc. License #10311200327 Listed on: 03/22/2021

Last Buyer's Agent

John Adolfi

Listing by Adolfi Real Estate, Inc. License #10311200327 Listed on: 03/22/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 2,838 Sq Ft Lot
  • Lot Dimensions are 66 x 43

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Location

  • Property is near a bus stop

Schools

  • Michael A Maroun Elementary School
  • Emerson J Dillon Middle School
  • John C Birdlebough High School

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, water
  • Tax Lot 29
  • Assessor Parcel Number 355401-314-005-0002-029-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $5,475
  • Gross Income $14,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Annual Operating Expenses: 5475
  • NY Swis Code: Phoenix-Village-355401
  • Total Assessed Value: 52000
  • Foundation Description: Stone
  • Gross Annual Income: 14700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 66
  • Lot Dimension Front: 43
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 29
  • Nearest Cross Street: Main St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 843558.28
  • Ratio Close Price By Sq Ft: 34.72
  • Ratio List Price By Acres: 996932.52
  • Ratio List Price By Sq Ft: 41.04
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Water
  • Roof Description: Asphalt
  • School Tax: 1793
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Phoenix-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 2838
  • Age of Building: 104
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 1584
  • Directions To Property: Take Main Street north into Phoenix, go left on Mechanic Street to 4 Mechanic Street
  • Sq Ft Total Pub: 1584
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1918

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1584

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0652

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Street

Utilities

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

Schools

  • School District: Phoenix
  • Elementary School: Michael A Maroun Elementary
  • Middle School: Emerson J Dillon Middle
  • High School: John C Birdlebough High

Lot Info

  • Parcel Number: 355401-314-005-0002-029-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3282

MLS Schools

  • Elementary School Name: Michael A Maroun Elementary
  • High School Name: John C Birdlebough High
  • Middle School Name: Emerson J Dillon Middle
  • School District Name: Phoenix

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Veilleux Andrew and Veilleux Jennifer
Bought by
Race Nicole and Race Jason
Total Days on Market
8
Current Estimated Value
$102,613

Purchase Details

Listed on
Oct 30, 2013
Closed on
May 22, 2014
Sold by
Nolan Gerald D and Nolan Deborah A
Bought by
Veilleux Jennifer and Veilleux Andrew
Seller's Agent
John Adolfi
Adolfi Real Estate, Inc.
Buyer's Agent
John Adolfi
Adolfi Real Estate, Inc.
List Price
$52,000
Sold Price
$48,000
Premium/Discount to List
-$4,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Apr 1, 2002
Sold by
Nolan Gerald
Bought by
Nolan Gerald

Purchase Details

Closed on
Dec 31, 1998
Sold by
Mastroleo Frank I
Bought by
Nolan Gerald D
Source: Public Records

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Range of Values:

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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
Race Nicole $55,000 Vanguard Research & Ttl Svcs
Veilleux Jennifer $48,000 Vanguard Research & Title
Nolan Gerald -- Richard H Jarvis
Nolan Gerald D $25,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $55,000 -15.4% $35 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $65,000 +35.4% $41 / Sq Ft
06/06/2014 06/06/14 Sold $48,000 -7.7% $30 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
10/30/2013 10/30/13 For Sale $52,000 -- $33 / 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 $2,590 $52,000 $5,200 $46,800
2023 $2,590 $52,000 $5,200 $46,800
2022 $2,449 $52,000 $5,200 $46,800
2021 $3,185 $52,000 $5,200 $46,800
2020 $3,299 $52,000 $5,200 $46,800
2019 $3,265 $52,000 $5,200 $46,800
2018 $3,265 $52,000 $5,200 $46,800
2017 $2,462 $52,000 $5,200 $46,800
2016 $3,186 $52,000 $5,200 $46,800
2015 -- $52,000 $5,200 $46,800
2014 -- $52,000 $5,200 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1324272

Central New York Information Services

APN: 355401-314-005-0002-029-000-0000