NOT LISTED FOR SALE

40 Elsmere Ave Delmar, NY 12054

Estimated Value: $434,000 - $501,000

5 Beds
2 Baths
2,956 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $359,900 $122 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,175/month

Highlights

  • Barn
  • Full Attic
  • 2 Car Detached Garage
  • 0.91 Acre Lot
  • No HOA
  • Porch

About This Home

As of August 2021

Unique opportunity to live minutes from the Four Corners in Delmar while enjoying the benefits of rental income. Situated on an amazing, near-1 acre lot, this gorgeous 2-family in Old Delmar has been owner-occupied on the 1st floor and immediately available, with the upstairs having a $1,450/m lease in place through 8/15/22. Boasting nearly 3,000 SF with 2/3 BR/1 bath on 1st floor and 2 BR/1 bath on 2nd level, this spacious home has a new roof (’21), updated 1st fl unit (’21), updated 2nd fl apt (’16), vinyl siding, newer insulated windows, 2-car detached garage/barn, full-house generator, large rooms, 200 amp electric, laundry hookups with washer & dryer in both, wrap-around front sitting porch, and a large, level back yard with potential to subdivide. Don’t miss this one. Excellent Condition

Last Agent to Sell the Property

Gary Pollard

Gabler Realty, LLC License #10301209060 Listed on: 07/20/2021

Gabler Realty, LLC

Last Buyer's Agent

Gary Pollard

Gabler Realty, LLC License #10301209060 Listed on: 07/20/2021

Gabler Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,669

Year Built

  • Built in 1890

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 116.5x340
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,956 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Full Attic

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

  • Elsmere Elementary School
  • Bethlehem Central High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Radiant Heating System

Additional Features

  • Porch
  • Barn

Community Details

  • No Home Owners Association
  • Insurance Expense $1,200

Listing and Financial Details

  • Tenant pays for internet, cable TV
  • The owner pays for snow removal, gas
  • Legal Lot and Block 26 / 7
  • Assessor Parcel Number 012200 86.09-7-26

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,669

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Single Residence
  • Year Built: 1890
  • Directions: Delaware Ave. In Delmar to Elsmere Ave., House on the left before Kenwood Ave.
  • Above Grade Finished Sq Ft: 2956.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details Full Market Assessment: 289474
  • Financial Details General Taxes: 2386.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 6283.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.91
  • Lot Size: 116.5x340
  • New Construction: No
  • Parking Features Parking Total: 10.0
  • Possession Possession Legacy: Vacant
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number of Separate Water Meters: 1
  • Income And Expenses Fuel Expense: 5400.0
  • Insurance Expense Description: Estimate
  • Income And Expenses Maintenance Expense: 1920.0
  • Income And Expenses Miscellaneous Expense: 500.0
  • Miscellaneous Expense Description: Estimate
  • Rental Income Description: Estimated
  • Income: 38400.0
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Laundry Features:Upper Level: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:In Basement: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Carpet, Ceramic Tile, Laminate, Linoleum
  • Basement: Bilco Doors, Exterior Entry, Full, Interior Entry
  • Total Bedrooms: 5
  • Living Area: 2956.0
  • Window Features: Insulated Windows
  • Owner Pays: Snow Removal, Gas
  • Full Basement: Yes
  • Attic Features:Storage2: Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Interior Entry: Yes
  • Basement:Bilco Doors: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s)
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Garden2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Workshop in Garage, Stone, Storage, Detached, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 10.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Stone2: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:Storage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Radiant, Oil
  • Laundry Features: In Basement, Laundry Room, Upper Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Oil2: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Ceramic Tile2: Yes
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 1 Amenities:Walk-In Closet(s)4: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Walk-In Closet(s)5: Yes
  • Unit 1 Amenities:Crown Molding2: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes
  • Unit 1 Amenities:Country Kitchen3: Yes
  • Unit 1 Amenities:Bay Window(s)2: Yes

Schools

  • Junior High Dist: Bethlehem

Lot Info

  • Lot Features: Level, Landscaped, Cleared, Garden
  • Parcel #: 012200 86.09-7-26
  • Lot Size Sq Ft: 39639.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Internet, Cable TV

Multi Family

  • Insurance Expense: 1200.0
  • Maintenance Expense: 1920.0

Tax Info

  • Tax Annual Amount: 8669.0
  • Tax Block: 7
  • Tax Lot: 26

MLS Schools

  • Elementary School: Elsmere
  • HighSchool: Bethlehem Central

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Sep 9, 2016
Sold by
Geurtze Donald W
Bought by
Bensen Allastair J and Bensen Ruth I
Seller's Agent
Judith Gabler
Howard Hanna Capital, Inc.
Buyer's Agent
Gary Pollard
Howard Hanna Capital, Inc.
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Current Estimated Value
$461,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,394
Avg. Annual Appreciation
5.76%
Original Mortgage
$269,432
Outstanding Balance
$215,212
Interest Rate
3.43%
Estimated Equity
$246,182
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bensen Allastair J $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bensen Allastair J $269,432
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2021 08/19/21 Sold $359,900 0.0% $122 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $359,900 +30.9% $122 / Sq Ft
09/12/2016 09/12/16 Sold $275,000 -1.8% $105 / Sq Ft View Prior Sale
07/19/2016 07/19/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $279,900 0.0% $106 / Sq Ft
02/08/2016 02/08/16 Rented $1,250 -10.4% --
01/22/2016 01/22/16 For Rent $1,395 -- --
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 $9,072 $275,000 $87,200 $187,800
2023 $8,828 $275,000 $87,200 $187,800
2022 $8,638 $275,000 $87,200 $187,800
2021 $8,698 $275,000 $87,200 $187,800
2020 $9,231 $275,000 $87,200 $187,800
2019 $7,486 $275,000 $87,200 $187,800
2018 $8,507 $275,000 $87,200 $187,800
2017 $6,049 $275,000 $87,200 $187,800
2015 -- $310,000 $87,200 $222,800
2014 -- $310,000 $87,200 $222,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202124054

Global MLS

APN: 012200-086-009-0007-026-000-0000