NOT LISTED FOR SALE

40 Franklin St Saratoga Springs, NY 12866

Estimated Value: $762,159 - $1,298,000

5 Beds
4 Baths
2,982 Sq Ft
$339/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $479,000 $161 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,850/month

4 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Division Street Elementary School Rated A-
  • No HOA
  • 4-minute walk to West Side Recreation Park

About This Home

As of November 2015

This Lovely Historic Federal Style home has been updated with new mechanicals including new furnaces and air conditioning. New updates also include new kitchens, baths, flooring, lighting, paddle fans, decks and so much more. This home generates both a great monthly and track rental income. If buyer prefers, this home can easily be converted back to a single family 5 bedroom, 4 bath home. The possibilities are endless. This home is 2 blocks from Broadway and a definite must see!! Excellent Condition

Last Agent to Sell the Property

Elizabeth Todd

Roohan Realty License #30TO1025349 Listed on: 09/19/2015

Last Buyer's Agent

Kristine Riley

Riley Realty License #37RI1043851

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1840

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,982 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Insurance Expense $1,000

Listing and Financial Details

  • Legal Lot and Block 03 / 01
  • Assessor Parcel Number 411501 165-01-03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,232

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1840
  • Directions: Broadway to Division to left on Franklin St.
  • Above Grade Finished Sq Ft: 2982.0
  • Financial Details General Taxes: 1901.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3331.0
  • School Taxes Description: Estimated
  • Lot Size: 4792 Sq.Ft.
  • New Construction: No
  • Parking Features Parking Total: 1.0
  • Possession Possession Legacy: Nov.1
  • Sale Detail Seller Contribution: Yes
  • Electric Expense Description: Tenant
  • Insurance Expense Description: Estimate
  • Other Income Description: Actual
  • Rental Income Description: Actual
  • Laundry Features:Main Level: Yes
  • Laundry Features:Upper Level: Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 2982.0
  • Full Basement: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Lot Features:Wooded: Yes
  • Lot Features:Private: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level, Upper Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Built-in Features4: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Built-in Features5: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes
  • Unit 2 Amenities:Ceramic Tile3: Yes
  • Unit 1 Amenities:Gourmet Kitchen3: Yes
  • Unit 2 Amenities:Gourmet Kitchen4: Yes

Schools

  • Junior High Dist: Saratoga Springs

Lot Info

  • Lot Features: Private, Level, Wooded
  • Parcel #: 411501 165-01-03

Multi Family

  • Insurance Expense: 1000.0

Tax Info

  • Tax Annual Amount: 5232.0
  • Tax Block: 01
  • Tax Lot: 03

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

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2015 11/02/15 Sold $479,000 0.0% $161 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $479,000 -- $161 / Sq Ft
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 $7,366 $243,000 $51,300 $191,700
2023 $8,103 $231,000 $51,300 $179,700
2022 $7,426 $231,000 $51,300 $179,700
2021 $7,341 $231,000 $51,300 $179,700
2020 $4,205 $231,000 $51,300 $179,700
2018 $2,586 $231,000 $51,300 $179,700
2017 $2,584 $231,000 $51,300 $179,700
2016 $4,544 $231,000 $51,300 $179,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Elizabeth Todd

    Roohan Realty

  • K

    Buyer's Agent in 2015

    Kristine Riley

    Riley Realty

  • D

    Buyer's Agent in 2015

    Daniel Britten

    Hunt ERA

See All Agents

Map

Source: Global MLS

MLS Number: 201520588

Global MLS

APN: 411501-165-067-0001-003-000-0000

New York Saratoga County Saratoga Springs 12866

40 Franklin St, Saratoga Springs, NY

Not Listed for Sale

MultiFamily

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