NOT LISTED FOR SALE

40 Terra Cotta Ave Glens Falls, NY 12801

Estimated Value: $218,000 - $292,000

4 Beds
2 Baths
1,659 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $246,500 $149 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,830/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Corner Lot
  • Enclosed Glass Porch
  • Bathroom on Main Level

About This Home

As of May 2023

Dont miss out on the opportunity to own this 2 family home. Move in ready 1st floor apartment offer 2 bedrooms, living room, dining room, tiled kitchen, washer dryer hook up, bathroom and an enclosed 3 season porch. Upstairs is apartment 2 and has an excellent long term tenant who takes great care of her home. Enclosed stairwell and back porch, eat in kitchen, laundry room, living room, 2 bedrooms and bath.
This home has been meticulously maintained and updated. Recently replaced furnaces and 2 hot water heaters. Nothing for the new buyer to do. Conveniently located next to the bike trail and walking distance to town, Extra large parking lot.

Last Agent to Sell the Property

Michelle Jones

Coldwell Banker Prime Properties License #40JO0797696 Listed on: 03/17/2023

Coldwell Banker Prime Properties

Last Buyer's Agent

Mary Arnold

Field Realty License #10401280410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132 x 128 x 101 x 42
  • Corner Lot

Home Design

  • Duplex
  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,659 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 6 Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Glass Porch

Schools

  • Glens Falls High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for trash collection, hot water, heat, internet, cable TV, electricity, gas
  • The owner pays for snow removal, water
  • Legal Lot and Block 29.000 / 7
  • Assessor Parcel Number 520500 302.12-7-29

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,700

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Directions: Bay St to Terra Cotta. All the way to the end of street on left side. Look for sign
  • Above Grade Finished Sq Ft: 1659.0
  • Financial Details Full Market Assessment: 166300
  • Financial Details General Taxes: 2102.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2598.0
  • School Taxes Description: Actual
  • Financial Details Tax Assessed Value: 163300.0
  • Lot Size Acres: 0.2
  • Lot Size: 132 x 128 x 101 x 42
  • New Construction: No
  • Parking Features Parking Total: 6.0
  • Sale Detail Buyer Zip Code: 12814
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Water Sewer Expense Description: Estimated
  • Rental Income: 23600.0
  • Rental Income Description: Yearly
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Vinyl: Yes
  • Foundation Details:Block2: Yes
  • Levels Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Carpet, Ceramic Tile, Hardwood
  • Basement: Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1659.0
  • Window Features: Insulated Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Snow Removal, Water
  • Basement:Exterior Entry: Yes
  • Attic Features:Hatch: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Metal
  • Construction Type: Wood Siding
  • Fencing: None
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Enclosed
  • View: None
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:None37: Yes
  • Window Features:Insulated Windows: Yes
  • Patio And Porch Features:Enclosed: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes

Utilities

  • Utilities: Cable Available, Cable Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Water Source: Public
  • Cooling Y N: No
  • 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 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:Walk-In Closet(s)5: Yes

Fee Information

  • Annual Water Sewer Expense: 790.0

Schools

  • Junior High Dist: Glens Falls

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 520500 302.12-7-29
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4700.0
  • Tax Block: 7
  • Tax Lot: 29.000
  • Tax Tract: 302.12

MLS Schools

  • HighSchool: Glens Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 28, 2023
Sold by
Schmidt Robert R
Bought by
Empire Property 1 Llc
Seller's Agent
Michelle Jones
Coldwell Banker Prime Properties
Buyer's Agent
Mary Arnold
Field Realty
List Price
$229,000
Sold Price
$246,500
Premium/Discount to List
$17,500
7.64%
Views
42
Current Estimated Value
$256,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,742
Avg. Annual Appreciation
1.69%
Original Mortgage
$172,550
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 5, 2023
Sold by
Deppe Rita and Deppe Alan
Bought by
Schmidt Robert R
Seller's Agent
Michelle Jones
Coldwell Banker Prime Properties
Buyer's Agent
Mary Arnold
Field Realty
List Price
$229,000
Sold Price
$246,500
Premium/Discount to List
$17,500
7.64%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,550
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2003
Sold by
Wm L Robert R W Green
Bought by
Deppe Alan and Deppe Rita
Source: Public Records

Range of Values:

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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
Empire Property 1 Llc -- None Available
Schmidt Robert R $246,500 None Available
Deppe Alan $73,000 Jane R Reid
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Robert R $172,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $246,500 +7.6% $149 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $229,000 -- $138 / 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 $5,194 $182,900 $40,600 $142,300
2023 $4,761 $166,300 $40,600 $125,700
2022 $4,167 $166,300 $40,600 $125,700
2021 $3,504 $79,200 $23,300 $55,900
2020 $3,486 $79,200 $23,300 $55,900
2019 $1,877 $79,200 $23,300 $55,900
2018 $1,877 $79,200 $23,300 $55,900
2017 $1,854 $79,200 $23,300 $55,900
2016 $3,305 $79,200 $23,300 $55,900
2015 -- $79,200 $23,300 $55,900
2014 -- $79,200 $23,300 $55,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202313393

Global MLS

APN: 520500-302-012-0007-029-000-0000