NOT LISTED FOR SALE

409 N James St Rome, NY 13440

Estimated Value: $150,986

Studio
-- Bath
5,175 Sq Ft
$29/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2022

Last sale price $115,000 $22 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $968 / mo

258 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Baseboard Heating
  • Woodwork
  • Ceiling Fan
  • 2-minute walk to Fort Stanwix Park

About This Home

As of June 2022

Looking for your first investment or add to your current portfolio? Maybe you're looking to start your own business? 409 N James St has over 5000 sq ft three fully rented apartments, a store front with plenty of space 2 half bath, all separate utilities partially fenced back yard! Close to local eateries, parks, banks, schools, pretty much everything you need is just minutes away! Don't let this opportunity pass you by!

Last Agent to Sell the Property

Lou DeMichele

Listing by eXp Realty License #10301221204 Listed on: 06/21/2021

eXp Realty

Last Buyer's Agent

Lou DeMichele

Listing by eXp Realty License #10301221204 Listed on: 06/21/2021

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 33x138
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Quadruplex
  • Mixed Use
  • Stone Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 5,175 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • George R Staley Upper Elementary School
  • Lyndon H Strough Middle School
  • Rome Free Academy High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 47
  • Assessor Parcel Number 301301-242-042-0002-047-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 5 Separate Gas Meters
  • Operating Expense $3,600
  • Gross Income $21,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Business Type: Mixed
  • Property Sub Type: Mixed Use
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1930
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: W Thomas St to N James St
  • Architectural Style: Fourplex
  • Flooring: Carpet, Laminate, Varies
  • Interior Features: Ceiling Fan(s), Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing Unknown
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Fence
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Electric, Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Rome
  • Ninth Grade High School: Rome Free Academy
  • Middle Or Junior School: Lyndon H Strough Middle

Lot Info

  • Parcel Number: 301301-242-042-0002-047-000-0000
  • Lot Dimensions: 33X138
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 21480.0
  • Annual Operating Expense: 3600.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 6944.0
  • Tax Lot: 47

MLS Schools

  • Elementary School: George R Staley Upper Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jun 7, 2022
Sold by
Wade Aaron
Bought by
Bristow Llc
Seller's Agent
Lou DeMichele
eXp Realty
Buyer's Agent
Lou DeMichele
eXp Realty
List Price
$144,900
Sold Price
$115,000
Premium/Discount to List
-$29,900
-20.63%
Current Estimated Value
$150,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,986
Avg. Annual Appreciation
7.10%
Original Mortgage
$92,000
Outstanding Balance
$86,500
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,486

Purchase Details

Closed on
May 20, 2013
Sold by
Cataldo Linda
Bought by
Wade Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 2012
Sold by
Corsican Investment Group
Bought by
Cataldo Linda

Purchase Details

Closed on
Oct 22, 2008
Sold by
Linda Cataldo
Bought by
Corsican Investment Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,900
Interest Rate
7%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Bristow Llc $115,000 None Available
Wade Aaron $80,000 --
Cataldo Linda $91,068 Charles R Getty Jr
Corsican Investment Group $107,900 James A Gosier
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Bristow Llc $92,000
Previous Owner Wade Aaron $64,000
Previous Owner Corsican Investment Group $82,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $115,000 -4.1% $22 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/22/2022 02/22/22 Price Changed $119,900 -5.6% $23 / Sq Ft
11/26/2021 11/26/21 Price Changed $127,000 -1.6% $25 / Sq Ft
09/09/2021 09/09/21 Price Changed $129,000 -6.5% $25 / Sq Ft
07/18/2021 07/18/21 Price Changed $137,900 -4.8% $27 / Sq Ft
06/21/2021 06/21/21 For Sale $144,900 -- $28 / Sq Ft
Source: Mid New York Regional MLS

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
2025 -- $99,500 $12,200 $87,300
2024 $4,661 $99,500 $12,200 $87,300
2023 $2,815 $99,500 $12,200 $87,300
2022 $4,502 $99,500 $12,200 $87,300
2021 $4,363 $99,500 $12,200 $87,300
2020 $4,319 $99,500 $12,200 $87,300
2019 $993 $99,500 $12,200 $87,300
2018 $4,077 $99,500 $12,200 $87,300
2017 $3,983 $99,500 $12,200 $87,300
2016 $5,639 $99,500 $12,200 $87,300
2015 -- $99,500 $12,200 $87,300
2014 -- $99,500 $12,200 $87,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Mid New York Regional MLS

MLS Number: S1345929

Mid New York Regional MLS

APN: 242-042-0002-047-000-0000

Your Personal Tour Guide

Ask me questions while you tour the home.