$50,000
SOLD AUG 16, 2021

416 Black River Blvd N Rome, NY 13440

-- Bed
-- Bath
1,714 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

23% Below List Price

372 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Heating System Uses Gas
  • Forced Air Cooling System

About This Home

As of August 2024

Looking to get into the investing game? Or are you a seasoned vet, looking to update your portfolio? Either way, this property is for you! A nicely kept 2 family that is conveniently located close to shopping, parks, public transportation and local businesses. This home also has a large L shaped lot with MORE than ample parking for tenants!

Last Agent to Sell the Property

Corinne Rothdiener

Listing by Miner Realty & Prop Management License #10301220719 Listed on: 01/07/2020

Last Buyer's Agent

Odessa Werchowski

Listing by Miner Realty & Prop Management License #10401337197

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 122 x 59

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 301301-242-051-0002-009-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Rome-Inside-301301
  • Total Assessed Value: 27400
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 122
  • Lot Dimension Front: 59
  • Lot Information: Near Bus Line
  • Lot Number: 9
  • Nearest Cross Street: Thomas
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 227272.73
  • Ratio Close Price By Sq Ft: 29.17
  • Ratio List Price By Acres: 295000.00
  • Ratio List Price By Sq Ft: 37.86
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt
  • School Tax: 911
  • Sub Board Code: Syracuse
  • Tax Information: Taxes include Special Assessments
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9583
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Directly located on Black River Blvd
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1714

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.2200

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected

Schools

  • School District: Rome

Lot Info

  • Parcel Number: 301301-242-051-0002-009-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3609

MLS Schools

  • School District Name: Rome

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Aug 5, 2024
Sold by
Short Michael and Short Tamara
Bought by
Elevator Properties Inc
Seller's Agent
Robert Casler
Hunt Real Estate ERA Rome
Buyer's Agent
Mikhail Polkhovskiy
Home Pro Realty
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.28%
Original Mortgage
$304,450
Outstanding Balance
$52,182
Interest Rate
6.78%
Mortgage Type
Commercial
Estimated Equity
$22,485
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 Type Sale Price Title Company
Warranty Deed $65,000 Misc Company
Warranty Deed $65,000 Misc Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,450 Commercial
Previous Owner $304,450 Commercial
Previous Owner $20,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $44,230 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $99,900 +53.7% $58 / Sq Ft
08/22/2024 08/22/24 Sold $65,000 -13.2% $38 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $74,900 -6.3% $44 / Sq Ft
05/21/2024 05/21/24 For Sale $79,900 +59.8% $47 / Sq Ft
08/16/2021 08/16/21 Sold $50,000 -23.0% $29 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $64,900 +29.8% $38 / Sq Ft
06/08/2020 06/08/20 Off Market $50,000 -- --
02/12/2020 02/12/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $64,900 -- $38 / 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 $1,259 $27,400 $12,200 $15,200
2023 $775 $27,400 $12,200 $15,200
2022 $1,240 $27,400 $12,200 $15,200
2021 $1,201 $27,400 $12,200 $15,200
2020 $1,189 $27,400 $12,200 $15,200
2019 $273 $27,400 $12,200 $15,200
2018 $1,123 $27,400 $12,200 $15,200
2017 $1,097 $27,400 $12,200 $15,200
2016 $3,177 $27,400 $12,200 $15,200
2015 -- $27,400 $12,200 $15,200
2014 -- $27,400 $12,200 $15,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1245018

Central New York Information Services

APN: 242-051-0002-009-000-0000