NOT LISTED FOR SALE

5 Academy St Cambridge, NY 12816

Estimated Value: $182,000 - $316,000

5 Beds
3 Baths
2,848 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $169,490 $60 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,048/month

9 Days on Market

Highlights

  • Active Adult
  • Baseboard Heating
  • Level Lot
  • No HOA

About This Home

As of August 2016

This 3 unit property has been completely beautifully & thoroughly renovated. There are new windows, siding, water heaters, flooring, plumbing and wiring. Live in the 1400 sq ft, newly painted, first floor apartment and let the 2 upstairs rentals cover the mortgage. This money maker is a great investment with low maintenance and a large yard too!. Excellent Condition

Last Agent to Sell the Property

Dorothy Yurschak

Barkley Real Estate, LLC Listed on: 04/06/2016

Co-Listed By

Penny Spiezio

Barkley Real Estate, LLC

Last Buyer's Agent

Penny Spiezio

Barkley Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 78x212
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Baseboard Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for parking fee, water
  • Legal Lot and Block 40 / 2
  • Assessor Parcel Number 532201 255.19-2-40
  • Seller Concessions Not Offered

Community Details

Overview

  • Active Adult
  • No Home Owners Association

Building Details

  • Insurance Expense $1,479

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,285

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1890
  • Directions: Route 22 or 372 to Cambridge**West Main St to Academy Street #5 0n left
  • Above Grade Finished Sq Ft: 2848.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 1443.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2558.0
  • School Taxes Description: Actual
  • Financial Details Village Taxes: 1284.0
  • Village Taxes Description: Actual
  • Lot Size: 78X212
  • Parking Features Parking Total: 6.0
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: Yes
  • Senior Community YN: No Special Conditions
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Income: 25200.0
  • Income Description: Actual
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Co List Office Mls Id: o2182C
  • Co List Office Phone: 518-692-8263
  • Special Features: None

Interior Features

  • Basement: Full
  • Below Grade Sq Ft: 1496.0
  • Living Area: 2848.0
  • Owner Pays: Parking Fee, Water
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Owner Pays:Parking Fee2: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Cambridge

Lot Info

  • Lot Features: Level
  • Parcel #: 532201 255.19-2-40

Multi Family

  • Insurance Expense: 1479.38
  • Income And Expenses Other Income: A

Tax Info

  • Tax Annual Amount: 5285.0
  • Tax Block: 2
  • Tax Lot: 40
  • Tax Tract: 255.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Aug 12, 2016
Sold by
Caiazza Gerald T
Bought by
Hahn Harvey
Seller's Agent
Dorothy Yurschak
Barkley Real Estate, LLC
Buyer's Agent
Penny Spiezio
Barkley Real Estate, LLC
List Price
$159,900
Sold Price
$169,490
Premium/Discount to List
$9,590
6%
Current Estimated Value
$277,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,932
Avg. Annual Appreciation
5.51%
Original Mortgage
$163,832
Outstanding Balance
$129,740
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$147,682

Purchase Details

Closed on
May 27, 2011
Sold by
Sunmark Federal Credit Union
Bought by
Caiazza Gerald

Purchase Details

Closed on
Apr 1, 2011
Sold by
Ashton Michael
Bought by
Sunmark Federal Credit Union

Purchase Details

Closed on
May 20, 2004
Sold by
Dupuis Alan
Bought by
Ashton Michael
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
Hahn Harvey $169,490 Donald J. Mcphee
Caiazza Gerald $55,000 Jennifer Donirelli
Sunmark Federal Credit Union $69,500 Linda Donovan
Ashton Michael $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hahn Harvey $163,832
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $169,490 +6.0% $60 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $159,900 -- $56 / 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 $6,921 $327,434 $23,214 $304,220
2023 $8,335 $308,900 $21,900 $287,000
2022 $5,596 $154,000 $28,100 $125,900
2021 $5,818 $154,000 $28,100 $125,900
2020 $5,648 $154,000 $28,100 $125,900
2019 $5,536 $154,000 $28,100 $125,900
2018 $5,536 $154,000 $28,100 $125,900
2017 $5,536 $154,000 $28,100 $125,900
2016 $5,386 $154,000 $28,100 $125,900
2015 -- $154,000 $28,100 $125,900
2014 -- $154,000 $28,100 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201606284

Global MLS

APN: 532201-255-019-0002-040-000-0000