NOT LISTED FOR SALE

5 Bridge St Plattsburgh, NY 12901

Estimated Value: $543,101

Studio
-- Bath
9,723 Sq Ft
$56/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $365,000 $38 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,355/month

Highlights

  • Corner Lot
  • Many Trees
  • Wood Siding
  • Baseboard Heating

About This Home

As of December 2020

Landmark downtown investment property with good rental history. Building consists of retail at street level (currently leased by the Green Room) and 6 apartments upstairs. There is an unfinished apartment that could be fixed up and brought online for more rental income. Green Room occupies approximately 4,141sf.

Last Agent to Sell the Property

Neil Fesette

Fesette Realty, LLC License #49FE1015883 Listed on: 06/26/2018

Last Buyer's Agent

Neil Fesette

Fesette Realty, LLC License #49FE1015883 Listed on: 06/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,625

Year Built

  • Built in 1890

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 78x58
  • Corner Lot
  • Many Trees

Parking

  • No Garage

Home Design

  • Rolled or Hot Mop Roof
  • Wood Siding
  • Masonite
  • Stucco

Interior Spaces

  • 9,723 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Internet Available

Community Details

  • Gross Income $82,000
  • Net Operating Income $50,000

Listing and Financial Details

  • Assessor Parcel Number 207.74-1-14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,625

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Lot Size: 78x58
  • Road Frontage Type: Public
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Downtown Plattsburgh, corner of Margaret and Bridge
  • Structure Type: Up & Down
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full
  • Interior Amenities: Apartment
  • Full Basement: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • Lot Features: Corner Lot, Many Trees
  • View: Commercial
  • Waterfront: No
  • Construction Type: Masonite, Stucco, Wood Siding
  • Roof: Rolled/Hot Mop
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Plattsburgh

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 207.74-1-14
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 82000.0
  • Property Net Operating Income: 50000.0
  • Number Of Units Leased: 6

Tax Info

  • Tax Annual Amount: 12625.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Dec 22, 2020
Sold by
Larkin Realties Inc
Bought by
5 Bridge Street Llc
Seller's Agent
Neil Fesette
Fesette Realty, LLC
Buyer's Agent
Neil Fesette
Fesette Realty, LLC
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$543,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,101
Avg. Annual Appreciation
8.10%
Original Mortgage
$265,000
Outstanding Balance
$235,929
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$305,929
Source: Public Records
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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
5 Bridge Street Llc $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Bridge Street Llc $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $365,000 -- --
12/22/2020 12/22/20 Sold $365,000 -2.7% $38 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $375,000 -- $39 / Sq Ft
Source: Adirondack-Champlain Valley 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 $21,175 $365,000 $22,000 $343,000
2023 $11,512 $365,000 $22,000 $343,000
2022 $19,426 $290,000 $22,000 $268,000
2021 $19,729 $290,000 $22,000 $268,000
2020 $12,883 $290,000 $22,000 $268,000
2019 $6,133 $290,000 $22,000 $268,000
2018 $12,902 $290,000 $25,600 $264,400
2017 $6,079 $290,000 $25,600 $264,400
2016 $12,403 $290,000 $25,600 $264,400
2015 -- $290,000 $25,600 $264,400
2014 -- $290,000 $25,600 $264,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 163556

APN: 091300-207-074-0001-014-000-0000