NOT LISTED FOR SALE

5 Couch St Plattsburgh, NY 12901

Estimated Value: $201,766

5 Beds
2 Baths
1,951 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $125,000 $64 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,298/month

Highlights

  • Neighborhood Views
  • Baseboard Heating
  • Wood Siding
  • Porch
  • Level Lot

About This Home

As of March 2013

This money maker has 6 students at $2150.00 per student per semester. Always full for $25,800.00 per year with a 13% cap rate.

Last Agent to Sell the Property

Melvin Browndorf

Coldwell Banker Whitbeck Assoc. Plattsburgh License #10301205530 Listed on: 11/15/2012

Last Buyer's Agent

Melvin Browndorf

Coldwell Banker Whitbeck Assoc. Plattsburgh License #10301205530 Listed on: 11/15/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 42x93
  • Level Lot
  • Cleared Lot

Home Design

  • Stone Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,951 Sq Ft Home
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • No Garage

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Gross Income $25,800
  • Net Operating Income $19,471

Listing and Financial Details

  • Assessor Parcel Number 207.19-3-53

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,543

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Lot Size: 42x93
  • Road Frontage Type: Public
  • Water Body Name: None
  • Directions: Cornelia Street west left at North Catherine and left on Couch Street
  • Year Built: 1900
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Window Features: Aluminum Frames
  • Appliances:Electric Oven: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Lot Features: Cleared, Level
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Roof: Composition
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

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

Schools

  • Junior High Dist: Plattsburgh

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 207.19-3-53
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 25800.0
  • Insurance Expense: 898.0
  • Maintenance Expense: 1788.0
  • Resident Manager Expense: 1290.0
  • Property Net Operating Income: 19471.0
  • Number Of Units Leased: 6

Tax Info

  • Tax Annual Amount: 3543.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
5M Properties Llc
Bought by
Mussen Earle Holdings Llc
Current Estimated Value
$201,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$98,713
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 15, 2012
Closed on
Mar 15, 2013
Sold by
Kel Properties Llc
Bought by
5M Properties Llc
Seller's Agent
Melvin Browndorf
Coldwell Banker Whitbeck Assoc. Plattsburgh
Buyer's Agent
Melvin Browndorf
Coldwell Banker Whitbeck Assoc. Plattsburgh
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%

Purchase Details

Closed on
Feb 7, 1997
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
Mussen Earle Holdings Llc $150,000 --
5M Properties Llc $125,000 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mussen Earle Holdings Llc $112,500
Closed Mussen Earle Holdings Llc $112,500
Open 5M Properties Llc $286,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $125,000 -- --
03/15/2013 03/15/13 Sold $125,000 -13.8% $64 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
11/15/2012 11/15/12 For Sale $145,000 -- $74 / 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 $2,679 $188,000 $12,000 $176,000
2023 $5,453 $188,000 $12,000 $176,000
2022 $5,384 $138,000 $12,000 $126,000
2021 $5,529 $138,000 $12,000 $126,000
2020 $5,716 $138,000 $12,000 $126,000
2019 $2,504 $138,000 $12,000 $126,000
2018 $5,699 $138,000 $13,000 $125,000
2017 $2,478 $138,000 $13,000 $125,000
2016 $5,487 $138,000 $13,000 $125,000
2015 -- $95,000 $13,000 $82,000
2014 -- $95,000 $13,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 144698

APN: 091300-207-019-0003-053-000-0000