NOT LISTED FOR SALE

5 Cross St Naples, NY 14512

Estimated Value: $164,891 - $292,000

5 Beds
2 Baths
2,214 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $25,000 $11 Per Sq Ft

Est. 809% increase in value since last sale

Current estimated payment $1,388/month

98 Days on Market

About This Home

As of March 2016

Large duplex that has lots to offer! Can be used as primary residence with second apartment rented out for virtualy free living, or used soley as a rental property! Situated on a nice sized lot in the Village of Naples. Right down the road from the popular Naples Festival! Hardwood floors. Located close to needed amenities!

Last Agent to Sell the Property

Larry Magguilli

Listing by Hunt Real Estate ERA/Columbus License #10301208010 Listed on: 10/16/2015

Hunt Real Estate ERA/Columbus

Last Buyer's Agent

Daniel King

Listing by Keller Williams Realty Gateway License #10401235480

Keller Williams Realty Gateway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 210 x 90

Parking

  • No Garage

Home Design

  • Duplex

Interior Spaces

  • 2,214 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Multiple Heating Units
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes no utilities
  • Assessor Parcel Number 323801-201-013-0001-041-100

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Age: 92
  • NY Swis Code: Naples-Village-323801
  • Total Assessed Value: 78500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 210
  • Lot Dimension Front: 90
  • Lot Information: Neighborhood Street
  • L P Per Acre: 46511.6300
  • List Price per Sq Ft: 9.0334
  • Nearest Cross Street: Elizabeth St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 58139.53
  • Ratio Close Price By Sq Ft: 11.29
  • Ratio List Price By Acres: 46511.63
  • Ratio List Price By Sq Ft: 9.03
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • Rent Includes: No Utilities
  • School Tax: 2000
  • Sale Price List Price: 1.2500
  • S P Per Acre: 58139.5300
  • S P Per Sq Ft: 11.2900
  • Sub Board Code: Rochester
  • Type of Residence: Duplex
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 20000.00
  • Village: Naples-Village
  • Year Built Description: Existing
  • Age of Building: 99
  • Year Built: 1923
  • Directions To Property: Elizabeth to Cross
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Number of Rooms: 15
  • Total Sq Ft: 2214

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.4300

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Electric, Oil

Lot Info

  • Parcel Number: 323801-201-013-0001-041-100

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3000

MLS Schools

  • School District Name: Naples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Feb 23, 2016
Sold by
Secretary Of Veterans Aff
Bought by
Terry Michael and Terry Liu
Seller's Agent
Larry Magguilli
Hunt Real Estate ERA/Columbus
Buyer's Agent
Daniel King
Keller Williams Realty Gateway
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%
Current Estimated Value
$227,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,223
Avg. Annual Appreciation
25.12%

Purchase Details

Closed on
Nov 10, 2015
Sold by
Us Bank National Assoc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 20, 2015
Sold by
Stevens Brenda Ann
Bought by
Us Bank National Assoc

Purchase Details

Closed on
Jun 30, 2004
Sold by
Pridmore Garry
Bought by
Stevens Brenda Ann

Purchase Details

Closed on
Aug 15, 1997
Sold by
Peck Norma
Bought by
Pridmore Garry and Pridmore Suzanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Terry Michael $25,000 Donald Cheney
Secretary Of Veterans Affairs -- Fein Such & Crane Llp
Us Bank National Assoc $12,758 Fein Such & Crane Llp
Stevens Brenda Ann $70,000 Richard Brocklebank
Pridmore Garry $33,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2016 03/08/16 Sold $25,000 -16.7% $11 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $30,000 -- $14 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $2,382 $89,000 $18,300 $70,700
2023 $2,298 $74,000 $9,800 $64,200
2022 $2,227 $74,000 $9,800 $64,200
2021 $1,961 $74,000 $9,800 $64,200
2020 $1,488 $50,000 $9,800 $40,200
2019 $0 $40,000 $9,800 $30,200
2018 $1,259 $40,000 $9,800 $30,200
2017 $0 $29,800 $9,800 $20,000
2016 $1,202 $29,800 $9,800 $20,000
2015 -- $78,500 $9,800 $68,700
2014 -- $78,500 $9,800 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R286370

Upstate New York Real Estate Information Services (UNYREIS)

APN: 323801-201-013-0001-041-100