$65,000
SOLD JAN 31, 2025

5 Edward St Malone, NY 12953

-- Bed
-- Bath
980 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

18% Below List Price

0 Day on Market

About This Home

As of January 2025

Well appointed, highly productive, duplex rental. Both units (1/1's) consistently fully occupied with traveling workers at $1195/mo/unit. 2023 Total Gross $26,290, 2023 NOI = $15,205. Offering at 22% Cap Rate for quick sale - need the capital for another project.

Last Agent to Sell the Property

Ted Perrin

Realty NNY License #10491211771 Listed on: 10/26/2024

Last Buyer's Agent

Ted Perrin

Realty NNY License #10491211771 Listed on: 10/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $557

Year Built

  • Built in 1880

Parking

  • Open Parking

Home Design

  • 980 Sq Ft Home
  • Duplex

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 112.27-2-16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$557

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Directions: When heading east through Malone turn left onto Edward Street. 3rd house on the right. Brown porch.
  • Year Built: 1880
  • Special Features: None

Garage/Parking

  • Open Parking: Yes

Schools

  • Junior High Dist: Malone

Lot Info

  • Parcel #: 112.27-2-16
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 557.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Feb 7, 2025
Sold by
Decillis Aiden
Bought by
A & B Platinum Properties Llc
Seller's Agent
Ted Perrin
Realty NNY
Buyer's Agent
Ted Perrin
Realty NNY
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%
Views
17
Current Estimated Value
$70,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,809
Avg. Annual Appreciation
9.64%
Original Mortgage
$55,250
Outstanding Balance
$54,873
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$15,936

Purchase Details

Listed on
Oct 26, 2024
Closed on
Jan 3, 2025
Sold by
Perrin Blanche I
Bought by
Decillis Aiden
Seller's Agent
Ted Perrin
Realty NNY
Buyer's Agent
Ted Perrin
Realty NNY
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Outstanding Balance
$54,873
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$15,936

Purchase Details

Closed on
Nov 8, 2024
Sold by
Perrin Pamela Sue
Bought by
Perrin Blanche I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Outstanding Balance
$54,873
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$15,936

Purchase Details

Closed on
Feb 28, 2024
Sold by
Perrin Properties Llc
Bought by
Perrin Pamela Sue

Purchase Details

Closed on
Jun 14, 2022
Sold by
Perrin Blanche L
Bought by
Perrin Properties Llc

Purchase Details

Closed on
Dec 4, 2000
Sold by
Casazza Timothy C
Bought by
Jock Blanche I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $65,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Deed $18,000 Bryan J Hughes
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $65,000 -5.8% $66 / Sq Ft
11/05/2024 11/05/24 Price Changed $69,000 -12.7% $70 / Sq Ft
10/26/2024 10/26/24 For Sale $79,000 -- $81 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
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 $1,454 $26,300 $3,000 $23,300
2023 $1,389 $26,300 $3,000 $23,300
2022 $1,341 $26,300 $3,000 $23,300
2021 $1,346 $26,300 $3,000 $23,300
2020 $754 $26,300 $3,000 $23,300
2019 $817 $26,300 $3,000 $23,300
2018 $840 $26,300 $3,000 $23,300
2017 $839 $26,300 $3,000 $23,300
2016 $858 $26,300 $3,000 $23,300
2015 -- $26,300 $3,000 $23,300
2014 -- $26,300 $3,000 $23,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 203347

APN: 164801-112-027-0002-016-000-0000