NOT LISTED FOR SALE

5 Monroe St Glens Falls, NY 12801

Estimated Value: $308,000 - $416,000

6 Beds
2 Baths
2,741 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $325,000 $119 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,426/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Full Attic
  • 2 Car Detached Garage
  • Tray Ceiling

About This Home

As of March 2024

This immaculate two-family home in Glens Falls.
Conveniently situated within walking distance to downtown. Each unit of the home features three bedrooms, 1 bath, washer and dryer, and separate utilities. This property is truly a gem and offers great potential as an investment, owner-occupied residence, or Airbnb rental. It has a proven track record as an Airbnb with excellent reviews. Don't wait too long, as this opportunity won't be available for long!

Last Agent to Sell the Property

Angela Cugini-Girard

Howard Hanna Listed on: 01/03/2024

Last Buyer's Agent

Barbara Kenison

Coldwell Banker Prime Properties License #30KE0793917

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,651

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 2 Car Detached Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Paddle Fans
  • Blinds
  • Rods
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Outdoor Features

  • Shed
  • Porch

Schools

  • Abraham Wing Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 200+ Amp Service

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 302
  • Assessor Parcel Number 302.16-10-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,651

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Directions: Sanford St To Monroe
  • Financial Details Full Market Assessment: 239574
  • Lot Size Acres: 0.17
  • Lot Size: 50 X 150
  • Parking Features Parking Total: 4.0
  • Sale Detail Buyer Zip Code: 12804
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 65000.0
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Basement: Full
  • Interior Amenities: Other, Paddle Fan, Tray Ceiling(s), Ceramic Tile Bath
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Window Features: Blinds, Curtain Rods
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Attic Features:Full2: Yes
  • Interior Features:Tray Ceiling(s): Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Vinyl Siding
  • Other Structures: Shed(s), Garage(s)
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Curtain Rods: Yes
  • Exterior Features:Other58: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • Property Detail:Garage Spaces: 2.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service
  • Heating: Forced Air
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Glens Falls Common

Lot Info

  • Parcel #: 302.16-10-4
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6651.0
  • Tax Block: 302
  • Tax Lot: 4
  • Tax Tract: 16-10

MLS Schools

  • Elementary School: Abraham Wing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Mar 15, 2024
Sold by
Ellis Lorraine V and Ellis Wayne
Bought by
Agresta Thomas P and Agresta Gregory J
Seller's Agent
Angela Cugini-Girard
Howard Hanna
Buyer's Agent
Barbara Kenison
Coldwell Banker Prime Properties
List Price
$294,900
Sold Price
$325,000
Premium/Discount to List
$30,100
10.21%
Views
103
Current Estimated Value
$346,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,751
Avg. Annual Appreciation
4.63%

Purchase Details

Listed on
Apr 22, 2016
Closed on
Sep 22, 2016
Sold by
Ferraro Sandra
Bought by
Ellis Wayne
Seller's Agent
Marla Willette
Howard Hanna
Buyer's Agent
Johnna Joly
DeMarsh Real Estate
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$120,000
Interest Rate
3.43%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 20, 2012
Closed on
Jan 18, 2013
Sold by
Zimmerman Jack
Bought by
Ferraro Sandra
Seller's Agent
James Papa
Hometown Real Estate
Buyer's Agent
Lisa Ostrander
Howard Hanna
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$147,283
Interest Rate
3.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 2007
Sold by
Gillette David
Bought by
Zimmerman Jack Joyce B

Purchase Details

Closed on
Nov 21, 1996
Sold by
Gillette David and Gillette Phyllis
Bought by
Gillette David J
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Agresta Thomas P $325,000 None Available
Ellis Wayne $160,000 Kara Lais
Ellis Wayne $160,000 Kara Lais
Ferraro Sandra $150,000 Timothy P. Kelleher
Ferraro Sandra $150,000 Timothy P. Kelleher
Zimmerman Jack Joyce B $150,000 Melissa Lescault
Gillette David J $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Wayne $120,000
Previous Owner Ferraro Sandra $147,283
Previous Owner Ferraro Sandra $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $325,000 +10.2% $119 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $294,900 +84.3% $108 / Sq Ft
09/22/2016 09/22/16 Sold $160,000 +6.7% $58 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
01/18/2013 01/18/13 Sold $150,000 -- $55 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
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 $6,448 $247,700 $30,000 $217,700
2023 $6,448 $225,200 $30,000 $195,200
2022 $5,513 $225,200 $30,000 $195,200
2021 $4,455 $100,700 $14,900 $85,800
2020 $4,153 $100,700 $14,900 $85,800
2019 $2,386 $100,700 $14,900 $85,800
2018 $2,386 $100,700 $14,900 $85,800
2017 $2,357 $100,700 $14,900 $85,800
2016 $3,133 $100,700 $14,900 $85,800
2015 -- $100,700 $14,900 $85,800
2014 -- $100,700 $14,900 $85,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202410089

Global MLS

APN: 520500-302-016-0010-004-000-0000