NOT LISTED FOR SALE

5 N Joy St Lyons, NY 14489

Estimated Value: $76,000 - $116,000

3 Beds
2 Baths
1,657 Sq Ft
$60/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $55,000 $33 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $703/month

32 Days on Market

Highlights

  • Forced Air Cooling System
  • Heating System Uses Steam
  • Wall to Wall Carpet

About This Home

As of May 2023

Duplex rental offered as an individual property, or can be purchased as a package with up to 8 other properties. Owner is retiring and selling off several properties. Here is your chance to make an investment in real estate and enjoy the long term rewards of income. This home could be purchased and used as an owner occupied home with a tenant paying most, or all of your mortgage. Don't wait for this opportunity to pass you by. Owner may consider private financing with terms.

Last Agent to Sell the Property

John Flock

Listing by Towpath Homes License #10301216475 Listed on: 02/17/2023

Last Buyer's Agent

Sarah Osman

Listing by Revolution Real Estate License #10401339235

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 81 x 65

Interior Spaces

  • 1,657 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 310
  • Assessor Parcel Number 542800-071-111-0006-310-849-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,851

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Lyons-542889
  • Total Assessed Value: 43300
  • Gross Annual Income: 16200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 81
  • Lot Dimension Front: 65
  • Lot Information: Neighborhood Street
  • Lot Number: 310
  • Nearest Cross Street: Jackson Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 458333.33
  • Ratio Close Price By Sq Ft: 33.19
  • Ratio List Price By Acres: 458333.33
  • Ratio List Price By Sq Ft: 33.19
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • School Tax: 1054
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5227
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1657
  • Directions To Property: Rt 14 (Phelps Street) to Jackson Street. East on Jackson to N. Joy.
  • Sq Ft Total Pub: 1657
  • Attribution Contact: 315-923-7653
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1657

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1200

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Steam
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 542800-071-111-0006-310-849-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1851

MLS Schools

  • School District Name: Lyons

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 15, 2023
Sold by
Messerschmidt Alfred and Messerschmidt Katarzyna
Bought by
Driscoll William P
Seller's Agent
John Flock
Towpath Homes
Buyer's Agent
Sarah Osman
Revolution Real Estate
List Price
$55,000
Sold Price
$55,000
Views
109
Current Estimated Value
$99,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,265
Avg. Annual Appreciation
24.96%
Original Mortgage
$44,000
Outstanding Balance
$42,752
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,513

Purchase Details

Closed on
Jan 11, 2023
Sold by
Johnson Rita and Messerchmidt Alfred
Bought by
Messerchmidt Katarzyna

Purchase Details

Closed on
Mar 31, 2003
Sold by
Scott Nancy J
Bought by
Tyler Gerald E
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
Driscoll William P $55,000 None Available
Messerchmidt Katarzyna $424,917 None Available
Tyler Gerald E $41,000 John P Porter
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driscoll William P $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $55,000 0.0% $33 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $55,000 -- $33 / 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 $2,205 $43,300 $2,300 $41,000
2023 $2,259 $43,300 $2,300 $41,000
2022 $1,810 $43,300 $2,300 $41,000
2021 $1,800 $43,300 $2,300 $41,000
2020 $1,680 $43,300 $2,300 $41,000
2019 $1,657 $43,300 $2,300 $41,000
2018 $2,713 $43,300 $2,300 $41,000
2017 $2,575 $43,300 $2,300 $41,000
2016 $1,642 $43,300 $2,300 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1456020

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542800-071-111-0006-310-849-0000