NOT LISTED FOR SALE

500 E Monroe St Little Falls, NY 13365

Estimated Value: $89,000 - $146,000

8 Beds
3 Baths
4,024 Sq Ft
$29/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $80,000 $20 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $812/month

28 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 1-minute walk to Western Park

About This Home

As of May 2022

Now active on the market is a fully rented 3-unit home with long-time tenants, low maintenance cost and amazing cash flow! The home holds 8 bedrooms throughout the 3 units. This is a high-yield property that had recently received major CAPEX improvements and had all major repair work completed! The owners have also completed improvements including new porches and concrete drains. The in-place rents near $20k gross and a NOI of $13k, providing major substantial upside at market rents without a need for major improvements! One tenant pays for a full year of rent in advance at the currently discounted rate while other rents are substantially below market as well. This is a great chance to secure an investment property, generate additional income while living in a unit, or to maintain privacy while keeping your loved ones close. Schedule a tour with us today!

Last Listed By

Brandon Mosher

Listing by River Hills Properties LLC Lf License #10401268885 Listed on: 03/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,247

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 133 x 63

Interior Spaces

  • 4,024 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Parking

  • Stone Driveway
  • Shared Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 114.60-4-34

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,247

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Little Falls-City-210900
  • Total Assessed Value: 15400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 133
  • Lot Dimension Front: 63
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: North Ann Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 19.88
  • Ratio List Price By Sq Ft: 22.34
  • Regional Board Code: Syracuse
  • School Tax: 2198
  • Sub Board Code: Mohawk Valley
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Route 5 To North Ann Street To E Monroe Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 4024

Exterior Features

  • Construction: Wood

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Shared, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Available
  • Water Heater Fuel: Gas

Schools

  • School District: Little Falls

Lot Info

  • Parcel Number: 114.60-4-34

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4247

MLS Schools

  • School District Name: Little Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Townhouse Nys Llc
Bought by
Raia Sally
Total Days on Market
28
Current Estimated Value
$103,179

Purchase Details

Listed on
Mar 2, 2022
Closed on
May 3, 2022
Sold by
Monroe 500 Llc
Bought by
Townhouse Nyc Llc
Seller's Agent
Brandon Mosher
River Hills Properties LLC Lf
Buyer's Agent
Mvar Nonmember
MVAR NONMEMBER
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%

Purchase Details

Listed on
Sep 4, 2019
Closed on
May 3, 2021
Sold by
Bucenec Jesse M
Bought by
Monroe 500 Llc
Seller's Agent
Brandon Mosher
River Hills Properties LLC Lf
Buyer's Agent
Mvar Nonmember
MVAR NONMEMBER
List Price
$83,000
Sold Price
$77,000
Premium/Discount to List
-$6,000
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
May 18, 2006
Sold by
Smith Carol M
Bought by
Bucenec Jesse M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2002
Sold by
Smith Malone Carol
Bought by
Smith Carol

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Raia Sally -- None Available
Townhouse Nyc Llc $80,000 None Available
Monroe 500 Llc $77,000 None Available
Bucenec Jesse M $87,500 --
Bucenec Jesse M $87,500 --
Smith Carol -- --
Smith Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bucenec Jesse $126,666
Previous Owner Bucenec Jesse M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $80,000 -11.0% $20 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $89,900 +16.8% $22 / Sq Ft
04/27/2021 04/27/21 Sold $77,000 -16.3% $19 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/02/2019 12/02/19 Price Changed $92,000 +10.8% $23 / Sq Ft
09/04/2019 09/04/19 For Sale $83,000 -- $21 / Sq Ft
Source: Mid New York Regional 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 $2,875 $15,400 $1,200 $14,200
2023 $2,875 $15,400 $1,200 $14,200
2022 $2,916 $15,400 $1,200 $14,200
2021 $2,876 $15,400 $1,200 $14,200
2020 $2,768 $15,400 $1,200 $14,200
2019 $2,622 $15,400 $1,200 $14,200
2018 $2,614 $15,400 $1,200 $14,200
2017 $2,647 $15,400 $1,200 $14,200
2016 $3,733 $15,400 $1,200 $14,200
2015 -- $15,400 $1,200 $14,200
2014 -- $15,400 $1,200 $14,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Little Falls, NY

  • 40 N William St, Little Falls, NY 13365

    $99,000

    • 7 Beds
    • 4 Baths
    • 4,860 Sq Ft
    • 40 N William St
    • Little Falls, NY

    Discover a fantastic investment opportunity in the heart of Little Falls. This multi-unit property at 40 N William Street includes four units plus a possibility of two garden-level apartments, offering incredible potential and flexibility. Currently without heat, electricity, or water, this property serves as a blank canvas waiting to be reimagined. Situated on a beautiful street just a short

    Jessica Wright River Hills Properties LLC Barn

    Section Image
  • 3 Pierce St, Little Falls, NY 13365

    $80,000

    • 6 Beds
    • 2 Baths
    • 2,160 Sq Ft
    • 3 Pierce St
    • Little Falls, NY

    Calling all investors! This property has been meticulously renovated throughout both upstairs 3 bedroom units while the first floor is open for the new owner to complete with great potential for one or two more apartments. Cash only sale.

    Brandon Mosher River Hills Properties LLC Lf

    Section Image

Source: Mid New York Regional MLS

MLS Number: S1391414

Mid New York Regional MLS

APN: 210900-114-060-0004-034-000-0000