NOT LISTED FOR SALE

524 E Union St Newark, NY 14513

Estimated Value: $235,824

-- Bed
-- Bath
6,017 Sq Ft
$39/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $120,000 $20 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,691/month

31 Days on Market

Highlights

  • Cathedral Ceiling
  • Partial Attic
  • Forced Air Cooling System
  • Wood Flooring
  • Thermal Windows
  • Ceiling Fan

About This Home

As of June 2019

Investors Dream!!! Fully rented 4 unit with three 1 bedroom apartments & one spacious 4/5 bedroom apartment. Great central location. Several updates. Separate electric, new furnace. All with positive cash flow!

Last Agent to Sell the Property

Gail Vanderbrook

Listing by Howard Hanna License #30VA1182576 Listed on: 04/05/2019

Howard Hanna

Last Buyer's Agent

Gail Vanderbrook

Listing by Howard Hanna License #30VA1182576 Listed on: 04/05/2019

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,194

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 99 x 65

Home Design

  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 6,017 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Attic

  • Partial Attic
  • Scuttle Attic Hole
  • Unfinished Attic

Utilities

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

Listing and Financial Details

  • Rent includes all utilities, heat, lawn maintenance, water
  • Tax Lot 752
  • Assessor Parcel Number 542001-068-110-0008-752-986-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,194

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Newark-Village-542001
  • Total Assessed Value: 108800
  • Gross Annual Income: 31800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 99
  • Lot Dimension Front: 65
  • Lot Information: Primary Road
  • Lot Number: 752
  • Nearest Cross Street: Vienna
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 800000.00
  • Ratio Close Price By Sq Ft: 19.94
  • Ratio List Price By Acres: 932666.67
  • Ratio List Price By Sq Ft: 23.25
  • Regional Board Code: Rochester
  • Rent Includes: All Utilities, Heat, Lawn Maintenance, Water
  • Roof Description: Asphalt
  • School Tax: 2462
  • Sub Board Code: Rochester
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Village: Newark-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 6534
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Go East on Route 31 in Newark. Property is on the left at the intersection of Vienna.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Partial, Scuttle Access, Unfinished
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wood-Some
  • Total Sq Ft: 6017

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Thermal Windows - Some
  • Number of Acres: 0.1500

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Newark

Lot Info

  • Parcel Number: 542001-068-110-0008-752-986-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 5194

MLS Schools

  • School District Name: Newark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 28, 2019
Sold by
Bartucca Domenico
Bought by
Tolleson Bruce E
Seller's Agent
Gail Vanderbrook
Howard Hanna
Buyer's Agent
Gail Vanderbrook
Howard Hanna
List Price
$139,900
Sold Price
$120,000
Premium/Discount to List
-$19,900
-14.22%
Current Estimated Value
$235,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,824
Avg. Annual Appreciation
11.30%

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 25, 2019
Sold by
Bartucca Domenico and Bartucca Antoinette M
Bought by
Tolleson Bruce E
Seller's Agent
Gail Vanderbrook
Howard Hanna
Buyer's Agent
Gail Vanderbrook
Howard Hanna
List Price
$139,900
Sold Price
$120,000
Premium/Discount to List
-$19,900
-14.22%
Source: Public Records

Range of Values:

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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
Tolleson Bruce E $120,000 None Available
Tolleson Bruce E $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $120,000 -14.2% $20 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $139,900 -- $23 / 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 $5,283 $170,000 $28,000 $142,000
2023 $5,283 $108,800 $45,000 $63,800
2022 $5,628 $108,800 $45,000 $63,800
2021 $5,551 $108,800 $45,000 $63,800
2020 $5,423 $108,800 $45,000 $63,800
2019 $5,351 $108,800 $45,000 $63,800
2018 $5,194 $108,800 $45,000 $63,800
2017 $5,132 $108,800 $45,000 $63,800
2016 $5,136 $108,800 $45,000 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1183398

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542001-068-110-0008-752-986-0000