Seller's Agent in 2023
Anthony Heath
Keller Williams Upstate NY Properties
(607) 431-2540
1 in this area
29 Total Sales
53 River St Sidney, NY 13838
Estimated Value: $108,000 - $146,000
7
Beds
3
Baths
2,030
Sq Ft
$61/Sq Ft
Est. Value
Highlights
- 3 Car Detached Garage
- Vinyl Flooring
- Heating Available
About This Home
As of April 2023PRICE REDUCED. Currently boasting over a 25% Capitalization rate with an amazing rental history! Great location right in the heart of Sidney, close to Route 7 and I-88, and just steps to the park & Susquehanna river. This property would be a great addition to anyone's portfolio, generating over $30,000 per year in income. There is also a lot of room on the rent roll, as the current owner has not raised rents in 10+ years, this can easily generate a 20% return. All that and nearly finished with a fresh coat of paint. What's not to like! Opportunities like this do not come around often and this one is sure to go quick, now scheduling showings! Additional pictures coming soon. Listing agent related to seller.
Last Agent to Sell the Property
Listing by Keller Williams Upstate NY Properties License #10401359601 Listed on: 04/20/2022
Co-Listed By
Listing by Keller Williams Upstate NY Properties License #10301221556
Last Buyer's Agent
Listing by Keller Williams Upstate NY Properties License #10301221556
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,767
Year Built
- Built in 1930
Lot Details
- 0.27 Acre Lot
Home Design
- 2,030 Sq Ft Home
- Stone Foundation
- Frame Construction
- Metal Roof
Flooring
- Laminate
- Vinyl
Parking
- 3 Car Detached Garage
- Shared Driveway
Utilities
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Rent includes refuse removal, water
- Assessor Parcel Number 115.11-7-5
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- Gross Income $25,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2022
Closed on
Apr 4, 2023
Sold by
Health Paul N and Heath Dennis D
Bought by
River St Rsdnc Llc
Seller's Agent
Anthony Heath
Keller Williams Upstate NY Properties
Buyer's Agent
Stefan Marikovics
Keller Williams Upstate NY Properties
List Price
$129,500
Sold Price
$95,000
Premium/Discount to List
-$34,500
-26.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,525
Avg. Annual Appreciation
10.50%
Purchase Details
Closed on
Aug 4, 2008
Sold by
Lambrecht Elena M
Bought by
Heath Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,692
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 2007
Sold by
Bonacci Debbie
Bought by
Lambrecht Elana
Purchase Details
Closed on
Oct 22, 2001
Sold by
Harrah Josephine
Bought by
Tuttle Debbie L
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| River St Rsdnc Llc | $95,000 | None Available | |
| Heath Paul | $55,590 | Joseph A. Ermeti | |
| Lambrecht Elana | -- | -- | |
| Tuttle Debbie L | $15,000 | Carl A Griffith |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Heath Paul | $41,692 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2023 04/20/23 | Sold | $95,000 | -26.6% | $47 / Sq Ft |
| 11/14/2022 11/14/22 | Pending | -- | -- | -- |
| 04/20/2022 04/20/22 | For Sale | $129,500 | -- | $64 / Sq Ft |
Source: Otsego-Delaware Board of REALTORS®
Tax History Compared to Growth
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 | $3,121 | $55,600 | $10,400 | $45,200 |
| 2023 | $3,097 | $55,600 | $10,400 | $45,200 |
| 2022 | $2,963 | $55,600 | $10,400 | $45,200 |
| 2021 | $2,876 | $55,600 | $10,400 | $45,200 |
| 2020 | $3,450 | $55,600 | $10,400 | $45,200 |
| 2019 | $3,649 | $55,600 | $10,400 | $45,200 |
| 2018 | $3,649 | $55,600 | $10,400 | $45,200 |
| 2017 | $3,823 | $55,600 | $10,400 | $45,200 |
| 2016 | $2,706 | $55,600 | $10,400 | $45,200 |
| 2015 | -- | $55,600 | $10,400 | $45,200 |
| 2014 | -- | $55,600 | $10,400 | $45,200 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Heath
-
Stefan Marikovics
Seller Co-Listing Agent in 2023
Stefan Marikovics
Keller Williams Upstate NY Properties
(516) 974-8882
1 in this area
50 Total Sales
Map
Source: Otsego-Delaware Board of REALTORS®
MLS Number: OD134564
APN: 125001-115-011-0007-005-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Nearby Homes