NOT LISTED FOR SALE

54 Gray St Amsterdam, NY 12010

Estimated Value: $99,000 - $175,000

4 Beds
2 Baths
1,600 Sq Ft
$86/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $64,900 $41 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $905/month

17 Days on Market

Highlights

  • 5,012 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Porch
  • Fenced

About This Home

As of December 2021

Amsterdam - ATTENTION INVESTORS! A rare find! Southside Solid 2-family. Great location near Industrial warehouses on Route 5S. Walk to restaurants, near bike trail, etc. Long term tenants, 1st floor tenant has occupied for 30+ years and desires to stay. Brand new forced air furnace & sump pump. Needs some updating. Detached two car garage with entry from Union St. 1st flr tenant gets a rent reduction for taking care of snow removal and lawn care. Restricted showing hours ... owner will approve showings. Good Condition

Last Agent to Sell the Property

Kathleen Gordon

Inglenook Realty Inc License #31GO1064958 Listed on: 04/19/2021

Last Buyer's Agent

David Ioele

Howard Hanna

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,012 Acre Lot
  • Lot Dimensions are 52 x 90
  • Fenced

Parking

  • 2 Car Detached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Family

Listing and Financial Details

  • Tenant pays for hot water, heat, snow removal, cable TV, electricity, grounds care
  • Legal Lot and Block 50 / 2
  • Assessor Parcel Number 270100 55.41-2-50

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Directions: Florida Ave to a Right onto Gray St. Look for signs at No, 54
  • Above Grade Finished Sq Ft: 1600.0
  • Lot Size Acres: 5012.0
  • Lot Size: 52 x 90
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: tbd
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Subdivision Name: Southside
  • Fencing:Fenced: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1600.0
  • Full Basement: Yes
  • Attic Features:Hatch: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Aluminum Siding
  • Fencing: Fenced
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Space Heater, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Amsterdam

Lot Info

  • Parcel #: 270100 55.41-2-50
  • Lot Size Sq Ft: 218322720.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Snow Removal, Cable TV, Electricity, Grounds Care

Tax Info

  • Tax Annual Amount: 4754.0
  • Tax Block: 2
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Dec 13, 2021
Sold by
J R & Ann M Bellardini Ft and Bellardini
Bought by
54 Gray St Associates Llc
Seller's Agent
Kathleen Gordon
Inglenook Realty Inc
Buyer's Agent
David Ioele
Howard Hanna
List Price
$69,900
Sold Price
$64,900
Premium/Discount to List
-$5,000
-7.15%
Current Estimated Value
$137,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,908
Avg. Annual Appreciation
20.38%
Original Mortgage
$51,920
Outstanding Balance
$47,740
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,068

Purchase Details

Closed on
Sep 16, 2020
Sold by
Bellardini Joseph R and Bellardini Anne M
Bought by
J R & Ann M Bellardini Ft and Bellardini
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
54 Gray St Associates Llc $64,900 None Available
J R & Ann M Bellardini Ft -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 54 Gray St Associates Llc $51,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $64,900 0.0% $41 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/03/2021 05/03/21 Price Changed $64,900 -7.2% $41 / Sq Ft
04/19/2021 04/19/21 For Sale $69,900 -- $44 / Sq Ft
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 $2,222 $42,000 $3,200 $38,800
2023 $1,808 $42,000 $3,200 $38,800
2022 $1,731 $42,000 $3,200 $38,800
2021 $2,026 $42,000 $3,200 $38,800
2020 $1,901 $42,000 $3,200 $38,800
2019 $1,090 $42,000 $3,200 $38,800
2018 $2,589 $42,000 $3,200 $38,800
2017 $4,277 $42,000 $3,200 $38,800
2016 $1,854 $42,000 $3,200 $38,800
2015 -- $42,000 $3,200 $38,800
2014 -- $42,000 $3,200 $38,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202116360

Global MLS

APN: 270100-055-041-0002-050-000-0000