NOT LISTED FOR SALE

55 Chapel St Unit 57 Seneca Falls, NY 13148

Estimated Value: $142,000 - $159,000

4 Beds
2 Baths
1,976 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $114,000 $58 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,076/month

6 Days on Market

Highlights

  • Thermal Windows
  • Ceiling Fan
  • Wall to Wall Carpet
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of April 2021

Very good Cash Flow with a 13% CAP Rate on this 2-unit house fully rented with separate utilities including water. Each unit features eat-in kitchen, spacious living room, dining area and back room used for storage area or laundry. Second floor features 2 bedrooms with closets and full bath. Basement access to both units where you will find separate furnace, newer hot water tanks and breaker boxes. Open front porch for enjoying the outdoors and good size backyard. Exterior painting on house trim is contracted out and garage roof is in need of replacing. No leases in place and rents are due for increase. Updates include all vinyl windows, newer front porch, roof =5 yrs. This duplex is a money maker and could make good owner occupied. 48 Hour to show to Qualified Buyers Only.

Last Agent to Sell the Property

Belinda Fratto

Listing by Howard Hanna License #30FR0894907 Listed on: 02/10/2021

Howard Hanna

Last Buyer's Agent

Shelly Bachman

Listing by Lake To Lake Real Estate License #40BA0998538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,876

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 108 x 55

Parking

  • Stone Driveway

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, snow removal
  • Tax Lot 19
  • Assessor Parcel Number 453289-014-000-0002-019-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,876

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Seneca Falls-453289
  • Total Assessed Value: 62400
  • Foundation Description: Block
  • Gross Annual Income: 16800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 55
  • Lot Information: Neighborhood Street
  • Lot Number: 19
  • Nearest Cross Street: Walnut St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 814285.71
  • Ratio Close Price By Sq Ft: 57.69
  • Ratio List Price By Acres: 814285.71
  • Ratio List Price By Sq Ft: 57.69
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, Refuse Removal, Snow Removal
  • Roof Description: Asphalt
  • School Tax: 1685
  • Sub Board Code: Rochester
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6098
  • Age of Building: 132
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1976
  • Directions To Property: Fall Street, Seneca Falls, to State Street to Chapel Street and house sits proudly on the right side of street.
  • Sq Ft Total Pub: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1976

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Thermal Windows - Some
  • Number of Acres: 0.1400

Garage/Parking

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

Utilities

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

Schools

  • School District: Seneca Falls

Lot Info

  • Parcel Number: 453289-014-000-0002-019-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2876

MLS Schools

  • School District Name: Seneca Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 28, 2021
Sold by
Laskoski Kaitlyn
Bought by
Aguilera Jose L
Seller's Agent
Belinda Fratto
Howard Hanna
Buyer's Agent
Shelly Bachman
Lake To Lake Real Estate
List Price
$114,000
Sold Price
$114,000
Current Estimated Value
$148,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,008
Avg. Annual Appreciation
5.97%
Original Mortgage
$85,500
Outstanding Balance
$77,363
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,645

Purchase Details

Listed on
Aug 28, 2018
Closed on
Nov 2, 2018
Sold by
Donk Timothy P
Bought by
Laskoski Kaitlyn
Seller's Agent
Adam Prescott
Prescott Realty Group LLC
Buyer's Agent
Jennifer Meckley
Howard Hanna Referrals
List Price
$84,900
Sold Price
$76,000
Premium/Discount to List
-$8,900
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%

Purchase Details

Closed on
Aug 29, 2007
Sold by
Bowen W Michael Patricia A
Bought by
Donk Timothy P

Purchase Details

Closed on
Aug 7, 1998
Sold by
Morgan William H
Bought by
Gist Eddie R and Ferguson-Gist Hesthen
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
Aguilera Jose L $114,000 None Available
Aguilera Jose L $114,000 None Available
Laskoski Kaitlyn $72,000 --
Laskoski Kaitlyn $72,000 --
Donk Timothy P $63,950 Michael Mirras
Donk Timothy P $63,950 Michael Mirras
Gist Eddie R $60,000 --
Gist Eddie R $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilera Jose L $85,500
Closed Aguilera Jose L $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2021 04/28/21 Sold $114,000 0.0% $58 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $114,000 +50.0% $58 / Sq Ft
11/01/2018 11/01/18 Sold $76,000 -10.5% $38 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $84,900 -- $43 / 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 $3,594 $120,000 $8,100 $111,900
2023 $3,605 $120,000 $8,100 $111,900
2022 $4,587 $99,900 $12,000 $87,900
2021 $4,556 $99,900 $12,000 $87,900
2020 $2,922 $62,400 $12,000 $50,400
2019 $1,238 $62,400 $12,000 $50,400
2018 $2,831 $62,400 $12,000 $50,400
2017 $2,802 $62,400 $12,000 $50,400
2016 $3,798 $62,400 $12,000 $50,400
2015 -- $57,900 $12,200 $45,700
2014 -- $57,900 $12,200 $45,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1318728

Upstate New York Real Estate Information Services (UNYREIS)

APN: 453289-014-000-0002-019-000-0000