NOT LISTED FOR SALE

55 Lock St Phoenix, NY 13135

Estimated Value: $122,000 - $176,000

5 Beds
2 Baths
2,064 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $66,000 $32 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,041/month

78 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Patio
  • Corner Lot
  • Forced Air Cooling System
  • 4-minute walk to Lock Street Pond Park

About This Home

As of November 2016

wise investment. Start making money now. With rents of $1,550 and no utilities. a positive cash situation. Easy to rent as unit is 12 minutes to Great Northern, walking distanct to village services and bus. With Newer windows, resiliently painted newer boiler and appliances and newer roof. After 45 year of work time to retire take advange of a good situation.

Last Agent to Sell the Property

Ray Grzenda

Listing by Hunt Real Estate ERA License #30GR0982443 Listed on: 06/18/2016

Hunt Real Estate ERA

Last Buyer's Agent

James Burnham

Listing by Coldwell Banker Prime Prop,Inc License #10401222134

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 123 x 66
  • Corner Lot

Parking

  • No Garage

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Wall to Wall Carpet

Kitchen

  • Electric Cooktop
  • Range Hood

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Patio
  • Shed

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, no utilities, refuse removal, snow removal, water
  • Assessor Parcel Number 355401-304-017-0002-014-100-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • Operating Expense $2,000
  • Gross Income $16,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 96
  • Annual Operating Expenses: 2000
  • NY Swis Code: Phoenix-Village-355401
  • Total Assessed Value: 69176
  • Gross Annual Income: 16500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 123
  • Lot Dimension Front: 66
  • Lot Information: Corner Lot
  • L P Per Acre: 368157.8900
  • List Price per Sq Ft: 33.8905
  • Nearest Cross Street: main (57)
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 347368.42
  • Ratio Close Price By Sq Ft: 31.98
  • Ratio List Price By Acres: 368157.89
  • Ratio List Price By Sq Ft: 33.89
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Lawn Maintenance, No Utilities, Refuse Removal, Snow Removal, Water
  • School Tax: 2073
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 69950.00
  • Village: Phoenix-Village
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: RT 57 into Village East on Lock St. Just before railroad on left
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Storage, Sump Pump
  • Basement Description: Full
  • Floor Description: Resilient-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dryer, Range Hood-Exhaust Fan, Washer
  • Number of Rooms: 12
  • Total Sq Ft: 2064

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet, Patio, Thermal Windows - Some
  • Number of Acres: 0.1900

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Forced Air, Municipal Electric
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 355401-304-017-0002-014-100-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3822

MLS Schools

  • School District Name: Phoenix

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2016
Closed on
Nov 28, 2016
Sold by
Coville Gordon
Bought by
Bogert John M
Seller's Agent
Ray Grzenda
Hunt Real Estate ERA
Buyer's Agent
James Burnham
Coldwell Banker Prime Prop,Inc
List Price
$74,900
Sold Price
$66,000
Premium/Discount to List
-$8,900
-11.88%
Current Estimated Value
$151,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,794
Avg. Annual Appreciation
9.61%
Original Mortgage
$50,250
Outstanding Balance
$23,511
Interest Rate
2.79%
Mortgage Type
New Conventional
Estimated Equity
$128,283
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
Bogert John M $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogert John M $50,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2016 11/28/16 Sold $66,000 -11.9% $32 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $74,900 -- $36 / Sq Ft
Source: Central New York Information Services

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 $2,947 $58,800 $10,100 $48,700
2023 $2,929 $58,800 $10,100 $48,700
2022 $2,769 $58,800 $10,100 $48,700
2021 $3,602 $58,800 $10,100 $48,700
2020 $3,730 $58,800 $10,100 $48,700
2019 $4,422 $58,800 $10,100 $48,700
2018 $4,422 $58,800 $10,100 $48,700
2017 $2,784 $58,800 $10,100 $48,700
2016 $3,602 $58,800 $10,100 $48,700
2015 -- $58,800 $10,100 $48,700
2014 -- $58,800 $10,100 $48,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S356500

Central New York Information Services

APN: 355401-304-017-0002-014-001-0000