NOT LISTED FOR SALE

57 Montgomery St Cherry Valley, NY 13320

Estimated Value: $185,000 - $225,865

5 Beds
3 Baths
2,800 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $110,000 $39 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,442/month

84 Days on Market

Highlights

  • Porch
  • Carpet
  • Heating System Uses Propane

About This Home

As of June 2014

Updated 2 family property priced to sell on a nice street in Cherry Valley. Everything updated/renovated from roof down. Use for a live in and pay mortgage with income from 2nd unit or straight investment. Seller currently rents to Glimmerglass Opera during July and August.

Last Agent to Sell the Property

Robert Lee

Listing by Benson Agency Real Estate LLC License #40LE0943019 Listed on: 02/24/2014

Last Buyer's Agent

Robert Lee

Listing by Benson Agency Real Estate LLC License #40LE0943019 Listed on: 02/24/2014

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.29

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 0.29 Acre Lot

Community Details

  • Gross Income $8,300

Listing and Financial Details

  • Assessor Parcel Number 58.10-1-28.00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • NY Swis Code: Cherry Valley-362489
  • Total Assessed Value: 130000
  • Construction: Frame
  • Foundation Description: Stone
  • Gross Annual Income: 8300
  • Listing Type: Exclusive Right To Sell
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 379310.34
  • Ratio Close Price By Sq Ft: 39.29
  • Ratio List Price By Acres: 396551.72
  • Ratio List Price By Sq Ft: 41.07
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • Sub Board Code: Otsego-Delaware
  • Lot Sq Ft: 12632
  • Directions To Property: From rte 166 to Cherry Valley, go straight at light on Montgomery. 57 on your left across from church.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: Porch - Open
  • Basement Description: Partial
  • Floor Description: Carpet, Vinyl-Some
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 2800

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.2900

Utilities

  • Heating Fuel Description: Electric, Propane
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 58.10-1-28.00

MLS Schools

  • School District Name: Cherry Valley-Springfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Jun 16, 2014
Sold by
Mccarthy Anna
Bought by
Michalopoulos Barbara
Seller's Agent
Robert Lee
Benson Agency Real Estate LLC
Buyer's Agent
Robert Lee
Benson Agency Real Estate LLC
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$204,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,966
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Mccarthy John
Bought by
Mccarthy Anna
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
Michalopoulos Barbara $110,000 Lester A. Sittler
Mccarthy Anna $50,000 Kate Christoforatos
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Sold $110,000 -4.3% $39 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $115,000 -- $41 / Sq Ft
Source: Otsego-Delaware Board of REALTORS®

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 $4,520 $130,000 $15,000 $115,000
2023 $3,101 $130,000 $15,000 $115,000
2022 $3,895 $130,000 $15,000 $115,000
2021 $2,963 $130,000 $15,000 $115,000
2020 $3,796 $130,000 $15,000 $115,000
2019 $3,803 $130,000 $15,000 $115,000
2018 $3,803 $130,000 $15,000 $115,000
2017 $3,641 $130,000 $15,000 $115,000
2016 $3,591 $130,000 $15,000 $115,000
2015 -- $130,000 $15,000 $115,000
2014 -- $130,000 $15,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Lee

    Benson Agency Real Estate LLC

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: OD93042

Otsego-Delaware Board of REALTORS®

APN: 362401-058-010-0001-028-000-0000

New York Otsego County Cherry Valley 13320

57 Montgomery St, Cherry Valley, NY

Not Listed for Sale

MultiFamily

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