NOT LISTED FOR SALE

62 E Genesee St Skaneateles, NY 13152

Estimated Value: $2,000,877

-- Bed
5 Baths
5,566 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $1,500,000 $269 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $12,518/month

48 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Deck
  • Balcony
  • State Street Intermediate School Rated A-
  • Wood Flooring
  • 1-minute walk to Thayer Park

About This Home

As of September 2022

This historic commercial building, located on the lake in the heart of the village, offers unique features that would be impossible to recreate today. A two-bedroom, two bath unit sits at the head of the lake jutting out over the water which no other village building offers. The unit itself, in addition to an open floor plan, provides spectacular lake views out of almost every window. There are three additional one-bedroom units, two with panoramic lake views, one of which has a deck. A brick entryway takes you to a street-level commercial unit that is prime retail or office space. Go swimming, moor a boat, walk to dinner or just sit on your deck and enjoy the views. Truly village living at its best! Please give 24 hours to show.

Last Agent to Sell the Property

Linda Roche

Listing by Howard Hanna Real Estate License #30RO1129116 Listed on: 06/13/2022

Howard Hanna Real Estate

Last Buyer's Agent

Catherine Armijo

Listing by Howard Hanna Real Estate License #10401258200

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,801

Year Built

  • Built in 1840

Lot Details

  • 2,675 Sq Ft Lot
  • Lot Dimensions are 107 x 25
  • 25 Feet of Waterfront
  • Lake Front
  • Rectangular Lot

Home Design

  • Mixed Use
  • Block Foundation
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 5,566 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Sliding Doors
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Carport
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near a bus stop

Schools

  • Waterman Elementary School
  • Skaneateles Middle School
  • Skaneateles High School

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 heat, hot water, snow removal, water
  • Tax Lot 28
  • Assessor Parcel Number 315001-012-000-0001-028-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,801

Year Built

Built in 1840

Lot Details

0

Listing Details

  • NY Swis Code: Skaneateles-Village-315001
  • Total Assessed Value: 751000
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 107
  • Lot Dimension Front: 25
  • Lot Information: Beach/Water Access - See Remarks, Commercial Zoning, Near Bus Line, Primary Road, Water View
  • Lot Number: 28
  • Lot Shape: Rectangular
  • Nearest Cross Street: State Street
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 24429967.43
  • Ratio Close Price By Sq Ft: 269.49
  • Ratio List Price By Acres: 27605863.19
  • Ratio List Price By Sq Ft: 304.53
  • Regional Board Code: Syracuse
  • Rent Includes: Heat, Hot Water, Snow Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 9856
  • Sub Board Code: Syracuse
  • Type of Residence: 1 Lot - Multi Structures, Mixed Use
  • Type of Sale: Normal
  • Village: Skaneateles-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 2675
  • Age of Building: 182
  • Year Built: 1840
  • Directions To Property: 62 E Genesee St. is located next to Legg Hall on the waterfront
  • Sq Ft Total Pub: 5566
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1840

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Laundry-Common, Sliding Glass Door
  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 5566

Exterior Features

  • Construction: Aluminum/Steel, Brick
  • Waterfront Name: Skaneateles Lake
  • Additional Exterior Features: Balcony, Cable TV Available, Deck, Dock- see Remarks, High Speed Internet, Patio
  • Number of Acres: 0.0614
  • Waterfront Description: Lake
  • Waterfront Frontage: 25

Garage/Parking

  • Number of Electric Meters: 5
  • Parking Driveway: 1 Space, Carport(S), Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air, Hot Water, Municipal Electric
  • Number of Gas Meters: 3
  • Number of Heating Units: 2
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Skaneateles
  • Elementary School: Waterman Elementary
  • Middle School: Skaneateles Middle
  • High School: Skaneateles High

Lot Info

  • Parcel Number: 315001-012-000-0001-028-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 16801

MLS Schools

  • Elementary School Name: Waterman Elementary
  • High School Name: Skaneateles High
  • Middle School Name: Skaneateles Middle
  • School District Name: Skaneateles

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Sep 16, 2022
Sold by
62 E Genesee St Llc
Bought by
Philion Properties Llc
Seller's Agent
Linda Roche
Howard Hanna Real Estate
Buyer's Agent
Catherine Armijo
Howard Hanna Real Estate
List Price
$1,895,000
Sold Price
$1,500,000
Premium/Discount to List
-$395,000
-20.84%
Current Estimated Value
$2,000,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,877
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Jun 1, 2021
Sold by
Loftus David A and Pidhirny Pamela A
Bought by
62 E Genesee St Llc

Purchase Details

Closed on
Apr 5, 2004
Sold by
Loftus Marian B
Bought by
Loftus David
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
Philion Properties Llc $1,500,000 None Available
62 E Genesee St Llc -- None Available
62 E Genesee St Llc -- None Available
Loftus David -- David A Jr Loftus
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $1,500,000 -11.5% $269 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $1,695,000 -10.6% $305 / Sq Ft
06/13/2022 06/13/22 For Sale $1,895,000 -- $340 / 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 $19,390 $751,000 $131,300 $619,700
2023 $19,442 $751,000 $131,300 $619,700
2022 $19,215 $751,000 $131,300 $619,700
2021 $19,267 $751,000 $131,300 $619,700
2020 $16,610 $751,000 $131,300 $619,700
2019 $4,236 $751,000 $131,300 $619,700
2018 $15,942 $751,000 $131,300 $619,700
2017 $3,480 $751,000 $131,300 $619,700
2016 $11,671 $625,094 $131,300 $493,794
2015 -- $625,094 $131,300 $493,794
2014 -- $625,094 $131,300 $493,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1411160

Central New York Information Services

APN: 315001-012-000-0001-028-000-0000