NOT LISTED FOR SALE

Estimated Value: $661,000 - $767,003

3 Beds
2 Baths
1,920 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $617,000 $321 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,828/month

8 Days on Market

Highlights

  • Bungalow
  • Hot Water Heating System
  • Partially Fenced Property
  • Garden
  • High Speed Internet
  • 4-minute walk to Calahan Park

About This Home

As of April 2023

This charming multi-family home in the highly sought after 5 Sisters Neighborhood could be ideal for an owner occupier or an investor. The proximity to the South End, Downtown, and even the lake ensure this has remained a highly coveted location. The home, consisting of 2 units, has been well-maintained over the years. The second floor has 2 bedrooms, 1 bath, and a really nice enclosed porch with seasonal views of the Adirondacks through the trees. On the main floor is the one bedroom, one bath unit with a cozy breakfast nook and tons of natural light. The ground floor has a full, unfinished walkout basement with tons of storage. This space includes the shared washer/dryer. The deep backyard is partially paved for plenty of off-street parking as well as yard space with a unique stone cooking spot. Enjoy the benefits of living in this convenient well-maintained neighborhood while tenants assist with your costs, or lease the 2-bedroom at current market rates. Open house Sunday 2/19 2-5pm.

Last Agent to Sell the Property

Kevin Boehmcke

Coldwell Banker Hickok and Boardman Listed on: 02/16/2023

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Theadora Dernavich

Coldwell Banker Hickok and Boardman License #082.0102683

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,270

Year Built

  • Built in 1932

Lot Details

  • 5,663 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Up
  • Garden

Home Design

  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 3-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Storage

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $24,104
  • Gross Income $40,200
  • Net Operating Income $16,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,270

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Bungalow
  • Directions: Route 7 North from 189 one mile to roundabout. Take 3rd exit for Locust St. Right onto Caroline St. House is on your left.
  • Assessment Amount: 580800
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 321.35
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3168
  • Sq Ft - Apx Total Finished: 1920
  • Year Built: 1932
  • List Agent: 281825
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Storage Space, Unfinished, Walkout, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 1920
  • Sq Ft - Apx Unfinished AG: 192
  • Sq Ft - Apx Unfinished BG: 1056

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Fence - Partial, Garden Space

Garage/Parking

  • Parking: Off Street, Paved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable, Dsl

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: City Lot, Sidewalks, Sloping
  • Surveyed: Unknown
  • Zoning: RL
  • Deed Book: 1261
  • Deed Page: 411-413
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 40200
  • Net Income: 16096
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2022-2023
  • Tax Gross Amount: 12269.96
  • Tax Year: 2022

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Apr 6, 2023
Sold by
Broughton John C
Bought by
Holland Matthew C and Mcdermott Shannon
Seller's Agent
Kevin Boehmcke
Coldwell Banker Hickok and Boardman
Buyer's Agent
Theadora Dernavich
Coldwell Banker Hickok and Boardman
List Price
$595,000
Sold Price
$617,000
Premium/Discount to List
$22,000
3.7%
Views
134
Current Estimated Value
$699,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,501
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Oct 27, 2014
Sold by
Broughton John C
Bought by
Carm Broughton Real Estate Llc
Source: Public Records
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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
Holland Matthew C $617,000 --
Holland Matthew C $617,000 --
Holland Matthew C $617,000 --
Carm Broughton Real Estate Llc -- --
Carm Broughton Real Estate Llc -- --
Carm Broughton Real Estate Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $617,000 +3.7% $321 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $595,000 -- $310 / Sq Ft
Source: PrimeMLS

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 $14,038 $580,800 $256,300 $324,500
2023 $12,272 $580,800 $256,300 $324,500
2022 $12,270 $580,800 $256,300 $324,500
2021 $12,783 $580,800 $256,300 $324,500
2020 $8,460 $274,900 $135,700 $139,200
2019 $8,046 $274,900 $135,700 $139,200
2018 $7,727 $274,900 $135,700 $139,200
2017 $7,322 $274,900 $135,700 $139,200
2016 $7,154 $274,900 $135,700 $139,200
2015 -- $2,749 $0 $0
2014 -- $2,749 $0 $0
2013 -- $2,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4943328

PrimeMLS

APN: (035) 053-3-230-000