$325,000
SOLD DEC 20, 2024

65 Ford Ave Oneonta, NY 13820

8 Beds
3 Baths
2,584 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

7% Below List Price

10 Days on Market

Highlights

  • Cathedral Ceiling
  • 1 Fireplace
  • Hot Water Heating System
  • Wood Flooring
  • Window Unit Cooling System
  • 2 Car Garage

About This Home

As of December 2024

Cash Cow! Realize immediate income (60,000+ annually) in this 8 BR, 3 Unit, Center City Student Rental Property. Fully rented for the 2024-2025 school year. Updated electric and mechanicals with on-site laundry. Never worry about the snow days with ample off-street parking and conveniently located, just steps from the bus line. Easy walk to both universities and downtown. This is an investors dream! Do not wait to see it!

Last Agent to Sell the Property

Leanne McCormack

Listing by BlueSky Properties License #10491209448 Listed on: 07/08/2024

Co-Listed By

Michael Murphy

Listing by BlueSky Properties License #10301216377

Last Buyer's Agent

Non-Member Agent

Listing by Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,604

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 71x125

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2,584 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes electricity, heat, snow removal, trash collection, water
  • Tax Lot 88
  • Assessor Parcel Number 288.17-3-88

Community Details

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $19,350
  • Gross Income $60,000

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,604

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Heat, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • ResoLaundryFeatures: Common Area
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: ODBSP
  • Co List Office Phone: 607-287-8965
  • Directions: From Main Street turn onto Ford Ave. Proceed to #65 on the left.
  • Flooring: Hardwood, Laminate, Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Cathedral Ceiling(s)
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplaces: 1
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Paved, Parking Available, Two or More Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Oneonta

Lot Info

  • Parcel Number: 288.17-3-88
  • Lot Dimensions: 71X125
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 60000.0
  • Annual Operating Expense: 19350.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 8604.0
  • Tax Lot: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Dec 20, 2024
Sold by
Ford & Hl Hldgs Llc
Bought by
Southeast Usa 2 Llc
Seller's Agent
Leanne McCormack
BlueSky Properties
Buyer's Agent
Non-Member Agent
Non Member Office
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
14
Current Estimated Value
$341,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,417
Avg. Annual Appreciation
3.81%
Original Mortgage
$243,750
Outstanding Balance
$242,913
Interest Rate
6.81%
Mortgage Type
Commercial
Estimated Equity
$90,338

Purchase Details

Closed on
Jun 16, 2016
Sold by
Allen Carol and Allen Wilbur
Bought by
Ford & Hill Holdings Llc

Purchase Details

Listed on
Apr 2, 2015
Closed on
Jul 14, 2015
Sold by
Pietsch Michael
Bought by
Allen Wilber C
Seller's Agent
Stephen Colwell
Howard Hanna
Buyer's Agent
Stephen Colwell
Howard Hanna
List Price
$257,500
Sold Price
$240,000
Premium/Discount to List
-$17,500
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
Feb 25, 2009
Sold by
Laymon Timothy
Bought by
Pietsch Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,117
Interest Rate
5.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2003
Sold by
Bresee Bret E
Bought by
Laymon Nancy Jane

Purchase Details

Closed on
Jun 30, 2000
Sold by
Estate Quimette Margaret
Bought by
Bresee Bret
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $325,000 None Available
Executors Deed -- --
Deed $240,000 Eric Jervis
Deed $240,000 Eric Jervis
Deed $170,200 Steven Feuer
Quit Claim Deed -- Alicia Nemec
Quit Claim Deed -- Alicia Nemec
Deed $172,000 Henry L Hulbert
Deed $172,000 Henry L Hulbert
Deed $73,000 George Silvernell
Deed $73,000 George Silvernell
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,750 Commercial
Previous Owner $700,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $167,117 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $325,000 -7.1% $126 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $350,000 +45.8% $135 / Sq Ft
07/14/2015 07/14/15 Sold $240,000 -6.8% $69 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $257,500 -- $74 / 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 $15,233 $239,000 $20,400 $218,600
2023 $8,453 $239,000 $20,400 $218,600
2022 $8,193 $239,000 $20,400 $218,600
2021 $8,160 $239,000 $20,400 $218,600
2020 $14,237 $239,000 $20,400 $218,600
2019 $14,309 $239,000 $20,400 $218,600
2018 $14,309 $239,000 $20,400 $218,600
2017 $14,695 $239,000 $20,400 $218,600
2016 $13,095 $239,000 $20,400 $218,600
2015 -- $127,000 $11,000 $116,000
2014 -- $127,000 $11,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1550106

Otsego-Delaware Board of REALTORS®

APN: 361200-288-017-0003-088-000-0000