NOT LISTED FOR SALE

7 Prospect St Adams, NY 13605

Estimated Value: $58,000 - $185,613

6 Beds
2 Baths
2,208 Sq Ft
$64/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $138,700 $63 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,003/month

313 Days on Market

About This Home

As of August 2012

Great Spacious 2 family home that mirrors each other. An opportunity for you to own your own 3 bedroom home and rent out the other side to help pay your mortgage. Each side has an open kitchen/dining area, large living room, huge master, 2 additional bedrooms, full bath, 1 car attached garage, basement with washer/dryer hook-up and a nice yard. This great multi-fam is on a quiet street and close to schools/ shopping. One side has removed the carpet and refinished the hardwood floors. The other side has carpet but could be also done. Very low rents do not reflect the condition of this home.

Last Agent to Sell the Property

Jill Rosette

Listing by Bridgeview Real Estate License #30RO1036851 Listed on: 09/01/2011

Last Buyer's Agent

Kathy Cook

Listing by Door to Door Realty License #40CO0954859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,378

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 118 x 60

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Electric Cooktop
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes garage, no utilities
  • Assessor Parcel Number 112.36-3-6

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,378

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Age: 63
  • NY Swis Code: Adams-Village-222001
  • Total Assessed Value: 115500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • L P Per Acre: 811875.0000
  • List Price per Sq Ft: 58.8315
  • Nearest Cross Street: Rt 11
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 866875.00
  • Ratio Close Price By Sq Ft: 62.82
  • Ratio List Price By Acres: 811875.00
  • Ratio List Price By Sq Ft: 58.83
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Garage, No Utilities
  • School Tax: 999
  • Sale Price List Price: 1.0677
  • S P Per Acre: 866875.0000
  • S P Per Sq Ft: 62.8170
  • Sub Board Code: Jefferson-Lewis Board
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 129900.00
  • Village: Adams-Village
  • Year Built Description: Existing
  • Age of Building: 74
  • Year Built: 1948
  • Directions To Property: 7 Prospect St
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1948

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Range Hood-Exhaust Fan
  • Number of Rooms: 12
  • Total Sq Ft: 2208

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1600

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: South Jefferson

Lot Info

  • Parcel Number: 112.36-3-6

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2378

MLS Schools

  • School District Name: South Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2011
Closed on
Aug 16, 2012
Sold by
Zimmerman Justin
Bought by
Clemons Tammy
Seller's Agent
Jill Rosette
Bridgeview Real Estate
Buyer's Agent
Kathy Cook
Door to Door Realty
List Price
$147,900
Sold Price
$138,700
Premium/Discount to List
-$9,200
-6.22%
Current Estimated Value
$128,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,030
Avg. Annual Appreciation
-0.53%
Original Mortgage
$136,187
Outstanding Balance
$95,791
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$33,673

Purchase Details

Closed on
Aug 25, 2003
Sold by
Artus Janet
Bought by
Zimmerman Justin
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
Clemons Tammy $138,700 --
Zimmerman Justin $60,000 Eric Swartz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemons Tammy $136,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2012 08/16/12 Sold $138,700 -6.2% $63 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $147,900 -- $67 / Sq Ft
Source: Jefferson-Lewis 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 $3,584 $129,000 $14,600 $114,400
2023 $3,638 $129,000 $14,600 $114,400
2022 $3,659 $129,000 $14,600 $114,400
2021 $3,648 $129,000 $14,600 $114,400
2020 $3,656 $129,000 $14,600 $114,400
2019 $3,536 $129,000 $14,600 $114,400
2018 $3,536 $129,000 $14,600 $114,400
2017 $3,509 $129,000 $14,600 $114,400
2016 $3,488 $129,000 $14,600 $114,400
2015 -- $129,000 $14,600 $114,400
2014 -- $115,500 $14,500 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Jefferson-Lewis Board of REALTORS®

MLS Number: S259821

Jefferson-Lewis Board of REALTORS®

APN: 222001-112-036-0003-006-000