NOT LISTED FOR SALE

7 Prospect St Seneca Falls, NY 13148

Estimated Value: $155,000 - $165,234

4 Beds
3 Baths
2,692 Sq Ft
$60/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $85,000 $32 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,123/month

70 Days on Market

Highlights

  • Finished Attic
  • Thermal Windows
  • 2 Car Garage
  • Full Attic
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of December 2019

Great Investment Property! Spacious two unit house is located on dead-end street with off road parking and two bay garage. Each apartment features two bedrooms and plenty of space/storage. Rear yard is partially fenced and used in common among Tenants. Property has been well maintained and professionally managed by The Young Agency. Excellent opportunity to live in one unit and let the income pay your mortgage OR makes as a great investment as well with solid Tenants. Please call for further information or to schedule your private tour.

Last Agent to Sell the Property

David Young

Listing by The Young Agency License #10491213279 Listed on: 07/01/2019

Last Buyer's Agent

Cheryl Bonnell

Listing by Coldwell Banker Finger Lakes License #30BO0891117

Coldwell Banker Finger Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,812

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 145 x 60
  • Partially Fenced Property

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,692 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Attic

  • Full Attic
  • Finished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Elizabeth Cady Stanton Elementary School
  • Seneca Falls Middle School
  • Mynderse Academy High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes cooking gas, heat, hot water, refuse removal, water
  • Tax Lot 28
  • Assessor Parcel Number 453289-003-000-0001-028-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,812

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Seneca Falls-453289
  • Total Assessed Value: 93600
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 145
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Number: 28
  • Nearest Cross Street: Cayuga Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 425000.00
  • Ratio Close Price By Sq Ft: 31.58
  • Ratio List Price By Acres: 449500.00
  • Ratio List Price By Sq Ft: 33.40
  • Regional Board Code: Rochester
  • Rent Includes: Cooking Gas, Heat, Hot Water, Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 2428
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 8712
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Cayuga Street to Prospect Street. Sign on premises.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Laundry- Separate Hook ups- Some, Sump Pump
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2692

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Partially Fenced Yard, Thermal Windows - Some
  • Number of Acres: 0.2000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 453289-003-000-0001-028-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3812

MLS Schools

  • Elementary School Name: Elizabeth Cady Stanton Elementary
  • High School Name: Mynderse Academy
  • Middle School Name: Seneca Falls Middle
  • School District Name: Seneca Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Dec 20, 2019
Sold by
Borg Margarette C
Bought by
Farley Brittany
Seller's Agent
David Young
The Young Agency
Buyer's Agent
Cheryl Bonnell
Coldwell Banker Finger Lakes
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$161,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,559
Avg. Annual Appreciation
11.10%
Original Mortgage
$83,435
Outstanding Balance
$74,468
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$87,091

Purchase Details

Closed on
Jun 3, 2010
Sold by
Murdock Thomas S
Bought by
Boig Nuvia G Margarette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,415
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1996
Sold by
Salerno John C
Bought by
Murdock Thomas S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farley Brittany $85,000 None Available
Boig Nuvia G Margarette C $89,901 Randall Marcus
Murdock Thomas S $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farley Brittany $83,435
Previous Owner Boig Nuvia G Margarette C $76,415
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $85,000 -5.5% $32 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $89,900 0.0% $33 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $89,900 -5.3% $33 / Sq Ft
07/01/2019 07/01/19 For Sale $94,900 -- $35 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $3,436 $110,000 $18,000 $92,000
2023 $34 $110,000 $18,000 $92,000
2022 $4,427 $93,600 $13,500 $80,100
2021 $4,398 $93,600 $13,500 $80,100
2020 $4,383 $93,600 $13,500 $80,100
2019 $6,412 $93,600 $13,500 $80,100
2018 $4,247 $93,600 $13,500 $80,100
2017 $4,202 $93,600 $13,500 $80,100
2016 $5,333 $93,600 $13,500 $80,100
2015 -- $90,000 $13,500 $76,500
2014 -- $90,000 $13,500 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1206886

Upstate New York Real Estate Information Services (UNYREIS)

APN: 453289-003-000-0001-028-000-0000