$77,000
SOLD JUN 15, 2023

70 Chestnut St Phoenix, NY 13135

4 Beds
2 Baths
1,500 Sq Ft
0.39 Acres

Recently Sold

$51 Per Sq Ft

4% Below List Price

1 Day on Market

Highlights

  • Forced Air Cooling System
  • Wall to Wall Carpet
  • 1-Story Property
  • Baseboard Heating

About This Home

As of January 2025

Great opportunity to own a strong cash-flowing duplex! One unit has been completely renovated. Plenty of parking for both tenants. Strong investment to start or add to your real estate portfolio. Both tenants are month to month and current!

Last Agent to Sell the Property

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 02/21/2023

Hunt Real Estate ERA

Last Buyer's Agent

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 02/21/2023

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 1959

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 200 x 85

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 7
  • Assessor Parcel Number 355401-314-005-0006-007-000-0000

Community Details

Overview

  • 2 Units
  • Section 31405 Community
  • Section 31405 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,450

Year Built

Built in 1959

Lot Details

0

Listing Details

  • NY Swis Code: Phoenix-Village-355401
  • Total Assessed Value: 55000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 200
  • Lot Dimension Front: 85
  • Lot Information: Neighborhood Street
  • Lot Number: 7
  • Nearest Cross Street: Cherry St
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 197284.14
  • Ratio Close Price By Sq Ft: 51.33
  • Ratio List Price By Acres: 204714.32
  • Ratio List Price By Sq Ft: 53.27
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 1868
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Village: Phoenix-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 17000
  • Age of Building: 64
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1500
  • Directions To Property: Off Chestnut
  • Sq Ft Total Pub: 1500
  • Subdivision Comm Complex: Section 31405
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1500

Exterior Features

  • Construction: Shake Shingle
  • Number of Acres: 0.3903

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Phoenix

Lot Info

  • Parcel Number: 355401-314-005-0006-007-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3450

MLS Schools

  • School District Name: Phoenix

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Jan 7, 2025
Sold by
4The4 Llc
Bought by
Hills Nicholas J
Seller's Agent
Dante Belmonte
Hunt Real Estate ERA
Buyer's Agent
Cassidy Wilcken
Howard Hanna Real Estate
List Price
$119,900
Sold Price
$91,000
Premium/Discount to List
-$28,900
-24.1%
Views
146
Current Estimated Value
$95,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,314
Avg. Annual Appreciation
2.15%

Purchase Details

Listed on
Feb 21, 2023
Closed on
Jun 6, 2023
Sold by
D & N Sodus Llc
Bought by
4 Tre 4 Llc
Seller's Agent
Dante Belmonte
Hunt Real Estate ERA
Buyer's Agent
Dante Belmonte
Hunt Real Estate ERA
List Price
$79,900
Sold Price
$77,000
Premium/Discount to List
-$2,900
-3.63%
Views
431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%

Purchase Details

Closed on
Sep 8, 1995
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $91,000 Independent Title Agency Llc
Deed $91,000 Independent Title Agency Llc
Warranty Deed $77,000 Chicago Title Syracuse
Warranty Deed $77,000 Chicago Title Syracuse
Interfamily Deed Transfer $55,000 --
Interfamily Deed Transfer $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $91,000 -24.1% $61 / Sq Ft
11/25/2024 11/25/24 For Sale $119,900 +55.7% $80 / Sq Ft
06/15/2023 06/15/23 Sold $77,000 -3.6% $51 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $79,900 +14.1% $53 / Sq Ft
07/10/2020 07/10/20 Sold $70,000 -6.7% $47 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $75,000 -- $50 / 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 $3,612 $55,000 $11,500 $43,500
2023 $2,739 $55,000 $11,500 $43,500
2022 $2,590 $55,000 $11,500 $43,500
2021 $3,369 $55,000 $11,500 $43,500
2020 $3,489 $55,000 $11,500 $43,500
2019 $3,453 $55,000 $11,500 $43,500
2018 $3,453 $55,000 $11,500 $43,500
2017 $2,604 $55,000 $11,500 $43,500
2016 $3,369 $55,000 $11,500 $43,500
2015 -- $55,000 $11,500 $43,500
2014 -- $55,000 $11,500 $43,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1456622

Central New York Information Services

APN: 355401-314-005-0006-007-000-0000