NOT LISTED FOR SALE
-- Bed
-- Bath
3,216 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: October 4, 2016

Last sale price $107,000 $33 Per Sq Ft

6 Days on Market

Highlights

  • Forced Air Heating System
  • 1 Car Garage
  • Carpet

About This Home

As of October 2016

Great Investment with a Net Operating Income of $19,405 and a Cap Rate of 18%. All utilities are separate, landlord only pays for water/sewer, trash, insurance and taxes.

Last Agent to Sell the Property

Matthew Parrott

Listing by Coldwell Banker Finger Lakes License #10491204488 Listed on: 06/30/2016

Coldwell Banker Finger Lakes

Last Buyer's Agent

Karen Robideau

Listing by Keuka Lake & Land Realty License #40RO1064333

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 40x198

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes gardener, parking, snow removal, water
  • Assessor Parcel Number 320500-104-057-0001-019-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $2,894
  • Gross Income $26,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,801

Year Built

Built in 1900

Lot Details

7,841 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Parking, Snow Removal, Water
  • Year Built: 1900
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: West side of Grove street
  • Architectural Style: Fourplex
  • Flooring: Carpet, Linoleum, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Partial
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Gravel, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Geneva

Lot Info

  • Parcel Number: 320500-104-057-0001-019-000-0000
  • Lot Dimensions: 40X198
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 26100.0
  • Annual Operating Expense: 2894.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 3801.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Oct 4, 2016
Sold by
Bought by
Seller's Agent
Matthew Parrott
Coldwell Banker Finger Lakes
Buyer's Agent
Karen Robideau
Keuka Lake & Land Realty
List Price
$110,000
Sold Price
$107,000
Premium/Discount to List
-$3,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Outstanding Balance
$66,684
Interest Rate
3.43%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$107,000 Paul Bleakley
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $85,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2016 10/04/16 Sold $107,000 -2.7% $33 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $110,000 -- $34 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,524 $190,600 $15,900 $174,700
2024 $6,524 $190,600 $15,900 $174,700
2023 $5,123 $107,000 $13,100 $93,900
2022 $4,841 $107,000 $13,100 $93,900
2021 $4,766 $107,000 $13,100 $93,900
2020 $2,246 $107,000 $13,100 $93,900
2019 $0 $81,500 $4,900 $76,600
2018 $1,854 $81,500 $4,900 $76,600
2017 $0 $81,500 $4,900 $76,600
2016 $1,775 $81,500 $4,900 $76,600
2015 -- $81,500 $4,900 $76,600
2014 -- $81,500 $4,900 $76,600
Source: Public Records

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Map

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

MLS Number: R310525

Upstate New York Real Estate Information Services (UNYREIS)
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