NOT LISTED FOR SALE

721 N James St Rome, NY 13440

Estimated Value: $168,000 - $243,394

7 Beds
4 Baths
3,194 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $200,000 $63 Per Sq Ft

Current estimated payment $1,471/month

3 Days on Market

Highlights

  • Deck
  • Partial Attic
  • Cedar Closet
  • Wood Flooring
  • Balcony
  • 3-minute walk to Lee Town Park

About This Home

As of September 2023

Conveniently located in the geographical center of NYS at the foothills of the Adirondacks
721 was built just before Rome Air Depot in 1942, now known as Griffiss Business & Technologies Park. Located between North James Street and Summit Avenue is a 3 unit building with a detached 2 story garage with a carport, plus plenty of parking. The current owners have updated the house and grounds as you can see in the photos.
Each apartment has their own entrance and porch/deck area. A total of 3194 square footage, to enjoy has a family home with additional apartments for loved ones. Or consider as a rental business.
Apartment #1, located on the first floor, has 2 bedrooms, living/dining room, and a shared rear ramp entrance.
Apartment #2, located on the first floor-rear, has 2 bedrooms, breakfast bar, living room, and a private porch.
Apartment #3, located on the 2nd & 3rd floor, has 3 bedrooms, laundry room with plenty of cabinets & full sink including the washer and dryer, large spacious fully appliance kitchen with a dishwasher, and a third floor that is used as an office. Can you believe this apartment has 2 full baths!?!

Last Agent to Sell the Property

Lisa Filletti

Listing by Coldwell Banker Faith Properties License #40FI0815822 Listed on: 07/07/2023

Coldwell Banker Faith Properties

Last Buyer's Agent

Christy Harlander

Listing by Coldwell Banker Faith Properties License #10401348076

Coldwell Banker Faith Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,598

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 200 x 40

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Metal Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 3,194 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Cedar Closet
  • 4 Full Bathrooms

Parking

  • 3 Car Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Additional Features

  • Accessible Ramps
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 301301-242-027-0001-056-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,598

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Accessibility: Ramp
  • NY Swis Code: Rome-Inside-301301
  • Total Assessed Value: 53500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 200
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 56
  • Nearest Cross Street: Summit Ave
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1111111.11
  • Ratio Close Price By Sq Ft: 62.62
  • Ratio List Price By Acres: 1277777.78
  • Ratio List Price By Sq Ft: 72.01
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt, Metal
  • School Tax: 1857
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7841
  • Age of Building: 83
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 3194
  • Directions To Property: North James Street, between Vine street & West Garden. Garage Entrance From Summit Ave.
  • Sq Ft Total Pub: 3194
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 4
  • Additional Interior Features: Cedar Closets, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Electrical Fuses - some, Natural Woodwork - some
  • Attic Description: Partial, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 4.00
  • Total Bedrooms: 7
  • Total Sq Ft: 3194

Exterior Features

  • Construction: Vinyl, Wood
  • Additional Exterior Features: Balcony, Cable TV Available, Deck, Garage Door Opener
  • Number of Acres: 0.1800

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rome

Lot Info

  • Parcel Number: 301301-242-027-0001-056-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 6598

MLS Schools

  • School District Name: Rome

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 13, 2023
Sold by
Butler Shawn C and Butler Angela L
Bought by
Nutting Tyler
Seller's Agent
Lisa Filletti
Coldwell Banker Faith Properties
Buyer's Agent
Christy Harlander
Coldwell Banker Faith Properties
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
379
Current Estimated Value
$200,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599
Avg. Annual Appreciation
-0.47%
Original Mortgage
$142,500
Outstanding Balance
$140,115
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$58,104

Purchase Details

Closed on
Jan 15, 2010
Sold by
Kirkum Richard S
Bought by
Butler Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
4.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2000
Sold by
Troutman Norma J
Bought by
Kirkum Richard Stanley
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
Nutting Tyler $200,000 None Available
Butler Shawn $125,000 Chris Kendall
Kirkum Richard Stanley $5,000 Charles Engelkiecht
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nutting Tyler $142,500
Previous Owner Butler Angela L $122,735
Previous Owner Butler Shawn $122,735
Previous Owner Kirkum Richard S $15,781
Previous Owner Kirkum Richard $36,444
Previous Owner Kirkum Richard $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $200,000 -13.0% $63 / Sq Ft
07/07/2023 07/07/23 For Sale $230,000 -- $72 / Sq Ft
Source: Mid New York Regional MLS

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 $4,537 $53,500 $15,000 $38,500
2023 $1,201 $53,500 $15,000 $38,500
2022 $1,201 $53,500 $15,000 $38,500
2021 $5,649 $53,500 $15,000 $38,500
2020 $542 $53,500 $15,000 $38,500
2019 $534 $53,500 $15,000 $38,500
2018 $1,008 $53,500 $15,000 $38,500
2017 $5,022 $53,500 $15,000 $38,500
2016 $5,022 $53,500 $15,000 $38,500
2015 -- $53,500 $15,000 $38,500
2014 -- $53,500 $15,000 $38,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1482956

Mid New York Regional MLS

APN: 242-027-0001-056-000-0000