NOT LISTED FOR SALE

725 W Liberty St Rome, NY 13440

Estimated Value: $122,000 - $152,464

5 Beds
2 Baths
1,906 Sq Ft
$70/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $111,300 $58 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $860/month

52 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Tile Flooring
  • Fenced Yard
  • Forced Air Cooling System
  • Property is near a bus stop

About This Home

As of March 2021

***Seller is Offering BUYER a $5000 CASH BONUS at closing!!!*** OUTSTANDING OPPORTUNITY! Beautifully maintained, income-producing, 2-family home with updates GALORE!! Live on the main level while your upstairs tenant pays the mortgage. Updated kitchen with Hickory cabinets, granite tile counter, Stainless appliances, and OPEN to the SPACIOUS dining & living rooms! HUGE Updated bathroom with jacuzzi tub, tiled walk-in shower, double vanity & Main Level Laundry!! Two bedrooms with walk-in closets. Walkout to large deck overlooking beautiful, fully fenced backyard. HUGE shed with storage loft & loads of parking! There's even room to build a garage! Vinyl siding (2016)!! Roof-complete tear-off (2016)!! High efficiency furnace & Central A/C (2018)!! Updated Double hung Pella windows throughout!! NEW water main! Two updated water heaters (1 in 2018)!! Upstairs rental is freshly painted & move-in ready. Kitchen is complete with stove & refrigerator, spacious living room, 2 bedrooms & updated bathroom ($675-$750). Upstairs heat is electric & tenant pays their own electricity. LOW TAXES... especially for a 2-unit!! Priced to SELL!

Last Agent to Sell the Property

Lori Frieden

Listing by Coldwell Banker Faith Properties R License #10401265563 Listed on: 11/23/2020

Coldwell Banker Faith Properties R

Last Buyer's Agent

Anthony Abone

Listing by Coldwell Banker Faith Properties R License #10301223171

Coldwell Banker Faith Properties R

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 1870

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 188 x 40
  • Fenced Yard
  • Rectangular Lot

Parking

  • Stone Driveway

Home Design

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

Interior Spaces

  • 1,906 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Schools

  • Gansevoort Elementary School
  • Lyndon H Strough Middle School
  • Rome Free Academy High School

Utilities

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

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes hot water, refuse removal, water
  • Tax Lot 3
  • Assessor Parcel Number 301301-242-006-0004-003-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,199

Year Built

Built in 1870

Lot Details

0

Listing Details

  • NY Swis Code: Rome-Inside-301301
  • Total Assessed Value: 53500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 188
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 3
  • Lot Shape: Rectangular
  • Nearest Cross Street: Frederick St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 618333.33
  • Ratio Close Price By Sq Ft: 58.39
  • Ratio List Price By Acres: 666111.11
  • Ratio List Price By Sq Ft: 62.91
  • Regional Board Code: Syracuse
  • Rent Includes: Hot Water, Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 1709
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7841
  • Age of Building: 152
  • Year Built: 1870
  • Above Grade Finished Sq Ft: 1906
  • Directions To Property: Follow Erie Blvd to N Jay St. Take a right, then left on W Liberty.
  • Sq Ft Total Pub: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Whirlpool Tub-Some
  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkup/Bulkhead Doors, Full
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1906

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Fully Fenced Yard, High Speed Internet, Thermal Windows - Some
  • Number of Acres: 0.1800

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: AC-Central, Forced Air, Radiant
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rome
  • Elementary School: Gansevoort Elementary
  • Middle School: Lyndon H Strough Middle
  • High School: Rome Free Academy

Lot Info

  • Parcel Number: 301301-242-006-0004-003-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5199

MLS Schools

  • Elementary School Name: Gansevoort Elementary
  • High School Name: Rome Free Academy
  • Middle School Name: Lyndon H Strough Middle
  • School District Name: Rome

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Mar 5, 2021
Sold by
Cimino Dominick
Bought by
Marti Cassandra J
Seller's Agent
Lori Frieden
Coldwell Banker Faith Properties R
Buyer's Agent
Anthony Abone
Coldwell Banker Faith Properties R
List Price
$139,900
Sold Price
$111,300
Premium/Discount to List
-$28,600
-20.44%
Current Estimated Value
$134,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,066
Avg. Annual Appreciation
4.26%
Original Mortgage
$109,283
Outstanding Balance
$98,409
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$35,957

Purchase Details

Closed on
May 13, 2003
Sold by
City Of Rome
Bought by
Cimino Dominick

Purchase Details

Closed on
Jan 10, 2003

Purchase Details

Closed on
Oct 22, 1998
Source: Public Records

Range of Values:

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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
Marti Cassandra J $111,300 None Available
Cimino Dominick -- --
-- $840 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marti Cassandra J $109,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $111,300 -7.2% $58 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/25/2020 12/25/20 Price Changed $119,900 -7.7% $63 / Sq Ft
12/05/2020 12/05/20 Price Changed $129,900 -7.1% $68 / Sq Ft
11/23/2020 11/23/20 For Sale $139,900 -- $73 / 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 $5,590 $53,500 $12,600 $40,900
2023 $1,514 $53,500 $12,600 $40,900
2022 $2,421 $53,500 $12,600 $40,900
2021 $2,346 $53,500 $12,600 $40,900
2020 $2,322 $53,500 $12,600 $40,900
2019 $534 $53,500 $12,600 $40,900
2018 $2,192 $53,500 $12,600 $40,900
2017 $2,142 $53,500 $12,600 $40,900
2016 $4,505 $53,500 $12,600 $40,900
2015 -- $53,500 $12,600 $40,900
2014 -- $53,500 $12,600 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1308916

Mid New York Regional MLS

APN: 242-006-0004-003-000-0000