NOT LISTED FOR SALE

7371 E Main St Westmoreland, NY 13490

Estimated Value: $120,000 - $197,242

2 Beds
2 Baths
1,260 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $85,000 $67 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,138/month

173 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Deck
  • Forced Air Cooling System
  • Westmoreland Primary Elementary School Rated A-
  • Partial Attic
  • Baseboard Heating

About This Home

As of August 2021

Very Well Maintained 2-Family House in Westmoreland School District with a 2-car Detached garage and a large, paved driveway. New insulated siding and newer windows. 2 long term tenants currently occupy the property. The 1st floor has 2 bedrooms, the 2nd Floor is a 1 Bedroom Rental. Property Borders Deans Creek.

Last Agent to Sell the Property

Michael Rahn

Listing by Pondras Homes & Hearth Realty LLC License #10401256732 Listed on: 10/07/2020

Last Buyer's Agent

Michael Rahn

Listing by Pondras Homes & Hearth Realty LLC License #10401256732 Listed on: 10/07/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,754

Year Built

  • Built in 1850

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150 x 315
  • 150 Feet of Waterfront
  • River Front
  • Rural Setting

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Partial Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, snow removal, water
  • Tax Lot 19
  • Assessor Parcel Number 306800-302-004-0002-019-002-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,754

Year Built

Built in 1850

Lot Details

0

Listing Details

  • NY Swis Code: Westmoreland-306800
  • Total Assessed Value: 54800
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 315
  • Lot Information: Rural Road
  • Lot Number: 19
  • Nearest Cross Street: Rte 233
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 85000.00
  • Ratio Close Price By Sq Ft: 67.46
  • Ratio List Price By Acres: 149000.00
  • Ratio List Price By Sq Ft: 118.25
  • Regional Board Code: Syracuse
  • Rent Includes: Grounds Maintenance, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 2033
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 43560
  • Age of Building: 172
  • Year Built: 1850
  • Above Grade Finished Sq Ft: 1260
  • Directions To Property: Property is across from Knuckleheads Brewhouse. Turn onto E.Main street off of rte 233, home is on the left.
  • Sq Ft Total Pub: 1260
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1850

Interior Features

  • Attic Description: Crawl Space, Partial
  • Basement Description: Partial
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1260

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Deans Creek
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 1.0000
  • Waterfront Description: River/Stream/Creek
  • Waterfront Frontage: 150

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: Electric, Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 306800-302-004-0002-019-002-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2754

MLS Schools

  • School District Name: Westmoreland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Jul 29, 2021
Sold by
Lyon Jon M
Bought by
Klis Jason L
Seller's Agent
Michael Rahn
Pondras Homes & Hearth Realty LLC
Buyer's Agent
Michael Rahn
Pondras Homes & Hearth Realty LLC
List Price
$159,000
Sold Price
$85,000
Premium/Discount to List
-$74,000
-46.54%
Current Estimated Value
$170,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,311
Avg. Annual Appreciation
16.90%

Purchase Details

Listed on
Aug 12, 2013
Closed on
Jul 28, 2014
Sold by
Mason Hunt Stephanie
Bought by
Lyon Jon M
Seller's Agent
Pondra Bowen
Pondras Homes & Hearth Realty LLC
Buyer's Agent
Michael Rahn
Pondras Homes & Hearth Realty LLC
List Price
$97,500
Sold Price
$96,500
Premium/Discount to List
-$1,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.79%
Original Mortgage
$93,279
Interest Rate
4.18%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2005
Sold by
Wallace Michael B
Bought by
Hunt Stephanie J

Purchase Details

Closed on
Apr 25, 2003
Sold by
Federal National Mortgage Association
Bought by
Wallace Michael B

Purchase Details

Closed on
Jan 8, 2003
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
Klis Jason L $85,000 None Available
Lyon Jon M $96,500 Kathleen Joy
Hunt Stephanie J $98,000 --
Wallace Michael B $45,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyon Jon M $93,279
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2021 08/11/21 Sold $85,000 -43.0% $67 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
11/25/2020 11/25/20 Price Changed $149,000 -6.3% $118 / Sq Ft
10/07/2020 10/07/20 For Sale $159,000 +64.8% $126 / Sq Ft
07/28/2014 07/28/14 Sold $96,500 -1.0% $77 / Sq Ft View Prior Sale
06/19/2014 06/19/14 Pending -- -- --
08/12/2013 08/12/13 For Sale $97,500 -- $77 / 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 $3,066 $54,800 $11,000 $43,800
2023 $3,006 $54,800 $11,000 $43,800
2022 $2,933 $54,800 $11,000 $43,800
2021 $2,774 $54,800 $11,000 $43,800
2020 $2,755 $54,800 $11,000 $43,800
2019 $1,874 $54,800 $11,000 $43,800
2018 $1,881 $54,800 $11,000 $43,800
2017 $1,874 $54,800 $11,000 $43,800
2016 $1,901 $54,800 $11,000 $43,800
2015 -- $54,800 $11,000 $43,800
2014 -- $54,800 $11,000 $43,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1299595

Mid New York Regional MLS

APN: 302-004-0002-019-002-0000