NOT LISTED FOR SALE

74 Ford Ave Oneonta, NY 13820

Estimated Value: $230,000 - $326,000

5 Beds
2 Baths
2,076 Sq Ft
$127/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $245,000 $118 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,788/month

49 Days on Market

Highlights

  • Property is near public transit
  • Furnished
  • Forced Air Heating System
  • Wood Flooring
  • Programmable Thermostat
  • 2 Car Garage

About This Home

As of October 2024

74 Ford Ave - FULLY RENTED FOR 23-24 AND 24-25 SCHOOL YEARS! 2 fam - 5 bedrooms/2 Baths List Price $259,900 Cap Rate 12.28% This well-maintained home offers two fully furnished apartments. Amenities include wood floors throughout and on site laundry. There is off street parking, a large front porch and back yard to enjoy outdoor activities! Located on a quiet street just a short walk to downtown Main Street, restaurants and stores. A few houses down from Hometown Deli & Grocery! Close to college campus and bus routes. Owner is a licensed real estate agent. 24-25 Signed Leased GROSS INCOME = $44,650 EXPENSES = $12,713 Land & School Taxes = $4,806 Insurance = $1,500 Heat/Electric = $3564 Cable/Internet = $1,132 Garbage = $480 Water = $1231 NET INCOME = $31,937

Last Agent to Sell the Property

Timothy Sagasti

Listing by Dudley Realty Inc Brokerage Phone: (607) 431-8181 License #10401260206 Listed on: 04/03/2024

Co-Listed By

Jeffrey Dudley

Listing by Dudley Realty Inc Brokerage Phone: (607) 431-8181 License #10311204008

Last Buyer's Agent

Teresa Howell

Listing by Yaman Real Estate License #10301200208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x117

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,076 Sq Ft Home
  • 2-Story Property
  • Furnished

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes all utilities, electricity, gardener, heat, hot water, snow removal, trash collection, cable TV, water
  • Tax Lot 17
  • Assessor Parcel Number 361200-288-018-0001-017-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,806

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities, Electricity, Gardener, Heat, Hot Water, Snow Removal, Trash Collection, Cable TV, Water
  • Year Built: 1910
  • Attribution Contact: (607) 431-8181
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: ODDRI
  • Co List Office Phone: 607-431-8181
  • Directions: From Main Street- Turn north onto Ford ave. The house is 3rd on the right after Spruce Street
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Programmable Thermostat
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.13
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Paved, Two or More Spaces

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: Oneonta

Lot Info

  • Parcel Number: 361200-288-018-0001-017-000-0000
  • Lot Dimensions: 50X117
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4806.0
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Oct 25, 2024
Sold by
Jokar 74 Ford Llc
Bought by
Polar Oneonta Llc
Seller's Agent
Timothy Sagasti
Dudley Realty Inc
Buyer's Agent
Teresa Howell
Yaman Real Estate
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%
Views
88
Current Estimated Value
$264,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,352
Avg. Annual Appreciation
6.54%
Original Mortgage
$196,000
Outstanding Balance
$194,038
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,314

Purchase Details

Closed on
May 14, 2020
Sold by
Karpinski Christopher J and Karpinski Joanne
Bought by
Jokar 74 Ford Llc

Purchase Details

Closed on
Nov 29, 2000
Sold by
Tannenbaum Susan L Jordan M
Bought by
Marcella Audrey
Source: Public Records
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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
Polar Oneonta Llc $245,000 None Available
Jokar 74 Ford Llc -- None Available
Jokar 74 Ford Llc -- None Available
Marcella Audrey $76,500 Richard Mc Vinney
Marcella Audrey $76,500 Richard Mc Vinney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polar Oneonta Llc $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $245,000 -5.7% $118 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $259,900 0.0% $125 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $259,900 +79.2% $125 / Sq Ft
02/04/2016 02/04/16 Sold $145,000 -12.1% $70 / Sq Ft View Prior Sale
09/28/2015 09/28/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $164,900 -- $79 / Sq Ft
Source: Otsego-Delaware Board of REALTORS®

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 $4,864 $131,000 $14,100 $116,900
2023 $4,807 $131,000 $14,100 $116,900
2022 $4,497 $131,000 $14,100 $116,900
2021 $4,479 $131,000 $14,100 $116,900
2020 $4,499 $131,000 $14,100 $116,900
2019 $4,358 $131,000 $14,100 $116,900
2018 $4,358 $131,000 $14,100 $116,900
2017 $4,310 $131,000 $14,100 $116,900
2016 $4,257 $131,000 $14,100 $116,900
2015 -- $79,000 $6,500 $72,500
2014 -- $79,000 $6,500 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1529745

Otsego-Delaware Board of REALTORS®

APN: 361200-288-018-0001-017-000-0000