NOT LISTED FOR SALE

Estimated Value: $173,000 - $379,000

6 Beds
4 Baths
5,968 Sq Ft
$47/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2019

Last sale price $330,000 $55 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,926 / mo

99 Days on Market

Highlights

  • 1.36 Acre Lot
  • Forced Air Heating System
  • 1 Car Garage
  • Deck
  • Ceiling Fan
  • Community Storage Space

About This Home

As of April 2019

This investment property has a total of 5 rental units in three separate structures. There are 4 identical units with 3 beds 2 baths, and have an open concept kitchen to living room layout. They also have separate washer and dryer hookups, attached garage, and separate utilities. The 5th unit is a 1 bedroom and 1 bathroom loft. This unit also has a washer and dryer hookup and separate utilities. There is ample outdoor space for tenants use with 1.36 acres of land. There are also 2 large barns that could be rented out for storage. This property is located in Midlakes school district and is located in the town of Phelps.

Last Agent to Sell the Property

Kyle Olschewske

Listing by Coldwell Banker Finger Lakes License #10401321140 Listed on: 10/10/2018

Coldwell Banker Finger Lakes

Last Buyer's Agent

Danielle Clement

Listing by Tru Agent Real Estate License #10311210210

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,724

Year Built

  • Built in 1993

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 373x165

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,968 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup
  • Finished Basement

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • 5 Units
  • Community Storage Space

Listing and Financial Details

  • Rent includes common area maintenance, parking, snow removal, water
  • Assessor Parcel Number 324089-063-009-0001-005-200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,724

Year Built

Built in 1993

Lot Details

1.36 Acres

Parking

1

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Parking, Snow Removal, Water
  • Year Built: 1993
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: From Rt. 14, heading north towards the New York State Thruway, turn left and in about a mile the house will be on your right. From Pre Emption, heading north towards 96, turn right onto Cross Rd and the house will be on your left.
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Gas Range, Refrigerator
  • Basement: Finished
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 1.36
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway, Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Three or more Spaces, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Storage Facilities

Schools

  • Junior High Dist: Phelps-Clifton Springs (Midlakes)

Lot Info

  • Parcel Number: 324089-063-009-0001-005-200
  • Lot Dimensions: 373X165
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 9724.0

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
Oct 10, 2018
Closed on
Apr 5, 2019
Sold by
Darby Sky Holdings Inc
Bought by
Seller's Agent
Kyle Olschewske
Coldwell Banker Finger Lakes
Buyer's Agent
Danielle Clement
Tru Agent Real Estate
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$277,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,239
Avg. Annual Appreciation
-2.29%
Original Mortgage
$247,500
Outstanding Balance
$200,549
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$77,212

Purchase Details

Closed on
Jan 8, 1996
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
$146,000 --
-- -- --
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 $145,314
Open 14513 Properties Llc $247,500
Closed 14513 Properties Llc $247,500
Previous Owner Nagpaul Arun $232,000
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
04/04/2019 04/04/19 Sold $330,000 -5.7% $55 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
10/10/2018 10/10/18 For Sale $350,000 -- $59 / 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 $4,729 $146,000 $15,600 $130,400
2024 $4,729 $146,000 $15,600 $130,400
2023 $4,793 $146,000 $15,600 $130,400
2022 $4,519 $146,000 $15,600 $130,400
2021 $4,510 $146,000 $15,600 $130,400
2020 $8,200 $138,700 $15,600 $123,100
2019 -- $138,700 $15,600 $123,100
2018 $4,543 $138,700 $15,600 $123,100
2017 $4,534 $138,700 $15,600 $123,100
2016 $4,521 $134,500 $15,600 $118,900
2015 -- $134,500 $15,600 $118,900
2014 -- $134,500 $15,600 $118,900
Source: Public Records

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Map

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

MLS Number: R1153398

Upstate New York Real Estate Information Services (UNYREIS)

APN: 324089-063-009-0001-007-000

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