$65,000
SOLD MAY 9, 2025

8 Francis St Malone, NY 12953

-- Bed
-- Bath
2,756 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

43% Below List Price

Highlights

  • Wood Flooring
  • High Ceiling
  • Double Pane Windows
  • Old Style Architecture
  • Covered Patio or Porch
  • Heating System Uses Propane

About This Home

As of May 2025

Charming brick triplex home nestled in the heart of the village of Malone. As you approach the home, you'll be greeted by its classic brick facade, exuding a sense of timeless elegance. Each of the three units boasts its own distinct charm and character, providing a versatile space for comfortable living or rental income potential. The open layout of each unit allows for seamless flow between the living spaces, kitchen areas, and bedrooms, accommodating various lifestyles. Enjoy the convenience of local amenities, shops, and dining options just a short distance away. Whether you're looking to invest in a rental property or establish roots in a small community, this brick triplex home in the village of Malone presents a wonderful opportunity to experience the best of village living. Great investment opportunity with three apartments and new electric hook ups & solid foundatio. Seller is motivated to sell!

Last Agent to Sell the Property

Joanna Brown

Northern Adirondack Realty License #40BR1070352 Listed on: 05/24/2024

Last Buyer's Agent

Joanna Brown

Northern Adirondack Realty License #40BR1070352 Listed on: 05/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,230

Year Built

  • Built in 1880

Home Design

  • Triplex
  • Old Style Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Metal Roof

Interior Spaces

  • 2,756 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • 200+ Amp Service
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 112.40-4-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,230

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: From Main st. Take Webster St. Francis St is second on the left. Home is across from Malone Middle School
  • Architectural Style: Old Style
  • Garage Yn: No
  • Unit Levels: Two
  • Structure Type: Multi Family
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Has Basement: Full, Unfinished
  • Flooring: Hardwood, Laminate
  • Interior Amenities: High Ceilings
  • Window Features: Double Pane Windows, Vinyl Clad Windows
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt, Metal
  • Construction Materials:Brick: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Vinyl Clad Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Propane
  • Water Source: Public
  • Heating:Propane2: Yes

Schools

  • Junior High Dist: Malone

Lot Info

  • Parcel #: 112.40-4-5

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 3229.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2025
Sold by
Scott Paul
Bought by
Sfh3 Llc
Current Estimated Value
$95,853

Purchase Details

Listed on
May 24, 2024
Closed on
Apr 23, 2025
Sold by
Karabegovic Indira and Karabegovic Dzenan
Bought by
Scott Paul
Seller's Agent
Joanna Brown
Northern Adirondack Realty
Buyer's Agent
Joanna Brown
Northern Adirondack Realty
List Price
$115,000
Sold Price
$65,000
Premium/Discount to List
-$50,000
-43.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.25%

Purchase Details

Closed on
Jul 27, 2006
Sold by
Epstein Gary F
Bought by
Karabegovic Dzenan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $65,000 None Listed On Document
Deed $67,500 Thomas Larocque
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $54,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $65,000 -18.8% $24 / Sq Ft
03/25/2025 03/25/25 Price Changed $80,000 -15.8% $29 / Sq Ft
08/02/2024 08/02/24 Price Changed $95,000 -17.4% $34 / Sq Ft
05/24/2024 05/24/24 For Sale $115,000 -- $42 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
Source: Adirondack-Champlain Valley 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 $3,477 $62,900 $7,400 $55,500
2023 $3,323 $62,900 $7,400 $55,500
2022 $3,208 $62,900 $7,400 $55,500
2021 $3,219 $62,900 $7,400 $55,500
2020 $8,431 $62,900 $7,400 $55,500
2019 $7,755 $62,900 $7,400 $55,500
2018 $5,931 $62,900 $7,400 $55,500
2017 $6,892 $62,900 $7,400 $55,500
2016 $6,411 $62,900 $7,400 $55,500
2015 -- $62,900 $7,400 $55,500
2014 -- $62,900 $7,400 $55,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 201937

APN: 164801-112-040-0004-005-000-0000