NOT LISTED FOR SALE

87 E Main St Johnstown, NY 12095

Estimated Value: $175,000 - $207,000

12 Beds
5 Baths
3,210 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $286,000 $89 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,228/month

17 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of September 2023

Investors Take Note! 2 Properties sold together! 5 Units Total! Fully rented with Great income opportunity. This property is part of a bundled property listing with 91 E Main Street, Johnstown NY 12095. Parcel/Tax ID#174.8-3-25

Last Agent to Sell the Property

Nathan Dortch

HS Capital Realty LLC License #10401320836 Listed on: 05/11/2023

Last Buyer's Agent

Scott Alvarez

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,461

Year Built

  • Built in 1920

Lot Details

  • 0.25

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,210 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Bathroom on Main Level
  • 5 Full Bathrooms

Additional Features

  • Lot Dimensions are 65 x 165
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 174.8-3-26

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,461

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: Head northwest on Cemetery St, continue onto Old Johnstown Rd, continue onto S Melcher St. Turn right onto South Comrie Ave and then turn left onto E Main St. Destination will be on the right.
  • Above Grade Finished Sq Ft: 3210.0
  • Lot Size: 65 x 165
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Rental Income: 2525.0
  • Rental Income Description: Monthly
  • Income: 4150.0
  • Income Description: Bundled
  • Levels Three Or More: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 5
  • Total Bedrooms: 12
  • Living Area: 3210.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 3rd
  • Full Basement: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Other Structures: Garage(s)
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Detached, Garage
  • Attached Garage: No
  • Open Parking: No
  • Total Parking Spaces: 2.0
  • Property Detail:Parking YN: No
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Johnstown

Lot Info

  • Parcel #: 174.8-3-26

Tax Info

  • Tax Annual Amount: 4461.0

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Sep 1, 2023
Sold by
Frenchys Consulting Llc
Bought by
Bharat Chandrawattie
Seller's Agent
Nathan Dortch
HS Capital Realty LLC
Buyer's Agent
Scott Alvarez
KW Platform
List Price
$178,999
Sold Price
$286,000
Premium/Discount to List
$107,001
59.78%
Views
57
Current Estimated Value
$189,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,132
Avg. Annual Appreciation
-16.06%
Original Mortgage
$112,500
Outstanding Balance
$109,871
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,997

Purchase Details

Closed on
May 18, 2022
Sold by
Lecount Richard J
Bought by
Frenchys Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2008
Sold by
Dutcher Michael
Bought by
Lecount Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2007
Sold by
Dutcher Michael
Bought by
Frenchy'S Consulting Llc

Purchase Details

Closed on
Mar 9, 2001
Sold by
Young Courtney
Bought by
Dutcher Michael

Purchase Details

Closed on
Feb 12, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bharat Chandrawattie $150,000 None Available
Bharat Chandrawattie $150,000 None Available
Bharat Chandrawattie $150,000 None Available
Frenchys Consulting Llc -- Chicago Title
Frenchys Consulting Llc -- Chicago Title
Frenchys Consulting Llc -- Chicago Title
Lecount Richard -- --
Lecount Richard -- --
Frenchy'S Consulting Llc $22,000 --
Frenchy'S Consulting Llc $22,000 --
Dutcher Michael $27,000 Michael Smrtic
Dutcher Michael $27,000 Michael Smrtic
-- $41,613 --
-- $41,613 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bharat Chandrawattie $112,500
Closed Bharat Chandrawattie $112,500
Previous Owner Frenchys Consulting Llc $182,000
Previous Owner Lecount Richard $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $286,000 -7.4% $89 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $308,998 +72.6% $96 / Sq Ft
05/11/2023 05/11/23 For Sale $178,999 -- $56 / Sq Ft
Source: Global 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 $2,846 $95,500 $18,800 $76,700
2023 $2,139 $76,000 $18,800 $57,200
2022 $2,119 $76,000 $18,800 $57,200
2021 $2,039 $76,000 $18,800 $57,200
2020 $2,067 $76,000 $18,800 $57,200
2019 $2,818 $76,000 $18,800 $57,200
2018 $2,818 $76,000 $18,800 $57,200
2017 $1,770 $76,000 $18,800 $57,200
2016 $1,735 $76,000 $18,800 $57,200
2015 -- $76,000 $18,800 $57,200
2014 -- $45,000 $11,800 $33,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nathan Dortch

    HS Capital Realty LLC

    Section Image

  • S

    Buyer's Agent in 2023

    Scott Alvarez

    KW Platform

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Map

Source: Global MLS

MLS Number: 202316451

Global MLS

APN: 170800-174-008-0003-026-000-0000

New York Fulton County Johnstown 12095

87 E Main St, Johnstown, NY

Not Listed for Sale

MultiFamily

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