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16 Phillips Street

16 Phillips Street, Amsterdam, NY 12010
Property in Amsterdam
Sold Jul 01, 2019
$108,000
$109,969 by Rocket Mortgage
Mortgage Due Mar 01, 2052
Sold Feb 27, 2007
$36,700
Hud
Seller
16 Phillips Street has been categorized by the local assessors in Amsterdam, NY as a residential type of property. The building on the property was first built in 1915 and is 109 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 3 stories. In addition, 16 Phillips Street has 2,556 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16 Phillips Street sold most recently in Jun 24, 2019 for a total of $108,000. If you work out the math, that's approximately a cost of $42.25 per sqft. Before that, the property was also sold for $36,700 in Oct 17, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,302 in taxes each year. 16 Phillips Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,000. If we break it down further, the land itself was valued at $1,300. Improvements to the property, however, were assessed at a total of $53,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,556
  • Gross Building Area: 2,556
  • Building Area: 2,556
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,556
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.143
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: RES L 50 X 125

Ownership

  • Current Owner : YAM TING
  • Previous Owner : RODRIGUEZ FRANCISCO A
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Amsterdam City School District
  • School Tax School District: AMSTERDAM CITY
  • Census Tract: 070400

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 0275230
  • District: 270100
  • Section: 39.19
  • Parcel: 270100 39.19-1-4
  • Block: 1
  • Lot: 4.000
  • Municipality: AMSTERDAM
  • Latitude: 42.9484
  • Longitude: -74.2018

    Address

  • Full Address: 16 Phillips St
  • Address - House Number: 16
  • Address - Street Name: Phillips
  • Address - Suffix Type: St
  • State: NY
  • City Name: Amsterdam
  • Carrier Code: C012
  • 4-Digit Zip Code: 1214
  • Zip Code: 12010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,302
  • Tax Rate Code Area: 270100

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 133,267
  • High Value: 155,586
  • Low Value: 110,947

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $232,375
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 08, 2022
  • First Open Lien Mortgage Loan Amount: $109,969
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052
  • Second Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Second Open Lien Mortgage Recording Date: Jul 01, 2019
  • Second Open Lien Mortgage Loan Amount: $112,406
  • Second Open Lien Mortgage Term: 348
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2048
  • Third Open Lien Mortgage Lender: BROADVIEW FEDERAL CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Dec 08, 2023
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $10,000
  • Third Open Lien Mortgage Term: 240
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Jan 01, 2044

    Market Valuation

  • Market Total Value: $127,907
  • Market Land Value: $3,023
  • Market Improvement Value: $124,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,000
  • Assessed Land Value: $1,300
  • Assessed Improvements Value: $53,700

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Transaction ID: 11651864784
  • Current Sale Price: $108,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 27, 2007
  • Previous Sale Contract Date: Oct 17, 2006
  • Previous Sale Amount: $36,700
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jul 01, 2019
  • First Mortgage Loan Amount: $112,406
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

About Amsterdam



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Frequently Asked Questions

What neighborhood is 16 Phillips Street located in?
The 16 Phillips Street is a located in the neighborhood of Amsterdam in Amsterdam, Amsterdam.
What is the average sales price for listings in 16 Phillips Street?
The average sales price for units in 16 Phillips Street is $0 currently.

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