Score
0Plattsburgh, NY
61 Maryland Rd
215K
3 beds
3 baths
1,549 sqft
3 bd • 3 ba • 1,549 sf
This analysis was generated on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
List Price
$215,000
Price/Sq.Ft
$139
Year Built
1952
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This end-unit townhouse at 61 Maryland Rd, Plattsburgh, NY offers excellent value at $138.80/sqft, which is significantly below the average price for similar properties in the area. The property has seen substantial appreciation, with a 34.5% increase in value since 2021. Recent renovations include a beautifully remodeled kitchen with granite countertops, new cabinetry, and stainless steel appliances, estimated at $20,000-$25,000 in value. The entire interior has been freshly painted, and bathrooms have been updated with new fixtures, adding approximately $10,000 in value. The property boasts very low climate risk scores, with flood (1/10), fire (1/10), and wind (1/10) risks all minimal, which is better than the area average and could lead to lower insurance premiums. The attached one-car garage, recently insulated and painted, adds both value and functionality. The enclosed patio with pavers and a retractable awning provides additional living space, estimated at $5,000-$7,000 in value.
The Bad
While the property has many positive attributes, there are some potential drawbacks. The house was built in 1952, making it 73 years old, which could mean higher maintenance costs in the future. The HOA fees, while including several services, are not specified in the provided information, which could be a significant monthly expense. The property's heat risk is moderate (3/10), with 7 hot days per year and a 98th percentile temperature of 93°F, which may necessitate increased cooling costs during summer months. The local schools have average ratings (3/10 for elementary, 5/10 for middle and high school), which might be a concern for families with school-age children. The property has been on the market for 16 days, which is slightly above the average for the area, potentially indicating some buyer hesitation.
The Ugly
The most significant concern is the potential for hidden issues due to the property's age. At 73 years old, major systems like plumbing, electrical, and HVAC may need replacement soon if they haven't been updated recently. The cost for these updates could range from $15,000 to $30,000 or more. The moderate heat risk (3/10) could lead to increased energy costs and potential comfort issues during hot summer days. The property's appreciation rate, while positive, may not be sustainable long-term, and there's a risk of market correction. The lack of specific information about HOA fees is concerning, as these could be substantial and impact the overall affordability of the property. Additionally, the proximity to SUNY Plattsburgh could lead to potential noise issues and a transient neighborhood feel, which may not appeal to all buyers.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for first-time homebuyers or young professionals looking for a move-in ready home with recent updates. It's ideal for those who value a low-maintenance lifestyle, as the HOA covers several exterior maintenance aspects. The property would also appeal to downsizers or retirees who appreciate the single-level living and manageable size. Investors could find this property attractive due to its recent appreciation and potential for rental income, especially given its proximity to SUNY Plattsburgh. The end-unit location and attached garage make it suitable for those who prioritize privacy and convenience. Buyers who appreciate a blend of modern updates in a established neighborhood would find this property particularly appealing.
Not For
This property is not ideal for large families needing more than three bedrooms or those requiring extensive outdoor space. Buyers looking for new construction or homes with no immediate maintenance needs may find the property's age (73 years) concerning. It's also not suitable for those seeking a rural or very quiet setting, given its location in a townhouse community. Individuals with mobility issues might find the two-story layout challenging. High-end luxury buyers looking for premium finishes throughout or extensive square footage would likely find this property lacking. Those seeking to avoid HOA fees or desiring complete control over exterior maintenance and landscaping should look elsewhere.
Demographics
Area Median Income
$0
Property History
Price History
Ownership Timeline
$159,900Financed
May 24, 2021Bonnie J MccaslandRaymond E Delpozo, Barbara E Delpozo
Warranty Deed
Standard Sale (Purchase/Resales)
$130,000Cash Purchase
Jan 19, 2017Living Trust Dated7/ Theresa L PassantinBonnie Mccasland
Deed
Standard Sale (Purchase/Resales)
$112,000Cash Purchase
Jan 31, 2013Mark DameTheresa Passantino Living Trust
Deed
Standard Sale (Purchase/Resales)
Property Taxes
$0
2023 Tax Assessment
Assessed Value$170,500
Tax Rate0.00%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
3.0/10
Below AverageMiddle
5.0/10
AverageHigh
5.0/10
AverageFinancials
Monthly Costs
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$215,000
Price/sqft
$139
Layout
3 bd•3 ba
Days on market
16 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$215,333
0.2%
Your price is 0.2% below average
Median Price
$212,500
1.2%
Based on 6 recent sales
Price per Sq.Ft
$142
2.3%
Your price is 2.3% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 45 Maine Road, Plattsburgh, NY 12903 | $189,000 | 1,547 | 3 | 3 | $12212.0% | 12/15/2024 |
| 32 Maryland Road, Plattsburgh, NY 12903 | $195,500 | 1,549 | 3 | 3 | $1269.1% | 10/4/2024 |
| 10 Baltimore Way, Plattsburgh, NY 12903 | $212,500 | 1,549 | 3 | 3 | $1371.2% | 9/12/2024 |
| 98 Maryland Road, Plattsburgh, NY 12903 | $215,000 | 1,549 | 3 | 3 | $1390.0% | 8/6/2024 |
| 10 Monty St Street, Plattsburgh, NY 12901 | $130,000 | 1,479 | 4 | 2 | $8836.7% | 10/30/2024 |
| 83 Maryland Road, Plattsburgh, NY 12903 | $350,000 | 1,454 | 3 | 2 | $24173.4% | 9/14/2024 |
45 Maine Road, Plattsburgh, NY 12903
Price: $189,000
Sq.Ft: 1,547
Beds/Baths: 3/3
$/Sq.Ft:
$12212.0%
Sale Date: 12/15/2024
32 Maryland Road, Plattsburgh, NY 12903
Price: $195,500
Sq.Ft: 1,549
Beds/Baths: 3/3
$/Sq.Ft:
$1269.1%
Sale Date: 10/4/2024
10 Baltimore Way, Plattsburgh, NY 12903
Price: $212,500
Sq.Ft: 1,549
Beds/Baths: 3/3
$/Sq.Ft:
$1371.2%
Sale Date: 9/12/2024
98 Maryland Road, Plattsburgh, NY 12903
Price: $215,000
Sq.Ft: 1,549
Beds/Baths: 3/3
$/Sq.Ft:
$1390.0%
Sale Date: 8/6/2024
10 Monty St Street, Plattsburgh, NY 12901
Price: $130,000
Sq.Ft: 1,479
Beds/Baths: 4/2
$/Sq.Ft:
$8836.7%
Sale Date: 10/30/2024
83 Maryland Road, Plattsburgh, NY 12903
Price: $350,000
Sq.Ft: 1,454
Beds/Baths: 3/2
$/Sq.Ft:
$24173.4%
Sale Date: 9/14/2024
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