NOT LISTED FOR SALE

Estimated Value: $102,000 - $177,000

3 Beds
2 Baths
2,054 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $35,000 $17 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $769/month

116 Days on Market

Highlights

  • Deck
  • Full Attic
  • Woodwork
  • Wood Flooring
  • Balcony
  • Forced Air Cooling System

About This Home

As of February 2018

Investor owned tenant occupied two-family being sold in as is condition. Excellent for first time home owner or investor. Investment rehab programs available with cash flow already in place. Located just steps from Centro transportation with easy access to Syracuse University, major hospitals and downtown Syracuse. Upstairs apartment vacant and on electronic entry with key to basement.

Last Agent to Sell the Property

Dwight Hicks

Listing by Hicks Realty & Associates LLC License #10491206322 Listed on: 08/05/2017

Last Buyer's Agent

SCOTT SEVERANCE

Listing by Scott Severance Real Estate License #37SE0922852

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 132 x 50
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Drapes & Rods
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a bus stop

Schools

  • Mckinley-Brighton Magnet Elementary School
  • Danforth Magnet Middle School
  • Corcoran High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 15
  • Assessor Parcel Number 311500-077-000-0004-015-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 38000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 50
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 15
  • Lot Shape: Rectangular
  • Nearest Cross Street: South Salina
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 231023.10
  • Ratio Close Price By Sq Ft: 17.04
  • Ratio List Price By Acres: 256765.68
  • Ratio List Price By Sq Ft: 18.94
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 659
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6600
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Take Salina Street South, cross Colvin Street make a left on Elk, home on your left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some, Pex Plumbing- Some, Storage
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding- Some, Oven/Range Gas-Some, Refrigerator
  • Total Sq Ft: 2054

Exterior Features

  • Construction: Aluminum/Steel, Vinyl, Wood
  • Additional Exterior Features: Balcony, Cable TV Available, Deck, Partially Fenced Yard
  • Number of Acres: 0.1515

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse
  • Elementary School: McKinley-Brighton Magnet Elementary
  • Middle School: Danforth Magnet Middle
  • High School: Corcoran High

Lot Info

  • Parcel Number: 311500-077-000-0004-015-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2139

MLS Schools

  • Elementary School Name: McKinley-Brighton Magnet Elementary
  • High School Name: Corcoran High
  • Middle School Name: Danforth Magnet Middle
  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2017
Closed on
Feb 22, 2018
Sold by
Smith Edward E and Smith Patrcia J
Bought by
Vargrim Tobias A
Seller's Agent
Dwight Hicks
Hicks Realty & Associates LLC
Buyer's Agent
SCOTT SEVERANCE
Scott Severance Real Estate
List Price
$44,900
Sold Price
$35,000
Premium/Discount to List
-$9,900
-22.05%
Current Estimated Value
$128,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,259
Avg. Annual Appreciation
18.64%
Original Mortgage
$21,000
Outstanding Balance
$12,233
Interest Rate
4.15%
Mortgage Type
Unknown
Estimated Equity
$116,026

Purchase Details

Closed on
Sep 15, 2005
Sold by
Strange Dominick
Bought by
Smith Edward and Smith Patricia

Purchase Details

Closed on
Jun 27, 2003
Sold by
Manufactures And Traders Trust Co
Bought by
Strange Daminick
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Vargrim Tobias A $35,000 --
Smith Edward $21,000 K Felicia Davis
Strange Daminick $12,500 Oscar Mc Kenzie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargrim Tobias A $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2018 02/22/18 Sold $35,000 0.0% $17 / Sq Ft
12/31/2017 12/31/17 Off Market $35,000 -- --
11/29/2017 11/29/17 Pending -- -- --
10/24/2017 10/24/17 Price Changed $38,900 -13.4% $19 / Sq Ft
08/05/2017 08/05/17 For Sale $44,900 -- $22 / Sq Ft
Source: Central New York Information Services

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 -- $35,000 $2,800 $32,200
2023 $1,064 $35,000 $2,800 $32,200
2022 $1,126 $35,000 $2,800 $32,200
2021 $1,126 $38,000 $2,800 $35,200
2020 $1,146 $38,000 $2,800 $35,200
2019 $1,136 $38,000 $2,800 $35,200
2018 $1,136 $38,000 $2,800 $35,200
2017 -- $38,000 $2,800 $35,200
2016 $1,096 $38,000 $2,800 $35,200
2015 -- $38,000 $2,800 $35,200
2014 -- $38,000 $2,800 $35,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1067210

Central New York Information Services

APN: 311500-077-000-0004-015-000-0000