NOT LISTED FOR SALE

1016 Lancaster Ave Unit 18 Syracuse, NY 13210

Eastside Neighborhood

Estimated Value: $376,000 - $443,000

6 Beds
3 Baths
2,961 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $190,000 $64 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,477/month

16 Days on Market

Highlights

  • Cathedral Ceiling
  • Stained Glass
  • Baseboard Heating
  • Wood Flooring
  • Forced Air Cooling System

About This Home

As of September 2019

One of a kind University Area Two-Family. Great for an investor or owner occupant. Off street parking with a 2.5 car garage that could be rented separately for extra income. Each apartment has 3 spacious bedrooms. The upstairs flat boasts Cathedral Ceilings and custom stained glass accents. It also has a loft above the living room which could be used as a 4th bedroom. All utilities are separate and paid by the tenants. Updates include interior painting, some exterior painting, new panel boxes and carpets. Only a few blocks from campus and kitty corner to the Lancaster Market. Currently rented for $2,700/m.

Last Agent to Sell the Property

Teddy Lewandowski

Listing by Hunt Real Estate ERA License #10401296285 Listed on: 07/24/2019

Hunt Real Estate ERA

Last Buyer's Agent

Teddy Lewandowski

Listing by Hunt Real Estate ERA License #10401296285 Listed on: 07/24/2019

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,948

Year Built

  • Built in 1915

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 132 x 40

Parking

  • 2.5 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,961 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Stained Glass
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 7
  • Assessor Parcel Number 311500-052-000-0018-007-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,948

Year Built

Built in 1915

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 158000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 7
  • Nearest Cross Street: Kensington
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1567656.77
  • Ratio Close Price By Sq Ft: 64.17
  • Ratio List Price By Acres: 1731848.18
  • Ratio List Price By Sq Ft: 70.89
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 4322
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5280
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: Broad to Lancaster
  • Unit: 18
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some, Stained Glass - Some
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2961

Exterior Features

  • Construction: Shake Shingle, Vinyl
  • Number of Acres: 0.1212

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.5000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, 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

Lot Info

  • Parcel Number: 311500-052-000-0018-007-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 6948

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Aug 28, 2013
Sold by
Ilacqua Mark
Bought by
Pascale Nicholas
Seller's Agent
Gloria Barbano Weyl
GRG Gloria Realty Group
Buyer's Agent
Gloria Barbano Weyl
GRG Gloria Realty Group
List Price
$239,900
Sold Price
$200,000
Premium/Discount to List
-$39,900
-16.63%
Total Days on Market
16
Current Estimated Value
$406,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,270
Avg. Annual Appreciation
5.11%
Original Mortgage
$150,000
Outstanding Balance
$79,299
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$279,736

Purchase Details

Closed on
Nov 25, 2008
Sold by
Shehadi Steven J
Bought by
Ilacqua Mark
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pascale Nicholas $200,000 --
Pascale Nicholas $200,000 --
Ilacqua Mark $182,000 Vincent Corbacio
Ilacqua Mark $182,000 Vincent Corbacio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pascale Nicholas $150,000
Closed Pascale Nicholas $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $190,000 -9.5% $64 / Sq Ft
07/24/2019 07/24/19 For Sale $209,900 +5.0% $71 / Sq Ft
09/04/2013 09/04/13 Sold $200,000 -16.6% $68 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $239,900 -- $81 / 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 -- $158,000 $10,500 $147,500
2023 $2,431 $158,000 $10,500 $147,500
2022 $1,845 $158,000 $10,500 $147,500
2021 $1,845 $158,000 $10,500 $147,500
2020 $2,617 $158,000 $10,500 $147,500
2019 $6,860 $158,000 $10,500 $147,500
2018 $2,626 $158,000 $10,500 $147,500
2017 $2,335 $158,000 $10,500 $147,500
2016 $2,589 $158,000 $10,500 $147,500
2015 -- $141,000 $10,500 $130,500
2014 -- $141,000 $10,500 $130,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central New York Information Services

MLS Number: S1210291

Central New York Information Services

APN: 311500-052-000-0018-007-000-0000