$200,000
SOLD SEP 4, 2013

1016 Lancaster Ave Unit 18 Syracuse, NY 13210

Eastside Neighborhood
-- Bed
-- Bath
2,961 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

17% Below List Price

68 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Baseboard Heating
  • Forced Air Cooling System

About This Home

As of September 2019

Unbelieveable University area property. Three years of lease documentation. This is a "turnkey operation!"

Last Agent to Sell the Property

Gloria Barbano Weyl

Listing by GRG Gloria Realty Group License #10491208824 Listed on: 05/03/2013

Co-Listed By

Brandon Jacobson

Listing by GRG Gloria Realty Group License #40JA1084905

Last Buyer's Agent

Gloria Barbano Weyl

Listing by GRG Gloria Realty Group License #10491208824 Listed on: 05/03/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,063

Year Built

  • Built in 1915

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 132 x 40

Parking

  • No Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, no utilities, snow removal, water
  • 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

$7,063

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Age: 98
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 141000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line
  • L P Per Acre: 1999166.6700
  • List Price per Sq Ft: 81.0199
  • Nearest Cross Street: Broad
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1666666.67
  • Ratio Close Price By Sq Ft: 67.54
  • Ratio List Price By Acres: 1999166.67
  • Ratio List Price By Sq Ft: 81.02
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Grounds Maintenance, No Utilities, Snow Removal, Water
  • School Tax: 3759
  • Sale Price List Price: 0.8336
  • S P Per Acre: 1666666.6700
  • S P Per Sq Ft: 67.5400
  • Sub Board Code: Syracuse
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 239900.00
  • Year Built Description: Existing
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: Westcott St. to right on Broad to left on Lancaster.
  • Unit: 18
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Disposal, Oven/Range Electric-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 17
  • Total Sq Ft: 2961

Exterior Features

  • Construction: Shake Shingle, Vinyl
  • Number of Acres: 0.1200

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • 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 Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 7063

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
68
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $200,000 --
Deed $200,000 --
Deed $182,000 Vincent Corbacio
Deed $182,000 Vincent Corbacio
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Purchase Money Mortgage
Closed $150,000 New Conventional
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

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Map

Source: Central New York Information Services

MLS Number: S290212

Central New York Information Services

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