NOT LISTED FOR SALE

1029 Ackerman Ave Unit 31 Syracuse, NY 13210

University Neighborhood

Estimated Value: $354,747 - $425,000

6 Beds
3 Baths
3,280 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2017

Last sale price $220,000 $67 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,478 / mo

12 Days on Market

Highlights

  • Property is near public transit
  • 2 Fireplaces
  • 2 Car Garage
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of August 2017

It’s all about location! With this tremendous investment opportunity, you can own a profitable University two family, just steps away from Syracuse University. Spoil your tenants -- each apartment boasts over 1600 sq ft and includes wood-burning fireplaces, central air and eat-in kitchens with extra pantry space. With an in-demand, prime location and fully rented through Spring 2018, this property is an ideal entry into the rental business!

Last Agent to Sell the Property

Pei Lin Huang

Listing by Dropped Members License #30HU0661857 Listed on: 06/19/2017

Dropped Members

Last Buyer's Agent

Edward Glassberg

Listing by Coldwell Banker Prime Prop,Inc License #30GL0598193

Coldwell Banker Prime Prop,Inc
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,276

Year Built

  • Built in 1930

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 40x132

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Block Foundation
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 3,280 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Electric Cooktop
  • Free-Standing Range
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • Edward Smith K-8 Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes gardener, snow removal, trash collection, water
  • Tax Lot 25
  • Assessor Parcel Number 311500-052-000-0018-025-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,276

Year Built

Built in 1930

Lot Details

5,280 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal, Trash Collection, Water
  • Year Built: 1930
  • ResoLaundryFeatures: Common Area
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Euclid Ave. to Ackerman Ave.
  • Architectural Style: Duplex
  • Flooring: Hardwood, Laminate, Tile, Varies
  • Garage Yn: Yes
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Cooktop, Free-Standing Range, Disposal, Gas Water Heater, Oven, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Fireplaces: 2
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1212
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-052-000-0018-025-000-0000
  • Lot Dimensions: 40X132
  • Lot Size Sq Ft: 5280.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6276.0
  • Tax Lot: 25

MLS Schools

  • Elementary School: Edward Smith K-8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Aug 1, 2017
Sold by
Bought by
Seller's Agent
Pei Lin Huang
Dropped Members
Buyer's Agent
Edward Glassberg
Coldwell Banker Prime Prop,Inc
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$384,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,249
Avg. Annual Appreciation
6.36%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 Joseph Demari
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $96,400
Previous Owner $8,448
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2017 08/01/17 Sold $220,000 -6.4% $67 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $235,000 -- $72 / Sq Ft
Source: Central New York Information Services

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,407 $182,000 $10,500 $171,500
2024 $2,395 $160,000 $10,500 $149,500
2023 $2,454 $160,000 $10,500 $149,500
2022 $2,483 $160,000 $10,500 $149,500
2021 $2,483 $160,000 $10,500 $149,500
2020 $2,445 $144,000 $10,500 $133,500
2019 $6,634 $144,000 $10,500 $133,500
2018 $2,452 $144,000 $10,500 $133,500
2017 $2,129 $144,000 $10,500 $133,500
2016 $2,415 $144,000 $10,500 $133,500
2015 -- $124,000 $10,500 $113,500
2014 -- $124,000 $10,500 $113,500
Source: Public Records

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Map

Source: Central New York Information Services

MLS Number: S1055671

Central New York Information Services

APN: 311500-052-000-0018-025-000-0000

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