Seller's Agent in 2021
Veronica Maloney
WEICHERT, REALTORS-TBG
(315) 750-2649
4 in this area
45 Total Sales
1040 W Colvin St Syracuse, NY 13207
Elmwood NeighborhoodEstimated Value: $93,000 - $134,000
4
Beds
2
Baths
2,520
Sq Ft
$45/Sq Ft
Est. Value
Highlights
- Deck
- Balcony
- 2 Car Garage
- Wood Flooring
- Forced Air Heating System
- Rectangular Lot
About This Home
As of November 20212-unit investment property. Interior and exterior of the building was totally renovated 3 years ago. Brand new Roof and sub-roof, New Furnaces and Hot Water tanks, entirely new electrical throughout house, mostly new plumbing, all new fixtures throughout, hardwood floors refinished, new kitchens, bathrooms etc. The property brings in a yearly rental income of $19,080. Net Operating income of $13,501. Cap rate of 14.21%
Last Agent to Sell the Property
Listing by WEICHERT, REALTORS-TBG License #10401322656 Listed on: 08/25/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,180
Year Built
- Built in 1925
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 39x132
- Rectangular Lot
Parking
- 2 Car Garage
- Parking Available
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2,520 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Outdoor Features
- Balcony
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Rent includes gardener, snow removal, water
- Tax Lot 32
- Assessor Parcel Number 311500-083-000-0011-032-000-0000
Community Details
Overview
- 2 Units
- Bissell & Hunt Subdivision
Building Details
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2021
Closed on
Oct 25, 2021
Sold by
Cleghorn Properties Llc
Bought by
Sarker Sumon K
Seller's Agent
Veronica Maloney
WEICHERT, REALTORS-TBG
Buyer's Agent
Glenn Riemenschneider
eXp Realty
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,151
Avg. Annual Appreciation
7.80%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sarker Sumon K | $80,000 | None Available | |
| Sarker Sumon K | $80,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2021 11/01/21 | Sold | $80,000 | -15.8% | $32 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 08/25/2021 08/25/21 | For Sale | $95,000 | -- | $38 / Sq Ft |
Source: Central New York Information Services
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 | $1,060 | $35,000 | $3,700 | $31,300 |
| 2023 | $1,064 | $35,000 | $3,700 | $31,300 |
| 2022 | $1,093 | $35,000 | $3,700 | $31,300 |
| 2021 | $1,093 | $35,000 | $3,700 | $31,300 |
| 2020 | $1,170 | $40,000 | $3,700 | $36,300 |
| 2019 | $2,232 | $40,000 | $3,700 | $36,300 |
| 2018 | $1,161 | $40,000 | $3,700 | $36,300 |
| 2017 | $1,109 | $40,000 | $3,700 | $36,300 |
| 2016 | $1,121 | $40,000 | $3,700 | $36,300 |
| 2015 | -- | $40,000 | $3,700 | $36,300 |
| 2014 | -- | $40,000 | $3,700 | $36,300 |
Source: Public Records
Agents Affiliated with this Home
-
Veronica Maloney
-
Glenn Riemenschneider
Buyer's Agent in 2021
Glenn Riemenschneider
eXp Realty
(315) 559-0696
3 in this area
108 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1361841
APN: 311500-083-000-0011-032-000-0000
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