NOT LISTED FOR SALE

106 Palmer Dr Syracuse, NY 13212

Estimated Value: $226,000 - $292,157

4 Beds
2 Baths
1,988 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $235,000 $118 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,945/month

4 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • Water Softener is Owned

About This Home

As of June 2023

Tremendous owner-occupied opportunity. Have mortgage subsidized by rental income in this meticulously maintained duplex. Same owner for 32 years. Located in highly desired area within walking distance to restaurants, shops, parks and library. Rare investment opportunity in the village of North Syracuse.

Last Agent to Sell the Property

Michele Higgins

Listing by Dropped Members License #10401373791 Listed on: 04/19/2023

Last Buyer's Agent

Michele Higgins

Listing by Dropped Members License #10401373791 Listed on: 04/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 209 x 60
  • Rectangular Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,988 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Electric Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a bus stop

Schools

  • Cicero-North Syracuse High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes heat, water
  • Tax Lot 21
  • Assessor Parcel Number 312401-003-000-0003-021-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • Operating Expense $9,616
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,835

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Annual Operating Expenses: 9616
  • NY Swis Code: North Syracuse Village-Clay-312401
  • Total Assessed Value: 5800
  • Foundation Description: Block
  • Gross Annual Income: 26400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 209
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street, Secondary Road
  • Lot Number: 21
  • Lot Shape: Rectangular
  • Nearest Cross Street: Main Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 816255.64
  • Ratio Close Price By Sq Ft: 118.21
  • Ratio List Price By Acres: 781521.36
  • Ratio List Price By Sq Ft: 113.18
  • Regional Board Code: Syracuse
  • Rent Includes: Heat, Water
  • Roof Description: Asphalt
  • School Tax: 3638
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex, Upper/Lower
  • Type of Sale: Normal
  • Village: North Syracuse-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 12540
  • Age of Building: 93
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1988
  • Directions To Property: Heading south on Route 11/North Main Street, turn right on Palmer Dr. Property is on the right.
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry-Common, Natural Woodwork - some, Storage, Water Softener(S) Owned-Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1988

Exterior Features

  • Construction: Concrete Block, Frame, Vinyl, Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.2879

Garage/Parking

  • Number of Electric Meters: 1
  • 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
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: North Syracuse
  • High School: Cicero-North Syracuse High

Lot Info

  • Parcel Number: 312401-003-000-0003-021-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 6835

MLS Schools

  • High School Name: Cicero-North Syracuse High
  • School District Name: North Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 19, 2023
Sold by
Dunn Angela R
Bought by
Cox Brian
Seller's Agent
Michele Higgins
Dropped Members
Buyer's Agent
Michele Higgins
Dropped Members
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Views
154
Current Estimated Value
$265,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,789
Avg. Annual Appreciation
5.78%
Source: Public Records

Range of Values:

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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
Cox Brian $235,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $235,000 +4.4% $118 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $225,000 -- $113 / 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 $5,998 $5,800 $400 $5,400
2023 $6,854 $5,800 $400 $5,400
2022 $6,882 $5,800 $400 $5,400
2021 $6,731 $5,800 $400 $5,400
2020 $6,537 $5,800 $400 $5,400
2019 $1,550 $5,800 $400 $5,400
2018 $6,275 $5,800 $400 $5,400
2017 $1,506 $5,800 $400 $5,400
2016 $6,068 $5,800 $400 $5,400
2015 -- $5,800 $400 $5,400
2014 -- $5,800 $400 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1465449

Central New York Information Services

APN: 312401-003-000-0003-021-000-0000