NOT LISTED FOR SALE

Estimated Value: $83,000 - $112,971

4 Beds
2 Baths
1,881 Sq Ft
$51/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $57,000 $30 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $619/month

17 Days on Market

Highlights

  • Forced Air Cooling System
  • Property is near a bus stop
  • Partially Fenced Property
  • Tile Flooring
  • Rectangular Lot

About This Home

As of May 2021

his is a great investment opportunity. Each unit has two bedrooms, one bathroom and both units are occupied. The property is currently under-rented and the potential is there to make this a great addition to your portfolio.

Last Agent to Sell the Property

John Adolfi

Listing by Adolfi Real Estate, Inc. License #10311200327 Listed on: 02/12/2021

Last Buyer's Agent

Stephen Schmitt

Listing by Hunt Real Estate ERA License #10301218985

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1910

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 100 x 33
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,881 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Tile

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 6
  • Assessor Parcel Number 311500-015-000-0009-006-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $4,051
  • Gross Income $11,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,450

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Annual Operating Expenses: 4051
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 45000
  • Foundation Description: Block
  • Gross Annual Income: 11100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 33
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 6
  • Lot Shape: Rectangular
  • Nearest Cross Street: Park St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 751978.89
  • Ratio Close Price By Sq Ft: 30.30
  • Ratio List Price By Acres: 751978.89
  • Ratio List Price By Sq Ft: 30.30
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 790
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3300
  • Age of Building: 112
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1881
  • Directions To Property: Park Street to Hier Ave to 107 Hier Ave.
  • Sq Ft Total Pub: 1881
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1881

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.0758

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 1 Space

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: 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: 311500-015-000-0009-006-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2450

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 7, 2021
Sold by
Flynn Dennis J
Bought by
Clarke Jahseei
Seller's Agent
John Adolfi
Adolfi Real Estate, Inc.
Buyer's Agent
Stephen Schmitt
Hunt Real Estate ERA
List Price
$57,000
Sold Price
$57,000
Current Estimated Value
$95,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,243
Avg. Annual Appreciation
11.19%
Original Mortgage
$42,750
Outstanding Balance
$39,151
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$50,424
Source: Public Records

Range of Values:

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Average Value
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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
Clarke Jahseei $57,000 None Available
Clarke Jahseei $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Jahseei $42,750
Closed Clarke Jahseei $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $57,000 0.0% $30 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $57,000 -- $30 / 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 -- $45,000 $7,500 $37,500
2023 $1,175 $45,000 $7,500 $37,500
2022 $1,204 $45,000 $7,500 $37,500
2021 $1,204 $45,000 $7,500 $37,500
2020 $1,232 $45,000 $7,500 $37,500
2019 $1,223 $45,000 $7,500 $37,500
2018 $1,223 $45,000 $7,500 $37,500
2017 $1,169 $45,000 $7,500 $37,500
2016 $1,183 $45,000 $7,500 $37,500
2015 -- $45,000 $7,500 $37,500
2014 -- $45,000 $7,500 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1319041

Central New York Information Services

APN: 311500-015-000-0009-006-000-0000