NOT LISTED FOR SALE

109 Michaels Ave Unit 1 Syracuse, NY 13208

Court-Woodlawn Neighborhood

Estimated Value: $212,000 - $222,887

4 Beds
2 Baths
2,660 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $67,500 $25 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,280/month

12 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • 5-minute walk to McChesney Park

About This Home

As of November 2017

Large two family home for sale. Both units are occupied, month to month tenants. Monthly rental income is $1425. Off street parking, full unfinished basement with laundry hook ups, big partially fenced in back yard. Located on Michaels ave, a very quiet one way street. Natural wood throughout, tenants currently pay for gas, electric & snow care. Owner pays water & lawn care. Newer water tanks & furnaces.

Last Agent to Sell the Property

Kelly Foster

Listing by Superior Property Management Inc License #10311205614 Listed on: 09/08/2017

Last Buyer's Agent

Jennifer Brune

Listing by Hunt Real Estate ERA License #10301215488

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 150 x 40
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,660 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Vinyl

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, no utilities, refuse removal, water
  • Tax Lot 23
  • Assessor Parcel Number 311500-006-000-0009-023-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $5,500
  • Gross Income $17,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 5500
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 80000
  • Foundation Description: Block
  • Gross Annual Income: 17100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line
  • Lot Number: 23
  • Nearest Cross Street: Grant
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 490196.08
  • Ratio Close Price By Sq Ft: 25.38
  • Ratio List Price By Acres: 507625.27
  • Ratio List Price By Sq Ft: 26.28
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, No Utilities, Refuse Removal, Water
  • School Tax: 741
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6000
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Grant to Kirkpatrick to Michaels, it is a one way street, must take Grant to Kirkpatrick then to Michaels.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Kitchen Appliances Included: In All Apartments, Oven/Range Gas-Some, Refrigerator
  • Total Sq Ft: 2660

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Partially Fenced Yard, Wood Screens/Storms-some
  • Number of Acres: 0.1377

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

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

Lot Info

  • Parcel Number: 311500-006-000-0009-023-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3729

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Spera Ian J
Bought by
Wojtowycz Jacob
Current Estimated Value
$217,722

Purchase Details

Closed on
Aug 12, 2020
Sold by
Maywalt Sarah A
Bought by
Spera Ian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Interest Rate
3%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 16, 2017
Sold by
Weiss Thomas A and Weiss Amanda R
Bought by
Maywalt Sarah A
Seller's Agent
Kelly Foster
Superior Property Management Inc
Buyer's Agent
Jennifer Brune
Hunt Real Estate ERA
List Price
$69,900
Sold Price
$67,500
Premium/Discount to List
-$2,400
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.89%
Original Mortgage
$50,625
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Hubel Toshia
Bought by
Weiss Thomas
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
Wojtowycz Jacob $185,000 None Available
Spera Ian J $120,000 None Available
Spera Ian J $120,000 None Available
Maywalt Sarah A $67,500 --
Maywalt Sarah A $67,500 --
Weiss Thomas $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spera Ian J $14,500
Previous Owner Spera Ian J $102,000
Previous Owner Maywalt Sarah A $50,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $67,500 -3.4% $25 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $69,900 -- $26 / 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 -- $88,000 $12,200 $75,800
2023 $1,653 $88,000 $12,200 $75,800
2022 $1,593 $80,000 $12,200 $67,800
2021 $1,593 $80,000 $12,200 $67,800
2020 $1,661 $80,000 $12,200 $67,800
2019 $1,658 $80,000 $12,200 $67,800
2018 $1,658 $80,000 $12,200 $67,800
2017 -- $80,000 $12,200 $67,800
2016 $1,618 $80,000 $12,200 $67,800
2015 -- $80,000 $12,200 $67,800
2014 -- $80,000 $12,200 $67,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kelly Foster

    Superior Property Management Inc

    Section Image
  • Jennifer Brune

    Buyer's Agent in 2017

    Jennifer Brune

    Hunt Real Estate

    (315) 427-5017

    89 Total Sales

    Jennifer Brune
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1075911

Central New York Information Services

APN: 311500-006-000-0009-023-000-0000

New York Onondaga County Syracuse 13208 Court-Woodlawn

109 Michaels Ave Unit 1, Syracuse, NY

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