NOT LISTED FOR SALE

Estimated Value: $133,000 - $177,000

6 Beds
3 Baths
2,765 Sq Ft
$54/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $90,000 $33 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $898/month

10 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Forced Air Cooling System

About This Home

As of March 2022

ATTENTION ALL INVESTORS - Located on the Northside of the City of Syracuse and comprising of 3 bedroom units, this property is separately metered and all apartments have been updated in the last two years. This can be purchased separately or as a package to include 1007 Emerson Ave, 1614-16 W Onondaga and 1618-20 W Onondaga. With an already attractive CAP rate and with room to still increase monthly rents, this is a phenomenal addition to any growing portfolio or the perfect opportunity for new investors looking to gain footing in the Syracuse Rental market!

Last Agent to Sell the Property

JEFFREY Jollar

Listing by Jollar POV LLC License #10491211170 Listed on: 11/23/2021

Last Buyer's Agent

Karl Ashley

Listing by Ashley Real Estate License #10371200812

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 1910

Lot Details

  • 4,920 Sq Ft Lot
  • Lot Dimensions are 123 x 40

Parking

  • 2 Car Garage

Interior Spaces

  • 2,765 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 25
  • Assessor Parcel Number 311500-003-000-0016-025-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,394

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 64000
  • Gross Annual Income: 13200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 123
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 25
  • Nearest Cross Street: 1st North
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 797165.63
  • Ratio Close Price By Sq Ft: 32.55
  • Ratio List Price By Acres: 797165.63
  • Ratio List Price By Sq Ft: 32.55
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • School Tax: 1964
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4920
  • Age of Building: 112
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2765
  • Directions To Property: From 1st North, right onto Murray Ave
  • Sq Ft Total Pub: 2765
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Total Sq Ft: 2765

Exterior Features

  • Number of Acres: 0.1129

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • 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

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-003-000-0016-025-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3394

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Mar 4, 2022
Sold by
1247 Park Llc
Bought by
Rtek Properties Llc
Seller's Agent
JEFFREY Jollar
Jollar POV LLC
Buyer's Agent
Karl Ashley
Ashley Real Estate
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$146,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,685
Avg. Annual Appreciation
13.10%
Original Mortgage
$221,425
Outstanding Balance
$208,239
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$70,634

Purchase Details

Listed on
Apr 29, 2012
Closed on
Oct 1, 2012
Sold by
Bruchino Properties Llc
Bought by
Prindle Properties Llc
Seller's Agent
Ellie Hayman
Howard Hanna Real Estate
Buyer's Agent
Frank Procopio
Hunt Real Estate ERA
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Nov 18, 2010
Sold by
203-07 Green St Llc
Bought by
Bruchino Properties Llc

Purchase Details

Closed on
Aug 18, 2003
Sold by
Ladd David F
Bought by
Ladd David F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rtek Properties Llc $90,000 None Available
Rtek Properties Llc $90,000 None Available
Prindle Properties Llc $40,000 John P. Sindoni
Bruchino Properties Llc $140,100 --
Ladd David F -- Lucien Ali
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rtek Properties Llc $221,425
Closed Rtek Properties Llc $221,425
Previous Owner 109 Murray Llc $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $90,000 0.0% $33 / Sq Ft
11/23/2021 11/23/21 For Sale $90,000 +50.0% $33 / Sq Ft
12/27/2017 12/27/17 Sold $60,000 +0.2% $22 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $59,900 +49.8% $22 / Sq Ft
10/03/2012 10/03/12 Sold $40,000 -42.8% $14 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
04/29/2012 04/29/12 For Sale $69,900 -- $25 / 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 -- $69,000 $11,100 $57,900
2023 $1,442 $69,000 $11,100 $57,900
2022 $1,416 $64,000 $11,100 $52,900
2021 $1,416 $64,000 $11,100 $52,900
2020 $1,464 $64,000 $11,100 $52,900
2019 $1,459 $64,000 $11,100 $52,900
2018 $1,459 $64,000 $11,100 $52,900
2017 $1,400 $64,000 $11,100 $52,900
2016 $1,419 $64,000 $11,100 $52,900
2015 -- $64,000 $11,100 $52,900
2014 -- $64,000 $11,100 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1379556

Central New York Information Services

APN: 311500-003-000-0016-025-000-0000