$61,500
SOLD NOV 15, 2017
-- Bed
-- Bath
2,234 Sq Ft
5,445 Sq Ft Lot

Recently Sold

$28 Per Sq Ft

12% Below List Price

145 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Ceiling Fan
  • Full Attic
  • Forced Air Cooling System

About This Home

As of November 2017

This well-maintained two family is a true turnkey investment opportunity. Updates include vinyl replacement windows, high efficiency furnace, new sewer line, and architectural shingle roof. Long-term tenants love the spacious apartments with formal dining room, large eat in kitchen, and proximity to downtown, Destiny USA, and Tipp Hill. This duplex is fully rented for $1425/month.

Last Agent to Sell the Property

Christopher Newman

Listing by Acropolis Realty Group LLC License #10301218603 Listed on: 03/10/2017

Acropolis Realty Group LLC

Co-Listed By

Gabe Seifter

Listing by Hunt Real Estate ERA License #10301220827

Last Buyer's Agent

Hal Travis

Listing by Hal Travis Real Estate, Inc. License #31TR0908920

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,053

Year Built

  • Built in 1900

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 165 x 33
  • Private Yard

Home Design

  • Duplex
  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • No Driveway
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, no utilities, snow removal, water
  • Assessor Parcel Number 311500-112-000-0003-013-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $17,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,053

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 58000
  • Foundation Description: Stone
  • Gross Annual Income: 17100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 165
  • Lot Dimension Front: 33
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Milton
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 492000.00
  • Ratio Close Price By Sq Ft: 27.53
  • Ratio List Price By Acres: 559200.00
  • Ratio List Price By Sq Ft: 31.29
  • Regional Board Code: Syracuse
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, No Utilities, Snow Removal, Water
  • School Tax: 1769
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5445
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Take Milton Ave to Olive St
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Laundry-Common, Pex Plumbing- Some
  • Attic Description: Full, Stair Access, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: In All Apartments, Oven/Range Freestanding- Some, Refrigerator
  • Total Sq Ft: 2234

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Private Yard - see Remarks, Wood Screens/Storms-some
  • Number of Acres: 0.1250

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-112-000-0003-013-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3053

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
Oct 25, 2017
Sold by
Bull Luke
Bought by
Perdomo David
Seller's Agent
Christopher Newman
Acropolis Realty Group LLC
Buyer's Agent
Hal Travis
Hal Travis Real Estate, Inc.
List Price
$69,900
Sold Price
$61,500
Premium/Discount to List
-$8,400
-12.02%
Current Estimated Value
$158,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,184
Avg. Annual Appreciation
12.00%
Original Mortgage
$49,200
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 13, 2013
Closed on
Mar 28, 2013
Sold by
Walker Nancy
Bought by
Bull Luke
Seller's Agent
Tony D'Anzica
DynaMax Realty, Inc.
Buyer's Agent
Tony D'Anzica
DynaMax Realty, Inc.
List Price
$64,900
Sold Price
$57,000
Premium/Discount to List
-$7,900
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Hammond Richard
Bought by
Walker Nancy
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $61,500 --
Warranty Deed $61,500 --
Deed $57,000 James Wallace
Deed $22,500 Jeffrey Deroberts
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 Stand Alone Refi Refinance Of Original Loan
Closed $49,200 Stand Alone Refi Refinance Of Original Loan
Closed $49,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $61,500 -12.0% $28 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $69,900 0.0% $31 / Sq Ft
07/15/2014 07/15/14 Rented $750 +7.9% --
06/24/2014 06/24/14 Under Contract -- -- --
06/09/2014 06/09/14 For Rent $695 +1.5% --
09/05/2013 09/05/13 Rented $685 -2.1% --
09/05/2013 09/05/13 Under Contract -- -- --
07/28/2013 07/28/13 For Rent $700 0.0% --
03/29/2013 03/29/13 Sold $57,000 -12.2% $26 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $64,900 -- $29 / 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 -- $74,000 $16,000 $58,000
2023 $1,409 $66,000 $16,000 $50,000
2022 $1,349 $66,000 $16,000 $50,000
2021 $340 $58,000 $11,400 $46,600
2020 $1,391 $58,000 $11,400 $46,600
2019 $1,385 $58,000 $11,400 $46,600
2018 $2,730 $58,000 $11,400 $46,600
2017 $1,327 $58,000 $11,400 $46,600
2016 $1,327 $58,000 $11,400 $46,600
2015 -- $58,000 $11,400 $46,600
2014 -- $58,000 $11,400 $46,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1030811

Central New York Information Services

APN: 311500-112-000-0003-013-001-0000