$63,000
SOLD MAR 15, 2019
-- Bed
-- Bath
2,164 Sq Ft
5,394 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

8% Below List Price

3 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • Ceiling Fan

About This Home

As of November 2021

New windows, doors, insulation, siding, all lathe and plaster has been replaced with sheetrock, roof is 8 years old, great rental income for the smart investor!

Last Agent to Sell the Property

Kristin Shanahan

Listing by Acropolis Realty Group LLC License #10301216862 Listed on: 01/11/2019

Acropolis Realty Group LLC

Last Buyer's Agent

Gabe Seifter

Listing by Hunt Real Estate ERA License #10301220827

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,811

Year Built

  • Built in 1890

Lot Details

  • 5,394 Sq Ft Lot
  • Lot Dimensions are 131 x 41
  • Fenced Yard

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,164 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

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 no utilities
  • Tax Lot 12
  • Assessor Parcel Number 311500-091-000-0009-012-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $12,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,811

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 66400
  • Foundation Description: Block, Stone
  • Gross Annual Income: 12720
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 131
  • Lot Dimension Front: 41
  • Lot Information: Near Bus Line
  • Lot Number: 12
  • Nearest Cross Street: Hoefler St
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 508885.30
  • Ratio Close Price By Sq Ft: 29.11
  • Ratio List Price By Acres: 553311.79
  • Ratio List Price By Sq Ft: 31.65
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • School Tax: 1464
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5394
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: From Grand Ave, turn onto Hoefler. Right onto Loehr.
  • Unit: 12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Ceiling Fan, Laundry- Separate Hook ups- Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 2164

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Fully Fenced Yard
  • Number of Acres: 0.1238

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop

Utilities

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

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-091-000-0009-012-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2811

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Nov 5, 2021
Sold by
Rev 56 Group Llc
Bought by
Rice Barbara
Seller's Agent
Gabe Seifter
Hunt Real Estate ERA
Buyer's Agent
Khalia Stewart
Dropped Members
List Price
$83,500
Sold Price
$118,000
Premium/Discount to List
$34,500
41.32%
Current Estimated Value
$141,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,108
Avg. Annual Appreciation
4.67%
Original Mortgage
$117,600
Outstanding Balance
$107,594
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$33,514
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 Type Sale Price Title Company
Warranty Deed $120,000 None Available
Warranty Deed $120,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,600 Purchase Money Mortgage
Closed $117,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2021 11/05/21 Sold $118,000 +41.3% $55 / Sq Ft View Prior Sale
09/22/2021 09/22/21 Price Changed $83,500 0.0% $39 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $83,500 +32.5% $39 / Sq Ft
03/15/2019 03/15/19 Sold $63,000 -8.0% $29 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $68,500 -- $32 / 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 -- $55,000 $7,200 $47,800
2023 $1,286 $55,000 $7,200 $47,800
2022 $1,315 $55,000 $7,200 $47,800
2021 $1,315 $55,000 $7,200 $47,800
2020 $1,354 $55,000 $7,200 $47,800
2019 $2,935 $55,000 $7,200 $47,800
2018 $1,347 $55,000 $7,200 $47,800
2017 $1,429 $66,400 $7,200 $59,200
2016 $1,449 $66,400 $7,200 $59,200
2015 -- $66,400 $7,200 $59,200
2014 -- $66,400 $7,200 $59,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1167912

Central New York Information Services

APN: 311500-091-000-0009-012-000-0000