NOT LISTED FOR SALE

Estimated Value: $90,000 - $153,000

6 Beds
3 Baths
2,548 Sq Ft
$49/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $47,500 $19 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $767/month

65 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of April 2022

PRICED TO SELL! 2 family w/ proven past success w/long term tenants. Both units are 3 bedrooms/1 bath. 2 forced air furnaces, 2 hot water heaters, & 2 electric meters. Newer first floor furnace (2014) & hot water heaters (2018/2019) & much more! Both units have high ceilings, tons of windows for natural sunlight, many newer windows= lower utility bills, downstairs has open layout, spacious bedrooms, hardwood floors, full basement w/ washer & dryer hookups & full spacious attic for storage. Both units can access basement & full attic w/stair access. Close to downtown restaurants, hospitals, & nightlife. 24 hour notice required. This money maker will not last long… Purchase & change your life!

Last Agent to Sell the Property

Brittany Moen

Listing by Hunt Real Estate ERA License #10401280755 Listed on: 10/13/2021

Hunt Real Estate ERA

Last Buyer's Agent

Glenn Riemenschneider

Listing by eXp Realty License #10301212911

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 100 x 44
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,548 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Attic

  • Full Attic
  • Attic Fan

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes water
  • Tax Lot 38
  • Assessor Parcel Number 311500-009-000-0021-038-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 60000
  • Foundation Description: Block
  • Listing Type: Exclusive Agency
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 44
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 38
  • Nearest Cross Street: Butternut St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 470297.03
  • Ratio Close Price By Sq Ft: 18.64
  • Ratio List Price By Acres: 444554.46
  • Ratio List Price By Sq Ft: 17.62
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1630
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Lot - 2 Dwellings
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4400
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2548
  • Directions To Property: From 690 head north on N Salina St toward Pearl St. Turn right onto Butternut St. Turn left onto Spring St & 110 Spring St will be in 200 Ft.
  • Sq Ft Total Pub: 2548
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Attic Fan
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Wood-Some
  • Total Sq Ft: 2548

Exterior Features

  • Construction: Cedar
  • Additional Exterior Features: Balcony, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.1010

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 311500-009-000-0021-038-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3014

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
Ferraro Pasquale and Ferraro Elvira
Bought by
Nighum Sarmin A and Tamanna Rifatia
Current Estimated Value
$125,081
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nighum Sarmin A $47,500 None Available
Nighum Sarmin A $47,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $47,500 +5.8% $19 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/15/2021 12/15/21 Price Changed $44,900 -18.2% $18 / Sq Ft
12/10/2021 12/10/21 For Sale $54,900 0.0% $22 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/10/2021 11/10/21 Price Changed $54,900 -21.5% $22 / Sq Ft
10/13/2021 10/13/21 For Sale $69,900 -- $27 / 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 $1,327 $60,000 $9,500 $50,500
2023 $1,342 $60,000 $9,500 $50,500
2022 $1,371 $60,000 $9,500 $50,500
2021 $1,371 $60,000 $9,500 $50,500
2020 $1,415 $60,000 $9,500 $50,500
2019 $1,409 $60,000 $9,500 $50,500
2018 $1,409 $60,000 $9,500 $50,500
2017 $1,351 $60,000 $9,500 $50,500
2016 $1,370 $60,000 $9,500 $50,500
2015 -- $60,000 $9,500 $50,500
2014 -- $60,000 $9,500 $50,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1371388

Central New York Information Services

APN: 311500-009-000-0021-038-000-0000