NOT LISTED FOR SALE

1108 Burnet Ave Syracuse, NY 13203

Lincoln Hill Neighborhood

Estimated Value: $109,000 - $150,000

7 Beds
2 Baths
2,400 Sq Ft
$54/Sq Ft Est. Value

Last Sold February 14, 2013

Last sale price $60,000 $25 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $782/month

51 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop

About This Home

As of February 2013

Great opportunity to own cash flowing property. Fully tenant'd with long term tenants in great rental location close to all. Owner will hold first mortgage with down payment

Last Agent to Sell the Property

Chris Moreland

Listing by Acropolis Realty Group LLC License #10301217985 Listed on: 10/10/2012

Acropolis Realty Group LLC

Last Buyer's Agent

Ellie Hayman

Listing by Howard Hanna Real Estate License #30HA0286093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 125 x 34

Parking

  • No Garage

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

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 grounds maintenance, lawn maintenance, water
  • Assessor Parcel Number 311500-029-000-0019-011-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $4,500
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,079

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 112
  • Annual Operating Expenses: 4500
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 39600
  • Gross Annual Income: 15600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 34
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 599000.0000
  • List Price per Sq Ft: 24.9583
  • Nearest Cross Street: Winton Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 600000.00
  • Ratio Close Price By Sq Ft: 25.00
  • Ratio List Price By Acres: 599000.00
  • Ratio List Price By Sq Ft: 24.96
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, Water
  • School Tax: 687
  • Sale Price List Price: 1.0016
  • S P Per Acre: 600000.0000
  • S P Per Sq Ft: 25.0000
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 59900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Burnet Avenue closer to Teall Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Resilient-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Rooms: 10
  • Total Sq Ft: 2400

Exterior Features

  • Construction: Aluminum/Steel, Wood
  • Number of Acres: 0.1000

Garage/Parking

  • Garage Description: No Garage
  • 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

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-029-000-0019-011-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2079

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
Feb 14, 2013
Sold by
Nguyen Sang
Bought by
Reyes Luis
Seller's Agent
Chris Moreland
Acropolis Realty Group LLC
Buyer's Agent
Ellie Hayman
Howard Hanna Real Estate
List Price
$59,900
Sold Price
$60,000
Premium/Discount to List
$100
0.17%
Current Estimated Value
$129,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,274
Avg. Annual Appreciation
6.29%
Original Mortgage
$58,913
Outstanding Balance
$42,108
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$87,166

Purchase Details

Closed on
Jul 7, 2010
Sold by
Morabito Rebecca
Bought by
Nguyen Sang

Purchase Details

Closed on
Mar 1, 2001
Sold by
Carroll Steven P
Bought by
Scott Albert J

Purchase Details

Closed on
Apr 12, 1995

Purchase Details

Closed on
Jun 23, 1994
Sold by
Larose Samuel
Bought by
Chemical Mortgage Company
Source: Public Records

Range of Values:

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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
Reyes Luis $60,000 Fran, Jr. Stinziano
Nguyen Sang $42,500 --
Scott Albert J $18,000 J Wallace
-- $9,025 --
Chemical Mortgage Company $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Luis H $7,364
Closed Reyes Luis H $1,961
Open Reyes Luis $58,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2013 02/14/13 Sold $60,000 +0.2% $25 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $59,900 -- $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 -- $39,600 $6,900 $32,700
2023 $1,115 $39,600 $6,900 $32,700
2022 $1,144 $39,600 $6,900 $32,700
2021 $1,144 $39,600 $6,900 $32,700
2020 $1,165 $39,600 $6,900 $32,700
2019 $1,156 $39,600 $6,900 $32,700
2018 $1,156 $39,600 $6,900 $32,700
2017 $1,104 $39,600 $6,900 $32,700
2016 $1,116 $39,600 $6,900 $32,700
2015 -- $39,600 $6,900 $32,700
2014 -- $39,600 $6,900 $32,700
Source: Public Records

Agents Affiliated with this Home

  • Chris Moreland

    Seller's Agent in 2013

    Chris Moreland

    Acropolis Realty Group LLC

    (315) 575-0709

    38 Total Sales

    Chris Moreland
    Section Image

  • E

    Buyer's Agent in 2013

    Ellie Hayman

    Howard Hanna

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Map

Source: Central New York Information Services

MLS Number: S280852

Central New York Information Services

APN: 311500-029-000-0019-011-000-0000

New York Onondaga County Syracuse 13203 Lincoln Hill

1108 Burnet Ave, Syracuse, NY

This home is located at 1108 Burnet Ave, Syracuse, NY 13203 since 10 October 2012 and is currently estimated at $129,274, approximately $53 per square foot. This property was built in 1900. 1108 Burnet Ave is a home located in Onondaga County with nearby schools including Dr Weeks Elementary School, Lincoln Middle School, and Henninger High School.

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