NOT LISTED FOR SALE

1127 Summit Place Utica, NY 13501

Cornhill Neighborhood
5 Beds
4 Baths
6,533 Sq Ft
4,800 Sq Ft Lot

Last Sold November 15, 2019

Last sale price $75,000 $11 Per Sq Ft

11 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Wood Siding

About This Home

As of November 2019

Ready to take your investment game to the next level? Hop right into this fully rented 5 unit income producing cash cow. Updated mechanics include 5 boilers, 5 hot water tanks, and 5 electrical breaker boxes. Call to schedule a showing today and start earning ASAP!

Last Agent to Sell the Property

Ciro Raspante

Listing by Hunt Real Estate ERA License #10401250634 Listed on: 08/13/2019

Hunt Real Estate ERA

Last Buyer's Agent

Alen Zekic

Listing by Assist2Sell Buyers & Sellers 1st Choice License #10401267029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,861

Year Built

  • Built in 1900

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x120

Parking

  • No Garage

Home Design

  • Wood Siding

Interior Spaces

  • 6,533 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Gas Cooktop

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes common area maintenance, snow removal, water
  • Tax Lot 15
  • Assessor Parcel Number 301600-318-066-0001-015-000-0000

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Gas Meters
  • Gross Income $3,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,861

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Water
  • Year Built: 1900
  • Lot Features: Other, See Remarks
  • Flooring: Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: No
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1102
  • Waterfront Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: No Driveway, No Garage

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Utica

Lot Info

  • Parcel Number: 301600-318-066-0001-015-000-0000
  • Lot Dimensions: 40X120
  • Lot Size Sq Ft: 4800.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 3100.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 2861.0
  • Tax Lot: 15
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $75,000 -16.6% $11 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $89,900 -- $14 / Sq Ft
Source: Mid New York Regional MLS

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 $1,775 $43,900 $6,200 $37,700
2023 $1,189 $43,900 $6,200 $37,700
2022 $1,781 $43,900 $6,200 $37,700
2021 $1,771 $43,900 $6,200 $37,700
2020 $1,737 $43,900 $6,200 $37,700
2019 $528 $43,900 $6,200 $37,700
2018 $1,742 $43,900 $6,200 $37,700
2017 $1,704 $43,900 $6,200 $37,700
2016 $2,333 $43,900 $6,200 $37,700
2015 -- $43,900 $6,200 $37,700
2014 -- $43,900 $6,200 $37,700
Source: Public Records

Agents Affiliated with this Home

  • Ciro Raspante

    Seller's Agent in 2019

    Ciro Raspante

    Hunt Real Estate

    (315) 853-3535

    15 in this area

    358 Total Sales

    Ciro Raspante
    Section Image
  • Alen Zekic

    Buyer's Agent in 2019

    Alen Zekic

    Assist2Sell Buyers & Sellers 1st Choice

    (315) 570-0148

    98 in this area

    484 Total Sales

    Alen Zekic
    Section Image
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Map

Source: Mid New York Regional MLS

MLS Number: S1217495

Mid New York Regional MLS
New York Oneida County Utica 13501 Cornhill

1127 Summit Place, Utica, NY

Not Listed for Sale

MultiFamily

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