NOT LISTED FOR SALE

Estimated Value: $91,024 - $131,000

8 Beds
3 Baths
3,402 Sq Ft
$31/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $58,000 $17 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $706/month

103 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Baseboard Heating
  • Full Attic
  • Forced Air Cooling System

About This Home

As of November 2020

Realtors pleas see "private remarks" due to covid -19. a fully rented 3 unit property located in the city of Syracuse. don't let this one past you by. A great long term investment. Seller is Motivated. Listing Agent is part owner. for questions call Kennedy at 315-395-0204 will need to have property vacant when a perspective buyer wants to see it, "PROPERTY BEING SOLD AS IS"

Last Agent to Sell the Property

Kennedy Davis

Listing by Gilbo Realty LLC License #10401206253 Listed on: 05/24/2020

Last Buyer's Agent

Michael Sutkus

Listing by Dropped Members License #10401301927

Dropped Members

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1919

Lot Details

  • 3,040 Sq Ft Lot
  • Lot Dimensions are 76 x 40

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,402 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 9
  • Assessor Parcel Number 311500-086-000-0013-009-000-0000

Community Details

Overview

  • 3 Units
  • Newcomb Place Community
  • Newcomb Place Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,095

Year Built

Built in 1919

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 49000
  • Foundation Description: Block
  • Listing Type: Exclusive Agency
  • Lot Dimension Depth: 76
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 9
  • Nearest Cross Street: Cortland
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 830945.56
  • Ratio Close Price By Sq Ft: 17.05
  • Ratio List Price By Acres: 959885.39
  • Ratio List Price By Sq Ft: 19.69
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Shingles
  • School Tax: 815
  • Sub Board Code: Syracuse
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3040
  • Age of Building: 103
  • Year Built: 1919
  • Directions To Property: travel south on South Avenue make left on Cortland Avenue make a left hand turn onto Ballard ..House is on the left
  • Subdivision Comm Complex: Newcomb Place
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1919

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Total Sq Ft: 3402

Exterior Features

  • Construction: Frame, Wood
  • Number of Acres: 0.0698

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 1 Space

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-086-000-0013-009-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3095

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2020
Closed on
Nov 24, 2020
Sold by
Jeals Llc
Bought by
Realty Journey Qof Llc
Seller's Agent
Kennedy Davis
Gilbo Realty LLC
Buyer's Agent
Michael Sutkus
Dropped Members
List Price
$75,000
Sold Price
$58,000
Premium/Discount to List
-$17,000
-22.67%
Total Days on Market
103
Current Estimated Value
$105,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,756
Avg. Annual Appreciation
12.27%

Purchase Details

Closed on
Sep 3, 2015
Sold by
Morgan Willie F
Bought by
Clark Alexander

Purchase Details

Closed on
Jul 6, 2015
Sold by
Morgan Willie F
Bought by
Morgan Willie F and Morgan
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 Buyer Sale Price Title Company
Realty Journey Qof Llc $58,000 None Available
Realty Journey Qof Llc $58,000 None Available
Clark Alexander $26,000 None
Morgan Willie F -- Herbert W. Hubert
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Alexander $47,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $58,000 -13.4% $17 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $67,000 -6.9% $20 / Sq Ft
06/05/2020 06/05/20 Price Changed $72,000 -4.0% $21 / Sq Ft
05/24/2020 05/24/20 For Sale $75,000 -- $22 / 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 -- $49,000 $1,900 $47,100
2023 $1,557 $49,000 $1,900 $47,100
2022 $1,601 $49,000 $1,900 $47,100
2021 $1,601 $49,000 $1,900 $47,100
2020 $1,621 $49,000 $1,900 $47,100
2019 $1,605 $49,000 $1,900 $47,100
2018 $1,605 $49,000 $1,900 $47,100
2017 $1,496 $49,000 $1,900 $47,100
2016 $1,544 $49,000 $1,900 $47,100
2015 -- $49,000 $1,900 $47,100
2014 -- $49,000 $1,900 $47,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1265379

Central New York Information Services

APN: 311500-086-000-0013-009-000-0000