NOT LISTED FOR SALE

114 Chestnut St Syracuse, NY 13212

Estimated Value: $161,875 - $227,000

6 Beds
2 Baths
2,428 Sq Ft
$80/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $100,000 $41 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,358/month

35 Days on Market

Highlights

  • 0.46 Acre Lot
  • Forced Air Cooling System
  • Baseboard Heating
  • Deck
  • Property is near bus stop
  • 3-minute walk to North Syracuse Veteran's Memorial Park

About This Home

As of October 2020

Great two family, renovated investment property in a great location. Truly turn key with a 10% Cap Rate!
Contact Danté Belmonte for property financials. Buyer did NOT even make it to home inspection.

Last Agent to Sell the Property

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 07/27/2020

Hunt Real Estate ERA

Last Buyer's Agent

Richard McCarron

Listing by eXp Realty License #10301210568

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 1930

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 305 x 66

Parking

  • Stone Driveway

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,428 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Available
  • PEX Plumbing
  • Electric Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Deck
  • Property is near bus stop

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, water
  • Tax Lot 27
  • Assessor Parcel Number 312401-002-000-0007-027-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $3,612
  • Gross Income $21,396

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,605

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Accessibility: 32 Inch Doors - some
  • Annual Operating Expenses: 3612
  • NY Swis Code: North Syracuse Village-Clay-312401
  • Total Assessed Value: 70886
  • Foundation Description: Stone
  • Gross Annual Income: 21396
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 305
  • Lot Dimension Front: 66
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 27
  • Nearest Cross Street: route 11
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 216403.38
  • Ratio Close Price By Sq Ft: 41.19
  • Ratio List Price By Acres: 248647.48
  • Ratio List Price By Sq Ft: 47.32
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Refuse Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1735
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Village: North Syracuse-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 20130
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 2428
  • Directions To Property: Left off of Route 11
  • Sq Ft Total Pub: 2428
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Additional Interior Features: Pex Plumbing- Some
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2428

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck
  • Number of Acres: 0.4621

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

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

Lot Info

  • Parcel Number: 312401-002-000-0007-027-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3605

MLS Schools

  • School District Name: North Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Sep 10, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Hamad Yazan A
Seller's Agent
Candy Costa
Candy Costa Real Estate LLC
Buyer's Agent
Michael Sutkus
Dropped Members
List Price
$50,000
Sold Price
$62,099
Premium/Discount to List
$12,099
24.2%
Current Estimated Value
$195,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,120
Avg. Annual Appreciation
16.81%

Purchase Details

Closed on
Jan 6, 2006
Sold by
Parker Gary
Bought by
Herring Daniel
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
Hamad Yazan A $62,099 --
Hamad Yazan A $62,099 --
Herring Daniel $60,000 David Gideon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $100,000 -13.0% $41 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $114,900 -8.0% $47 / Sq Ft
08/07/2020 08/07/20 Price Changed $124,900 -7.5% $51 / Sq Ft
07/27/2020 07/27/20 For Sale $135,000 +90.1% $56 / Sq Ft
12/19/2019 12/19/19 Sold $71,000 -20.2% $29 / Sq Ft View Prior Sale
10/29/2019 10/29/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $89,000 -8.2% $37 / Sq Ft
09/09/2019 09/09/19 Price Changed $97,000 -18.5% $40 / Sq Ft
08/07/2019 08/07/19 Price Changed $119,000 -14.9% $49 / Sq Ft
07/18/2019 07/18/19 For Sale $139,900 +125.3% $58 / Sq Ft
09/13/2018 09/13/18 Sold $62,099 +24.2% $30 / Sq Ft View Prior Sale
08/08/2018 08/08/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $50,000 0.0% $24 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $50,000 -- $24 / Sq Ft
Source: Central New York Information Services

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 $3,865 $2,800 $400 $2,400
2023 $3,685 $2,800 $400 $2,400
2022 $3,712 $2,800 $400 $2,400
2021 $3,639 $2,800 $400 $2,400
2020 $3,532 $2,800 $400 $2,400
2019 $1,089 $2,800 $400 $2,400
2018 $3,328 $2,800 $400 $2,400
2017 $1,000 $2,500 $400 $2,100
2016 $2,999 $2,500 $400 $2,100
2015 -- $2,500 $400 $2,100
2014 -- $2,500 $400 $2,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1281430

Central New York Information Services

APN: 312401-002-000-0007-027-000-0000