NOT LISTED FOR SALE

Estimated Value: $97,000 - $127,770

6 Beds
2 Baths
2,420 Sq Ft
$44/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $92,000 $38 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $688/month

10 Days on Market

About This Home

As of August 2022

Welcome to a great opportunity to own a cash-flowing 2-unit property on the Northside with many updates. You'll find newer vinyl siding, vinyl windows, a new furnace and hot water tank, along with two newer electrical panels. This property is relatively maintenance free, requiring only simple tenant turnover costs. Each unit is currently generating $750 in rent, bringing in $1,500 a month. Townsend PL is a very quiet street and conveniently located for tenants.

Last Agent to Sell the Property

Esmir Omerovic

Listing by eXp Realty License #10301216408 Listed on: 05/27/2022

eXp Realty

Co-Listed By

Glenn Riemenschneider

Listing by eXp Realty License #10301212911

Last Buyer's Agent

Nancy Freeman

Listing by Bell Home Team License #10401304573

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1900

Lot Details

  • 2,144 Sq Ft Lot
  • Lot Dimensions are 67 x 32

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 5
  • Assessor Parcel Number 311500-008-000-0016-005-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,835

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 55000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 67
  • Lot Dimension Front: 32
  • Lot Information: Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: Butternut
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1869918.70
  • Ratio Close Price By Sq Ft: 38.02
  • Ratio List Price By Acres: 1928861.79
  • Ratio List Price By Sq Ft: 39.21
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 962
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2144
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2420
  • Directions To Property: East on Butternut St, pass N Salina intersection, take left to N Townsend St, right to Ash St, right to Townsend Pl, house will be on right.
  • Sq Ft Total Pub: 2420
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2420

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0492

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 1 Space

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: 311500-008-000-0016-005-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2835

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 22, 2022
Sold by
Blask Real Estate Llc
Bought by
D & L Stiles Re Llc
Seller's Agent
Esmir Omerovic
eXp Realty
Buyer's Agent
Nancy Freeman
Bell Home Team
List Price
$94,900
Sold Price
$92,000
Premium/Discount to List
-$2,900
-3.06%
Current Estimated Value
$106,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,943
Avg. Annual Appreciation
5.13%

Purchase Details

Listed on
Jul 16, 2015
Closed on
Oct 22, 2015
Sold by
Greater Syracuse Property
Bought by
Tihic Mirza
Seller's Agent
Glenn Riemenschneider
eXp Realty
Buyer's Agent
Esmir Omerovic
eXp Realty
List Price
$7,500
Sold Price
$4,100
Premium/Discount to List
-$3,400
-45.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.59%
Original Mortgage
$52,955
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2015
Sold by
Mojberg Joy
Bought by
City Of Syracuse

Purchase Details

Closed on
Jun 1, 1998

Purchase Details

Closed on
Mar 10, 1998
Sold by
Modafferi Giovanni and Modafferi Vincent P
Bought by
Modafferi Vincent P
Source: Public Records

Range of Values:

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Average Value
Not Available
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
D & L Stiles Re Llc $92,000 None Available
Tihic Mirza $4,500 Mark W. Wasmund
City Of Syracuse -- Shannon Jones
-- -- --
Modafferi Vincent P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tihic Mirza $52,955
Previous Owner Tihic Mirza $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $92,000 -3.1% $38 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $94,900 +2214.6% $39 / Sq Ft
10/22/2015 10/22/15 Sold $4,100 -45.3% $2 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $7,500 -- $3 / 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 -- $55,000 $4,500 $50,500
2023 $1,286 $55,000 $4,500 $50,500
2022 $1,315 $55,000 $4,500 $50,500
2021 $1,315 $55,000 $4,500 $50,500
2020 $1,121 $55,000 $4,500 $50,500
2019 $913 $36,000 $4,500 $31,500
2018 $913 $20,000 $4,500 $15,500
2017 $624 $20,000 $4,500 $15,500
2016 $872 $20,000 $4,500 $15,500
2015 -- $30,000 $4,500 $25,500
2014 -- $30,000 $4,500 $25,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1409024

Central New York Information Services

APN: 311500-008-000-0016-005-000-0000