NOT LISTED FOR SALE

123 1st St Syracuse, NY 13209

Estimated Value: $219,120

7 Beds
3 Baths
3,225 Sq Ft
$68/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2016

Last sale price $90,000 $28 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,674 / mo

132 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • 3 Car Garage
  • Wood Flooring
  • Baseboard Heating

About This Home

As of April 2016

Looking for a great investment opportunity? This 3-unit fully rented Solvay electric with long term tenants have almost 20% cap rate. There are 3-car garage. Tenants are responsible for their utilities. Property is in pretty good condition with newer electrical and mechanical.

Last Agent to Sell the Property

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 05/06/2015

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

John Drazek

Listing by Dropped Members License #40DR0245621

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 3,225 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Cooktop
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 313201-007-000-0003-008-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1920
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: Milton Ave to Cogswell to First St.
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Attic
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Solvay

Lot Info

  • Parcel Number: 313201-007-000-0003-008-000-0000
  • Lot Dimensions: 50X100
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 1500.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5445.0
  • Tax Other Annual Assessment Amount: 54.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Apr 29, 2016
Sold by
Gannon Mary
Bought by
Bysiak Marian
Seller's Agent
Susan Li
Coldwell Banker Prime Prop,Inc
Buyer's Agent
John Drazek
Dropped Members
List Price
$97,500
Sold Price
$90,000
Premium/Discount to List
-$7,500
-7.69%
Current Estimated Value
$219,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,120
Avg. Annual Appreciation
9.28%

Purchase Details

Closed on
Oct 7, 2004
Sold by
Cerullo Pasquale
Bought by
Gannon Mary B

Purchase Details

Closed on
Oct 5, 2000
Sold by
Diflorio Patrick F
Bought by
Moth Leah

Purchase Details

Closed on
Jun 21, 1996
Sold by
Cerullo Pasquale
Bought by
Diflorio Patrick F
Source: Public Records
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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
Bysiak Marian $90,000 --
Gannon Mary B $86,700 Francis Jr Stinziano
Moth Leah $6,500 J. Craig Kerr
Diflorio Patrick F $13,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $90,000 -7.7% $28 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $97,500 -- $30 / 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
2025 $6,141 $84,000 $10,300 $73,700
2024 $6,457 $84,000 $10,300 $73,700
2023 $5,944 $84,000 $10,300 $73,700
2022 $5,868 $84,000 $10,300 $73,700
2021 $5,810 $84,000 $10,300 $73,700
2020 $5,731 $84,000 $10,300 $73,700
2019 -- $84,000 $10,300 $73,700
2018 $8,424 $84,000 $10,300 $73,700
2017 $5,467 $84,000 $10,300 $73,700
2016 $9,628 $84,000 $10,300 $73,700
2015 -- $84,000 $10,300 $73,700
2014 -- $84,000 $10,300 $73,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S331533

Central New York Information Services

APN: 313201-007-000-0003-008-000-0000

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