NOT LISTED FOR SALE

Estimated Value: $333,135 - $416,000

6 Beds
2 Baths
4,239 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $265,000 $63 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,127/month

5 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Forced Air Cooling System
  • Full Attic
  • Thermal Windows
  • Storage

About This Home

As of June 2021

This well maintained & spacious (4239sqft) 2-family home boasts gleaming hardwoods and abundant natural light throughout. Upstairs you'll find 3 Bedrooms and 1 bath with featuring a 3 season enclosed porch/balcony off of the large Livingroom with beautiful built-in bookshelves! On the 1st floor you'll find 4 Bedrooms (one with its own 1/2 bath), a full bath, a large living and dining room with an eat-in kitchen! This stellar investment property is close to both the Syracuse University and Lemoyne College campuses making this rental highly desirable with students, grad students and faculty alike! This home is walking distance to the Wescott neighborhood, all of the restaurants, coffee shops, convenient stores, bus lines and more! TURN-KEY OPERATION WITH GREAT INCOME!

Last Agent to Sell the Property

Ryan Hanlon

Listing by Acropolis Realty Group LLC License #10401316693 Listed on: 03/18/2021

Acropolis Realty Group LLC

Last Buyer's Agent

Edward Glassberg

Listing by Coldwell Banker Prime Prop,Inc License #30GL0598193

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1925

Lot Details

  • 7,804 Sq Ft Lot
  • Lot Dimensions are 130 x 60

Parking

  • Driveway

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 4,239 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Thermal Windows
  • Storage
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Attic

  • Full Attic
  • Attic Stairs

Location

  • Property is near bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Available
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, no utilities, refuse removal, water
  • Tax Lot 45
  • Assessor Parcel Number 311500-037-000-0021-045-000-0000

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $6,100
  • Gross Income $35,400

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,354

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Annual Operating Expenses: 6100
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 144000
  • Foundation Description: Block, Stone
  • Gross Annual Income: 35400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 45
  • Nearest Cross Street: East Genesee St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1479620.32
  • Ratio Close Price By Sq Ft: 62.51
  • Ratio List Price By Acres: 1534896.71
  • Ratio List Price By Sq Ft: 64.85
  • Regional Board Code: Syracuse
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, No Utilities, Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 2470
  • Sub Board Code: Syracuse
  • Type of Residence: Duplex, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7804
  • Age of Building: 97
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 4239
  • Directions To Property: Take E. Genesee to Cambridge. Home is on your left.
  • Sq Ft Total Pub: 4239
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry-Common, Pex Plumbing- Some, Storage
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some, Vinyl-Some
  • Number of Fireplaces Not Repto Code: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Total Sq Ft: 4239

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Thermal Windows - Some
  • Number of Acres: 0.1791

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop, Parking Area

Utilities

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

Lot Info

  • Parcel Number: 311500-037-000-0021-045-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 6354

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 17, 2021
Sold by
Hosein Zorida
Bought by
Feldman Richard and Fialka Janice
Seller's Agent
Ryan Hanlon
Acropolis Realty Group LLC
Buyer's Agent
Edward Glassberg
Coldwell Banker Prime Prop,Inc
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Current Estimated Value
$371,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,784
Avg. Annual Appreciation
7.73%
Original Mortgage
$198,750
Outstanding Balance
$179,943
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,841
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feldman Richard $265,000 None Available
Feldman Richard $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Richard $198,750
Closed Feldman Richard $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $265,000 -3.6% $63 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $274,900 -- $65 / 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 $2,224 $144,000 $12,900 $131,100
2023 $2,276 $144,000 $12,900 $131,100
2022 $2,305 $144,000 $12,900 $131,100
2021 $2,305 $144,000 $12,900 $131,100
2020 $2,151 $144,000 $12,900 $131,100
2019 $2,154 $120,000 $12,900 $107,100
2018 $2,154 $120,000 $12,900 $107,100
2017 $2,080 $120,000 $12,900 $107,100
2016 $2,116 $120,000 $12,900 $107,100
2015 -- $120,000 $12,900 $107,100
2014 -- $120,000 $12,900 $107,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1323771

Central New York Information Services

APN: 311500-037-000-0021-045-000-0000