NOT LISTED FOR SALE

Estimated Value: $88,000 - $132,000

3 Beds
2 Baths
1,470 Sq Ft
$79/Sq Ft Est. Value

Last Sold August 09, 2016

Last sale price $37,000 $25 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $724/month

182 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Cooling System
  • Heating System Uses Gas
  • Wood Flooring
  • Property is near a bus stop
  • 3-minute walk to Highland Park

About This Home

As of August 2016

Formerly owner occupied multi family that is ideal for the investor or owner occupant; positive cash flow from day 1. There are no major repairs or serious deferred maintenance issues; your only job will be to collect the rent. Furnace and hot water heater are 3-5 years old; utility costs are under $80 a month per unit! Owner is serious about selling and has priced the property fairly for a quick sale.

Last Agent to Sell the Property

Bill Crocker

Listing by Hunt Real Estate Era Listed on: 01/11/2016

Hunt Real Estate Era

Last Buyer's Agent

Nancy Hayman

Listing by Howard Hanna Real Estate License #10301213626

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 140 x 44
  • Wooded Lot

Parking

  • No Garage

Interior Spaces

  • 1,470 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Location

  • Property is near a bus stop

Schools

  • Henninger High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes all utilities, electric, grounds maintenance, heat, hot water, lawn maintenance, refuse removal, snow removal, water
  • Assessor Parcel Number 311500-016-000-0016-024-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • Operating Expense $6,300
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 116
  • Annual Operating Expenses: 6300
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 50100
  • Gross Annual Income: 13800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 44
  • Lot Information: Near Bus Line, Neighborhood Street, Wooded Lot
  • L P Per Acre: 292142.8600
  • List Price per Sq Ft: 27.8231
  • Nearest Cross Street: Highland Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 264285.71
  • Ratio Close Price By Sq Ft: 25.17
  • Ratio List Price By Acres: 292142.86
  • Ratio List Price By Sq Ft: 27.82
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: All Utilities, Electric, Grounds Maintenance, Heat, Hot Water, Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • School Tax: 868
  • Sale Price List Price: 0.9046
  • S P Per Acre: 264285.7100
  • S P Per Sq Ft: 25.1700
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 40900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: East on James Street to left on Highland Street to right onto Highland Ave (123)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 8
  • Total Sq Ft: 1470

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1400

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Parking Area

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Syracuse
  • High School: Henninger High

Lot Info

  • Parcel Number: 311500-016-000-0016-024-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2243

MLS Schools

  • High School Name: Henninger High
  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Aug 11, 2016
Sold by
Mckay Jason
Bought by
D & D Syracuse Properties L
Seller's Agent
Bill Crocker
Hunt Real Estate Era
Buyer's Agent
Nancy Hayman
Howard Hanna Real Estate
List Price
$49,900
Sold Price
$37,000
Premium/Discount to List
-$12,900
-25.85%
Current Estimated Value
$116,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,264
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Jul 16, 2008
Sold by
Barrett Adrianne Sacco
Bought by
Mckay Jason
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
D & D Syracuse Properties L $37,000 Scott Lickstein
Mckay Jason $39,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $37,000 -25.9% $25 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $49,900 -- $34 / 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 $9,100 $45,900
2023 $1,286 $55,000 $9,100 $45,900
2022 $1,261 $55,000 $9,100 $45,900
2021 $1,261 $50,100 $9,100 $41,000
2020 $1,294 $50,100 $9,100 $41,000
2019 $1,287 $50,100 $9,100 $41,000
2018 $1,287 $50,100 $9,100 $41,000
2017 $1,024 $50,100 $9,100 $41,000
2016 $1,246 $50,100 $9,100 $41,000
2015 -- $50,100 $9,100 $41,000
2014 -- $55,100 $9,100 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S346681

Central New York Information Services

APN: 311500-016-000-0016-024-000-0000