NOT LISTED FOR SALE

124 N Lorraine Ave Syracuse, NY 13210

Outer Comstock Neighborhood

Estimated Value: $194,000 - $305,000

4 Beds
2 Baths
2,320 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $155,200 $67 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,448/month

14 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Cooling System
  • 2 Fireplaces

About This Home

As of September 2022

2 unit rental located within walking distance to Syracuse University. Both apartments are currently vacant allowing new owner to determine rental amounts! Area is surrounded by student housing so this would fit in great for renting by the room. The property is in need of renovations. Water and utilities are currently off, condition of plumbing is unknown.

Last Agent to Sell the Property

Veronica Halligan

Listing by WEICHERT, REALTORS-TBG License #10401322656 Listed on: 06/13/2022

WEICHERT, REALTORS-TBG

Last Buyer's Agent

Veronica Halligan

Listing by WEICHERT, REALTORS-TBG License #10401322656 Listed on: 06/13/2022

WEICHERT, REALTORS-TBG

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1965

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 133 x 82
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Wood Flooring
  • Walk-Out Basement
  • Scuttle Attic Hole

Parking

  • 2 Car Garage
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 311500-058-000-0004-016-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1965

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 90000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 133
  • Lot Dimension Front: 82
  • Lot Information: Corner Lot, Secondary Road
  • Lot Number: 16
  • Nearest Cross Street: Robert Dr
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 612712.20
  • Ratio Close Price By Sq Ft: 66.90
  • Ratio List Price By Acres: 651401.50
  • Ratio List Price By Sq Ft: 71.12
  • Regional Board Code: Syracuse
  • Roof Description: Shingles
  • School Tax: 1543
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 11034
  • Age of Building: 57
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 2320
  • Directions To Property: 124 North Lorraine Ave Syracuse, NY 13210
  • Sq Ft Total Pub: 2320
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkout
  • Floor Description: Hardwood-Some
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Total Sq Ft: 2320

Exterior Features

  • Construction: Brick, Vinyl
  • Number of Acres: 0.2533

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Shared

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: 311500-058-000-0004-016-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4148

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 31, 2022
Sold by
Cleghorn Properties Llc
Bought by
124 N Lorraine Ave Llc
Seller's Agent
Veronica Halligan
WEICHERT, REALTORS-TBG
Buyer's Agent
Veronica Halligan
WEICHERT, REALTORS-TBG
List Price
$165,000
Sold Price
$155,200
Premium/Discount to List
-$9,800
-5.94%
Current Estimated Value
$241,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,717
Avg. Annual Appreciation
16.12%

Purchase Details

Closed on
Jun 13, 2022
Sold by
Specialized Loan Svng Llc
Bought by
Cleghorn Properties Llc

Purchase Details

Closed on
Jul 17, 2002

Purchase Details

Closed on
Feb 26, 1998
Sold by
Malloy John F and Malloy Jane H
Bought by
Joe Arthur D
Source: Public Records

Range of Values:

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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
124 N Lorraine Ave Llc $155,200 None Available
Cleghorn Properties Llc $143,000 None Available
-- -- --
Joe Arthur D $77,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $155,200 -5.9% $67 / Sq Ft
06/13/2022 06/13/22 For Sale $165,000 -- $71 / 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 -- $90,000 $12,700 $77,300
2023 $1,675 $90,000 $12,700 $77,300
2022 $1,705 $90,000 $12,700 $77,300
2021 $1,705 $90,000 $12,700 $77,300
2020 $1,783 $90,000 $12,700 $77,300
2019 $4,165 $90,000 $12,700 $77,300
2018 $1,782 $90,000 $12,700 $77,300
2017 $1,716 $90,000 $12,700 $77,300
2016 $1,743 $90,000 $12,700 $77,300
2015 -- $90,000 $12,700 $77,300
2014 -- $90,000 $12,700 $77,300
Source: Public Records

Agents Affiliated with this Home

  • Veronica Halligan

    Seller's Agent in 2022

    Veronica Halligan

    WEICHERT, REALTORS-TBG

    (315) 750-2649

    1 in this area

    52 Total Sales

    Veronica Halligan
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Map

Source: Central New York Information Services

MLS Number: S1412999

Central New York Information Services

APN: 311500-058-000-0004-016-000-0000

New York Onondaga County Syracuse 13210 Outer Comstock

124 N Lorraine Ave, Syracuse, NY

This home is located at 124 N Lorraine Ave, Syracuse, NY 13210 since 13 June 2022 and is currently estimated at $241,917, approximately $104 per square foot. This property was built in 1965. 124 N Lorraine Ave is a home located in Onondaga County with nearby schools including Edward Smith School PTO, Nottingham High School, and Montessori School Of Syracuse.

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