NOT LISTED FOR SALE

Estimated Value: $325,000 - $362,000

5 Beds
2 Baths
2,154 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $305,000 $142 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,125/month

56 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Corner Lot
  • Property is near public transit
  • Attic
  • Balcony

About This Home

As of February 2024

Investor's delight! Prime Location on quiet street. A quick walk to Syracuse University campus or take the bus for free as it stops in front of the house. Plenty of off-street parking. A perfect live in and rent property with a separate entrance for the 1-bedroom apartment. The 4 bedrooms are great S.U. student rentals with full fire sprinkler system throughout the house. Square footage is increased by 700 sq ft as the City of Syracuse approved a 4th bedroom and living room with sprinkler system on the 3rd floor as additional living space. Fully furnished, new vinyl siding, new paint, updated kitchen, new flooring, newer windows, new hot water heater, and the roof is less than 10 years old. Includes free basement laundry! Fabulous income property to add to your portfolio!!

Last Listed By

Gina Kadah

Listing by Howard Hanna Real Estate License #40KA1088158 Listed on: 10/20/2023

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,165

Year Built

  • Built in 1915

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 132x40
  • Corner Lot
  • Rectangular Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,154 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Cedar Closet
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • PEX Plumbing
  • Gas Water Heater

Listing and Financial Details

  • Rent includes hot water
  • Tax Lot 18
  • Assessor Parcel Number 311500-052-000-0010-018-000-0000

Community Details

Building Details

  • 2 Separate Gas Meters
  • Gross Income $36,600

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,165

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Hot Water
  • Year Built: 1915
  • ResoLaundryFeatures: Common Area
  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: RUSA202
  • Co List Office Phone: 315-446-8291
  • Directions: Take Euclid ave to left on Lancaster to home on corner of Lancaster and Kensington on right.
  • Architectural Style: Duplex
  • Flooring: Laminate, Resilient, Tile, Varies, Vinyl
  • Interior Features: Attic, Cedar Closet(s), Bedroom on Main Level, Programmable Thermostat
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1212
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding, Copper Plumbing, PEX Plumbing
  • Exterior Features: Balcony, Deck
  • Foundation Details: Block
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-052-000-0010-018-000-0000
  • Lot Dimensions: 132X40
  • Lot Size Sq Ft: 5280.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 36600.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7165.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Feb 12, 2024
Sold by
Upstate Utopia Llc
Bought by
Gudla Rajesh and Kotni Rama K
Seller's Agent
Gina Kadah
Howard Hanna Real Estate
Buyer's Agent
Olivia Ciambriello
NextHome CNY Realty
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Total Days on Market
56
Views
242
Current Estimated Value
$342,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,226
Avg. Annual Appreciation
7.17%
Original Mortgage
$274,500
Outstanding Balance
$270,982
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,283

Purchase Details

Listed on
Jul 25, 2014
Closed on
Sep 26, 2014
Sold by
Mackie Christopher
Bought by
Upstate Utopia Llc
Seller's Agent
Dan Murphy
University Hill Realty Ltd
Buyer's Agent
Daniel Gaulin
Hunt Real Estate ERA
List Price
$175,000
Sold Price
$177,000
Premium/Discount to List
$2,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
May 27, 2003
Sold by
Christou Chris
Bought by
Krumm Donald L

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
Gudla Rajesh $305,000 None Available
Upstate Utopia Llc $177,000 --
Upstate Utopia Llc $177,000 --
Krumm Donald L $70,000 William Rose
Krumm Donald L $70,000 William Rose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudla Rajesh $274,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $305,000 +1.7% $142 / Sq Ft
10/20/2023 10/20/23 For Sale $300,000 +69.5% $139 / Sq Ft
09/26/2014 09/26/14 Sold $177,000 +1.1% $122 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $175,000 -- $120 / 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 -- $173,000 $12,600 $160,400
2023 $2,509 $165,000 $12,600 $152,400
2022 $2,538 $165,000 $12,600 $152,400
2021 $2,538 $165,000 $12,600 $152,400
2020 $2,384 $165,000 $12,600 $152,400
2019 $2,390 $139,000 $12,600 $126,400
2018 $2,390 $139,000 $12,600 $126,400
2017 $2,189 $139,000 $12,600 $126,400
2016 $2,353 $139,000 $12,600 $126,400
2015 -- $129,000 $12,600 $116,400
2014 -- $129,000 $12,600 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1504675

Central New York Information Services

APN: 311500-052-000-0010-018-000-0000