NOT LISTED FOR SALE

127 Craddock St Unit 31 Syracuse, NY 13207

Southside Neighborhood

Estimated Value: $106,000 - $180,000

4 Beds
3 Baths
2,112 Sq Ft
$66/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $75,000 $36 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $851/month

2 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Forced Air Cooling System

About This Home

As of March 2022

Calling all investors!!! Whether you're looking to build your Syracuse empire or you're looking to add to an already healthy profile, this package deal is too good to miss. Sold as a package with 716 W Brighton, these two multi family properties are fully occupied and just waiting for someone to collect. This cash cow has hardwood floors throughout, an excellent roof, newer furnace and hot water heaters as well as excellent storage space in the shed. With a CAP rate of 18.4% you're sure to see a quick ROI. Showings on this house only with accepted offer as to not disturb the tenants. Don't wait, a package this sweet is sure to be gone quick.

Last Agent to Sell the Property

Jozlyn Melvin

Listing by Dropped Members License #10401311495 Listed on: 02/01/2022

Dropped Members

Last Buyer's Agent

Jeffrey MacBain

Listing by Hunt Real Estate ERA License #10301220653

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,148

Year Built

  • Built in 1935

Lot Details

  • 9,316 Sq Ft Lot
  • Lot Dimensions are 116 x 80

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 36
  • Assessor Parcel Number 311500-079-000-0011-036-001-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $4,200
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,148

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Annual Operating Expenses: 4200
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 63900
  • Gross Annual Income: 18000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 80
  • Lot Information: Neighborhood Street
  • Lot Number: 36
  • Nearest Cross Street: E Colvin
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 350631.14
  • Ratio Close Price By Sq Ft: 35.51
  • Ratio List Price By Acres: 397381.95
  • Ratio List Price By Sq Ft: 40.25
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 1095
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9316
  • Age of Building: 87
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 2112
  • Directions To Property: E Colvin to Craddock
  • Sq Ft Total Pub: 2112
  • Unit: 31
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 2112

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.2139

Garage/Parking

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

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: 311500-079-000-0011-036-001-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3148

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 2, 2022
Sold by
Starpine Properties Llc
Bought by
Brooks Ft
Seller's Agent
Jozlyn Melvin
Dropped Members
Buyer's Agent
Jeffrey MacBain
Hunt Real Estate ERA
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
$133,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,254
Avg. Annual Appreciation
19.70%

Purchase Details

Listed on
Jun 1, 2012
Closed on
Oct 24, 2012
Sold by
Jackson Keith
Bought by
Starpine Properties Llc
Seller's Agent
Anthony Monteleone
Howard Hanna Real Estate
Buyer's Agent
Joseph C. Scordo
Howard Hanna Real Estate
List Price
$49,900
Sold Price
$38,900
Premium/Discount to List
-$11,000
-22.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$13,900
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 1, 2012
Closed on
Oct 23, 2012
Sold by
Jackson Keith
Bought by
Starpine Properties Llc
Seller's Agent
Anthony Monteleone
Howard Hanna Real Estate
Buyer's Agent
Joseph C. Scordo
Howard Hanna Real Estate
List Price
$49,900
Sold Price
$38,900
Premium/Discount to List
-$11,000
-22.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,900
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2012
Sold by
Doroszko Elena
Bought by
Jackson Kevin F

Purchase Details

Closed on
Nov 15, 2007
Sold by
Doroszko Elena
Bought by
Doroszko Elena L and Doroszko U
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brooks Ft $75,000 None Available
Starpine Properties Llc $39,000 James Wallace
Starpine Properties Llc $38,900 James Wallace
Jackson Kevin F $7,500 William Bradt
Doroszko Elena L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starpine Properties Llc $143,200
Previous Owner Starpine Properties Llc $13,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $75,000 -11.8% $36 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $85,000 +118.5% $40 / Sq Ft
11/08/2012 11/08/12 Sold $38,900 -22.0% $18 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $49,900 -- $24 / 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 -- $63,900 $11,700 $52,200
2023 $1,385 $63,900 $11,700 $52,200
2022 $1,414 $63,900 $11,700 $52,200
2021 $1,414 $63,900 $11,700 $52,200
2020 $1,463 $63,900 $11,700 $52,200
2019 $3,192 $63,900 $11,700 $52,200
2018 $1,458 $63,900 $11,700 $52,200
2017 $1,399 $63,900 $11,700 $52,200
2016 $1,418 $63,900 $11,700 $52,200
2015 -- $63,900 $11,700 $52,200
2014 -- $63,900 $11,700 $52,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jozlyn Melvin

    Dropped Members

    Section Image
  • Jeffrey MacBain

    Buyer's Agent in 2022

    Jeffrey MacBain

    Hunt Real Estate

    (315) 313-4249

    7 in this area

    186 Total Sales

    Section Image

  • A

    Seller's Agent in 2012

    Anthony Monteleone

    Howard Hanna

  • J

    Buyer's Agent in 2012

    Joseph C. Scordo

    Howard Hanna

    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1387234

Central New York Information Services

APN: 311500-079-000-0011-036-001-0000

New York Onondaga County Syracuse 13207 Southside

127 Craddock St Unit 31, Syracuse, NY

This home is located at 127 Craddock St Unit 31, Syracuse, NY 13207 since 01 February 2022 and is currently estimated at $138,677, approximately $65 per square foot. This property was built in 1935. 127 Craddock St Unit 31 is a home located in Onondaga County with nearby schools including Brighton Academy, Corcoran High School, and Syracuse Academy of Science & Citizenship Charter School.

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