J
Seller's Agent in 2022
Jozlyn Melvin
Dropped Members
127 Craddock St Unit 31 Syracuse, NY 13207
Elmwood NeighborhoodEstimated Value: $112,000 - $161,000
4
Beds
3
Baths
2,112
Sq Ft
$66/Sq Ft
Est. Value
About This Home
As of March 2022Calling 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
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 80x116
Parking
- Paved Parking
Home Design
- Aluminum Siding
- Steel Siding
Interior Spaces
- 2,112 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- 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 Gas Meters
- Operating Expense $4,200
- Gross Income $18,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2022
Closed on
Mar 2, 2022
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,770
Avg. Annual Appreciation
15.35%
Purchase Details
Listed on
Jun 1, 2012
Closed on
Oct 24, 2012
Sold by
Bought by
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
New Conventional
Purchase Details
Listed on
Jun 1, 2012
Closed on
Oct 23, 2012
Sold by
Bought by
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
New Conventional
Purchase Details
Closed on
May 7, 2012
Sold by
Bought by
Purchase Details
Closed on
Nov 15, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $75,000 | None Available | ||
| $39,000 | James Wallace | ||
| $38,900 | James Wallace | ||
| $7,500 | William Bradt | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $13,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,638 | $63,900 | $11,700 | $52,200 |
| 2024 | $1,369 | $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
-
-
Jeffrey MacBain
Buyer's Agent in 2022
Jeffrey MacBain
Hunt Real Estate
(315) 313-4249
3 in this area
160 Total Sales
-
A
Seller's Agent in 2012
Anthony Monteleone
Howard Hanna
-
J
Buyer's Agent in 2012
Joseph C. Scordo
Howard Hanna
Map
Source: Central New York Information Services
MLS Number: S1387234
APN: 311500-079-000-0011-036-001-0000
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