NOT LISTED FOR SALE

131 E Matson Ave Unit 33 Syracuse, NY 13205

Southside Neighborhood

Estimated Value: $93,000 - $129,231

4 Beds
2 Baths
2,244 Sq Ft
$51/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $72,500 $32 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $748/month

42 Days on Market

Highlights

  • Deck
  • Full Attic
  • Forced Air Cooling System
  • Wood Flooring

About This Home

As of September 2022

Excellent investment opportunity! Very affordable, 2-family home. Has hardwood flooring throughout both apartments, spacious living and dining areas, new front stairs going up to the porch. FULLY RENTED! Gross income is $1550 a month! First Apartment rent is $750 and second apartment rent is $800. Amazing long term tenants in place. A home at this price point is a catch, with this rental income; a true cash cow that is priced to sell!! You do not want to miss this!

Last Agent to Sell the Property

Mia Wade

Listing by Hunt Real Estate Era License #10401357727 Listed on: 05/20/2022

Hunt Real Estate Era

Last Buyer's Agent

Joseph Shutter-Beaver

Listing by Hunt Real Estate Era License #10401344659

Hunt Real Estate Era

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1914

Lot Details

  • 5,190 Sq Ft Lot
  • Lot Dimensions are 129 x 40

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Rent includes hot water, no utilities, water
  • Tax Lot 14
  • Assessor Parcel Number 311500-076-000-0013-014-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,578

Year Built

Built in 1914

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 49000
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 129
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 14
  • Nearest Cross Street: South Salina
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 608732.16
  • Ratio Close Price By Sq Ft: 32.31
  • Ratio List Price By Acres: 755667.51
  • Ratio List Price By Sq Ft: 40.11
  • Regional Board Code: Syracuse
  • Rent Includes: Hot Water, No Utilities, Water
  • Roof Description: Asphalt
  • School Tax: 490
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5190
  • Age of Building: 108
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 2244
  • Directions To Property: 81 South to Brighton Ave, left on South Salina St., then left on E. Matson Ave.
  • Sq Ft Total Pub: 2244
  • Unit: 33
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1914

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2244

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck
  • Number of Acres: 0.1191

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 1 Space, 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: 311500-076-000-0013-014-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2578

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Sep 9, 2022
Sold by
Kelly Chantel
Bought by
Thomas Gerald E
Seller's Agent
Mia Wade
Hunt Real Estate Era
Buyer's Agent
Joseph Shutter-Beaver
Hunt Real Estate Era
List Price
$90,000
Sold Price
$72,500
Premium/Discount to List
-$17,500
-19.44%
Current Estimated Value
$117,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,482
Avg. Annual Appreciation
16.43%
Original Mortgage
$53,650
Outstanding Balance
$51,371
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,685

Purchase Details

Closed on
Jan 23, 2015
Sold by
Davis Jimmy
Bought by
Odom Desiree E.

Purchase Details

Closed on
Feb 1, 2002

Purchase Details

Closed on
Sep 26, 2001
Sold by
Secretary Of Housing & and Secretary Of Housing
Bought by
Davis Jimmy and Davis Eveanne

Purchase Details

Closed on
Jul 8, 2001
Sold by
Syracuse Securities Inc
Bought by
Secretary Of Housing & and Secretary Of Housing

Purchase Details

Closed on
May 15, 2001
Sold by
Stansbury William U
Bought by
Secretary Of Housing & and Secretary Of Housing
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
Thomas Gerald E $72,500 None Available
Odom Desiree E. $8,257 --
-- -- --
Davis Jimmy $13,000 --
Secretary Of Housing & -- --
Secretary Of Housing & -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Gerald E $53,650
Closed Thomas Gerald E $53,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $72,500 -19.4% $32 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $90,000 +125.0% $40 / Sq Ft
12/08/2020 12/08/20 Sold $40,000 -33.3% $18 / Sq Ft
04/08/2020 04/08/20 For Sale $60,000 +50.0% $27 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/27/2020 03/27/20 Off Market $40,000 -- --
02/20/2020 02/20/20 For Sale $60,000 -- $27 / 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 -- $49,000 $7,500 $41,500
2023 $1,220 $49,000 $7,500 $41,500
2022 $1,249 $49,000 $7,500 $41,500
2021 $1,249 $49,000 $7,500 $41,500
2020 $1,281 $49,000 $7,500 $41,500
2019 $2,581 $49,000 $7,500 $41,500
2018 $1,273 $49,000 $7,500 $41,500
2017 $1,218 $49,000 $7,500 $41,500
2016 $1,233 $49,000 $7,500 $41,500
2015 -- $49,000 $7,500 $41,500
2014 -- $49,000 $7,500 $41,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mia Wade

    Hunt Real Estate

    (315) 877-7968

    13 in this area

    33 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Joseph Shutter-Beaver

    Hunt Real Estate

    Section Image

  • C

    Seller's Agent in 2020

    Clara Bader

    Keller Williams Syracuse

    (315) 559-0801

    2 in this area

    23 Total Sales

    Section Image
  • Jery Augustin

    Buyer's Agent in 2020

    Jery Augustin

    Acropolis Realty Group LLC

    (315) 395-9142

    6 in this area

    24 Total Sales

    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1406536

Central New York Information Services

APN: 311500-076-000-0013-014-000-0000

New York Onondaga County Syracuse 13205 Southside

131 E Matson Ave Unit 33, Syracuse, NY

This home is located at 131 E Matson Ave Unit 33, Syracuse, NY 13205 since 20 May 2022 and is currently estimated at $115,558, approximately $51 per square foot. This property was built in 1914. 131 E Matson Ave Unit 33 is a home located in Onondaga County with nearby schools including McKinley-Brighton Elementary School, Brighton Academy, and Corcoran High School.

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