NOT LISTED FOR SALE

Estimated Value: $170,000 - $359,000

6 Beds
2 Baths
2,756 Sq Ft
$107/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $321,000 $116 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,749/month

5 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • Ceiling Fan

About This Home

As of September 2023

Location, Location, Location! Perfect for owner occupant or investor!! Beautiful 2 Family home located in the heart of the Westcott neighborhood. Tons of original charm, yet modern & functional for today! Each apartment contains 1,350+ sq ft in 3 bedrooms, 1 bath, kitchen, dining & living rooms, front & rear porch. There is off street parking with full driveway and 2 car garage. The upstairs unit is rented for $1,475/mo. until 12/24. Downstairs unit is vacant right now, giving the new owner the option to move in or rent out at market value! Could be students, mid term or long term rental. Improvements include rebuilt front porch, high efficiency furnace Dec 2022, newer appliances, full bathroom renovation (unit#1) with tiled walk-in shower Sept 2020, roof replaced < 18 years. Historically grosses about $35,000 per year. The property is Turnkey CASH FLOWING investment with instant value add opportunity. All this steps from the Westcott Theater, Thornden Park, bars, restaurants, parks, Syracuse University, and area hospitals!! You do not want to miss this opportunity!!

Last Agent to Sell the Property

Brian Murphy

Listing by Acropolis Realty Group LLC License #10301218524 Listed on: 08/02/2023

Acropolis Realty Group LLC

Last Buyer's Agent

William Rich

Listing by Hunt Real Estate ERA License #10401366553

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,518

Year Built

  • Built in 1920

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 128 x 40

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,756 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes heat, hot water, refuse removal, water
  • Tax Lot 7
  • Assessor Parcel Number 311500-045-000-0001-007-000-0000

Community Details

Overview

  • 2 Units
  • Hillsdale Track Community
  • Hillsdale Track Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • Operating Expense $6,130
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,518

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 6130
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 110000
  • Foundation Description: Block
  • Gross Annual Income: 35400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 7
  • Nearest Cross Street: Westcott
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2731914.89
  • Ratio Close Price By Sq Ft: 116.47
  • Ratio List Price By Acres: 2255319.15
  • Ratio List Price By Sq Ft: 96.15
  • Regional Board Code: Syracuse
  • Rent Includes: Heat, Hot Water, Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 2030
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5120
  • Ad Copy: Turnkey CASH FLOWING investment with instant value add opportunity
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2756
  • Directions To Property: Westcott st to Harvard Pl
  • Sq Ft Total Pub: 2756
  • Subdivision Comm Complex: Hillsdale Track
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Freestanding/Window AC, Laundry-Common, Natural Woodwork - some, Pex Plumbing- Some, Sump Pump
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Luxury-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2756

Exterior Features

  • Construction: Shake Shingle, Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1175

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Green Features

  • Energystar: Heating

Lot Info

  • Parcel Number: 311500-045-000-0001-007-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5518

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Fiske Christine and Fiske Steven P
Bought by
Grateful Ventures Llc
Current Estimated Value
$295,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 2, 2023
Sold by
Lazarov Stoyan
Bought by
Fiske Christine and Fiske Steven P
Seller's Agent
Brian Murphy
Acropolis Realty Group LLC
Buyer's Agent
William Rich
Hunt Real Estate ERA
List Price
$265,000
Sold Price
$321,000
Premium/Discount to List
$56,000
21.13%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.95%
Original Mortgage
$100,000
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 12, 2019
Closed on
Nov 1, 2019
Sold by
Serraro Patricia F
Bought by
Begley David and Begley Analiza
Seller's Agent
Mary Licata
Hunt Real Estate ERA
Buyer's Agent
Michael Summers
Keller Williams Realty Greater Binghamton
List Price
$215,000
Sold Price
$175,000
Premium/Discount to List
-$40,000
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%
Original Mortgage
$128,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 12, 2019
Closed on
Oct 16, 2019
Sold by
Begley David and Begley Analiza C
Bought by
Lazarov Stoyan
Seller's Agent
Mary Licata
Hunt Real Estate ERA
Buyer's Agent
Michael Summers
Keller Williams Realty Greater Binghamton
List Price
$215,000
Sold Price
$175,000
Premium/Discount to List
-$40,000
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Grateful Ventures Llc -- None Available
Fiske Christine $321,000 None Available
Begley David $130,000 --
Begley David $130,000 --
Lazarov Stoyan $160,000 --
Lazarov Stoyan $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grateful Ventures Llc $253,500
Previous Owner Robinson Timothy C $100,000
Previous Owner Lazarov Stoyan $128,000
Previous Owner Lazarov Stoyan $128,000
Previous Owner Begley Jane E $10,473
Previous Owner Begley Jane E $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $321,000 +21.1% $116 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $265,000 +51.4% $96 / Sq Ft
10/23/2019 10/23/19 Sold $175,000 -10.3% $63 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/13/2019 08/13/19 Price Changed $195,000 -2.5% $71 / Sq Ft
07/23/2019 07/23/19 Price Changed $199,900 -2.5% $73 / Sq Ft
06/28/2019 06/28/19 Price Changed $205,000 -4.7% $74 / Sq Ft
06/12/2019 06/12/19 For Sale $215,000 -- $78 / 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 -- $125,000 $9,300 $115,700
2023 $2,065 $125,000 $9,300 $115,700
2022 $1,927 $110,000 $9,300 $100,700
2021 $1,927 $110,000 $9,300 $100,700
2020 $2,028 $110,000 $9,300 $100,700
2019 $1,973 $110,000 $9,300 $100,700
2018 $1,973 $105,400 $9,300 $96,100
2017 $1,903 $105,400 $9,300 $96,100
2016 $1,935 $105,400 $9,300 $96,100
2015 -- $105,400 $9,300 $96,100
2014 -- $105,400 $9,300 $96,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1488186

Central New York Information Services

APN: 311500-045-000-0001-007-000-0000