A
Seller's Agent in 2018
Allan Flumerfelt
Dropped Members
1400 Madison St Unit 1&2 Syracuse, NY 13210
Westcott NeighborhoodEstimated Value: $224,658 - $353,000
6
Beds
2
Baths
2,604
Sq Ft
$102/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Community Pool
- Forced Air Cooling System
- Corner Lot
- Thermal Windows
- 3-minute walk to Lougen Park
About This Home
As of March 2018NEW PRICE!! GREAT VALUE!! Profitable investment property in the University Hill area only a block from Thornden Park. Off Street parking, each apartment has 3 bedrooms; down has two enclosed porches and two full baths, up has one full bath and one open porch. Property has been well maintained, upgrades include blown in insulation and newer insulated windows, one high efficiency furnace; both furnaces recently serviced .Each apartment has washer and dryer hook-ups; downstairs can be either gas or electric dryer. Possible FHA financing for owner/occupant. Apt. 2 photos online, Apt. 2 can be viewed as a condition of an accepted offer; tenant works nights and is sleeping during normal business hours. Apt. one can be viewed any time with no appointment necessary.
Last Agent to Sell the Property
Allan Flumerfelt
Listing by Dropped Members License #40FL0986534 Listed on: 11/09/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,177
Year Built
- Built in 1920
Lot Details
- 4,776 Sq Ft Lot
- Lot Dimensions are 87 x 54
- Corner Lot
- Rectangular Lot
Parking
- Shared Driveway
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Partial Copper Plumbing
- Vinyl Construction Material
Interior Spaces
- 2,604 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Range Hood
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
Location
- Property is near a bus stop
Utilities
- Forced Air Cooling System
- Multiple Heating Units
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Rent includes all utilities, cooking gas, electric, heat, hot water, refuse removal, water
- Tax Lot 1
- Assessor Parcel Number 311500-047-000-0013-001-000-0000
- $55 special tax assessment
Community Details
Overview
- 2 Units
Recreation
- Community Pool
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- Operating Expense $10,000
- Gross Income $20,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2017
Closed on
Feb 20, 2018
Sold by
Flumerfelt Allan M and Mckinstry Linda L
Bought by
Taylor Dana
Seller's Agent
Allan Flumerfelt
Dropped Members
Buyer's Agent
Jennifer Moon
Four Seasons Sotheby's Inter.
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%
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
$150,303
Avg. Annual Appreciation
13.20%
Original Mortgage
$98,188
Outstanding Balance
$84,799
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$166,730
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Taylor Dana | $100,000 | -- | |
| Taylor Dana | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Taylor Dana | $98,188 | |
| Closed | Taylor Dana | $98,188 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2018 03/15/18 | Sold | $100,000 | -8.7% | $38 / Sq Ft |
| 01/05/2018 01/05/18 | Pending | -- | -- | -- |
| 12/19/2017 12/19/17 | Price Changed | $109,500 | -4.7% | $42 / Sq Ft |
| 11/09/2017 11/09/17 | For Sale | $114,900 | -- | $44 / Sq Ft |
Source: Central New York Information Services
Tax History Compared to Growth
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 | -- | $100,000 | $9,000 | $91,000 |
| 2023 | $1,787 | $100,000 | $9,000 | $91,000 |
| 2022 | $1,605 | $81,000 | $9,000 | $72,000 |
| 2021 | $1,605 | $81,000 | $9,000 | $72,000 |
| 2020 | $1,612 | $81,000 | $9,000 | $72,000 |
| 2019 | $3,201 | $76,000 | $9,000 | $67,000 |
| 2018 | $1,459 | $64,000 | $9,000 | $55,000 |
| 2017 | $1,400 | $64,000 | $9,000 | $55,000 |
| 2016 | $1,419 | $64,000 | $9,000 | $55,000 |
| 2015 | -- | $64,000 | $9,000 | $55,000 |
| 2014 | -- | $64,000 | $9,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Jennifer Moon
Four Seasons Sotheby's Inter.
(315) 320-6040
11 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1086006
APN: 311500-047-000-0013-001-000-0000
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