NOT LISTED FOR SALE

151 Reed Ave Unit 53 Syracuse, NY 13207

Strathmore Neighborhood

Estimated Value: $107,000 - $168,078

6 Beds
2 Baths
2,540 Sq Ft
$57/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2018

Last sale price $52,500 $21 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $897 / mo

12 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of November 2018

Money making Rental property! Near all amenities and located minutes away from Downtown Syracuse, Destiny and Syracuse University. Two new furnaces with brand new ductwork, natural woodwork, stained glass windows. The Lower apartment features High Ceilings, French doors, large kitchen/bathroom & a front porch. The upper apartment has a similar floor plan, a large kitchen & Spacious Bedrooms. Separate utilities. Both units cleaned and vacant and ready to go! Cash-flow potential upon purchase! Additional side lot sells with property.

Last Agent to Sell the Property

David Baron

Listing by Coldwell Banker Prime Prop,Inc License #40BA0951643 Listed on: 06/22/2018

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Nicole Foresti

Listing by A & F Real Estate, Inc License #10311202159

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,280 Sq Ft Lot
  • Lot Dimensions are 40x107

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 311500-088-000-0005-033-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

4,280 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1910
  • Lot Features: Near Public Transit
  • Directions: Bellevue to Reed
  • Flooring: Hardwood, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0983
  • Waterfront: No
  • Construction Type: Other, See Remarks

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-088-000-0005-033-000-0000
  • Lot Dimensions: 40X107
  • Lot Size Sq Ft: 4280.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3686.0
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Nov 20, 2018
Sold by
B & C Hldg Pro Llc
Bought by
Noel Jean A
Seller's Agent
David Baron
Coldwell Banker Prime Prop,Inc
Buyer's Agent
Nicole Foresti
A & F Real Estate, Inc
List Price
$55,000
Sold Price
$52,500
Premium/Discount to List
-$2,500
-4.55%
Current Estimated Value
$145,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,270
Avg. Annual Appreciation
14.69%
Original Mortgage
$39,375
Outstanding Balance
$34,339
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,431

Purchase Details

Closed on
Apr 12, 2007
Sold by
Cimildora Davey L
Bought by
B & C Holding Prop Llc

Purchase Details

Closed on
Mar 29, 2007
Sold by
Griffo Gary J
Bought by
Cimildora Davey L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Noel Jean A $52,500 --
Noel Jean A $52,500 --
B & C Holding Prop Llc -- --
Cimildora Davey L $70,744 Robert Allan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noel Jean A $39,375
Closed Noel Jean A $39,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2018 11/23/18 Sold $52,500 -4.5% $21 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $55,000 -- $22 / Sq Ft
Source: Central New York Information Services

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 $1,487 $75,000 $9,400 $65,600
2023 $1,509 $75,000 $9,400 $65,600
2022 $1,538 $75,000 $9,400 $65,600
2021 $1,538 $75,000 $9,400 $65,600
2020 $1,599 $75,000 $9,400 $65,600
2019 $3,576 $75,000 $9,400 $65,600
2018 $1,596 $75,000 $9,400 $65,600
2017 $1,534 $75,000 $9,400 $65,600
2016 $1,556 $75,000 $9,400 $65,600
2015 -- $75,000 $9,400 $65,600
2014 -- $75,000 $9,400 $65,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Baron

    Coldwell Banker Prime Prop,Inc

    (315) 569-2723

    1 in this area

    111 Total Sales

    David Baron
    Section Image
  • Nicole Foresti

    Buyer's Agent in 2018

    Nicole Foresti

    A & F Real Estate, Inc

    (315) 569-9317

    1 in this area

    42 Total Sales

    Nicole Foresti
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1128508

Central New York Information Services

APN: 311500-088-000-0005-033-000-0000

New York Onondaga County Syracuse 13207 Strathmore

151 Reed Ave Unit 53, Syracuse, NY

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