NOT LISTED FOR SALE

1612 South Ave Unit 14 Syracuse, NY 13207

Elmwood Neighborhood

Estimated Value: $102,000 - $202,000

6 Beds
2 Baths
2,633 Sq Ft
$61/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $30,000 $11 Per Sq Ft

Est. 432% increase in value since last sale

Current estimated payment $949/month

28 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Partially Fenced Property
  • Full Attic
  • Property is near a bus stop
  • 5-minute walk to Elmwood Park

About This Home

As of April 2020

Desirable side by side duplex each 3 bedroom units. Opportunity to add value by raising rents. Current tenant is month to month at $550. Architectural shingle roof. Separate utilities on breaker panels. Vinyl windows. Gas water tanks replaced about 6 years ago. Vinyl plank flooring and carpeting. Preferred to sell as package with 3 unit at 122-24 Fage Ave. Investors get your cash flow here!

Last Agent to Sell the Property

Brian Murphy

Listing by Acropolis Realty Group LLC License #10301218524 Listed on: 11/17/2019

Acropolis Realty Group LLC

Last Buyer's Agent

Alan Lathrop

Listing by Integrated Real Estate Ser LLC License #30LA0731266

Integrated Real Estate Ser LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 132 x 40
  • Partially Fenced Property
  • Private Yard

Parking

  • No Driveway

Home Design

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

Interior Spaces

  • 2,633 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Attic

  • Full Attic
  • Unfinished Attic

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Gravity Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities, refuse removal
  • Tax Lot 6
  • Assessor Parcel Number 311500-079-000-0014-006-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $3,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 3150
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 50200
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Primary Road
  • Lot Number: 6
  • Nearest Cross Street: Brighton
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 247524.75
  • Ratio Close Price By Sq Ft: 11.39
  • Ratio List Price By Acres: 297029.70
  • Ratio List Price By Sq Ft: 13.67
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities, Refuse Removal
  • Roof Description: Asphalt
  • School Tax: 874
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5280
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Glenwood to left onto south ave
  • Unit: 14
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Pex Plumbing- Some
  • Attic Description: Full, Stair Access, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Vinyl-Some
  • Total Sq Ft: 2633

Exterior Features

  • Construction: Stucco
  • Additional Exterior Features: Partially Fenced Yard, Private Yard - see Remarks
  • Number of Acres: 0.1212

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Gravity
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-079-000-0014-006-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2652

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Goldklang Shea
Bought by
Sgy Realty Llc
Current Estimated Value
$159,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Outstanding Balance
$93,160
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$66,380

Purchase Details

Listed on
Apr 17, 2015
Closed on
Aug 31, 2015
Sold by
Moorcroft Inez Ruth
Bought by
Ganoe Brian W
Seller's Agent
Joseph C. Scordo
Howard Hanna Real Estate
Buyer's Agent
Joseph C. Scordo
Howard Hanna Real Estate
List Price
$39,900
Sold Price
$21,000
Premium/Discount to List
-$18,900
-47.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.26%

Purchase Details

Closed on
May 2, 2008
Sold by
Clark Jerome
Bought by
Moorcroft Inez Ruth
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
Sgy Realty Llc -- None Available
Sgy Realty Llc -- None Available
Ganoe Brian W $75,000 Karp Stephen
Ganoe Brian W $75,000 Karp Stephen
Moorcroft Inez Ruth $30,000 Chris Mikienis
Moorcroft Inez Ruth $30,000 Chris Mikienis
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sgy Realty Llc $94,500
Closed Sgy Realty Llc $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2020 04/28/20 Sold $30,000 -16.7% $11 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
11/17/2019 11/17/19 For Sale $36,000 +71.4% $14 / Sq Ft
09/17/2015 09/17/15 Sold $21,000 -47.4% $8 / Sq Ft View Prior Sale
04/18/2015 04/18/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $39,900 -- $15 / 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 -- $50,200 $8,400 $41,800
2023 $1,233 $50,200 $8,400 $41,800
2022 $1,262 $50,200 $8,400 $41,800
2021 $1,262 $50,200 $8,400 $41,800
2020 $1,295 $50,200 $8,400 $41,800
2019 $2,628 $50,200 $8,400 $41,800
2018 $1,288 $50,200 $8,400 $41,800
2017 $1,232 $50,200 $8,400 $41,800
2016 $1,248 $50,200 $8,400 $41,800
2015 -- $50,200 $8,400 $41,800
2014 -- $50,200 $8,400 $41,800
Source: Public Records

Agents Affiliated with this Home

  • Brian Murphy

    Seller's Agent in 2020

    Brian Murphy

    Acropolis Realty Group LLC

    (315) 256-8284

    1 in this area

    196 Total Sales

    Brian Murphy
    Section Image
  • Alan Lathrop

    Buyer's Agent in 2020

    Alan Lathrop

    Integrated Real Estate Ser LLC

    (315) 522-3194

    15 in this area

    199 Total Sales

    Alan Lathrop
    Section Image

  • J

    Seller's Agent in 2015

    Joseph C. Scordo

    Howard Hanna

    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1238726

Central New York Information Services

APN: 311500-079-000-0014-006-000-0000

New York Onondaga County Syracuse 13207 Elmwood

1612 South Ave Unit 14, Syracuse, NY

This home is located at 1612 South Ave Unit 14, Syracuse, NY 13207 since 17 November 2019 and is currently estimated at $159,540, approximately $60 per square foot. This property was built in 1920. 1612 South Ave Unit 14 is a home located in Onondaga County with nearby schools including Brighton Academy, Corcoran High School, and Citizenship & Science Academy of Syracuse Charter School.

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