NOT LISTED FOR SALE

Estimated Value: $156,000 - $172,718

6 Beds
3 Baths
2,496 Sq Ft
$66/Sq Ft Est. Value

Last Sold March 03, 2016

Last sale price $67,000 $27 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $995/month

64 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Cooling System
  • Full Attic
  • Woodwork
  • Programmable Thermostat

About This Home

As of March 2016

This great investment opportunity is located in a high rent area in the outer Strathmore neighborhood. This home features two similar 3 bedroom units featuring beautiful hardwoods, formal living and dining rooms with original cherry woodwork updated kitchens with newer appliances, remodeled bathrooms, and so much more! The second floor has balcony and access to the attic which is partially finished with a full bathroom, that could provide an additional bedroom for more income. The exterior provides a yard for the owner or tenants and a detached garage. Call today for a private showing!

Last Agent to Sell the Property

Robert McTague

Listing by Howard Hanna Real Estate License #40MC1108776 Listed on: 10/20/2015

Howard Hanna Real Estate

Last Buyer's Agent

Reynald Ortiz

Listing by Dropped Members License #10401244245

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,251

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 132 x 40

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Full Attic
  • Partially Finished Basement

Kitchen

  • Gas Cooktop
  • Range Hood
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Balcony

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes garage, no utilities, water
  • Assessor Parcel Number 311500-088-000-0004-020-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,251

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 95
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 67600
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • L P Per Acre: 600000.0000
  • List Price per Sq Ft: 28.8461
  • Nearest Cross Street: Stolp Avenue
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 558333.33
  • Ratio Close Price By Sq Ft: 26.84
  • Ratio List Price By Acres: 600000.00
  • Ratio List Price By Sq Ft: 28.85
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Garage, No Utilities, Water
  • School Tax: 1172
  • Sale Price List Price: 0.9305
  • S P Per Acre: 558333.3300
  • S P Per Sq Ft: 26.8400
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 72000.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: From Geddes Street going South turn right on Stolp Avenue, then another right on Reed Avenue
  • Unit: 68
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Electrical Fuses - some, Natural Woodwork - some
  • Attic Description: Full, Stair Access
  • Basement Description: Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Tile-Some, Wood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Disposal, Oven/Range Electric-Some, Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Total Sq Ft: 2496

Exterior Features

  • Construction: Brick, Wood
  • Additional Exterior Features: Balcony, Cable TV Available, Wood Screens/Storms-some
  • Number of Acres: 0.1200

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Programmable Thermostat
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Green Features

  • Energystar: Appliances, Windows

Lot Info

  • Parcel Number: 311500-088-000-0004-020-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3251

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Mar 4, 2016
Sold by
Minutemen Enterprises Ny
Bought by
Crump Tikie
Seller's Agent
Robert McTague
Howard Hanna Real Estate
Buyer's Agent
Reynald Ortiz
Dropped Members
List Price
$77,000
Sold Price
$67,000
Premium/Discount to List
-$10,000
-12.99%
Current Estimated Value
$160,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,022
Avg. Annual Appreciation
9.50%
Original Mortgage
$64,490
Outstanding Balance
$46,951
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$110,896

Purchase Details

Closed on
Jul 11, 2011
Sold by
Nethercott Andrew J
Bought by
Minutemen Enterprises Ny

Purchase Details

Closed on
Apr 9, 2002
Sold by
Louise Kristin A
Bought by
Nethercott Andrew J
Source: Public Records

Range of Values:

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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
Crump Tikie $67,000 Robert Carter
Minutemen Enterprises Ny $53,000 Robert Carter
Nethercott Andrew J $62,500 Benjamin A Russell
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crump Tikie M $18,960
Closed Crump Tikie M $18,960
Closed Crump Tikie M $9,280
Open Crump Tikie M $42,100
Closed Crump Tikie M $42,100
Open Crump Tikie $64,490
Closed Crump Tikie $3,000
Closed Crump Tikie M $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2016 03/03/16 Sold $67,000 -13.0% $27 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $77,000 -- $31 / 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 -- $67,600 $10,500 $57,100
2023 $1,426 $67,600 $10,500 $57,100
2022 $1,456 $67,600 $10,500 $57,100
2021 $1,456 $67,600 $10,500 $57,100
2020 $1,509 $67,600 $10,500 $57,100
2019 $3,556 $67,600 $10,500 $57,100
2018 $1,504 $67,600 $10,500 $57,100
2017 $1,444 $67,600 $10,500 $57,100
2016 $1,464 $67,600 $10,500 $57,100
2015 -- $67,600 $10,500 $57,100
2014 -- $67,600 $10,500 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S343339

Central New York Information Services

APN: 311500-088-000-0004-020-000-0000