Seller's Agent in 2022
Ryan Yamini
Hunt Real Estate
(315) 752-5505
7 in this area
199 Total Sales
2000 South Ave Syracuse, NY 13207
Elmwood NeighborhoodEstimated Value: $570,847
Studio
--
Bath
18,594
Sq Ft
$31/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Tile Flooring
- Baseboard Heating
- Corner Lot
- Forced Air Heating System
- 1-minute walk to Elmwood Park
About This Home
As of November 20222000 South Ave is a Mixed-Use property that presents itself as a money maker with additional value opportunity. With Potential gross annual rent to be over $95,000 this property carries itself and then some. The Current owner purchased property distressed and has rehabbed common areas and multiple units throughout, added several new water heaters/boilers, re-did rubber roof and shingle roofs, and completed extensive electrical upgrades. The current setup consists of 6 very large residential units (2) –Large Two-bedrooms and (4) Large Three-bedroom units There are 3 commercial spaces at street level. One currently occupied by a thriving convenience store. Separate electric and Gas metering keeps tenants paying for all utilities except water. The property recently brought in $5,000+/mth in gross rent not including the 1 occupied and 2 vacant commercial spaces. This rare property offers lots of potential and ROI.
Last Agent to Sell the Property
Listing by Hunt Real Estate ERA License #10301217122 Listed on: 07/30/2022
Last Buyer's Agent
Listing by Hunt Real Estate ERA License #10301217122 Listed on: 07/30/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,249
Year Built
- Built in 1960
Lot Details
- 4,896 Sq Ft Lot
- Lot Dimensions are 80x61
- Corner Lot
Home Design
- Brick Exterior Construction
- Frame Construction
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 18,594 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven
- Gas Range
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Parking
- No Garage
- Driveway
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- Cable TV Available
Community Details
- 6 Units
- 7 Separate Gas Meters
Listing and Financial Details
- Rent includes snow removal, trash collection, water
- Tax Lot 23
- Assessor Parcel Number 311500-079-000-0019-023-000-0000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2022
Closed on
Nov 15, 2022
Sold by
Bought by
Seller's Agent
Ryan Yamini
Hunt Real Estate ERA
Buyer's Agent
Ryan Yamini
Hunt Real Estate ERA
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%
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
$170,847
Avg. Annual Appreciation
10.29%
Original Mortgage
$200,000
Outstanding Balance
$192,540
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$378,307
Purchase Details
Closed on
May 7, 2008
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 2006
Sold by
Bought by
Purchase Details
Closed on
Mar 2, 2004
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $400,000 | None Available | ||
| $32,000 | Sam Beardsley | ||
| $32,000 | Sam Beardsley | ||
| -- | -- | ||
| -- | -- | ||
| $85,000 | Lawrence Young | ||
| $85,000 | Lawrence Young |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2022 11/15/22 | Sold | $400,000 | +2.6% | $22 / Sq Ft | |
| 09/19/2022 09/19/22 | Pending | -- | -- | -- | |
| 07/30/2022 07/30/22 | For Sale | $389,900 | +136.3% | $21 / Sq Ft | |
| 12/18/2017 12/18/17 | Sold | $165,000 | -13.2% | $9 / Sq Ft | View Prior Sale |
| 09/15/2017 09/15/17 | Pending | -- | -- | -- | |
| 07/05/2017 07/05/17 | Price Changed | $190,000 | -4.5% | $10 / Sq Ft | |
| 05/21/2017 05/21/17 | Price Changed | $199,000 | -11.6% | $11 / Sq Ft | |
| 03/20/2017 03/20/17 | For Sale | $225,000 | -- | $12 / Sq Ft |
Source: Central New York Information Services
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,037 | $160,000 | $28,100 | $131,900 |
| 2024 | $4,224 | $160,000 | $28,100 | $131,900 |
| 2023 | $4,253 | $160,000 | $28,100 | $131,900 |
| 2022 | $4,027 | $160,000 | $28,100 | $131,900 |
| 2021 | $4,027 | $130,000 | $28,100 | $101,900 |
| 2020 | $4,087 | $130,000 | $28,100 | $101,900 |
| 2019 | $3,071 | $130,000 | $28,100 | $101,900 |
| 2018 | $3,059 | $50,000 | $28,100 | $21,900 |
| 2017 | $1,903 | $50,000 | $28,100 | $21,900 |
| 2016 | $2,121 | $50,000 | $28,100 | $21,900 |
| 2015 | -- | $50,000 | $28,100 | $21,900 |
| 2014 | -- | $50,000 | $28,100 | $21,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Yamini
-
Kathleen/Vincent Cole
Seller's Agent in 2017
Kathleen/Vincent Cole
Howard Hanna
(315) 263-9545
115 Total Sales
-
David Ezzo
Seller Co-Listing Agent in 2017
David Ezzo
Howard Hanna
(315) 558-1685
169 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1415037
APN: 311500-079-000-0019-023-000-0000
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