NOT LISTED FOR SALE

Estimated Value: $74,000 - $134,000

3 Beds
2 Baths
1,879 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $65,000 $35 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $623/month

204 Days on Market

Highlights

  • Cathedral Ceiling
  • Private Yard
  • Property is near a bus stop
  • Wood Flooring
  • Forced Air Cooling System
  • 3-minute walk to Union Park

About This Home

As of June 2023

This is part of an 11-unit package deal; total list price of $465,000. Package consists of 5 two-family and one single family properties all units are fully rented. First unit has 4 bedrooms and the second a one bedroom with tenants paying their own utilities. has 2 brand new electric hot water tanks, installed July 2021. New Furnace for lower unit installed same time. Upstairs gas Stove replaced with newer (refurbished) stove 2 yrs ago. This is approximately 12% cash on cash return. The other properties included in this package are 2-family units at; 2409 Lodi St s1383975, 2422 Lodi St s1383963, 612 Kirkpatrick St s1383982, 605 Carbon St s1383979, & a SINGLE family at 109 Cummings Ave s1383966. Great income producer!

Last Agent to Sell the Property

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 01/24/2022

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 01/24/2022

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1890

Lot Details

  • 3,249 Sq Ft Lot
  • Lot Dimensions are 97 x 33
  • Partially Fenced Property
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,879 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 28
  • Assessor Parcel Number 311500-007-000-0033-028-000-0000
  • $20 special tax assessment

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,400
  • Gross Income $18,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1400
  • Annual Special Assessment: 20
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 39000
  • Foundation Description: Block
  • Gross Annual Income: 18360
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 97
  • Lot Dimension Front: 33
  • Lot Information: Near Bus Line
  • Lot Number: 28
  • Nearest Cross Street: Pond St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 871313.67
  • Ratio Close Price By Sq Ft: 34.59
  • Ratio List Price By Acres: 871313.67
  • Ratio List Price By Sq Ft: 34.59
  • Regional Board Code: Syracuse
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Shingles
  • School Tax: 669
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3249
  • Age of Building: 133
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1879
  • Directions To Property: Lodi St between Pond St & Kirkpatrick St.
  • Sq Ft Total Pub: 1879
  • Attribution Contact: 315-446-2910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some, Copper Plumbing - Some, Pex Plumbing- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 1879

Exterior Features

  • Construction: Vinyl, Wood
  • Additional Exterior Features: Partially Fenced Yard, Private Yard - see Remarks
  • Number of Acres: 0.0746

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air, Radiant
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-007-000-0033-028-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2218

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
May 30, 2023
Sold by
Two Kings Properties Llc
Bought by
Sovereign Empire
Seller's Agent
Susan Li
Coldwell Banker Prime Prop,Inc
Buyer's Agent
Susan Li
Coldwell Banker Prime Prop,Inc
List Price
$115,000
Sold Price
$65,000
Premium/Discount to List
-$50,000
-43.48%
Views
1
Current Estimated Value
$96,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,002
Avg. Annual Appreciation
16.85%

Purchase Details

Closed on
Nov 3, 2017
Sold by
Price Esq. Michael A
Bought by
Cleghorn Properties Llc

Purchase Details

Closed on
Jul 18, 2006
Sold by
Barletto Stefano and Barletto Gisella
Bought by
Bastien Stanley

Purchase Details

Closed on
Sep 20, 1995
Sold by
Mascali Carmella Exec
Bought by
Barletta Gisela Stefano
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
Sovereign Empire $65,000 None Available
Cleghorn Properties Llc $15,500 --
Bastien Stanley $40,000 Ellen Priest
Barletta Gisela Stefano $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $65,000 0.0% $35 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $65,000 -18.8% $35 / Sq Ft
04/27/2022 04/27/22 Price Changed $80,000 -30.4% $43 / Sq Ft
01/24/2022 01/24/22 For Sale $115,000 -- $61 / 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 -- $52,000 $6,600 $45,400
2023 $1,108 $39,000 $6,600 $32,400
2022 $1,138 $39,000 $6,600 $32,400
2021 $1,138 $39,000 $6,600 $32,400
2020 $1,158 $39,000 $6,600 $32,400
2019 $1,149 $39,000 $6,600 $32,400
2018 $1,149 $39,000 $6,600 $32,400
2017 -- $39,000 $6,600 $32,400
2016 $1,108 $39,000 $6,600 $32,400
2015 -- $39,000 $6,600 $32,400
2014 -- $39,000 $6,600 $32,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1383969

Central New York Information Services

APN: 311500-007-000-0033-028-000-0000