NOT LISTED FOR SALE

Estimated Value: $183,000 - $280,000

3 Beds
3 Baths
1,652 Sq Ft
$131/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $118,000 $71 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,295/month

7 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Property is near bus stop
  • Fenced Yard
  • Forced Air Cooling System
  • 5-minute walk to Tipperary Hill Heritage Memorial

About This Home

As of May 2013

Tipp Hill 2 Family with 2 parking spots. Newer siding, roof, gutters. Hardwoods throughout, all utilities separated, new furnaces and new electrical entrances and breaker boxes installed in 2008. Profitable building, both apartments have new kitchens. Low maintenance and management, make this a very easy building to manage for a first time landlord or an experienced one. This is also a really compelling building for an owner occupant looking to generate some income. Building has valid rental registry certificate.

Last Agent to Sell the Property

Dan Murphy

Listing by University Hill Realty Ltd License #10301206321 Listed on: 03/17/2013

Last Buyer's Agent

Louis DeBartelo

Listing by Acropolis Realty Group LLC License #10301213766

Acropolis Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1961

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 79 x 33
  • Fenced Yard

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • Woodwork

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Garage
  • Driveway

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 311500-110-000-0008-022-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $5,402
  • Gross Income $17,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,240

Year Built

Built in 1961

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Age: 52
  • Annual Operating Expenses: 5402
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 69900
  • Foundation Description: Block
  • Gross Annual Income: 17940
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 79
  • Lot Dimension Front: 33
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 2000000.0000
  • List Price per Sq Ft: 72.6392
  • Nearest Cross Street: Wilbur
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1966666.67
  • Ratio Close Price By Sq Ft: 71.43
  • Ratio List Price By Acres: 2000000.00
  • Ratio List Price By Sq Ft: 72.64
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: No Utilities
  • School Tax: 1213
  • Sale Price List Price: 0.9833
  • S P Per Acre: 1966666.6700
  • S P Per Sq Ft: 71.4300
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 120000.00
  • Year Built Description: Existing
  • Age of Building: 61
  • Year Built: 1961
  • Directions To Property: West on W Genesee to Left on Milton, Left on Tompkins, house will be on left
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Electrical Fuses - some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Dryer, Freezer, Microwave, Range Hood-Exhaust Fan, Washer
  • Number of Rooms: 11
  • Total Sq Ft: 1652

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard
  • Number of Acres: 0.0600

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Blacktop

Utilities

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

Lot Info

  • Parcel Number: 311500-110-000-0008-022-000-0000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Leased

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3240

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2013
Closed on
May 30, 2013
Sold by
Costingtons Llc
Bought by
Simone Matthew
Seller's Agent
Dan Murphy
University Hill Realty Ltd
Buyer's Agent
Louis DeBartelo
Acropolis Realty Group LLC
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%
Current Estimated Value
$215,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,859
Avg. Annual Appreciation
4.82%
Original Mortgage
$80,250
Outstanding Balance
$56,983
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,876

Purchase Details

Closed on
Sep 13, 2007
Sold by
Coleman Dennis
Bought by
Costingtons Llc

Purchase Details

Closed on
Mar 26, 2001
Sold by
State Of New York Mortgage Agency
Bought by
Coleman Dennis

Purchase Details

Closed on
Oct 23, 2000
Sold by
Delduchetto Ernest A. As Referee
Bought by
State Of New York Mortgage Agency

Purchase Details

Closed on
Jul 15, 1994
Sold by
Bitzel John
Bought by
Corcoran Michael A

Purchase Details

Closed on
Dec 17, 1993
Sold by
Bury Catherine
Bought by
Bitzel John
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
Simone Matthew $118,000 Rocco Mangano
Costingtons Llc $70,500 Mark F Snider
Coleman Dennis $30,000 Donald Kelly
State Of New York Mortgage Agency $73,354 Antonio E. Caruso
Corcoran Michael A $69,900 --
Bitzel John $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simone Matthew $80,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $118,000 -1.7% $71 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
03/17/2013 03/17/13 For Sale $120,000 -- $73 / 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 $1,690 $94,000 $8,000 $86,000
2023 $1,720 $94,000 $8,000 $86,000
2022 $1,481 $69,900 $8,000 $61,900
2021 $1,481 $69,900 $8,000 $61,900
2020 $1,537 $69,900 $8,000 $61,900
2019 $1,532 $69,900 $8,000 $61,900
2018 $1,532 $69,900 $8,000 $61,900
2017 $1,472 $69,900 $8,000 $61,900
2016 $1,493 $69,900 $8,000 $61,900
2015 -- $69,900 $8,000 $61,900
2014 -- $69,900 $8,000 $61,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S287100

Central New York Information Services

APN: 311500-110-000-0008-022-000-0000

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