NOT LISTED FOR SALE

Estimated Value: $119,407

Studio
-- Bath
3,344 Sq Ft
$36/Sq Ft Est. Value

Last Sold December 04, 2013

Last sale price $55,000 $16 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $782/month

76 Days on Market

Highlights

  • Full Attic
  • Wall to Wall Carpet
  • 2-minute walk to Lougen Park
  • Forced Air Cooling System

About This Home

As of December 2013

This is an amazing business opportunity for the first time home buyer or an investor. The property is zoned as commercial, it features 2 apartments on the second floor and 2 businesses on the main floor. Each of the apartments have 2 bedrooms, 1 full bath, living room and a kitchen. Each of the businesses have a large common area and their own bathroom. One is operating as a hair salon and the other a tattoo parlor. The property is located in an ideal area for anyone. It's right off of Lexington Ave and walking distance to shops or the grocery store.

Last Agent to Sell the Property

STACIE GARAFOLO

Listing by Century 21 Galloway Realty License #10401240037 Listed on: 06/29/2013

Last Buyer's Agent

Roxanna Gillen

Listing by Century 21 Galloway Realty License #10401235618

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 83 x 40

Parking

  • No Garage

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Electric Range
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 047.-04-26.0

Community Details

Overview

  • 2 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

3,311 Sq Ft Lot

Listing Details

  • Age: 83
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 80000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 83
  • Lot Dimension Front: 40
  • Lot Information: Commercial Zoning
  • List Price per Sq Ft: 26.6148
  • Nearest Cross Street: Lexington Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 16.45
  • Ratio List Price By Sq Ft: 26.61
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Water
  • School Tax: 1388
  • Sale Price List Price: 0.6179
  • S P Per Sq Ft: 16.4500
  • Sub Board Code: Syracuse
  • Type of Residence: Mixed Use
  • Type of Sale: Normal
  • Value Range Search Low Price: 89000.00
  • Year Built Description: Existing
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: West on Lexington Av, Right onto Cherry
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 12
  • Total Sq Ft: 3344

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 4
  • Number of Heating Units: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 047.-04-26.0

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3053

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2013
Closed on
Dec 4, 2013
Sold by
Winslow Aubrey
Bought by
Syracuse Quality Living
Seller's Agent
STACIE GARAFOLO
Century 21 Galloway Realty
Buyer's Agent
Roxanna Gillen
Century 21 Galloway Realty
List Price
$89,000
Sold Price
$55,000
Premium/Discount to List
-$34,000
-38.2%
Current Estimated Value
$119,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,407
Avg. Annual Appreciation
6.55%
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
Syracuse Quality Living $55,000 Rocco Mangano
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2013 12/04/13 Sold $55,000 -38.2% $16 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
06/29/2013 06/29/13 For Sale $89,000 -- $27 / 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 $1,998 $80,000 $9,900 $70,100
2023 $2,014 $80,000 $9,900 $70,100
2022 $2,063 $80,000 $9,900 $70,100
2021 $2,063 $80,000 $9,900 $70,100
2020 $2,114 $80,000 $9,900 $70,100
2019 $3,588 $80,000 $9,900 $70,100
2018 $2,101 $80,000 $9,900 $70,100
2017 $1,387 $80,000 $9,900 $70,100
2016 $1,411 $80,000 $9,900 $70,100
2015 -- $80,000 $9,900 $70,100
2014 -- $80,000 $9,900 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S294581

Central New York Information Services

APN: 311500-047-000-0004-026-000-0000

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