NOT LISTED FOR SALE

217 Loomis Ave Syracuse, NY 13207

North Valley Neighborhood

Estimated Value: $92,000 - $134,000

4 Beds
3 Baths
2,094 Sq Ft
$56/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $40,000 $19 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $684/month

34 Days on Market

About This Home

As of August 2018

2-Family Home at a Cap Rate of 10% with a NOI of

Last Agent to Sell the Property

Sean Corcoran

Listing by Dropped Members License #10311206381 Listed on: 03/24/2018

Last Buyer's Agent

Catherine Huang

Listing by Howard Hanna Real Estate License #10301221167

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 9,200 Sq Ft Lot
  • Lot Dimensions are 100 x 92

Home Design

  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,094 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, no utilities, refuse removal, snow removal, water
  • Tax Lot 24
  • Assessor Parcel Number 311500-073-000-0018-024-000-0000
  • $248 special tax assessment

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $6,428
  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 6428
  • Annual Special Assessment: 248
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 42000
  • Foundation Description: Stone
  • Gross Annual Income: 15000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 92
  • Lot Information: Neighborhood Street
  • Lot Number: 24
  • Nearest Cross Street: Ballantyne Road
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 189393.94
  • Ratio Close Price By Sq Ft: 19.10
  • Ratio List Price By Acres: 208333.33
  • Ratio List Price By Sq Ft: 21.01
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, No Utilities, Refuse Removal, Snow Removal, Water
  • School Tax: 728
  • Sub Board Code: Syracuse
  • Tax Information: Taxes include Special Assessments
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9200
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Valley Drive to Ballantyne Rd. to Loomis. At a cap rate of 10% and an NOI of $6,072 it puts this building at at Value of $60,072. Fully Rented. Do not wait to long or this property will be gone.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: Oven/Range Freestanding- Some, Refrigerator
  • Total Sq Ft: 2094

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.2112

Garage/Parking

  • 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
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-073-000-0018-024-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2527

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2013
Sold by
Abdrew Darene
Bought by
Nu-888 Syracuse Llc
Current Estimated Value
$108,052

Purchase Details

Closed on
May 17, 2002
Sold by
Cherchio James P
Bought by
Andrew Darene

Purchase Details

Closed on
Jul 25, 2001
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
Nu-888 Syracuse Llc $40,000 Scott Lickstein
Andrew Darene $25,000 --
-- $52,357 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Fabian $45,500
Closed Martin Fabian $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $40,000 -9.1% $19 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $44,000 +10.0% $21 / Sq Ft
01/02/2014 01/02/14 Sold $40,000 -11.1% $19 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $45,000 -- $21 / 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 -- $42,000 $9,600 $32,400
2023 $1,142 $42,000 $9,600 $32,400
2022 $1,171 $42,000 $9,600 $32,400
2021 $1,171 $42,000 $9,600 $32,400
2020 $1,195 $42,000 $9,600 $32,400
2019 $1,186 $42,000 $9,600 $32,400
2018 $1,186 $42,000 $9,600 $32,400
2017 $510 $42,000 $9,600 $32,400
2016 $523 $42,000 $9,600 $32,400
2015 -- $42,000 $9,600 $32,400
2014 -- $42,000 $9,600 $32,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sean Corcoran

    Dropped Members

    Section Image
  • Catherine Huang

    Buyer's Agent in 2018

    Catherine Huang

    Howard Hanna

    (315) 372-7772

    86 Total Sales

    Section Image

  • S

    Seller's Agent in 2014

    Soon Taylor

    Dropped Members

    Section Image
  • Frank Procopio

    Buyer's Agent in 2014

    Frank Procopio

    Hunt Real Estate

    (315) 928-5394

    4 in this area

    133 Total Sales

    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1106230

Central New York Information Services

APN: 311500-073-000-0018-024-000-0000

New York Onondaga County Syracuse 13207 North Valley

217 Loomis Ave, Syracuse, NY

This home is located at 217 Loomis Ave, Syracuse, NY 13207 since 24 March 2018 and is currently estimated at $118,220, approximately $56 per square foot. This property was built in 1920. 217 Loomis Ave is a home located in Onondaga County with nearby schools including Van Duyn Elementary School, Clary Middle School, and Corcoran High School.

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