NOT LISTED FOR SALE

Estimated Value: $97,000 - $113,121

6 Beds
2 Baths
2,066 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $86,700 $42 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $628/month

5 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • High Speed Internet
  • Wood Flooring
  • 1 Car Garage

About This Home

As of June 2024

With two separate units, this property provides the advantage of dual income streams, ensuring financial stability and maximizing your investment returns. Each unit offers ample living space, 3 bedrooms, and private entrances, providing flexibility for various living arrangements. Whether accommodating tenants, extended family members, or utilizing one unit as an income-generating rental, this property adapts to diverse needs. Investors can rest assured knowing that regular upkeep and proactive management add to the property's long-term value and appeal. With the steady demand for rental housing in the area and the potential for rental income growth, this property represents a sound investment opportunity with the promise of attractive returns and appreciation over time.

Last Agent to Sell the Property

Jeremy Allen

Listing by Acropolis Realty Group LLC License #10401329024 Listed on: 03/11/2024

Acropolis Realty Group LLC

Last Buyer's Agent

Chantel Hammond

Listing by MyTown Realty LLC License #10401320467

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1905

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132

Parking

  • 1 Car Garage

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 5
  • Assessor Parcel Number 311500-092-000-0020-005-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,129

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1905
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Follow Geddes north and take a right on Elliott St. 233 Elliott will be on your left.
  • Flooring: Hardwood, Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-092-000-0020-005-000-0000
  • Lot Dimensions: 33X132
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2129.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 31, 2024
Sold by
New York Estates T and Historical Society Llc
Bought by
Budhram Christian D
Seller's Agent
Jeremy Allen
Acropolis Realty Group LLC
Buyer's Agent
Chantel Hammond
MyTown Realty LLC
List Price
$84,900
Sold Price
$86,700
Premium/Discount to List
$1,800
2.12%
Views
25
Current Estimated Value
$103,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,580
Avg. Annual Appreciation
12.03%
Original Mortgage
$63,000
Outstanding Balance
$62,208
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$41,072

Purchase Details

Listed on
Jun 20, 2022
Closed on
Oct 27, 2022
Sold by
Martinez Jaime A
Bought by
New York Estates T and Historical Society Llc Tr
Seller's Agent
Collin Burney
Howard Hanna Real Estate
Buyer's Agent
Mary Phillips
NextHome CNY Realty
List Price
$89,900
Sold Price
$58,000
Premium/Discount to List
-$31,900
-35.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.36%

Purchase Details

Closed on
Jan 10, 2012
Sold by
City Of Syracuse
Bought by
Martinez Jaime
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Budhram Christian D $86,700 None Available
New York Estates T $58,000 None Available
Martinez Jaime $5,500 --
City Of Syracuse -- --
Martinez Jaime $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budhram Christian D $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2024 06/07/24 Sold $86,700 +2.1% $42 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $84,900 +46.4% $41 / Sq Ft
10/28/2022 10/28/22 Sold $58,000 0.0% $28 / Sq Ft View Prior Sale
08/15/2022 08/15/22 Off Market $58,000 -- --
08/07/2022 08/07/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $64,900 -13.4% $31 / Sq Ft
07/05/2022 07/05/22 Price Changed $74,900 -16.7% $36 / Sq Ft
06/20/2022 06/20/22 For Sale $89,900 -- $44 / 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 $1,071 $36,000 $2,600 $33,400
2023 $1,075 $36,000 $2,600 $33,400
2022 $1,104 $36,000 $2,600 $33,400
2021 $1,104 $36,000 $2,600 $33,400
2020 $1,121 $36,000 $2,600 $33,400
2019 $1,112 $36,000 $2,600 $33,400
2018 $1,112 $36,000 $2,600 $33,400
2017 $1,021 $32,800 $2,600 $30,200
2016 $1,031 $32,800 $2,600 $30,200
2015 -- $32,800 $2,600 $30,200
2014 -- $32,800 $2,600 $30,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1523132

Central New York Information Services

APN: 311500-092-000-0020-005-000-0000