$58,000
SOLD OCT 28, 2022
-- Bed
-- Bath
2,066 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$28 Per Sq Ft

35% Below List Price

48 Days on Market

About This Home

As of June 2024

Great opportunity to own this two-family investment property located just minutes away from downtown and Syracuse University. First and second floor units have a "bonus" room/ den area that could be used as a third bedroom. Upstairs unit has a new kitchen floor and fresh paint throughout. Both units are currently rented below market value to long time tenants.

Last Agent to Sell the Property

Collin Burney

Listing by Howard Hanna Real Estate License #10301221883 Listed on: 06/20/2022

Howard Hanna Real Estate

Last Buyer's Agent

Mary Phillips

Listing by NextHome CNY Realty License #10301220736

NextHome CNY Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,107

Year Built

  • Built in 1905

Lot Details

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

Parking

  • Common or Shared Parking

Home Design

  • Copper Plumbing
  • Stone

Interior Spaces

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 5
  • Assessor Parcel Number 311500-092-000-0020-005-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,107

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1905
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Geddes St to W Onondaga. Bradley St to Elliott.
  • Flooring: Carpet, Tile, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Stone, Copper Plumbing, PEX Plumbing

Garage/Parking

  • Parking Features: Common, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

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

Rental Info

  • Tenant Pays: All Utilities

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: 2107.0
  • 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
$91,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,855
Avg. Annual Appreciation
5.38%
Original Mortgage
$63,000
Outstanding Balance
$62,480
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$29,075

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

Similar Homes in Syracuse, NY

  • 222 Rich St, Syracuse, NY 13204

    $64,900

    • 6 Beds
    • 2 Baths
    • 2,112 Sq Ft
    • 222 Rich St
    • Syracuse, NY

    Calling all investors, contractors, and savvy buyers! This two-family property is your next value-add project. Each unit features 3 spacious bedrooms, offering strong rental potential once brought back to life. Major renovations are needed, but the bones are there and the upside is undeniable.Highlights include:Separate gas and electric meters for each unitTwo large 3-bedroom unitsIdeal layout

    Zachary Johnson Acropolis Realty Group LLC

    Section Image
  • 1322 South Ave Unit 24, Syracuse, NY 13207

    $74,900

    • 7 Beds
    • 2.5 Baths
    • 2,598 Sq Ft
    • 1322 South Ave
    • Unit 24
    • Syracuse, NY

    Two family to add to your portfolio. 1st floor pays $1,000. 2nd floor pays the same.

    Alan Lathrop Integrated Real Estate Ser LLC

    Section Image
  • 927 Midland Ave, Syracuse, NY 13205

    $59,900

    • 6 Beds
    • 2 Baths
    • 2,600 Sq Ft
    • 927 Midland Ave
    • Syracuse, NY

    Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is.

    Derek Greene The Greene Realty Group

    Section Image
  • 118-20 E Borden Ave Unit 20, Syracuse, NY 13205

    $60,000

    • 6 Beds
    • 3 Baths
    • 3,042 Sq Ft
    • 118-20 E Borden Ave
    • Unit 20
    • Syracuse, NY

    Part of the Legacy Program Cluster 2, this home is currently configured as a three-unit and must be converted to a two-family home. First and second floors are three bedroom, one bathroom apartments. Third floor could potentially offer two more bedrooms to the second floor apartment if codes allows. Large hole in roof, major water damage. $60k purchase price for cluster of 5 properties. Property

    Greater Syracuse Land Bank Greater Syracuse Land Bank

    Section Image
  • 1210 Carbon St, Syracuse, NY 13208

    $60,000

    • 4 Beds
    • 2 Baths
    • 1,594 Sq Ft
    • 1210 Carbon St
    • Syracuse, NY

    This multi-unit home offers an amazing opportunity for investors or renovators. This duplex offers two separate units, each with 2 bedrooms and 1 bathroom. Whether you're looking to renovate the property and rent out both units for a steady income stream or transform it into a spacious single-family home, the possibilities are endless. This property is priced to reflect the current condition.

    Thomas Tarry Move Real Estate

    Section Image
  • 309 Palmer Dr, Syracuse, NY 13212

    $49,900

    • 6 Beds
    • 3 Baths
    • 2,448 Sq Ft
    • 309 Palmer Dr
    • Syracuse, NY

    Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Sqft is owner verified.

    Derek Greene The Greene Realty Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $86,700 None Available
Warranty Deed $58,000 None Available
Not Resolvable $5,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $63,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 -- $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central New York Information Services

MLS Number: S1414465

Central New York Information Services

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