NOT LISTED FOR SALE

225 Palmer Ave Unit 27 Syracuse, NY 13207

Southside Neighborhood

Estimated Value: $99,000 - $169,765

6 Beds
2 Baths
2,604 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 18, 2012

Last sale price $10,500 $4 Per Sq Ft

Est. 1,140% increase in value since last sale

Current estimated payment $813/month

38 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • Full Attic

About This Home

As of June 2012

Large side by side two family with 3 bedrooms in each apartment. Needs some renovation. Nice hardwood floors and nature wood work through out. Great investment opportunity, will be an excellent money maker. The list price does not include back property tax at approx $11,700 and water at approx $1,000. Buyer responsible to contact the City of Syracuse to confirm the exact amount owed. The City does offer a payment plan for the back property taxes.

Last Agent to Sell the Property

Joseph C. Scordo

Listing by Howard Hanna Real Estate License #40SC1149248 Listed on: 03/20/2012

Howard Hanna Real Estate

Last Buyer's Agent

Joseph C. Scordo

Listing by Howard Hanna Real Estate License #40SC1149248 Listed on: 03/20/2012

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 125 x 45

Parking

  • No Garage

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes no utilities, water
  • Assessor Parcel Number 311500-086-000-0003-019-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 102
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 39400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 45
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 114615.3800
  • List Price per Sq Ft: 5.7219
  • Nearest Cross Street: Bellevue Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 80769.23
  • Ratio Close Price By Sq Ft: 4.03
  • Ratio List Price By Acres: 114615.38
  • Ratio List Price By Sq Ft: 5.72
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: No Utilities, Water
  • School Tax: 594
  • Sale Price List Price: 0.7046
  • S P Per Acre: 80769.2300
  • S P Per Sq Ft: 4.0322
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 14900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Onondaga Ave to Bellevue Ave to Palmer Ave
  • Unit: 27
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2604

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1300

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

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-086-000-0003-019-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1621

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Greater Syracu P Dev Corp
Bought by
Heath Shaleisha
Current Estimated Value
$130,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,836
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2014
Sold by
Clavel Community Christia
Bought by
Al Salami Sarah

Purchase Details

Listed on
Mar 20, 2012
Closed on
May 11, 2012
Sold by
Reoco Llc
Bought by
Cccp Clavel Comnty Christian
Seller's Agent
Joseph C. Scordo
Howard Hanna Real Estate
Buyer's Agent
Joseph C. Scordo
Howard Hanna Real Estate
List Price
$14,900
Sold Price
$10,500
Premium/Discount to List
-$4,400
-29.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.23%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Hickey Blanche
Bought by
Reoco Llc
Source: Public Records

Range of Values:

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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
Heath Shaleisha $1,000 None Available
Heath Shaleisha $1,000 None Available
Al Salami Sarah $7,000 Sarah Al Salami
Cccp Clavel Comnty Christian $10,500 --
Reoco Llc $5,029 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heath Shaleisha $98,000
Closed Heath Shaleisha $63,836
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2012 06/18/12 Sold $10,500 -29.5% $4 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $14,900 -- $6 / 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 -- $50,000 $2,600 $47,400
2023 $1,231 $50,000 $2,600 $47,400
2022 $1,098 $20,000 $2,600 $17,400
2021 $1,098 $20,000 $2,600 $17,400
2020 $2,929 $20,000 $2,600 $17,400
2019 $2,929 $39,400 $2,600 $36,800
2018 $1,154 $39,400 $2,600 $36,800
2017 $1,101 $39,400 $2,600 $36,800
2016 $1,113 $39,400 $2,600 $36,800
2015 -- $39,400 $2,600 $36,800
2014 -- $39,400 $2,600 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S268620

Central New York Information Services

APN: 311500-086-000-0003-019-000-0000