NOT LISTED FOR SALE

Estimated Value: $212,000 - $339,000

7 Beds
3 Baths
3,168 Sq Ft
$89/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $175,000 $55 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,684/month

21 Days on Market

Highlights

  • Deck
  • Full Attic
  • Zoned Heating and Cooling System
  • Wood Flooring
  • Woodwork
  • Ceiling Fan

About This Home

As of November 2018

Incredible Park like property with Western Lights around the corner. Majestic 3168sf VERY well maintained former farm house with a new Roof April 2018. One side has 3 BR's, other side has 4. The 4 BR has dual zone heating and central air. Rare 3 car garage with new doors + electric openers. Beautiful hardwoods, lots of natural light, huge kitchen, a fireplace, and a serene backyard that leads to an old stone staircase going down to 120 Merrell Rd which can also be purchased separately or as a package. There is no 2 unit home like this one available. Due to the size of the apartments, number of bedrooms, and garage spaces, this could make an ideal high-end rental with just a couple minor updates. Make your income potential soar! ***Motivated Seller Willing to Consider All Offers***

Last Agent to Sell the Property

Fredric Brough

Listing by Rooftop Realty Group LLC License #10301201633 Listed on: 09/08/2018

Last Buyer's Agent

Matthew Lawrence

Listing by Kirnan Real Estate License #10401303218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 1890

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 146 x 150

Home Design

  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • 3 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 32
  • Assessor Parcel Number 311500-089-000-0002-032-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,656

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 100000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 146
  • Lot Dimension Front: 150
  • Lot Information: Neighborhood Street
  • Lot Number: 32
  • Nearest Cross Street: Merrell Rd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 348050.91
  • Ratio Close Price By Sq Ft: 55.24
  • Ratio List Price By Acres: 347852.03
  • Ratio List Price By Sq Ft: 55.21
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • School Tax: 1832
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 21900
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: Velasko Rd to Bellevue Ave.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Attic Description: Full, Unfinished
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Oven/Range Gas-Some, Refrigerator
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Total Sq Ft: 3168

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener
  • Number of Acres: 0.5028

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: Blacktop, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Hot Water, Multi-Zone, Radiant
  • Number of Gas Meters: 2
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-089-000-0002-032-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4656

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Nov 8, 2018
Sold by
Terrero Jenny L
Bought by
Grutman Michelle
Seller's Agent
Fredric Brough
Rooftop Realty Group LLC
Buyer's Agent
Matthew Lawrence
Kirnan Real Estate
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$282,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,164
Avg. Annual Appreciation
7.23%
Original Mortgage
$171,830
Outstanding Balance
$149,141
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$133,023

Purchase Details

Closed on
Dec 23, 2015
Sold by
Lanieu Nicole
Bought by
Terrero Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.99%
Mortgage Type
Unknown

Purchase Details

Listed on
May 19, 2011
Closed on
Feb 21, 2012
Sold by
Stiles Martha
Bought by
Terrero Jenny
Seller's Agent
Ann Clifford
Enlighten Realty Inc.
Buyer's Agent
Jenna Yetman
Drops for Syracuse
List Price
$158,000
Sold Price
$150,000
Premium/Discount to List
-$8,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$116,958
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Grutman Michelle $175,000 --
Grutman Michelle $175,000 --
Terrero Jenny $16,000 None
Terrero Jenny $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grutman Michelle $18,406
Open Grutman Michelle $171,830
Closed Grutman Michelle $171,830
Previous Owner Terrero Jenny $105,000
Previous Owner Terrero Jenny $116,958
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $175,000 +0.1% $55 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $174,900 -2.8% $55 / Sq Ft
09/08/2018 09/08/18 For Sale $179,900 +19.9% $57 / Sq Ft
02/17/2012 02/17/12 Sold $150,000 -5.1% $47 / Sq Ft
10/05/2011 10/05/11 Pending -- -- --
05/19/2011 05/19/11 For Sale $158,000 -- $50 / 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 -- $110,000 $32,500 $77,500
2023 $1,898 $110,000 $32,500 $77,500
2022 $1,816 $100,000 $32,500 $67,500
2021 $1,816 $100,000 $32,500 $67,500
2020 $1,906 $100,000 $32,500 $67,500
2019 $1,906 $100,000 $32,500 $67,500
2018 $1,906 $100,000 $32,500 $67,500
2017 $1,837 $100,000 $32,500 $67,500
2016 $1,867 $100,000 $32,500 $67,500
2015 -- $100,000 $32,500 $67,500
2014 -- $100,000 $32,500 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1146764

Central New York Information Services

APN: 311500-089-000-0002-032-000-0000