NOT LISTED FOR SALE

306 1st St Syracuse, NY 13209

Estimated Value: $161,000 - $207,689

3 Beds
3 Baths
1,216 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $17,691 $15 Per Sq Ft

Est. 961% increase in value since last sale

Current estimated payment $1,417/month

14 Days on Market

Highlights

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

About This Home

As of January 2016

SELLER HAS REQUESTED HIGHEST AND BEST OFFERS BY 12/12/15 AT MIDNITE-NO LATER. This property works for you as owner occupant or investor. Finish the renovations and load it up with renters. Spacious units with some hardwoods, some carpet,. Great location for commuting via interstates or bus line. Nice yard adds value for rent charged. At the seller's request, all offers must be submitted through the Fannie Mae online offer system at the Homepath website. www.homepath.com. Seller does not pay for survey, abstract, or deed stamps.

Last Agent to Sell the Property

Gene Kranz

Listing by Berkshire Hathaway CNY Realty License #10301205718 Listed on: 12/03/2015

Berkshire Hathaway CNY Realty

Co-Listed By

COLETTE O'MARA

Listing by Dropped Members License #40OM1139118

Last Buyer's Agent

John Adolfi

Listing by Adolfi Real Estate, Inc. License #10311200327

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 120 x 40

Parking

  • No Garage

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Location

  • Property is near a bus stop

Schools

  • Solvay Elementary School
  • Solvay Middle School
  • Solvay High School

Utilities

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

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 313201-007-000-0001-020-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Age: 125
  • NY Swis Code: Solvay-Village-313201
  • Total Assessed Value: 75150
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Secondary Road
  • L P Per Acre: 136363.6400
  • List Price per Sq Ft: 12.3355
  • Nearest Cross Street: Gertrude
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 160827.27
  • Ratio Close Price By Sq Ft: 14.55
  • Ratio List Price By Acres: 136363.64
  • Ratio List Price By Sq Ft: 12.34
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • School Tax: 2307
  • Sale Price List Price: 1.1794
  • S P Per Acre: 160827.2700
  • S P Per Sq Ft: 14.5500
  • Sub Board Code: Syracuse
  • Type of Residence: 3 Unit, Rehab Needed
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 15000.00
  • Village: Solvay-Village
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: I 690 to Bridge St Solvay, left on Milton, Right on Gertrude, first right is 1st St, house on right .
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Attic Description: Full, Partially Finished
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 16
  • Total Sq Ft: 1216

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 3
  • Parking Driveway: 1 Space, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Solvay
  • Elementary School: Solvay Elementary
  • Middle School: Solvay Middle
  • High School: Solvay High

Lot Info

  • Parcel Number: 313201-007-000-0001-020-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4659

MLS Schools

  • Elementary School Name: Solvay Elementary
  • High School Name: Solvay High
  • Middle School Name: Solvay Middle
  • School District Name: Solvay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Jan 25, 2016
Sold by
Fannie Mae
Bought by
Bailey Torreil
Seller's Agent
Gene Kranz
Berkshire Hathaway CNY Realty
Buyer's Agent
John Adolfi
Adolfi Real Estate, Inc.
List Price
$15,000
Sold Price
$17,691
Premium/Discount to List
$2,691
17.94%
Current Estimated Value
$187,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,981
Avg. Annual Appreciation
27.96%

Purchase Details

Closed on
Nov 17, 2015
Sold by
Cambareri Esq Stefano
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 22, 1995
Sold by
Francis Russell C
Bought by
Lerner John S
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
Bailey Torreil $18,000 Paul Newman
Federal National Mortgage Association -- Associates Pc Rosicki Rosick
Lerner John S $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Torreil J $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $17,691 +17.9% $15 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
12/03/2015 12/03/15 For Sale $15,000 -- $12 / 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 $4,722 $81,150 $11,000 $70,150
2023 $5,442 $81,150 $11,000 $70,150
2022 $5,356 $81,150 $11,000 $70,150
2021 $5,300 $81,150 $11,000 $70,150
2020 $6,476 $81,150 $11,000 $70,150
2019 -- $81,150 $11,000 $70,150
2018 $4,782 $75,150 $11,000 $64,150
2017 $4,957 $75,150 $11,000 $64,150
2016 $4,957 $75,150 $11,000 $64,150
2015 -- $75,150 $11,000 $64,150
2014 -- $75,150 $11,000 $64,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S345282

Central New York Information Services

APN: 313201-007-000-0001-020-000-0000