NOT LISTED FOR SALE

309 Medford Rd Syracuse, NY 13208

Estimated Value: $140,000 - $173,085

2 Beds
2 Baths
1,140 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $109,900 $96 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,257/month

28 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Baseboard Heating
  • Fenced Yard
  • Ceiling Fan
  • 4-minute walk to Sehr Park

About This Home

As of January 2020

***Investment Property*** or owner occupant. 2 unit multi family duplex in the heart of Lyncourt. Located close to bus line, parks, mall and much more. Many upgrades in the last few years. Roof, bathrooms, gas ranges, hallway, apartment doors, windows and basement. Property has a large backyard and driveway plus 2 car garage. Unit 1: One bedroom one full Bath rented for $700 per month. Lease expires 6/1/2020. Unit 2: One bedroom and one full bath rented for $700 per month. Lease expires 5/1/2021. Storage basement(partially finished): Leased month to month for $250. 2 car Garage: has been rented out for $150 the last 2 winters per month. Basement laundry with access for both units. Separate utilities for both units. Tenants well screened and never late on rent. This is a turnkey property.

Last Agent to Sell the Property

John Colucci Jr.

Listing by Dropped Members License #10301220464 Listed on: 09/30/2019

Dropped Members

Last Buyer's Agent

Donald Grovine

Listing by Hunt Real Estate ERA License #10301220729

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 1960

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 124 x 40
  • Fenced Yard

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes no utilities, water
  • Tax Lot 15
  • Assessor Parcel Number 314889-072-000-0003-015-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,872

Year Built

Built in 1960

Lot Details

0

Listing Details

  • NY Swis Code: Salina-314889
  • Total Assessed Value: 76000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 124
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line
  • Lot Number: 15
  • Nearest Cross Street: Hamden Dr.
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 964881.47
  • Ratio Close Price By Sq Ft: 96.40
  • Ratio List Price By Acres: 964881.47
  • Ratio List Price By Sq Ft: 96.40
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities, Water
  • Roof Description: Asphalt
  • School Tax: 2579
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4960
  • Age of Building: 62
  • Year Built: 1960
  • Directions To Property: Going east on court street take left on Roxford Rd N, 1st right on Hamden Dr then left on the Medford dr. Home is on the 2nd block down on the left side.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Additional Interior Features: Ceiling Fan, Laundry- Separate Hook ups- Some, Laundry-Common
  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Tile-Some
  • Total Sq Ft: 1140

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, High Speed Internet
  • Number of Acres: 0.1139

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lyncourt

Lot Info

  • Parcel Number: 314889-072-000-0003-015-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4872

MLS Schools

  • School District Name: Lyncourt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jan 16, 2020
Sold by
Colucci John D
Bought by
Mehta Rahul and Shah Benil
Seller's Agent
John Colucci Jr.
Dropped Members
Buyer's Agent
Donald Grovine
Hunt Real Estate ERA
List Price
$109,900
Sold Price
$109,900
Current Estimated Value
$160,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,621
Avg. Annual Appreciation
6.26%
Original Mortgage
$82,425
Outstanding Balance
$73,882
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$80,465
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
Mehta Rahul $109,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Rahul $82,425
Closed Mehta Rahul $82,425
Closed Mehta Rahul $82,425
Previous Owner Colucci John D $73,823
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $109,900 0.0% $96 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $109,900 +43.7% $96 / Sq Ft
12/19/2017 12/19/17 Sold $76,500 -4.3% $67 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $79,900 -- $70 / 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 $4,592 $112,200 $13,000 $99,200
2023 $6,085 $112,200 $13,000 $99,200
2022 $5,922 $112,200 $13,000 $99,200
2021 $5,916 $110,000 $13,000 $97,000
2020 $5,623 $110,000 $13,000 $97,000
2019 $2,293 $76,000 $13,000 $63,000
2018 $4,558 $76,000 $13,000 $63,000
2017 $1,917 $66,000 $13,000 $53,000
2016 $4,068 $66,000 $13,000 $53,000
2015 -- $66,000 $13,000 $53,000
2014 -- $66,000 $13,000 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1226524

Central New York Information Services

APN: 314889-072-000-0003-015-000-0000