NOT LISTED FOR SALE

312 Palmer Ave Unit 14 Syracuse, NY 13207

Southwest Neighborhood

Estimated Value: $42,792 - $238,000

6 Beds
2 Baths
2,138 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 23, 2013

Last sale price $19,500 $9 Per Sq Ft

Est. 646% increase in value since last sale

Current estimated payment $864/month

24 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • 2 Fireplaces

About This Home

As of September 2013

Stately two-family with both units rented. 1st floor has long term tenant since 1960's paying $450 monthly; 2nd floor tenant moved in 01/01/2013 paying $550 monthly. Has two 3 bed room flats Large E-I-Kitchens, big baths, formal living and dining rooms. Hardwood floors and fireplaces, Copper plumbing, circuit breakers, Large porches, full attic and basement. Driveway with plenty of room for parking and the cash is flowing.

Last Agent to Sell the Property

David Wynn

Listing by CNY Real Estate Owned, LLC Listed on: 06/03/2013

Last Buyer's Agent

David Wynn

Listing by CNY Real Estate Owned, LLC Listed on: 06/03/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 125 x 40

Parking

  • No Garage

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 2,138 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Linoleum

Utilities

  • Multiple Heating Units
  • Gravity Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Short Sale
  • Rent includes water
  • Assessor Parcel Number 311500-086-000-0024-005-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Age: 89
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 40000
  • Gross Annual Income: 12000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • L P Per Acre: 204545.4500
  • List Price per Sq Ft: 10.5238
  • Nearest Cross Street: Sterling Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 177272.73
  • Ratio Close Price By Sq Ft: 9.12
  • Ratio List Price By Acres: 204545.45
  • Ratio List Price By Sq Ft: 10.52
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Water
  • School Tax: 695
  • Sale Price List Price: 0.8666
  • S P Per Acre: 177272.7300
  • S P Per Sq Ft: 9.1200
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Short Sale
  • Value Range Search Low Price: 22500.00
  • Year Built Description: Existing
  • Age of Building: 98
  • Year Built: 1924
  • Directions To Property: Take South Ave to Stearling Ave to 312-14 Palmer Ave
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Number of Rooms: 14
  • Total Sq Ft: 2138

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

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

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-086-000-0024-005-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2104

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2014
Sold by
White Terence
Bought by
Kin Yu
Current Estimated Value
$145,448

Purchase Details

Closed on
Aug 29, 1996
Sold by
Walker Andrew
Bought by
White Terence W
Source: Public Records

Range of Values:

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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
Kin Yu $19,500 Carol Zenzel
White Terence W $43,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2013 09/23/13 Sold $19,500 -13.3% $9 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $22,500 -- $11 / 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 -- $2,400 $2,400 $0
2023 $1,138 $2,400 $2,400 $0
2022 $0 $2,400 $2,400 $0
2021 $1,138 $20,000 $2,400 $17,600
2020 $1,138 $20,000 $2,400 $17,600
2019 $1,138 $20,000 $2,400 $17,600
2018 $1,138 $40,000 $2,400 $37,600
2017 $1,109 $40,000 $2,400 $37,600
2016 $1,121 $40,000 $2,400 $37,600
2015 -- $40,000 $2,400 $37,600
2014 -- $40,000 $2,400 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S292489

Central New York Information Services

APN: 311500-086-000-0024-005-000-0000