NOT LISTED FOR SALE

328 1st St Syracuse, NY 13209

Estimated Value: $161,000 - $185,000

5 Beds
3 Baths
1,748 Sq Ft
$99/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $107,900 $62 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,317/month

57 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Property is near a bus stop
  • Deck
  • Fenced Yard
  • Ceiling Fan

About This Home

As of September 2019

Welcome to your new investment property! Wonderfully maintained 2 family with long term tenants in both units. The first floor has a spacious layout with 3 beds and 1 bath. The second floor has 2 beds and 1 bath. Located in the very desirable Solvay School District with Solvay electric! Updates throughout, including NEW hot water heater, paint, updated flooring and a NEW pump and filter on the pool. Centrally located and just minutes from restaurants, shopping and the highway. Ideal option to owner occupy and live mortgage free! Generating income potential of $1600 or more per month! Nothing else like it on the market, don't miss the opportunity to make this home yours!

Last Agent to Sell the Property

Mary Phillips

Listing by NextHome CNY Realty License #10301220736 Listed on: 04/17/2019

NextHome CNY Realty

Co-Listed By

Samantha Dougherty

Listing by NextHome CNY Realty License #10311208735

Last Buyer's Agent

Leslie Harris

Listing by eXp Realty License #10401258464

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 1904

Lot Details

  • 3,024 Sq Ft Lot
  • Lot Dimensions are 112 x 27
  • Fenced Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Above Ground Pool
  • Deck

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes hot water, water
  • Tax Lot 30
  • Assessor Parcel Number 313201-007-000-0001-030-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,027

Year Built

Built in 1904

Lot Details

0

Listing Details

  • NY Swis Code: Solvay-Village-313201
  • Total Assessed Value: 59500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 27
  • Lot Information: Near Bus Line, Primary Road
  • Lot Number: 30
  • Nearest Cross Street: Cogswell
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1554755.04
  • Ratio Close Price By Sq Ft: 61.73
  • Ratio List Price By Acres: 1554755.04
  • Ratio List Price By Sq Ft: 61.73
  • Regional Board Code: Syracuse
  • Rent Includes: Hot Water, Water
  • School Tax: 1838
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex, Upper/Lower
  • Type of Sale: Normal
  • Village: Solvay-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 3024
  • Age of Building: 118
  • Year Built: 1904
  • Directions To Property: Milton Ave to Cogswell to First Street.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1904

Interior Features

  • Additional Interior Features: Ceiling Fan, Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1748

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Fully Fenced Yard, Pool-Above Ground, Private Yard - see Remarks
  • Number of Acres: 0.0694

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 1 Space, Street

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Solvay

Lot Info

  • Parcel Number: 313201-007-000-0001-030-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3027

MLS Schools

  • School District Name: Solvay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Sep 3, 2019
Sold by
Van-Buren Thomas J
Bought by
Acquilano Nicholas
Seller's Agent
Mary Phillips
NextHome CNY Realty
Buyer's Agent
Leslie Harris
eXp Realty
List Price
$112,900
Sold Price
$107,900
Premium/Discount to List
-$5,000
-4.43%
Current Estimated Value
$173,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,767
Avg. Annual Appreciation
9.75%
Original Mortgage
$80,900
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 16, 2012
Closed on
Nov 20, 2012
Sold by
Ferri Robert
Bought by
Vanburen Thomas
Seller's Agent
DIANE M. RYAN
Drops for Syracuse
Buyer's Agent
Ingrid Pineda
Kirnan Real Estate
List Price
$67,500
Sold Price
$50,000
Premium/Discount to List
-$17,500
-25.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%

Purchase Details

Closed on
Sep 19, 1994
Sold by
Mcgann Kevin H
Bought by
Ferri Robert A and Ferri Marsha C
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
Acquilano Nicholas $107,900 --
Acquilano Nicholas $107,900 --
Vanburen Thomas $50,000 Edwina Schleider
Ferri Robert A $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acquilano $398,683
Closed Acquilano Nicholas $80,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $107,900 0.0% $62 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $107,900 -4.4% $62 / Sq Ft
04/17/2019 04/17/19 For Sale $112,900 +125.8% $65 / Sq Ft
11/20/2012 11/20/12 Sold $50,000 -25.9% $29 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $67,500 -- $39 / 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 $4,457 $76,600 $9,500 $67,100
2023 $5,174 $76,600 $9,500 $67,100
2022 $5,095 $76,600 $9,500 $67,100
2021 $4,801 $76,600 $9,500 $67,100
2020 $4,017 $59,500 $9,500 $50,000
2019 -- $59,500 $9,500 $50,000
2018 $6,910 $59,500 $9,500 $50,000
2017 $5,583 $59,500 $9,500 $50,000
2016 $6,782 $59,500 $9,500 $50,000
2015 -- $59,500 $9,500 $50,000
2014 -- $59,500 $9,500 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1185950

Central New York Information Services

APN: 313201-007-000-0001-030-000-0000