NOT LISTED FOR SALE

Estimated Value: $121,106

-- Bed
-- Bath
3,116 Sq Ft
$39/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $85,000 $27 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $793/month

124 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Washington Square Park
  • Property is near a bus stop

About This Home

As of June 2022

Don’t miss your chance to grab this multi-unit property for an instant money maker! This property has both units occupied, plus the opportunity to rent the massive garage space to a 3rd tenant if desired. Property was once a storefront/showroom and converted to two single bedroom apartments. Lots of parking space as well.

Last Agent to Sell the Property

Mark Bell

Listing by Bell Home Team License #10401295047 Listed on: 11/05/2021

Co-Listed By

Katherine Bell

Listing by Bell Home Team License #10311209213

Last Buyer's Agent

Mark Bell

Listing by Bell Home Team License #10401295047 Listed on: 11/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1940

Lot Details

  • 3,465 Sq Ft Lot
  • Lot Dimensions are 70 x 49

Parking

  • 4 Car Garage

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 3,116 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near a bus stop

Schools

  • Webster Elementary School
  • Grant Middle School
  • Corcoran High School

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 7
  • Assessor Parcel Number 311500-002-000-0004-007-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,886

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 70000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 70
  • Lot Dimension Front: 49
  • Lot Information: Near Bus Line
  • Lot Number: 7
  • Nearest Cross Street: Carbon St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1069182.39
  • Ratio Close Price By Sq Ft: 27.28
  • Ratio List Price By Acres: 1319496.86
  • Ratio List Price By Sq Ft: 33.66
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1200
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3465
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Route 81 to exit 23-24A-24B for NY-370 E/Park Street, continue on NY-370 E/Park St. Drive to Wolf St, Turn right onto NY-370 E/Park St, Turn left onto Wolf St, property will be on the left.
  • Sq Ft Total Pub: 3116
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Basement Description: Exterior Walkout, Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 3116

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0795

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 4.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 3
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 311500-002-000-0004-007-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3886

MLS Schools

  • Elementary School Name: Webster Elementary
  • High School Name: Corcoran High
  • Middle School Name: Grant Middle
  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jun 17, 2022
Sold by
Quality Countertops Llc
Bought by
Freeman Tacaro
Seller's Agent
Mark Bell
Bell Home Team
Buyer's Agent
Mark Bell
Bell Home Team
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%
Current Estimated Value
$121,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,106
Avg. Annual Appreciation
11.08%
Original Mortgage
$80,433
Outstanding Balance
$76,552
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$44,554
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
Freeman Tacaro $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Tacaro $80,433
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $85,000 -19.0% $27 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
01/17/2022 01/17/22 Price Changed $104,900 -4.5% $34 / Sq Ft
11/05/2021 11/05/21 For Sale $109,900 -- $35 / 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 -- $70,000 $10,300 $59,700
2023 $1,903 $70,000 $10,300 $59,700
2022 $1,952 $70,000 $10,300 $59,700
2021 $1,952 $70,000 $10,300 $59,700
2020 $1,991 $70,000 $10,300 $59,700
2019 $1,977 $70,000 $10,300 $59,700
2018 $1,977 $70,000 $10,300 $59,700
2017 $1,382 $70,000 $10,300 $59,700
2016 $1,286 $70,000 $10,300 $59,700
2015 -- $70,000 $10,300 $59,700
2014 -- $70,000 $10,300 $59,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1375986

Central New York Information Services

APN: 311500-002-000-0004-007-000-0000