NOT LISTED FOR SALE

407 Salt Springs Rd Unit 9 Syracuse, NY 13224

Salt Springs Neighborhood

Estimated Value: $142,000 - $228,839

6 Beds
2 Baths
2,760 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $47,250 $17 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $1,097/month

7 Days on Market

About This Home

As of February 2018

This property is now under auction terms which will take place on or about 11/3/2017. Seller has the right to (a) change the date, place and terms of the sale; (b) to remove the property from the market, and (c) to sell the property prior to the sale. Wonderful opportunity to this 2 family unit in Salt Springs Neighborhood. 2 large apartments with fireplaces, large kitchens and porches. Needs some updates. Please note address on house is 405-407 but tax records show this as 407-409 Salt Springs

Last Agent to Sell the Property

Donna Fellows

Listing by Berkshire Hathaway CNY Realty License #10301201267 Listed on: 10/31/2017

Berkshire Hathaway CNY Realty

Last Buyer's Agent

Joanne LoCurto Bonfe

Listing by Dropped Members License #10401273616

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,507 Sq Ft Lot
  • Lot Dimensions are 123 x 44

Parking

  • 2 Car Garage

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Auction
  • REO, home is currently bank or lender owned
  • Tax Lot 26
  • Assessor Parcel Number 311500-037-000-0011-026-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 74500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 123
  • Lot Dimension Front: 44
  • Lot Information: Neighborhood Street
  • Lot Number: 26
  • Nearest Cross Street: E Genesee
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 373813.29
  • Ratio Close Price By Sq Ft: 17.12
  • Ratio List Price By Acres: 142405.06
  • Ratio List Price By Sq Ft: 6.52
  • Regional Board Code: Syracuse
  • School Tax: 1293
  • Sub Board Code: Syracuse
  • Type of Sale: Auction, Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 5507
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: E genesee st to Salt Springs
  • Unit: 9
  • Special Features: 84
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Total Sq Ft: 2760

Exterior Features

  • Construction: Aluminum/Steel, Shake Shingle
  • Number of Acres: 0.1264

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: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-037-000-0011-026-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2908

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 12, 2017
Sold by
Us Bank Na Tr
Bought by
Shanaa Othman A
Seller's Agent
Donna Fellows
Berkshire Hathaway CNY Realty
Buyer's Agent
Joanne LoCurto Bonfe
Dropped Members
List Price
$18,000
Sold Price
$47,250
Premium/Discount to List
$29,250
162.5%
Current Estimated Value
$183,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,710
Avg. Annual Appreciation
19.28%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Kessler Joseph A
Bought by
Us Bank National

Purchase Details

Closed on
Mar 19, 2003
Sold by
Deluca Kory M
Bought by
Secretary Of Veterans
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
Shanaa Othman A $47,250 --
Shanaa Othman A $47,250 --
Us Bank National $85,500 Woods Oviatt Gilman, Llp
Secretary Of Veterans $43,184 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2018 02/05/18 Sold $47,250 +162.5% $17 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $18,000 -- $7 / 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 -- $81,000 $5,100 $75,900
2023 $1,503 $74,500 $5,100 $69,400
2022 $1,532 $74,500 $5,100 $69,400
2021 $1,532 $74,500 $5,100 $69,400
2020 $1,593 $74,500 $5,100 $69,400
2019 $3,585 $74,500 $5,100 $69,400
2018 $1,589 $74,500 $5,100 $69,400
2017 $1,528 $74,500 $5,100 $69,400
2016 $1,550 $74,500 $5,100 $69,400
2015 -- $74,500 $5,100 $69,400
2014 -- $74,500 $5,100 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1085084

Central New York Information Services

APN: 311500-037-000-0011-026-000-0000