NOT LISTED FOR SALE

408 E Division St Syracuse, NY 13208

Northside Neighborhood

Estimated Value: $97,000 - $224,152

6 Beds
4 Baths
1,766 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $145,000 $82 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,070/month

25 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Rectangular Lot
  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2021

This wonderful triplex offers great opportunities! Investors and Owner Occupied Buyers alike take note! 3-Family building located in a popular rental area with easy access to public amenities including major roadways, transportation, shopping, parks and entertainment. Each unit is different and remarkable. There is a one bedroom, a two bedroom and a three bedroom that have been remodeled to perfection. New appliances, beautiful tiled showers, all new flooring and neutral paint. Tenants enjoy off-street parking space and basement storage spaces. Each unit is separately metered for gas and electric.

Last Agent to Sell the Property

Valerie Morris

Listing by Adolfi Real Estate, Inc. License #10301222098 Listed on: 12/27/2020

Last Buyer's Agent

Emma Brennan

Listing by NextHome CNY Realty License #10401344123

NextHome CNY Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 1900

Lot Details

  • 5,846 Sq Ft Lot
  • Lot Dimensions are 37x158
  • Rectangular Lot

Home Design

  • Triplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Common or Shared Parking
  • Paved Parking

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 311500-008-000-0012-001-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $4,853
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,353

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1900
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Butternut St to E Division to 408 E Division.
  • Architectural Style: Triplex
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Features: Natural Woodwork
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Acres: 0.1342
  • Waterfront: No
  • Construction Type: Vinyl Siding, PEX Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Common, Paved, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-008-000-0012-001-000-0000
  • Lot Dimensions: 37X158
  • Lot Size Sq Ft: 5846.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 32400.0
  • Annual Operating Expense: 4853.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3353.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2020
Closed on
Mar 25, 2021
Sold by
Newell Division Llc
Bought by
Osman Najib and Osman Asma
Seller's Agent
Valerie Morris
Adolfi Real Estate, Inc.
Buyer's Agent
Emma Brennan
NextHome CNY Realty
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$177,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,788
Avg. Annual Appreciation
4.60%
Original Mortgage
$142,373
Outstanding Balance
$127,692
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$50,096
Source: Public Records

Range of Values:

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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
Osman Najib $145,000 None Available
Osman Najib $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osman Najib $142,373
Closed Osman Najib $142,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $145,000 -3.3% $82 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/27/2020 12/27/20 For Sale $149,900 -- $85 / 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 -- $47,000 $7,800 $39,200
2023 $1,535 $47,000 $7,800 $39,200
2022 $1,579 $47,000 $7,800 $39,200
2021 $1,579 $47,000 $7,800 $39,200
2020 $1,510 $47,000 $7,800 $39,200
2019 $3,087 $40,000 $7,800 $32,200
2018 $1,494 $40,000 $7,800 $32,200
2017 $1,420 $40,000 $7,800 $32,200
2016 $1,432 $40,000 $7,800 $32,200
2015 -- $40,000 $7,800 $32,200
2014 -- $40,000 $7,800 $32,200
Source: Public Records

Agents Affiliated with this Home

  • Valerie Morris

    Seller's Agent in 2021

    Valerie Morris

    Adolfi Real Estate, Inc.

    (315) 561-3106

    13 in this area

    188 Total Sales

    Valerie Morris
    Section Image
  • Emma Brennan

    Buyer's Agent in 2021

    Emma Brennan

    NextHome CNY Realty

    (315) 807-7544

    4 in this area

    147 Total Sales

    Emma Brennan
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1312710

Central New York Information Services

APN: 311500-008-000-0012-001-000-0000

New York Onondaga County Syracuse 13208 Northside

408 E Division St, Syracuse, NY

This home is located at 408 E Division St, Syracuse, NY 13208 since 27 December 2020 and is currently estimated at $177,788, approximately $100 per square foot. This property was built in 1900. 408 E Division St is a home located in Onondaga County with nearby schools including Franklin Elementary School, Grant Middle School, and Cathedral Academy at Pompei.

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