NOT LISTED FOR SALE

Estimated Value: $96,000 - $120,152

3 Beds
2 Baths
1,552 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $80,900 $52 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $669/month

10 Days on Market

About This Home

As of May 2023

Great opportunity to own a cash flowing rental property in Syracuse. Close to downtown, Destiny USA and much more. This property has updated water tanks and furnaces as well as some replacement windows, vinyl siding and much more. Tenants are very accommodating and both are current on rent.

Last Agent to Sell the Property

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 03/24/2023

Hunt Real Estate ERA

Last Buyer's Agent

Robert Joeckel

Listing by Hunt Real Estate ERA License #40JO0904471

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1910

Lot Details

  • 4,402 Sq Ft Lot
  • Lot Dimensions are 115 x 38

Parking

  • No Driveway

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 5
  • Assessor Parcel Number 311500-007-000-0032-005-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,670

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 50000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 38
  • Lot Information: Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: Union
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 800197.82
  • Ratio Close Price By Sq Ft: 52.13
  • Ratio List Price By Acres: 790306.63
  • Ratio List Price By Sq Ft: 51.48
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 845
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4402
  • Age of Building: 113
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1552
  • Directions To Property: Off Union Pl
  • Sq Ft Total Pub: 1552
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1552

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1011

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

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

Lot Info

  • Parcel Number: 311500-007-000-0032-005-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2670

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 18, 2023
Sold by
Starpine Properties Llc
Bought by
Ossining Rntl Prop Llc
Seller's Agent
Dante Belmonte
Hunt Real Estate ERA
Buyer's Agent
Robert Joeckel
Hunt Real Estate ERA
List Price
$79,900
Sold Price
$80,900
Premium/Discount to List
$1,000
1.25%
Views
309
Current Estimated Value
$107,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,167
Avg. Annual Appreciation
10.10%
Original Mortgage
$64,720
Outstanding Balance
$62,881
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$41,907

Purchase Details

Listed on
Jul 23, 2012
Closed on
Jan 8, 2013
Sold by
Barker Michael
Bought by
Starpine Properties Llc
Seller's Agent
Joseph C. Scordo
Howard Hanna Real Estate
Buyer's Agent
Joseph C. Scordo
Howard Hanna Real Estate
List Price
$49,900
Sold Price
$37,000
Premium/Discount to List
-$12,900
-25.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$18,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Goodson Phillip E
Bought by
Barker Michael

Purchase Details

Closed on
Jan 14, 2003
Sold by
King Richard D and King Lucille A
Bought by
Goodson Phillip E
Source: Public Records
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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
Ossining Rntl Prop Llc $80,900 None Available
Starpine Properties Llc $37,000 James J. Wallace
Barker Michael $40,000 Christopher Mikienis
Goodson Phillip E $25,000 Douglas Taylor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ossining Rntl Prop Llc $64,720
Previous Owner Starpine Properties Llc $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2023 05/18/23 Sold $80,900 +1.3% $52 / Sq Ft
03/24/2023 03/24/23 For Sale $79,900 +115.9% $51 / Sq Ft
12/28/2012 12/28/12 Sold $37,000 -25.9% $24 / Sq Ft View Prior Sale
08/04/2012 08/04/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $49,900 -- $32 / Sq Ft
Source: Central New York Information Services

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 $1,348 $62,000 $8,200 $53,800
2023 $1,231 $50,000 $8,200 $41,800
2022 $1,260 $50,000 $8,200 $41,800
2021 $1,260 $50,000 $8,200 $41,800
2020 $1,293 $50,000 $8,200 $41,800
2019 $1,285 $50,000 $8,200 $41,800
2018 $1,285 $50,000 $8,200 $41,800
2017 $1,230 $50,000 $8,200 $41,800
2016 $1,245 $50,000 $8,200 $41,800
2015 -- $50,000 $8,200 $41,800
2014 -- $50,000 $8,200 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1460884

Central New York Information Services

APN: 311500-007-000-0032-005-000-0000