NOT LISTED FOR SALE

Estimated Value: $447,000 - $531,000

10 Beds
3 Baths
4,008 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $305,000 $76 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,064/month

11 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • Partial Attic

About This Home

As of February 2020

CLOSE IN UNIVERSITY 3 FAMILY. Has Parking. Short walk to campus. Southern Exposure on and East-West Cross Street- superior location for student rental business. 100 percent leased- so you are cash positive from day one. The total package!

Last Agent to Sell the Property

Dan Murphy

Listing by University Hill Realty Ltd License #10301206321 Listed on: 11/10/2019

Last Buyer's Agent

Andrea Bucci

Listing by Acropolis Realty Group LLC License #40BU0998964

Acropolis Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,831

Year Built

  • Built in 1916

Lot Details

  • 4,640 Sq Ft Lot
  • Lot Dimensions are 112 x 41

Home Design

  • Block Foundation

Interior Spaces

  • 4,008 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Partial Attic

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes furnished, no utilities
  • Tax Lot 24
  • Assessor Parcel Number 311500-052-000-0004-024-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $9,001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,831

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Annual Operating Expenses: 9001
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 173500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 41
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 24
  • Nearest Cross Street: Sumner
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2863849.77
  • Ratio Close Price By Sq Ft: 76.10
  • Ratio List Price By Acres: 3286384.98
  • Ratio List Price By Sq Ft: 87.33
  • Regional Board Code: Syracuse
  • Rent Includes: Furnished, No Utilities
  • School Tax: 3621
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4640
  • Ad Copy: Excellent Student Rental Property. Close to campus. Parking. All Separate Utilities. 100% rented- positive cash flow from day one!
  • Ad Headline: UNIVERSITY 3 FAMILY
  • Age of Building: 106
  • Year Built: 1916
  • Directions To Property: East on E Genesee, take a right onto Comstock Av. Left onto Comstock Place. Take a right onto Ostrom. Follow Ostrom to Stratford Street, Left onto Stratford. House will be on your left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1916

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some
  • Total Sq Ft: 4008

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1065

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-052-000-0004-024-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 8831

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2019
Closed on
Feb 25, 2020
Sold by
415 Stratford St Llc
Bought by
415 Stratford Ave Llc
Seller's Agent
Dan Murphy
University Hill Realty Ltd
Buyer's Agent
Andrea Bucci
Acropolis Realty Group LLC
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%
Current Estimated Value
$491,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,628
Avg. Annual Appreciation
9.03%
Original Mortgage
$256,000
Outstanding Balance
$229,145
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,946

Purchase Details

Closed on
Jul 18, 2003
Sold by
Tupper Joseph
Bought by
415 Stratford St Llc

Purchase Details

Closed on
Apr 16, 1997
Sold by
Hart Thomas E
Bought by
Tupper Joseph
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
415 Stratford Ave Llc $320,000 None Available
415 Stratford St Llc -- M June Lockwood
Tupper Joseph $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 415 Stratford Ave Llc $256,000
Closed 415 Stratford Ave Llc $256,000
Closed 415 Stratford Ave Llc $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $305,000 -12.9% $76 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
11/10/2019 11/10/19 For Sale $350,000 -- $87 / 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 -- $310,000 $11,800 $298,200
2023 $4,459 $310,000 $11,800 $298,200
2022 $3,368 $240,000 $11,800 $228,200
2021 $3,368 $208,000 $11,800 $196,200
2020 $3,570 $208,000 $11,800 $196,200
2019 $3,150 $208,000 $11,800 $196,200
2018 $3,150 $173,500 $11,800 $161,700
2017 $3,041 $173,500 $11,800 $161,700
2016 $3,093 $173,500 $11,800 $161,700
2015 -- $173,500 $11,800 $161,700
2014 -- $145,000 $11,800 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1237607

Central New York Information Services

APN: 311500-052-000-0004-024-000-0000