NOT LISTED FOR SALE

416 Rowland St Syracuse, NY 13204

Skunk City Neighborhood

Estimated Value: $97,000 - $124,293

4 Beds
2 Baths
2,160 Sq Ft
$51/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $45,000 $21 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $675/month

88 Days on Market

About This Home

As of October 2015

A wonderful investment! This 2 family home will give you a 22% cap rate! This home is currently rented, well maintained and ready for a new owner. A great location and close to downtown, this has many features, including a balcony, 2 car garage, and eat-in kitchens. Plus the property is in great condition.

Last Agent to Sell the Property

Robert McTague

Listing by Howard Hanna Real Estate License #40MC1108776 Listed on: 06/04/2015

Howard Hanna Real Estate

Co-Listed By

Richard Gordon

Listing by Skinner & Assoc. Realty LLC License #10401257857

Last Buyer's Agent

Robert McTague

Listing by Howard Hanna Real Estate License #40MC1108776 Listed on: 06/04/2015

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 100 x 36

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Multiple Heating Units
  • Gravity Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes garage, hot water, refuse removal, water
  • Assessor Parcel Number 311500-091-000-0006-019-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $2,698
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,062

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 95
  • Annual Operating Expenses: 2698
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 37000
  • Gross Annual Income: 14400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 36
  • Lot Information: Neighborhood Street
  • L P Per Acre: 587500.0000
  • List Price per Sq Ft: 21.7592
  • Nearest Cross Street: Lydel/Geddes
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 562500.00
  • Ratio Close Price By Sq Ft: 20.83
  • Ratio List Price By Acres: 587500.00
  • Ratio List Price By Sq Ft: 21.76
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Garage, Hot Water, Refuse Removal, Water
  • School Tax: 642
  • Sale Price List Price: 0.9574
  • S P Per Acre: 562500.0000
  • S P Per Sq Ft: 20.8300
  • Sub Board Code: Syracuse
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 47000.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Take Geddes to Rowland St.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some, Wall To Wall Carpet-Some
  • Number of Rooms: 10
  • Total Sq Ft: 2160

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0800

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: Gravity
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-091-000-0006-019-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2062

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Leon Justin J
Bought by
Moon Gi H
Current Estimated Value
$109,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$58,684
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$51,139

Purchase Details

Listed on
Jun 4, 2015
Closed on
Oct 28, 2015
Sold by
Thompson Stephen C
Bought by
Leon Justin
Seller's Agent
Robert McTague
Howard Hanna Real Estate
Buyer's Agent
Robert McTague
Howard Hanna Real Estate
List Price
$47,000
Sold Price
$45,000
Premium/Discount to List
-$2,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$36,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Curtis Lyle M
Bought by
Thompson Stephen C
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
Moon Gi H $80,000 None Available
Leon Justin $45,000 --
Thompson Stephen C $34,000 Robert Oleary
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Gi H $60,000
Previous Owner Leon Justin $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $45,000 -4.3% $21 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $47,000 -- $22 / 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 -- $37,000 $5,600 $31,400
2023 $1,086 $37,000 $5,600 $31,400
2022 $1,115 $37,000 $5,600 $31,400
2021 $1,115 $37,000 $5,600 $31,400
2020 $1,134 $37,000 $5,600 $31,400
2019 $1,124 $37,000 $5,600 $31,400
2018 $1,124 $37,000 $5,600 $31,400
2017 $1,072 $37,000 $5,600 $31,400
2016 $1,083 $37,000 $5,600 $31,400
2015 -- $37,000 $5,600 $31,400
2014 -- $37,000 $5,600 $31,400
Source: Public Records

Agents Affiliated with this Home

  • Robert McTague

    Seller's Agent in 2015

    Robert McTague

    Howard Hanna

    (315) 882-6610

    1 in this area

    233 Total Sales

    Robert McTague
    Section Image
  • Richard Gordon

    Seller Co-Listing Agent in 2015

    Richard Gordon

    Skinner & Assoc. Realty LLC

    (315) 882-0332

    60 Total Sales

    Richard Gordon
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S334020

Central New York Information Services

APN: 311500-091-000-0006-019-000-0000

New York Onondaga County Syracuse 13204 Skunk City

416 Rowland St, Syracuse, NY

This home is located at 416 Rowland St, Syracuse, NY 13204 since 04 June 2015 and is currently estimated at $109,823, approximately $50 per square foot. This property was built in 1920. 416 Rowland St is a home located in Onondaga County with nearby schools including Delaware Academy, Westside Academy at Blodgett, and Most Holy Rosary School.

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