NOT LISTED FOR SALE

419 Merriman Ave Syracuse, NY 13204

Near Westside Neighborhood

Estimated Value: $96,000 - $121,000

5 Beds
3 Baths
2,628 Sq Ft
$40/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $55,000 $21 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $679/month

33 Days on Market

Highlights

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

About This Home

As of October 2019

Large 3 family money maker. Great property to add to your portfolio. A lot of work has gone into this property making it a turn key cash cow. Currently all 3 units are rented.

Last Agent to Sell the Property

Todd Emmons

Listing by Integrated Real Estate Ser LLC License #10491209506 Listed on: 02/22/2019

Integrated Real Estate Ser LLC

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

  • $2,560

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 132 x 50

Interior Spaces

  • 2,628 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate

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 no utilities
  • Tax Lot 2
  • Assessor Parcel Number 311500-097-000-0014-002-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,560

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 40000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 50
  • Lot Information: Near Bus Line
  • Lot Number: 2
  • Nearest Cross Street: Geddes
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 363036.30
  • Ratio Close Price By Sq Ft: 20.93
  • Ratio List Price By Acres: 402640.26
  • Ratio List Price By Sq Ft: 23.21
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • School Tax: 697
  • Sub Board Code: Syracuse
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6600
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: 2nd building from South Geddes on Merriman
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: In All Apartments, Negotiable, Refrigerator
  • Total Sq Ft: 2628

Exterior Features

  • Construction: Shake Shingle
  • Number of Acres: 0.1515

Garage/Parking

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

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: 311500-097-000-0014-002-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2560

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Upstate Fund Llc and Bensimon
Bought by
Syracuse Gardens Llc
Current Estimated Value
$104,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2019
Closed on
Oct 24, 2019
Sold by
Salau Babatunde
Bought by
Amkie Margalit and Bensimon Yohann
Seller's Agent
Todd Emmons
Integrated Real Estate Ser LLC
Buyer's Agent
Andrea Bucci
Acropolis Realty Group LLC
List Price
$61,000
Sold Price
$55,000
Premium/Discount to List
-$6,000
-9.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$44,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 3, 2007
Sold by
Colon Raul
Bought by
Salau Babatunde

Purchase Details

Closed on
May 29, 1998

Purchase Details

Closed on
Apr 13, 1998
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Syracuse Gardens Llc $430,000 None Available
Syracuse Gardens Llc $430,000 None Available
Amkie Margalit $55,000 --
Amkie Margalit $55,000 --
Amkie Margalit $55,000 --
Salau Babatunde $55,000 James A Pc Gosier
Salau Babatunde $55,000 James A Pc Gosier
-- $6,750 --
-- $6,750 --
-- $24,900 --
-- $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syracuse Gardens Llc $390,000
Previous Owner Syracuse Gardens Llc $112,000
Previous Owner Amkie Margalit $44,000
Previous Owner Amkie Margalt $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $55,000 -9.8% $21 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $61,000 -- $23 / 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 -- $40,000 $2,700 $37,300
2023 $1,457 $40,000 $2,700 $37,300
2022 $1,501 $40,000 $2,700 $37,300
2021 $1,501 $40,000 $2,700 $37,300
2020 $1,510 $40,000 $2,700 $37,300
2019 $1,494 $40,000 $2,700 $37,300
2018 $1,494 $40,000 $2,700 $37,300
2017 $1,420 $40,000 $2,700 $37,300
2016 $1,432 $40,000 $2,700 $37,300
2015 -- $40,000 $2,700 $37,300
2014 -- $40,000 $2,700 $37,300
Source: Public Records

Agents Affiliated with this Home

  • Todd Emmons

    Seller's Agent in 2019

    Todd Emmons

    Integrated Real Estate Ser LLC

    (315) 506-2007

    55 Total Sales

    Todd Emmons
    Section Image
  • Andrea Bucci

    Buyer's Agent in 2019

    Andrea Bucci

    Acropolis Realty Group LLC

    (315) 430-3693

    1 in this area

    62 Total Sales

    Andrea Bucci
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1174416

Central New York Information Services

APN: 311500-097-000-0014-002-000-0000

New York Onondaga County Syracuse 13204 Near Westside

419 Merriman Ave, Syracuse, NY

This home is located at 419 Merriman Ave, Syracuse, NY 13204 since 22 February 2019 and is currently estimated at $104,667, approximately $39 per square foot. This property was built in 1900. 419 Merriman Ave is a home located in Onondaga County with nearby schools including Delaware Academy, Westside Academy at Blodgett, and St. Lucy's Academy.

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