NOT LISTED FOR SALE

420 Schaffer Ave Syracuse, NY 13206

Lyncourt Area

Estimated Value: $232,542 - $292,000

6 Beds
2 Baths
2,280 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2025

Last sale price $240,000 $105 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,932 / mo

14 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of July 2025

Welcome to 420 Schaffer Ave, a two-family property located in the Lyncourt area. Each unit features 3 bedrooms and 1 full bathroom, offering spacious layouts and hardwood floors throughout. This property is offers the opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking a solid addition to their portfolio. Both units are currently tenant-occupied on a month-to-month basis, generating over $33,000 in gross annual rental income. The property includes a full basement for additional storage and off-street parking adds convenience for residents. Situated close to major highways, restaurants, shopping, and public transportation, this location offers strong rental demand and excellent accessibility. Within the East Syracuse Minoa (ESM) School District. Whether you're house hacking or expanding your rental holdings, 420 Schaffer Ave delivers long-term value in a high-demand market.

Last Agent to Sell the Property

Ryan Yamini

Listing by Hunt Real Estate ERA License #10301217122 Listed on: 05/02/2025

Hunt Real Estate ERA

Last Buyer's Agent

Ingrid Pineda

Listing by Kirnan Real Estate License #10301223494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 1949

Lot Details

  • 7,280 Sq Ft Lot
  • Lot Dimensions are 91x80
  • Corner Lot
  • Irregular Lot

Home Design

  • Block Foundation
  • Aluminum Siding
  • Copper Plumbing

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 18
  • Assessor Parcel Number 314889-070-000-0011-018-000-0000

Community Details

Overview

  • 2 Units
  • Syracuse Gardens Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,369

Year Built

Built in 1949

Lot Details

7,280 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1949
  • Lot Features: Corner Lot, Irregular Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Syracuse Gardens
  • Directions: Court Street to Arterial to Schaffer; 1 block off Teall
  • Flooring: Ceramic Tile, Hardwood, Resilient, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1671
  • Waterfront: No
  • Construction Type: Aluminum Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lyncourt

Lot Info

  • Parcel Number: 314889-070-000-0011-018-000-0000
  • Lot Dimensions: 91X80
  • Lot Size Sq Ft: 7280.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6369.0
  • Tax Lot: 18

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jul 21, 2025
Sold by
Bought by
Seller's Agent
Ryan Yamini
Hunt Real Estate ERA
Buyer's Agent
Ingrid Pineda
Kirnan Real Estate
List Price
$205,000
Sold Price
$240,000
Premium/Discount to List
$35,000
17.07%
Views
17
Current Estimated Value
$257,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,886
Avg. Annual Appreciation
7.45%
Original Mortgage
$168,000
Interest Rate
0.0684%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2014
Closed on
Sep 22, 2014
Sold by
Bought by
Seller's Agent
Terry O'Connell-Raymond
Century 21 Bridgeway Realty
Buyer's Agent
Sarah Barrows
Keller Williams Syracuse
List Price
$899
Sold Price
$92,500
Premium/Discount to List
$91,601
10189.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$90,824
Interest Rate
0.0412%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 17, 1996

Purchase Details

Closed on
Jun 23, 1995
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 --
$92,500 --
$9,500 --
$83,500 Francis E Hunt
-- --
$72,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $168,000
Previous Owner $350,000
Previous Owner $19,695
Previous Owner $90,824
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2025 07/21/25 Sold $240,000 +17.1% $105 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $205,000 +121.6% $90 / Sq Ft
09/22/2014 09/22/14 Sold $92,500 +10189.2% $29 / Sq Ft View Prior Sale
07/09/2014 07/09/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $899 -- $0 / Sq Ft
Source: Central New York Information Services

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,369 $114,400 $16,000 $98,400
2024 $6,369 $114,400 $16,000 $98,400
2023 $6,191 $114,400 $16,000 $98,400
2022 $5,929 $114,400 $16,000 $98,400
2021 $5,672 $104,000 $16,000 $88,000
2020 $5,318 $94,000 $16,000 $78,000
2019 $2,573 $94,000 $16,000 $78,000
2018 $5,375 $94,000 $16,000 $78,000
2017 $2,325 $94,000 $16,000 $78,000
2016 $5,380 $94,000 $16,000 $78,000
2015 -- $94,000 $16,000 $78,000
2014 -- $94,000 $16,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1602905

Central New York Information Services

APN: 314889-070-000-0011-018-000-0000

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