NOT LISTED FOR SALE

Estimated Value: $103,684 - $133,000

5 Beds
3 Baths
2,329 Sq Ft
$51/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $72,500 $31 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $771/month

15 Days on Market

About This Home

As of November 2020

Calling all Investors, this 3 family on the West end of Syracuse is waiting for its new owner, the property has many upgrades and long term tenants in all 3 units. The property has a new C of C that will transfer to the new owner after closing. Don't wait, this property won't last long!

Last Agent to Sell the Property

Michael Sutkus

Listing by Dropped Members License #10401301927 Listed on: 08/18/2020

Dropped Members

Last Buyer's Agent

Frank Procopio

Listing by Hunt Real Estate ERA License #10301221680

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 1900

Lot Details

  • 2,790 Sq Ft Lot
  • Lot Dimensions are 62 x 45

Interior Spaces

  • 2,329 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • No Driveway
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 2
  • Assessor Parcel Number 311500-092-000-0024-002-000-0000

Community Details

Overview

  • 3 Units
  • O T Burt Community
  • O T Burt Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,583

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 65000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 62
  • Lot Dimension Front: 45
  • Lot Information: Neighborhood Street
  • Lot Number: 2
  • Nearest Cross Street: Arthur St
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1132812.50
  • Ratio Close Price By Sq Ft: 31.13
  • Ratio List Price By Acres: 1326562.50
  • Ratio List Price By Sq Ft: 36.45
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 1132
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2790
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2329
  • Directions To Property: S Geddes St to Elliott St
  • Sq Ft Total Pub: 2329
  • Subdivision Comm Complex: O T Burt
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2329

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0640

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: No Driveway, Street

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: 311500-092-000-0024-002-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3583

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Oct 22, 2020
Sold by
Hinuera Properties Llc
Bought by
William T Hutchinson Llc
Seller's Agent
Michael Sutkus
Dropped Members
Buyer's Agent
Frank Procopio
Hunt Real Estate ERA
List Price
$84,900
Sold Price
$72,500
Premium/Discount to List
-$12,400
-14.61%
Current Estimated Value
$117,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,171
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Oct 14, 2011
Sold by
Bennett Donald
Bought by
Lapworth Holdings Llc

Purchase Details

Closed on
Jul 20, 2000
Sold by
Geddes Federal Savings & Loan Assn
Bought by
S A S Homes

Purchase Details

Closed on
Jul 12, 2000
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
William T Hutchinson Llc $72,500 None Available
William T Hutchinson Llc $72,500 None Available
Lapworth Holdings Llc $45,000 --
S A S Homes $15,000 --
-- $5,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $72,500 -14.6% $31 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $84,900 +165.3% $36 / Sq Ft
05/19/2020 05/19/20 Sold $32,000 -8.6% $14 / Sq Ft View Prior Sale
01/29/2020 01/29/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $35,000 0.0% $15 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $35,000 -- $15 / 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 -- $65,000 $5,100 $59,900
2023 $1,735 $65,000 $5,100 $59,900
2022 $1,779 $65,000 $5,100 $59,900
2021 $1,779 $65,000 $5,100 $59,900
2020 $1,817 $65,000 $5,100 $59,900
2019 $1,804 $65,000 $5,100 $59,900
2018 $1,804 $65,000 $5,100 $59,900
2017 $1,724 $65,000 $5,100 $59,900
2016 $1,743 $65,000 $5,100 $59,900
2015 -- $65,000 $5,100 $59,900
2014 -- $65,000 $5,100 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1287423

Central New York Information Services

APN: 311500-092-000-0024-002-000-0000