NOT LISTED FOR SALE

500 Schaffer Ave Syracuse, NY 13206

Estimated Value: $104,000 - $170,679

2 Beds
2 Baths
1,092 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $75,000 $69 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $844/month

5 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • 1-Story Property
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of September 2021

2 family home offers 2- 1 bedroom units Has a newer roof and water tank many new windows exterior of the house was recently painted.

Last Agent to Sell the Property

William Davies II

Listing by Kirnan Real Estate License #30DA0940283 Listed on: 07/13/2021

Last Buyer's Agent

Linda Friot

Listing by Kirnan Real Estate License #10401316779

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1940

Lot Details

  • 3,840 Sq Ft Lot
  • Lot Dimensions are 48x80

Home Design

  • Copper Plumbing

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 8
  • Assessor Parcel Number 314889-070-000-0008-008-000-0000

Community Details

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $2,400

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,240

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities
  • Year Built: 1940
  • ResoLaundryFeatures: Common Area
  • Lot Features: Other, See Remarks
  • Directions: court st to 500 schaffer
  • Flooring: Hardwood, Laminate, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers, Fuses
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Acres: 0.0882
  • Waterfront Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Other, See Remarks, Copper Plumbing

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

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

Schools

  • Junior High Dist: Lyncourt

Lot Info

  • Parcel Number: 314889-070-000-0008-008-000-0000
  • Lot Dimensions: 48X80
  • Lot Size Sq Ft: 3840.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 2400.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 3240.0
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Oct 1, 2021
Sold by
Hennigan John
Bought by
Hobin Caroline R
Seller's Agent
William Davies II
Kirnan Real Estate
Buyer's Agent
Linda Friot
Kirnan Real Estate
List Price
$69,900
Sold Price
$75,000
Premium/Discount to List
$5,100
7.3%
Current Estimated Value
$135,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,420
Avg. Annual Appreciation
14.95%
Original Mortgage
$75,000
Outstanding Balance
$68,393
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,027

Purchase Details

Listed on
Mar 31, 2016
Closed on
Aug 5, 2016
Sold by
Emmi Marc
Bought by
Hennigan John
Seller's Agent
Michael Leone
Scripa Group, LLC
Buyer's Agent
Michael Leone
Scripa Group, LLC
List Price
$49,900
Sold Price
$37,000
Premium/Discount to List
-$12,900
-25.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%

Purchase Details

Closed on
Dec 9, 1996

Purchase Details

Closed on
Mar 20, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hobin Caroline R $75,000 None Available
Hobin Caroline R $75,000 None Available
Hennigan John $37,000 Karen Carpenter
-- $27,000 --
-- $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobin Caroline R $75,000
Closed Hobin Caroline R $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $75,000 +7.3% $69 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $69,900 +88.9% $64 / Sq Ft
08/05/2016 08/05/16 Sold $37,000 -25.9% $34 / Sq Ft View Prior Sale
07/01/2016 07/01/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $49,900 -- $46 / 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 $4,695 $75,000 $11,500 $63,500
2023 $4,563 $75,000 $11,500 $63,500
2022 $4,321 $75,000 $11,500 $63,500
2021 $4,270 $72,000 $11,500 $60,500
2020 $3,155 $45,000 $11,500 $33,500
2019 -- $45,000 $11,500 $33,500
2018 $3,179 $45,000 $11,500 $33,500
2017 $4,038 $45,000 $11,500 $33,500
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    William Davies II

    Kirnan Real Estate

    (315) 263-5565

    2 in this area

    39 Total Sales

    William Davies II
    Section Image

  • L

    Buyer's Agent in 2021

    Linda Friot

    Kirnan Real Estate

    Section Image

  • T

    Buyer Co-Listing Agent in 2021

    Toni Ann Marschner

    Kirnan Real Estate

    (315) 559-2619

    2 in this area

    15 Total Sales

    Toni Ann Marschner
    Section Image

  • M

    Seller's Agent in 2016

    Michael Leone

    Scripa Group, LLC

    (315) 952-2868

    15 Total Sales

    Michael Leone
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1351510

Central New York Information Services

APN: 314889-070-000-0008-008-000-0000

New York Onondaga County Syracuse 13206

500 Schaffer Ave, Syracuse, NY

Not Listed for Sale

MultiFamily

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