NOT LISTED FOR SALE

503 3rd St Syracuse, NY 13209

Estimated Value: $161,894 - $220,000

4 Beds
2 Baths
1,762 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $180,000 $102 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,263/month

3 Days on Market

Highlights

  • Partial Attic
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of September 2023

Woohoo! Beautiful duplex for sale in the heart of Solvay! This well maintained property features 2 units, both with 2 bedrooms, 1 full bathroom, large kitchens, living areas and in-unit laundry hook-ups! The basement has been freshly painted and has 2 new hot water tanks. Enjoy the benefits of Solvay Electric to have a low low low electric/heat bill for you or your tenants. Best part about this property? No grass which means no mowing or lawn maintenance! The downstairs unit is vacant so come and live in one unit and let the other unit pay your mortgage or come scoop up this asset to add to your cash-flowing portfolio. The upstairs tenant pays $1,000 per month and is on a lease until July 31st 2024. Downstairs could very easily rent for $1,200+ a month. Come take a look today at your next property!

Last Agent to Sell the Property

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 08/04/2023

Hunt Real Estate ERA

Last Buyer's Agent

Lee Baldwin

Listing by Acropolis Realty Group LLC License #10401354448

Acropolis Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 1900

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 50 x 40

Interior Spaces

  • 1,762 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 6
  • Assessor Parcel Number 313201-005-000-0008-006-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,068

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Solvay-Village-313201
  • Total Assessed Value: 58800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 50
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 6
  • Nearest Cross Street: Cogswell
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 3921568.63
  • Ratio Close Price By Sq Ft: 102.16
  • Ratio List Price By Acres: 3483660.13
  • Ratio List Price By Sq Ft: 90.75
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 1976
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Detached, Upper/Lower
  • Type of Sale: Normal
  • Village: Solvay-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 2000
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1762
  • Directions To Property: Off Cogswell
  • Sq Ft Total Pub: 1762
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1762

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.0459

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Solvay

Lot Info

  • Parcel Number: 313201-005-000-0008-006-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4068

MLS Schools

  • School District Name: Solvay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 11, 2023
Sold by
Gaworecki Martin A
Bought by
Akz Group Llc
Seller's Agent
Dante Belmonte
Hunt Real Estate ERA
Buyer's Agent
Lee Baldwin
Acropolis Realty Group LLC
List Price
$159,900
Sold Price
$180,000
Premium/Discount to List
$20,100
12.57%
Views
234
Current Estimated Value
$184,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,474
Avg. Annual Appreciation
1.19%

Purchase Details

Closed on
Oct 12, 2007
Sold by
Tangredi Francis
Bought by
Gaworecki Martin

Purchase Details

Closed on
Feb 14, 2005
Sold by
Tangredi Mario
Bought by
Tangretti Francis
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
Akz Group Llc $180,000 None Available
Gaworecki Martin $55,850 --
Tangretti Francis -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $180,000 +12.6% $102 / Sq Ft
08/04/2023 08/04/23 For Sale $159,900 -- $91 / 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 $3,422 $58,800 $7,000 $51,800
2023 $4,127 $58,800 $7,000 $51,800
2022 $4,073 $58,800 $7,000 $51,800
2021 $4,032 $58,800 $7,000 $51,800
2020 $3,134 $58,800 $7,000 $51,800
2019 -- $58,800 $7,000 $51,800
2018 $3,038 $58,800 $7,000 $51,800
2017 $2,774 $58,800 $7,000 $51,800
2016 $2,979 $58,800 $7,000 $51,800
2015 -- $58,800 $7,000 $51,800
2014 -- $58,800 $7,000 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1489107

Central New York Information Services

APN: 313201-005-000-0008-006-000-0000