NOT LISTED FOR SALE

505 N Mcbride St Syracuse, NY 13203

Northside Neighborhood

Estimated Value: $147,000 - $179,723

6 Beds
2 Baths
2,328 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $115,000 $49 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $991/month

5 Days on Market

Highlights

  • Forced Air Cooling System
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Property is near a bus stop

About This Home

As of May 2022

Welcome to 505 N McBride St! This 2-Family home is in an excellent location, just 1 block from Syracuse’s 2nd largest employer St Joe’s Hospital and walking distance to Little Italy shopping and dining. This is your chance to invest in an area undergoing significant revitalization, with many new builds and renovation projects nearby, and capitalize on high rent demand. The spacious 3-bedroom apartments require renovation but offer beautiful views of downtown Syracuse and will command premium rental rates. This property comes with some recent major improvements such as all new electrical service - new service entrance cable, new meters, and new circuit breaker panels for both apartments! Pre-listing inspection report is available upon request, property is being sold “as is.” Watch the virtual tour here: https://youtu.be/lotizAQ88rg.

Last Agent to Sell the Property

Christopher Newman

Listing by Acropolis Realty Group LLC License #10301218603 Listed on: 04/01/2022

Acropolis Realty Group LLC

Last Buyer's Agent

Stephen Skinner

Listing by Skinner & Assoc. Realty LLC License #10491205007

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1910

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 99 x 40
  • Partially Fenced Property

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 10
  • Assessor Parcel Number 311500-017-000-0017-010-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 57800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 99
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: E Willow St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1265126.51
  • Ratio Close Price By Sq Ft: 49.40
  • Ratio List Price By Acres: 1209020.90
  • Ratio List Price By Sq Ft: 47.21
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • Roof Description: Asphalt, Shingles
  • School Tax: 991
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3960
  • Age of Building: 112
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2328
  • Directions To Property: N McBride
  • Sq Ft Total Pub: 2328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2328

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.0909

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-017-000-0017-010-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2917

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 19, 2022
Sold by
Ouano Katrina C and Chang Noy K
Bought by
Alison Alexander Prop Llc
Seller's Agent
Christopher Newman
Acropolis Realty Group LLC
Buyer's Agent
Stephen Skinner
Skinner & Assoc. Realty LLC
List Price
$109,900
Sold Price
$115,000
Premium/Discount to List
$5,100
4.64%
Current Estimated Value
$163,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,931
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Chang Meng
Bought by
Chang Noy Katrina

Purchase Details

Closed on
Jul 27, 2009
Sold by
Chang Ming
Bought by
Chang Meng
Source: Public Records

Range of Values:

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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
Alison Alexander Prop Llc $115,000 None Available
Chang Noy Katrina -- Scott A. Lickstein
Chang Meng -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $115,000 +4.6% $49 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $109,900 -- $47 / 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 -- $71,000 $5,900 $65,100
2023 $1,464 $71,000 $5,900 $65,100
2022 $1,347 $57,800 $5,900 $51,900
2021 $1,347 $57,800 $5,900 $51,900
2020 $1,388 $57,800 $5,900 $51,900
2019 $4,011 $57,800 $5,900 $51,900
2018 $1,382 $57,800 $5,900 $51,900
2017 -- $57,800 $5,900 $51,900
2016 $1,342 $57,800 $5,900 $51,900
2015 -- $57,800 $5,900 $51,900
2014 -- $57,800 $5,900 $51,900
Source: Public Records

Agents Affiliated with this Home

  • Christopher Newman

    Seller's Agent in 2022

    Christopher Newman

    Acropolis Realty Group LLC

    (315) 412-1975

    27 in this area

    225 Total Sales

    Christopher Newman
    Section Image
  • Stephen Skinner

    Buyer's Agent in 2022

    Stephen Skinner

    Skinner & Assoc. Realty LLC

    (315) 373-6896

    17 in this area

    363 Total Sales

    Stephen Skinner
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1396487

Central New York Information Services

APN: 311500-017-000-0017-010-000-0000

New York Onondaga County Syracuse 13203 Northside

505 N Mcbride St, Syracuse, NY

This home is located at 505 N Mcbride St, Syracuse, NY 13203 since 01 April 2022 and is currently estimated at $163,931, approximately $70 per square foot. This property was built in 1910. 505 N Mcbride St is a home located in Onondaga County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Henninger High School.

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