NOT LISTED FOR SALE

505 Turtle St Syracuse, NY 13208

Washington Square Neighborhood

Estimated Value: $131,000 - $176,000

6 Beds
3 Baths
2,366 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2022

Last sale price $95,000 $40 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $925 / mo

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Energy-Efficient Windows

About This Home

As of September 2022

Fully rented three (3) unit multi family on Syracuse's Northside. Separate utilities, large apartments. Some cosmetics required upon turnover, otherwise well built house with block foundation & concrete basement floor. Property management in place and willing to remain. Recent CapEx improvements include two hot water tanks, vinyl windows, two furnace replacements, appliances, front steps, roof approx 15 years. Scheduled NOI approx $17k. All tenants are on month to month rental agreements.

Last Agent to Sell the Property

Christopher Snyder

Listing by CNY Broker LLC License #10491213267 Listed on: 03/30/2022

Last Buyer's Agent

Samira Jaber

Listing by The Rapid Realty Group License #10491211566

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,736

Year Built

  • Built in 1900

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 40x130

Parking

  • Paved Parking

Home Design

  • Triplex
  • Stone Foundation
  • Shake Siding

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 14
  • Assessor Parcel Number 311500-002-000-0022-014-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $3,772
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,736

Year Built

Built in 1900

Lot Details

5,200 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1900
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Turtle Street in between Spring & Carbon Streets.
  • Architectural Style: Triplex
  • Flooring: Hardwood, Resilient, Varies
  • Unit Levels: Two
  • Efficiency: Windows
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1194
  • Waterfront: No
  • Construction Type: Shake Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Paved, One Space

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-002-000-0022-014-000-0000
  • Lot Dimensions: 40X130
  • Lot Size Sq Ft: 5200.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 24600.0
  • Annual Operating Expense: 3772.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3736.0
  • Tax Lot: 14

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
Mar 30, 2022
Closed on
Sep 9, 2022
Sold by
Bought by
Seller's Agent
Christopher Snyder
CNY Broker LLC
Buyer's Agent
Samira Jaber
The Rapid Realty Group
List Price
$89,900
Sold Price
$95,000
Premium/Discount to List
$5,100
5.67%
Current Estimated Value
$145,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,257
Avg. Annual Appreciation
11.89%
Original Mortgage
$65,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$95,000 None Available
-- --
$57,800 --
-- --
-- --
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
Previous Owner $65,000
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
09/09/2022 09/09/22 Sold $95,000 +5.7% $40 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $89,900 -- $38 / 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 $1,704 $68,000 $9,100 $58,900
2024 $1,755 $68,000 $9,100 $58,900
2023 $1,768 $68,000 $9,100 $58,900
2022 $1,812 $68,000 $9,100 $58,900
2021 $1,812 $68,000 $9,100 $58,900
2020 $1,780 $68,000 $9,100 $58,900
2019 $1,767 $62,000 $9,100 $52,900
2018 $1,767 $62,000 $9,100 $52,900
2017 $1,687 $62,000 $9,100 $52,900
2016 $1,706 $62,000 $9,100 $52,900
2015 -- $62,000 $9,100 $52,900
2014 -- $62,000 $9,100 $52,900
Source: Public Records

Agents Affiliated with this Home

  • Christopher Snyder

    Seller's Agent in 2022

    Christopher Snyder

    CNY Broker LLC

    (315) 558-2277

    1 in this area

    22 Total Sales

    Christopher Snyder
    Section Image

  • S

    Buyer's Agent in 2022

    Samira Jaber

    The Rapid Realty Group

    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1396266

Central New York Information Services

APN: 311500-002-000-0022-014-000-0000

New York Onondaga County Syracuse 13208 Washington Square

505 Turtle St, Syracuse, NY

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