NOT LISTED FOR SALE

508 Milton Ave Unit 10 Syracuse, NY 13204

Tipp Hill Neighborhood

Estimated Value: $169,000 - $262,000

6 Beds
2 Baths
2,666 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $60,000 $23 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $1,325/month

12 Days on Market

Highlights

  • Wood Flooring
  • 4 Fireplaces
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • 4-minute walk to Lewis Park

About This Home

As of December 2015

Side by side duplex in Tipp Hill neighborhood with lots of space. Charm and character waiting to be highlighted by ambitious owner occupant or investor; fully rented and livable, just needs finishing touches to maximize the home it could be.

Last Agent to Sell the Property

RONALD G. GUSTAFSON

Listing by Keyway Real Estate License #37GU0995521 Listed on: 09/19/2015

Last Buyer's Agent

Pei Lin Huang

Listing by Dropped Members License #30HU0661857

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 55 x 42
  • Rectangular Lot

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,666 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Linoleum
  • Tile

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • No Garage
  • No Driveway

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, water
  • Assessor Parcel Number 311500-111-000-0013-023-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Age: 110
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 75000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 55
  • Lot Dimension Front: 42
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 1200000.0000
  • List Price per Sq Ft: 22.5056
  • Nearest Cross Street: W. Genesee St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1200000.00
  • Ratio Close Price By Sq Ft: 22.51
  • Ratio List Price By Acres: 1200000.00
  • Ratio List Price By Sq Ft: 22.51
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Lawn Maintenance, Water
  • School Tax: 1302
  • Sale Price List Price: 1.0000
  • S P Per Acre: 1200000.0000
  • S P Per Sq Ft: 22.5100
  • Sub Board Code: Syracuse
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 60000.00
  • Year Built Description: Existing
  • Age of Building: 117
  • Year Built: 1905
  • Directions To Property: W. Genesee St. to Milton Ave. Turn up the hill towards Tipperary Hill, subject property on right (east) side of Milton Ave.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Attic Description: Full, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Tile-Some, Wood-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Fireplaces Total Calculated: 4
  • Number of Fireplaces Woodburning: 4
  • Number of Rooms: 12
  • Total Sq Ft: 2666

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0500

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway, Off Premises

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Gravity
  • 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: 311500-111-000-0013-023-000-0000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3570

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2015
Closed on
Dec 21, 2015
Sold by
Chase Frederick
Bought by
Odonnell Joseph
Seller's Agent
RONALD G. GUSTAFSON
Keyway Real Estate
Buyer's Agent
Pei Lin Huang
Dropped Members
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$215,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,303
Avg. Annual Appreciation
13.24%
Original Mortgage
$45,000
Outstanding Balance
$35,365
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,597
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
Odonnell Joseph $60,000 William Baskin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odonnell Joseph $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $60,000 0.0% $23 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/19/2015 09/19/15 For Sale $60,000 -- $23 / 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 -- $98,000 $8,200 $89,800
2023 $1,764 $98,000 $8,200 $89,800
2022 $1,538 $75,000 $8,200 $66,800
2021 $1,538 $75,000 $8,200 $66,800
2020 $1,599 $75,000 $8,200 $66,800
2019 $3,603 $75,000 $8,200 $66,800
2018 $1,596 $75,000 $8,200 $66,800
2017 $1,534 $75,000 $8,200 $66,800
2016 $1,556 $75,000 $8,200 $66,800
2015 -- $75,000 $8,200 $66,800
2014 -- $75,000 $8,200 $66,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S341597

Central New York Information Services

APN: 311500-111-000-0013-023-000-0000