NOT LISTED FOR SALE

Estimated Value: $182,000 - $262,000

4 Beds
3 Baths
2,659 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 03, 2012

Last sale price $44,000 $17 Per Sq Ft

Est. 416% increase in value since last sale

Current estimated payment $1,312/month

149 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Forced Air Cooling System
  • Finished Attic
  • 2 Fireplaces
  • Property is near bus stop

About This Home

As of February 2012

Wonderful opportunity for investors or owner occupied in this home with old world charm. Loads of potential in this 2 family with 2 bedrooms in the 1st unit and 4 bedrooms and 2 full baths in the 2nd. Both spacious units have hardwood floors, formal dining room and wood burning fireplace. House is owner occupied, no current rent/expenses to disclose. Located across from Onondaga Park. Typical rents for similar units in the area average around $700 for a 2 bedroom. 2 stall garage for extra rent potential. Electric baseboard heat in finished attic area only. Priced well below assessed value.

Last Agent to Sell the Property

Cynthia Nagle

Listing by Howard Hanna Real Estate License #40NA1156208 Listed on: 05/02/2011

Howard Hanna Real Estate

Last Buyer's Agent

Larry Echols

Listing by RE/MAX Masters License #10301210698

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 123 x 56

Home Design

  • Duplex

Interior Spaces

  • 2,659 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range Hood
  • Freezer

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Attic

  • Full Attic
  • Finished Attic

Parking

  • 2 Car Garage
  • Driveway

Location

  • Property is near bus stop

Schools

  • Bellevue Elementary School
  • Corcoran High School

Utilities

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

Listing and Financial Details

  • Short Sale
  • Rent includes water
  • Assessor Parcel Number 311500-082-000-0004-031-000-0000

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 1920

Lot Details

0

Listing Details

  • Age: 91
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 80000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 123
  • Lot Dimension Front: 56
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 275312.5000
  • List Price per Sq Ft: 16.5663
  • Nearest Cross Street: Colvin
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 275000.00
  • Ratio Close Price By Sq Ft: 16.55
  • Ratio List Price By Acres: 275312.50
  • Ratio List Price By Sq Ft: 16.57
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Water
  • School Tax: 2231
  • Sale Price List Price: 0.9988
  • S P Per Acre: 275000.0000
  • S P Per Sq Ft: 16.5475
  • Sub Board Code: Syracuse
  • Type of Residence: Duplex, Rehab Needed
  • Type of Sale: Short Sale
  • Value Range Search Low Price: 44050.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Corner of W. Colvin and Summit
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Laundry- Separate Hook ups- Some
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Freezer, Oven/Range Gas-Some, Range Hood-Exhaust Fan, Washer
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Number of Rooms: 12
  • Total Sq Ft: 2659

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1600

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

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

Lot Info

  • Parcel Number: 311500-082-000-0004-031-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied
  • Type of Tenancy: Owner Occupied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3726

MLS Schools

  • Elementary School Name: Bellevue Elementary
  • High School Name: Corcoran High
  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Edb Rentals Llc
Bought by
511-513 Summit Avenue Llc
Current Estimated Value
$227,205

Purchase Details

Listed on
May 2, 2011
Closed on
Jan 31, 2012
Sold by
Roberts Eugene
Bought by
Bates Elisa
Seller's Agent
Cynthia Nagle
Howard Hanna Real Estate
Buyer's Agent
Larry Echols
RE/MAX Masters
List Price
$64,900
Sold Price
$44,000
Premium/Discount to List
-$20,900
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Apr 27, 2006
Sold by
Roberts Eugene G
Bought by
Roberts Eugene G and Roberts Robin

Purchase Details

Closed on
Jun 26, 2001
Sold by
Keser Sarah E and Keser Maureen K
Bought by
Roberts Eugene G

Purchase Details

Closed on
Dec 23, 1997
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
511-513 Summit Avenue Llc $230,000 None Available
Bates Elisa $44,000 --
Bates Elisa $44,000 --
Roberts Eugene G -- --
Roberts Eugene G -- --
Roberts Eugene G $72,500 Jeffery B Davis
Roberts Eugene G $72,500 Jeffery B Davis
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2012 02/03/12 Sold $44,000 -32.2% $17 / Sq Ft
09/28/2011 09/28/11 Pending -- -- --
05/02/2011 05/02/11 For Sale $64,900 -- $24 / 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 $1,455 $72,000 $15,600 $56,400
2023 $1,475 $72,000 $15,600 $56,400
2022 $1,504 $72,000 $15,600 $56,400
2021 $1,504 $72,000 $15,600 $56,400
2020 $1,563 $72,000 $15,600 $56,400
2019 $1,558 $72,000 $15,600 $56,400
2018 $1,558 $72,000 $15,600 $56,400
2017 $1,497 $72,000 $15,600 $56,400
2016 $1,519 $72,000 $15,600 $56,400
2015 -- $72,000 $15,600 $56,400
2014 -- $80,000 $15,600 $64,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S252036

Central New York Information Services

APN: 311500-082-000-0004-031-000-0000