NOT LISTED FOR SALE

523 Richmond Ave Unit 25 Syracuse, NY 13204

Park Ave Neighborhood

Estimated Value: $74,000 - $141,000

8 Beds
2 Baths
2,772 Sq Ft
$36/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $70,000 $25 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $641/month

132 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 3-minute walk to Frazer Park
  • Full Attic

About This Home

As of December 2023

What a great opportunity to add this turn key cash cow to your portfolio. Enormous units, separate utilities, fully occupied with paying tenants! Call your favorite realtor to snatch this one up before it's too late!

Last Agent to Sell the Property

Mike Hemmer

Listing by InFisium Properties LLC License #10491208620 Listed on: 06/22/2023

Last Buyer's Agent

Mike Hemmer

Listing by InFisium Properties LLC License #10491208620 Listed on: 06/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 132 x 33

Parking

  • 2 Car Garage

Interior Spaces

  • 2,772 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance
  • Tax Lot 14
  • Assessor Parcel Number 311500-109-000-0007-014-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,617

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 50000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 33
  • Lot Information: Neighborhood Street
  • Lot Number: 14
  • Nearest Cross Street: geddes
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 700000.00
  • Ratio Close Price By Sq Ft: 25.25
  • Ratio List Price By Acres: 739000.00
  • Ratio List Price By Sq Ft: 26.66
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance
  • School Tax: 845
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4356
  • Age of Building: 113
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2772
  • Directions To Property: geddes to richmond
  • Sq Ft Total Pub: 2772
  • Unit: 25
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 8
  • Total Sq Ft: 2772

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1000

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-109-000-0007-014-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2617

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Nov 27, 2023
Sold by
Monterey Proeprties Llc
Bought by
Shin Jeong H
Seller's Agent
Mike Hemmer
InFisium Properties LLC
Buyer's Agent
Mike Hemmer
InFisium Properties LLC
List Price
$73,900
Sold Price
$70,000
Premium/Discount to List
-$3,900
-5.28%
Views
182
Current Estimated Value
$98,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,863
Avg. Annual Appreciation
22.52%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Gut Anna
Bought by
Curyto Thomas B

Purchase Details

Closed on
Nov 11, 1998
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
Shin Jeong H $70,000 None Available
Curyto Thomas B $67,300 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $70,000 -5.3% $25 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $73,900 0.0% $27 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $73,900 +105.3% $27 / Sq Ft
01/17/2019 01/17/19 Sold $36,000 -9.8% $13 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $39,900 -- $14 / 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 -- $50,000 $6,900 $43,100
2023 $1,231 $50,000 $6,900 $43,100
2022 $1,204 $50,000 $6,900 $43,100
2021 $1,204 $45,000 $6,900 $38,100
2020 $1,232 $45,000 $6,900 $38,100
2019 $2,552 $45,000 $6,900 $38,100
2018 $1,223 $45,000 $6,900 $38,100
2017 $1,297 $55,500 $6,900 $48,600
2016 $1,314 $55,500 $6,900 $48,600
2015 -- $55,500 $6,900 $48,600
2014 -- $55,500 $6,900 $48,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mike Hemmer

    InFisium Properties LLC

    (585) 820-5054

    5 in this area

    91 Total Sales

    Mike Hemmer
    Section Image
  • Frank Procopio

    Seller's Agent in 2019

    Frank Procopio

    Hunt Real Estate

    (315) 928-5394

    5 in this area

    126 Total Sales

    Frank Procopio
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1479717

Central New York Information Services

APN: 311500-109-000-0007-014-000-0000

New York Onondaga County Syracuse 13204 Park Ave

523 Richmond Ave Unit 25, Syracuse, NY

This home is located at 523 Richmond Ave Unit 25, Syracuse, NY 13204 since 22 June 2023 and is currently estimated at $98,863, approximately $35 per square foot. This property was built in 1910. 523 Richmond Ave Unit 25 is a home located in Onondaga County with nearby schools including Frazer School, Syracuse Academy of Science Charter School, and All Saints Ele Of Tipperary Hill.

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