$92,000
SOLD DEC 23, 2020
-- Bed
-- Bath
1,596 Sq Ft
9,052 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

3% Below List Price

56 Days on Market

About This Home

As of October 2024

Solid 2-family rental property located in Syracuse's Lincoln Hill neighborhood. Each apartment is rented to long term tenants for $924 (upstairs) and $750 (downstairs), with tenants paying their own utilities. Property comes equipped with off-street parking, vinyl siding, vinyl replacement windows, and architectural shingle roof. Fantastic opportunity to add steady cashflow to your real estate portfolio. Take a virtual tour here: https://youtu.be/zauFbTQVugk.

Last Agent to Sell the Property

Christopher Newman

Listing by Acropolis Realty Group LLC License #10301218603 Listed on: 08/25/2020

Acropolis Realty Group LLC

Last Buyer's Agent

Christopher Newman

Listing by Acropolis Realty Group LLC License #10301218603 Listed on: 08/25/2020

Acropolis Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1920

Lot Details

  • 9,052 Sq Ft Lot
  • Lot Dimensions are 195 x 46

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, water
  • Tax Lot 7
  • Assessor Parcel Number 311500-029-000-0006-007-000-0000

Community Details

Overview

  • 2 Units
  • Lincoln Hill Community
  • Lincoln Hill Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,045

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 60000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 195
  • Lot Dimension Front: 46
  • Lot Information: Neighborhood Street
  • Lot Number: 7
  • Nearest Cross Street: Robinson St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 442733.40
  • Ratio Close Price By Sq Ft: 57.64
  • Ratio List Price By Acres: 456689.12
  • Ratio List Price By Sq Ft: 59.46
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 1029
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9052
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1596
  • Directions To Property: Winton St
  • Sq Ft Total Pub: 1596
  • Subdivision Comm Complex: Lincoln Hill
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Pex Plumbing- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1596

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2078

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage

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: 311500-029-000-0006-007-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3045

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Oct 11, 2024
Sold by
Sheth Ayesha and Shah Shweta
Bought by
Adams Neil and Adams Melissa
Seller's Agent
Ploysong Chapman
eXp Realty
Buyer's Agent
Christopher VanAtter
The O'Hara Group
List Price
$142,000
Sold Price
$137,500
Premium/Discount to List
-$4,500
-3.17%
Views
226
Current Estimated Value
$136,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$679
Avg. Annual Appreciation
-0.70%
Original Mortgage
$130,625
Outstanding Balance
$129,886
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,935

Purchase Details

Listed on
Sep 27, 2017
Closed on
Apr 26, 2018
Sold by
Prosser Megan
Bought by
Rosell Karl R
Seller's Agent
Glenn Riemenschneider
eXp Realty
Buyer's Agent
Christopher Newman
Acropolis Realty Group LLC
List Price
$90,000
Sold Price
$77,000
Premium/Discount to List
-$13,000
-14.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$57,750
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 1, 2014
Closed on
Sep 3, 2014
Sold by
Smith Richard
Bought by
Prosser Megan
Seller's Agent
Michael Tucci’s Mr. Sold Team
MyTown Realty LLC
Buyer's Agent
Melissa Pandori
Coldwell Banker Prime Properti
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$58,913
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2006
Sold by
Rimando Ralph L
Bought by
Smith Richard F and Smith Julianne

Purchase Details

Closed on
Nov 28, 1995
Sold by
Estate Of Marticello Phyllis
Bought by
Ralph Rimando
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $137,500 None Available
Deed $77,000 --
Deed $77,000 --
Deed $77,000 --
Deed $56,400 Rhonda T. Akl
Deed $56,400 Rhonda T. Akl
Deed $67,000 J David Damico
Deed $67,000 J David Damico
Deed $53,500 --
Deed $53,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,625 Purchase Money Mortgage
Previous Owner $57,750 Purchase Money Mortgage
Previous Owner $58,913 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $137,500 -3.2% $86 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $142,000 +54.3% $89 / Sq Ft
12/23/2020 12/23/20 Sold $92,000 -3.1% $58 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $94,900 +23.2% $59 / Sq Ft
05/01/2018 05/01/18 Sold $77,000 -14.4% $48 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $90,000 0.0% $56 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $90,000 +50.0% $56 / Sq Ft
09/05/2014 09/05/14 Sold $60,000 -14.2% $38 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $69,900 -- $44 / 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 -- $66,000 $13,800 $52,200
2023 $1,409 $66,000 $13,800 $52,200
2022 $1,371 $60,000 $13,800 $46,200
2021 $1,371 $60,000 $13,800 $46,200
2020 $1,415 $60,000 $13,800 $46,200
2019 $2,819 $60,000 $13,800 $46,200
2018 $1,409 $60,000 $13,800 $46,200
2017 $1,351 $60,000 $13,800 $46,200
2016 $1,370 $60,000 $13,800 $46,200
2015 -- $60,000 $13,800 $46,200
2014 -- $60,000 $13,800 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1289252

Central New York Information Services

APN: 311500-029-000-0006-007-000-0000