NOT LISTED FOR SALE

531 Westmoreland Ave Unit 33 Syracuse, NY 13210

Westcott Neighborhood

Estimated Value: $189,000 - $300,000

6 Beds
4 Baths
3,299 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $150,000 $45 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,552/month

128 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • Wood Burning Fireplace

About This Home

As of May 2017

UNIVERSITY DUPLEX. RENTED at 2400/ mo. Ready for a new owner! Two Large Three-Bedroom Flats at a great price. B lacktop driveway, two car garage, two sets of washer/ dryers in building, screened porches. If you are looking to get into the landlord business, or if you are looking to add to your portfolio - this is the one!

Last Agent to Sell the Property

Dan Murphy

Listing by University Hill Realty Ltd License #10301206321 Listed on: 11/16/2016

Last Buyer's Agent

Cindy Clark

Listing by RE/MAX Masters License #40CL0815193

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 132 x 39

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 3,299 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Electric Cooktop

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, no utilities
  • Assessor Parcel Number 311500-037-000-0018-039-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $7,784
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,092

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Annual Operating Expenses: 7784
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 63000
  • Foundation Description: Block
  • Gross Annual Income: 28800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 39
  • Lot Information: Near Bus Line, Neighborhood Street
  • Nearest Cross Street: Harvard Place
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1250000.00
  • Ratio Close Price By Sq Ft: 45.47
  • Ratio List Price By Acres: 1332500.00
  • Ratio List Price By Sq Ft: 48.47
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, No Utilities
  • School Tax: 1093
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5227
  • Age of Building: 94
  • Year Built: 1928
  • Directions To Property: Driving East on E Genesee, turn Right onto Westomoreland. Property will be on your left.
  • Unit: 33
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some, Tile-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dryer, In All Apartments, Oven/Range Electric-Some, Oven/Range Freestanding- Some, Refrigerator, Washer
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Total Sq Ft: 3299

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1200

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • 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: 311500-037-000-0018-039-000-0000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Leased

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3092

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
May 25, 2017
Sold by
Raf Holdings Llc
Bought by
Zborovskiy Konstantin
Seller's Agent
Dan Murphy
University Hill Realty Ltd
Buyer's Agent
Cindy Clark
RE/MAX Masters
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Current Estimated Value
$259,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,403
Avg. Annual Appreciation
6.70%
Original Mortgage
$112,500
Outstanding Balance
$93,826
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,151

Purchase Details

Closed on
May 28, 2013
Sold by
Raf Enterprises Llc
Bought by
Raf Holdings Llc

Purchase Details

Closed on
Jul 27, 2011
Sold by
Harper William E
Bought by
Raf Enterprises Llc

Purchase Details

Closed on
Dec 2, 2002
Sold by
Bass Pearlin Lee
Bought by
Harper William E
Source: Public Records

Range of Values:

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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
Zborovskiy Konstantin $150,000 Victor Hershdorfer
Raf Holdings Llc -- --
Raf Enterprises Llc $90,500 John Dilauro
Harper William E $70,400 Edwina Schleider
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zborovskiy Konstantin $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $150,000 -6.2% $45 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/09/2017 03/09/17 Price Changed $159,900 0.0% $48 / Sq Ft
03/09/2017 03/09/17 Rented $995 0.0% --
12/23/2016 12/23/16 Price Changed $160,000 -1.5% $48 / Sq Ft
12/05/2016 12/05/16 Price Changed $162,500 -1.5% $49 / Sq Ft
11/16/2016 11/16/16 For Sale $165,000 0.0% $50 / Sq Ft
11/16/2016 11/16/16 For Rent $995 -- --
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 -- $100,000 $9,200 $90,800
2023 $1,787 $100,000 $9,200 $90,800
2022 $1,571 $88,000 $9,200 $78,800
2021 $1,571 $78,000 $9,200 $68,800
2020 $1,636 $78,000 $9,200 $68,800
2019 $3,130 $78,000 $9,200 $68,800
2018 $1,447 $63,000 $9,200 $53,800
2017 $1,388 $63,000 $9,200 $53,800
2016 $1,407 $63,000 $9,200 $53,800
2015 -- $63,000 $9,200 $53,800
2014 -- $63,000 $9,200 $53,800
Source: Public Records

Agents Affiliated with this Home

  • Dan Murphy

    Seller's Agent in 2017

    Dan Murphy

    University Hill Realty Ltd

    (315) 460-0024

    5 in this area

    43 Total Sales

    Dan Murphy
    Section Image
  • Cindy Clark

    Buyer's Agent in 2017

    Cindy Clark

    RE/MAX

    1 in this area

    40 Total Sales

    Cindy Clark
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1013852

Central New York Information Services

APN: 311500-037-000-0018-039-000-0000

New York Onondaga County Syracuse 13210 Westcott

531 Westmoreland Ave Unit 33, Syracuse, NY

This home is located at 531 Westmoreland Ave Unit 33, Syracuse, NY 13210 since 16 November 2016 and is currently estimated at $259,403, approximately $78 per square foot. This property was built in 1928. 531 Westmoreland Ave Unit 33 is a home located in Onondaga County with nearby schools including Edward Smith School PTO, Nottingham High School, and Montessori School Of Syracuse.

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