NOT LISTED FOR SALE

563 Richmond Ave Unit 65 Syracuse, NY 13204

Park Ave Neighborhood

Estimated Value: $98,000 - $136,402

6 Beds
2 Baths
2,360 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $63,000 $27 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $737/month

10 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Partially Fenced Property
  • Full Attic
  • Property is near a bus stop
  • 5-minute walk to Frazer Park

About This Home

As of January 2022

Large duplex. 4 bedrooms each apartment. Great cash flow with upside rent potential. Parking lot off street. Upstairs apartment recently painted. Downstairs about 1 year ago.

Last Agent to Sell the Property

BOB SHAW

Listing by Robert Shaw Realty License #10351200768 Listed on: 05/28/2021

Last Buyer's Agent

BOB SHAW

Listing by Robert Shaw Realty License #10351200768 Listed on: 05/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,585

Year Built

  • Built in 1910

Lot Details

  • 2,640 Sq Ft Lot
  • Lot Dimensions are 80 x 33
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,360 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Attic

  • Full Attic
  • Unfinished Attic

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 grounds maintenance, lawn maintenance, refuse removal, water
  • Tax Lot 4
  • Assessor Parcel Number 311500-109-000-0007-004-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,585

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 44000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 80
  • Lot Dimension Front: 33
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 4
  • Nearest Cross Street: Lakeview
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1039603.96
  • Ratio Close Price By Sq Ft: 26.69
  • Ratio List Price By Acres: 973597.36
  • Ratio List Price By Sq Ft: 25.00
  • Regional Board Code: Syracuse
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, Refuse Removal, Water
  • Roof Description: Composition
  • School Tax: 1360
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2640
  • Age of Building: 112
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2360
  • Directions To Property: Geddes to Richmond
  • Sq Ft Total Pub: 2360
  • Unit: 65
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Pex Plumbing- Some
  • Attic Description: Full, Unfinished
  • Basement Description: Full, Slab
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 2360

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.0606

Garage/Parking

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

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: 311500-109-000-0007-004-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2585

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Ainsworth Shanelle L and Erskine Diamond
Bought by
563 Richmond Mgmt Llc
Current Estimated Value
$117,351

Purchase Details

Listed on
May 28, 2021
Closed on
Dec 13, 2021
Sold by
Chanda Torres Lt
Bought by
Ainsworth Shanelle L and Erskine Diamond
Seller's Agent
BOB SHAW
Robert Shaw Realty
Buyer's Agent
BOB SHAW
Robert Shaw Realty
List Price
$59,000
Sold Price
$63,000
Premium/Discount to List
$4,000
6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%

Purchase Details

Closed on
Sep 8, 2017
Sold by
Brownstone One Llc
Bought by
Trust Chanda Torres Living

Purchase Details

Closed on
Apr 21, 2015
Sold by
Brown Daniel
Bought by
Brownstone One Llc

Purchase Details

Listed on
Feb 27, 2014
Closed on
Feb 5, 2015
Sold by
Tingue France
Bought by
Brown Daniel
Seller's Agent
Douglas Isbell
Keller Williams Syracuse
Buyer's Agent
Richard Morose
Syracuse Realty Group
List Price
$90,000
Sold Price
$37,900
Premium/Discount to List
-$52,100
-57.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
May 24, 2004
Sold by
Secretary Of Housing
Bought by
Tingue France

Purchase Details

Closed on
Jan 9, 2004
Sold by
Liechti Paul
Bought by
Secretary Of Housing And
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
563 Richmond Mgmt Llc -- None Available
Ainsworth Shanelle L $63,000 None Available
Ainsworth Shanelle L $63,000 None Available
Trust Chanda Torres Living $43,000 Scott Lickstein
Trust Chanda Torres Living $43,000 Scott Lickstein
Brownstone One Llc $500 Mark Farchione
Brown Daniel $37,900 Mark Farchione
Tingue France $20,000 --
Secretary Of Housing And $59,390 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $63,000 +6.8% $27 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $59,000 +55.7% $25 / Sq Ft
02/09/2015 02/09/15 Sold $37,900 -57.9% $16 / Sq Ft
01/08/2015 01/08/15 Pending -- -- --
02/27/2014 02/27/14 For Sale $90,000 -- $38 / 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 $5,400 $44,600
2023 $1,231 $50,000 $5,400 $44,600
2022 $1,193 $50,000 $5,400 $44,600
2021 $1,193 $44,000 $5,400 $38,600
2020 $1,219 $44,000 $5,400 $38,600
2019 $2,380 $44,000 $5,400 $38,600
2018 $1,211 $44,000 $5,400 $38,600
2017 $1,157 $44,000 $5,400 $38,600
2016 $1,170 $44,000 $5,400 $38,600
2015 -- $44,000 $5,400 $38,600
2014 -- $44,000 $5,400 $38,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central New York Information Services

MLS Number: S1340170

Central New York Information Services

APN: 311500-109-000-0007-004-000-0000