NOT LISTED FOR SALE

566 Kinne St East Syracuse, NY 13057

Estimated Value: $197,872

3 Beds
2 Baths
2,602 Sq Ft
$76/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $110,000 $42 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,276/month

155 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Forced Air Heating System
  • East Syracuse Minoa Central High School Rated A-
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of January 2024

Are you able to bring sweat equity to an investment property? Do you have the vision and ability to take an investment property and extract the underlying value in it? If so please consider 566 Kinne Street, East Syracuse, NY. The first unit is owner occupied and it is a large unit. It is currently configured to be a one bedroom unit but it can easily be reconstructed into a 2 bedroom unit. The second unit is occupied by a tenant paying $950 per month. He is current and would like to stay. It needs a roof and some interior repairs and upgrades but the bones are there. No matter what type of real estate you're buying location matters and this building has it. Call your Realtor today and take a tour. Please give 24 hour notice for showings.

Last Agent to Sell the Property

Thomas Tarry

Listing by Move Real Estate License #10491210949 Listed on: 07/21/2023

Co-Listed By

Jodi Tarry

Listing by Move Real Estate License #10401282542

Last Buyer's Agent

Jodi Tarry

Listing by Move Real Estate License #10401282542

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 156x124
  • Corner Lot
  • Rectangular Lot
  • Private Yard

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,602 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes water
  • Tax Lot 2
  • Assessor Parcel Number 312689-040-000-0003-002-001-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1900
  • Lot Features: Corner Lot, Rectangular, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Co List Office Mls Id: TMG01
  • Co List Office Phone: 315-430-4894
  • Directions: take Kinne Street to the corner of Ball and Kinne, home will be on your left.
  • Flooring: Laminate, Varies
  • Interior Features: Window Treatments
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.45
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Private Yard, See Remarks

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: East Syracuse-Minoa

Lot Info

  • Parcel Number: 312689-040-000-0003-002-001-0000
  • Lot Dimensions: 156X124
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6932.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Jan 12, 2024
Sold by
Elefante Nicholas and Elefante Roxanne
Bought by
6401 East Taft Road Llc
Seller's Agent
Thomas Tarry
Move Real Estate
Buyer's Agent
Jodi Tarry
Move Real Estate
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%
Total Days on Market
155
Views
136
Current Estimated Value
$197,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,872
Avg. Annual Appreciation
45.30%
Original Mortgage
$110,000
Outstanding Balance
$108,649
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$92,103

Purchase Details

Closed on
Apr 20, 2006
Sold by
Elefante Roxanne
Bought by
Elefante Nicholas

Purchase Details

Closed on
Jan 13, 2005
Sold by
Elefante Roxanne F
Bought by
Graves Kristi J
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
6401 East Taft Road Llc $110,000 None Available
Elefante Nicholas -- --
Graves Kristi J -- Richard G Reilly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6401 East Taft Road Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $110,000 -21.4% $42 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $139,900 0.0% $54 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $139,900 -- $54 / 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 $6,321 $200,700 $25,000 $175,700
2023 $6,561 $179,200 $25,000 $154,200
2022 $6,120 $162,900 $25,000 $137,900
2021 $5,214 $116,100 $25,000 $91,100
2020 $3,290 $84,900 $25,000 $59,900
2019 $1,975 $80,900 $25,000 $55,900
2018 $3,301 $80,900 $25,000 $55,900
2017 $1,961 $80,900 $25,000 $55,900
2016 $3,208 $80,900 $25,000 $55,900
2015 -- $77,000 $25,000 $52,000
2014 -- $77,000 $25,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1486176

Central New York Information Services

APN: 312689-040-000-0003-002-001-0000