NOT LISTED FOR SALE

Estimated Value: $115,000 - $151,821

4 Beds
2 Baths
1,618 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $95,000 $59 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $797/month

204 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Property is near bus stop
  • Private Yard
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of June 2023

This is part of an 11-unit package deal; total list price of $465,000. Package consists of 5 two-family and one single family properties all units are fully rented. Both the furnaces & hot water heaters are less than 5 years. The kitchens & bathrooms have recently been updated and are in good condition. Both units have 2-bedrooms with tenants paying their own utilities. This is more than 15% cash on cash return. The other properties included in this package are 2-family units at; 2409 Lodi St s1383975, 2018 Lodi St s1383969, 2422 Lodi St s1383963, 605 Carbon St s1383979, & a SINGLE family at 109 Cummings Ave s1383966.

Last Agent to Sell the Property

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 01/24/2022

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 01/24/2022

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 1900

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Partially Fenced Property
  • Private Yard

Home Design

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

Interior Spaces

  • 1,618 Sq Ft Home
  • 2-Story Property
  • Full Attic

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Driveway
  • On-Street Parking

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, water
  • Tax Lot 7
  • Assessor Parcel Number 311500-007-000-0028-007-000-0000
  • $24 special tax assessment

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,400
  • Gross Income $21,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,179

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1400
  • Annual Special Assessment: 24
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 64000
  • Foundation Description: Block
  • Gross Annual Income: 21060
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 7
  • Nearest Cross Street: Spring St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1034858.39
  • Ratio Close Price By Sq Ft: 58.71
  • Ratio List Price By Acres: 980392.16
  • Ratio List Price By Sq Ft: 55.62
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Refuse Removal, Water
  • Roof Description: Shingles
  • School Tax: 1098
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4000
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1618
  • Directions To Property: Kirkpatrick St between Spring St & Carbon St
  • Sq Ft Total Pub: 1618
  • Attribution Contact: 315-446-2910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Pex Plumbing- Some
  • Attic Description: Crawl Space, Full
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Ceramic-Some, Laminate-Some, Tile-Some, Vinyl-Some
  • Total Sq Ft: 1618

Exterior Features

  • Construction: Frame, Vinyl
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard, Private Yard - see Remarks
  • Number of Acres: 0.0918

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway, Street

Utilities

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

Lot Info

  • Parcel Number: 311500-007-000-0028-007-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3179

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
May 30, 2023
Sold by
Two Kings Properties Llc
Bought by
Sovereign Empire
Seller's Agent
Susan Li
Coldwell Banker Prime Prop,Inc
Buyer's Agent
Susan Li
Coldwell Banker Prime Prop,Inc
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Current Estimated Value
$130,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,705
Avg. Annual Appreciation
13.16%

Purchase Details

Listed on
Apr 19, 2012
Closed on
Feb 20, 2014
Sold by
Voudouris Athan
Bought by
Malinowski Matthew
Seller's Agent
Artemis A. Voudouris
Howard Hanna Real Estate
Buyer's Agent
Fredric Brough
Rooftop Realty Group LLC
List Price
$72,900
Sold Price
$57,240
Premium/Discount to List
-$15,660
-21.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$56,202
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2007
Sold by
612 Kirkpatrick Land Trst
Bought by
Voudouris Athan T

Purchase Details

Closed on
Apr 12, 2004
Sold by
Voudouris Athan
Bought by
612 Kirkpatrick Land Trst

Purchase Details

Closed on
Jun 13, 1998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sovereign Empire $95,000 None Available
Malinowski Matthew $54,000 Scott F. Bodah
Voudouris Athan T -- --
612 Kirkpatrick Land Trst -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malinowski Matthew $56,202
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2023 06/07/23 Sold $95,000 +5.6% $59 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $90,000 -18.2% $56 / Sq Ft
04/27/2022 04/27/22 Price Changed $110,000 -8.3% $68 / Sq Ft
01/24/2022 01/24/22 For Sale $120,000 +109.6% $74 / Sq Ft
02/20/2014 02/20/14 Sold $57,240 -21.5% $35 / Sq Ft View Prior Sale
11/23/2013 11/23/13 Pending -- -- --
04/19/2012 04/19/12 For Sale $72,900 -- $45 / 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 $1,370 $64,000 $8,000 $56,000
2023 $1,386 $64,000 $8,000 $56,000
2022 $1,416 $64,000 $8,000 $56,000
2021 $1,416 $64,000 $8,000 $56,000
2020 $1,464 $64,000 $8,000 $56,000
2019 $1,459 $64,000 $8,000 $56,000
2018 $1,459 $64,000 $8,000 $56,000
2017 $1,327 $64,000 $8,000 $56,000
2016 $1,345 $58,000 $8,000 $50,000
2015 -- $58,000 $8,000 $50,000
2014 -- $58,000 $8,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1383982

Central New York Information Services

APN: 311500-007-000-0028-007-000-0000