NOT LISTED FOR SALE

615 Summit Ave Unit 17 Syracuse, NY 13207

Southside Neighborhood

Estimated Value: $168,158 - $189,000

4 Beds
3 Baths
2,016 Sq Ft
$89/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $41,000 $20 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $1,055/month

5 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • Ceiling Fan

About This Home

As of December 2017

Diamond in a rough, this 2-family in the Strathmore area has two bedrooms and one full bath each unit. It has new roof, two new furnaces, two new hot water heaters. Electrical breakers are updated. House does need some TLC but it has a lot of potential. It can be rented for $550-$700 a month per unit. It can be over 15% cash to cash return once you have it rented. Do a little work will save you a lot of money. Closed to zoo, Onondaga Park, stores & downtown. Motivated seller, make an offer.

Last Agent to Sell the Property

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 11/02/2017

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Joseph C. Scordo

Listing by Howard Hanna Real Estate License #40SC1149248

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,647 Sq Ft Lot
  • Lot Dimensions are 103 x 45

Parking

  • Stone Driveway

Home Design

  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes water
  • Tax Lot 32
  • Assessor Parcel Number 311500-079-000-0008-032-000-0000
  • $28 special tax assessment

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,200
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1200
  • Annual Special Assessment: 28
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 58400
  • Foundation Description: Stone
  • Gross Annual Income: 14400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 103
  • Lot Dimension Front: 45
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 32
  • Nearest Cross Street: W Colvin St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 384254.92
  • Ratio Close Price By Sq Ft: 20.34
  • Ratio List Price By Acres: 440487.35
  • Ratio List Price By Sq Ft: 23.31
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 1013
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4647
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: From S Geddes St to Twin Hill Dr. merge onto W. Colvin St. to Summit Ave.
  • Unit: 17
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some
  • Total Sq Ft: 2016

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Balcony, Cable TV Available
  • Number of Acres: 0.1067

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

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: 311500-079-000-0008-032-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2932

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2002
Sold by
Williams James M
Bought by
Jennings Helen
Current Estimated Value
$170,506
Source: Public Records

Range of Values:

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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
Jennings Helen $35,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $41,000 -12.8% $20 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $47,000 -- $23 / 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 -- $70,000 $7,800 $62,200
2023 $1,453 $70,000 $7,800 $62,200
2022 $1,482 $70,000 $7,800 $62,200
2021 $1,482 $70,000 $7,800 $62,200
2020 $1,396 $70,000 $7,800 $62,200
2019 $2,953 $58,400 $7,800 $50,600
2018 $1,390 $58,400 $7,800 $50,600
2017 $1,332 $58,400 $7,800 $50,600
2016 $1,350 $58,400 $7,800 $50,600
2015 -- $58,400 $7,800 $50,600
2014 -- $58,400 $7,800 $50,600
Source: Public Records

Agents Affiliated with this Home

  • Susan Li

    Seller's Agent in 2017

    Susan Li

    Coldwell Banker Prime Prop,Inc

    (315) 278-7860

    11 in this area

    201 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Joseph C. Scordo

    Howard Hanna

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Map

Source: Central New York Information Services

MLS Number: S1085198

Central New York Information Services

APN: 311500-079-000-0008-032-000-0000

New York Onondaga County Syracuse 13207 Southside

615 Summit Ave Unit 17, Syracuse, NY

This home is located at 615 Summit Ave Unit 17, Syracuse, NY 13207 since 02 November 2017 and is currently estimated at $179,790, approximately $89 per square foot. This property was built in 1920. 615 Summit Ave Unit 17 is a home located in Onondaga County with nearby schools including Brighton Academy, Corcoran High School, and Syracuse Academy of Science & Citizenship Charter School.

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