NOT LISTED FOR SALE

615 Summit Ave Unit 17 Syracuse, NY 13207

Elmwood Neighborhood

Estimated Value: $92,000 - $178,406

4 Beds
3 Baths
2,016 Sq Ft
$77/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2017

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

Est. 276% increase in value since last sale

Current estimated payment $933 / mo

5 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

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 45x103

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

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

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Rent includes water
  • Tax Lot 32
  • Assessor Parcel Number 311500-079-000-0008-032-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 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

4,647 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1920
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From S Geddes St to Twin Hill Dr. merge onto W. Colvin St. to Summit Ave.
  • Architectural Style: Duplex
  • Flooring: Ceramic Tile, Hardwood, Laminate, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1067
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-079-000-0008-032-000-0000
  • Lot Dimensions: 45X103
  • Lot Size Sq Ft: 4647.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0
  • Annual Operating Expense: 1200.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2932.0
  • Tax Lot: 32
  • Tax Other Annual Assessment Amount: 28.0

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
$154,352
Source: Public Records
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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 List to Sale Price per Sq Ft
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

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 $1,434 $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

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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

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