NOT LISTED FOR SALE

625 Atlantic Ave Unit 27 Syracuse, NY 13207

North Valley Neighborhood

Estimated Value: $152,000 - $239,000

5 Beds
3 Baths
2,920 Sq Ft
$66/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $109,000 $37 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,155/month

7 Days on Market

Highlights

  • Deck
  • Balcony
  • Property is near bus stop
  • Wood Flooring
  • Forced Air Cooling System
  • Outdoor Grill

About This Home

As of September 2022

Great three family investment property. Long term tenants, current total rent is $1600, much potential for higher rent. Ideal for owner occupied in one and rent out the other two. Tenants pay gas, electric & heat. Very nice size backyard. All bathrooms have been updated. Building is very well maintained. Tax record shows 5 bedrooms but there are actually 2 bedrooms in each unit. Altogether 6 bedrooms.

Last Agent to Sell the Property

Maria Fong Sheehan

Listing by Berkshire Hathaway CNY Realty License #10401205543 Listed on: 07/09/2022

Berkshire Hathaway CNY Realty

Last Buyer's Agent

Joseph Gridley

Listing by Howard Hanna Real Estate License #10401287070

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,873

Year Built

  • Built in 1900

Lot Details

  • 9,359 Sq Ft Lot
  • Lot Dimensions are 153 x 61

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,920 Sq Ft Home
  • 2.7-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Parking

  • 5 Car Garage
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Grill

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, no utilities, refuse removal, snow removal
  • Tax Lot 1
  • Assessor Parcel Number 311500-073-000-0002-001-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,873

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 73600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 153
  • Lot Dimension Front: 61
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 1
  • Nearest Cross Street: Valley Dr.
  • Number of Stories: 2.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 507212.66
  • Ratio Close Price By Sq Ft: 37.33
  • Ratio List Price By Acres: 507212.66
  • Ratio List Price By Sq Ft: 37.33
  • Regional Board Code: Syracuse
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, No Utilities, Refuse Removal, Snow Removal
  • Roof Description: Asphalt
  • School Tax: 1999
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9359
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2920
  • Directions To Property: Valley Drive South to Atlantic Ave. Property is on the right.
  • Sq Ft Total Pub: 2920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Laundry- Separate Hook ups- Some
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 2920

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Balcony, Barbecue, Deck
  • Number of Acres: 0.2149

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 5.0000
  • Parking Driveway: Blacktop, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 311500-073-000-0002-001-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3873

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Sep 6, 2022
Sold by
Pearson Roy J
Bought by
Rehana Zhelo and Eifat Karim K
Seller's Agent
Maria Fong Sheehan
Berkshire Hathaway CNY Realty
Buyer's Agent
Joseph Gridley
Howard Hanna Real Estate
List Price
$109,000
Sold Price
$109,000
Current Estimated Value
$193,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,873
Avg. Annual Appreciation
18.76%

Purchase Details

Closed on
Aug 20, 1997

Purchase Details

Closed on
Oct 4, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rehana Zhelo $109,000 None Available
-- $14,000 --
-- $79,341 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $109,000 0.0% $37 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $109,000 -- $37 / 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 $1,815 $73,600 $10,100 $63,500
2023 $1,831 $73,600 $10,100 $63,500
2022 $1,874 $73,600 $10,100 $63,500
2021 $1,874 $73,600 $10,100 $63,500
2020 $1,922 $73,600 $10,100 $63,500
2019 $3,837 $73,600 $10,100 $63,500
2018 $1,911 $73,600 $10,100 $63,500
2017 $1,828 $73,600 $10,100 $63,500
2016 $1,850 $73,600 $10,100 $63,500
2015 -- $73,600 $10,100 $63,500
2014 -- $73,600 $10,100 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1417941

Central New York Information Services

APN: 311500-073-000-0002-001-000-0000