NOT LISTED FOR SALE

625 Atlantic Ave Unit 27 Syracuse, NY 13207

North Valley Neighborhood

Estimated Value: $131,000 - $226,000

5 Beds
3 Baths
2,920 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: September 12, 2022

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

Est. 60% increase in value since last sale

Current estimated payment $1,074 / mo

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Outdoor Grill
  • Property is near public transit
  • Balcony
  • Forced Air Heating System

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 61x153

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Wood Siding

Interior Spaces

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

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Grill

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes common area maintenance, gardener, snow removal, trash collection
  • Tax Lot 1
  • Assessor Parcel Number 311500-073-000-0002-001-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,873

Year Built

Built in 1900

Lot Details

9,359 Sq Ft Lot

Parking

5

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Gardener, Snow Removal, Trash Collection
  • Year Built: 1900
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Valley Drive South to Atlantic Ave. Property is on the right.
  • Flooring: Hardwood, Varies, Vinyl
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Acres: 0.2149
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Barbecue, Deck
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Garage Spaces: 5.0
  • Parking Features: Paved, Parking Available

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-073-000-0002-001-000-0000
  • Lot Dimensions: 61X153
  • Lot Size Sq Ft: 9359.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3873.0
  • Tax Lot: 1

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
$174,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,135
Avg. Annual Appreciation
13.74%

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
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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
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

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

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