NOT LISTED FOR SALE

Estimated Value: $126,000 - $146,000

5 Beds
2 Baths
2,414 Sq Ft
$56/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $131,000 $54 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $843/month

22 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of August 2024

Well maintained 2-family home near Hawley Green area with new roof, new plumbing and new replacement windows thorough out. First floor has been renovated with new kitchen, new bathroom, new floorings and new furnace is less than 5 years of age. There is a laundry hookup for the first floor tenants. There are 2 new hot water heaters. Second floor tenants have been there a long time and has electric heat. First floor electric panel has new arch fault breakers. Second floor tenants have a back porch access to their own laundry hookup. Currently there are 12% cash on cash return and still have upside potential in rent rolls. Property is in good shape and ready for the next investors.

Last Agent to Sell the Property

Susan Li

Listing by Coldwell Banker Prime Prop,Inc Brokerage Phone: 315-446-2910 License #30LI0956504 Listed on: 06/03/2024

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Paul Bolinski

Listing by SVR Realty LLC License #10401326948

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,828

Year Built

  • Built in 1890

Lot Details

  • 5,247 Sq Ft Lot
  • Lot Dimensions are 33x159

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,414 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 39
  • Assessor Parcel Number 311500-016-000-0005-039-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $1,500
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,828

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1890
  • Attribution Contact: 315-446-2910
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Lodi St to Catherine St.
  • Architectural Style: Duplex
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1205
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Vinyl Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-016-000-0005-039-000-0000
  • Lot Dimensions: 33X159
  • Lot Size Sq Ft: 5247.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 1500.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2828.0
  • Tax Lot: 39
  • Tax Other Annual Assessment Amount: 57.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 8, 2024
Sold by
Geswaldo Louis
Bought by
Duggan Edward
Seller's Agent
Susan Li
Coldwell Banker Prime Prop,Inc
Buyer's Agent
Paul Bolinski
SVR Realty LLC
List Price
$129,000
Sold Price
$131,000
Premium/Discount to List
$2,000
1.55%
Views
384
Current Estimated Value
$136,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,344
Avg. Annual Appreciation
3.74%
Original Mortgage
$98,250
Outstanding Balance
$97,313
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$39,031

Purchase Details

Closed on
Dec 11, 2014
Sold by
Twinamatsiko Joseph
Bought by
Geswaldo Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2010
Sold by
Cwalt Inc Altrnatve Loan
Bought by
Twinamatsiko Joseph

Purchase Details

Closed on
Apr 13, 2010
Sold by
Michaud Laurent
Bought by
Cwalt Inc Altrnatve Loan Trust

Purchase Details

Closed on
Oct 16, 2006
Sold by
Her Cha
Bought by
Michaud Laurent Gertrudes
Source: Public Records

Range of Values:

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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
Duggan Edward $131,000 None Available
Geswaldo Louis $35,000 Thomas Cerio
Geswaldo Louis $35,000 Thomas Cerio
Twinamatsiko Joseph $25,100 --
Twinamatsiko Joseph $25,100 --
Cwalt Inc Altrnatve Loan Trust $500 --
Cwalt Inc Altrnatve Loan Trust $500 --
Michaud Laurent Gertrudes $43,000 Vaughn Lang
Michaud Laurent Gertrudes $43,000 Vaughn Lang
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duggan Edward $98,250
Previous Owner Geswaldo Louis $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $131,000 +1.6% $54 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $129,000 -- $53 / 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 -- $54,000 $7,000 $47,000
2023 $1,275 $54,000 $7,000 $47,000
2022 $1,238 $48,000 $7,000 $41,000
2021 $1,238 $48,000 $7,000 $41,000
2020 $1,195 $42,000 $6,100 $35,900
2019 $1,186 $42,000 $6,100 $35,900
2018 $1,186 $42,000 $6,100 $35,900
2017 -- $42,000 $6,100 $35,900
2016 $1,146 $42,000 $6,100 $35,900
2015 -- $42,000 $6,100 $35,900
2014 -- $42,000 $6,100 $35,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1540338

Central New York Information Services

APN: 311500-016-000-0005-039-000-0000