NOT LISTED FOR SALE

Estimated Value: $115,141 - $177,000

8 Beds
3 Baths
2,999 Sq Ft
$45/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $65,000 $22 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $823/month

4 Days on Market

Highlights

  • Wood Flooring
  • Property is near bus stop
  • Multiple Heating Units
  • Full Attic
  • 1 Car Garage

About This Home

As of June 2022

Great cashflow offered by this fully rented 2-family home on the Northside! Both units are very large and feature 1500 sq ft and 4 bedrooms/1 bath. Section 8 will approve up to $1,390/mo for a 4 bedroom apartment. Currently, upstairs is rented for $950/mo and downstairs is rented for $900/mo, tenants pay cash and are responsible for their own gas and electric bills. The owner has made many improvements to the interior including new flooring in the kitchens and bathrooms, new appliances, new w2w carpeting, and updated bathrooms. Both apartments have “octopus” furnaces.

Last Agent to Sell the Property

Christopher Newman

Listing by Acropolis Realty Group LLC License #10301218603 Listed on: 05/10/2022

Acropolis Realty Group LLC

Last Buyer's Agent

Christopher Newman

Listing by Acropolis Realty Group LLC License #10301218603 Listed on: 05/10/2022

Acropolis Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,001

Year Built

  • Built in 1930

Lot Details

  • 4,004 Sq Ft Lot
  • Lot Dimensions are 91 x 44

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,999 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • 1 Car Garage
  • Driveway

Location

  • Property is near bus stop

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Gravity Heating System
  • Gas Available
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 6
  • Assessor Parcel Number 311500-017-000-0007-006-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,001

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 60000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 91
  • Lot Dimension Front: 44
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 6
  • Nearest Cross Street: Laurel St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 707290.53
  • Ratio Close Price By Sq Ft: 21.67
  • Ratio List Price By Acres: 869423.29
  • Ratio List Price By Sq Ft: 26.64
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 1029
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4004
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 2999
  • Directions To Property: Catherine St
  • Sq Ft Total Pub: 2999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Electrical Fuses - some
  • Attic Description: Full, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2999

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0919

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Blacktop, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Gravity
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 311500-017-000-0007-006-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3001

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2025
Sold by
Alhariri Hasan
Bought by
Sham Estate Llc
Current Estimated Value
$135,285

Purchase Details

Listed on
May 10, 2022
Closed on
May 26, 2022
Sold by
Alazzawi Ayad and Faraj Nada
Bought by
Alhariri Hasan
Seller's Agent
Christopher Newman
Acropolis Realty Group LLC
Buyer's Agent
Christopher Newman
Acropolis Realty Group LLC
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.31%

Purchase Details

Listed on
Nov 29, 2016
Closed on
May 25, 2017
Sold by
Endzone Properties Inc
Bought by
Faraj Nada
Seller's Agent
Alan Lathrop
Integrated Real Estate Ser LLC
Buyer's Agent
Christopher Newman
Acropolis Realty Group LLC
List Price
$39,900
Sold Price
$38,000
Premium/Discount to List
-$1,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Dec 28, 2007
Sold by
Federal National Mortgage Association
Bought by
Endzone Properties Inc

Purchase Details

Closed on
Apr 23, 2007
Sold by
Giarrusso Marian
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sham Estate Llc -- None Available
Alhariri Hasan $65,000 None Available
Faraj Nada $38,000 Ronda Akl
Faraj Nada $38,000 Ronda Akl
Endzone Properties Inc $18,250 --
Endzone Properties Inc $18,250 --
Federal National Mortgage Association $59,687 --
Federal National Mortgage Association $59,687 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $65,000 -18.6% $22 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $79,900 +110.3% $27 / Sq Ft
05/31/2017 05/31/17 Sold $38,000 -11.4% $13 / Sq Ft View Prior Sale
04/20/2017 04/20/17 Pending -- -- --
12/05/2016 12/05/16 Price Changed $42,900 +7.5% $14 / Sq Ft
11/29/2016 11/29/16 For Sale $39,900 -- $13 / 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 $1,455 $72,000 $5,900 $66,100
2023 $1,475 $72,000 $5,900 $66,100
2022 $1,371 $60,000 $5,900 $54,100
2021 $1,371 $60,000 $5,900 $54,100
2020 $1,338 $53,700 $5,900 $47,800
2019 $1,331 $53,700 $5,900 $47,800
2018 $1,331 $53,700 $5,900 $47,800
2017 $1,275 $53,700 $5,900 $47,800
2016 $1,291 $53,700 $5,900 $47,800
2015 -- $53,700 $5,900 $47,800
2014 -- $53,700 $5,900 $47,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1405077

Central New York Information Services

APN: 311500-017-000-0007-006-000-0000