NOT LISTED FOR SALE

701 Ackerman Ave Syracuse, NY 13210

University Neighborhood

Estimated Value: $384,000 - $507,670

11 Beds
3 Baths
3,719 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $294,000 $79 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,607/month

120 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 1 Car Garage

About This Home

As of February 2024

Rare find! This 11 bedroom, 3 bathroom ex-Syracuse University fraternity house is huge! Upstairs has 6 bedrooms and 2 bathrooms and downstairs has 5 bedrooms and 1 full bathroom. In the heart of Syracuse University, this property is certainly a rare one to come by. Has a metal roof and many updates throughout. A majority of the current pieces of furniture present can be included in the sale if the buyer wishes. Come take a look at this gem today!

Last Agent to Sell the Property

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 08/03/2023

Hunt Real Estate ERA

Last Buyer's Agent

Julie Brooks

Listing by Integrated Real Estate Ser LLC License #10401371219

Integrated Real Estate Ser LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,774

Year Built

  • Built in 1910

Lot Details

  • 4,100 Sq Ft Lot
  • Lot Dimensions are 41x100

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 3,719 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 23
  • Assessor Parcel Number 311500-046-000-0012-023-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,774

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1910
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Off Ackerman
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 11
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0941
  • Waterfront: No
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Paved, One Space

Utilities

  • Heating: Gas, Baseboard, Hot Water, Radiant
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-046-000-0012-023-000-0000
  • Lot Dimensions: 41X100
  • Lot Size Sq Ft: 4100.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 9774.0
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Feb 28, 2024
Sold by
Hanford Jacob G
Bought by
Ricardo Maldonado Llc
Seller's Agent
Dante Belmonte
Hunt Real Estate ERA
Buyer's Agent
Julie Brooks
Integrated Real Estate Ser LLC
List Price
$559,900
Sold Price
$294,000
Premium/Discount to List
-$265,900
-47.49%
Views
490
Current Estimated Value
$445,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,418
Avg. Annual Appreciation
25.18%
Original Mortgage
$294,000
Outstanding Balance
$289,165
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,253

Purchase Details

Closed on
Oct 1, 2009
Sold by
701 Ackerman Ave Llc
Bought by
Hanford Jacob

Purchase Details

Closed on
Aug 14, 2006
Sold by
Osuchowski William A
Bought by
701 Ackerman Ave Llc
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
Ricardo Maldonado Llc $294,000 None Available
Hanford Jacob -- --
Hanford Jacob -- --
701 Ackerman Ave Llc $285,000 Peter J Hogan
701 Ackerman Ave Llc $285,000 Peter J Hogan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricardo Maldonado Llc $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $294,000 -16.0% $79 / Sq Ft
11/27/2023 11/27/23 Price Changed $349,900 -22.2% $94 / Sq Ft
10/20/2023 10/20/23 Price Changed $449,900 -10.0% $121 / Sq Ft
08/22/2023 08/22/23 Price Changed $499,900 -10.7% $134 / Sq Ft
08/03/2023 08/03/23 For Sale $559,900 0.0% $151 / Sq Ft
08/21/2018 08/21/18 Rented $500 0.0% --
04/02/2018 04/02/18 For Rent $500 -- --
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 $3,356 $250,000 $11,100 $238,900
2023 $3,121 $220,000 $11,100 $208,900
2022 $3,150 $220,000 $11,100 $208,900
2021 $3,150 $220,000 $11,100 $208,900
2020 $2,886 $220,000 $11,100 $208,900
2019 $2,899 $180,000 $11,100 $168,900
2018 $2,899 $180,000 $11,100 $168,900
2017 -- $180,000 $11,100 $168,900
2016 $2,863 $180,000 $11,100 $168,900
2015 -- $180,000 $11,100 $168,900
2014 -- $150,000 $11,100 $138,900
Source: Public Records

Agents Affiliated with this Home

  • Dante Belmonte

    Seller's Agent in 2024

    Dante Belmonte

    Hunt Real Estate

    (315) 794-1522

    1 in this area

    370 Total Sales

    Dante Belmonte
    Section Image

  • J

    Buyer's Agent in 2024

    Julie Brooks

    Integrated Real Estate Ser LLC

    (315) 898-3171

    3 in this area

    156 Total Sales

    Julie Brooks
    Section Image
  • Stacey Romano

    Seller's Agent in 2018

    Stacey Romano

    Howard Hanna

    (315) 935-3282

    23 Total Sales

    Stacey Romano
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1488739

Central New York Information Services

APN: 311500-046-000-0012-023-000-0000

New York Onondaga County Syracuse 13210 University

701 Ackerman Ave, Syracuse, NY

Not Listed for Sale

MultiFamily

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