NOT LISTED FOR SALE

702 W Colvin St Unit 4 Syracuse, NY 13205

Southside Neighborhood

Estimated Value: $111,000 - $138,000

4 Beds
2 Baths
2,144 Sq Ft
$60/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $50,600 $24 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $796/month

20 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Woodwork
  • Full Attic
  • Thermal Windows
  • Forced Air Cooling System

About This Home

As of September 2019

INVESTORS take note: This professionally managed, fully rented 2 family grosses over $14k per year. Cash flow from day one! Opportunity to add value by raising rents. Currently tenants are month to month at $650 and $525. Roof was done w/in last 10 years architectural shingle. Forced air furnaces and water tanks replaced around same time. Separate utilities on breaker panels. Hardwood floors in spacious 2 bedroom apartments. Solid foundation. Add this to your portfolio today.

Last Agent to Sell the Property

Brian Murphy

Listing by Acropolis Realty Group LLC License #10301218524 Listed on: 06/26/2019

Acropolis Realty Group LLC

Last Buyer's Agent

Samira Jaber

Listing by The Rapid Realty Group License #10491211566

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 1900

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 120 x 40
  • Partially Fenced Property
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Vinyl

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, refuse removal
  • Tax Lot 10
  • Assessor Parcel Number 311500-083-000-0006-010-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $14,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,366

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 43600
  • Foundation Description: Block
  • Gross Annual Income: 14100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 40
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: Glahn
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 459165.15
  • Ratio Close Price By Sq Ft: 23.60
  • Ratio List Price By Acres: 498185.12
  • Ratio List Price By Sq Ft: 25.61
  • Regional Board Code: Syracuse
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, Refuse Removal
  • Roof Description: Asphalt
  • School Tax: 756
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4800
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: South on Midland Ave turn right onto W Colvin, North on Midland turn left onto W Colvin, E Colvin straight turns into W Colvin
  • Unit: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Total Sq Ft: 2144

Exterior Features

  • Construction: Shake Shingle, Wood
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard, Thermal Windows - Some
  • Number of Acres: 0.1102

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage

Utilities

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

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-083-000-0006-010-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2366

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Wb Colvin Llc
Bought by
Burgos Miguel L
Current Estimated Value
$129,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$107,713
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$21,705

Purchase Details

Closed on
Dec 10, 2009
Sold by
Oakwood Funding Llc
Bought by
Ganoe Brian

Purchase Details

Closed on
Jun 16, 2008
Sold by
Hsbc Bank Usa
Bought by
Oakwood Funding Llc

Purchase Details

Closed on
Sep 26, 2007
Sold by
Rowland William
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
May 25, 2005
Sold by
Rowland William and Rowland Anne L
Bought by
Rowland William
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
Burgos Miguel L $135,000 None Available
Ganoe Brian $53,500 --
Ganoe Brian $53,500 --
Oakwood Funding Llc $13,389 --
Oakwood Funding Llc $13,389 --
Hsbc Bank Usa $58,000 --
Hsbc Bank Usa $58,000 --
Rowland William -- --
Rowland William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgos Miguel L $108,000
Closed Burgos Miguel L $30,000
Previous Owner Wb Colvin Llc $48,944
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold $50,600 -7.8% $24 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $54,900 -- $26 / 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 -- $43,600 $3,100 $40,500
2023 $1,160 $43,600 $3,100 $40,500
2022 $1,189 $43,600 $3,100 $40,500
2021 $1,189 $43,600 $3,100 $40,500
2020 $1,214 $43,600 $3,100 $40,500
2019 $2,530 $43,600 $3,100 $40,500
2018 $1,206 $43,600 $3,100 $40,500
2017 $1,152 $43,600 $3,100 $40,500
2016 $1,165 $43,600 $3,100 $40,500
2015 -- $43,600 $3,100 $40,500
2014 -- $43,600 $3,100 $40,500
Source: Public Records

Agents Affiliated with this Home

  • Brian Murphy

    Seller's Agent in 2019

    Brian Murphy

    Acropolis Realty Group LLC

    (315) 256-8284

    13 in this area

    195 Total Sales

    Brian Murphy
    Section Image
  • Samira Jaber

    Buyer's Agent in 2019

    Samira Jaber

    The Rapid Realty Group

    (315) 876-8009

    8 in this area

    56 Total Sales

    Samira Jaber
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1205401

Central New York Information Services

APN: 311500-083-000-0006-010-000-0000

New York Onondaga County Syracuse 13205 Southside

702 W Colvin St Unit 4, Syracuse, NY

This home is located at 702 W Colvin St Unit 4, Syracuse, NY 13205 since 26 June 2019 and is currently estimated at $129,418, approximately $60 per square foot. This property was built in 1900. 702 W Colvin St Unit 4 is a home located in Onondaga County with nearby schools including Brighton Academy, Corcoran High School, and Citizenship & Science Academy of Syracuse Charter School.

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