NOT LISTED FOR SALE

7197 E Genesee St Fayetteville, NY 13066

Estimated Value: $537,422

4 Beds
3 Baths
1,633 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $300,000 $184 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,770/month

222 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • Wood Burning Fireplace
  • Mott Road Elementary School Rated A
  • Property is near a bus stop

About This Home

As of April 2013

Income $36,000 yr, profit $18,000 yr with 1,000 sq ft currently vacant.If rented, another $24,000 could come in. Apt upstairs used as residential, Lower level is half rented as a office for $1,800 yr.Garage rented for $300 mth. Warehouse brings in $2,500 year for half of it. Other half currently vacant. Whole of main building totally renovated and updated. 3 heat and AC zones.Great investment preoperty. Selling only because we are relocating to AZ.

Last Agent to Sell the Property

Susan Wilson

Listing by Syracuse Homes Listed on: 08/10/2012

Last Buyer's Agent

Susan Wilson

Listing by Syracuse Homes Listed on: 08/10/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,130

Year Built

  • Built in 1890

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 368 x 124

Home Design

  • Mixed Use
  • Vinyl Construction Material

Interior Spaces

  • 1,633 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 8 Car Garage
  • Stone Driveway

Location

  • Property is near a bus stop

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities, cable TV, grounds maintenance, lawn maintenance, snow removal
  • Assessor Parcel Number 313889-087-000-0007-047-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,130

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Age: 122
  • NY Swis Code: Manlius-313889
  • Total Assessed Value: 222800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 368
  • Lot Dimension Front: 124
  • Lot Information: Commercial Zoning, Near Bus Line, Primary Road
  • L P Per Acre: 332380.9524
  • List Price per Sq Ft: 213.7170
  • Nearest Cross Street: Hunt Dr
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 285714.29
  • Ratio Close Price By Sq Ft: 183.71
  • Ratio List Price By Acres: 332380.95
  • Ratio List Price By Sq Ft: 213.72
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: All Utilities, Cable TV, Grounds Maintenance, Lawn Maintenance, Snow Removal
  • School Tax: 5726
  • Sale Price List Price: 0.8595
  • S P Per Acre: 285714.2857
  • S P Per Sq Ft: 183.7100
  • Sub Board Code: Syracuse
  • Type of Residence: 1 Lot - Multi Structures, 4 Unit, Mixed Use
  • Type of Sale: Normal
  • Value Range Search Low Price: 349000.00
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: Rte 5 in Fayetteville, 2 blocks west of Towne mall/Target next to largefuneral home.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of Rooms: 9
  • Total Sq Ft: 1633

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 1.0500

Garage/Parking

  • Number of Electric Meters: 1
  • Number of Garage Spaces: 8.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air, Multi-Zone
  • Number of Gas Meters: 1
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Fayetteville-Manlius

Lot Info

  • Parcel Number: 313889-087-000-0007-047-000-0000

Rental Info

  • Certificate of Occupancy: Supplied
  • Type of Tenancy: Leased

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 9130

MLS Schools

  • School District Name: Fayetteville-Manlius

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2016
Sold by
Nu-7197 E Genesee Street
Bought by
Fulgent Seed Revocable Li
Current Estimated Value
$537,422

Purchase Details

Listed on
Aug 10, 2012
Closed on
Apr 29, 2013
Sold by
Wilson Edward
Bought by
7197 East Genesee Street
Seller's Agent
Susan Wilson
Syracuse Homes
Buyer's Agent
Susan Wilson
Syracuse Homes
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Jan 8, 2004
Sold by
Kepler Cady P and Kepler Nancy R
Bought by
Wilson Edward M and Wilson Susan M
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
Fulgent Seed Revocable Li -- --
7197 East Genesee Street $250,000 --
Wilson Edward M $185,000 Paula Lapin
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2013 04/29/13 Sold $300,000 -14.0% $184 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
08/10/2012 08/10/12 For Sale $349,000 -- $214 / 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 $10,107 $307,000 $110,400 $196,600
2023 $10,515 $289,000 $92,300 $196,700
2022 $10,625 $259,900 $92,300 $167,600
2021 $11,180 $257,000 $92,300 $164,700
2020 $11,084 $257,000 $47,600 $209,400
2019 -- $257,000 $47,600 $209,400
2018 $10,284 $236,400 $47,600 $188,800
2017 $10,164 $236,400 $47,600 $188,800
2016 $10,102 $236,400 $47,600 $188,800
2015 -- $236,400 $47,600 $188,800
2014 -- $236,400 $47,600 $188,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S277618

Central New York Information Services

APN: 313889-087-000-0007-047-000-0000