NOT LISTED FOR SALE

740 S Beech St Syracuse, NY 13210

Westcott Neighborhood

Estimated Value: $228,000 - $324,000

5 Beds
3 Baths
2,268 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $170,000 $75 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,736/month

163 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Property is near bus stop
  • Full Attic
  • Forced Air Cooling System

About This Home

As of April 2015

SU STUDENT RENTAL AREA. Right next to Westcott Street with all its new restaurants, shopping and nightlife. Very quick walk or ride to campus or downtown. Very close to bus stop. Pleasant quiet area just off the main drag. The SU neighborhood is a superior area in which to be a landlord, and this property would be a great start- or a great addition to your existing portfolio. Part of a package consisting of 736 S Beech, 818 Westcott, and 904-906 Lancaster- owner will consider sales of individual properties.

Last Agent to Sell the Property

Dan Murphy

Listing by University Hill Realty Ltd License #10301206321 Listed on: 05/21/2014

Last Buyer's Agent

Dan Murphy

Listing by University Hill Realty Ltd License #10301206321 Listed on: 05/21/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 113 x 46

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Free-Standing Range
  • Range Hood

Parking

  • 2 Car Garage
  • Driveway

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 311500-046-000-0005-013-000-0000
  • $91 special tax assessment

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $26,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,950

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 114
  • Annual Special Assessment: 91
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 85000
  • Gross Annual Income: 26520
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 113
  • Lot Dimension Front: 46
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 1575000.0000
  • List Price per Sq Ft: 83.3333
  • Nearest Cross Street: Trinity Place
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1416666.67
  • Ratio Close Price By Sq Ft: 74.96
  • Ratio List Price By Acres: 1575000.00
  • Ratio List Price By Sq Ft: 83.33
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: No Utilities
  • School Tax: 1475
  • Sale Price List Price: 0.8994
  • S P Per Acre: 1416666.6700
  • S P Per Sq Ft: 74.9600
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 189000.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: East on E. Genesee Street. Take Right onto S. Beech Street. House will be on your right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Fireplaces Total Calculated: 2
  • Number of Rooms: 11
  • Total Sq Ft: 2268

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1200

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 311500-046-000-0005-013-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3950

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
May 4, 2015
Sold by
Jasper R Cooper Llc
Bought by
Fishbeck Amalgamated Llc
Seller's Agent
Dan Murphy
University Hill Realty Ltd
Buyer's Agent
Dan Murphy
University Hill Realty Ltd
List Price
$220,000
Sold Price
$170,000
Premium/Discount to List
-$50,000
-22.73%
Current Estimated Value
$297,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,161
Avg. Annual Appreciation
5.35%
Original Mortgage
$305,600
Outstanding Balance
$236,105
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,056
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fishbeck Amalgamated Llc $382,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fishbeck Amalgamated Llc $305,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $170,000 -22.7% $75 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $220,000 -- $97 / 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 $2,181 $140,000 $9,400 $130,600
2023 $2,231 $140,000 $9,400 $130,600
2022 $1,649 $85,000 $9,400 $75,600
2021 $1,649 $85,000 $9,400 $75,600
2020 $1,722 $85,000 $9,400 $75,600
2019 $4,042 $85,000 $9,400 $75,600
2018 $1,720 $85,000 $9,400 $75,600
2017 $1,655 $85,000 $9,400 $75,600
2016 $1,681 $85,000 $9,400 $75,600
2015 -- $85,000 $9,400 $75,600
2014 -- $85,000 $9,400 $75,600
Source: Public Records

Agents Affiliated with this Home

  • Dan Murphy

    Seller's Agent in 2015

    Dan Murphy

    University Hill Realty Ltd

    (315) 460-0024

    5 in this area

    41 Total Sales

    Dan Murphy
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Map

Source: Central New York Information Services

MLS Number: S311373

Central New York Information Services

APN: 311500-046-000-0005-013-000-0000

New York Onondaga County Syracuse 13210 Westcott

740 S Beech St, Syracuse, NY

Not Listed for Sale

MultiFamily

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