NOT LISTED FOR SALE

916 Ackerman Ave Unit 18 Syracuse, NY 13210

University Neighborhood

Estimated Value: $379,606 - $463,000

8 Beds
4 Baths
3,274 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2020

Last sale price $330,000 $101 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,680 / mo

396 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Wood Siding
  • Wood Flooring

About This Home

As of February 2020

RENTED FOR 2019-2020 - moneymaker from day one. University Two Family Rental. Superb location. Big units, plenty of parking, close to campus. Great income, and a great area of high rental demand. Very strong numbers- excellent investment!

Last Agent to Sell the Property

Dan Murphy

Listing by University Hill Realty Ltd License #10301206321 Listed on: 09/23/2018

Last Buyer's Agent

Scott Pflanz

Listing by Hunt Real Estate ERA License #10401313850

Hunt Real Estate ERA

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1925

Lot Details

  • 5,316 Sq Ft Lot
  • Lot Dimensions are 40x132

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 3,274 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes gardener, trash collection
  • Tax Lot 5
  • Assessor Parcel Number 311500-052-000-0011-005-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $17,662
  • Gross Income $59,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,796

Year Built

Built in 1925

Lot Details

5,316 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Trash Collection
  • Year Built: 1925
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Heading East on East Genesee Street, take a right onto Westcott Street. Right onto Euclid Av. Left onto Ackerman Av., house will be on your right.
  • Flooring: Ceramic Tile, Hardwood, Resilient, Varies
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Free-Standing Range, Gas Water Heater, Oven, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Acres: 0.122
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-052-000-0011-005-000-0000
  • Lot Dimensions: 40X132
  • Lot Size Sq Ft: 5316.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 59400.0
  • Annual Operating Expense: 17662.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7796.0
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2020
Sold by
Chen James
Bought by
Current Estimated Value
$410,243

Purchase Details

Listed on
Sep 23, 2018
Closed on
Jan 15, 2020
Sold by
Tpm 20143 Llc
Bought by
Chen James
Seller's Agent
Dan Murphy
University Hill Realty Ltd
Buyer's Agent
Scott Pflanz
Hunt Real Estate ERA
List Price
$365,000
Sold Price
$330,000
Premium/Discount to List
-$35,000
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$247,500
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2015
Sold by
Tupper Joseph
Bought by
Tpm-2014-3 Llc

Purchase Details

Closed on
May 25, 2012
Sold by
Nj Traino Inc
Bought by
Tupper Joseph

Purchase Details

Closed on
Jun 10, 1996
Sold by
Boyd Frederick
Bought by
Inc N J Traino

Purchase Details

Closed on
Nov 15, 1995
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in University, NY

  • Robert Zaccaria Real Estate Agent - Finger Lakes Sothebys Intl.

    Robert Zaccaria

    Finger Lakes Sothebys Intl.

    (315) 409-7253

    94 Total Sales

    4 in University

    $253K - $340K Price Range

    Robert Zaccaria
     Section Image
  • Chip Hodgkins Real Estate Agent - Hunt Real Estate ERA

    Chip Hodgkins

    Hunt Real Estate ERA

    (680) 220-4529

    328 Total Sales

    4 in University

    $251K - $400K Price Range

    Chip Hodgkins
     Section Image
  • Maureen Dessein Real Estate Agent - Berkshire Hathaway CNY Realty

    Maureen Dessein

    Responds Quickly

    Berkshire Hathaway CNY Realty

    (680) 202-2565

    51 Total Sales

    8 in University

    $240K - $545K Price Range

    Maureen Dessein
     Section Image
  • James Burnham Real Estate Agent - Coldwell Banker Prime Prop,Inc

    James Burnham

    Coldwell Banker Prime Prop,Inc

    (315) 602-3305

    247 Total Sales

    4 in University

    $275K - $305K Price Range

    James Burnham
     Section Image
  • Teddy Lewandowski Real Estate Agent - Hunt Real Estate ERA

    Teddy Lewandowski

    Hunt Real Estate ERA

    (315) 470-3284

    214 Total Sales

    12 in University

    $30K - $260K Price Range

    Teddy Lewandowski
     Section Image
  • Connor Schwartz Real Estate Agent - The O'Hara Group

    Connor Schwartz

    The O'Hara Group

    (315) 640-3977

    150 Total Sales

    2 in University

    $295,000 Price Range

    Connor Schwartz
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Chen James $330,000 None Available
Tpm-2014-3 Llc -- Peter Badera
Tupper Joseph $275,000 Peter J Badera
Inc N J Traino $90,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $103,000
Previous Owner Chen James $247,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $330,000 -9.6% $101 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $364,900 0.0% $111 / Sq Ft
08/05/2019 08/05/19 Price Changed $365,000 0.0% $111 / Sq Ft
08/05/2019 08/05/19 For Sale $365,000 -12.0% $111 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $415,000 -- $127 / Sq Ft
Source: Central New York Information Services

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,119 $212,000 $12,600 $199,400
2024 $2,950 $212,000 $12,600 $199,400
2023 $2,809 $192,000 $12,600 $179,400
2022 $2,838 $192,000 $12,600 $179,400
2021 $2,838 $192,000 $12,600 $179,400
2020 $3,033 $192,000 $12,600 $179,400
2019 $6,625 $192,000 $12,600 $179,400
2018 $2,551 $152,000 $12,600 $139,400
2017 $2,177 $152,000 $12,600 $139,400
2016 $2,514 $152,000 $12,600 $139,400
2015 -- $128,000 $12,600 $115,400
2014 -- $128,000 $12,600 $115,400
Source: Public Records

Agents Affiliated with this Home

  • Dan Murphy Real Estate Agent - University Hill Realty Ltd

    Seller's Agent in 2020

    Dan Murphy

    University Hill Realty Ltd

    (315) 460-0024

    7 in this area

    40 Total Sales

    Dan Murphy
    Section Image
  • Scott Pflanz Real Estate Agent - Hunt Real Estate

    Buyer's Agent in 2020

    Scott Pflanz

    Hunt Real Estate

    (610) 772-7024

    11 Total Sales

    Scott Pflanz
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1149930

Central New York Information Services

APN: 311500-052-000-0011-005-000-0000

New York Onondaga County Syracuse 13210 University

916 Ackerman Ave Unit 18, Syracuse, NY

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