NOT LISTED FOR SALE

Estimated Value: $87,686 - $144,000

5 Beds
3 Baths
2,478 Sq Ft
$49/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $43,000 $17 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $783/month

30 Days on Market

Highlights

  • Corner Lot
  • Property is near a bus stop
  • Wall to Wall Carpet
  • Forced Air Cooling System
  • Ceiling Fan

About This Home

As of July 2012

Great income producer, this 2-family has a long term tenant that keeps up with the property. Newer furnaces, hot water heaters. Updated electricals. Turn kep operations and walking distance to stores. Projected income is over 20% cap rate.

Last Listed By

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 05/12/2012

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1840

Lot Details

  • Lot Dimensions are 90 x 66
  • Corner Lot

Parking

  • No Garage

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 2,478 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Laminate

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 water
  • Assessor Parcel Number 311500-006-000-0014-009-000-0000
  • $108 special tax assessment

Community Details

Overview

  • 2 Units
  • Northside Community
  • Northside Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,200
  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Age: 172
  • Annual Operating Expenses: 1200
  • Annual Special Assessment: 108
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 81000
  • Gross Annual Income: 16200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 90
  • Lot Dimension Front: 66
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • List Price per Sq Ft: 20.1372
  • Nearest Cross Street: Second North St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 17.35
  • Ratio List Price By Sq Ft: 20.14
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • Rent Includes: Water
  • School Tax: 1406
  • Sale Price List Price: 0.8617
  • S P Per Sq Ft: 17.3527
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 49900.00
  • Year Built Description: Existing
  • Age of Building: 182
  • Year Built: 1840
  • Directions To Property: Rt 81 North to Court St exit, stay straight onto Danforth St. Corner of Second North St.
  • Subdivision Comm Complex: NORTHSIDE
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1840

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Resilient-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 12
  • Total Sq Ft: 2478

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Cable TV Available

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, 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

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-006-000-0014-009-000-0000

Rental Info

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

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3794

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2014
Sold by
Nguyen Tam
Bought by
Pham Kiet
Total Days on Market
30
Current Estimated Value
$120,672

Purchase Details

Listed on
May 12, 2012
Closed on
Jul 27, 2012
Sold by
Messina John J
Bought by
Nguyen Tam
Seller's Agent
Susan Li
Coldwell Banker Prime Prop,Inc
Buyer's Agent
Susan Li
Coldwell Banker Prime Prop,Inc
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Sep 16, 2005
Sold by
Boyle Sean C
Bought by
Messina Janette and Messina John J

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
Pham Kiet $22,500 Francis E. Jr. Hunt
Nguyen Tam $43,000 --
Messina Janette $78,900 Salvatore Scro
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $43,000 -13.8% $17 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $49,900 -- $20 / 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 -- $56,000 $10,200 $45,800
2023 $1,297 $56,000 $10,200 $45,800
2022 $1,327 $56,000 $10,200 $45,800
2021 $1,327 $56,000 $10,200 $45,800
2020 $1,232 $45,000 $10,200 $34,800
2019 $1,223 $45,000 $10,200 $34,800
2018 $1,223 $45,000 $10,200 $34,800
2017 $1,169 $45,000 $10,200 $34,800
2016 $1,183 $45,000 $10,200 $34,800
2015 -- $45,000 $10,200 $34,800
2014 -- $60,000 $10,200 $49,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S272131

Central New York Information Services

APN: 311500-006-000-0014-009-000-0000