NOT LISTED FOR SALE

940 Ackerman Ave Unit 42 Syracuse, NY 13210

University Neighborhood

Estimated Value: $386,000 - $461,000

8 Beds
3 Baths
3,006 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $244,000 $81 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,536/month

6 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Forced Air Cooling System
  • Finished Attic
  • Woodwork
  • Property is near bus stop

About This Home

As of December 2016

Great investment opportunity, close to campus. Leased until 5/31/17. One of 3 income property package.. can be sold separately or as a package. Currently rented for $3925/month plus utilities.

Last Agent to Sell the Property

Edward Glassberg

Listing by Coldwell Banker Prime Prop,Inc License #30GL0598193 Listed on: 10/12/2016

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Edward Glassberg

Listing by Coldwell Banker Prime Prop,Inc License #30GL0598193 Listed on: 10/12/2016

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,716

Year Built

  • Built in 1920

Lot Details

  • 5,292 Sq Ft Lot
  • Lot Dimensions are 132 x 40

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Cedar

Interior Spaces

  • 3,006 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Attic

  • Full Attic
  • Finished Attic

Location

  • Property is near bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Baseboard Heating
  • Gravity Heating System
  • Gas Available
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance
  • Assessor Parcel Number 311500-052-000-0011-011-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,716

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 132000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line
  • Nearest Cross Street: Euclid
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2008230.45
  • Ratio Close Price By Sq Ft: 81.17
  • Ratio List Price By Acres: 2468312.76
  • Ratio List Price By Sq Ft: 99.77
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance
  • School Tax: 2724
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5292
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Euclid Ave to Ackerman Ave PC1002
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Oven/Range Freestanding- Some, Refrigerator
  • Number of Fireplaces Not Repto Code: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of Rooms: 15
  • Total Sq Ft: 3006

Exterior Features

  • Construction: Cedar
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1215

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air, Gravity
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 311500-052-000-0011-011-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 6716

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 21, 2016
Sold by
932 Ackerman Ltd
Bought by
Osuchowski William
Seller's Agent
Edward Glassberg
Coldwell Banker Prime Prop,Inc
Buyer's Agent
Edward Glassberg
Coldwell Banker Prime Prop,Inc
List Price
$299,900
Sold Price
$244,000
Premium/Discount to List
-$55,900
-18.64%
Current Estimated Value
$433,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,000
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Oct 2, 2005

Purchase Details

Closed on
Dec 6, 2002
Sold by
Metz Mona L
Bought by
Metz Mona L and Metz Samuel N
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
Osuchowski William -- Vaughn D. Lang
-- -- --
Metz Mona L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold $244,000 -18.6% $81 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $299,900 -- $100 / 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 $3,293 $212,000 $12,600 $199,400
2023 $3,202 $197,000 $12,600 $184,400
2022 $3,246 $197,000 $12,600 $184,400
2021 $3,246 $197,000 $12,600 $184,400
2020 $2,944 $197,000 $12,600 $184,400
2019 $7,137 $157,000 $12,600 $144,400
2018 $2,946 $157,000 $12,600 $144,400
2017 $2,537 $157,000 $12,600 $144,400
2016 $2,888 $157,000 $12,600 $144,400
2015 -- $132,000 $12,600 $119,400
2014 -- $132,000 $12,600 $119,400
Source: Public Records

Agents Affiliated with this Home

  • Edward Glassberg

    Seller's Agent in 2016

    Edward Glassberg

    Coldwell Banker Prime Prop,Inc

    (315) 427-6956

    39 in this area

    262 Total Sales

    Edward Glassberg
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Map

Source: Central New York Information Services

MLS Number: S1007660

Central New York Information Services

APN: 311500-052-000-0011-011-000-0000

New York Onondaga County Syracuse 13210 University

940 Ackerman Ave Unit 42, Syracuse, NY

Not Listed for Sale

MultiFamily

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