NOT LISTED FOR SALE

2501 W Mechanic St Cato, NY 13033

Estimated Value: $157,703 - $218,000

4 Beds
1.5 Baths
1,860 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $41,000 $22 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $1,263/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1.5 Car Detached Garage
  • Wood Burning Stove
  • 1 Fireplace
  • Porch

About This Home

As of September 2017

This 3 bedroom home has a 1st floor den with a half bath that could be used as a fourth bedroom. If you are looking to entertain you will love the large formal dining room. Home features hardwood floors, beautiful natural woodwork, a mudroom, detached garage and scenic backyard view! This property also has a wood burning stove and plenty of storage.

Last Agent to Sell the Property

Gene Kranz

Listing by Berkshire Hathaway CNY Realty License #10301205718 Listed on: 07/31/2017

Berkshire Hathaway CNY Realty

Co-Listed By

Anthony Macro

Listing by Dropped Members License #10401240798

Last Buyer's Agent

Dean Cummins

Listing by Sun Harvest Realty Inc. License #31CU0570806

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 140 x 66

Parking

  • 1.5 Car Detached Garage

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Schools

  • Cato-Meridian Elementary School
  • Cato-Meridian Middle School
  • Cato-Meridian Senior High School

Utilities

  • Forced Air Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Town/Ira Community
  • Town/Ira Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 12
  • Assessor Parcel Number 053201-045-016-0001-012-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Cato Village-Ira-053201
  • Total Assessed Value: 84600
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 66
  • Lot Information: Agricultural District
  • Lot Number: 12
  • Nearest Cross Street: Conger Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 193305.04
  • Ratio Close Price By Sq Ft: 22.04
  • Ratio List Price By Acres: 198019.80
  • Ratio List Price By Sq Ft: 22.58
  • Regional Board Code: Syracuse
  • School Tax: 1556
  • Styles of Residence: 2 Story, Colonial
  • Sub Board Code: Syracuse
  • Type of Sale: Bank Owned / REO
  • Village: Cato-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 9240
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Route 370 into village of Cato. Turn right onto Maple Ave to the end. Left on Mechanic Street .
  • Subdivision Comm Complex: Town/Ira
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1860

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.2121

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.5000

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Cato-Meridian
  • Elementary School: Cato-Meridian Elementary
  • Middle School: Cato-Meridian Middle
  • High School: Cato-Meridian Senior High

Lot Info

  • Parcel Number: 053201-045-016-0001-012-000-0000

Tax Info

  • Total Taxes: 3088

MLS Schools

  • Elementary School Name: Cato-Meridian Elementary
  • High School Name: Cato-Meridian Senior High
  • Middle School Name: Cato-Meridian Middle
  • School District Name: Cato-Meridian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Cummins Dean D
Bought by
Kraebel Charles J and Krarbel Dorothy R
Current Estimated Value
$182,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,159
Outstanding Balance
$73,930
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$108,996

Purchase Details

Listed on
Jul 31, 2017
Closed on
Sep 26, 2017
Sold by
Pennymac Loan Services Llc
Bought by
Cummins Dean D
Seller's Agent
Gene Kranz
Berkshire Hathaway CNY Realty
Buyer's Agent
Dean Cummins
Sun Harvest Realty Inc.
List Price
$48,000
Sold Price
$41,000
Premium/Discount to List
-$7,000
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.81%

Purchase Details

Closed on
May 5, 2017
Sold by
Czyz Michael L and Czyz Rebecca N
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
May 31, 2011
Sold by
Czyz Michael L
Bought by
Czyz Michael L and Czyz Rebecca N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,901
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2011
Sold by
Cancro James R
Bought by
Czyz Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,901
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1998
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
Kraebel Charles J $84,694 --
Cummins Dean D $41,000 None Available
Pennymac Loan Services Llc $79,080 None Available
Czyz Michael L -- None Available
Czyz Michael L $80,000 First American Title Ins Co
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraebel Charles J $83,159
Previous Owner Czyz Michael L $82,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $41,000 -2.4% $22 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
09/03/2017 09/03/17 Price Changed $42,000 -12.5% $23 / Sq Ft
07/31/2017 07/31/17 For Sale $48,000 -- $26 / 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 $3,196 $84,700 $11,500 $73,200
2023 $3,262 $84,700 $11,500 $73,200
2022 $3,233 $84,700 $11,500 $73,200
2021 $3,211 $84,700 $11,500 $73,200
2020 $2,548 $84,700 $11,500 $73,200
2019 $310 $49,900 $11,500 $38,400
2018 $2,475 $49,900 $11,500 $38,400
2017 $2,650 $89,900 $11,500 $78,400
2016 $2,660 $84,600 $6,900 $77,700
2015 -- $84,600 $6,900 $77,700
2014 -- $84,600 $6,900 $77,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gene Kranz

    Berkshire Hathaway CNY Realty

    (315) 345-7721

    95 Total Sales

    Gene Kranz
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Anthony Macro

    Dropped Members

  • Dean Cummins

    Buyer's Agent in 2017

    Dean Cummins

    Sun Harvest Realty Inc.

    (315) 246-5407

    16 in this area

    92 Total Sales

    Dean Cummins
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1066257

Central New York Information Services

APN: 053201-045-016-0001-012-000-0000

New York Cayuga County Cato 13033

2501 W Mechanic St, Cato, NY

This home is located at 2501 W Mechanic St, Cato, NY 13033 since 31 July 2017 and is currently estimated at $182,926, approximately $98 per square foot. This property was built in 1940. 2501 W Mechanic St is a home located in Cayuga County with nearby schools including Cato-Meridian Elementary School, Cato Meridian Middle School, and Cato-Meridian Senior High School.

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