NOT LISTED FOR SALE

501 Lawrence St Rome, NY 13440

Estimated Value: $69,000 - $99,675

4 Beds
2 Baths
2,016 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $60,000 $30 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $536/month

26 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of September 2021

Instant profits!!! Tenants are on time and paid up fully so month 1 you will be profitable! Or if you plan is to owner occupy it can be done easily. Or.... For the investor that is looking for a flip, here ya go! Lots of updates and a fantastic public park right across the street!!

Last Agent to Sell the Property

John Brown

Listing by Coldwell Banker Faith Properties License #10311200206 Listed on: 06/03/2021

Coldwell Banker Faith Properties

Co-Listed By

Michael Major

Listing by Buy Sell Rent Realty License #10491212739

Last Buyer's Agent

Maria Dailey

Listing by 1st Rome Realty LLC License #10301214084

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 60 x 36
  • Fenced Yard

Parking

  • 1 Car Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 301301-242-074-0002-025-002-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • NY Swis Code: Rome-Inside-301301
  • Total Assessed Value: 30000
  • Gross Annual Income: 16800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 60
  • Lot Dimension Front: 36
  • Lot Information: Primary Road
  • Nearest Cross Street: Lynch St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1200000.00
  • Ratio Close Price By Sq Ft: 29.76
  • Ratio List Price By Acres: 1399980.00
  • Ratio List Price By Sq Ft: 34.72
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 998
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 87
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 2016
  • Directions To Property: Erie Blvd to Jasper. Left on Lawrence.
  • Sq Ft Total Pub: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Total Sq Ft: 2016

Exterior Features

  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, High Speed Internet
  • Number of Acres: 0.0500

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000

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: Rome

Lot Info

  • Parcel Number: 301301-242-074-0002-025-002-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3878

MLS Schools

  • School District Name: Rome

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Sep 9, 2021
Sold by
Gifune Anthony J
Bought by
Brown Tamica
Seller's Agent
John Brown
Coldwell Banker Faith Properties
Buyer's Agent
Maria Dailey
1st Rome Realty LLC
List Price
$69,999
Sold Price
$60,000
Premium/Discount to List
-$9,999
-14.28%
Current Estimated Value
$83,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,182
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
Aug 31, 2016
Sold by
Damiano Peter
Bought by
Gifune Anthony J

Purchase Details

Closed on
May 6, 2016
Sold by
Rome City Of
Bought by
Damiano Peter

Purchase Details

Closed on
Feb 11, 2009
Sold by
Stoy Aexis
Bought by
Vandresar Stuart C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
13.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2008
Sold by
Calandra D J
Bought by
Stoy Alexis

Purchase Details

Closed on
Jun 9, 1997
Sold by
Schaal Randy J-Bankr
Bought by
Dennis Calandra
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brown Tamica $63,000 None Available
Gifune Anthony J -- --
Damiano Peter $3,000 --
Vandresar Stuart C $30,000 Timothy Benedict
Stoy Alexis $45,000 Cohen & Cohen
Dennis Calandra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gifune Anthony J $45,000
Previous Owner Vandresar Julie A $30,000
Previous Owner Vandresar Stuart C $30,000
Previous Owner Stoy Alexis $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $60,000 -14.3% $30 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $69,999 -- $35 / Sq Ft
Source: Mid New York Regional MLS

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 $4,002 $30,000 $2,200 $27,800
2023 $849 $30,000 $2,200 $27,800
2022 $1,357 $30,000 $2,200 $27,800
2021 $1,315 $30,000 $2,200 $27,800
2020 $1,302 $30,000 $2,200 $27,800
2019 $299 $30,000 $2,200 $27,800
2018 $1,229 $30,000 $2,200 $27,800
2017 $1,201 $30,000 $2,200 $27,800
2016 $2,390 $30,000 $2,200 $27,800
2015 -- $12,200 $2,200 $10,000
2014 -- $12,200 $2,200 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1341693

Mid New York Regional MLS

APN: 242-074-0002-025-002-0000