Seller's Agent in 2023
Thomas Tarry
Move Real Estate
(315) 430-4894
3 in this area
256 Total Sales
501 Montrose Ave Syracuse, NY 13219
Solvay NeighborhoodEstimated Value: $195,209 - $295,000
4
Beds
2
Baths
2,911
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Window Unit Cooling System
- Property is near public transit
- Balcony
- Ceiling Fan
About This Home
As of November 2023Are you in search of a low maintenance investment property? This property has a brand new roof and other cosmetic upgrades which saves you money. The building boasts 2 gorgeous apartments with paying tenants and a garage that holds 9 vehicles. The garage is currently rented out for $350 per month and this arrangement will end with the sale of the property. The building is located on a large corner lot near not far from shopping, dining and entertainment options. The home is on the Solvay Rental Registry and has been inspected by the Town Code Enforcement Officer. If you're a savvy investor make sure you take a look at 501 Montrose Ave.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,020
Year Built
- Built in 1930
Lot Details
- 5,720 Sq Ft Lot
- Lot Dimensions are 44x130
Parking
- 9 Car Garage
Home Design
- Duplex
- Stone Foundation
- Aluminum Siding
- Steel Siding
- Copper Plumbing
Interior Spaces
- 2,911 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Gravity Heating System
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Rent includes electricity, gardener, heat, hot water, snow removal, trash collection, water
- Tax Lot 11
- Assessor Parcel Number 313201-016-000-0002-011-000-0000
Community Details
Overview
- 2 Units
- Draper Tract Subdivision
Building Details
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2011
Closed on
Jan 10, 2012
Sold by
Yvonne M Ostrander Trust Beverly Carusone Tru
Bought by
George Christopher J
Seller's Agent
MARY TOMAN
Drops for Syracuse
Buyer's Agent
Karl Ashley
Ashley Real Estate
List Price
$139,900
Sold Price
$79,785
Premium/Discount to List
-$60,115
-42.97%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,517
Avg. Annual Appreciation
8.90%
Original Mortgage
$79,122
Outstanding Balance
$55,270
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,032
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| George Christopher J | $76,595 | David Vickers |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | George Christopher J | $79,122 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $255,000 | +2.0% | $88 / Sq Ft |
| 09/06/2023 09/06/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | For Sale | $249,900 | +35.1% | $86 / Sq Ft |
| 11/22/2022 11/22/22 | Sold | $185,000 | 0.0% | $64 / Sq Ft |
| 10/09/2022 10/09/22 | Pending | -- | -- | -- |
| 09/21/2022 09/21/22 | For Sale | $185,000 | +131.9% | $64 / Sq Ft |
| 01/16/2012 01/16/12 | Sold | $79,785 | -43.0% | $27 / Sq Ft |
| 11/08/2011 11/08/11 | Pending | -- | -- | -- |
| 08/17/2011 08/17/11 | For Sale | $139,900 | -- | $48 / Sq Ft |
Source: Central New York Information Services
Tax History Compared to Growth
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 | $6,028 | $103,600 | $11,600 | $92,000 |
| 2023 | $6,039 | $91,300 | $11,600 | $79,700 |
| 2022 | $5,882 | $90,300 | $11,600 | $78,700 |
| 2021 | $5,819 | $90,300 | $11,600 | $78,700 |
| 2020 | $4,602 | $90,300 | $11,600 | $78,700 |
| 2019 | $1,386 | $90,300 | $11,600 | $78,700 |
| 2018 | $4,468 | $90,300 | $11,600 | $78,700 |
| 2017 | $1,638 | $90,300 | $11,600 | $78,700 |
| 2016 | $4,386 | $90,300 | $11,600 | $78,700 |
| 2015 | -- | $90,300 | $11,600 | $78,700 |
| 2014 | -- | $90,300 | $11,600 | $78,700 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Tarry
-
Jodi Tarry
Seller Co-Listing Agent in 2023
Jodi Tarry
Move Real Estate
(315) 558-3966
1 in this area
152 Total Sales
-
Courtney Joslin
Buyer's Agent in 2023
Courtney Joslin
Acropolis Realty Group LLC
(315) 395-5875
1 in this area
56 Total Sales
-
Anthony George
A
Seller's Agent in 2022
Anthony George
Hunt Real Estate
(315) 863-4449
1 in this area
5 Total Sales
-
M
Seller's Agent in 2012
MARY TOMAN
Drops for Syracuse
-
Karl Ashley
Buyer's Agent in 2012
Karl Ashley
Ashley Real Estate
(315) 727-3005
49 Total Sales
Map
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Source: Central New York Information Services
MLS Number: S1494673
APN: 313201-016-000-0002-011-000-0000
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