NOT LISTED FOR SALE

501 Montrose Ave Syracuse, NY 13219

Estimated Value: $249,600 - $317,000

4 Beds
2 Baths
2,911 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $255,000 $88 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,979/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Window Unit Cooling System
  • Property is near public transit
  • Balcony
  • Ceiling Fan

About This Home

As of November 2023

Are 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.

Last Agent to Sell the Property

Thomas Tarry

Listing by Move Real Estate License #10491210949 Listed on: 09/01/2023

Co-Listed By

Jodi Tarry

Listing by Move Real Estate License #10401282542

Last Buyer's Agent

Courtney Joslin

Listing by Acropolis Realty Group LLC License #10401342903

Acropolis Realty Group LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,020

Year Built

Built in 1930

Lot Details

0

Parking

9

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Gardener, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1930
  • Lot Features: Near Public Transit
  • Co List Office Mls Id: TMG01
  • Co List Office Phone: 315-430-4894
  • Subdivision Name: Draper Tract
  • Directions: Take West Genesee Street and tuen onto Montrose Ave. Home is on the left hand side.
  • Architectural Style: Duplex
  • Flooring: Hardwood, Laminate, Resilient, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1313
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Copper Plumbing
  • Exterior Features: Balcony, Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Garage Spaces: 9.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Gravity
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Solvay

Lot Info

  • Parcel Number: 313201-016-000-0002-011-000-0000
  • Lot Dimensions: 44X130
  • Lot Size Sq Ft: 5720.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6020.0
  • Tax Lot: 11

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%
Current Estimated Value
$269,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,968
Avg. Annual Appreciation
9.10%
Original Mortgage
$79,122
Outstanding Balance
$55,270
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,514
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
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

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 $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

    Seller's Agent in 2023

    Thomas Tarry

    Move Real Estate

    (315) 430-4894

    3 in this area

    266 Total Sales

    Section Image
  • Jodi Tarry

    Seller Co-Listing Agent in 2023

    Jodi Tarry

    Move Real Estate

    (315) 558-3966

    1 in this area

    160 Total Sales

    Section Image
  • Courtney Joslin

    Buyer's Agent in 2023

    Courtney Joslin

    Acropolis Realty Group LLC

    (315) 395-5875

    1 in this area

    59 Total Sales

    Section Image

  • A

    Seller's Agent in 2022

    Anthony George

    Hunt Real Estate

    (315) 863-4449

    1 in this area

    5 Total Sales

    Section Image

  • 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

    46 Total Sales

    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1494673

Central New York Information Services

APN: 313201-016-000-0002-011-000-0000

New York Onondaga County Syracuse 13219

501 Montrose Ave, Syracuse, NY

This home is located at 501 Montrose Ave, Syracuse, NY 13219 since 01 September 2023 and is currently estimated at $280,150, approximately $96 per square foot. This property was built in 1930. 501 Montrose Ave is a home located in Onondaga County with nearby schools including Solvay Elementary School, Solvay Middle School, and Solvay High School.

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