$79,785
SOLD JAN 16, 2012

501 Montrose Ave Syracuse, NY 13219

-- Bed
-- Bath
2,911 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

43% Below List Price

83 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Ceiling Fan
  • Corner Lot
  • Property is near a bus stop

About This Home

As of November 2023

GOOD CONDITION 2 FAMILY WITH 3RD FLOOR FINISHED AS A STUDIO, OFFICE, ETC. NEEDS TLC, BUT GOOD PRICE IN AREA. 3 CAR GARAGE WITH LOFT - SOLVAY ELECTRIC. VERY MOTIVATED SELLER.

Last Agent to Sell the Property

MARY TOMAN

Listing by Drops for Syracuse Listed on: 08/17/2011

Last Buyer's Agent

Karl Ashley

Listing by Ashley Real Estate License #10371200812

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 130 x 44
  • Corner Lot

Home Design

  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,911 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Drapes & Rods
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 2 Car Garage
  • Garage Door Opener

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Gravity Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 313201-016-000-0002-011-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,570

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Age: 81
  • NY Swis Code: Solvay-Village-313201
  • Total Assessed Value: 90300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 44
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • L P Per Acre: 838461.5400
  • List Price per Sq Ft: 37.4441
  • Nearest Cross Street: SALISBURY ROAD
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 613730.77
  • Ratio Close Price By Sq Ft: 27.41
  • Ratio List Price By Acres: 838461.54
  • Ratio List Price By Sq Ft: 37.44
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • School Tax: 1570
  • Sale Price List Price: 0.7319
  • S P Per Acre: 613730.7700
  • S P Per Sq Ft: 27.4081
  • Sub Board Code: Syracuse
  • Type of Residence: 3 Unit
  • Value Range Search Low Price: 109000.00
  • Village: Solvay-Village
  • Year Built Description: Existing
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: W. GENESEE STREET OR SALISBURY ROAD TO MONTROSE TO 501
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Natural Woodwork - some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 14
  • Total Sq Ft: 2911

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Cable TV Available, Garage Door Opener
  • Number of Acres: 0.1300

Garage/Parking

  • Number of Electric Meters: 1
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Gravity
  • Number of Gas Meters: 2
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Solvay

Lot Info

  • Parcel Number: 313201-016-000-0002-011-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3570

MLS Schools

  • School District Name: Solvay

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $76,595 David Vickers
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $79,122 Purchase Money Mortgage
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

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Map

Source: Central New York Information Services

MLS Number: S258962

Central New York Information Services

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