NOT LISTED FOR SALE

508 N Madison St Rome, NY 13440

Estimated Value: $88,000 - $116,409

4 Beds
2 Baths
1,923 Sq Ft
$55/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $38,000 $20 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $678/month

342 Days on Market

About This Home

As of November 2018

GREAT INVESTMENT PROPERTY! 2 units with spacious downstairs/upstairs living area in both units. The front is a large 3 bedroom with the bedrooms and bath located upstairs. The back is a large 1 bedroom with a bonus room. Dont miss this! Schedule a showing!

Last Agent to Sell the Property

Anyssa Harris

Listing by Shamrock Real Estate Inc License #10311209871 Listed on: 10/13/2017

Last Buyer's Agent

Jay Groah

Listing by Howard Hanna Cny Inc License #40GR1122778

Howard Hanna Cny Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 77 x 40

Parking

  • Dirt Driveway

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,923 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 242.034-0001-001

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Age: 88
  • NY Swis Code: Rome-Inside-301301
  • Total Assessed Value: 48000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 77
  • Lot Dimension Front: 40
  • Nearest Cross Street: William St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 542857.14
  • Ratio Close Price By Sq Ft: 19.76
  • Ratio List Price By Acres: 612857.14
  • Ratio List Price By Sq Ft: 22.31
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt
  • School Tax: 1419
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing Unknown
  • Age of Building: 93
  • Year Built: 1929
  • Directions To Property: None provided
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Basement Description: Full
  • Number of Rooms: 10
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1923

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0700

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: Dirt

Utilities

  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Sewer Water: Public Sewer Connected, Public Water Connected

Schools

  • School District: Rome

Lot Info

  • Parcel Number: 242.034-0001-001

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4366

MLS Schools

  • School District Name: Rome

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2008
Sold by
Bolanowski Josephine
Bought by
Foster Scott
Current Estimated Value
$105,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,108
Outstanding Balance
$24,421
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,666
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
Foster Scott $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Scott $47,108
Previous Owner Barber Christopher $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $38,000 -15.4% $20 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
10/13/2017 10/13/17 For Sale $44,900 -- $23 / 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 $4,576 $38,500 $4,000 $34,500
2023 $1,089 $38,500 $4,000 $34,500
2022 $1,742 $38,500 $4,000 $34,500
2021 $1,853 $38,500 $4,000 $34,500
2020 $1,884 $43,400 $4,900 $38,500
2019 $479 $43,400 $4,900 $38,500
2018 $1,967 $48,000 $6,000 $42,000
2017 $1,921 $48,000 $6,000 $42,000
2016 $4,225 $48,000 $6,000 $42,000
2015 -- $48,000 $6,000 $42,000
2014 -- $48,000 $6,000 $42,000
Source: Public Records

Agents Affiliated with this Home

  • Anyssa Harris

    Seller's Agent in 2018

    Anyssa Harris

    Shamrock Real Estate Inc

    (315) 335-3591

    64 in this area

    156 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Jay Groah

    Howard Hanna Cny Inc

    Section Image
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Map

Source: Mid New York Regional MLS

MLS Number: 1704159

Mid New York Regional MLS

APN: 242-034-0001-001-000-0000

New York Oneida County Rome 13440

508 N Madison St, Rome, NY

This home is located at 508 N Madison St, Rome, NY 13440 since 13 October 2017 and is currently estimated at $105,102, approximately $54 per square foot. This property was built in 1929. 508 N Madison St is a home located in Oneida County with nearby schools including Louis V. Denti Elementary School, George R. Staley Upper Elementary School, and Lyndon H. Strough Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mid New York Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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