NOT LISTED FOR SALE

525 Lynch Ave Syracuse, NY 13207

Elmwood Neighborhood

Estimated Value: $156,291 - $171,000

2 Beds
1 Bath
936 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $38,742 $41 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $951/month

297 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of March 2016

Perfect starter home with updated cabinets. HUD homes are sold "AS IS." "HUD properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, disability, familial status, or national origin." Listing can be found on www.hudhomestore.com Case # 371-361972 Insurability Code is: IN Insurable

Last Agent to Sell the Property

John Adolfi

Listing by Dropped Members License #10311200327 Listed on: 04/21/2015

Last Buyer's Agent

Bob Schultz

Listing by Dropped Members License #30SC0792041

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 112 x 62
  • Fenced Yard

Home Design

  • Block Foundation

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near bus stop

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 311500-074-000-0008-002-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 70
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 63000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 62
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 287043.7500
  • List Price per Sq Ft: 49.0673
  • Nearest Cross Street: South Ave
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 242137.50
  • Ratio Close Price By Sq Ft: 41.39
  • Ratio List Price By Acres: 287043.75
  • Ratio List Price By Sq Ft: 49.07
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • School Tax: 1093
  • Sale Price List Price: 0.8435
  • S P Per Acre: 242137.5000
  • S P Per Sq Ft: 41.3900
  • Styles of Residence: Ranch
  • Sub Board Code: Syracuse
  • Type of Sale: HUD or Govt Owned
  • Value Range Search Low Price: 45927.00
  • Year Built Description: Existing
  • Age of Building: 77
  • Year Built: 1945
  • Directions To Property: West Seneca Turnpike to South Ave, left onto Lynch Ave and the house is on the left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1945

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, Living Room
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Tile-Some
  • Kitchen Appliances Included: Oven/Range Gas, Range Hood-Exhaust Fan
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 936

Exterior Features

  • Construction: Shake Shingle, Wood
  • Additional Exterior Features: Cable TV Available, Deck, Fully Fenced Yard
  • Number of Acres: 0.1600

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 311500-074-000-0008-002-000-0000

Tax Info

  • Total Taxes: 2866

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Stage One Properties Llc
Bought by
Bishop Ian B
Current Estimated Value
$165,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Outstanding Balance
$139,129
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$25,944

Purchase Details

Listed on
Apr 21, 2015
Closed on
Mar 22, 2016
Sold by
Housing & Urban Developme
Bought by
Stage One Properties Llc
Seller's Agent
John Adolfi
Dropped Members
Buyer's Agent
Bob Schultz
Dropped Members
List Price
$63,000
Sold Price
$38,742
Premium/Discount to List
-$24,258
-38.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%

Purchase Details

Closed on
Jun 11, 2014
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And

Purchase Details

Closed on
Dec 2, 2013
Sold by
Allen Michel
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 28, 2005
Sold by
Daly James
Bought by
Gathje Randi

Purchase Details

Closed on
Apr 8, 1998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bishop Ian B $145,000 None Available
Stage One Properties Llc $39,000 William J. Baskin
Stage One Properties Llc $39,000 William J. Baskin
Secretary Of Housing And $500 Boul Michaelson, Connor, And
Secretary Of Housing And $500 Boul Michaelson, Connor, And
Wells Fargo Bank Na $48,720 Woods Oviatt Gilman, Llp
Wells Fargo Bank Na $48,720 Woods Oviatt Gilman, Llp
Gathje Randi $64,500 Rose & Jordan
Gathje Randi $64,500 Rose & Jordan
-- $47,500 --
-- $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Ian B $140,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $38,742 -38.5% $41 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
04/21/2015 04/21/15 For Sale $63,000 -- $67 / 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 $1,130 $63,000 $9,900 $53,100
2023 $1,150 $63,000 $9,900 $53,100
2022 $1,170 $63,000 $9,900 $53,100
2021 $1,170 $63,000 $9,900 $53,100
2020 $1,226 $63,000 $9,900 $53,100
2019 $1,225 $63,000 $9,900 $53,100
2018 $1,225 $63,000 $9,900 $53,100
2017 $1,180 $63,000 $9,900 $53,100
2016 $1,199 $63,000 $9,900 $53,100
2015 -- $63,000 $9,900 $53,100
2014 -- $63,000 $9,900 $53,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Adolfi

    Dropped Members

    Section Image

  • B

    Buyer's Agent in 2016

    Bob Schultz

    Dropped Members

    Section Image
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Map

Source: Central New York Information Services

MLS Number: S330138

Central New York Information Services

APN: 311500-074-000-0008-002-000-0000

New York Onondaga County Syracuse 13207 Elmwood

525 Lynch Ave, Syracuse, NY

Not Listed for Sale

Detached

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