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501 Old Lane Road

501 Old Lane Road, Vestal, NY 13850
Property in Vestal
Sold Aug 02, 2021
$212,000
$169,600 by A&d Mortgage Llc
Mortgage Due Aug 01, 2051
Sold Apr 27, 2015
$150,000
501 Old Lane Road in Vestal, NY was first built in 1966 and is 58 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 501 Old Lane Road has 2,660 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 308 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. The property was last sold in Jun 15, 2021 for $212,000. That's $79.70 per sqft. Prior to that sales transaction, the property was also sold in Apr 16, 2015 for $150,000. 501 Old Lane Road was last assessed in 2023. The total value of the property was assessed at $227,100. Specifically, the land the property is located on was valued at $22,700. While improvements on the property were assessed at a total of $204,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,497. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
Garage Parking
Garage Door Opener

Accessibility

ADA Access

Condition

Level Lot
Sloped Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1980
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Frontage Feet: 1,268
  • Total Building Area: 2,660
  • Building Area: 2,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,660
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUTTERNUT HILLS SUBDIVISION NO 2
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 018000000200B2080000

Ownership

  • Current Owner : HOSSAIN MD D
  • Previous Owner : AHMAD MUBSHAR
  • Owner Before Previous Owner: STACK LAWRENCE E

Neighborhood

  • School District Name: Vestal Central School District
  • School Tax School District: VESTAL
  • Census Tract: 014301

Zoning

  • Zoning: RA-2

Geography

  • Account Number: 48599400100
  • District: 034800
  • Section: 159.09
  • Parcel: 034800 159.09-1-9
  • Block: 1
  • Lot: 9.000
  • Municipality: VESTAL
  • Latitude: 42.0988
  • Longitude: -75.9729

    Address

  • Full Address: 501 Old Lane Rd
  • Address - House Number: 501
  • Address - Street Name: Old Lane
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Vestal
  • Carrier Code: C014
  • 4-Digit Zip Code: 3517
  • Zip Code: 13850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,497
  • Tax Rate Code Area: 34801

    Appraisal Valuation

  • Standard Deviation: 0.2664
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 62
  • Final Value: 254,822
  • High Value: 322,709
  • Low Value: 186,935

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,600
  • First Open Lien Mortgage Lender: A&D MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $169,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $227,100
  • Market Land Value: $22,700
  • Market Improvement Value: $204,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,100
  • Assessed Land Value: $22,700
  • Assessed Improvements Value: $204,400

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11846257160
  • Current Sale Price: $212,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202100021267
  • Previous Sale Recording Date: Apr 27, 2015
  • Previous Sale Contract Date: Apr 16, 2015
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: A&D MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $169,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Broome



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Frequently Asked Questions

What neighborhood is 501 Old Lane Road located in?
The 501 Old Lane Road is a located in the neighborhood of Vestal in Broome, Vestal.
What is the average sales price for listings in 501 Old Lane Road?
The average sales price for units in 501 Old Lane Road is $0 currently.

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