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5040 Velasko Road

5040 Velasko Road, Syracuse, NY 13215
Property in Onondaga
Sold Jun 17, 2002
$185,000
$155,900 by Us Bank Na
Mortgage Due Dec 01, 2049
5040 Velasko Road in Syracuse, NY was first built in 1880 and is 144 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5040 Velasko Road has 2,876 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 150,282 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 vinyl in-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 mixed used garage. The garage is 2,040 sqft. There are a total of 10 available parking spaces. 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 wood. As for heating, the home is utilizing a forced air unit and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 14, 2002 for $185,000. That's $64.33 per sqft. 5040 Velasko Road was last assessed in 2023. The total value of the property was assessed at $213,600. Specifically, the land the property is located on was valued at $29,100. While improvements on the property were assessed at a total of $184,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 2,040
  • Parking Space Count: 10
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 150,282
  • Total Building Area: 2,876
  • Building Area: 2,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,876
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 3.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FL 88

Ownership

  • Current Owner : CHAFFEE SCOTT
  • Previous Owner : MEYER MICHAEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westhill Central School District
  • School Tax School District: WESTHILL
  • Census Tract: 016300

Zoning

  • Zoning: 07 - MIXED

Geography

  • District: 314200
  • Section: 18.00
  • Parcel: 314200 018.-01-03.0
  • Block: 1
  • Lot: 3.000
  • Municipality: ONONDAGA
  • Latitude: 43.0153
  • Longitude: -76.1838

    Address

  • Full Address: 5040 Velasko Rd
  • Address - House Number: 5040
  • Address - Street Name: Velasko
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Syracuse
  • Carrier Code: C001
  • 4-Digit Zip Code: 1916
  • Zip Code: 13215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 313201

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 307,805
  • High Value: 377,745
  • Low Value: 237,864

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $275,900
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Nov 14, 2019
  • First Open Lien Mortgage Loan Amount: $155,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049
  • Second Open Lien Mortgage Lender: SYRACUSE COOPERATIVE FEDERAL C
  • Second Open Lien Mortgage Recording Date: Feb 16, 2024
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $120,000
  • Second Open Lien Mortgage Term: 84
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2031

    Market Valuation

  • Market Total Value: $314,118
  • Market Land Value: $42,794
  • Market Improvement Value: $271,324

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,600
  • Assessed Land Value: $29,100
  • Assessed Improvements Value: $184,500

    Sales

  • Current Sale Contract Date: Jun 14, 2002
  • Current Sale Recording Date: Jun 17, 2002
  • Current Sale Transaction ID: 1167895384
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 5040 Velasko Road located in?
The 5040 Velasko Road is a other located in the neighborhood of Onondaga in Onondaga, Syracuse.
What is the average sales price for listings in 5040 Velasko Road?
The average sales price for units in 5040 Velasko Road is $0 currently.

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