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507 Exchange Avenue

507 Exchange Avenue, Endicott, NY 13760
Property in Union
Sold Jun 12, 2012
$116,600
$114,488 by First Priority Mortgage Inc
Mortgage Due Jul 01, 2042
Sold Apr 19, 2005
$84,000
$67,200 by Visions Fcu
Mortgage Due May 01, 2020
Local assessors in Endicott, NY have categorized 507 Exchange Avenue as a residential type of property. The home was built in 1916 and is 108 years old. The property's lot size has been calculated to be 7,850 square feet. The linear feet between the front and back of the lot was measured at 1,570 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 507 Exchange Avenue has a total of 1,612 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 540 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 507 Exchange Avenue sold most recently in May 25, 2012 for a total of $116,600. If you work out the math, that's approximately a cost of $72.33 per sqft. Before that, the property was also sold for $84,000 in Apr 18, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,193 in taxes each year. 507 Exchange Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,500. If we break it down further, the land itself was valued at $700. Improvements to the property, however, were assessed at a total of $3,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,850
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,612
  • Gross Building Area: 1,612
  • Building Area: 1,612
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,612
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: R2 0020L4000P0720000000

Ownership

  • Current Owner : BROWN JENNIFER
  • Current Owner 2: HICKEY KENNETH
  • Previous Owner : JOHNSON DEBORAH A
  • Owner Before Previous Owner: SILVERNAIL ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union-Endicott Central School District
  • School Tax School District: UNION-ENDICOTT
  • Census Tract: 013700

Zoning

  • Zoning: UTF

Geography

  • Account Number: 46000210160
  • District: 034601
  • Section: 157.13
  • Parcel: 034601 157.13-5-39
  • Block: 5
  • Lot: 39.000
  • Municipality: ENDICOTT
  • Latitude: 42.0924
  • Longitude: -76.0649

    Address

  • Full Address: 507 Exchange Ave
  • Address - House Number: 507
  • Address - Street Name: Exchange
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Endicott
  • Carrier Code: C022
  • 4-Digit Zip Code: 6019
  • Zip Code: 13760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,193
  • Tax Rate Code Area: 034601

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 593,974
  • High Value: 863,755
  • Low Value: 324,192

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,488
  • First Open Lien Mortgage Lender: FIRST PRIORITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 12, 2012
  • First Open Lien Mortgage Loan Amount: $114,488
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2042

    Market Valuation

  • Market Total Value: $130,058
  • Market Land Value: $20,231
  • Market Improvement Value: $109,827

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,500
  • Assessed Land Value: $700
  • Assessed Improvements Value: $3,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2012
  • Current Sale Recording Date: Jun 12, 2012
  • Current Sale Transaction ID: 1110664720
  • Current Sale Price: $116,600
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201200024421
  • Previous Sale Recording Date: Apr 19, 2005
  • Previous Sale Contract Date: Apr 18, 2005
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST PRIORITY MORTGAGE INC
  • First Mortgage Transaction Date: Jun 12, 2012
  • First Mortgage Loan Amount: $114,488
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: VISIONS FCU
  • Previous Mortgage Transaction Date: Apr 19, 2005
  • Previous Mortgage Loan Amount: $67,200
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2020

About Endicott



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Frequently Asked Questions

What neighborhood is 507 Exchange Avenue located in?
The 507 Exchange Avenue is a located in the neighborhood of Union in Endicott, Endicott.
What is the average sales price for listings in 507 Exchange Avenue?
The average sales price for units in 507 Exchange Avenue is $0 currently.

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