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516 2nd Street

516 2nd Street, Syracuse, NY 13209
Property in Solvay
Sold Jan 17, 2024
$99,000
$94,050 by Syracuse Cooperative Federal C
Mortgage Due Jan 17, 2054
Sold Apr 19, 2013
$72,500
516 2nd Street has been categorized by the local assessors in Syracuse, NY as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1950. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 516 2nd Street has 1,504 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of a material which is produced from two or more constituent materials. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jan 11, 2024 for $99,000. That's $65.82 per sqft. Prior to that sales transaction, the property was also sold in Apr 19, 2013 for $72,500. 516 2nd Street was last assessed in 2023. The total value of the property was assessed at $62,300. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $52,300. 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.

Building Features

Exterior

Aluminum Siding

Parking

Detached Garage
Paved Parking

Driveway

Paved Driveway

Location

Near Public Transit
Private Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,504
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOYD & EXT BL 3 LT 6 1115294

Ownership

  • Current Owner : WILLIAMS RASHAWN
  • Previous Owner : RAYMOND KERRI L
  • Owner Before Previous Owner: WILLMES ALAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Solvay Union Free School District
  • School Tax School District: SOLVAY
  • Census Tract: 012900

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 313201
  • Section: 4.00
  • Parcel: 313201 004.-07-20.0
  • Block: 7
  • Lot: 20.000
  • Municipality: SOLVAY
  • Latitude: 43.0604
  • Longitude: -76.2201

    Address

  • Full Address: 516 2nd St
  • Address - House Number: 516
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Syracuse
  • Carrier Code: C031
  • 4-Digit Zip Code: 2142
  • Zip Code: 13209

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 313202

    Appraisal Valuation

  • Standard Deviation: 0.1062
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 89
  • Final Value: 76,096
  • High Value: 84,178
  • Low Value: 68,014

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $104,050
  • First Open Lien Mortgage Lender: SYRACUSE COOPERATIVE FEDERAL C
  • First Open Lien Mortgage Recording Date: Jan 17, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $94,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 17, 2054
  • Second Open Lien Mortgage Lender: SYRACUSE COOPERATIVE FEDERAL C
  • Second Open Lien Mortgage Recording Date: Jan 17, 2024
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Jan 17, 2054

    Market Valuation

  • Market Total Value: $99,680
  • Market Land Value: $16,000
  • Market Improvement Value: $83,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,300
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $52,300

    Sales

  • Current Sale Contract Date: Jan 11, 2024
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Transaction ID: 11919849073
  • Current Sale Price: $99,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20240-00001908
  • Previous Sale Recording Date: Apr 19, 2013
  • Previous Sale Contract Date: Apr 19, 2013
  • Previous Sale Amount: $72,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYRACUSE COOPERATIVE FEDERAL C
  • First Mortgage Transaction Date: Jan 17, 2024
  • First Mortgage Loan Amount: $94,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Solvay



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Frequently Asked Questions

What neighborhood is 516 2nd Street located in?
The 516 2nd Street is a located in the neighborhood of Solvay in Solvay, Syracuse.
What is the average sales price for listings in 516 2nd Street?
The average sales price for units in 516 2nd Street is $0 currently.

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