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525 Bacon Street

525 Bacon Street, Utica, NY 13501
Property in Lower Eastside
Sold Jul 15, 2020
$79,000
Sold Mar 31, 2017
$65,000
$48,750 by Key Bank Na
Mortgage Due Jan 01, 2047
525 Bacon Street in Utica, NY was first built in 1920 and is 104 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, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 525 Bacon Street has 2,442 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. The linear feet across the front of the lot is 350 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 4,200 square feet.

Learn more about the property and building on this page. 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 detached garage. There are a total of 2 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 alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 525 Bacon Street sold most recently in Feb 28, 2020 for a total of $79,000. If you work out the math, that's approximately a cost of $32.35 per sqft. Before that, the property was also sold for $65,000 in Mar 31, 2017. 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 $1,907 in taxes each year. 525 Bacon Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,000. If we break it down further, the land itself was valued at $6,100. Improvements to the property, however, were assessed at a total of $40,900. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 6
  • 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
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,442
  • Gross Building Area: 2,442
  • Building Area: 2,442
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,442
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.096
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 1-17-03-011 35X120 319.071-0001-046.000/0000

Ownership

  • Current Owner : RUDNICK DAVID
  • Current Owner 2: VITALO STEVEN
  • Previous Owner : DUNWELL PROPERTIES LLC
  • Owner Before Previous Owner: CITRINITI CHRISTINA M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Utica City School District
  • School Tax School District: UTICA
  • Census Tract: 020802

Geography

  • Account Number: 14.176710
  • District: 301600
  • Section: 319.71
  • Parcel: 301600 319.71-1-46
  • Block: 1
  • Lot: 46.000
  • Municipality: UTICA
  • Latitude: 43.0929
  • Longitude: -75.2054

    Address

  • Full Address: 525 Bacon St
  • Address - House Number: 525
  • Address - Street Name: Bacon
  • Address - Suffix Type: St
  • State: NY
  • City Name: Utica
  • Carrier Code: C048
  • 4-Digit Zip Code: 1630
  • Zip Code: 13501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,907
  • Tax Rate Code Area: 301600

    Appraisal Valuation

  • Standard Deviation: 0.279
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 44
  • Final Value: 235,876
  • High Value: 301,687
  • Low Value: 170,064

    Market Valuation

  • Market Total Value: $109,302
  • Market Land Value: $14,186
  • Market Improvement Value: $95,116

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,000
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $40,900

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Transaction ID: 11776017063
  • Current Sale Price: $79,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-008724
  • Previous Sale Recording Date: Mar 31, 2017
  • Previous Sale Contract Date: Mar 31, 2017
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: Jul 15, 2020
  • First Mortgage Loan Amount: $59,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: KEY BANK NA
  • Previous Mortgage Transaction Date: Mar 31, 2017
  • Previous Mortgage Loan Amount: $48,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Jan 01, 2047

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 525 Bacon Street located in?
The 525 Bacon Street is a located in the neighborhood of Lower Eastside in East Utica, Utica.
What is the average sales price for listings in 525 Bacon Street?
The average sales price for units in 525 Bacon Street is $0 currently.

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