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1501 Tibbits Avenue

1501 Tibbits Avenue, Troy, NY 12180
Property in Troy
Sold Oct 04, 2016
$146,000
$141,620 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2046
Sold Oct 16, 2014
$145,500
$109,125 by Chemung Canal Trust Co
Mortgage Due Jan 01, 2029
1501 Tibbits Avenue has been categorized by the local assessors in Troy, NY as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1501 Tibbits Avenue has 1,044 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 712 ft. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 384 sqft. According to our sources, there is one available parking space. 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1501 Tibbits Avenue was last sold in Sep 23, 2016 for $146,000. According to our calculations, that's $139.85 per sqft. Prior to that sales transaction, the property was sold for $145,500 in Sep 27, 2014. Current property owners are expected to pay $4,099 in taxes per year. The property on 1501 Tibbits Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $120,000. To break that down further, the land itself was valued at $16,000. While improvements to the property were assessed at a total of $104,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 712
  • Total Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,044
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 STY FR HSE & 1C FR GAR /FORM TIBBITS LAND

Ownership

  • Current Owner : VACCARO THOMAS
  • Previous Owner : TIBBITS AVE LLC
  • Owner Before Previous Owner: 1501 TIBBITS AVENUE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Troy City School District
  • School Tax School District: TROY
  • Census Tract: 040702

Zoning

  • Zoning: R1

Geography

  • Account Number: 1807310
  • District: 381700
  • Section: 101.71
  • Parcel: 381700 101.71-6-1
  • Block: 6
  • Lot: 1.000
  • Municipality: TROY
  • Latitude: 42.7255
  • Longitude: -73.6783

    Address

  • Full Address: 1501 Tibbits Ave
  • Address - House Number: 1501
  • Address - Street Name: Tibbits
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Troy
  • Carrier Code: C096
  • 4-Digit Zip Code: 3631
  • Zip Code: 12180

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,099
  • Tax Rate Code Area: 381700

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 239,439
  • High Value: 276,527
  • Low Value: 202,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,620
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 04, 2016
  • First Open Lien Mortgage Loan Amount: $141,620
  • 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 01, 2046

    Market Valuation

  • Market Total Value: $171,400
  • Market Land Value: $22,853
  • Market Improvement Value: $148,547

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,000
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $104,000

    Sales

  • Current Sale Contract Date: Sep 23, 2016
  • Current Sale Recording Date: Oct 04, 2016
  • Current Sale Transaction ID: 1844149375
  • Current Sale Price: $146,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 16, 2014
  • Previous Sale Contract Date: Sep 27, 2014
  • Previous Sale Amount: $145,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 04, 2016
  • First Mortgage Loan Amount: $141,620
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: CHEMUNG CANAL TRUST CO
  • Previous Mortgage Transaction Date: Oct 16, 2014
  • Previous Mortgage Loan Amount: $109,125
  • Previous Mortgage Term: 170
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2029

About Troy



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Frequently Asked Questions

What neighborhood is 1501 Tibbits Avenue located in?
The 1501 Tibbits Avenue is a located in the neighborhood of Troy in Troy, Troy.
What is the average sales price for listings in 1501 Tibbits Avenue?
The average sales price for units in 1501 Tibbits Avenue is $0 currently.

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