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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
201 days on
5540 State Route 80
Tully, NY 13159
4 Beds
5 Baths
5,151 ft2
$879,900 Estimate:
Estimated Payment:$3,304/mo

Custom estate constructed with only the finest materials & workmanship

Solid Black Cherry doors and finish throughout. Brazilian Mahogany floor with deep red color beautifully matches the Black Cherry. Kitchen area is center point of home. Island & morning room are the gathering areas. Formal dining room w butler pantry. Living room w 4X4' Rumford fireplace. Master suite has everything you would expect plus a gas fire place and sunporch. Finished lower level with 4th bedroom, full bath, family room, game & fitness room. Wine cellar and sauna complete the lower level. Large covered porch/patio for outside cooking & dining. Mechanical systems include whole house sound system, automatic backup generator, in-floor heat & gas furnace and central air. One of a kind estate sure to impress.

Property type
Single Family Home
Two Story
Year built
Garage Door Opener, Driveway - Blacktop, Driveway - Circular, Driveway - Parking Area, Driveway - Turnaround, Garage - Attached
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My Home Features


Bedrooms: 4
Virtual Tour: virtual tour | Room Types: Recreation, Bonus, Den, Family Room, Sun, Living Room, Morning Room, Breakfast Room | Basement: Walk Out, Full, Finished - Partial


# of Full Bathrooms: 4
# of Half Bathrooms: 1


Features: Vacuum - Central, Natural Woodwork, Sauna


Features: Barbecue, Cable, Hot Tub / Spa, Playset / Swingset, Thermal Windows, Porch - Open | Pool: In Ground | Irrigation: Sprinkler(s)


Property Types: Single Family Home | Year Built: 2006 | Structure: Two Story | Architecture: Ranch | Roof: Composition, Shingle or Shake, Sloped | Siding: Composition | Foundation: Poured | Plumbing: Copper - Partial | Floors: Wood - Hard, Tile

Garage & Parking

Parking: Garage Door Opener, Driveway - Blacktop, Driveway - Circular, Driveway - Parking Area, Driveway - Turnaround, Garage - Attached


Lot size: 11.7000 acres | Lot Features: Secluded


County: Onondaga | Directions: From Exit 14 of I81 W on Rt 80 0.5 miles, property on L. | MLS #: S1188602



Appliances: Water Softener - Owned, Convection, Dishwasher, Oven - Dual, Dryer, Dual Fuel Range, Microwave, Oven/Range Built-In, Gas Oven / Range, Refrigerator - Built-in, Washing Machine, Wine Cooler, Water Heater - Gas, Water Heater - Tankless

Heating & Cooling

Air Conditioning: Wall Unit(s), Central Air, Multi-Zone | Heating: Gas, Forced Air, Furnace - Floor, Steam or Hot Water Heating, Programmable Thermostat, Radiant | Fireplaces: 4

Utilities & Security

Utilities: High Speed Internet | Sewer Service: Septic | Water Source: Well | Safety and Security: Circuit Breakers, Security System - Owned


Accessibility: Entry Level Bedroom, No Interior Steps


School District: Tully | Elementary School: Tully Elementary | High School: Tully Junior-Senior High Estimated Value

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Source: County(Public) Records

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Local Insights

Listing provided by: Bruce M. Graham 

Listing courtesy of: Bruce Graham Real Estate, LLC |  (315) 696-5758 

Tools for buyers

Data provided by: Buffalo Niagara Association of REALTORS®
Last detected update: July 25, 2019 08:47AM EST ~ Verified on November 09, 2019 07:03PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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