NOT LISTED FOR SALE

14 Wallace Ave Unit 16 Auburn, NY 13021

Estimated Value: $102,000 - $152,000

6 Beds
2 Baths
2,214 Sq Ft
$60/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $32,000 $14 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $886/month

69 Days on Market

About This Home

As of March 2017

Great opportunity in city of Auburn! Potential for great rental income potential. Separate utilities, newer roof, open floor plans. Upper unit has handicap bathroom. Close to all by 5-10 min. Priced for quick sale.

Last Agent to Sell the Property

Donna Fellows

Listing by Berkshire Hathaway CNY Realty License #10301201267 Listed on: 12/03/2016

Berkshire Hathaway CNY Realty

Last Buyer's Agent

Laurie Wood

Listing by Land of Lakes Realty, Inc. License #10301201544

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,233 Sq Ft Lot
  • Lot Dimensions are 125 x 49

Parking

  • 1 Car Garage

Interior Spaces

  • 2,214 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes no utilities
  • Assessor Parcel Number 050100-115-065-0001-018-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Auburn-050100
  • Total Assessed Value: 77900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 49
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Columbus
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 223619.85
  • Ratio Close Price By Sq Ft: 14.45
  • Ratio List Price By Acres: 243885.39
  • Ratio List Price By Sq Ft: 15.76
  • Regional Board Code: Syracuse
  • Rent Includes: No Utilities
  • School Tax: 1416
  • Sub Board Code: Syracuse
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 6233
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: Columbus to Wallace
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Total Sq Ft: 2214

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1431

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected

Lot Info

  • Parcel Number: 050100-115-065-0001-018-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2082

MLS Schools

  • School District Name: Auburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2016
Closed on
Feb 17, 2017
Sold by
U S Bank National Association
Bought by
Oralls Anel and Oralls Milford
Seller's Agent
Donna Fellows
Berkshire Hathaway CNY Realty
Buyer's Agent
Laurie Wood
Land of Lakes Realty, Inc.
List Price
$44,900
Sold Price
$32,000
Premium/Discount to List
-$12,900
-28.73%
Current Estimated Value
$132,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,403
Avg. Annual Appreciation
17.91%

Purchase Details

Closed on
Jul 28, 2016
Sold by
Deorio Terry B
Bought by
U S Bank National Association and Ows Reo Trust 2012 1

Purchase Details

Closed on
Oct 31, 2008
Sold by
Keim Michael
Bought by
Deorio Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,490
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2006
Sold by
Webster Clifford
Bought by
Keim Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oralls Anel $32,000 None Available
U S Bank National Association $109,426 None Available
Deorio Terry $76,100 Bruce Poushter
Keim Michael $49,900 Howard Clark
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deorio Terry $75,490
Previous Owner Keim Michael $44,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $32,000 -8.3% $14 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/24/2017 01/24/17 Price Changed $34,900 -12.5% $16 / Sq Ft
12/17/2016 12/17/16 Price Changed $39,900 -11.1% $18 / Sq Ft
12/03/2016 12/03/16 For Sale $44,900 -- $20 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,306 $98,900 $13,400 $85,500
2023 $2,303 $98,900 $13,400 $85,500
2022 $2,349 $98,900 $13,400 $85,500
2021 $2,192 $80,000 $12,000 $68,000
2020 $2,165 $80,000 $12,000 $68,000
2019 $680 $80,000 $12,000 $68,000
2018 $2,119 $80,000 $12,000 $68,000
2017 $2,132 $77,900 $12,300 $65,600
2016 $3,032 $77,900 $12,300 $65,600
2015 $789 $77,900 $12,300 $65,600
2014 $789 $77,900 $12,300 $65,600
Source: Public Records

Agents Affiliated with this Home

  • Donna Fellows

    Seller's Agent in 2017

    Donna Fellows

    Berkshire Hathaway CNY Realty

    (315) 374-0027

    1 in this area

    70 Total Sales

    Donna Fellows
    Section Image
  • Laurie Wood

    Buyer's Agent in 2017

    Laurie Wood

    Land of Lakes Realty, Inc.

    (315) 730-5207

    59 Total Sales

    Laurie Wood
    Section Image
See All Agents

Map

Source: Central New York Information Services

MLS Number: S1016386

Central New York Information Services

APN: 050100-115-065-0001-018-000-0000

New York Cayuga County Auburn 13021

14 Wallace Ave Unit 16, Auburn, NY

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