NOT LISTED FOR SALE

185 E Genesee St Auburn, NY 13021

Estimated Value: $224,000 - $298,000

7 Beds
3 Baths
6,780 Sq Ft
$37/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $235,000 $35 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,637/month

81 Days on Market

Highlights

  • 0.49 Acre Lot
  • Central Air
  • 1.5 Car Garage
  • Wood Flooring
  • Hot Water Heating System
  • 1-minute walk to Herman Ave Playground

About This Home

As of March 2024

Investors!! How does $4350 gross monthly income sound? This building brings that potential. The first floor was previously remodeled and rented out to a dental office. They have vacated and the first floor is vacant. With very little work this area could be converted into two 3 bedroom apartments. The Current market rent for a nice 3 bedroom apartment is $1500 month. Combine that with the $1350 that the 1 bedroom upper rents for and you can have a nice ROI here. The boiler, windows and both central air units have been recently replaced. There is plenty of off street parking here as well as a garage that has many uses.

Last Agent to Sell the Property

Stephen Baier

Listing by Baier Real Estate LLC License #10491213852 Listed on: 01/08/2024

Last Buyer's Agent

Stephen Baier

Listing by Baier Real Estate LLC License #10491213852 Listed on: 01/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,822

Year Built

  • Built in 1965

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 68x313

Parking

  • 1.5 Car Garage
  • Parking Available

Home Design

  • Block Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 6,780 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes parking, water
  • Tax Lot 29
  • Assessor Parcel Number 050100-115-060-0001-029-000-0000

Community Details

Overview

  • 3 Units
  • Survey Map/Prop/Dental Pr Subdivision

Building Details

  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,822

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Parking, Water
  • Year Built: 1965
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Survey Map/Prop/Dental Pr
  • Directions: Take Genesee St west from downtown, house is on your right
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.4886
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Stone

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Paved, Parking Available, Two or More Spaces, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 050100-115-060-0001-029-000-0000
  • Lot Dimensions: 68X313
  • Lot Size Sq Ft: 21284.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 7822.0
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2007
Sold by
Barrigan Estate Stephanie
Bought by
Ernest M
Current Estimated Value
$253,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Outstanding Balance
$63,543
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$188,616
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ernest M $105,000 Patrick Britt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernest M $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $235,000 -6.0% $35 / Sq Ft
01/08/2024 01/08/24 For Sale $249,900 -- $37 / 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 $3,872 $166,100 $24,000 $142,100
2023 $3,868 $166,100 $24,000 $142,100
2022 $2,716 $166,100 $24,000 $142,100
2021 $2,345 $128,700 $19,900 $108,800
2020 $2,302 $128,700 $19,900 $108,800
2019 $1,094 $128,700 $19,900 $108,800
2018 $2,251 $128,700 $19,900 $108,800
2017 $2,342 $127,900 $19,900 $108,000
2016 $3,173 $127,900 $19,900 $108,000
2015 $1,625 $127,900 $19,900 $108,000
2014 $1,625 $127,900 $19,900 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1513202

Central New York Information Services

APN: 050100-116-041-0001-054-000-0000