NOT LISTED FOR SALE

24 Hoffman St Auburn, NY 13021

Estimated Value: $143,154 - $178,000

5 Beds
3 Baths
2,720 Sq Ft
$58/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $90,000 $33 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,021/month

3 Days on Market

Highlights

  • Private Yard
  • Patio
  • Wall to Wall Carpet
  • Forced Air Cooling System
  • Property is near a bus stop

About This Home

As of September 2019

Investment opportunity, located on the East side of town, minutes from Hoopes Park, Wegmans, shops and restaurants. This classic home offers three residencies, all units have separate utilities. All apartments are occupies and have long term tenants that would like to stay.

Last Agent to Sell the Property

Mattie Tracy

Listing by Coldwell Banker Prime Properti License #10401273741 Listed on: 07/15/2019

Coldwell Banker Prime Properti

Last Buyer's Agent

Pat Picciano

Listing by Picciano Real Estate License #37PI0019677

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 1920

Lot Details

  • 5,670 Sq Ft Lot
  • Lot Dimensions are 105 x 54
  • Private Yard

Home Design

  • Stone Foundation

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes water
  • Tax Lot 57
  • Assessor Parcel Number 050100-116-046-0002-057-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $5,600
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,454

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 5600
  • NY Swis Code: Auburn-050100
  • Total Assessed Value: 82300
  • Foundation Description: Stone
  • Gross Annual Income: 21600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 105
  • Lot Dimension Front: 54
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 57
  • Nearest Cross Street: walnut
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 691244.24
  • Ratio Close Price By Sq Ft: 33.09
  • Ratio List Price By Acres: 728878.65
  • Ratio List Price By Sq Ft: 34.89
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 1491
  • Sub Board Code: Syracuse
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5670
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: From Genesee St. take Hoffman home is on the left
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Laundry- Separate Hook ups- Some
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2720

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, Patio, Private Yard - see Remarks
  • Number of Acres: 0.1302

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Hot Water
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Air Conditioning, Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 050100-116-046-0002-057-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3454

MLS Schools

  • School District Name: Auburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 24, 2019
Sold by
Dougherty Michaelle
Bought by
Sincebaugh Daniel P
Seller's Agent
Mattie Tracy
Coldwell Banker Prime Properti
Buyer's Agent
Pat Picciano
Picciano Real Estate
List Price
$94,900
Sold Price
$90,000
Premium/Discount to List
-$4,900
-5.16%
Current Estimated Value
$158,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,039
Avg. Annual Appreciation
9.65%

Purchase Details

Listed on
Sep 13, 2016
Closed on
Jan 11, 2017
Sold by
B J Hoffman Realty Llc
Bought by
Dougherty Michelle
Seller's Agent
LINDA LEADER
Ted Leader Real Estate
Buyer's Agent
Mattie Tracy
Coldwell Banker Prime Properti
List Price
$86,500
Sold Price
$81,500
Premium/Discount to List
-$5,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Nov 2, 2005
Sold by
Vendasi William
Bought by
Bj Hoffman Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,580
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Kennedy Gerald
Bought by
Vendasi William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,580
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sincebaugh Daniel P $90,000 Stewart Title
Dougherty Michelle -- None Available
Bj Hoffman Realty Llc -- Ellen Priest
Vendasi William $56,200 Ellen Priest
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vendasi William $50,580
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2019 09/18/19 Sold $90,000 -5.2% $33 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $94,900 +16.4% $35 / Sq Ft
01/18/2017 01/18/17 Sold $81,500 -5.8% $30 / Sq Ft View Prior Sale
11/07/2016 11/07/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $86,500 0.0% $32 / Sq Ft
07/29/2014 07/29/14 Rented $550 0.0% --
07/29/2014 07/29/14 Under Contract -- -- --
07/25/2014 07/25/14 For Rent $550 -24.1% --
05/28/2014 05/28/14 Rented $725 +3.6% --
05/26/2014 05/26/14 Under Contract -- -- --
05/08/2014 05/08/14 For Rent $700 -- --
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 $2,329 $99,900 $13,600 $86,300
2023 $2,327 $99,900 $13,600 $86,300
2022 $2,385 $99,900 $13,600 $86,300
2021 $2,255 $82,300 $11,000 $71,300
2020 $2,227 $82,300 $11,000 $71,300
2019 $700 $82,300 $11,000 $71,300
2018 $2,053 $82,300 $11,000 $71,300
2017 $1,790 $65,400 $11,600 $53,800
2016 $2,342 $65,400 $11,600 $53,800
2015 $1,016 $65,400 $11,600 $53,800
2014 $1,016 $65,400 $11,600 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1207628

Central New York Information Services

APN: 050100-116-046-0002-057-000-0000