NOT LISTED FOR SALE

40 Wallace Ave Unit 42 Auburn, NY 13021

Estimated Value: $126,000 - $153,000

4 Beds
2 Baths
2,080 Sq Ft
$67/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $95,000 $46 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $928/month

5 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • 2-minute walk to St. Francis Playground
  • Forced Air Cooling System

About This Home

As of August 2019

WOW WOW OWNER OCCUPIED 2 UNIT OVER 40 YEARS. IMMACULATE MOVE IN CONDITION. MANY UPDATES. MUST SEE

Last Agent to Sell the Property

Michael Gordon

Listing by Post Realty License #10301212768 Listed on: 06/06/2019

Last Buyer's Agent

Michael Gordon

Listing by Post Realty License #10301212768 Listed on: 06/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1920

Lot Details

  • 6,154 Sq Ft Lot
  • Lot Dimensions are 124 x 49

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 10
  • Assessor Parcel Number 050100-115-065-0001-010-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,300

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Auburn-050100
  • Total Assessed Value: 70000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 124
  • Lot Dimension Front: 49
  • Lot Information: Near Bus Line
  • Lot Number: 10
  • Nearest Cross Street: columbus
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 672328.38
  • Ratio Close Price By Sq Ft: 45.67
  • Ratio List Price By Acres: 671620.67
  • Ratio List Price By Sq Ft: 45.63
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • School Tax: 1350
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6154
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: COLUMBUS TO WALLACE
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2080

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1413

Garage/Parking

  • Number of Electric Meters: 2
  • 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
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 050100-115-065-0001-010-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3300

MLS Schools

  • School District Name: Auburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 30, 2019
Sold by
Cole Patricia F and Nuchesi Patricia F
Bought by
Drourr Chad
Seller's Agent
Michael Gordon
Post Realty
Buyer's Agent
Michael Gordon
Post Realty
List Price
$94,900
Sold Price
$95,000
Premium/Discount to List
$100
0.11%
Current Estimated Value
$138,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,496
Avg. Annual Appreciation
6.25%
Original Mortgage
$98,875
Outstanding Balance
$87,550
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$50,946
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
Drourr Chad $100,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drourr Chad $98,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2019 08/12/19 Sold $95,000 +0.1% $46 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $94,900 -- $46 / 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 $2,422 $103,900 $13,400 $90,500
2023 $2,420 $103,900 $13,400 $90,500
2022 $2,349 $103,900 $13,400 $90,500
2021 $1,918 $70,000 $12,000 $58,000
2020 $1,894 $70,000 $12,000 $58,000
2019 $595 $70,000 $12,000 $58,000
2018 $685 $70,000 $12,000 $58,000
2017 $744 $69,500 $12,200 $57,300
2016 $1,228 $69,500 $12,200 $57,300
2015 $122 $69,500 $12,200 $57,300
2014 $122 $69,500 $12,200 $57,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Gordon

    Post Realty

See All Agents

Map

Source: Central New York Information Services

MLS Number: S1199536

Central New York Information Services

APN: 050100-115-065-0001-010-000-0000

New York Cayuga County Auburn 13021

40 Wallace Ave Unit 42, Auburn, NY

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