NOT LISTED FOR SALE

405 Arsenal St Watertown, NY 13601

Estimated Value: $103,870

-- Bed
-- Bath
2,747 Sq Ft
$38/Sq Ft Est. Value

Last Sold August 26, 2013

Last sale price $55,000 $20 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $640/month

254 Days on Market

Highlights

  • Corner Lot
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Thermal Windows

About This Home

As of August 2013

900+/- ft. office formerly operated as an insurance company w/attached 2-story apartments. Apartments & office space just refurbished. Good income opportunity.

Last Agent to Sell the Property

Daniel Lort

Listing by Garlock Realty License #40LO1120035 Listed on: 08/07/2012

Last Buyer's Agent

Daniel Lort

Listing by Garlock Realty License #40LO1120035 Listed on: 08/07/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 88 x 64
  • Corner Lot

Parking

  • No Garage

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,747 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Free-Standing Range

Flooring

  • Wall to Wall Carpet
  • Linoleum

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 10-03-221.0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,920

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Age: 62
  • NY Swis Code: Watertown-City-221800
  • Total Assessed Value: 81300
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 88
  • Lot Dimension Front: 64
  • Lot Information: Commercial Zoning, Corner Lot
  • List Price per Sq Ft: 23.9716
  • Nearest Cross Street: Orchard St. South
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 20.02
  • Ratio List Price By Sq Ft: 23.97
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • School Tax: 789
  • Sale Price List Price: 0.8352
  • S P Per Sq Ft: 20.0200
  • Sub Board Code: Jefferson-Lewis Board
  • Type of Residence: 1 Lot - Multi Structures
  • Type of Sale: Normal
  • Value Range Search Low Price: 65850.00
  • Year Built Description: Existing
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: Corner of Arsenal St. & Orchard St. South
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Oven/Range Freestanding
  • Number of Rooms: 11
  • Total Sq Ft: 2747

Exterior Features

  • Construction: Concrete Block, Frame
  • Additional Exterior Features: Cable TV Available, Thermal Windows - Some

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 1 Space

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

Schools

  • School District: Watertown

Lot Info

  • Parcel Number: 10-03-221.0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1920

MLS Schools

  • School District Name: Watertown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Mills James E
Bought by
City Of Watertown
Current Estimated Value
$103,870

Purchase Details

Listed on
Aug 7, 2012
Closed on
Aug 1, 2013
Sold by
Truax Paul
Bought by
Skellen Charles
Seller's Agent
Daniel Lort
Garlock Realty
Buyer's Agent
Daniel Lort
Garlock Realty
List Price
$75,000
Sold Price
$55,000
Premium/Discount to List
-$20,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$49,500
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2001
Sold by
Breen John
Bought by
Truax Paul

Purchase Details

Closed on
Aug 28, 1997
Sold by
Richman Allan
Bought by
Breen John R and Truax Paul M
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
City Of Watertown $13,769 None Listed On Document
Skellen Charles $55,000 --
Truax Paul -- A. Michael Gebo
Breen John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skellen Charles $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2013 08/26/13 Sold $55,000 -26.7% $20 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
08/07/2012 08/07/12 For Sale $75,000 -- $27 / Sq Ft
Source: Jefferson-Lewis Board of REALTORS®

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 $893 $81,300 $17,900 $63,400
2023 $634 $81,300 $17,900 $63,400
2022 $656 $81,300 $17,900 $63,400
2021 $656 $81,300 $17,900 $63,400
2020 $2,274 $81,300 $17,900 $63,400
2019 $619 $81,300 $17,900 $63,400
2018 $910 $81,300 $17,900 $63,400
2017 $2,274 $81,300 $17,900 $63,400
2016 $2,274 $81,300 $17,900 $63,400
2015 -- $81,300 $17,900 $63,400
2014 -- $81,300 $17,900 $63,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Jefferson-Lewis Board of REALTORS®

MLS Number: S277892

Jefferson-Lewis Board of REALTORS®

APN: 221800-010-000-0003-221-000-0000