NOT LISTED FOR SALE

53 Arterial W Auburn, NY 13021

Estimated Value: $145,000 - $292,000

6 Beds
3 Baths
2,624 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $83,000 $32 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,276/month

71 Days on Market

Highlights

  • 0.5 Acre Lot
  • Wood Flooring
  • Baseboard Heating

About This Home

As of August 2023

Welcome to 53 Arterial W, a unique investment opportunity offering cash flow from the start! This spacious property features three separate units, with two currently rented out, generating steady income. The third unit is available for you to move in and make it your own or choose a tenant, it's up to you! Situated on a half-acre lot, this property offers plenty of space for outdoor activities and entertaining. The added bonus of a three-car detached garage provides ample storage and parking for all residents. This property is conveniently located near local shopping, dining, and entertainment options, as well as major transportation routes. Don't miss your chance to own a multi-unit property with established cash flow! Schedule a showing today and experience the many benefits of 53 Arterial W.

Last Agent to Sell the Property

Khari Sabb

Listing by Keller Williams Realty Greater Rochester License #10401295288 Listed on: 02/08/2023

Keller Williams Realty Greater Rochester

Last Buyer's Agent

Yolanny Pereira

Listing by Keller Williams Syracuse License #10401366004

Keller Williams Syracuse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 1910

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 264 x 82

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,624 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes water
  • Tax Lot 12
  • Assessor Parcel Number 050100-116-038-0002-012-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,555

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Auburn-050100
  • Total Assessed Value: 79300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 264
  • Lot Dimension Front: 82
  • Lot Information: Neighborhood Street
  • Lot Number: 12
  • Nearest Cross Street: N Fulton St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 166000.00
  • Ratio Close Price By Sq Ft: 31.63
  • Ratio List Price By Acres: 218000.00
  • Ratio List Price By Sq Ft: 41.54
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1782
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 21780
  • Age of Building: 113
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2624
  • Directions To Property: Arterial west just past PB5 going west.
  • Sq Ft Total Pub: 2624
  • Attribution Contact: 585-613-6492
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2624

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Number of Acres: 0.5000

Garage/Parking

  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Auburn

Lot Info

  • Parcel Number: 050100-116-038-0002-012-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2555

MLS Schools

  • School District Name: Auburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Aug 15, 2023
Sold by
Ruiz Michael A
Bought by
Building Home Group Llc
Seller's Agent
Khari Sabb
Keller Williams Realty Greater Rochester
Buyer's Agent
Yolanny Pereira
Keller Williams Syracuse
List Price
$109,000
Sold Price
$83,000
Premium/Discount to List
-$26,000
-23.85%
Views
113
Current Estimated Value
$198,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,333
Avg. Annual Appreciation
53.59%
Original Mortgage
$99,450
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 1998
Sold by
Buttaro Karen A
Bought by
Ruiz Michael A
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
Building Home Group Llc $83,000 None Listed On Document
Ruiz Michael A $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Building Home Group Llc $182,250
Closed Building Home Group Llc $99,450
Previous Owner Ruiz Michael A $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $83,000 -23.9% $32 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $109,000 -- $42 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $2,452 $105,300 $18,800 $86,500
2023 $2,452 $105,300 $18,800 $86,500
2022 $2,451 $105,300 $18,800 $86,500
2021 $2,173 $79,300 $17,600 $61,700
2020 $2,146 $79,300 $17,600 $61,700
2019 $674 $79,300 $17,600 $61,700
2018 $2,140 $79,300 $17,600 $61,700
2017 $2,238 $81,800 $18,500 $63,300
2016 $4,621 $81,800 $18,500 $63,300
2015 $813 $81,800 $18,500 $63,300
2014 $813 $81,800 $18,500 $63,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1454641

Upstate New York Real Estate Information Services (UNYREIS)

APN: 050100-116-038-0002-012-000-0000