NOT LISTED FOR SALE

5575 Mobbs Rd Auburn, NY 13021

Estimated Value: $147,000 - $294,000

4 Beds
1 Bath
2,283 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $150,000 $66 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,533/month

29 Days on Market

Highlights

  • 11 Acre Lot
  • Wood Siding
  • Heating System Uses Oil
  • 2 Car Attached Garage
  • Historic Home

About This Home

As of November 2024

Discover a rare opportunity to transform your dream home in an exceptional location near beautiful Owasco Lake. This expansive 11-acre property offers unparalleled privacy, with serene wooded areas and an impressive 882 feet of road frontage. At the heart of this offering is a charming house in need of complete renovation. Nestled in a peaceful environment, the property is just a stone’s throw away from the sparkling waters of Owasco Lake, perfect for boating, fishing, and enjoying nature. The expansive land allows for limitless possibilities—from creating a private estate to exploring potential development opportunities. Public water access is an added bonus, ensuring convenience for future enhancements. This property is offered via sealed bids, with OFFERS DUE 9/23/24 BY 5PM, EDT, allowing motivated buyers the chance to secure a piece of paradise. Whether you're an investor looking to capitalize on a prime location or a homeowner eager to dive into a renovation project, this home presents a remarkable opportunity to make your vision a reality. Do not miss out on this fantastic chance to own the perfect blank canvas to create your ideal home in a secluded nature retreat setting.

Last Agent to Sell the Property

Michael DeRosa

Listing by Michael DeRosa Exchange License #10491205303 Listed on: 09/13/2024

Last Buyer's Agent

Kelli Ide

Listing by Michael DeRosa Exchange License #10301221202

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 1878

Lot Details

  • 11 Acre Lot
  • Lot Dimensions are 718x890
  • Historic Home

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,283 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 052800-130-000-0001-012-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,952

Year Built

Built in 1878

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1878
  • Lot Features: Other, See Remarks
  • Directions: From White Bridge Rd, take the 3rd exit from roundabout onto W Lake Rd. Go for 0.9 mi. .Turn right onto Mobbs Rd. Go for 0.5 mi.
  • Architectural Style: Historic/Antique
  • Flooring: Other, See Remarks
  • Garage Yn: Yes
  • Interior Features: Other, See Remarks
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: See Remarks, Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 11.0
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: See Remarks
  • Foundation Details: Other, See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Other, See Remarks
  • Heating: Oil, Other, See Remarks
  • HeatingYN: Yes
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 052800-130-000-0001-012-000-0000
  • Lot Dimensions: 718X890
  • Lot Size Sq Ft: 479160.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3952.0
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 6, 2024
Sold by
Gabriel Martha Victoria and Hoffman Martha Victoria
Bought by
Me Nolan Llc
Seller's Agent
Michael DeRosa
Michael DeRosa Exchange
Buyer's Agent
Kelli Ide
Michael DeRosa Exchange
List Price
$189,500
Sold Price
$150,000
Premium/Discount to List
-$39,500
-20.84%
Views
106
Current Estimated Value
$223,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,759
Avg. Annual Appreciation
39.94%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Gabriel Martha Victoria and Hoffman Martha Victoria
Bought by
Hoffman Martha Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
2.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records
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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
Me Nolan Llc $150,000 None Listed On Document
Me Nolan Llc $150,000 None Listed On Document
Hoffman Martha Victoria -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Martha Victoria $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $150,000 -20.8% $66 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $189,500 -- $83 / 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 $4,457 $189,500 $63,000 $126,500
2023 $4,192 $119,900 $55,600 $64,300
2022 $3,500 $119,900 $55,600 $64,300
2021 $3,679 $119,900 $55,600 $64,300
2020 $3,130 $119,900 $55,600 $64,300
2019 $1,463 $119,900 $55,600 $64,300
2018 $3,381 $45,840 $12,840 $33,000
2017 $3,526 $45,840 $12,840 $33,000
2016 $3,376 $45,840 $12,840 $33,000
2015 $2,059 $45,840 $12,840 $33,000
2014 $2,059 $45,840 $12,840 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1565387

Central New York Information Services

APN: 052800-130-000-0001-012-000-0000