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7401 Owasco Road

7401 Owasco Road, Auburn, NY 13021
Multifamily in Owasco
7401 Owasco Road in Auburn, NY was first built in 1939 and is 85 years old. This has been categorized as a residential property type. There are a total of 2 floors. 7401 Owasco Road has 3,784 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 966 ft and the linear feet between the front and back of the lot is 2,840. In total, the area measurement of the land is 27,420 square feet.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 900 sqft. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7401 Owasco Road was last sold in May 18, 2021 for $200,000. According to our calculations, that's $105.71 per sqft. Prior to that sales transaction, the property was sold for $123,000 in Feb 9, 2007. Current property owners are expected to pay $4,738 in taxes per year. The property on 7401 Owasco Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $79,300. To break that down further, the land itself was valued at $19,900. While improvements to the property were assessed at a total of $59,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210222
02/22/2021
Studio
-
3784 ft²
$229,000
bedrooms
Studio
bathrooms
-
square feet
3784 ft²
$200,000 -12.66%
06/02/2021
PATSY PICCIANO
PICCIANO REAL ESTATE

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 1,892
  • Garage Type: Detached
  • Garage Square Area: 900
  • Parking Space Count: 4
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 27,420
  • Lot Size Depth Feet: 2,840
  • Lot Size Frontage Feet: 966
  • Total Building Area: 1,892
  • Gross Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,784
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.629
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SM O-17,C-54

Ownership

  • Current Owner : CORNELL BRUCE E
  • Current Owner 2: CORNELL ERICA C
  • Previous Owner : BMG ENTERPRISES INC
  • Owner Before Previous Owner: MAHONEY KEVIN BARRY

Neighborhood

  • School District Name: Auburn City School District
  • School Tax School District: AUBURN
  • Census Tract: 040700

Geography

  • Account Number: 14002300
  • District: 054600
  • Section: 116.18
  • Parcel: 054600 116.18-1-6
  • Block: 1
  • Lot: 6.000
  • Municipality: OWASCO
  • Latitude: 42.9261
  • Longitude: -76.5503

    Address

  • Full Address: 7401 Owasco Rd
  • Address - House Number: 7401
  • Address - Street Name: Owasco
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Auburn
  • Carrier Code: C022
  • 4-Digit Zip Code: 5140
  • Zip Code: 13021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,738
  • Tax Rate Code Area: 50100

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 7
  • Final Value: 599,430
  • High Value: 875,798
  • Low Value: 323,061

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: SENECA SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 02, 2051

    Market Valuation

  • Market Total Value: $139,123
  • Market Land Value: $34,912
  • Market Improvement Value: $104,211

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,300
  • Assessed Land Value: $19,900
  • Assessed Improvements Value: $59,400

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11840436117
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-204700
  • Previous Sale Recording Date: Feb 12, 2007
  • Previous Sale Contract Date: Feb 09, 2007
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SENECA SAVINGS BANK
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Feb 12, 2007
  • Previous Mortgage Loan Amount: $92,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2037

About Melrose Park



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Nearby Rentals

Unit for rent at 123 Washington Street, Auburn, NY, 13021

$2,200 /mo

  • 4 Beds
  • 1 Bath
  • 1,794 ft²
123 Washington Street, Auburn, NY, 13021 Listing by Patrick Michael McCracken

Frequently Asked Questions

What neighborhood is 7401 Owasco Road located in?
The 7401 Owasco Road is a multifamily located in the neighborhood of Owasco in Melrose Park, Auburn.
What is the average sales price for listings in 7401 Owasco Road?
The average sales price for units in 7401 Owasco Road is $229,000 , or $61/sqft. currently.

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