NOT LISTED FOR SALE

117 Lima Rd Unit 1 Geneseo, NY 14454

Estimated Value: $221,087 - $310,000

5 Beds
3 Baths
3,010 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $165,000 $55 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,877/month

110 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Forced Air Cooling System
  • Wood Flooring
  • Skylights
  • Programmable Thermostat

About This Home

As of July 2021

This home in Geneseo offers great potential for investors or owner that can pay for most of his mortgage by renting one side of the property. Property offers 2 separate driveways on opposite sides of house for true privacy from your tenant. The main house comes with a newer 2 car garage with electric. Main house is loaded with "rustic charm" which in Real Estate terms needs some updates to be great. The roof, siding and most of the windows are in great shape. the living/dining area has details that appear to be from the original 1800's build. The apt in a newer build and has A/C, sliding glass door to rear deck, private driveway, vaulted ceilings in living room and a large eat in kitchen. Schedule an appointment to see this property.

Last Agent to Sell the Property

Michael Trippany

Listing by WCI Realty License #10301216444 Listed on: 01/22/2021

WCI Realty

Last Buyer's Agent

John Wallin

Listing by AB Cole Real Estate, Inc. License #30WA0832338

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,941

Year Built

  • Built in 1880

Lot Details

  • 10,824 Sq Ft Lot
  • Lot Dimensions are 132 x 82

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,010 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Drapes & Rods
  • Sliding Doors

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes water
  • Tax Lot 62
  • Assessor Parcel Number 242601-081-009-0001-062-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,941

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Geneseo-Village-242601
  • Total Assessed Value: 148600
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 82
  • Lot Information: Neighborhood Street
  • Lot Number: 62
  • Nearest Cross Street: Rorbach Lane
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 663983.90
  • Ratio Close Price By Sq Ft: 54.82
  • Ratio List Price By Acres: 744466.80
  • Ratio List Price By Sq Ft: 61.46
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • School Tax: 2474
  • Sub Board Code: Rochester
  • Type of Residence: 2 Lot - 2 Dwellings, Duplex
  • Type of Sale: Normal
  • Village: Geneseo-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 10824
  • Age of Building: 142
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 3010
  • Directions To Property: Main St (in Geneseo) to North St to Lima Rd
  • Sq Ft Total Pub: 3010
  • Unit: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Drapes - Some, Skylight, Sliding Glass Door
  • Attic Description: Crawl Space
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 3010

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Garage Door Opener, High Speed Internet, Thermal Windows - Some
  • Number of Acres: 0.2485

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Stone/Gravel

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air, Programmable Thermostat
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Geneseo

Lot Info

  • Parcel Number: 242601-081-009-0001-062-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4941

MLS Schools

  • School District Name: Geneseo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Aug 13, 2021
Sold by
Curry Nathaniel P
Bought by
Double Properties Llc
Seller's Agent
Michael Trippany
WCI Realty
Buyer's Agent
John Wallin
AB Cole Real Estate, Inc.
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%
Current Estimated Value
$269,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,022
Avg. Annual Appreciation
12.25%
Original Mortgage
$123,750
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 22, 2021
Closed on
Jul 15, 2021
Sold by
Gillette John A and Gillette Thelma M
Bought by
Curry Nathaniel P
Seller's Agent
Michael Trippany
WCI Realty
Buyer's Agent
John Wallin
AB Cole Real Estate, Inc.
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2002
Sold by
Gillette Thelma
Bought by
Gillette John
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
Double Properties Llc -- None Available
Curry Nathaniel P $165,000 None Available
Gillette John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curry Nathaniel P $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $165,000 -10.8% $55 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $185,000 0.0% $61 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $185,000 0.0% $61 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $185,000 -- $61 / 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 $5,340 $170,000 $28,500 $141,500
2023 $4,945 $170,000 $28,500 $141,500
2022 $4,842 $170,000 $28,500 $141,500
2021 $4,842 $148,600 $28,500 $120,100
2020 $0 $148,600 $28,500 $120,100
2016 $3,345 $130,000 $26,900 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1316173

Upstate New York Real Estate Information Services (UNYREIS)

APN: 242601-081-009-0001-062-000-0000