NOT LISTED FOR SALE

1197 Park Ave Unit 1199 Rochester, NY 14610

Cobbs Hill Neighborhood

Estimated Value: $407,000 - $592,000

10 Beds
4 Baths
5,014 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $393,000 $78 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,056/month

8 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Property is near a bus stop
  • Finished Attic
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of October 2022

This HUGE Park Ave Cash Cow has crazy potential! The side by side 5 BR 2 full Bath apartments are ALWAYS rented with $50k in Gross Annual Rents! A newer tear off roof on the rear of the house, mostly vinyl windows, Fresh Interior Paint, vinyl siding, separate utilities, and off street parking along with all the nearby Park Ave amenities make the a real diamond in the rough. (The front porch is in the process of being COMPLETELY Rebuilt and completion is negotiable) There is also approximately 1000 Sq Ft of additional finished 3rd floor living space that is C of O compliant! DELAYED SHOWINGS UNTIL FRIDAY SEPT 2ND. DELAYED NEGOTIATIONS UNTIL WEDNESDAY SEPT 7TH AT NOON.

Last Agent to Sell the Property

Phil Kovach

Listing by Coldwell Banker Custom Realty License #40KO1170093 Listed on: 08/31/2022

Coldwell Banker Custom Realty

Last Buyer's Agent

Rebecca Schoenig

Listing by Elysian Homes by Mark Siwiec and Associates License #10401324029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,972

Year Built

  • Built in 1925

Lot Details

  • 4,209 Sq Ft Lot
  • Lot Dimensions are 100 x 42

Home Design

  • Duplex
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 5,014 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Attic

  • Full Attic
  • Finished Attic

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal
  • Tax Lot 19
  • Assessor Parcel Number 261400-122-550-0001-019-000-0000

Community Details

Overview

  • 2 Units
  • M D Harts Community
  • M D Harts Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,972

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 341200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 42
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 19
  • Nearest Cross Street: Colby St
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 4068322.98
  • Ratio Close Price By Sq Ft: 78.38
  • Ratio List Price By Acres: 3104554.87
  • Ratio List Price By Sq Ft: 59.81
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, Refuse Removal
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit, Duplex, Side by Side
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4209
  • Age of Building: 97
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 4014
  • Directions To Property: Take Culver to Park Ave. Head east. The house will be on the left between Homer St and Colby St.
  • Sq Ft Total Pub: 4014
  • Subdivision Comm Complex: M D Harts
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 5014

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.0966

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

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

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-122-550-0001-019-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 10972

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 18, 2022
Sold by
Choice Property Investors Llc
Bought by
Cavatassi Patricia
Seller's Agent
Phil Kovach
Coldwell Banker Custom Realty
Buyer's Agent
Rebecca Schoenig
Elysian Homes by Mark Siwiec and Associates
List Price
$299,900
Sold Price
$393,000
Premium/Discount to List
$93,100
31.04%
Current Estimated Value
$503,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,127
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Ooyama Robert T and Ooyama Catherine M
Bought by
Choice Property Investors Llc

Purchase Details

Closed on
Jun 2, 2014
Sold by
Edkin Kyle R and Abram Christopher D
Bought by
1197 1199 Park Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2014
Sold by
Smith Jeffrey J
Bought by
Mcdonald William T and Abram Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.32%
Mortgage Type
New Conventional
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
Cavatassi Patricia $393,000 --
Choice Property Investors Llc -- None Available
1197 1199 Park Ave Llc -- None Available
Mcdonald William T $140,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald William T $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $393,000 +31.0% $78 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $299,900 -14.9% $60 / Sq Ft
06/28/2019 06/28/19 Sold $352,500 -6.0% $88 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $374,900 -6.3% $93 / Sq Ft
03/28/2019 03/28/19 For Sale $399,900 -- $100 / 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 $4,035 $430,900 $13,000 $417,900
2023 $4,514 $341,200 $10,600 $330,600
2022 $4,104 $341,200 $10,600 $330,600
2021 $4,291 $341,200 $10,600 $330,600
2020 $3,841 $341,200 $10,600 $330,600
2019 $3,483 $270,000 $10,600 $259,400
2018 $6,124 $270,000 $10,600 $259,400
2017 $9,607 $270,000 $10,600 $259,400
2016 $3,483 $270,000 $10,600 $259,400
2015 -- $260,000 $10,600 $249,400
2014 -- $276,700 $10,600 $266,100
Source: Public Records

Agents Affiliated with this Home

  • Phil Kovach

    Seller's Agent in 2022

    Phil Kovach

    Coldwell Banker Custom Realty

    (585) 746-3692

    2 in this area

    241 Total Sales

    Phil Kovach
    Section Image
  • Rebecca Schoenig

    Buyer's Agent in 2022

    Rebecca Schoenig

    Elysian Homes by Mark Siwiec and Associates

    (585) 278-8322

    1 in this area

    127 Total Sales

    Rebecca Schoenig
    Section Image
  • Anthony Butera

    Seller's Agent in 2019

    Anthony Butera

    Keller Williams Realty Greater Rochester

    (585) 404-3841

    2 in this area

    1,674 Total Sales

    Anthony Butera
    Section Image
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Map

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

MLS Number: R1429476

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-122-550-0001-019-000-0000

New York Monroe County Rochester 14610 Cobbs Hill

1197 Park Ave Unit 1199, Rochester, NY

This home is located at 1197 Park Ave Unit 1199, Rochester, NY 14610 since 31 August 2022 and is currently estimated at $503,127, approximately $100 per square foot. This property was built in 1925. 1197 Park Ave Unit 1199 is a home located in Monroe County with nearby schools including School 23-Francis Parker, School 19 Dr Charles T Lunsford, and School 2 Clara Barton.

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