NOT LISTED FOR SALE

12 Gates Ave Geneva, NY 14456

Estimated Value: $119,000 - $184,000

5 Beds
2 Baths
2,160 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $85,000 $39 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,088/month

6 Days on Market

Highlights

  • Full Attic
  • Ceiling Fan
  • Partially Fenced Property
  • Forced Air Cooling System
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of June 2020

ATTENTION INVESTORS! Great duplex or family home w/separate in-law apartment. Well maintained, fully rented, separate parking, separate utilities & many updates. Apartment 1 has 3 bedrooms & 1 full bath upstairs w/walk up attic for storage. 1st floor offers large kitchen, dining & living rooms. Apartment was recently painted w/new flooring. Basement includes washer/dryer hook ups, new furnace 2019, H20 tank 2015, sump pump. Apartment 2 has a separate entrance, 2 bedrooms, 1 full bathroom, good sized kitchen & dining/living room combo all on one level! Separate basement has washer/dryer hookups, furnace approx 5 years old, H2O tank 2014, sump pump. Yard is mostly fenced in w/storage shed & former dog kennel in the back.

Last Agent to Sell the Property

Kristin Fay

Listing by Howard Hanna License #10401271544 Listed on: 03/15/2020

Howard Hanna

Last Buyer's Agent

Daniel Morse

Listing by Keuka Lake & Land Realty License #10331200133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 1931

Lot Details

  • 7,750 Sq Ft Lot
  • Lot Dimensions are 155 x 50
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Stone Foundation
  • Membrane Roofing
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 9
  • Assessor Parcel Number 320500-090-020-0002-009-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,836

Year Built

Built in 1931

Lot Details

0

Listing Details

  • NY Swis Code: Geneva-City-320500
  • Total Assessed Value: 61000
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 155
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 9
  • Nearest Cross Street: Exchange
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 477796.51
  • Ratio Close Price By Sq Ft: 39.35
  • Ratio List Price By Acres: 477796.51
  • Ratio List Price By Sq Ft: 39.35
  • Regional Board Code: Rochester
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt, Rubber Membrane
  • School Tax: 1378
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7750
  • Age of Building: 91
  • Year Built: 1931
  • Directions To Property: From North Exchange Street turn left on Gates Ave. Home is on the right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1931

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Sump Pump
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2160

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.1779

Garage/Parking

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

Utilities

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

Schools

  • School District: Geneva

Lot Info

  • Parcel Number: 320500-090-020-0002-009-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2836

MLS Schools

  • School District Name: Geneva

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2020
Closed on
Jun 1, 2020
Sold by
Haskins Terri D
Bought by
Knowlton Bryant D
Seller's Agent
Kristin Fay
Howard Hanna
Buyer's Agent
Daniel Morse
Keuka Lake & Land Realty
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$147,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,718
Avg. Annual Appreciation
10.78%
Original Mortgage
$76,500
Outstanding Balance
$67,938
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$79,780
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
Knowlton Bryant D $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knowlton Bryant D $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2020 06/03/20 Sold $85,000 0.0% $39 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/15/2020 03/15/20 For Sale $85,000 -- $39 / 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 $3,759 $102,200 $7,100 $95,100
2023 $3,256 $68,000 $7,100 $60,900
2022 $3,077 $68,000 $7,100 $60,900
2021 $3,029 $68,000 $7,100 $60,900
2020 $1,428 $68,000 $7,100 $60,900
2019 -- $61,000 $6,300 $54,700
2018 $1,387 $61,000 $6,300 $54,700
2017 $0 $61,000 $6,300 $54,700
2016 $1,328 $61,000 $6,300 $54,700
2015 -- $58,500 $6,300 $52,200
2014 -- $58,500 $6,300 $52,200
Source: Public Records

Agents Affiliated with this Home

  • Kristin Fay

    Seller's Agent in 2020

    Kristin Fay

    Howard Hanna

    (315) 651-6456

    5 in this area

    40 Total Sales

    Kristin Fay
    Section Image
  • Daniel Morse

    Buyer's Agent in 2020

    Daniel Morse

    Keuka Lake & Land Realty

    (315) 719-7372

    2 in this area

    84 Total Sales

    Daniel Morse
    Section Image
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Map

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

MLS Number: R1255680

Upstate New York Real Estate Information Services (UNYREIS)

APN: 320500-090-020-0002-009-000-0000

New York Ontario County Geneva 14456

12 Gates Ave, Geneva, NY

This home is located at 12 Gates Ave, Geneva, NY 14456 since 15 March 2020 and is currently estimated at $147,718, approximately $68 per square foot. This property was built in 1931. 12 Gates Ave is a home located in Ontario County with nearby schools including West Street Elementary School, North Street Elementary School, and Geneva Middle School.

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