NOT LISTED FOR SALE

157 Gibbs St Rochester, NY 14605

Downtown Rochester Neighborhood

Estimated Value: $62,000 - $554,491

5 Beds
3 Baths
3,026 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $439,000 $145 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,424/month

11 Days on Market

Highlights

  • Cathedral Ceiling
  • Intercom
  • Forced Air Cooling System
  • Wood Flooring
  • Woodwork
  • 5-minute walk to Schiller Park

About This Home

As of October 2023

Rarely available 3-Family in the Grove Place Preservation District! Stately Queen Anne Victorian style architecture blended with modern updates & conveniences! Desirable East End location-very close proximity to Eastman School of Music & all the amenities, restaurants & entertainment the area has to offer! C of O just completed & is good until May 1, 2026! Each unit features a separate laundry hook up. (Apt. #2 has a full walk-in laundry room) Freshly painted interior and exterior. Recently refinished hardwood flooring. Handsome foyer a mix of original woodwork and brand new attractive carpet runner. Each unit features its own Central Air. Most appliances newer, & all convey with sale. Bath in Apt. 1 remodeled '21, and the kitchen remodeled '18 , Note:Some photos are prior to current occupancies. Apt. #3 features updated kitchen counters & vaulted ceiling, along with built-ins that add character to this unit. Please note: Owner is the David H. Casey Trust and Listing Agent is a Trustee of this Trust. Opportunities to own property in this neighborhood do not come along often! All separate utilities! Fully rented! Owner pays water & small house electric bill.

Last Agent to Sell the Property

Barbara Krenzer

Listing by Greater Rochester Realty License #30KR0575552 Listed on: 08/09/2023

Last Buyer's Agent

Mark Siwiec

Listing by Elysian Homes by Mark Siwiec and Associates License #10491212604

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,022

Year Built

  • Built in 1890

Lot Details

  • 1,320 Sq Ft Lot
  • Lot Dimensions are 44 x 30

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 3,026 Sq Ft Home
  • 2.5-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Drapes & Rods
  • Basement Fills Entire Space Under The House
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Home Security

  • Intercom
  • Fire Escape

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Property held in a trust
  • Rent includes grounds maintenance, refuse removal, water
  • Tax Lot 10
  • Assessor Parcel Number 261400-106-800-0002-010-000-0000

Community Details

Overview

  • 3 Units
  • Fox Tr Community
  • Fox Tr Subdivision

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $2,683
  • Gross Income $30,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,022

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Annual Operating Expenses: 2683
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 235000
  • Foundation Description: Stone
  • Gross Annual Income: 30300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 44
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street, Preservation District
  • Lot Number: 10
  • Nearest Cross Street: University/E.Main
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 14488448.84
  • Ratio Close Price By Sq Ft: 145.08
  • Ratio List Price By Acres: 14294488.45
  • Ratio List Price By Sq Ft: 143.13
  • Regional Board Code: Rochester
  • Rent Includes: Grounds Maintenance, Refuse Removal, Water
  • Roof Description: Asphalt
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal, Trust
  • Year Built Description: Existing
  • Lot Sq Ft: 1320
  • Age of Building: 133
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 3026
  • Directions To Property: Located in the block between East Main Street and University Avenue just one block North of the Eastman Theatre. Property is on the west side of Gibbs Street.
  • Sq Ft Total Pub: 3026
  • Subdivision Comm Complex: Fox Tr
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some, Drapes - Some, Intercom, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Pull Down Stairs, Unfinished
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Tile-Some
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 3026

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Fire Escape
  • Number of Acres: 0.0303

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Air Conditioning, Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rochester

Green Features

  • Energystar: Appliances

Lot Info

  • Parcel Number: 261400-106-800-0002-010-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 8022

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Oct 19, 2023
Sold by
Casey Paula M
Bought by
Tuttle Katherine M and Tuttle Paul Tuttle
Seller's Agent
Barbara Krenzer
Greater Rochester Realty
Buyer's Agent
Mark Siwiec
Elysian Homes by Mark Siwiec and Associates
List Price
$433,123
Sold Price
$439,000
Premium/Discount to List
$5,877
1.36%
Views
16
Current Estimated Value
$395,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,127
Avg. Annual Appreciation
-5.80%
Original Mortgage
$307,300
Outstanding Balance
$301,816
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$89,376

Purchase Details

Closed on
Mar 10, 1996
Source: Public Records

Range of Values:

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List 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
Tuttle Katherine M $439,000 Webtitle
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuttle Katherine M $307,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $439,000 +1.4% $145 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $433,123 -1.3% $143 / Sq Ft
08/12/2023 08/12/23 Off Market $439,000 -- --
08/09/2023 08/09/23 For Sale $433,123 -- $143 / 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 $3,765 $402,100 $1,700 $400,400
2023 $2,759 $235,000 $4,900 $230,100
2022 $2,768 $235,000 $4,900 $230,100
2021 $2,859 $235,000 $4,900 $230,100
2020 $2,911 $235,000 $4,900 $230,100
2019 $2,781 $220,000 $4,900 $215,100
2018 $5,196 $220,000 $4,900 $215,100
2017 $0 $220,000 $4,900 $215,100
2016 $2,781 $220,000 $4,900 $215,100
2015 $5,007 $200,000 $4,900 $195,100
2014 $5,007 $200,000 $4,900 $195,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Barbara Krenzer

    Greater Rochester Realty

    (585) 271-6950

    1 in this area

    3 Total Sales

    Barbara Krenzer
    Section Image
  • Mark Siwiec

    Buyer's Agent in 2023

    Mark Siwiec

    Elysian Homes by Mark Siwiec and Associates

    (585) 330-8750

    5 in this area

    938 Total Sales

    Mark Siwiec
    Section Image
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Map

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

MLS Number: R1490388

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-106-800-0002-010-000-0000

New York Monroe County Rochester 14605 Downtown Rochester

157 Gibbs St, Rochester, NY

This home is located at 157 Gibbs St, Rochester, NY 14605 since 09 August 2023 and is currently estimated at $395,873, approximately $130 per square foot. This property was built in 1890. 157 Gibbs St is a home located in Monroe County with nearby schools including School 23-Francis Parker, School 2 Clara Barton, and George Mather Forbes School No. 4.

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