NOT LISTED FOR SALE

16 Lake St Le Roy, NY 14482

Estimated Value: $128,000 - $140,000

4 Beds
3 Baths
2,616 Sq Ft
$51/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $100,000 $38 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $948/month

35 Days on Market

Highlights

  • Forced Air Cooling System
  • Rectangular Lot
  • 4-minute walk to Mill Street Park
  • Patio
  • Wall to Wall Carpet

About This Home

As of September 2021

3 unit ready to positive cash flow at purchase.

Last Agent to Sell the Property

Gregory Rogers

Listing by Empire Realty Group License #30RO0664019 Listed on: 05/04/2021

Empire Realty Group

Last Buyer's Agent

Gregory Rogers

Listing by Empire Realty Group License #30RO0664019 Listed on: 05/04/2021

Empire Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,460

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 189 x 60
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,616 Sq Ft Home
  • 1.7-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Patio

Schools

  • Wolcott Street Elementary School
  • Leroy Junior-Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes electric, heat, hot water
  • Tax Lot 53
  • Assessor Parcel Number 183601-007-000-0001-053-000
  • $111 special tax assessment

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Operating Expense $12,187
  • Gross Income $21,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,460

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Operating Expenses: 12187
  • Annual Special Assessment: 111
  • NY Swis Code: LeRoy-Village-183601
  • Total Assessed Value: 72100
  • Foundation Description: Stone
  • Gross Annual Income: 21432
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 189
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Number: 53
  • Lot Shape: Rectangular
  • Nearest Cross Street: Main
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 381679.39
  • Ratio Close Price By Sq Ft: 38.23
  • Ratio List Price By Acres: 514885.50
  • Ratio List Price By Sq Ft: 51.57
  • Regional Board Code: Rochester
  • Rent Includes: Electric, Heat, Hot Water
  • Roof Description: Asphalt
  • School Tax: 1768
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Village: LeRoy-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 11411
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2616
  • Directions To Property: From LeRoy exit of NYS. Thruway and 490 go south on route 19 which is Lake st. House is green on the left just before Bacon st.
  • Sq Ft Total Pub: 2616
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Electrical Fuses - some, Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2616

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Patio
  • Number of Acres: 0.2620

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: LeRoy
  • Elementary School: Wolcott Street
  • High School: LeRoy Junior-Senior High

Lot Info

  • Parcel Number: 183601-007-000-0001-053-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3460

MLS Schools

  • Elementary School Name: Wolcott Street
  • High School Name: LeRoy Junior-Senior High
  • School District Name: LeRoy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Gvm Properties Inc
Bought by
Gorrow Thomas A
Current Estimated Value
$134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$134,771
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$16,896

Purchase Details

Listed on
May 4, 2021
Closed on
Sep 2, 2021
Sold by
Yacuzzo Raymond E and Yacuzzo Kathleen S
Bought by
Gvm Properties Inc
Seller's Agent
Gregory Rogers
Empire Realty Group
Buyer's Agent
Gregory Rogers
Empire Realty Group
List Price
$134,900
Sold Price
$100,000
Premium/Discount to List
-$34,900
-25.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$110,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1998
Sold by
Clark Thomas J
Bought by
Yacuzzo Raymond E and Yacuzzo Kathleen S
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
Gorrow Thomas A $130,000 None Available
Gvm Properties Inc $100,000 None Available
Yacuzzo Raymond E $58,300 --
Yacuzzo Raymond E $58,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorrow Thomas A $135,000
Previous Owner Gvm Properties Inc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $100,000 -25.9% $38 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $134,900 0.0% $52 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $134,900 -- $52 / 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 $2,807 $99,000 $11,900 $87,100
2023 -- $72,100 $11,900 $60,200
2022 -- $72,100 $11,900 $60,200
2021 $0 $72,100 $11,900 $60,200
2020 $3 $72,100 $11,900 $60,200
2019 $3 $72,100 $11,900 $60,200
2018 $3 $78,600 $11,900 $66,700
2017 $3,780 $78,600 $11,900 $66,700
2016 $3,780 $78,600 $11,900 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1334316

Upstate New York Real Estate Information Services (UNYREIS)

APN: 1836017153