$85,000
SOLD NOV 25, 2024

160 Lafayette Ave Geneva, NY 14456

5 Beds
2.5 Baths
2,422 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Carpet

About This Home

As of November 2024

Discover a fantastic investment opportunity nestled in the heart of Geneva! This duplex presents an ideal chance to add to your portfolio or step into owner occupancy. Both current monthly rents are below the area's average at $19,860/year, offering potential for increased profitability. With both units currently on month-to-month leases, flexibility and potential await.

Last Agent to Sell the Property

Cathy Shelanskey

Listing by Keller Williams Realty Gateway Brokerage Phone: 585-256-4420 License #40SH0943457 Listed on: 06/05/2024

Keller Williams Realty Gateway

Co-Listed By

Collin Shelanskey

Listing by Keller Williams Realty Gateway Brokerage Phone: 585-256-4420 License #10401384742

Last Buyer's Agent

Calvin Ruthven

Listing by Ruthven Realty License #10491206368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,878

Year Built

  • Built in 1880

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • Parking Available

Home Design

  • Duplex
  • Siding
  • Copper Plumbing

Interior Spaces

  • 2,422 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes heat, trash collection, water
  • Tax Lot 69
  • Assessor Parcel Number 320500-104-007-0002-069-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,878

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: Heat, Trash Collection, Water
  • Year Built: 1880
  • Attribution Contact: 585-256-4420
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: KWGW
  • Co List Office Phone: 585-256-4400
  • Directions: From the Lyons/ Geneva exit on I90, take 14S until it turns to N Exchange Street in Geneva, and then turn right onto North Street. Take a left onto Oak Street, and then turn right onto Laffayette Ave. Property will be on your right.
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1722
  • Waterfront: No
  • Construction Type: Composite Siding, Copper Plumbing

Garage/Parking

  • Parking Features: Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Geneva

Lot Info

  • Parcel Number: 320500-104-007-0002-069-000-0000
  • Lot Dimensions: 50X150
  • Lot Size Sq Ft: 7500.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3878.0
  • Tax Lot: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Cantoni Properties Llc
Bought by
Redmond Patrick M and Redmond Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Outstanding Balance
$95,200
Interest Rate
6.85%
Mortgage Type
Commercial
Estimated Equity
$23,886

Purchase Details

Listed on
Jun 5, 2024
Closed on
Nov 7, 2024
Sold by
Biernat Holdings Llc
Bought by
Cantoni Properties Llc
Seller's Agent
Cathy Shelanskey
Keller Williams Realty Gateway
Buyer's Agent
Calvin Ruthven
Ruthven Realty
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.78%

Purchase Details

Closed on
Oct 7, 2021
Sold by
Biernat Edward J and Biernat Jacqueline D
Bought by
Biernat Holdings Llc

Purchase Details

Closed on
Jun 20, 1996
Sold by
Lagana Rose Marie
Bought by
Biernat Edward J and Biernat Jacqueline
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $119,000 None Available
Warranty Deed $85,000 None Available
Warranty Deed $85,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $40,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $139,000 +63.5% $57 / Sq Ft
11/25/2024 11/25/24 Sold $85,000 -4.5% $35 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $89,000 -- $37 / 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 $5,942 $124,100 $7,300 $116,800
2023 $3,879 $81,000 $7,300 $73,700
2022 $3,665 $81,000 $7,300 $73,700
2021 $3,608 $81,000 $7,300 $73,700
2020 $1,701 $81,000 $7,300 $73,700
2019 $0 $72,500 $5,600 $66,900
2018 $1,649 $72,500 $5,600 $66,900
2017 $0 $72,500 $5,600 $66,900
2016 $1,579 $72,500 $5,600 $66,900
2015 -- $72,600 $5,600 $67,000
2014 -- $72,600 $5,600 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1541779

Upstate New York Real Estate Information Services (UNYREIS)

APN: 320500-104-007-0002-069-000-0000