NOT LISTED FOR SALE

Estimated Value: $141,000 - $164,744

6 Beds
2 Baths
2,596 Sq Ft
$59/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $64,000 $25 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $915/month

74 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Patio
  • Full Attic
  • Forced Air Cooling System
  • Property is near a bus stop

About This Home

As of February 2017

Great Investment Opportunity! Newer Vinyl siding & Roof. Furnaces 80+ Newer / Water tanks Newer. All separate utilities! Great location with playground close by. Operating Expenses include annual taxes Cap rate approx 18%. Consider group package with MLS R313261, R313263, R313265

Last Agent to Sell the Property

Jacqueline Ferraro

Listing by RE/MAX Plus License #10401278883 Listed on: 07/15/2016

RE/MAX Plus

Last Buyer's Agent

Jeff Wynn

Listing by Howard Hanna License #10301204372

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 116 x 40
  • Partially Fenced Property

Home Design

  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,596 Sq Ft Home
  • 2.5-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • No Garage
  • On-Street Parking

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, no utilities, refuse removal, snow removal
  • Assessor Parcel Number 261400-107-700-0001-092-000-0000

Community Details

Overview

  • 2 Units
  • E Main St Homed Assn Community
  • E Main St Homed Assn Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $5,300
  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,376

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 116
  • Annual Operating Expenses: 5300
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 45000
  • Gross Annual Income: 17400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 599090.9100
  • List Price per Sq Ft: 25.3852
  • Nearest Cross Street: East Main St
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 581818.18
  • Ratio Close Price By Sq Ft: 24.65
  • Ratio List Price By Acres: 599090.91
  • Ratio List Price By Sq Ft: 25.39
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, No Utilities, Refuse Removal, Snow Removal
  • School Tax: 1338
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 65900.00
  • Year Built Description: Existing
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Head South on Culver Rd - Right on East Main - Right on Federal - House on Right
  • Subdivision Comm Complex: E MAIN ST HOMED ASSN
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some, Wall To Wall Carpet-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2596

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard, Patio
  • Number of Acres: 0.1100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Street

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

Lot Info

  • Parcel Number: 261400-107-700-0001-092-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2376

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Dec 22, 2016
Sold by
Russo Paul S
Bought by
Rhodes Christopher
Seller's Agent
Jacqueline Ferraro
RE/MAX Plus
Buyer's Agent
Jeff Wynn
Howard Hanna
List Price
$65,900
Sold Price
$64,000
Premium/Discount to List
-$1,900
-2.88%
Current Estimated Value
$153,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,186
Avg. Annual Appreciation
10.50%
Original Mortgage
$3,000
Outstanding Balance
$2,485
Interest Rate
4.3%
Mortgage Type
Unknown
Estimated Equity
$150,701

Purchase Details

Closed on
Jul 17, 2006
Sold by
Koning Terrances S
Bought by
Russo Paul S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2000
Sold by
Hud
Bought by
Koning Terrances 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
Rhodes Christopher $65,900 None Available
Russo Paul S $60,000 --
Koning Terrances S $9,503 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Christopher $3,000
Open Rhodes Christopher $63,695
Previous Owner Russo Paul S $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2017 02/01/17 Sold $64,000 -2.9% $25 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $65,900 -- $25 / 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 $1,350 $128,900 $5,500 $123,400
2023 $906 $60,400 $4,000 $56,400
2022 $956 $60,400 $4,000 $56,400
2021 $985 $60,400 $4,000 $56,400
2020 $824 $60,400 $4,000 $56,400
2019 $1,221 $45,000 $4,000 $41,000
2018 $1,868 $45,000 $4,000 $41,000
2017 $2,892 $45,000 $4,000 $41,000
2016 $1,221 $45,000 $4,000 $41,000
2015 -- $45,000 $4,000 $41,000
2014 -- $45,000 $4,000 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R313274

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-107-700-0001-092-000-0000