NOT LISTED FOR SALE

215 Magee Ave Unit 217 Rochester, NY 14613

Edgerton Neighborhood

Estimated Value: $114,338 - $217,000

5 Beds
4 Baths
3,380 Sq Ft
$45/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $68,000 $20 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $921/month

10 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System

About This Home

As of September 2019

This GIGANTIC 3 family has a 3 car garage and was built as a 6/6, side by side, two family and converted to a 3 family many years ago. The east side unit is the original 6/3/1.5-1/2 attic 1/2 basement, separate utilities. The west side consisted of 2-3 room, 1BR units, one on each floor with separate electric but only 1 furnace & 1 h2o tank for the 2 units. The C of O has expired, rents are below market value, & the home needs TLC. This is an AS-IS sale, preferably cash, possibly a STRONG conventional-80%LTV(or less).

Last Agent to Sell the Property

Samuel Morreale

Listing by Better Homes and Gardens Real Estate Prosperity License #40MO0463310 Listed on: 07/01/2019

Better Homes and Gardens Real Estate Prosperity

Last Buyer's Agent

Joe DiMarzo

Listing by Key Property Ventures, LLC License #10491209888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,975 Sq Ft Lot
  • Lot Dimensions are 119 x 50

Parking

  • 3 Car Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,380 Sq Ft Home
  • 2.5-Story Property
  • Thermal Windows
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

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

  • Rent includes heat, hot water, water
  • Tax Lot 19
  • Assessor Parcel Number 261400-090-580-0002-019-000-0000

Community Details

Overview

  • 3 Units
  • Mc Kee Community
  • Mc Kee Subdivision

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $3,700
  • Gross Income $17,844

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Operating Expenses: 3700
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 89000
  • Foundation Description: Block
  • Gross Annual Income: 17844
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 119
  • Lot Dimension Front: 50
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 19
  • Nearest Cross Street: Adrian
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 495626.82
  • Ratio Close Price By Sq Ft: 20.12
  • Ratio List Price By Acres: 618804.66
  • Ratio List Price By Sq Ft: 25.12
  • Regional Board Code: Rochester
  • Rent Includes: Heat, Hot Water, Water
  • Roof Description: Asphalt
  • School Tax: 2841
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5975
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Start at Route 104, south on Lake Avenue, west on Magee Avenue, opposite Adrian Street.
  • Subdivision Comm Complex: Mc Kee
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some
  • Total Sq Ft: 3380

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Thermal Windows - Some
  • Number of Acres: 0.1372

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

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

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-090-580-0002-019-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4310

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Jul 31, 2019
Sold by
Preston Donald P
Bought by
Distinguished Prop Of Rochester Llc
Seller's Agent
Samuel Morreale
Better Homes and Gardens Real Estate Prosperity
Buyer's Agent
Joe DiMarzo
Key Property Ventures, LLC
List Price
$84,900
Sold Price
$68,000
Premium/Discount to List
-$16,900
-19.91%
Total Days on Market
10
Current Estimated Value
$153,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,335
Avg. Annual Appreciation
15.07%
Original Mortgage
$68,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Distinguished Prop Of Rochester Llc $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Distinguished Prop Of Rochester Llc $128,000
Closed Distinguished Prop Of Rochester Llc $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $68,000 -19.9% $20 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $84,900 -- $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 $1,283 $160,100 $9,300 $150,800
2023 $1,283 $96,900 $6,300 $90,600
2022 $1,333 $96,900 $6,300 $90,600
2021 $1,433 $96,900 $6,300 $90,600
2020 $1,447 $94,900 $6,300 $88,600
2019 $1,474 $89,000 $6,300 $82,700
2018 $2,841 $89,000 $6,300 $82,700
2017 $4,535 $89,000 $6,300 $82,700
2016 $1,474 $89,000 $6,300 $82,700
2015 -- $87,800 $6,300 $81,500
2014 -- $87,800 $6,300 $81,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1206760

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-090-580-0002-019-000-0000