NOT LISTED FOR SALE

222 W Chestnut St East Rochester, NY 14445

Estimated Value: $230,000 - $271,000

5 Beds
3 Baths
2,757 Sq Ft
$89/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $148,000 $54 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,867/month

6 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Property is near a bus stop
  • Finished Attic
  • Forced Air Cooling System
  • Ceiling Fan

About This Home

As of April 2019

Front House has 3 apartments (2 bed, 2 bed, studio). Rear House is single family with 3 bed, 1 bath. Cash Cow brings $33,300/year gross rents. 12% Cap Rate. Numbers don't lie. Fully rented with leases. Parking for 4 cars. All appliances included. Front house tear off roof 2018. Rear house metal roof 2017. Rear house remodeled 2017. Front house apt 2 remodeled 2018. First floor bathroom & studio bathroom updated 2016. Showings scheduled for Sundays 12pm-2pm & Wednesdays 6pm-8pm. 48 hours notice to show otherwise.

Last Agent to Sell the Property

Joseph Thon

Listing by Canalside Realty LLC License #10491210763 Listed on: 03/04/2019

Last Buyer's Agent

Joseph Thon

Listing by Canalside Realty LLC License #10491210763 Listed on: 03/04/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 90 x 40

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,757 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Fire Escape

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Attic

  • Full Attic
  • Finished Attic

Location

  • Property is near a bus stop

Schools

  • East Rochester Junior-Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, snow removal, water
  • Tax Lot 9
  • Assessor Parcel Number 138.84-2-9 & 138.84-2-10

Community Details

Overview

  • 4 Units
  • Vanderbilt Improv Co Community
  • Vanderbilt Improv Co Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $4,100
  • Gross Income $33,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 4100
  • NY Swis Code: East Rochester-Village-265801
  • Total Assessed Value: 147700
  • Foundation Description: Block
  • Gross Annual Income: 33300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 90
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 9
  • Nearest Cross Street: Garfield
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1850000.00
  • Ratio Close Price By Sq Ft: 53.68
  • Ratio List Price By Acres: 2123750.00
  • Ratio List Price By Sq Ft: 61.62
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • School Tax: 3817
  • Sub Board Code: Rochester
  • Type of Residence: 1 Lot - Multi Structures, 4 Unit
  • Type of Sale: Normal
  • Village: East Rochester-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 3485
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: 490 exit to East Rochester, north on Garfield, west on W Chestnut
  • Subdivision Comm Complex: Vanderbilt Improv Co
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Finished, Full
  • Basement Description: Full, Slab
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Refrigerator, Washer
  • Total Sq Ft: 2757

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Fire Escape
  • Number of Acres: 0.0800

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air, Hot Water
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: East Rochester
  • High School: East Rochester Junior-Senior High

Lot Info

  • Parcel Number: 138.84-2-9 & 138.84-2-10

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 8556

MLS Schools

  • High School Name: East Rochester Junior-Senior High
  • School District Name: East Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 25, 2019
Sold by
Thon Joe and Thon Jeff
Bought by
Testa Robert
Seller's Agent
Joseph Thon
Canalside Realty LLC
Buyer's Agent
Joseph Thon
Canalside Realty LLC
List Price
$169,900
Sold Price
$148,000
Premium/Discount to List
-$21,900
-12.89%
Current Estimated Value
$246,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,667
Avg. Annual Appreciation
8.33%
Original Mortgage
$111,000
Outstanding Balance
$97,986
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$149,347
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
Testa Robert $148,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Testa Robert $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $148,000 -12.9% $54 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $169,900 +21.4% $62 / Sq Ft
03/21/2016 03/21/16 Sold $140,000 -6.7% $42 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $150,000 +11.1% $45 / Sq Ft
08/16/2012 08/16/12 Sold $135,000 +0.1% $66 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $134,900 -- $66 / 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 $6,630 $105,500 $20,100 $85,400
2023 $6,630 $105,500 $20,100 $85,400
2022 $6,141 $105,500 $20,100 $85,400
2021 $5,053 $105,500 $20,100 $85,400
2020 $5,090 $105,500 $20,100 $85,400
2019 $6,076 $105,500 $20,100 $85,400
2018 $6,038 $105,500 $20,100 $85,400
2017 $2,777 $105,500 $20,100 $85,400
2016 $6,076 $105,500 $20,100 $85,400
2015 -- $105,500 $20,100 $85,400
2014 -- $105,500 $20,100 $85,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joseph Thon

    Canalside Realty LLC

    (585) 314-7203

    26 Total Sales

    Joseph Thon
    Section Image

  • C

    Seller's Agent in 2016

    Catherine Barton

    Barton Team Realty LLC

  • M

    Buyer's Agent in 2016

    Michael Thon

    Mitchell Realty Group LLC

  • P

    Seller's Agent in 2012

    Patrick Langworthy

    Oxford Clay Realty

    (585) 330-4158

    31 Total Sales

    Patrick Langworthy
    Section Image
  • Linda Wilson

    Seller Co-Listing Agent in 2012

    Linda Wilson

    Empire Realty Group

    (585) 750-5034

    123 Total Sales

    Linda Wilson
    Section Image
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Map

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

MLS Number: R1175949

Upstate New York Real Estate Information Services (UNYREIS)

APN: 265801-138-840-0002-009-000

New York Monroe County East Rochester 14445

222 W Chestnut St, East Rochester, NY

This home is located at 222 W Chestnut St, East Rochester, NY 14445 since 04 March 2019 and is currently estimated at $246,667, approximately $89 per square foot. This property was built in 1920. 222 W Chestnut St is a home located in Monroe County with nearby schools including East Rochester Elementary School, East Rochester Junior/Senior High School, and St John Bosco School.

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