NOT LISTED FOR SALE

254 Fernwood Ave Unit 256 Rochester, NY 14621

Estimated Value: $80,000 - $156,890

9 Beds
2 Baths
3,400 Sq Ft
$36/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $13,500 $4 Per Sq Ft

Est. 800% increase in value since last sale

Current estimated payment $762/month

22 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Baseboard Heating
  • Corner Lot
  • Property is near a bus stop

About This Home

As of March 2016

GAIN A FEW BUCKS! On the corner of Fernwood and Clairmount, 254-256 Fernwood Avenue is a whopping 3400 sq ft DOUBLE with 5 (or more) BIG bedrooms up and 4 BIG bedrooms down. Has both forced-air and electric heat, plenty of parking at the rear. Annual income may be as high as $19,200! Fannie Mae owned so HURRY - don't wait - call the Broker NOW for details!

Last Agent to Sell the Property

Ruth Rowe Campbell

Listing by Rowe Realty & Appraisal, Inc. License #31RO0478897 Listed on: 02/11/2016

Last Buyer's Agent

Ruth Rowe Campbell

Listing by Rowe Realty & Appraisal, Inc. License #31RO0478897 Listed on: 02/11/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 94 x 39
  • Corner Lot

Parking

  • No Garage

Home Design

  • Duplex

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Linoleum

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes refuse removal, water
  • Assessor Parcel Number 261400-106-280-0001-039-000-0000

Community Details

Overview

  • 2 Units
  • Jennings Tr Community
  • Jennings Tr Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 106
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 58700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 94
  • Lot Dimension Front: 39
  • Lot Information: Corner Lot, Near Bus Line
  • L P Per Acre: 133333.3300
  • List Price per Sq Ft: 3.5294
  • Nearest Cross Street: Clairmount Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 150000.00
  • Ratio Close Price By Sq Ft: 3.97
  • Ratio List Price By Acres: 133333.33
  • Ratio List Price By Sq Ft: 3.53
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Refuse Removal, Water
  • School Tax: 962
  • Sale Price List Price: 1.1250
  • S P Per Acre: 150000.0000
  • S P Per Sq Ft: 3.9700
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 12000.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: From Route 104 to Portland Avenue South. Left onto Fernwood Avenue. House is on corner of Fernwood Avenue and Clairmount Street.
  • Subdivision Comm Complex: JENNINGS TR
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wood-Some
  • Number of Rooms: 12
  • Total Sq Ft: 3400

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0900

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rochester
  • Middle School: Other - See Remarks

Lot Info

  • Parcel Number: 261400-106-280-0001-039-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2238

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 29, 2016
Sold by
Fannie Mae
Bought by
Jasper Eddie
Seller's Agent
Ruth Rowe Campbell
Rowe Realty & Appraisal, Inc.
Buyer's Agent
Ruth Rowe Campbell
Rowe Realty & Appraisal, Inc.
List Price
$12,000
Sold Price
$13,500
Premium/Discount to List
$1,500
12.5%
Current Estimated Value
$121,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,026
Avg. Annual Appreciation
27.02%

Purchase Details

Closed on
Sep 11, 2015
Sold by
Ciardi Eqs Francis M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 2, 2008
Sold by
Tabor Anne
Bought by
Orrocos Llc

Purchase Details

Closed on
Nov 30, 2007
Sold by
Maloney Patrick
Bought by
Tabor Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Pro Services Inc
Bought by
Maloney Patrick

Purchase Details

Closed on
Jul 12, 2006
Sold by
Denigris Peter R
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jasper Eddie $13,500 Old Republic National Title
Federal National Mortgage Association $49,500 None Available
Orrocos Llc -- --
Tabor Anne $72,000 --
Maloney Patrick -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jasper Eddie $35,200
Previous Owner Tabor Anne $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $13,500 +12.5% $4 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $12,000 -- $4 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,188 $126,900 $7,000 $119,900
2023 $1,082 $65,000 $5,500 $59,500
2022 $1,033 $65,000 $5,500 $59,500
2021 $1,052 $65,000 $5,500 $59,500
2020 $921 $65,000 $5,500 $59,500
2019 $928 $58,000 $5,500 $52,500
2018 $3,152 $58,000 $5,500 $52,500
2017 $3,321 $58,000 $5,500 $52,500
2016 $928 $58,000 $5,500 $52,500
2015 -- $58,700 $5,500 $53,200
2014 -- $58,700 $5,500 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B493132

Western New York Real Estate Information Services (WNYREIS)

APN: 261400-106-280-0001-039-000-0000