NOT LISTED FOR SALE

Estimated Value: $61,000 - $94,188

4 Beds
2 Baths
1,920 Sq Ft
$41/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $65,000 $34 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $482/month

22 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Gas
  • 3-minute walk to Fourth Street and Peck Street Park

About This Home

As of May 2023

Great cash flowing duplex in the 14605 Neighborhood. Property has a gross rent of $16,800 annually and a double-digit cap rate (See attached cap rate calculation). Perfect for a new investor, or someone looking to add to your portfolio. Both tenants have been long term tenants. Submit all showing requests through Showing Time. Available times are 10am-3pm. Tenant occupied, so please allow 24-48 hours advance notice for showings. Only permits on file with city will be provided, and commissions will be paid on net of sale. Current GAI with both tenants paying full rent is $16,800. Current C of O expires 10/1/24. Delayed Negotiations Wednesday Jan 25th 6pm.

Last Agent to Sell the Property

Talha Shahid

Listing by Epique Realty Inc. License #10401354753 Listed on: 01/19/2023

Last Buyer's Agent

Darnell Simon

Listing by Scott Realty Group LLC License #10401349571

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,449

Year Built

  • Built in 1920

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 120 x 40

Home Design

  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes hot water, lawn maintenance
  • Tax Lot 64
  • Assessor Parcel Number 261400-106-590-0002-064-000-0000

Community Details

Overview

  • 2 Units
  • 14Th Ward Assn Community
  • 14Th Ward Assn Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,449

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 39800
  • Gross Annual Income: 16800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 64
  • Nearest Cross Street: Pennsylvania Ave
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 589836.66
  • Ratio Close Price By Sq Ft: 33.85
  • Ratio List Price By Acres: 543557.17
  • Ratio List Price By Sq Ft: 31.20
  • Regional Board Code: Rochester
  • Rent Includes: Hot Water, Lawn Maintenance
  • Roof Description: Shingles
  • Sub Board Code: Rochester
  • Type of Residence: 2 Lot - 2 Dwellings
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4800
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1920
  • Directions To Property: N. Goodman to Pennsylvania to 3rd St
  • Sq Ft Total Pub: 1920
  • Subdivision Comm Complex: 14th Ward Assn
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Attic Description: Stair Access, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1920

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1102

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Concrete, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Radiant
  • Number of Gas Meters: 2
  • Number of Heating Units: 1
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-106-590-0002-064-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2449

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
May 1, 2023
Sold by
Taher Falih J Al
Bought by
Darnell Simon
Seller's Agent
Talha Shahid
Epique Realty Inc.
Buyer's Agent
Darnell Simon
Scott Realty Group LLC
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Views
210
Current Estimated Value
$79,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,047
Avg. Annual Appreciation
9.04%
Original Mortgage
$63,000
Outstanding Balance
$61,328
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$17,719

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jan 11, 2021
Sold by
Napier Enterprises Llc
Bought by
Al Taher Falih J
Seller's Agent
Brian Timmons
RE/MAX Realty Group
Buyer's Agent
Brian Timmons
RE/MAX Realty Group
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Sep 24, 2013
Sold by
Baker James K
Bought by
Napier Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Darnell Simon $65,000 None Listed On Document
Al Taher Falih J $55,000 Abar Abstract Corp
Napier Enterprises Llc $21,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darnell Simon $63,000
Previous Owner Napier Enterprises Llc $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $65,000 +8.5% $34 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $59,900 +8.9% $31 / Sq Ft
02/25/2021 02/25/21 Sold $55,000 -4.3% $29 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/24/2020 11/24/20 Price Changed $57,500 -4.0% $30 / Sq Ft
11/04/2020 11/04/20 For Sale $59,900 -- $31 / 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 $619 $66,100 $5,800 $60,300
2023 $866 $39,800 $2,800 $37,000
2022 $968 $39,800 $2,800 $37,000
2021 $646 $39,800 $2,800 $37,000
2020 $646 $39,800 $2,800 $37,000
2019 $741 $34,700 $2,800 $31,900
2018 $2,163 $34,700 $2,800 $31,900
2017 $0 $34,700 $2,800 $31,900
2016 $741 $34,700 $2,800 $31,900
2015 $1,782 $25,000 $2,800 $22,200
2014 $1,782 $25,000 $2,800 $22,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: R1452069

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-106-590-0002-064-000-0000