$196,000
SOLD JUN 15, 2018

38 Chapin St Canandaigua, NY 14424

-- Bed
-- Bath
3,936 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

22% Below List Price

33 Days on Market

Highlights

  • Property is near public transit
  • Furnished
  • Carpet
  • Canandaigua Academy And Middle School Rated A-
  • Forced Air Heating System
  • 2-minute walk to Atwater Park

About This Home

As of January 2022

*** ROOMING HOME *** The current owner is a second generation operator and is seeking to retire. The current owners have operated the home with up to 12 residence at up to $1,000.00 per month. The monthly rent includes a furnished sleeping space, common living areas, Common dining area and includes cable . internet and all utilities as well as three meals per day. It can also be operated as a Rooming Home only and not provide meals. Income / Expense Proforma's are available. This is a real money maker while providing a valuable service to the community. Owners 1 BR apartment attached. Newer Roof and Heating plant is 3 years old.

Last Agent to Sell the Property

Andrew Griffith

Listing by Griffith Realty Group License #10311200292 Listed on: 02/06/2018

Last Buyer's Agent

Jon Bagley

Listing by Griffith Realty Group License #10401244739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,938

Year Built

  • Built in 1940

Home Design

  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 3,936 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Lot Dimensions are 50x160
  • Property is near public transit

Community Details

  • 12 Units

Listing and Financial Details

  • Rent includes all utilities, common area maintenance, electricity, heat, hot water, cable TV
  • Assessor Parcel Number 320200-84.09-2-27

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,938

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Common Area Maintenance, Electricity, Heat, Hot Water, Other, See Remarks, Cable TV
  • Year Built: 1940
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: South Main Street to Chapin Street
  • Flooring: Carpet, Laminate, Resilient, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding
  • Exterior Features: Gravel Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway, No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Canandaigua

Lot Info

  • Parcel Number: 320200-84.09-2-27
  • Lot Dimensions: 50X160
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 7938.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Franz Marcus
Bought by
Nolt Curvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Outstanding Balance
$225,421
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,019

Purchase Details

Listed on
Jul 7, 2021
Closed on
Dec 30, 2021
Sold by
38 Chapin Street Llc
Bought by
Franz Marcus
Seller's Agent
Jon Bagley
Griffith Realty Group
Buyer's Agent
Marcus Franz
Mitchell Realty Group LLC
List Price
$329,000
Sold Price
$190,000
Premium/Discount to List
-$139,000
-42.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.57%

Purchase Details

Closed on
May 10, 2019
Sold by
Jay Ladue Llc
Bought by
36 Chapin Street Llc

Purchase Details

Listed on
Feb 6, 2018
Closed on
Jun 19, 2018
Sold by
Woolwine Mary B
Bought by
Jay Ladue Llc
Seller's Agent
Andrew Griffith
Griffith Realty Group
Buyer's Agent
Jon Bagley
Griffith Realty Group
List Price
$250,000
Sold Price
$196,000
Premium/Discount to List
-$54,000
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$220,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2016
Sold by
Woolwine James
Bought by
Woolwine Mary Beth

Purchase Details

Closed on
Mar 28, 2014
Sold by
Spedick Robyn
Bought by
Woolwine James

Purchase Details

Closed on
Jan 26, 2009
Sold by
Spedick Robert
Bought by
Spedick Robyn
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 Type Sale Price Title Company
Warranty Deed $305,000 None Available
Warranty Deed $305,000 None Available
Warranty Deed $190,000 None Available
Warranty Deed $190,000 None Available
Warranty Deed -- --
Deed $160,000 --
Deed $160,000 --
Interfamily Deed Transfer -- Derek Brocklebank
Interfamily Deed Transfer -- Derek Brocklebank
Interfamily Deed Transfer -- Derek Brocklebank
Interfamily Deed Transfer -- Derek Brocklebank
Deed -- Richard Brocklebank
Deed -- Richard Brocklebank
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,750 Purchase Money Mortgage
Closed $228,750 Purchase Money Mortgage
Previous Owner $244,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $220,000 New Conventional
Previous Owner $55,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $315,000 +65.8% $64 / Sq Ft
01/03/2022 01/03/22 Sold $190,000 -17.0% $39 / Sq Ft
09/17/2021 09/17/21 Price Changed $229,000 -8.0% $47 / Sq Ft
08/10/2021 08/10/21 Price Changed $249,000 -7.4% $51 / Sq Ft
08/07/2021 08/07/21 Price Changed $269,000 -10.0% $55 / Sq Ft
07/19/2021 07/19/21 Price Changed $299,000 -9.1% $61 / Sq Ft
07/07/2021 07/07/21 For Sale $329,000 +67.9% $67 / Sq Ft
06/15/2018 06/15/18 Sold $196,000 -2.0% $50 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
02/07/2018 02/07/18 Price Changed $199,900 -11.2% $51 / Sq Ft
02/06/2018 02/06/18 Price Changed $225,000 -10.0% $57 / Sq Ft
02/06/2018 02/06/18 For Sale $250,000 -- $64 / 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 $6,545 $205,000 $15,500 $189,500
2023 $4,609 $190,000 $15,500 $174,500
2022 $5,051 $190,000 $15,500 $174,500
2021 $6,611 $267,000 $15,500 $251,500
2020 $6,488 $245,000 $14,900 $230,100
2019 $7,939 $245,000 $14,900 $230,100
2018 $4,638 $245,000 $14,900 $230,100
2017 $7,939 $245,000 $14,900 $230,100
2016 $4,709 $244,000 $14,900 $229,100
2015 $4,710 $244,000 $14,900 $229,100
2014 -- $244,000 $14,900 $229,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1097776

Upstate New York Real Estate Information Services (UNYREIS)

APN: 320200-084-009-0002-027-000