NOT LISTED FOR SALE

3988 Lake Ave Unit 3990 Rochester, NY 14612

Charlotte Neighborhood

Estimated Value: $281,000 - $373,543

5 Beds
3 Baths
2,526 Sq Ft
$127/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $300,000 $119 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,886/month

5 Days on Market

Highlights

  • Thermal Windows
  • Property is near a bus stop
  • Baseboard Heating

About This Home

As of October 2023

Introducing an exceptional triplex property situated in a prime location, offering the perfect combination of urban convenience and suburban tranquility. This property boasts a massive 7-car garage, providing ample space for parking and storage, making it ideal for car enthusiasts or those who need extra storage space.The first unit is a cozy studio apartment, perfect for someone looking for a low-maintenance living space. The second unit features 2 bedrooms and 1 bathroom, offering ample space for a small family or roommates. The third unit is a spacious 3 bedroom/1 bathroom, or alternatively, a 2 bedroom unit with a separate living room.Each unit is designed with comfort and convenience in mind, featuring modern amenities and finishes such as updated kitchens and bathrooms, ample natural light, and spacious living areas.Overall, this triplex property is a rare gem, offering a unique combination of space, convenience, and comfort, making it an ideal investment opportunity for those looking to capitalize on the thriving real estate market in the Rochester area. Delayed negotiations until 4/24 @ 5pm.

Last Agent to Sell the Property

Gabrielle Marino

Listing by Revolution Real Estate License #10401339826 Listed on: 04/20/2023

Last Buyer's Agent

AbuBakr Abdul-Latif

Listing by Nationwide Houses LLC License #10401341413

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,895

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 135 x 44

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,526 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 7 Car Garage
  • Garage Door Opener
  • Shared Driveway

Location

  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes heat, hot water
  • Assessor Parcel Number 261400-061-210-0001-044-000-0000

Community Details

Overview

  • 3 Units
  • J M Fitzgerald Community
  • J M Fitzgerald Subdivision

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,895

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 109800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 135
  • Lot Dimension Front: 44
  • Lot Information: Near Bus Line, Primary Road
  • Nearest Cross Street: Hannahs Terrace
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2142857.14
  • Ratio Close Price By Sq Ft: 118.76
  • Ratio List Price By Acres: 2070714.29
  • Ratio List Price By Sq Ft: 114.77
  • Regional Board Code: Rochester
  • Rent Includes: Heat, Hot Water
  • Roof Description: Asphalt
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 113
  • Year Built: 1910
  • Directions To Property: Located directly on Lake Avenue by Salvatores Pizza
  • Subdivision Comm Complex: J M Fitzgerald
  • Attribution Contact: 585-329-3774
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Pex Plumbing- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Linoleum/Vinyl
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 2526

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, Thermal Windows - Some
  • Number of Acres: 0.1400

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 7.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Shared

Utilities

  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rochester

Green Features

  • Energystar: Windows

Lot Info

  • Parcel Number: 261400-061-210-0001-044-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4895

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Suplex Properties Llc
Bought by
Shaik Arfath Imran and Sariya Juhi
Current Estimated Value
$304,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,917
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2020
Sold by
Chatfield Brad
Bought by
Suplex Properties Llc

Purchase Details

Closed on
Jul 26, 2018
Sold by
Harris Bull Corp
Bought by
Chatfield Brad

Purchase Details

Closed on
Nov 18, 1996
Sold by
Seils Susan
Bought by
Harris Bull Corp
Source: Public Records

Range of Values:

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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
Shaik Arfath Imran $300,000 Webtitle
Suplex Properties Llc $40,000 None Available
Chatfield Brad -- None Available
Harris Bull Corp $75,308 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaik Arfath Imran $269,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $300,000 +3.5% $119 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $289,900 -- $115 / 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 $2,632 $281,100 $8,600 $272,500
2023 $1,200 $109,800 $23,600 $86,200
2022 $1,497 $109,800 $23,600 $86,200
2021 $1,577 $109,800 $23,600 $86,200
2020 $1,596 $109,800 $23,600 $86,200
2019 $1,523 $90,000 $23,600 $66,400
2018 $2,825 $90,000 $23,600 $66,400
2017 $4,386 $90,000 $23,600 $66,400
2016 $1,523 $90,000 $23,600 $66,400
2015 -- $90,000 $23,600 $66,400
2014 -- $90,000 $23,600 $66,400
Source: Public Records

Agents Affiliated with this Home

  • Gabrielle Marino

    Seller's Agent in 2023

    Gabrielle Marino

    Revolution Real Estate

    (585) 329-3774

    2 in this area

    112 Total Sales

    Section Image
  • AbuBakr Abdul-Latif

    Buyer's Agent in 2023

    AbuBakr Abdul-Latif

    Nationwide Houses LLC

    (845) 775-8203

    2 in this area

    35 Total Sales

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Map

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

MLS Number: R1465707

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-061-210-0001-044-000-0000

New York Monroe County Rochester 14612 Charlotte

3988 Lake Ave Unit 3990, Rochester, NY

This home is located at 3988 Lake Ave Unit 3990, Rochester, NY 14612 since 20 April 2023 and is currently estimated at $320,136, approximately $126 per square foot. This property was built in 1910. 3988 Lake Ave Unit 3990 is a home located in Monroe County with nearby schools including Abelard Reynolds School No. 42, RISE Community School No. 106, and Virgil Grissom School No. 7.

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