$51,000
SOLD DEC 17, 2015

40 Fairbanks St Rochester, NY 14621

4 Beds
1 Bath
1,040 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

7% Below List Price

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Wood Flooring
  • Eat-In Kitchen
  • Living Room

About This Home

As of December 2015

Completely remodeled top to bottom in 2015, Brand New Lifetime Architectural Roof, Brand New Shaker Kitchen, All New Flooring throughout

Last Agent to Sell the Property

Thomas Gangemi

Listing by Rock Beach Real Estate, LLC License #49GA1060028 Listed on: 08/06/2015

Last Buyer's Agent

Thomas Gangemi

Listing by Rock Beach Real Estate, LLC License #49GA1060028 Listed on: 08/06/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1912

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 73 x 35

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Stone Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • E F Wilson Farm Community
  • E F Wilson Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 261400-091-720-0003-078-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,309

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Age: 103
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 20100
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 73
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • L P Per Acre: 915000.0000
  • List Price per Sq Ft: 52.7884
  • Nearest Cross Street: Dewey
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 850000.00
  • Ratio Close Price By Sq Ft: 49.04
  • Ratio List Price By Acres: 915000.00
  • Ratio List Price By Sq Ft: 52.79
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • Sale Price List Price: 0.9289
  • S P Per Acre: 850000.0000
  • S P Per Sq Ft: 49.0400
  • Styles of Residence: Colonial
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Value Range Search Low Price: 54900.00
  • Year Built Description: Existing
  • Age of Building: 110
  • Year Built: 1912
  • Directions To Property: Joseph to Fairbanks
  • Subdivision Comm Complex: E F WILSON FARM
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1912

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Living Room
  • Basement Description: Full
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1040

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0600

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

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

Lot Info

  • Parcel Number: 261400-091-720-0003-078-000-0000

Tax Info

  • Total Taxes: 1309

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Dec 15, 2015
Sold by
Gangemi Louis
Bought by
Tardis Properties Llc
Seller's Agent
Thomas Gangemi
Rock Beach Real Estate, LLC
Buyer's Agent
Thomas Gangemi
Rock Beach Real Estate, LLC
List Price
$54,900
Sold Price
$51,000
Premium/Discount to List
-$3,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$682,950
Outstanding Balance
$549,272
Interest Rate
3.98%
Mortgage Type
Commercial
Estimated Equity
-$474,697

Purchase Details

Closed on
Mar 31, 2015
Sold by
Ward Melinda M and Austin Melinda M
Bought by
Gangemi Louis

Purchase Details

Closed on
Jun 4, 2003
Sold by
A & L Properties
Bought by
Austin Melinda

Purchase Details

Closed on
Oct 18, 2002
Sold by
B & A Realty Enterprises
Bought by
A & L Properties

Purchase Details

Closed on
Dec 3, 2001
Sold by
Frank Forman
Bought by
B & A Realty Enterprises
Source: Public Records

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Range of Values:

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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 $51,000 None Available
Warranty Deed $8,000 None Available
Deed $26,000 Curt Dehm
Deed -- --
Deed $6,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $682,950 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $69,900 +37.1% $67 / Sq Ft
12/17/2015 12/17/15 Sold $51,000 -7.1% $49 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $54,900 -- $53 / 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 $427 $45,600 $3,000 $42,600
2023 $379 $24,800 $2,000 $22,800
2022 $471 $24,800 $2,000 $22,800
2021 $629 $24,800 $2,000 $22,800
2020 $541 $24,800 $2,000 $22,800
2019 $376 $24,800 $2,000 $22,800
2018 $1,062 $24,800 $2,000 $22,800
2017 $0 $24,800 $2,000 $22,800
2016 $376 $24,800 $2,000 $22,800
2015 $568 $20,100 $2,000 $18,100
2014 $568 $20,100 $2,000 $18,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R281476

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-091-720-0003-078-000-0000