NOT LISTED FOR SALE

40 Rose St Unit 42 Geneva, NY 14456

Estimated Value: $143,000 - $192,000

7 Beds
2.5 Baths
2,712 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2023

Last sale price $105,000 $39 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,235 / mo

127 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Genesee Park
  • 2 Car Garage
  • Carpet

About This Home

As of December 2023

2 Family House with Long term tenants Who Pay ALL Utilities including Water. This large 2-unit offers separate driveways, attic and basement assess. Older roof but No Leaks, Painted 3 years ago and offers laundry facilities on site. Cap Rate 12%. Tenant pays all utilities (electric, heat, water, trash). Approx per year: NYSEG= $1219; Water=$369; Insurance=$844. 48 hour notice required for all showings. All showings to be between 1PM-4PM M-F, weekends will vary. Pre-approval Required. This would Make a Great Owner Occupied Home.

Last Agent to Sell the Property

Belinda Fratto

Listing by Howard Hanna Brokerage Phone: 315-521-7413 License #30FR0894907 Listed on: 06/02/2023

Howard Hanna

Last Buyer's Agent

Belinda Fratto

Listing by Howard Hanna Brokerage Phone: 315-521-7413 License #30FR0894907 Listed on: 06/02/2023

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1885

Lot Details

  • 5,865 Sq Ft Lot
  • Lot Dimensions are 51x115

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 17
  • Assessor Parcel Number 320500-104-026-0001-017-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $844
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,711

Year Built

Built in 1885

Lot Details

5,865 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1885
  • Attribution Contact: 315-521-7413
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Starting from North Street turn onto Rose Street and house sits proudly on the left side of street.
  • Architectural Style: Duplex
  • Flooring: Carpet, Luxury Vinyl, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1346
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Gravel, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Geneva

Lot Info

  • Parcel Number: 320500-104-026-0001-017-000-0000
  • Lot Dimensions: 51X115
  • Lot Size Sq Ft: 5865.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 844.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3711.0
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Zamanikia Elmira
Bought by
Stanton Ridge Capital Llc
Current Estimated Value
$163,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$149,934
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$13,987

Purchase Details

Listed on
Jun 2, 2023
Closed on
Dec 11, 2023
Sold by
Lahr Chad S
Bought by
Zamanikia Elmira
Seller's Agent
Belinda Fratto
Howard Hanna
Buyer's Agent
Belinda Fratto
Howard Hanna
List Price
$169,000
Sold Price
$105,000
Premium/Discount to List
-$64,000
-37.87%
Views
343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.94%
Original Mortgage
$78,750
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2003
Sold by
Mahoney June
Bought by
Lahr Chad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Stanton Ridge Capital Llc $190,000 None Available
Stanton Ridge Capital Llc $190,000 None Available
Zamanikia Elmira $105,000 None Available
Zamanikia Elmira $105,000 None Available
Lahr Chad $64,000 Calvin Brainard
Lahr Chad $64,000 Calvin Brainard
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Stanton Ridge Capital Llc $152,000
Closed Stanton Ridge Capital Llc $152,000
Previous Owner Zamanikia Elmira $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $105,000 -24.9% $39 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
09/25/2023 09/25/23 Price Changed $139,900 -9.7% $52 / Sq Ft
07/06/2023 07/06/23 Price Changed $154,900 -2.6% $57 / Sq Ft
06/16/2023 06/16/23 Price Changed $159,000 -5.9% $59 / Sq Ft
06/02/2023 06/02/23 For Sale $169,000 -- $62 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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
2025 $4,176 $122,000 $5,700 $116,300
2024 $4,176 $122,000 $5,700 $116,300
2023 $5,722 $79,000 $5,700 $73,300
2022 $5,724 $79,000 $5,700 $73,300
2021 $5,668 $79,000 $5,700 $73,300
2020 $1,659 $79,000 $5,700 $73,300
2019 $0 $71,000 $5,000 $66,000
2018 $1,615 $71,000 $5,000 $66,000
2017 $0 $71,000 $5,000 $66,000
2016 $1,546 $71,000 $5,000 $66,000
2015 -- $67,800 $5,000 $62,800
2014 -- $67,800 $5,000 $62,800
Source: Public Records

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Map

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

MLS Number: R1472131

Upstate New York Real Estate Information Services (UNYREIS)

APN: 320500-104-026-0001-017-000-0000

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