NOT LISTED FOR SALE

40 Rose St Unit 42 Geneva, NY 14456

Estimated Value: $184,000 - $191,477

7 Beds
2.5 Baths
2,712 Sq Ft
$70/Sq Ft Est. Value

Last Sold December 11, 2023

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

Est. 80% increase in value since last sale

Current estimated payment $1,248/month

127 Days on Market

Highlights

  • Full Attic
  • Luxury Vinyl Tile Flooring
  • 4-minute walk to Genesee Park
  • Forced Air Cooling System

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 License #30FR0894907 Listed on: 06/02/2023

Howard Hanna

Last Buyer's Agent

Belinda Fratto

Listing by Howard Hanna 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 115 x 51

Home Design

  • Duplex

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Attic

  • Full Attic
  • Partial Attic

Parking

  • 2 Car Garage
  • Stone Driveway

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 17
  • Assessor Parcel Number 320500-104-026-0001-017-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 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

0

Listing Details

  • Annual Operating Expenses: 844
  • NY Swis Code: Geneva-City-320500
  • Total Assessed Value: 79000
  • Gross Annual Income: 24000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 51
  • Lot Information: Neighborhood Street
  • Lot Number: 17
  • Nearest Cross Street: North Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 780089.15
  • Ratio Close Price By Sq Ft: 38.72
  • Ratio List Price By Acres: 1039375.93
  • Ratio List Price By Sq Ft: 51.59
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1767
  • Sub Board Code: Rochester
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5865
  • Age of Building: 138
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 2712
  • Directions To Property: Starting from North Street turn onto Rose Street and house sits proudly on the left side of street.
  • Sq Ft Total Pub: 2712
  • Attribution Contact: 315-521-7413
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1885

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full, Partial
  • Basement Description: Full
  • Floor Description: Vinyl-Luxury-Some, Wall To Wall Carpet-Some
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 7
  • Total Sq Ft: 2712

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1346

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Geneva

Lot Info

  • Parcel Number: 320500-104-026-0001-017-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3711

MLS Schools

  • School District Name: Geneva

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
Total Days on Market
127
Current Estimated Value
$188,619

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
$151,601
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$37,018

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
344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.56%
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

Similar Home in Geneva, NY

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
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

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
Previous Owner Lahr Chad $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $5,842 $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

Agents Affiliated with this Home

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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