NOT LISTED FOR SALE

400 Fernwood Ave Rochester, NY 14609

Northland-Lyceum Neighborhood

Estimated Value: $158,000 - $197,296

5 Beds
3 Baths
2,646 Sq Ft
$67/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $133,500 $50 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,085/month

8 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Partially Fenced Property
  • Wood Flooring
  • Forced Air Cooling System

About This Home

As of July 2021

Turn key investment property with fantastic cash flow! High quality three unit home, all three units rented to long term tenants all current on rent, could make a great owner occupied property as well. Brand new C of O that will transfer to the new owner! Seperate utilities, off street parking, and updated spacious units on a quiet street. Gross annual rents are over $24,000 a year, great ROI. This one won't last, schedule a showing today! Delayed showings until Monday May 17 at 2 PM, delayed negotiations until Saturday May 22 at 5 PM

Last Agent to Sell the Property

Peter Schick

Listing by Colleen M. Burke License #10301216543 Listed on: 05/15/2021

Last Buyer's Agent

Steven Freyler

Listing by Keller Williams Realty Greater Rochester License #10401345007

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 1920

Lot Details

  • 5,049 Sq Ft Lot
  • Lot Dimensions are 124 x 40
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 42
  • Assessor Parcel Number 261400-106-280-0003-042-000-0000

Community Details

Overview

  • 3 Units
  • Fernwood Heights Tr Community
  • Fernwood Heights Tr Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,058

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 68600
  • Foundation Description: Block
  • Gross Annual Income: 24000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 124
  • Lot Dimension Front: 40
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Number: 42
  • Nearest Cross Street: Newcomb
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1151855.05
  • Ratio Close Price By Sq Ft: 50.45
  • Ratio List Price By Acres: 1035375.32
  • Ratio List Price By Sq Ft: 45.35
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Asphalt
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5049
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2646
  • Directions To Property: From downtown: North on Goodman, left on Fernwood
  • Sq Ft Total Pub: 2646
  • Subdivision Comm Complex: Fernwood Heights Tr
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Laundry-Common
  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Resilient-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2646

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Partially Fenced Yard
  • Number of Acres: 0.1159

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-106-280-0003-042-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4058

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jul 9, 2021
Sold by
Pecora Mark
Bought by
Wright Shantelle Denise
Seller's Agent
Peter Schick
Colleen M. Burke
Buyer's Agent
Steven Freyler
Keller Williams Realty Greater Rochester
List Price
$120,000
Sold Price
$133,500
Premium/Discount to List
$13,500
11.25%
Current Estimated Value
$176,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,574
Avg. Annual Appreciation
6.84%
Original Mortgage
$100,125
Outstanding Balance
$91,902
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$83,070

Purchase Details

Closed on
Nov 13, 2015
Sold by
Mengana Eduardo and Mengana Mayra
Bought by
Pecora Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,493
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2007
Sold by
Pickett Bransford
Bought by
Mengana Eduardo

Purchase Details

Closed on
Sep 1, 1994
Sold by
Donatelli Inc
Bought by
Cobb Robert

Purchase Details

Closed on
May 26, 1993
Sold by
Weeks Henry W
Bought by
Donatelli Inc
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 Buyer Sale Price Title Company
Wright Shantelle Denise $133,500 None Available
Pecora Mark $80,580 None Available
Mengana Eduardo $77,000 Mark Drexler
Cobb Robert $75,000 --
Donatelli Inc $13,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Shantelle Denise $100,125
Previous Owner Pecora Mark $68,493
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $133,500 +11.3% $50 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $120,000 -- $45 / 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 $1,499 $160,100 $9,100 $151,000
2023 $1,220 $68,600 $5,800 $62,800
2022 $1,083 $68,600 $5,800 $62,800
2021 $1,007 $68,600 $5,800 $62,800
2020 $1,115 $68,600 $5,800 $62,800
2019 $1,153 $68,000 $5,800 $62,200
2018 $2,618 $68,000 $5,800 $62,200
2017 $0 $68,000 $5,800 $62,200
2016 $1,153 $68,000 $5,800 $62,200
2015 $2,699 $71,000 $5,800 $65,200
2014 $2,699 $71,000 $5,800 $65,200
Source: Public Records

Agents Affiliated with this Home

  • Peter Schick

    Seller's Agent in 2021

    Peter Schick

    Colleen M. Burke

    (585) 270-0952

    3 in this area

    85 Total Sales

    Peter Schick
    Section Image

  • S

    Buyer's Agent in 2021

    Steven Freyler

    Keller Williams Realty Greater Rochester

See All Agents

Map

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

MLS Number: R1337094

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-106-280-0003-042-000-0000

New York Monroe County Rochester 14609 Northland-Lyceum

400 Fernwood Ave, Rochester, NY

This home is located at 400 Fernwood Ave, Rochester, NY 14609 since 15 May 2021 and is currently estimated at $176,074, approximately $66 per square foot. This property was built in 1920. 400 Fernwood Ave is a home located in Monroe County with nearby schools including Mary McLeod Bethune School No. 45, John James Audubon School No. 33, and School 25 Nathaniel Hawthorne.

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