NOT LISTED FOR SALE

Estimated Value: $485,000 - $590,481

6 Beds
4 Baths
3,608 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $397,500 $110 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,261/month

6 Days on Market

Highlights

  • Cathedral Ceiling
  • Finished Attic
  • 1 Fireplace
  • Wood Flooring
  • Full Attic
  • Corner Lot

About This Home

As of June 2021

Here is your opportunity to live right in the heart of the Park Ave neighborhood! This large, 3-family home is located at the corner of Park Ave and Rutgers. It has a 3 bedroom/2 bath unit, 2 bedroom/1 bath unit and a 1 bedroom/1 bath unit. There is a private paver parking area for 4 cars located behind it, off Rutgers. Separate utilities and heat for each unit are paid for by the tenants. Laundry hookups in the 2 bedroom/1 bath unit and another hookup in the basement. Large front porch, perfect for relaxing. Has been leased 100% of the time that the current owners have had it. All leases expire on 5/26 so it will be vacant and available to make any upgrades desired or for the new owner to occupy. There are 3 showing windows by appt only on 3/6 5pm-7pm, 3/7 11am-1pm & 3/8 10am-12pm. Delayed negotiations are Monday, 5/10/21 at 5:30pm!

Last Agent to Sell the Property

Kelli Conner

Listing by Howard Hanna License #10401269918 Listed on: 05/04/2021

Howard Hanna

Last Buyer's Agent

Grant Pettrone

Listing by Revolution Real Estate License #10491209675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,440

Year Built

  • Built in 1897

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 168 x 46
  • Corner Lot
  • Private Yard

Parking

  • Shared Driveway

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,608 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Stained Glass
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Attic

  • Full Attic
  • Finished Attic

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, refuse removal, snow removal, water
  • Tax Lot 3
  • Assessor Parcel Number 261400-121-510-0002-003-000-0000

Community Details

Overview

  • 3 Units
  • Park Avenue Community
  • Park Avenue Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $13,733
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,440

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Annual Operating Expenses: 13733
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 300000
  • Foundation Description: Block
  • Gross Annual Income: 39000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 168
  • Lot Dimension Front: 46
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street, Preservation District
  • Lot Number: 3
  • Nearest Cross Street: Rutgers
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2338235.29
  • Ratio Close Price By Sq Ft: 110.17
  • Ratio List Price By Acres: 2058235.29
  • Ratio List Price By Sq Ft: 96.98
  • Regional Board Code: Rochester
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 6727
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 125
  • Year Built: 1897
  • Directions To Property: Park Avenue to Rutgers
  • Subdivision Comm Complex: Park Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1897

Interior Features

  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some, Stained Glass - Some
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Other: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 3608

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Patio, Private Yard - see Remarks, Thermal Windows - Some
  • Number of Acres: 0.1700

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces, Parking Area, Shared

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 4
  • 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: 261400-121-510-0002-003-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable, Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 10440

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Aug 9, 2021
Sold by
Mandelberger Joshua
Bought by
403 Park Avenue Llc
Seller's Agent
Kelli Conner
Howard Hanna
Buyer's Agent
Grant Pettrone
Revolution Real Estate
List Price
$349,900
Sold Price
$397,500
Premium/Discount to List
$47,600
13.6%
Current Estimated Value
$532,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,370
Avg. Annual Appreciation
7.25%
Original Mortgage
$298,125
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 11, 2021
Sold by
Hammerhead Lima Properties Llc
Bought by
Mandelberger Joshua M
Seller's Agent
Kelli Conner
Howard Hanna
Buyer's Agent
Grant Pettrone
Revolution Real Estate
List Price
$349,900
Sold Price
$397,500
Premium/Discount to List
$47,600
13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,125
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 10, 2013
Sold by
Nickens June Joiner and Joiner June E S
Bought by
Hammerhead Lima Properties Llc
Seller's Agent
Carole Snow
RE/MAX Realty Group
Buyer's Agent
Carole Snow
RE/MAX Realty Group
List Price
$289,900
Sold Price
$276,500
Premium/Discount to List
-$13,400
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%

Purchase Details

Closed on
Sep 7, 1994
Sold by
Brescia Louis V
Bought by
Joiner June E S
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
403 Park Avenue Llc -- None Available
Mandelberger Joshua M $397,500 None Available
Hammerhead Lima Properties Llc $267,500 None Available
Joiner June E S $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandelberger Joshua M $298,125
Previous Owner Nicken June $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $397,500 +13.6% $110 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $349,900 0.0% $97 / Sq Ft
02/01/2014 02/01/14 Rented $1,250 -10.7% --
02/01/2014 02/01/14 Under Contract -- -- --
12/04/2013 12/04/13 For Rent $1,400 0.0% --
07/01/2013 07/01/13 Sold $276,500 -4.6% $77 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $289,900 -- $80 / 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 $4,289 $458,100 $19,200 $438,900
2023 $3,897 $300,000 $12,700 $287,300
2022 $3,660 $300,000 $12,700 $287,300
2021 $3,713 $300,000 $12,700 $287,300
2020 $3,689 $300,000 $12,700 $287,300
2019 $3,777 $267,500 $12,700 $254,800
2018 $6,492 $267,500 $12,700 $254,800
2017 $0 $267,500 $12,700 $254,800
2016 $3,777 $267,500 $12,700 $254,800
2015 $5,391 $200,000 $12,700 $187,300
2014 $5,391 $200,000 $12,700 $187,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1334142

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-121-510-0002-003-000-0000