NOT LISTED FOR SALE

Estimated Value: $122,500 - $127,000

3 Beds
2 Baths
1,283 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $89,000 $69 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $741/month

5 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Private Yard
  • Property is near a bus stop

About This Home

As of January 2021

TURNKEY INVESTMENT PROPERTY IN THE MAPLEWOOD DISTRICT. THE LOWER UNIT WAS COMPLETLY REMODLED THIS PAST SUMMER.BUILDING IS FULLY RENTED GENERATING $1,570 A MONTH IN RENT. LOWER UNIT IS PAYING 870.00 AND UPPER IS PAYING 700.00.BUILDING HAS OFF STREET PARKING AND LARGE YARD. UPSTAIRS UNIT HAS A PRIVATE BALCONY AND BOTH UNITS SHARE LARGE FRONT PORCH. CAN BE PURCHASED AS A PACKAGE WITH R1305661

Last Agent to Sell the Property

Marcus Smith

Listing by Better Homes and Gardens Real Estate Prosperity License #10401325787 Listed on: 11/06/2020

Better Homes and Gardens Real Estate Prosperity

Last Buyer's Agent

Andrew Hannan

Listing by Keller Williams Realty Greater Rochester License #10301222706

Keller Williams Realty Greater Rochester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1920

Lot Details

  • 5,210 Sq Ft Lot
  • Lot Dimensions are 130 x 40
  • Private Yard

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,283 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Attic

  • Full Attic
  • Pull Down Stairs to Attic

Parking

  • Stone Driveway
  • Shared Driveway

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, snow removal, water
  • Tax Lot 43
  • Assessor Parcel Number 261400-090-410-0003-043-000-0000

Community Details

Overview

  • 2 Units
  • Summit Grove Community
  • Summit Grove Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,884
  • Gross Income $18,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,618

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1884
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 52000
  • Foundation Description: Block
  • Gross Annual Income: 18840
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 43
  • Nearest Cross Street: DAISEY STREET
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 744147.16
  • Ratio Close Price By Sq Ft: 69.37
  • Ratio List Price By Acres: 744147.16
  • Ratio List Price By Sq Ft: 69.37
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt, Shingles
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit, Duplex, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5210
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1283
  • Directions To Property: DEWEY AVE TO RIDGEWAY. BUILDING WILL BE ON YOUR RIGHT
  • Sq Ft Total Pub: 1283
  • Subdivision Comm Complex: Summit Grove
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Attic Description: Full, Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1283

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Private Yard - see Remarks
  • Number of Acres: 0.1196

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-090-410-0003-043-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2618

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 28, 2020
Sold by
Nazir Shoba D and Nazir Mohammed Shazaad
Bought by
Smith Benson Joshua
Seller's Agent
Marcus Smith
Better Homes and Gardens Real Estate Prosperity
Buyer's Agent
Andrew Hannan
Keller Williams Realty Greater Rochester
List Price
$89,000
Sold Price
$89,000
Current Estimated Value
$124,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,375
Avg. Annual Appreciation
7.38%
Original Mortgage
$63,000
Outstanding Balance
$56,228
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$68,147

Purchase Details

Listed on
May 18, 2018
Closed on
Sep 27, 2018
Sold by
Debenetto Thomas and Garver Mechael
Bought by
Nazir Mohamed Shazaad and Nazir Shoba D
Seller's Agent
Anthony Butera
Keller Williams Realty Greater Rochester
Buyer's Agent
Anthony Butera
Keller Williams Realty Greater Rochester
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.07%
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
Smith Benson Joshua $89,000 Abar Abstract Corp
Nazir Mohamed Shazaad $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benson Joshua $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2021 01/20/21 Sold $89,000 0.0% $69 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $89,000 0.0% $69 / Sq Ft
06/01/2020 06/01/20 Rented $800 0.0% --
05/27/2020 05/27/20 Under Contract -- -- --
05/21/2020 05/21/20 Price Changed $800 -5.9% $1 / Sq Ft
05/11/2020 05/11/20 For Rent $850 +9.7% --
03/11/2019 03/11/19 Rented $775 0.0% --
02/18/2019 02/18/19 Price Changed $775 -3.1% $1 / Sq Ft
01/15/2019 01/15/19 For Rent $800 0.0% --
09/27/2018 09/27/18 Sold $52,000 -13.2% $41 / Sq Ft View Prior Sale
08/17/2018 08/17/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $59,900 0.0% $47 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $59,900 -- $47 / 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 $975 $104,100 $8,300 $95,800
2023 $930 $70,000 $6,000 $64,000
2022 $779 $70,000 $6,000 $64,000
2021 $1,182 $52,000 $6,000 $46,000
2020 $683 $52,000 $6,000 $46,000
2019 $743 $42,000 $6,000 $36,000
2018 $1,888 $42,000 $6,000 $36,000
2017 $0 $42,000 $6,000 $36,000
2016 $743 $42,000 $6,000 $36,000
2015 $2,009 $48,000 $6,000 $42,000
2014 $2,009 $48,000 $6,000 $42,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1305666

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-090-410-0003-043-000-0000