NOT LISTED FOR SALE

48-50 Shafer St Rochester, NY 14609

Beechwood Neighborhood

Estimated Value: $81,000 - $151,372

4 Beds
2 Baths
2,583 Sq Ft
$46/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $52,500 $20 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $747/month

10 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System

About This Home

As of March 2023

Duplex with separate utilities, 2 bed, 1 bath each unit. Great opportunity for investors. Highest and Best offers due by 5pm Jan 18.

Last Agent to Sell the Property

Dave VanDerlinde

Listing by Towpath Homes License #37VA0943942 Listed on: 01/09/2023

Last Buyer's Agent

Nasir Ali

Listing by Howard Hanna License #10401322235

Howard Hanna

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 120 x 40

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,583 Sq Ft Home
  • 2.5-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 38
  • Assessor Parcel Number 261400-107-460-0001-038-000-0000

Community Details

Overview

  • 2 Units
  • 18Th Ward R E & I Co Community
  • 18Th Ward R E & I Co Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 53000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 38
  • Nearest Cross Street: Webster
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 476406.53
  • Ratio Close Price By Sq Ft: 20.33
  • Ratio List Price By Acres: 444646.10
  • Ratio List Price By Sq Ft: 18.97
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 573
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 4800
  • Age of Building: 118
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 2583
  • Directions To Property: Webster Ave to Shafer St
  • Sq Ft Total Pub: 2583
  • Subdivision Comm Complex: 18th Ward R E & I Co
  • Attribution Contact: 315-923-7653
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1905

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2583

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Thermal Windows - Some
  • Number of Acres: 0.1102

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

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: Rochester

Lot Info

  • Parcel Number: 261400-107-460-0001-038-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3060

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
14 M Enterprises Inc
Bought by
Faa Rents And Construction Llc
Current Estimated Value
$119,593

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 28, 2023
Sold by
Upland Mortgage Loan Trust
Bought by
14 M Enterprises Inc
Seller's Agent
Dave VanDerlinde
Towpath Homes
Buyer's Agent
Nasir Ali
Howard Hanna
List Price
$49,000
Sold Price
$52,500
Premium/Discount to List
$3,500
7.14%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.83%

Purchase Details

Closed on
Oct 30, 2019
Sold by
Witt Benjamin R and Witt Benjamin R
Bought by
Wilmington Savings Fund Society and Upland Mortgage Loan Trust

Purchase Details

Closed on
Jun 7, 2007
Sold by
Witt Benjamin R
Bought by
Mountain Top Holdings Llc

Purchase Details

Closed on
Feb 2, 2007
Sold by
Person J Craig
Bought by
Witt Benjamin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,300
Interest Rate
6.24%
Mortgage Type
New Conventional
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
Faa Rents And Construction Llc $60,000 Abar Abstract
14 M Enterprises Inc $52,500 Abar Abstract
Wilmington Savings Fund Society $57,018 Liberty Land Abstract
Mountain Top Holdings Llc -- --
Witt Benjamin R $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Witt Benjamin R $42,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $52,500 +7.1% $20 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $49,000 -- $19 / 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 $1,144 $122,200 $6,400 $115,800
2023 $608 $53,000 $4,000 $49,000
2022 $793 $53,000 $4,000 $49,000
2021 $766 $53,000 $4,000 $49,000
2020 $723 $53,000 $4,000 $49,000
2019 $816 $45,000 $4,000 $41,000
2018 $13,640 $45,000 $4,000 $41,000
2017 $10,331 $45,000 $4,000 $41,000
2016 $816 $45,000 $4,000 $41,000
2015 -- $45,000 $4,000 $41,000
2014 -- $45,000 $4,000 $41,000
Source: Public Records

Agents Affiliated with this Home

  • Dave VanDerlinde

    Seller's Agent in 2023

    Dave VanDerlinde

    Towpath Homes

    (315) 572-0369

    2 in this area

    208 Total Sales

    Dave VanDerlinde
    Section Image
  • Nasir Ali

    Buyer's Agent in 2023

    Nasir Ali

    Howard Hanna

    (585) 201-1883

    3 in this area

    104 Total Sales

    Nasir Ali
    Section Image
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Map

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

MLS Number: R1451118

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-107-460-0001-038-000-0000

New York Monroe County Rochester 14609 Beechwood

48-50 Shafer St, Rochester, NY

This home is located at 48-50 Shafer St, Rochester, NY 14609 since 09 January 2023 and is currently estimated at $119,593, approximately $46 per square foot. This property was built in 1905. 48-50 Shafer St is a home located in Monroe County with nearby schools including John James Audubon School No. 33, Mary McLeod Bethune School No. 45, and School 25 Nathaniel Hawthorne.

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