NOT LISTED FOR SALE

48 Austin Rd Fairport, NY 14450

Estimated Value: $243,000 - $291,346

6.7 Acres
$41,095 Price per Acre
291,852 Sq Ft Lot

Last Sold February 27, 2023

Last sale price $200,000 $54 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,730/month

34 Days on Market

Highlights

  • 6.7 Acre Lot
  • Partially Wooded Lot
  • High Speed Internet
  • Brooks Hill School Rated A-

About This Lot

As of February 2023

Don't miss the RARE opportunity to purchase 6.7 acres perched on a "dead end'' secluded road in Fairport! This is a great INVESTMENT OPPORTUNITY by finishing the final approval for subdivision of the property into 5 building lots (the process is already started and near the end stage). This gives the property a few good possibilities to work with - An option to choose which lot to keep for yourself and sell the others, develop and sell all five or you can skip the subdividing and make it your own private oasis on the current 6.7 acres. There is currently a building on the property that is gutted and ready to be scooped out for placement of a new home! This exclusive property gives the feeling of country living but with many conveniences close by. Located within a mile of Wegmans, shopping and restaurants! Only a few minutes to the villages of Fairport, Pittsford and Eastview Mall. Fairport Electric!

Last Agent to Sell the Property

Chad Loblaw

Listing by Brix & Maven Realty Group LLC License #10491210656 Listed on: 12/15/2022

Co-Listed By

Karey Grover

Listing by Brix & Maven Realty Group LLC License #10401226173

Last Buyer's Agent

Steven Maurinus

Listing by Howard Hanna License #40MA0853850

Howard Hanna

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,377

Lot Details

  • 6.7 Acre Lot
  • Lot Dimensions are 281 x 1,012
  • Property fronts a private road
  • Sloped Lot
  • Cleared Lot
  • Partially Wooded Lot

Home Design

  • 3,720 Sq Ft Home

Utilities

  • High Speed Internet

Community Details

  • Phelps & Gorham Purchase Community
  • Phelps & Gorham Purchase Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 264489-165-200-0003-034-000

Property Details

Property Type

Land

Est. Annual Taxes

$8,377

Lot Details

0

Listing Details

  • Topography: Slight Slope
  • NY Swis Code: Perinton-264489
  • Total Assessed Value: 225900
  • Development Status: Preliminary Plan
  • Land Features: Clear Lot, Wooded, Wooded - Partial
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 281
  • Lot Dimension Front: 1012
  • Lot Information: Residential
  • Lot Number: 34
  • Nearest Cross Street: NY 31
  • Possible Uses: Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 29850.75
  • Ratio Close Price By Sq Ft: 53.76
  • Ratio List Price By Acres: 33582.09
  • Ratio List Price By Sq Ft: 60.48
  • Regional Board Code: Rochester
  • School Tax: 5488
  • Sub Board Code: Rochester
  • Type: Building Lot
  • Type of Sale: Normal
  • Lot Sq Ft: 291852
  • Directions To Property: From Rochester, take 490 E, exit 26 for NY 31 toward Pittsford / Palmyra, turn right onto NY 31 E/Palmyra Rd, right onto Austin Rd.
  • Subdivision Comm Complex: Phelps & Gorham Purchase
  • Attribution Contact: 585-398-7365
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Sq Ft: 3720

Exterior Features

  • Frontage Road: Private
  • Number of Acres: 6.7000

Garage/Parking

  • Driveway Description: Blacktop

Utilities

  • Utilities Available: Electric, High Speed Internet, Sanitary Sewer, Water
  • Utilities On-site: Electric, Sanitary Sewer, Water
  • Waste Disposal: Sewer Available, Sewer Connected
  • Water Supply: At Street, Public

Schools

  • School District: Fairport

Lot Info

  • Parcel Number: 264489-165-200-0003-034-000

Tax Info

  • Total Taxes: 8377

MLS Schools

  • School District Name: Fairport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Feb 15, 2023
Sold by
48Austin Llc
Bought by
Landmark Family Properties Llc
Seller's Agent
Chad Loblaw
Brix & Maven Realty Group LLC
Buyer's Agent
Steven Maurinus
Howard Hanna
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
79
Current Estimated Value
$275,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,337
Avg. Annual Appreciation
13.08%

Purchase Details

Listed on
Mar 16, 2019
Closed on
Jul 15, 2019
Sold by
Cds Monrach Inc
Bought by
Austin Llc
Seller's Agent
Michael Conroy
eXp Realty, LLC
Buyer's Agent
Karey Grover
Brix & Maven Realty Group LLC
List Price
$139,900
Sold Price
$157,000
Premium/Discount to List
$17,100
12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Landmark Family Properties Llc -- Chicago Title
Landmark Family Properties Llc $200,000 Chicago Title
Austin Llc -- None Available
48 Austin Llc $157,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2023 02/27/23 Sold $200,000 -11.1% $54 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $225,000 +43.3% $60 / Sq Ft
07/16/2019 07/16/19 Sold $157,000 +12.2% $42 / Sq Ft View Prior Sale
03/19/2019 03/19/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $139,900 -- $38 / 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 $8,612 $75,900 $75,900 $0
2023 $8,612 $225,900 $75,900 $150,000
2022 $14,134 $225,900 $75,900 $150,000
2021 $8,317 $225,900 $75,900 $150,000
2020 $5,554 $225,900 $75,900 $150,000
2019 $187 $225,900 $66,200 $159,700
2018 $195 $225,900 $66,200 $159,700
2017 $0 $225,900 $66,200 $159,700
2016 $187 $225,900 $66,200 $159,700
2015 -- $225,900 $66,200 $159,700
2014 -- $225,900 $66,200 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1448690

Upstate New York Real Estate Information Services (UNYREIS)

APN: 264489-165-200-0003-034-000