NOT LISTED FOR SALE

507 S Lincoln Rd East Rochester, NY 14445

Estimated Value: $215,000 - $271,498

4 Beds
1.5 Baths
1,738 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $66,000 $38 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $1,790/month

212 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of March 2016

This is a Fannie Mae Homepath property! This great colonial has so much to offer! Great open floor plan that works well for entertaining and allows lots of light to flow throughout. Situated on a nice lot that has lots of room for activities! Located in East Rochester next to all needed amenities! Priced way below assesed value!

Last Agent to Sell the Property

Larry Magguilli

Listing by Hunt Real Estate ERA/Columbus License #10301208010 Listed on: 07/27/2015

Hunt Real Estate ERA/Columbus

Last Buyer's Agent

Tina Wightman

Listing by Howard Hanna Referrals License #40WI0937972

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 131 x 42

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Lands/Vanderbilt Improv C Community
  • Lands/Vanderbilt Improv C Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 265801-152-300-0001-035-000

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Age: 110
  • NY Swis Code: East Rochester-Village-265801
  • Total Assessed Value: 104100
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 131
  • Lot Dimension Front: 42
  • Lot Information: Neighborhood Street
  • L P Per Acre: 550000.0000
  • List Price per Sq Ft: 37.9746
  • Nearest Cross Street: Lincoln
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 550000.00
  • Ratio Close Price By Sq Ft: 37.97
  • Ratio List Price By Acres: 550000.00
  • Ratio List Price By Sq Ft: 37.97
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 2000
  • Sale Price List Price: 1.0000
  • S P Per Acre: 550000.0000
  • S P Per Sq Ft: 37.9700
  • Styles of Residence: Colonial
  • Sub Board Code: Rochester
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 66000.00
  • Village: East Rochester-Village
  • Year Built Description: Existing
  • Age of Building: 117
  • Year Built: 1905
  • Directions To Property: Village or E.R, Lincoln Rd South
  • Subdivision Comm Complex: LANDS/VANDERBILT IMPROV C
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Living Room
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1738

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1200

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: East Rochester
  • Middle School: Other - See Remarks

Lot Info

  • Parcel Number: 265801-152-300-0001-035-000

Tax Info

  • Total Taxes: 5000

MLS Schools

  • School District Name: East Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Feb 1, 2016
Sold by
Fannie Mae
Bought by
Laforty Janie
Seller's Agent
Larry Magguilli
Hunt Real Estate ERA/Columbus
Buyer's Agent
Tina Wightman
Howard Hanna Referrals
List Price
$75,000
Sold Price
$66,000
Premium/Discount to List
-$9,000
-12%
Current Estimated Value
$236,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,875
Avg. Annual Appreciation
14.03%

Purchase Details

Closed on
May 18, 2015
Sold by
Smith Kevin M and Monroe County
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jun 16, 2006
Sold by
Wachovia Bank
Bought by
Smith Keivn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2006
Sold by
Deichman Diane
Bought by
Wachovia Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.58%
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
Laforty Janie $66,000 None Available
Federal National Mortgage Association $81,375 None Available
Smith Keivn M $60,000 Mark Gunther
Wachovia Bank Na $67,147 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Kevin M $13,300
Previous Owner Smith Keivn M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $66,000 -12.0% $38 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
07/27/2015 07/27/15 For Sale $75,000 -- $43 / 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 $6,464 $112,400 $20,800 $91,600
2023 $6,464 $112,400 $20,800 $91,600
2022 $6,188 $112,400 $20,800 $91,600
2021 $5,191 $112,400 $20,800 $91,600
2020 $5,203 $112,400 $20,800 $91,600
2019 $3,786 $112,400 $20,800 $91,600
2018 $5,954 $112,400 $20,800 $91,600
2017 $2,740 $104,100 $20,800 $83,300
2016 $3,786 $104,100 $20,800 $83,300
2015 -- $104,100 $20,800 $83,300
2014 -- $104,100 $20,800 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R279914

Upstate New York Real Estate Information Services (UNYREIS)

APN: 265801-152-300-0001-035-000