NOT LISTED FOR SALE

5175 W Lake Rd Geneseo, NY 14454

Estimated Value: $251,000 - $423,000

5 Beds
3 Baths
2,452 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $237,500 $97 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,368/month

13 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Deck
  • Tile Flooring
  • Property is near a lake
  • Forced Air Cooling System
  • Sliding Doors

About This Home

As of March 2020

Conesus Lake Duplex, rare opportunity to live on one side & have the other unit help with expenses! Both units are in excellent condition. Furnished, newer appliances, flooring, paint, etc. Private decks, separate off-street parking. Large basement for storage/workshop/mechanicals, etc. Tax parcel # 91.76-1-15 for 10 foot beach access included.

Last Agent to Sell the Property

Michael Sharman

Listing by Empire Realty Group License #30SH0328911 Listed on: 12/18/2019

Last Buyer's Agent

Michael Pascutoi

Listing by Revolution Real Estate License #10401285430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,242

Year Built

  • Built in 1935

Lot Details

  • 6,529 Sq Ft Lot
  • Lot Dimensions are 66 x 98
  • 10 Feet of Waterfront
  • Irregular Lot

Home Design

  • Block Foundation
  • Metal Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,452 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Walk-Out Basement
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Property is near a lake
  • Deck

Utilities

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

Listing and Financial Details

  • Rent includes electric
  • Tax Lot 9
  • Assessor Parcel Number 242689-091-076-0001-009-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $4,000
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,242

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Annual Operating Expenses: 4000
  • NY Swis Code: Geneseo-242689
  • Total Assessed Value: 157900
  • Foundation Description: Block
  • Gross Annual Income: 32400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 66
  • Lot Dimension Front: 98
  • Lot Information: Beach/Water Access - See Remarks, Water View
  • Lot Number: 9
  • Lot Shape: Irregular
  • Nearest Cross Street: Booher Hill Rd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1584389.59
  • Ratio Close Price By Sq Ft: 96.86
  • Ratio List Price By Acres: 1667111.41
  • Ratio List Price By Sq Ft: 101.92
  • Regional Board Code: Rochester
  • Rent Includes: Electric
  • Roof Description: Metal
  • School Tax: 2629
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit, Side by Side
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6529
  • Age of Building: 87
  • Year Built: 1935
  • Directions To Property: from Lakeville South on West Lake Rd (256) past Long Point. Property on lakeside
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Pex Plumbing- Some, Sliding Glass Door
  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkout
  • Floor Description: Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2452

Exterior Features

  • Construction: Aluminum/Steel
  • Waterfront Name: Conesus Lake
  • Additional Exterior Features: Cable TV Available, Deck, Dock- see Remarks
  • Number of Acres: 0.1499
  • Waterfront Description: Lake
  • Waterfront Frontage: 10

Garage/Parking

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

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: Geneseo

Lot Info

  • Parcel Number: 242689-091-076-0001-009-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4242

MLS Schools

  • School District Name: Geneseo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 19, 2018
Sold by
Perkins Thomas M
Bought by
Chris Masten Llc
Seller's Agent
Tom Devries
DeVries Realty LLC
Buyer's Agent
Michael Sharman
Empire Realty Group
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Current Estimated Value
$350,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,319
Avg. Annual Appreciation
6.81%
Original Mortgage
$180,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Vogt Terry
Bought by
Perkins Thomas M

Purchase Details

Closed on
May 26, 1998
Sold by
Craig Stratton W and Craig Shirley H
Bought by
Vogt Terry and Vogt Darlene
Source: Public Records

Range of Values:

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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
Chris Masten Llc $225,000 --
Perkins Thomas M $110,900 Joseph Taddro
Vogt Terry $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Andrew $233,197
Closed Perkins Thomas M $180,000
Previous Owner Perkins Thomas M $144,000
Previous Owner Perkins Thomas M $20,000
Previous Owner Perkins Thomas M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $237,500 -5.0% $97 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
12/18/2019 12/18/19 For Sale $249,900 +11.1% $102 / Sq Ft
12/19/2018 12/19/18 Sold $225,000 -4.2% $92 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $234,900 -- $96 / 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 $5,687 $237,500 $37,900 $199,600
2023 $5,621 $237,500 $37,900 $199,600
2022 $5,023 $237,500 $37,900 $199,600
2021 $4,187 $157,900 $37,900 $120,000
2020 $4,307 $157,900 $37,900 $120,000
2019 $3,679 $157,900 $37,900 $120,000
2018 $3,679 $157,900 $37,900 $120,000
2017 $3,970 $154,900 $34,900 $120,000
2016 $3,840 $154,900 $34,900 $120,000
2015 -- $154,900 $34,900 $120,000
2014 -- $154,900 $34,900 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1242925

Upstate New York Real Estate Information Services (UNYREIS)

APN: 242689-091-076-0001-009-000-0000