NOT LISTED FOR SALE

53 Genesee St Geneva, NY 14456

Geneva Area
-- Bed
-- Bath
8,943 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: December 31, 2020

Last sale price $415,000 $46 Per Sq Ft

8 Days on Market

Highlights

  • Baseboard Heating
  • Community Storage Space
  • 2-minute walk to Genesee Park
  • Coin Laundry
  • Carpet

About This Home

As of December 2020

Beautiful 8 unit "money maker" rental property. Five (5) two bedroom and three (3) one bedroom spacious apartments. $4,908 monthly/$58,900 annual revenue. Landlord has made significant investments in the property - exterior and interior. All units rented to qualified and cooperative tenants. Well maintained building includes coin-op laundry room, storage area, and 9 high efficiency boilers. Tenants pay gas and electric. Off-street paved parking lot. Within walking distance of downtown and Seneca Lake. Some apartments have a view of the lake. Serious inquiries with mortgage pre-approval letter or "proof of funds" bank letter only please.

Last Agent to Sell the Property

Jack Yao

Listing by Realmart Realty, LLC License #10491203908 Listed on: 12/03/2020

Last Buyer's Agent

Danielle Clement

Listing by Tru Agent Real Estate License #10311210210

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1864

Lot Details

  • 13,961 Sq Ft Lot
  • Lot Dimensions are 100x139

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 8,943 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Parking

  • No Garage
  • Driveway

Schools

  • West Street Elementary School
  • Geneva Middle School
  • Geneva High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 320500-104-026-0001-072-000-0000

Community Details

Overview

  • 8 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • 9 Separate Gas Meters
  • Gross Income $58,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1864

Lot Details

0.32 Acres

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Other, See Remarks
  • Year Built: 1864
  • ResoLaundryFeatures: Coin-operated
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: 5/20 to Geneva, #53 corner of Genesee and State streets
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: No
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.3205
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway, No Garage

Utilities

  • Heating: Gas, Baseboard, Electric, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities, Storage Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Geneva
  • Ninth Grade High School: Geneva High
  • Middle Or Junior School: Geneva Middle

Lot Info

  • Parcel Number: 320500-104-026-0001-072-000-0000
  • Lot Dimensions: 100X139
  • Lot Size Sq Ft: 13961.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 58900.0
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9

Tax Info

  • Tax Lot: 72

MLS Schools

  • Elementary School: West Street Elementary

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,725
Interest Rate
0.0369%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 3, 2020
Closed on
Dec 31, 2020
Sold by
Bought by
Seller's Agent
Jack Yao
Realmart Realty, LLC
Buyer's Agent
Danielle Clement
Tru Agent Real Estate
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%

Purchase Details

Closed on
May 20, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
0.0488%

Purchase Details

Closed on
Aug 21, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$415,000 None Available
$180,000 Paul Fioravanti
$118,000 Bradley Prozeller
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $967,725
Previous Owner $138,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $415,000 -3.3% $46 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $429,000 -- $48 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $15,470 $452,000 $35,500 $416,500
2024 $15,472 $452,000 $35,500 $416,500
2023 $9,984 $208,500 $29,300 $179,200
2022 $9,434 $208,500 $29,300 $179,200
2021 $9,288 $208,500 $29,300 $179,200
2020 $4,377 $208,500 $29,300 $179,200
2019 $0 $180,000 $10,800 $169,200
2018 $4,094 $180,000 $10,800 $169,200
2017 $3,925 $180,000 $10,800 $169,200
2016 $3,920 $180,000 $10,800 $169,200
2015 -- $180,000 $10,800 $169,200
2014 -- $180,000 $10,800 $169,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1310396

Upstate New York Real Estate Information Services (UNYREIS)
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