NOT LISTED FOR SALE

553 Gates Greece Townline Rd Rochester, NY 14606

Estimated Value: $115,000 - $280,330

6 Beds
2 Baths
1,932 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $170,000 $88 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,430/month

6 Days on Market

Highlights

  • 0.72 Acre Lot
  • Forced Air Cooling System
  • Property is near a bus stop
  • Fenced Yard
  • Patio
  • Wall to Wall Carpet

About This Home

As of July 2018

Welcome to 553-555 Gates Greece Townline Road. Spencerport Schools! A very rare opportunity to own a ranch double. Each side offers 3 bedrooms, 1 bathroom, eat in kitchen, large living room with picture window, a full basement with laundry hookups, a one car garage, a large fully fenced backyard and tons of parking. Home has been very well maintained! One side is rented with current lease until September, other side is vacant and would be perfect for an owner occupied - have your tenants pay most of your mortgage!

Last Agent to Sell the Property

Tracy Knight

Listing by Keller Williams Realty Greater Rochester License #10401258777 Listed on: 05/15/2018

Keller Williams Realty Greater Rochester

Last Buyer's Agent

Susan Glenz

Listing by Keller Williams Realty Greater Rochester License #10301214679

Keller Williams Realty Greater Rochester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1971

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 225 x 150
  • Fenced Yard

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Electric Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Car Garage
  • Shared Driveway

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 5
  • Assessor Parcel Number 262600-103-080-0002-005-000

Community Details

Overview

  • 2 Units
  • Marel Homes Inc Community
  • Marel Homes Inc Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,429

Year Built

Built in 1971

Lot Details

0

Listing Details

  • NY Swis Code: Gates-262600
  • Total Assessed Value: 125000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 225
  • Lot Dimension Front: 150
  • Lot Information: Near Bus Line, Primary Road
  • Lot Number: 5
  • Nearest Cross Street: Long Pond Road
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 236111.11
  • Ratio Close Price By Sq Ft: 87.99
  • Ratio List Price By Acres: 208194.44
  • Ratio List Price By Sq Ft: 77.59
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 3042
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 31363
  • Age of Building: 51
  • Year Built: 1971
  • Directions To Property: From Long Pond Road go west on Gates Greece Town Line Road. Home is on the left, look for sign.
  • Subdivision Comm Complex: Marel Homes Inc
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1971

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Refrigerator
  • Total Sq Ft: 1932

Exterior Features

  • Construction: Brick, Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, Patio
  • Number of Acres: 0.7200

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Parking Area, Shared

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Spencerport

Lot Info

  • Parcel Number: 262600-103-080-0002-005-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5429

MLS Schools

  • School District Name: Spencerport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 26, 2018
Sold by
Militello Laura
Bought by
Darrow Zachary A
Seller's Agent
Tracy Knight
Keller Williams Realty Greater Rochester
Buyer's Agent
Susan Glenz
Keller Williams Realty Greater Rochester
List Price
$149,900
Sold Price
$170,000
Premium/Discount to List
$20,100
13.41%
Current Estimated Value
$222,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,083
Avg. Annual Appreciation
3.81%
Original Mortgage
$166,920
Outstanding Balance
$144,963
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$77,120

Purchase Details

Closed on
Jun 19, 2006
Sold by
Morse Scott
Bought by
Militello Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,050
Interest Rate
6.58%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 30, 2002
Sold by
Dalessandro Patrick
Bought by
Morse Scott M

Purchase Details

Closed on
Dec 27, 1996
Sold by
Girogione Marylou
Bought by
And Julied'Alessandro Stephen and And Chastit D'Alessandro Patrick

Purchase Details

Closed on
Jan 10, 1994
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
Darrow Zachary A $170,000 None Available
Militello Laura $127,000 Mitchell A Chait
Morse Scott M $115,000 Rose Maria Merante
And Julied'Alessandro Stephen $92,790 --
Giorgione Mary Lou $25,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darrow Zachary A $166,920
Previous Owner Militello Laura $19,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $170,000 0.0% $88 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/18/2018 05/18/18 Off Market $170,000 -- --
05/15/2018 05/15/18 For Sale $149,900 -- $78 / 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 $7,037 $171,400 $27,800 $143,600
2023 $7,119 $171,400 $27,800 $143,600
2022 $7,343 $171,400 $27,800 $143,600
2021 $7,253 $171,400 $27,800 $143,600
2020 $6,557 $171,400 $27,800 $143,600
2019 $5,335 $125,000 $27,800 $97,200
2018 $5,358 $125,000 $27,800 $97,200
2017 $3,041 $125,000 $27,800 $97,200
2016 $5,335 $125,000 $27,800 $97,200
2015 -- $125,000 $27,800 $97,200
2014 -- $125,000 $27,800 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1118223

Upstate New York Real Estate Information Services (UNYREIS)

APN: 262600-103-080-0002-005-000