NOT LISTED FOR SALE

571 East Ave Medina, NY 14103

Estimated Value: $110,000 - $187,616

2 Beds
2 Baths
1,860 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $63,500 $34 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $855/month

37 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of June 2018

What a great opportunity with this 2 family home. Rent both units or live in one, and help pay mortgage with rented second unit. Great location set on almost 1/3 acre lot backing into wooded strip. All separate utilities, washer and dryer hookups in both apartments. New roof 2008, 10X17 enclosed porch in 1st floor unit. New water & sewer lines to street 2004. Well maintained units, upstairs unit just renovated.

Last Agent to Sell the Property

Paul Nicosia

Listing by Nicosia Agency INC. License #10311202927 Listed on: 03/25/2018

Co-Listed By

Mark Swanson

Listing by Patriot Real Estate Professionals License #10491212765

Last Buyer's Agent

Mark Zambito

Listing by Berkshire Hathaway Homeservices Zambito Realtors License #10491211627

Berkshire Hathaway Homeservices Zambito Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 198 x 66

Parking

  • 1 Car Garage

Home Design

  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, refuse removal
  • Tax Lot 39
  • Assessor Parcel Number 343601-080-009-0003-039-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,375
  • Gross Income $14,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,383

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1375
  • NY Swis Code: Medina Village-Shelby-343601
  • Total Assessed Value: 55000
  • Foundation Description: Stone
  • Gross Annual Income: 14100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 198
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • Lot Number: 39
  • Nearest Cross Street: E. Oak Orchard Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 211666.67
  • Ratio Close Price By Sq Ft: 34.14
  • Ratio List Price By Acres: 233000.00
  • Ratio List Price By Sq Ft: 37.58
  • Regional Board Code: Rochester
  • Rent Includes: Grounds Maintenance, Refuse Removal
  • School Tax: 1262
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Village: Medina-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 13068
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From Rt. 31 East of Main St, turn south onto East Ave. Home is on the East side of the street.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Built-In-Some, Refrigerator
  • Total Sq Ft: 1860

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet, Thermal Windows - Some
  • Number of Acres: 0.3000

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Medina

Lot Info

  • Parcel Number: 343601-080-009-0003-039-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3383

MLS Schools

  • School District Name: Medina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2021
Sold by
Gugluizza Nicholas and Gugluizza Carrie
Bought by
G & G Property Ventures Llc
Current Estimated Value
$132,021

Purchase Details

Listed on
Mar 25, 2018
Closed on
Jul 5, 2018
Sold by
Wright Chad E
Bought by
Gray Steven R and Gray Maxine A
Seller's Agent
Paul Nicosia
Nicosia Agency INC.
Buyer's Agent
Mark Zambito
Berkshire Hathaway Homeservices Zambito Realtors
List Price
$69,900
Sold Price
$63,500
Premium/Discount to List
-$6,400
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$48,375
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 11, 2011
Closed on
May 10, 2012
Sold by
Cain Joshua
Bought by
Wright Chad E
Seller's Agent
Jennie Fire Rogers
No Office Affiliation
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$57,500
Sold Price
$55,000
Premium/Discount to List
-$2,500
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$41,250
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Bankers Trust Company
Bought by
Cain Joshua

Purchase Details

Closed on
Nov 14, 2000
Sold by
Sennett Thomas
Bought by
Bankers Trust Company

Purchase Details

Closed on
Jul 31, 1997
Sold by
Ladelfa Ignatius D
Bought by
Sennett Thomas M and Sennett Shelley A
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
G & G Property Ventures Llc -- None Available
Gray Steven R $64,500 --
Wright Chad E $55,000 Jeffrey Martin
Cain Joshua $15,000 Lance J Mark
Bankers Trust Company $25,495 Fein,Such & Crane, Llp
Sennett Thomas M $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papponetti Emma $162,011
Previous Owner Gray Steven $62,300
Previous Owner Gray Steven R $48,375
Previous Owner Wright Chad E $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $63,500 -9.2% $34 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $69,900 +27.1% $38 / Sq Ft
05/16/2012 05/16/12 Sold $55,000 -4.3% $30 / Sq Ft
01/08/2012 01/08/12 Pending -- -- --
07/11/2011 07/11/11 For Sale $57,500 -- $31 / 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 $5,515 $142,000 $15,700 $126,300
2023 $5,930 $142,000 $15,700 $126,300
2022 $3,628 $58,400 $11,400 $47,000
2021 $3,611 $58,400 $11,400 $47,000
2020 $3,307 $58,400 $11,400 $47,000
2019 $3,263 $58,400 $11,400 $47,000
2018 $3,263 $58,400 $11,400 $47,000
2017 $3,170 $55,000 $9,700 $45,300
2016 $3,175 $55,000 $9,700 $45,300
2015 -- $55,000 $9,700 $45,300
2014 -- $55,000 $9,700 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1106384

Upstate New York Real Estate Information Services (UNYREIS)

APN: 343601-080-009-0003-039-000