NOT LISTED FOR SALE

587 Jefferson Ave Rochester, NY 14611

Genesee-Jefferson Neighborhood

Estimated Value: $645,996

Studio
-- Bath
13,989 Sq Ft
$46/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $415,000 $30 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,405/month

65 Days on Market

About This Home

As of January 2021

Genesee/Jefferson neighborhood. Certificate of Occupancy transfers & expires January 2023. Separate Utilities.

Last Agent to Sell the Property

Mark Palazzo

Listing by Rich Realty License #10491202853 Listed on: 09/08/2020

Last Buyer's Agent

Mark Palazzo

Listing by Rich Realty License #10491202853 Listed on: 09/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,883

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 13,989 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 11
  • Assessor Parcel Number 261400-120-680-0001-011-000-0000

Community Details

Overview

  • 14 Units
  • Greig Subdivision

Building Details

  • 14 Separate Gas Meters
  • Operating Expense $9,800
  • Gross Income $98,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,883

Year Built

Built in 1900

Lot Details

6,600 Sq Ft Lot

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Year Built: 1900
  • Subdivision Name: Greig
  • Directions: Main to Jefferson
  • Flooring: Ceramic Tile, Hardwood, Laminate, Other, See Remarks, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Commercial,Other
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1515
  • Waterfront: No
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None, No Driveway, No Garage

Utilities

  • Cooling: Other, See Remarks
  • Heating: Electric, Gas, Other, See Remarks, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Senior Community: No

Schools

  • Junior High Dist: Rochester

Lot Info

  • Parcel Number: 261400-120-680-0001-011-000-0000
  • Lot Dimensions: 50X132
  • Lot Size Sq Ft: 6600.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 98000.0
  • Annual Operating Expense: 9800.0
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14

Tax Info

  • Tax Annual Amount: 11883.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
City Of Rochester
Bought by
City Of Rochester
Current Estimated Value
$645,996

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 8, 2020
Sold by
Jefferson Eight Inc
Bought by
Realtoken Llc Series 39 581 587 Jefferso
Seller's Agent
Mark Palazzo
Rich Realty
Buyer's Agent
Mark Palazzo
Rich Realty
List Price
$499,000
Sold Price
$415,000
Premium/Discount to List
-$84,000
-16.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Bayview Loan Servicing Llc
Bought by
Jefferson Eight Inc

Purchase Details

Closed on
Jul 23, 2011
Sold by
Jordan Howell S and Jordan Howell S
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Dec 12, 2007
Sold by
Nedd Loretta
Bought by
Jordan Howell S

Purchase Details

Closed on
Dec 6, 2005
Sold by
Amesbury Thomas
Bought by
Nedd Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.01%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2002
Sold by
Stebbins Ronald
Bought by
Amesbury Thomas

Purchase Details

Closed on
Dec 28, 1998
Sold by
Stebbins Ronald
Bought by
Stebbins Ronald

Purchase Details

Closed on
Aug 28, 1998
Sold by
Stebbins Ronald
Bought by
Soldi Lori and Stebbins Ronald

Purchase Details

Closed on
Jun 8, 1998
Sold by
City Rochester
Bought by
Stebbins Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
City Of Rochester -- None Listed On Document
City Of Rochester -- None Listed On Document
City Of Rochester -- None Listed On Document
City Of Rochester -- None Listed On Document
Realtoken Llc Series 39 581 587 Jefferso $415,000 First American Title
Realtoken Llc Series 39 581 587 Jefferso $415,000 First American Title
Jefferson Eight Inc $68,000 None Available
Jefferson Eight Inc $68,000 None Available
Bayview Loan Servicing Llc $69,000 None Available
Bayview Loan Servicing Llc $69,000 None Available
Jordan Howell S $235,000 --
Jordan Howell S $235,000 --
Nedd Loretta $205,000 --
Nedd Loretta $205,000 --
Amesbury Thomas $150,000 Michael Personte
Amesbury Thomas $150,000 Michael Personte
Stebbins Ronald -- --
Stebbins Ronald -- --
Soldi Lori -- --
Soldi Lori -- --
Stebbins Ronald $5,500 --
Stebbins Ronald $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nedd Loretta $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $415,000 -16.8% $30 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $499,000 -- $36 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $84 $9,900 $9,900 $0
2023 $5,388 $186,500 $9,900 $176,600
2022 $3,257 $186,500 $9,900 $176,600
2021 $3,583 $186,500 $9,900 $176,600
2020 $4,084 $186,500 $9,900 $176,600
2019 $3,987 $169,000 $9,900 $159,100
2018 $6,902 $169,000 $9,900 $159,100
2017 $10,226 $169,000 $9,900 $159,100
2016 $3,987 $169,000 $9,900 $159,100
2015 -- $158,500 $9,900 $148,600
2014 -- $144,000 $9,900 $134,100
Source: Public Records

Agents Affiliated with this Home

  • Mark Palazzo

    Seller's Agent in 2021

    Mark Palazzo

    Rich Realty

    (585) 259-4050

    50 Total Sales

    Mark Palazzo
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Map

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

MLS Number: R1292310

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-120-680-0001-011-000-0000

New York Monroe County Rochester 14608 Genesee-Jefferson

587 Jefferson Ave, Rochester, NY

Not Listed for Sale

MultiFamily

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