NOT LISTED FOR SALE

Estimated Value: $127,000 - $165,422

7 Beds
3 Baths
2,542 Sq Ft
$55/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $125,000 $49 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $899/month

5 Days on Market

Highlights

  • Forced Air Cooling System
  • High Speed Internet
  • Vinyl Flooring
  • Property is near a bus stop
  • Partially Fenced Property

About This Home

As of November 2022

Your investment opportunity knocks with this TRIPLEX on a quiet dead-end neighborhood street. With 2,542 sq ft each apartment is good sized. Each unit has been consistently rented during the years of ownership. Two apartments have become vacant within the last month. They have been left vacant for the sale of property. This property has a current section 8 inspection-7/22. The C of O is being renewed this month. As there are tenants in one apartment please give 12-24 hours for a scheduled showing.

Last Agent to Sell the Property

Diana Flow

Listing by Hunt Real Estate ERA/Columbus License #10401224255 Listed on: 09/16/2022

Hunt Real Estate ERA/Columbus

Last Buyer's Agent

Kristin Hafner

Listing by Hunt Real Estate ERA License #10401325385

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,214

Year Built

  • Built in 1900

Lot Details

  • 4,397 Sq Ft Lot
  • Lot Dimensions are 49 x 89
  • Partially Fenced Property

Parking

  • Stone Driveway

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,542 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, refuse removal, water
  • Tax Lot 74
  • Assessor Parcel Number 261400-105-350-0004-074-000-0000

Community Details

Overview

  • 3 Units
  • Joseph M Alaimo Community
  • Joseph M Alaimo Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,214

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 65500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 49
  • Lot Dimension Front: 89
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 74
  • Nearest Cross Street: Ravine
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1238850.35
  • Ratio Close Price By Sq Ft: 49.17
  • Ratio List Price By Acres: 1386521.31
  • Ratio List Price By Sq Ft: 55.04
  • Regional Board Code: Rochester
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4397
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2542
  • Directions To Property: Headed south on Lake Ave turn onto Ravine St to Salter Pl.
  • Sq Ft Total Pub: 2542
  • Subdivision Comm Complex: Joseph M Alaimo
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Laundry-Common, Sump Pump
  • Basement Description: Full
  • Floor Description: Vinyl-Some
  • Total Sq Ft: 2542

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.1009

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-105-350-0004-074-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3214

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 16, 2022
Sold by
Alice Holdings Llc
Bought by
Rockin Rental Llc
Seller's Agent
Diana Flow
Hunt Real Estate ERA/Columbus
Buyer's Agent
Kristin Hafner
Hunt Real Estate ERA
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Views
1
Current Estimated Value
$147,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,048
Avg. Annual Appreciation
4.80%
Original Mortgage
$93,750
Outstanding Balance
$91,123
Interest Rate
6.95%
Mortgage Type
Unknown
Estimated Equity
$51,130

Purchase Details

Closed on
Oct 27, 2011
Sold by
Hoffman Frank and Hoffman Cuiqing
Bought by
Alice Holdings Llc

Purchase Details

Closed on
Jun 27, 2008
Sold by
Us Bank National Associat
Bought by
Hoffman Frank

Purchase Details

Closed on
Apr 9, 2008
Sold by
Smith Floyd M
Bought by
Us Bank Natl Association

Purchase Details

Closed on
Nov 8, 2005
Sold by
Tallman Raymond M
Bought by
Smith Floyd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 1998
Sold by
Giovine David M
Bought by
Tallman Raymond M
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
Rockin Rental Llc $125,000 Chicago Title
Alice Holdings Llc -- None Available
Hoffman Frank $25,000 --
Us Bank Natl Association $64,203 --
Smith Floyd M $65,000 --
Tallman Raymond M $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rockin Rental Llc $93,750
Closed Rockin Rental Llc $93,750
Previous Owner Smith Floyd M $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $125,000 -10.7% $49 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $139,900 -- $55 / 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 $1,170 $125,000 $7,300 $117,700
2023 $1,074 $65,500 $3,900 $61,600
2022 $1,164 $65,500 $3,900 $61,600
2021 $1,421 $65,500 $3,900 $61,600
2020 $1,121 $65,500 $3,900 $61,600
2019 $1,105 $55,000 $3,900 $51,100
2018 $1,953 $55,000 $3,900 $51,100
2017 $3,080 $55,000 $3,900 $51,100
2016 $1,105 $55,000 $3,900 $51,100
2015 -- $55,000 $3,900 $51,100
2014 -- $55,000 $3,900 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1433752

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-105-350-0004-074-000-0000