NOT LISTED FOR SALE

72 Garfield St Unit 74 Rochester, NY 14611

19th Ward Neighborhood

Estimated Value: $122,000 - $154,000

6 Beds
2 Baths
2,320 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $117,000 $50 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $806/month

7 Days on Market

About This Home

As of November 2021

19th Ward "Low Maintenance" Investment Opportunity! Long term tenants = Long term $. This Duplex Consists of (2) Side by Side 3 Bed / 1 Bath Apartments. Newer Updates Include: LVT Flooring, Some Vinyl Windows, Fresh Paint, and Newer Tear Off Roof. Comes with Brand New C of O! Both Apartments are Currently rented for $850/ month for a total of $20,400.00 / Year. Rents could be raised at least $100/ month per unit. Don't miss this one!

Last Agent to Sell the Property

Jess Peters

Listing by Peters Realty Group License #10311210253 Listed on: 09/01/2021

Last Buyer's Agent

Jess Peters

Listing by Peters Realty Group License #10311210253 Listed on: 09/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1929

Lot Details

  • 5,069 Sq Ft Lot
  • Lot Dimensions are 40x126

Parking

  • Paved Parking

Home Design

  • Siding

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 81
  • Assessor Parcel Number 261400-120-470-0002-081-000-0000

Community Details

Overview

  • 2 Units
  • Gardiner Homed Assn Subdivision

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $1,350
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,897

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1929
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Gardiner Homed Assn
  • Directions: Take 390 to Chili Avenue. Go East towards the city. Garfield is on your left. #72 is on the right.
  • Flooring: Carpet, Laminate, Resilient, Varies
  • Year Built Details: Existing
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.1164
  • Waterfront: No
  • Construction Type: Composite Siding

Garage/Parking

  • Parking Features: Paved

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Rochester

Lot Info

  • Parcel Number: 261400-120-470-0002-081-000-0000
  • Lot Dimensions: 40X126
  • Lot Size Sq Ft: 5069.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 1350.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2897.0
  • Tax Lot: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 15, 2021
Sold by
Speedy Partners Capital Llc
Bought by
Cno Asset Management Llc
Seller's Agent
Jess Peters
Peters Realty Group
Buyer's Agent
Jess Peters
Peters Realty Group
List Price
$104,900
Sold Price
$117,000
Premium/Discount to List
$12,100
11.53%
Current Estimated Value
$138,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,772
Avg. Annual Appreciation
4.43%
Original Mortgage
$87,750
Outstanding Balance
$80,261
Interest Rate
3.01%
Mortgage Type
Commercial
Estimated Equity
$58,511

Purchase Details

Closed on
Jan 24, 2020
Sold by
Three Springs Propeties 2 Llc
Bought by
Speedy Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,589
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 27, 2017
Sold by
Kolb Joseph E and Kolb Denise
Bought by
Three Springs Properties 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cno Asset Management Llc $117,000 None Available
Speedy Capital Partners Llc $235,000 None Available
Three Springs Properties 2 Llc $55,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cno Asset Management Llc $87,750
Previous Owner Speedy Capital Partners Llc $54,589
Previous Owner Three Springs Properties 2 Llc $309,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $117,000 +11.5% $50 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $104,900 -- $45 / 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 $931 $83,100 $10,100 $73,000
2023 $776 $55,000 $5,900 $49,100
2022 $2,483 $55,000 $5,900 $49,100
2021 $929 $55,000 $5,900 $49,100
2020 $1,096 $55,000 $5,900 $49,100
2019 $1,062 $53,000 $5,900 $47,100
2018 $2,019 $53,000 $5,900 $47,100
2017 $3,033 $53,000 $5,900 $47,100
2016 $1,062 $53,000 $5,900 $47,100
2015 -- $49,100 $5,900 $43,200
2014 -- $49,100 $5,900 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1363636

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-120-470-0002-081-000-0000