NOT LISTED FOR SALE

Estimated Value: $76,000 - $104,000

4 Beds
2 Baths
1,860 Sq Ft
$49/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $46,000 $25 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $580/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Full Attic
  • Property is near a bus stop
  • 2-minute walk to Jones Square Park

About This Home

As of September 2020

Must See this Fully Occupied 2 Family with a Fully Transferable Certificate of Occupancy. Long term tenants each paying $600 mo. 3 of the 4 Mechanicals are Newer. Vinyl Sided! Newer Architectural Roof! Newer Concrete Walk. Clean Tenants! Great property to add to your portfolio! 48 hours notice needed for all showings. Do Not Wait! Priced to Sell!!!

Last Agent to Sell the Property

Michelle Wheeler

Listing by High Falls Real Estate Co, Inc License #10311204471 Listed on: 10/16/2019

Last Buyer's Agent

Michelle Wheeler

Listing by High Falls Real Estate Co, Inc License #10311204471 Listed on: 10/16/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,315 Sq Ft Lot
  • Lot Dimensions are 115 x 37

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,860 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 2 Car Garage
  • No Driveway

Utilities

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

Additional Features

  • Property is near a bus stop
  • Horses Allowed On Property

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, water
  • Tax Lot 29
  • Assessor Parcel Number 261400-105-590-0002-029-000-0000

Community Details

Overview

  • 2 Units
  • Jones Community
  • Jones Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $3,960
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Annual Operating Expenses: 3960
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 40000
  • Foundation Description: Stone
  • Gross Annual Income: 14400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 37
  • Lot Information: Horses Permitted, Near Bus Line, Neighborhood Street
  • Lot Number: 29
  • Nearest Cross Street: Saratoga St
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 464177.60
  • Ratio Close Price By Sq Ft: 24.73
  • Ratio List Price By Acres: 453077.70
  • Ratio List Price By Sq Ft: 24.14
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, Refuse Removal, Water
  • Roof Description: Asphalt
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4315
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: Lyell Ave East to Dewey, North on Dewey to Lorimer, East on Lorimer.
  • Subdivision Comm Complex: Jones
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1860

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0991

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: No Driveway

Utilities

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

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-105-590-0002-029-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2667

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Sep 3, 2020
Sold by
Tam Adi
Bought by
Lamgade Ghana and Lamgade Tara
Seller's Agent
Michelle Wheeler
High Falls Real Estate Co, Inc
Buyer's Agent
Michelle Wheeler
High Falls Real Estate Co, Inc
List Price
$44,900
Sold Price
$46,000
Premium/Discount to List
$1,100
2.45%
Current Estimated Value
$92,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,330
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
Aug 24, 2016
Sold by
Referee Of Monroe County
Bought by
Tam Adi

Purchase Details

Closed on
Sep 13, 2012
Sold by
Northern Range Properties Llc
Bought by
1024 Dewey Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,839
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2010
Sold by
Paul G Wells & Rose M Wells Family Limit
Bought by
Northern Range Properties Llc

Purchase Details

Closed on
May 5, 1997
Sold by
Amico Michael Rose Marie
Bought by
Wells Paul G
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
Lamgade Ghana $46,000 None Available
Tam Adi $60,000 None Available
1024 Dewey Avenue Llc $30,000 None Available
Northern Range Properties Llc $22,500 None Available
Wells Paul G $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1024 Dewey Avenue Llc $19,839
Closed Tam Adi $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $46,000 +2.4% $25 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $44,900 -- $24 / 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 $900 $96,100 $5,500 $90,600
2023 $660 $40,000 $3,900 $36,100
2022 $734 $40,000 $3,900 $36,100
2021 $742 $40,000 $3,900 $36,100
2020 $826 $40,000 $3,900 $36,100
2019 $863 $40,000 $3,900 $36,100
2018 $2,173 $40,000 $3,900 $36,100
2017 $0 $40,000 $3,900 $36,100
2016 $863 $40,000 $3,900 $36,100
2015 $3,113 $39,500 $3,900 $35,600
2014 $3,113 $39,500 $3,900 $35,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1232846

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-105-590-0002-029-000-0000