NOT LISTED FOR SALE

Estimated Value: $74,000 - $114,000

6 Beds
3 Baths
2,380 Sq Ft
$42/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $69,999 $29 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $534/month

39 Days on Market

Highlights

  • Wood Flooring
  • Partial Attic
  • Forced Air Cooling System

About This Home

As of January 2017

3 Family Money Maker: Multi-family home with updated kitchens & baths currently rent for 1850. per month. Home currently generates an NOI of 15829. which yields a 20% Cap Rate.

Last Agent to Sell the Property

Scott Briscoe

Listing by Empire Realty Group License #10301218882 Listed on: 09/11/2016

Empire Realty Group

Last Buyer's Agent

Ryan Smith

Listing by Tru Agent Real Estate License #10311209825

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 132 x 50

Parking

  • On-Street Parking

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Partial Attic

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 261400-106-730-0001-017-000-0000

Community Details

Overview

  • 3 Units
  • Farm Tr Community
  • Farm Tr Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $6,371
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,521

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Operating Expenses: 6371
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 35000
  • Foundation Description: Poured
  • Gross Annual Income: 22200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Scio Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 462039.60
  • Ratio Close Price By Sq Ft: 29.41
  • Ratio List Price By Acres: 521452.15
  • Ratio List Price By Sq Ft: 33.19
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6600
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From North Street, turn onto Weld Street (One-Way), House is on the right.
  • Subdivision Comm Complex: Farm Tr
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Resilient-Some
  • Total Sq Ft: 2380

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1515

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 1 Space, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-106-730-0001-017-000-0000

Rental Info

  • Certificate of Occupancy: Supplied
  • Type of Tenancy: Leased

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2521

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2023
Sold by
Dick Benjamin M
Bought by
Rochester Management Inc
Current Estimated Value
$98,979

Purchase Details

Listed on
Sep 11, 2016
Closed on
Jan 12, 2017
Sold by
4110 Sharkwood 2 Inc
Bought by
Dick Benjamin M
Seller's Agent
Scott Briscoe
Empire Realty Group
Buyer's Agent
Ryan Smith
Tru Agent Real Estate
List Price
$79,000
Sold Price
$69,999
Premium/Discount to List
-$9,001
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Jan 22, 2016
Sold by
Marcello Raffaele
Bought by
4110 Sharkwood 2 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 2016
Sold by
Creel Gerald
Bought by
Marcello Raffaele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2000
Sold by
Reid Elkanam
Bought by
Creel Gerald

Purchase Details

Closed on
Nov 4, 1998
Sold by
Coleman Ricahrd and Coleman Deidre
Bought by
Reid Elkanah
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
Rochester Management Inc $75,000 Abar Abstract
Dick Benjamin M $69,999 None Available
4110 Sharkwood 2 Inc $11,500 None Available
Marcello Raffaele -- None Available
Creel Gerald $6,750 Michael Fame
Reid Elkanah $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4110 Sharkwood 2 Inc $30,000
Previous Owner 4110 Sharkwood 2 Inc $30,000
Previous Owner Creel Gerald $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $69,999 -11.4% $29 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $79,000 -- $33 / 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 $66 $7,000 $7,000 $0
2023 $706 $45,000 $3,100 $41,900
2022 $865 $45,000 $3,100 $41,900
2021 $749 $45,000 $3,100 $41,900
2020 $508 $45,000 $3,100 $41,900
2019 $564 $20,000 $3,100 $16,900
2018 $1,539 $20,000 $3,100 $16,900
2017 $0 $35,000 $3,100 $31,900
2016 $564 $35,000 $3,100 $31,900
2015 $1,810 $35,000 $3,100 $31,900
2014 $1,810 $35,000 $3,100 $31,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1001820

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-106-730-0001-017-000-0000