NOT LISTED FOR SALE

85 Chapin St Canandaigua, NY 14424

Estimated Value: $178,000 - $220,000

4 Beds
2 Baths
1,918 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $118,000 $62 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,277/month

9 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Woodwork
  • Canandaigua Academy Rated A-
  • Thermal Windows
  • Forced Air Cooling System

About This Home

As of February 2021

Welcome to this charming fully occupied 2 family Duplex. Conveniently located in the heart of down town Canandaigua! Both units offer 2 beds and 1 bath. Laundry located in both units! All appliances included. This is is the perfect property to add to your portfolio, or maybe it's time to start yours! Each unit is currently rented for $750 a month, that's $1,500 in passive income!

Last Agent to Sell the Property

Tiffany Montgomery

Listing by Revolution Real Estate License #10401281052 Listed on: 12/07/2020

Last Buyer's Agent

Amanda Friend

Listing by Keller Williams Realty Greater Rochester License #10401225044

Keller Williams Realty Greater Rochester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,253

Year Built

  • Built in 1900

Lot Details

  • 4,889 Sq Ft Lot
  • Lot Dimensions are 92 x 53
  • Private Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Block Foundation
  • Stone Foundation
  • Membrane Roofing
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,918 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Garage
  • Stone Driveway

Accessible Home Design

  • Roll-in Shower

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 39
  • Assessor Parcel Number 320200-084-009-0002-039-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $2,710
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,253

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Accessibility: No Step Shower
  • Annual Operating Expenses: 2710
  • NY Swis Code: Canandaigua-City-320200
  • Total Assessed Value: 97000
  • Foundation Description: Block, Stone
  • Gross Annual Income: 18000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 92
  • Lot Dimension Front: 53
  • Lot Information: Neighborhood Street
  • Lot Number: 39
  • Nearest Cross Street: S.Main/332
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1051693.40
  • Ratio Close Price By Sq Ft: 61.52
  • Ratio List Price By Acres: 1113190.73
  • Ratio List Price By Sq Ft: 65.12
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Flat, Metal, Rubber Membrane
  • School Tax: 1906
  • Sub Board Code: Rochester
  • Type of Residence: Duplex, Side by Side
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4889
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1918
  • Directions To Property: S. MAIN ST, TO CHAPIN ST, PROPERTY WILL BE LOCATED ON THE CORNER OF CHAPIN AND ELLIS.
  • Sq Ft Total Pub: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan, Laundry- Separate Hook ups- Some, Natural Woodwork - some, Pex Plumbing- Some, Sump Pump
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1918

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: High Speed Internet, Private Yard - see Remarks, Thermal Windows - Some
  • Number of Acres: 0.1122

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

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

Lot Info

  • Parcel Number: 320200-084-009-0002-039-000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3253

MLS Schools

  • School District Name: Canandaigua

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Friend Abbey L
Bought by
Friendly Investors Llc
Current Estimated Value
$194,969

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 17, 2021
Sold by
Mcconnon Ryan J
Bought by
Friend Abbey L
Seller's Agent
Tiffany Montgomery
Revolution Real Estate
Buyer's Agent
Amanda Friend
Keller Williams Realty Greater Rochester
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$85,845
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2014
Sold by
Mcconnon Ryan
Bought by
Mcconnon Ryan

Purchase Details

Closed on
Jun 25, 2010
Sold by
Wicks Theodore W
Bought by
Mcconnen Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,724
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2006
Sold by
Masline Edward L
Bought by
Wicks Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1997
Sold by
Zanghi Samuel J
Bought by
Masline Edward L and Masline Sandra A

Purchase Details

Closed on
Apr 28, 1997
Sold by
Estate Drumm Robert E
Bought by
Zanghi Sam and Zanghi Arlene G
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
Friendly Investors Llc -- None Available
Friendly Investors Llc -- None Available
Friend Abbey L $114,460 None Available
Friend Abbey L $114,460 None Available
Friend Abbey L $114,460 None Available
Mcconnon Ryan -- --
Mcconnon Ryan -- --
Mcconnen Ryan $96,000 Riley & Graff
Mcconnen Ryan $96,000 Riley & Graff
Wicks Theodore $90,500 Anthony Villani
Wicks Theodore $90,500 Anthony Villani
Masline Edward L $55,000 --
Masline Edward L $55,000 --
Zanghi Sam $40,000 --
Zanghi Sam $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friend Abbey L $85,845
Previous Owner Mcconnen Ryan $94,724
Previous Owner Wicks Theodore $90,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $118,000 -5.5% $62 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $124,900 -- $65 / 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 $3,078 $153,400 $14,400 $139,000
2023 $3,068 $126,500 $12,300 $114,200
2022 $3,040 $126,500 $12,300 $114,200
2021 $3,132 $126,500 $12,300 $114,200
2020 $2,569 $97,000 $12,000 $85,000
2019 $2,408 $97,000 $12,000 $85,000
2018 $1,836 $97,000 $12,000 $85,000
2017 $1,290 $97,000 $12,000 $85,000
2016 $1,166 $90,000 $12,000 $78,000
2015 $1,167 $90,000 $12,000 $78,000
2014 -- $90,000 $12,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1310809

Upstate New York Real Estate Information Services (UNYREIS)

APN: 320200-084-009-0002-039-000