NOT LISTED FOR SALE

Estimated Value: $87,000 - $133,000

6 Beds
2 Baths
2,320 Sq Ft
$44/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $46,900 $20 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $602/month

49 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • Full Attic

About This Home

As of December 2015

Great turnkey investment opportunity. True side by side double with 3 bedrooms in each apartment. One unit rented at $650 per month thru 2015. The other unit was just updated and the tenant signed a 1 year lease at $675 per month. All separate utilities. Maintenance free brick exterior. C of O transferable and just renewed in October 2014. Separate basements and separate attics. Nothing to do but sit back and collect rent. The definition of turnkey!

Last Agent to Sell the Property

Jason Mancuso

Listing by Keller Williams Realty Greater Rochester License #10401212291 Listed on: 08/17/2015

Keller Williams Realty Greater Rochester

Last Buyer's Agent

Augusto Manon

Listing by Our City Realty License #10371201230

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 118 x 40

Home Design

  • Duplex

Interior Spaces

  • 2,320 Sq Ft Home
  • 2.5-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Parking

  • No Garage
  • On-Street Parking

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, no utilities, water
  • Assessor Parcel Number 261400-105-420-0001-013-000-000

Community Details

Overview

  • 2 Units
  • Fairchild & Rockfellow Su Community
  • Fairchild & Rockfellow Su Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Age: 100
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 39000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 435454.5500
  • List Price per Sq Ft: 20.6465
  • Nearest Cross Street: Dewey Ave
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 426363.64
  • Ratio Close Price By Sq Ft: 20.22
  • Ratio List Price By Acres: 435454.55
  • Ratio List Price By Sq Ft: 20.65
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • Rent Includes: Lawn Maintenance, No Utilities, Water
  • School Tax: 1775
  • Sale Price List Price: 0.9791
  • S P Per Acre: 426363.6400
  • S P Per Sq Ft: 20.2200
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit, Duplex, Side by Side
  • Type of Sale: Normal
  • Value Range Search Low Price: 47900.00
  • Year Built Description: Existing
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: South on Dewey Ave past Lexington, head east on Locust
  • Subdivision Comm Complex: FAIRCHILD & ROCKFELLOW SU
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1915

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2320

Exterior Features

  • Construction: Brick
  • Number of Acres: 0.1100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Street

Utilities

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

Schools

  • School District: Rochester
  • Middle School: Other - See Remarks

Lot Info

  • Parcel Number: 261400-105-420-0001-013-000-000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2708

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Dec 23, 2015
Sold by
Patel Jignesh and Patel Shilpa
Bought by
Lqh Property Llc
Seller's Agent
Jason Mancuso
Keller Williams Realty Greater Rochester
Buyer's Agent
Augusto Manon
Our City Realty
List Price
$47,900
Sold Price
$46,900
Premium/Discount to List
-$1,000
-2.09%
Current Estimated Value
$102,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,433
Avg. Annual Appreciation
8.39%
Original Mortgage
$85,520
Outstanding Balance
$68,241
Interest Rate
3.98%
Mortgage Type
Commercial
Estimated Equity
$34,092

Purchase Details

Closed on
Aug 27, 2009
Sold by
Yourway Properties Inc
Bought by
Patel Jignesh and Patel Shilpa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,320
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Wegman Michael
Bought by
Wegman Development Co

Purchase Details

Closed on
Jun 1, 2007
Sold by
Hud
Bought by
Michael Wegman
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
Lqh Property Llc $46,900 None Available
Patel Jignesh $57,900 None Available
Wegman Development Co -- --
Michael Wegman $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lqh Property Llc $85,520
Previous Owner Patel Jignesh $46,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2015 12/22/15 Sold $46,900 -2.1% $20 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $47,900 -- $21 / 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 $585 $76,000 $8,000 $68,000
2023 $744 $48,000 $4,000 $44,000
2022 $496 $48,000 $4,000 $44,000
2021 $340 $30,000 $4,000 $26,000
2020 $633 $30,000 $4,000 $26,000
2019 $1,272 $38,000 $4,000 $34,000
2018 $1,924 $48,000 $4,000 $44,000
2017 $3,003 $48,000 $4,000 $44,000
2016 $1,272 $48,000 $4,000 $44,000
2015 -- $39,000 $4,000 $35,000
2014 -- $39,000 $4,000 $35,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R281808

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-105-420-0001-013-000-0000