NOT LISTED FOR SALE

224 Congress Ave Unit 226 Rochester, NY 14611

19th Ward Neighborhood

Estimated Value: $193,000 - $294,000

6 Beds
2 Baths
2,507 Sq Ft
$90/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $120,000 $48 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,388/month

9 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Baseboard Heating
  • Full Attic

About This Home

As of June 2020

Fantastic 19TH Ward side by side 2 unit boasts in each unit: 3 bedrooms, formal dining, spacious kitchen, enclosed porch, hardwood floors, high ceilings, & more. Separate utilities is a huge plus! Looking for fewer capital improvements needed?? The brick exterior provides for just that. Interested in having someone else pay or offset your mortgage but you don't want roommates? This is a perfect opportunities for owner occupants by living on one side and rent out the other. The solid cash flow and cap rate will not disappoint investors. Grossing $21,600 annually. Close to expressways, restaurants, shops and UofR & Strong Memorial.

Last Agent to Sell the Property

Laura Swogger

Listing by Keller Williams Realty Greater Rochester License #30SW1092952 Listed on: 03/09/2020

Keller Williams Realty Greater Rochester

Last Buyer's Agent

Michael Pascutoi

Listing by Revolution Real Estate License #10401285430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 1920

Lot Details

  • 5,640 Sq Ft Lot
  • Lot Dimensions are 141 x 40

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,507 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Vinyl

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, snow removal, water
  • Tax Lot 44
  • Assessor Parcel Number 261400-135-410-0002-044-000-0000

Community Details

Overview

  • 2 Units
  • Roch Sav Bk Community
  • Roch Sav Bk Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $2,766
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,140

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 2766
  • NY Swis Code: Rochester City-261400
  • Total Assessed Value: 86300
  • Gross Annual Income: 21600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 141
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 44
  • Nearest Cross Street: Pioneer
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 926640.93
  • Ratio Close Price By Sq Ft: 47.87
  • Ratio List Price By Acres: 965250.97
  • Ratio List Price By Sq Ft: 49.86
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 2699
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit, Duplex, Side by Side
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5640
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Brooks Ave to Pioneer to Congress
  • Subdivision Comm Complex: Roch Sav Bk
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 2507

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Wood Screens/Storms-some
  • Number of Acres: 0.1295

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Blacktop, Street

Utilities

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

Schools

  • School District: Rochester

Lot Info

  • Parcel Number: 261400-135-410-0002-044-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable, Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4140

MLS Schools

  • School District Name: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Apr 30, 2020
Sold by
Conclay Realty Llc
Bought by
Pearson David B
Seller's Agent
Laura Swogger
Keller Williams Realty Greater Rochester
Buyer's Agent
Michael Pascutoi
Revolution Real Estate
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$226,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,813
Avg. Annual Appreciation
13.19%
Original Mortgage
$90,000
Outstanding Balance
$80,101
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$146,712

Purchase Details

Listed on
Oct 9, 2014
Closed on
Nov 7, 2014
Sold by
Sorbus Homes Llc
Bought by
Conclay Realty Llc
Seller's Agent
Donna Cornell
Weathervane Properties, LLC
Buyer's Agent
Donna Cornell
Weathervane Properties, LLC
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%
Original Mortgage
$88,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2008
Sold by
Soldi Property Management Inc
Bought by
Sorbus Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2008
Sold by
Federal National Mortgage Association
Bought by
Soldi Property Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2008
Sold by
Brown Dean P and Brown Linda M
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pearson David B $120,000 Crossroads Abstract & Ttl Co
Conclay Realty Llc $110,000 None Available
Sorbus Homes Llc $79,900 None Available
Soldi Property Management $37,000 --
Federal National Mortgage Association $69,441 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson David B $90,000
Previous Owner Conclay Realty Llc $88,000
Previous Owner Sorbus Homes Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $120,000 -4.0% $48 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $125,000 +108.3% $50 / Sq Ft
11/24/2014 11/24/14 Sold $60,000 0.0% $24 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $60,000 -- $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 $1,578 $168,500 $11,500 $157,000
2023 $3,188 $106,700 $6,200 $100,500
2022 $1,450 $106,700 $6,200 $100,500
2021 $1,433 $106,700 $6,200 $100,500
2020 $1,441 $106,700 $6,200 $100,500
2019 $1,235 $86,300 $6,200 $80,100
2018 $5,294 $86,300 $6,200 $80,100
2017 $3,999 $86,300 $6,200 $80,100
2016 $1,235 $86,300 $6,200 $80,100
2015 -- $76,000 $6,200 $69,800
2014 -- $76,000 $6,200 $69,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1255839

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-135-410-0002-044-000-0000