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50 Faraday Street

50 Faraday Street, Rochester, NY 14610
Multifamily in Park Avenue
50 Faraday Street in Rochester, NY was first built in 1930 and is 94 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. The linear feet across the front of the lot is 504 ft and the linear feet between the front and back of the lot is 1,205.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 50 Faraday Street sold most recently in Mar 14, 2023 for a total of $190,000. If you work out the math, that's approximately a cost of $56.94 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 50 Faraday Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $289,300. If we break it down further, the land itself was valued at $11,300. Improvements to the property, however, were assessed at a total of $278,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210419
04/19/2021
Studio
-
3337 ft²
$349,900
bedrooms
Studio
bathrooms
-
square feet
3337 ft²
$410,000 +17.18%
06/09/2021
Amy L. Petrone

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Depth Feet: 1,205
  • Lot Size Frontage Feet: 504
  • Total Building Area: 3,337
  • Gross Building Area: 3,337
  • Building Area: 3,337
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : ABC STREETS PROPERTIES LLC
  • Previous Owner : ARBUCKLE KENNETH J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rochester City School District
  • School Tax School District: ROCHESTER
  • Census Tract: 007801

Zoning

  • Zoning: 12

Geography

  • Account Number: 069367-00.0
  • District: 261400
  • Section: 122.550
  • Parcel: 261400 122.55-1-50
  • Block: 1
  • Lot: 50.000
  • Municipality: ROCHESTER
  • Latitude: 43.1449
  • Longitude: -77.5667

    Address

  • Full Address: 50 Faraday St
  • Address - House Number: 50
  • Address - Street Name: Faraday
  • Address - Suffix Type: St
  • State: NY
  • City Name: Rochester
  • Carrier Code: C016
  • 4-Digit Zip Code: 1702
  • Zip Code: 14610

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Tax Rate Code Area: 261400

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 433,997
  • High Value: 524,593
  • Low Value: 343,401

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: EQUITY TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 18, 2023
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 18, 2053

    Market Valuation

  • Market Total Value: $348,554
  • Market Land Value: $13,614
  • Market Improvement Value: $334,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,300
  • Assessed Land Value: $11,300
  • Assessed Improvements Value: $278,000

    Sales

  • Current Sale Contract Date: Mar 14, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Transaction ID: 11905800854
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1325

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY TRUST CO
  • First Mortgage Transaction Date: Apr 18, 2023
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 50 Faraday Street located in?
The 50 Faraday Street is a multifamily located in the neighborhood of Park Avenue in Park Avenue, Rochester.
What is the average sales price for listings in 50 Faraday Street?
The average sales price for units in 50 Faraday Street is $349,900 , or $105/sqft. currently.

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