NOT LISTED FOR SALE

110 E Elmwood Ave Falconer, NY 14733

Estimated Value: $75,000 - $116,503

2 Beds
2 Baths
1,452 Sq Ft
$62/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $95,000 $65 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $663/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Baseboard Heating

About This Home

As of January 2024

Introducing an incredible investment opportunity: a well-maintained 2-family home has many updates that include: Roof, pluming, and electrical. This property offers a lucrative investment with a steady rental income. Two Family Home: Featuring two separate living units, this property provides flexibility for rental income or multi-generational living arrangements. Rental Income: Currently yielding $1400 per month in total rent, this property provides a consistent revenue stream, making it an attractive investment opportunity.
Tenant-Paid Utilities: Tenants handle their utilities, reducing landlord responsibilities and maximizing profitability. Convenient Location: Situated in a desirable area, this property enjoys proximity to local amenities, schools, and transportation, enhancing its appeal to potential tenants.
Well-Maintained: This home has been well-cared-for, ensuring a welcoming and comfortable living environment for tenants. This 2-family residence at 110 East Elmwood in Falconer, NY, presents an excellent investment opportunity with its steady rental income and tenant-paid utilities. Don't miss the chance to add this lucrative property to your portfolio.

Last Agent to Sell the Property

Heather Shea-Canaley

Listing by ERA Team VP Real Estate Brokerage Phone: 716-708-5000 License #10401281174 Listed on: 11/20/2023

ERA Team VP Real Estate

Last Buyer's Agent

Carolyn Lawson

Listing by Property Sisters of Chautauqua, Inc. License #10311208908

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,171

Year Built

  • Built in 1880

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 125 x 50

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Falconer Middle School
  • Falconer Middle/High School

Utilities

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

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 063803-371-011-0002-026-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,171

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Falconer-Village-063803
  • Total Assessed Value: 58500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 26
  • Nearest Cross Street: Work
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 662020.91
  • Ratio Close Price By Sq Ft: 65.43
  • Ratio List Price By Acres: 696167.25
  • Ratio List Price By Sq Ft: 68.80
  • Regional Board Code: Rochester
  • School Tax: 974
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Falconer-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 6250
  • Age of Building: 144
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1452
  • Directions To Property: Off of Work St Near Anderson
  • Sq Ft Total Pub: 1452
  • Attribution Contact: 716-708-5000
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Wood-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1452

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1435

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Falconer
  • Elementary School: Other - See Remarks
  • Middle School: Falconer Middle
  • High School: Falconer Middle/High

Lot Info

  • Parcel Number: 063803-371-011-0002-026-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2171

MLS Schools

  • High School Name: Falconer Middle/High
  • Middle School Name: Falconer Middle
  • School District Name: Falconer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Dec 31, 2023
Sold by
Yager Eric B and Yager Tammy S
Bought by
Siegrist Alane M and Moorehead Richard P
Seller's Agent
Heather Shea-Canaley
ERA Team VP Real Estate
Buyer's Agent
Carolyn Lawson
Property Sisters of Chautauqua, Inc.
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Views
20
Current Estimated Value
$89,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,624
Avg. Annual Appreciation
-5.04%

Purchase Details

Closed on
Aug 19, 1999
Sold by
Tri-Town Inc
Bought by
Yager Eric B
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
Siegrist Alane M $95,000 None Listed On Document
Yager Eric B $39,000 Lucian Lodestro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yager Eric B $49,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $95,000 -4.9% $65 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $99,900 -- $69 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $2,156 $57,500 $7,100 $50,400
2023 $2,210 $58,500 $7,100 $51,400
2022 $2,191 $58,500 $7,100 $51,400
2021 $2,173 $58,500 $7,100 $51,400
2020 $2,337 $58,500 $7,100 $51,400
2019 $2,337 $55,200 $6,600 $48,600
2018 $2,337 $55,200 $6,600 $48,600
2017 $2,271 $55,200 $6,600 $48,600
2016 $2,283 $55,200 $6,600 $48,600
2015 -- $55,200 $6,600 $48,600
2014 -- $55,200 $6,600 $48,600
Source: Public Records

Agents Affiliated with this Home

  • Heather Shea-Canaley

    Seller's Agent in 2024

    Heather Shea-Canaley

    ERA Team VP Real Estate

    (716) 708-5000

    497 Total Sales

    Heather Shea-Canaley
    Section Image
  • Carolyn Lawson

    Buyer's Agent in 2024

    Carolyn Lawson

    Property Sisters of Chautauqua, Inc.

    (914) 841-0005

    114 Total Sales

    Carolyn Lawson
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1510733

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063803-371-011-0002-026-000

New York Chautauqua County Falconer 14733

110 E Elmwood Ave, Falconer, NY

This home is located at 110 E Elmwood Ave, Falconer, NY 14733 since 20 November 2023 and is currently estimated at $89,376, approximately $61 per square foot. This property was built in 1880. 110 E Elmwood Ave is a home located in Chautauqua County with nearby schools including Paul B. D Temple Elementary School, Harvey C. Fenner Elementary School, and Falconer Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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