NOT LISTED FOR SALE

114 E Elmwood Ave Falconer, NY 14733

Estimated Value: $45,000 - $103,434

4 Beds
2 Baths
1,984 Sq Ft
$38/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $34,000 $17 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $574/month

167 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Heating System Uses Gas
  • Wood Flooring

About This Home

As of June 2022

Investment property potential here! Many updates have already happened; a new roof, new electrical panels, updated plumbing, new furnace and new hot water tank, and many new windows throughout! This property just needs finished. Currently set up as a two family, but possibly turned into a one family depending on your needs.

Last Agent to Sell the Property

Tarrin Nocero

Listing by Howard Hanna Holt - Lakewood License #40SI1173620 Listed on: 10/30/2021

Howard Hanna Holt - Lakewood

Last Buyer's Agent

Carolyn Lawson

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,984 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Outdoor Features

  • Deck

Schools

  • Harvey C Fenner Elementary School
  • Falconer Middle School
  • Falconer Middle/High School

Utilities

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 063803-371-011-0002-027-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • NY Swis Code: Falconer-Village-063803
  • Total Assessed Value: 52000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 27
  • Nearest Cross Street: Cross
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 236933.80
  • Ratio Close Price By Sq Ft: 17.14
  • Ratio List Price By Acres: 271080.14
  • Ratio List Price By Sq Ft: 19.61
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 866
  • 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
  • Ad Copy: Two family in Falconer schools, under construction.
  • Ad Headline: Investment opportunity
  • Age of Building: 137
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 1984
  • Directions To Property: From Word Street to Elmwood, the home is on the right.
  • Sq Ft Total Pub: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1885

Interior Features

  • Basement Description: Partial
  • Floor Description: Wood-Some
  • Total Sq Ft: 1984

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck
  • Number of Acres: 0.1435

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop

Utilities

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

Schools

  • School District: Falconer
  • Elementary School: Harvey C Fenner Elementary
  • Middle School: Falconer Middle
  • High School: Falconer Middle/High

Lot Info

  • Parcel Number: 063803-371-011-0002-027-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2533

MLS Schools

  • Elementary School Name: Harvey C Fenner Elementary
  • 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
Sep 10, 2017
Closed on
Oct 13, 2017
Sold by
Fnma
Bought by
Fuller Matthew P
Seller's Agent
Renee Pchelka
Howard Hanna Holt - Fredonia
Buyer's Agent
Renee Pchelka
Howard Hanna Holt - Fredonia
List Price
$9,500
Sold Price
$3,550
Premium/Discount to List
-$5,950
-62.63%
Current Estimated Value
$76,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,809
Avg. Annual Appreciation
47.90%

Purchase Details

Closed on
May 31, 2017
Sold by
Carey Esq Ref Peter M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 28, 2012
Sold by
Crandall Stanley
Bought by
Morgan Kristina

Purchase Details

Closed on
Mar 8, 2000
Sold by
Stanley Crandall
Bought by
Crandall Stanley E
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
Fuller Matthew P $3,550 --
Federal National Mortgage Association $4,985 Weisman Gordon Frenkel, Lamb
Morgan Kristina -- Charles Hall
Crandall Stanley E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $34,000 -12.6% $17 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
12/01/2021 12/01/21 Price Changed $38,900 -2.5% $20 / Sq Ft
10/30/2021 10/30/21 For Sale $39,900 +1023.9% $20 / Sq Ft
11/09/2017 11/09/17 Sold $3,550 -62.6% $2 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
09/10/2017 09/10/17 For Sale $9,500 -- $5 / 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 $1,930 $52,000 $7,100 $44,900
2023 $1,964 $52,000 $7,100 $44,900
2022 $1,947 $52,000 $7,100 $44,900
2021 $1,932 $52,000 $7,100 $44,900
2020 $3,246 $52,000 $7,100 $44,900
2019 $2,193 $51,800 $6,600 $45,200
2018 $2,193 $51,800 $6,600 $45,200
2017 $2,131 $51,800 $6,600 $45,200
2016 $2,142 $51,800 $6,600 $45,200
2015 -- $51,800 $6,600 $45,200
2014 -- $51,800 $6,600 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1375627

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063803-371-011-0002-027-000