NOT LISTED FOR SALE

115 Forest Ave Jamestown, NY 14701

Estimated Value: $60,643 - $103,000

5 Beds
3 Baths
3,446 Sq Ft
$26/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $42,000 $12 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $561/month

5 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Zoned Heating
  • Finished Attic
  • 2 Fireplaces
  • Baseboard Heating

About This Home

As of April 2021

Beautiful Victorian home converted into a three unit apartment house. Needs some finishing details but could make very nice apartments. Apartment number one is a two story. The living room, dining room, and kitchen are large. The kitchen needs to be completed. The bedroom is on the second level. The second floor apartment is a one bedroom apartment with a large living room/dining room combination. This room has an ornamental fireplace and hardwood floors. The third floor it the location of the third apartment. It is a one bedroom and has a very large living room. There are hardwood floors throughout the home. The exterior is brick and stone for easy maintenance. There is a one car detached garage. This three family has a lot of potential. It could also be converted back into a single family home.

Last Agent to Sell the Property

William Burley

Listing by Century 21 Turner Brokers License #10311209727 Listed on: 08/22/2020

Century 21 Turner Brokers

Last Buyer's Agent

William Burley

Listing by Century 21 Turner Brokers License #10311209727 Listed on: 08/22/2020

Century 21 Turner Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 5,859 Sq Ft Lot
  • Lot Dimensions are 90 x 65

Parking

  • 1 Car Garage

Home Design

  • Block Foundation

Interior Spaces

  • 3,446 Sq Ft Home
  • 2.5-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Electric Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Attic

  • Full Attic
  • Finished Attic

Schools

  • Milton J Fletcher Elementary School
  • Persell Middle School
  • Jamestown High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 56
  • Assessor Parcel Number 060800-387-014-0009-056-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • NY Swis Code: Jamestown-City-060800
  • Total Assessed Value: 54000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 90
  • Lot Dimension Front: 65
  • Lot Information: Primary Road
  • Lot Number: 56
  • Nearest Cross Street: Prather
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 312267.66
  • Ratio Close Price By Sq Ft: 12.19
  • Ratio List Price By Acres: 356877.32
  • Ratio List Price By Sq Ft: 13.93
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • School Tax: 1057
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5859
  • Ad Copy: Three family home that is ready to be completed for new tenants. Beautiful classic details that would be desirable to tenants. The exterior is stone and brick for easy maintenance.
  • Ad Headline: Three Family
  • Age of Building: 106
  • Year Built: 1916
  • Above Grade Finished Sq Ft: 3446
  • Directions To Property: From Foote Ave turn up Forest. House sits on the left on the corner of Forest and Terrace.
  • Sq Ft Total Pub: 3446
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1916

Interior Features

  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 1
  • Total Sq Ft: 3446

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1345

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 1 Space

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Hot Water, Multi-Zone
  • Number of Gas Meters: 1
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Jamestown
  • Elementary School: Milton J Fletcher Elementary
  • Middle School: Persell Middle
  • High School: Jamestown High

Lot Info

  • Parcel Number: 060800-387-014-0009-056-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2806

MLS Schools

  • Elementary School Name: Milton J Fletcher Elementary
  • High School Name: Jamestown High
  • Middle School Name: Persell Middle
  • School District Name: Jamestown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Vanhout Zachary J
Bought by
Northern Chautauqua Rentals Llc
Current Estimated Value
$88,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$79,193
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$9,468

Purchase Details

Listed on
Aug 22, 2020
Closed on
Apr 13, 2021
Sold by
Boes Peter A
Bought by
Vanhout Zachary J
Seller's Agent
William Burley
Century 21 Turner Brokers
Buyer's Agent
William Burley
Century 21 Turner Brokers
List Price
$48,000
Sold Price
$42,000
Premium/Discount to List
-$6,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%
Original Mortgage
$31,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1997
Sold by
Lunetta Carmen S and Lunetta Frances A
Bought by
Boes Peter A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Northern Chautauqua Rentals Llc -- Wright Calimeri Pllc
Vanhout Zachary J $42,000 None Available
Boes Peter A $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northern Chautauqua Rentals Llc $85,000
Previous Owner Vanhout Zachary J $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $42,000 -12.5% $12 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $48,000 -- $14 / 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 $2,806 $54,000 $2,100 $51,900
2023 $2,817 $54,000 $2,100 $51,900
2022 $2,805 $54,000 $2,100 $51,900
2021 $2,811 $54,000 $2,100 $51,900
2020 $2,913 $54,000 $2,100 $51,900
2019 $1,802 $54,000 $2,100 $51,900
2018 $2,851 $54,000 $2,100 $51,900
2017 $2,806 $54,000 $2,100 $51,900
2016 $2,800 $54,000 $2,100 $51,900
2015 -- $54,000 $2,100 $51,900
2014 -- $54,000 $2,100 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1288491

Chautauqua-Cattaraugus Board of REALTORS®

APN: 060800-387-014-0009-056-000