Seller's Agent in 2023
Michael Heald
Premier Realty & Investments
(716) 413-1500
44 in this area
78 Total Sales
1171 Central Ave Dunkirk, NY 14048
Estimated Value: $156,000 - $255,103
7
Beds
4
Baths
4,001
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- 0.6 Acre Lot
- Skylights
- Patio
- Wood Flooring
- Forced Air Cooling System
- Ceiling Fan
About This Home
As of May 2023Endless possibilities in a prime location! This Beautiful Victorian Era style home located right on the border of Dunkirk and Fredonia consists of 3 seperate apartments. The beautiful 1st Floor 4 bedroom apartment has the feel of a large and spacious home and contains 10 foot high ceilings, hardwood floors, ceramic tile floors and finishes, a wood burning fireplace, a formal dining room, and a split-level bedroom with skylights. Live in the massive lower 4 bedroom/2 full bathroom apartment and pay the mortgage with collected rents from the 1st and 2nd floor apartments or just simply rent out all 3 units for income. This home is currently fully rented and has a gross annual income of $43,500 with the potential for more as it is located only a short walk away from the SUNY Fredonia campus and not currently rented to students due to seller preferences. A deep lot and a 2 car garage offer plenty of space for storage, parking, outdoor activities, and entertaining. Available for showings immediately!
Last Agent to Sell the Property
Listing by Premier Realty & Investments License #10401346664 Listed on: 01/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,131
Year Built
- Built in 1875
Lot Details
- 0.6 Acre Lot
- Lot Dimensions are 300 x 87
- Rectangular Lot
Home Design
- Block Foundation
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 4,001 Sq Ft Home
- 2.7-Story Property
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Basement Fills Entire Space Under The House
- Fire Escape
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Parking
- 2 Car Garage
- Shared Driveway
Outdoor Features
- Patio
Schools
- Dunkirk Senior High School
Utilities
- Forced Air Cooling System
- Multiple Heating Units
- Baseboard Heating
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Rent includes all utilities, electric, heat, hot water, lawn maintenance, snow removal
- Tax Lot 3
- Assessor Parcel Number 060300-096-018-0001-003-000
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2023
Closed on
May 17, 2023
Sold by
Ny Iota Of Sigma Phi Inc
Bought by
Farnham Christine A and Farnham Mary F
Seller's Agent
Michael Heald
Premier Realty & Investments
Buyer's Agent
Anne Lapaglia
Howard Hanna Holt - Fredonia
List Price
$274,900
Sold Price
$212,500
Premium/Discount to List
-$62,400
-22.7%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,724
Avg. Annual Appreciation
0.27%
Original Mortgage
$159,375
Outstanding Balance
$155,710
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$58,123
Purchase Details
Listed on
Jan 12, 2023
Closed on
Apr 26, 2023
Sold by
Ny Iota Av Of Sigma Phi Epsilon Inc
Bought by
Farnham Christine Ann and Farnham Mary Frances
Seller's Agent
Michael Heald
Premier Realty & Investments
Buyer's Agent
Anne Lapaglia
Howard Hanna Holt - Fredonia
List Price
$274,900
Sold Price
$212,500
Premium/Discount to List
-$62,400
-22.7%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Outstanding Balance
$155,710
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$58,123
Purchase Details
Listed on
Oct 4, 2015
Closed on
Jun 28, 2016
Sold by
Tower Harriet
Bought by
New York Iota Chapter Of Sigma Phi Epsilon
Seller's Agent
Louis Dispenza
Midtown Realty
Buyer's Agent
Anne Lapaglia
Howard Hanna Holt - Fredonia
List Price
$186,500
Sold Price
$186,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%
Purchase Details
Closed on
Jul 27, 2004
Sold by
Missana Rocco A and Missana Paula D
Bought by
Tower Harriet L
Purchase Details
Closed on
Jan 14, 1999
Sold by
Frey Delores A
Bought by
Missana Rocco and Missana Paula
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farnham Christine A | $212,500 | None Available | |
| Farnham Christine Ann | $212,500 | None Listed On Document | |
| New York Iota Chapter Of Sigma Phi Epsilon | $186,500 | Michael Robert Cerrie | |
| Tower Harriet L | $205,000 | Richard F Jr Whipple | |
| Missana Rocco | $86,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farnham Christine A | $159,375 | |
| Closed | Farnham Christine Ann | $159,375 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2023 05/18/23 | Sold | $212,500 | -22.7% | $53 / Sq Ft |
| 01/19/2023 01/19/23 | Pending | -- | -- | -- |
| 01/12/2023 01/12/23 | For Sale | $274,900 | +47.4% | $69 / Sq Ft |
| 06/29/2016 06/29/16 | Sold | $186,500 | 0.0% | $47 / Sq Ft |
| 03/26/2016 03/26/16 | Pending | -- | -- | -- |
| 10/04/2015 10/04/15 | For Sale | $186,500 | -- | $47 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History Compared to Growth
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 | $4,660 | $81,000 | $5,500 | $75,500 |
| 2023 | $3,193 | $81,000 | $5,500 | $75,500 |
| 2022 | $2,811 | $81,000 | $5,500 | $75,500 |
| 2021 | $2,817 | $81,000 | $5,500 | $75,500 |
| 2020 | $2,794 | $81,000 | $5,500 | $75,500 |
| 2019 | $2,830 | $81,000 | $5,500 | $75,500 |
| 2018 | $2,830 | $81,000 | $5,500 | $75,500 |
| 2017 | $2,774 | $81,000 | $5,500 | $75,500 |
| 2016 | $2,700 | $81,000 | $5,500 | $75,500 |
| 2015 | -- | $81,000 | $5,500 | $75,500 |
| 2014 | -- | $81,000 | $5,500 | $75,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Heald
-
Anne Lapaglia
Buyer's Agent in 2023
Anne Lapaglia
Howard Hanna Holt - Fredonia
(716) 673-5186
116 in this area
378 Total Sales
-
Louis Dispenza
Seller's Agent in 2016
Louis Dispenza
Midtown Realty
(716) 934-4494
69 in this area
282 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1451406
APN: 060300-096-018-0001-003-000
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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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