NOT LISTED FOR SALE

118 Fairmount Ave Salamanca, NY 14779

Estimated Value: $92,000 - $146,881

4 Beds
1 Bath
1,930 Sq Ft
$65/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $15,000 $8 Per Sq Ft

Est. 738% increase in value since last sale

Current estimated payment $685/month

285 Days on Market

Highlights

  • 0.51 Acre Lot
  • Deck
  • Den
  • Cape Cod Architecture
  • Bonus Room
  • 1 Car Detached Garage

About This Home

As of February 2020

Tour this home for a wonderful opportunity to purchase a rare find in Salamanca! Three bedrooms on the second floor with a possible additional first floor bedroom. Enjoy the home and entertain within the massive living room, with a bonus family room and dining room off the kitchen. Large city lot includes over a half acre of land. Additional exterior features include a large deck, blacktop driveway, detached one car garage with a loft area, and plenty of open space to enjoy. Added value includes municipal electric, water, sewer - along with low taxes. Subject to the Seneca Nation of Indians Lease.

Last Agent to Sell the Property

Todd VanDyke

Listing by RE/MAX On Point License #10491212754 Listed on: 03/26/2019

RE/MAX On Point

Last Buyer's Agent

Timothy Domanski

Listing by HUNT Real Estate Corporation License #40DO1050131

HUNT Real Estate Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 125 x 177

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,930 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Den
  • Bonus Room
  • Unfinished Attic
  • Country Kitchen

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near a bus stop

Schools

  • Prospect Elementary School
  • Salamanca Middle School
  • Salamanca High School

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 37
  • Assessor Parcel Number 041600-082-023-0002-037-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Salamanca-City-041600
  • Total Assessed Value: 14550
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 177
  • Lot Information: Near Bus Line, Neighborhood Street, On Reservation
  • Lot Number: 37
  • Nearest Cross Street: Fillmore
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 29446.41
  • Ratio Close Price By Sq Ft: 7.77
  • Ratio List Price By Acres: 39261.88
  • Ratio List Price By Sq Ft: 10.36
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 102
  • Styles of Residence: 2 Story, Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 22188
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: From Clinton turn onto Fairmount. Property is on the right almost to the end of the road. Look for sign.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Bonus Room, Den/Study, Family Room, Laundry-Basement, Living Room
  • Attic Description: Crawl Space, Unfinished
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Vinyl-Some
  • Kitchen Dining Description: Country Kitchen, Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 10
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1930

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 0.5094

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air, Municipal Electric
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Salamanca
  • Elementary School: Prospect Elementary
  • Middle School: Salamanca Middle
  • High School: Salamanca High

Lot Info

  • Parcel Number: 041600-082-023-0002-037-000-0000

Tax Info

  • Total Taxes: 2000

MLS Schools

  • Elementary School Name: Prospect Elementary
  • High School Name: Salamanca High
  • Middle School Name: Salamanca Middle
  • School District Name: Salamanca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Jason-Longboat Vern S
Bought by
Seneca Nation Indians
Current Estimated Value
$125,720

Purchase Details

Closed on
Jul 9, 2024
Sold by
Gates Todd L and Gates Mary
Bought by
Jason-Longboat Vern S

Purchase Details

Listed on
Mar 26, 2019
Closed on
Feb 4, 2020
Sold by
Mtglq Investors Lp
Bought by
Gates Todd L
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Timothy Domanski
HUNT Real Estate Corporation
List Price
$29,900
Sold Price
$15,000
Premium/Discount to List
-$14,900
-49.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.44%

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jan 22, 2020
Sold by
Mtglq Investors Lp
Bought by
Gates Todd L and Gates Mary
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Timothy Domanski
HUNT Real Estate Corporation
List Price
$29,900
Sold Price
$15,000
Premium/Discount to List
-$14,900
-49.83%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Marshall Esq As William P
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jan 29, 2018
Sold by
Marshall Esq As William P
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jul 22, 2005
Sold by
Wilberg George
Bought by
Kettle Carl
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
Seneca Nation Indians -- None Available
Jason-Longboat Vern S $142,000 None Available
Gates Todd L $15,000 None Available
Gates Todd L $15,000 None Available
Gates Todd L $15,000 None Available
Gates Todd L $15,000 None Available
Mtglq Investors Lp $69,000 None Available
Mtglq Investors Lp $69,000 None Available
Mtglq Investors Lp $69,000 --
Mtglq Investors Lp $69,000 --
Mtglq Investors Lp $69,000 --
Kettle Carl $104,000 Ronald D Ploetz
Kettle Carl $104,000 Ronald D Ploetz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kettle Carl L $97,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $15,000 -25.0% $8 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
11/25/2019 11/25/19 Price Changed $20,000 -20.0% $10 / Sq Ft
10/04/2019 10/04/19 Price Changed $25,000 -16.4% $13 / Sq Ft
08/14/2019 08/14/19 Price Changed $29,900 0.0% $15 / Sq Ft
08/14/2019 08/14/19 For Sale $29,900 -14.6% $15 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $35,000 -- $18 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 -- $14,550 $2,185 $12,365
2023 $0 $14,550 $2,185 $12,365
2022 -- $14,550 $2,185 $12,365
2021 $0 $14,550 $2,185 $12,365
2020 $1,143 $14,550 $2,185 $12,365
2019 $0 $14,550 $2,185 $12,365
2018 $1,205 $14,550 $2,185 $12,365
2017 $0 $14,550 $2,185 $12,365
2016 $0 $14,550 $2,185 $12,365
2015 -- $14,550 $2,185 $12,365
2014 -- $14,550 $2,185 $12,365
Source: Public Records

Agents Affiliated with this Home

  • Todd VanDyke

    Seller's Agent in 2020

    Todd VanDyke

    RE/MAX

    (716) 373-7325

    8 in this area

    44 Total Sales

    Todd VanDyke
    Section Image
  • Timothy Domanski

    Buyer's Agent in 2020

    Timothy Domanski

    Hunt Real Estate

    (716) 440-9378

    2 in this area

    256 Total Sales

    Timothy Domanski
    Section Image
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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1180726

Western New York Real Estate Information Services (WNYREIS)

APN: 041600-082-023-0002-037-000-0000

New York Cattaraugus County Salamanca 14779

118 Fairmount Ave, Salamanca, NY

This home is located at 118 Fairmount Ave, Salamanca, NY 14779 since 26 March 2019 and is currently estimated at $125,720, approximately $65 per square foot. This property was built in 1925. 118 Fairmount Ave is a home located in Cattaraugus County with nearby schools including Prospect Elementary School, Seneca Elementary School, and Salamanca Junior/Senior High School.

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