NOT LISTED FOR SALE

12 Fairmount Ave S Lakewood, NY 14750

Estimated Value: $147,000 - $151,000

0.43 Acre
$346,514 Price per Acre
18,757 Sq Ft Lot

Last Sold January 17, 2023

Last sale price $120,000 $102 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $891/month

2 Days on Market

About This Lot

As of January 2023

Large 72' x 260' lot having a rich history containing a spacious 1182 square foot building in the rear of the property. The building contains a large open first floor area, a convenient half bathroom and garage on the main level along with a second floor storage area and front room with limitless possibilities with an access exterior door in the rear of the building. There are plywood floors and a ceiling mounted gas heater on the first floor. The garage has concrete floors with an electric door opener and room for 3 vehicles. Property has been recently excavated with a building removed, along with a few trees removed. This property is ready for your vision and ideas.

Last Agent to Sell the Property

Mark Sleggs

Listing by Century 21 Turner Brokers License #10401309130 Listed on: 08/04/2022

Century 21 Turner Brokers

Co-Listed By

Yvonne Holmgren

Listing by Century 21 Turner Brokers License #10401259220

Last Buyer's Agent

Tom Turner

Listing by Century 21 Turner Brokers License #10311200036

Century 21 Turner Brokers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,955

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 260 x 72
  • Property fronts a state road
  • Corner Lot
  • Level Lot
  • Cleared Lot

Parking

  • Dirt Driveway

Home Design

  • 1,182 Sq Ft Home

Outdoor Features

  • Outbuilding

Schools

  • Southwestern Elementary School
  • Southwestern Middle School
  • Southwestern Senior High School

Utilities

  • Heating System Uses Gas
  • Gas Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 062201-385-011-0001-009-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,955

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Lakewood-Village-062201
  • Total Assessed Value: 51000
  • Buildings Structures: Outbuilding
  • Development Status: Cleared Land
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 260
  • Lot Dimension Front: 72
  • Lot Information: Corner Lot, Residential
  • Lot Number: 9
  • Nearest Cross Street: Cherry Lane
  • Possible Uses: Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 278680.91
  • Ratio Close Price By Sq Ft: 101.52
  • Ratio List Price By Acres: 276358.57
  • Ratio List Price By Sq Ft: 100.68
  • Regional Board Code: Rochester
  • School Tax: 1039
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type: Residential
  • Type of Sale: Normal
  • Village: Lakewood-Village
  • Lot Sq Ft: 18756
  • Directions To Property: Take Route 394 toward Lakewood. Property is on Route 394/Fairmount Avenue on the corner of Cherry Lane
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Sq Ft: 1182

Exterior Features

  • Frontage Road: County, State
  • Number of Acres: 0.4306

Garage/Parking

  • Driveway Description: Dirt

Utilities

  • Heating Fuel Description: Gas
  • Utilities Available: Cable, Electric, Gas, High Speed Internet, Water
  • Utilities On-site: Cable, Electric, Gas, High Speed Internet, Water
  • Waste Disposal: Sewer Connected
  • Water Supply: Public

Schools

  • School District: Southwestern
  • Elementary School: Southwestern Elementary
  • Middle School: Southwestern Middle
  • High School: Southwestern Senior High

Lot Info

  • Parcel Number: 062201-385-011-0001-009-000

Tax Info

  • Total Taxes: 1955

MLS Schools

  • Elementary School Name: Southwestern Elementary
  • High School Name: Southwestern Senior High
  • Middle School Name: Southwestern Middle
  • School District Name: Southwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Dec 22, 2022
Sold by
Solomonson Glen Terrance
Bought by
Rafturn Llc
Seller's Agent
Mark Sleggs
Century 21 Turner Brokers
Buyer's Agent
Tom Turner
Century 21 Turner Brokers
List Price
$119,000
Sold Price
$120,000
Premium/Discount to List
$1,000
0.84%
Current Estimated Value
$147,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,799
Avg. Annual Appreciation
8.78%
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
Rafturn Llc $120,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapturn Llc $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $120,000 +0.8% $102 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $119,000 -- $101 / 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 $1,014 $24,000 $12,000 $12,000
2023 $1,003 $24,000 $12,000 $12,000
2022 $2,005 $51,000 $12,000 $39,000
2021 $1,970 $51,000 $12,000 $39,000
2020 $1,932 $51,000 $12,000 $39,000
2019 $4,066 $51,000 $12,000 $39,000
2018 $1,872 $51,000 $12,000 $39,000
2017 $1,889 $51,000 $12,000 $39,000
2016 $1,875 $51,000 $12,000 $39,000
2015 -- $51,000 $12,000 $39,000
2014 -- $51,000 $12,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1424868

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201-385-011-0001-009-000