NOT LISTED FOR SALE

12 N 4th St Allegany, NY 14706

Estimated Value: $133,000 - $170,000

5 Beds
2 Baths
2,596 Sq Ft
$60/Sq Ft Est. Value

Last Sold April 04, 2019

Last sale price $80,000 $31 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,133/month

254 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Baseboard Heating
  • Allegany-Limestone Elementary School Rated 9+
  • Ceiling Fan
  • 1-minute walk to Recreation & Parks Department

About This Home

As of April 2019

**VIDEO WALKTHROUGH AVAILABLE AT https://youtu.be/f0POO4-vMEY **History and charm only begin to describe this home. Currently, it is set up as a two-family house, but could quickly be transformed into a spacious single family home. The two porches of this home provide lounging areas where you can relax after a long day. The picturesque and artful downtown Allegany is well within walking distance being that it is right around the corner. The craftsmanship adds to the grand architecture and detail throughout the home and is something to admire. The possibilities for this home are endless.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 04/03/2018

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 04/03/2018

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,287

Year Built

  • Built in 1860

Lot Details

  • 9,257 Sq Ft Lot
  • Lot Dimensions are 140 x 66

Home Design

  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,596 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Drapes & Rods
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Garage
  • Garage Door Opener

Schools

  • Allegany Elementary School
  • Allegany-Limestone Middle School
  • Allegany-Limestone High School

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 5
  • Assessor Parcel Number 042001-093-051-0001-005-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,287

Year Built

Built in 1860

Lot Details

0

Listing Details

  • NY Swis Code: Allegany-Village-042001
  • Total Assessed Value: 95000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: West Main Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 376470.59
  • Ratio Close Price By Sq Ft: 30.82
  • Ratio List Price By Acres: 423058.82
  • Ratio List Price By Sq Ft: 34.63
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1681
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Village: Allegany-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 9257
  • Age of Building: 162
  • Year Built: 1860
  • Directions To Property: From Route 417/W Main St turn onto N 4th St, the property is on the right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Laundry- Separate Hook ups- Some, Pex Plumbing- Some
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range Electric-Some, Oven/Range Gas-Some, Refrigerator, Washer
  • Number of Fireplaces Freestanding: 1
  • Total Sq Ft: 2596

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.2125

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.5000
  • Parking Driveway: Blacktop, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air, Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Allegany-Limestone
  • Elementary School: Allegany Elementary
  • Middle School: Allegany-Limestone Middle
  • High School: Allegany-Limestone High

Lot Info

  • Parcel Number: 042001-093-051-0001-005-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4287

MLS Schools

  • Elementary School Name: Allegany Elementary
  • High School Name: Allegany-Limestone High
  • Middle School Name: Allegany-Limestone Middle
  • School District Name: Allegany-Limestone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Apr 5, 2019
Sold by
Watson Claire
Bought by
9 Mile Properties Llc
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$156,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,631
Avg. Annual Appreciation
10.96%
Original Mortgage
$114,000
Interest Rate
4.4%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Listed on
Apr 3, 2018
Closed on
Apr 4, 2019
Sold by
Watson Claire
Bought by
9 Mile Properties Llc
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.4%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
Mar 21, 2014
Sold by
Eaton Jerry
Bought by
Watson Claire
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
9 Mile Properties Llc $80,000 None Available
9 Mile Properties Llc $80,000 None Available
Watson Claire $50,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 9 Mile Properties Llc $225,000
Closed 9 Mile Props $220,000
Closed 9 Mile Properties Llc $114,000
Closed 9 Mile Properties Llc $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2019 04/04/19 Sold $80,000 0.0% $31 / Sq Ft
12/31/2018 12/31/18 Off Market $80,000 -- --
12/13/2018 12/13/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $89,900 +12.4% $35 / Sq Ft
08/27/2018 08/27/18 Off Market $80,000 -- --
07/09/2018 07/09/18 Price Changed $89,900 -10.0% $35 / Sq Ft
05/22/2018 05/22/18 Price Changed $99,900 -9.1% $38 / Sq Ft
04/03/2018 04/03/18 For Sale $109,900 -- $42 / 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 $3,372 $79,500 $9,000 $70,500
2023 $3,370 $79,500 $9,000 $70,500
2022 $3,200 $79,500 $9,000 $70,500
2021 $2,587 $79,500 $9,000 $70,500
2020 $3,586 $79,500 $9,000 $70,500
2019 $1,145 $93,000 $9,000 $84,000
2018 $3,417 $93,000 $9,000 $84,000
2017 $3,757 $95,000 $6,000 $89,000
2016 $3,720 $95,000 $6,000 $89,000
2015 -- $95,000 $6,000 $89,000
2014 -- $95,000 $6,000 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1108280

Chautauqua-Cattaraugus Board of REALTORS®

APN: 042001-093-051-0001-005-000-0000