$40,000
SOLD OCT 11, 2024

129 Chestnut St Gowanda, NY 14070

8 Beds
3.5 Baths
4,172 Sq Ft
0.27 Acres

Recently Sold

$10 Per Sq Ft

55% Below List Price

77 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2024

Attention investors! This 3-4 unit multi-family dwelling is a fantastic opportunity for those looking to roll up their sleeves and bring this property back to life. With some TLC and rehab work, this spacious house has the potential to become a lucrative investment. Situated close to amenities, this property is perfect for attracting tenants and generating rental income. SOLD AS IS

Last Agent to Sell the Property

Brenda Gernatt

Listing by Danahy Real Estate Brokerage Phone: 716-397-3305 License #10401312391 Listed on: 06/24/2024

Last Buyer's Agent

Brenda Gernatt

Listing by Danahy Real Estate Brokerage Phone: 716-397-3305 License #10401312391 Listed on: 06/24/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 115x100

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,172 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 047201-008-083-0003-018-001-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1920
  • Attribution Contact: 716-397-3305
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Turn onto Chestnut St off from Jamestown St
  • Architectural Style: Fourplex
  • Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2652
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Gowanda

Lot Info

  • Parcel Number: 047201-008-083-0003-018-001-0000
  • Lot Dimensions: 115X100
  • Lot Size Sq Ft: 11550.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4179.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Oct 10, 2024
Sold by
A-Reese Kymberlie K
Bought by
129 Chestnut Street Llc
Seller's Agent
Brenda Gernatt
Danahy Real Estate
Buyer's Agent
Brenda Gernatt
Danahy Real Estate
List Price
$89,000
Sold Price
$40,000
Premium/Discount to List
-$49,000
-55.06%
Views
55
Current Estimated Value
$79,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,333
Avg. Annual Appreciation
120.76%

Purchase Details

Closed on
Mar 22, 2024
Sold by
Neyman Katherine E Est and Ann-Bailey
Bought by
A-Reese Kymberlie K

Purchase Details

Closed on
Jan 13, 2017
Sold by
Neyman Katherine
Bought by
Neyman Katherine

Purchase Details

Closed on
Oct 13, 2004
Sold by
Kleindienst Paul
Bought by
Gray Paul

Purchase Details

Closed on
Jan 20, 1999
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 Type Sale Price Title Company
Warranty Deed $40,000 None Available
Executors Deed -- None Available
Deed $65,000 Fredric Weyand
Deed $65,000 Fredric Weyand
Deed $3,000 Robert H. Kutzuba
Deed $3,000 Robert H. Kutzuba
Deed $33,000 --
Deed $33,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Unknown
Previous Owner $25,000 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $40,000 -32.2% $10 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $59,000 -14.5% $14 / Sq Ft
07/16/2024 07/16/24 Price Changed $69,000 -22.5% $17 / Sq Ft
06/24/2024 06/24/24 For Sale $89,000 -- $21 / 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 $4,912 $74,500 $7,600 $66,900
2023 $1,549 $69,000 $7,600 $61,400
2022 $2,286 $49,900 $4,500 $45,400
2021 $2,144 $49,900 $4,500 $45,400
2020 $7,700 $49,900 $4,500 $45,400
2019 $98 $49,900 $4,500 $45,400
2018 $6,557 $49,900 $4,500 $45,400
2017 $3,116 $49,900 $4,500 $45,400
2016 $1,979 $49,900 $4,500 $45,400
2015 -- $49,900 $4,500 $45,400
2014 -- $49,900 $4,500 $45,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1547562

Chautauqua-Cattaraugus Board of REALTORS®

APN: 047201-008-083-0003-018-001-0000