Seller's Agent in 2023
Anne Lapaglia
Howard Hanna Holt - Fredonia
(716) 673-5186
150 in this area
377 Total Sales
15 Cleveland Ave Fredonia, NY 14063
Estimated Value: $152,000 - $270,432
7
Beds
2
Baths
3,448
Sq Ft
$65/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- Electric Fireplace
- Forced Air Cooling System
About This Home
As of September 2023Beautiful, well-maintained Queen Anne Victorian 2 Apartment House! Currently grosses $37,000/school year (Lower 3 students @ $2,700/semester; Upper 4 students @ $2,600/semester), with the potential for more. Low taxes, reasonable utilities, village code compliant, and easy to maintain.
Currently rented to 7 busy, serious-minded students for the '23-'24 school year, but plenty of options after May 2024. Keep renting it out (high profit potential), live in one apartment and rent the other (pay your mortgage AND make money!) OR occupy the whole house. Great location near downtown Fredonia, with a nice, neighborhood feel!
Added features:
All stoves, refrigerators, washers, dryers and nice furniture included.
All windows and roofing updated, including main roof, porch, garage and shed roofs. A lot of fresh paint!
Spray-on insulation in attic, new forced air furnace in upper apartment, hot water baseboard heat in lower apartment, new concrete garage floor in 2 bay detached garage, recent, easy care landscaping completed.
Last Agent to Sell the Property
Listing by Howard Hanna Holt - Fredonia License #30LA0737178 Listed on: 07/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,703
Year Built
- Built in 1870
Lot Details
- 9,281 Sq Ft Lot
- Lot Dimensions are 148 x 62
Parking
- 2 Car Garage
Home Design
- Stone Foundation
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 3,448 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Basement Fills Entire Space Under The House
- Scuttle Attic Hole
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Schools
- Fredonia Elementary School
- Fredonia Middle School
- Fredonia 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 electric, furnished, garage, heat, hot water, lawn maintenance, refuse removal, water
- Tax Lot 7
- Assessor Parcel Number 065801-113-015-0003-007-000
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2023
Closed on
Sep 15, 2023
Sold by
Briggs James R and Briggs Kimberley A
Bought by
Alessi Timothy P and Alessi Carrie
Seller's Agent
Anne Lapaglia
Howard Hanna Holt - Fredonia
Buyer's Agent
David Serota
Serota Real Estate LLC
List Price
$219,000
Sold Price
$230,000
Premium/Discount to List
$11,000
5.02%
Views
8
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
-$7,392
Avg. Annual Appreciation
3.92%
Original Mortgage
$161,000
Outstanding Balance
$158,401
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$89,624
Purchase Details
Closed on
Nov 29, 1999
Sold by
Huebner Rosemarie
Bought by
Briggs James R
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alessi Timothy P | $230,000 | None Available | |
| Briggs James R | $43,000 | Daniel R Polowy |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alessi Timothy P | $161,000 | |
| Closed | Alessi Timothy P | $161,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2023 09/18/23 | Sold | $230,000 | +5.0% | $67 / Sq Ft |
| 07/16/2023 07/16/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | For Sale | $219,000 | -- | $64 / 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 | $2,818 | $12,452 | $2,930 | $9,522 |
| 2023 | $2,791 | $12,452 | $2,930 | $9,522 |
| 2022 | $2,695 | $12,452 | $2,930 | $9,522 |
| 2021 | $2,680 | $12,452 | $2,930 | $9,522 |
| 2020 | $2,637 | $12,452 | $2,930 | $9,522 |
| 2019 | $2,618 | $12,452 | $2,930 | $9,522 |
| 2018 | $2,618 | $12,452 | $2,930 | $9,522 |
| 2017 | $2,578 | $12,452 | $2,930 | $9,522 |
| 2016 | $2,552 | $12,452 | $2,930 | $9,522 |
| 2015 | -- | $12,452 | $2,930 | $9,522 |
| 2014 | -- | $12,452 | $2,930 | $9,522 |
Source: Public Records
Agents Affiliated with this Home
-
Anne Lapaglia
-
David Serota
Buyer's Agent in 2023
David Serota
Serota Real Estate LLC
(716) 983-1768
1 in this area
176 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1483982
APN: 065801-113-015-0003-007-000
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