NOT LISTED FOR SALE

185 Temple St Fredonia, NY 14063

Estimated Value: $175,525 - $182,000

5 Beds
2 Baths
3,132 Sq Ft
$57/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $180,000 $57 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,110/month

9 Days on Market

About This Home

As of August 2022

Investors take notice. Keep this well-maintained property as an 8-student rental or convert it back to a two-family residence. Each student currently pays the very low $1,850 per semester x 2 semesters = $29,600 income per year. New owner could easily raise rent to $2,500 per semester per student x 2 semesters = $40,000. Each unit pays its own gas and electric and owner pays for water/sewer. This property features freshly painted exterior; large barn/garage with second floor storage; blacktop driveway with parking for 7-8 cars; full, dry basement. Both apartments are in good shape and have a great rental history. Seller is close to full capacity for next fall and spring.

Last Agent to Sell the Property

Louis Dispenza

Listing by Midtown Realty License #40DI1039120 Listed on: 05/10/2022

Last Buyer's Agent

Sugath Liyanage

Listing by Pioneer Star Real Estate Inc. License #10301217718

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,168

Year Built

  • Built in 1842

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 213 x 66

Parking

  • 2 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 3,132 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 75
  • Assessor Parcel Number 065801-113-010-0003-075-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,168

Year Built

Built in 1842

Lot Details

0

Listing Details

  • NY Swis Code: Fredonia-Village-065801
  • Total Assessed Value: 24010
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 213
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • Lot Number: 75
  • Nearest Cross Street: Central Ave.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 557793.62
  • Ratio Close Price By Sq Ft: 57.47
  • Ratio List Price By Acres: 619460.80
  • Ratio List Price By Sq Ft: 63.83
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • School Tax: 2952
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Village: Fredonia-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 14058
  • Age of Building: 180
  • Year Built: 1842
  • Above Grade Finished Sq Ft: 3132
  • Directions To Property: From downtown Fredonia turn onto Temple Street; home on the right.
  • Sq Ft Total Pub: 3132
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1842

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wood-Some
  • Total Sq Ft: 3132

Exterior Features

  • Construction: Frame, Wood
  • Number of Acres: 0.3227

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Parking Area

Utilities

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

Lot Info

  • Parcel Number: 065801-113-010-0003-075-000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5168

MLS Schools

  • School District Name: Fredonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 1998
Current Estimated Value
$177,881
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold $180,000 -10.0% $57 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $199,900 -- $64 / 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 $6,028 $24,010 $4,030 $19,980
2023 $5,383 $24,010 $4,030 $19,980
2022 $5,197 $24,010 $4,030 $19,980
2021 $5,168 $24,010 $4,030 $19,980
2020 $5,084 $24,010 $4,030 $19,980
2019 $5,048 $24,010 $4,030 $19,980
2018 $5,048 $24,010 $4,030 $19,980
2017 $4,971 $24,010 $4,030 $19,980
2016 $4,921 $24,010 $4,030 $19,980
2015 -- $24,010 $4,030 $19,980
2014 -- $24,010 $4,030 $19,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1403795

Chautauqua-Cattaraugus Board of REALTORS®

APN: 065801 113.10-3-75 01