NOT LISTED FOR SALE

Estimated Value: $70,000 - $106,000

3 Beds
3 Baths
1,708 Sq Ft
$53/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $60,000 $35 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $668/month

5 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Baseboard Heating

About This Home

As of May 2022

These 3 families have had the same owner for 50 years. All tenants have been there for many years. Tenants are all month to month. Front apartment is a 1 bedroom with a living room and kitchen. The 2nd apartment is a 2 bedroom could easily be a 3 bedroom if needed, has large kitchen, Livingroom & laundry. Upstairs apartment is a 2-bedroom, kitchen with a pantry and laundry.

Last Listed By

Heather Shea-Canaley

Listing by ERA Team VP Real Estate License #10401281174 Listed on: 04/19/2022

ERA Team VP Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1920

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 108 x 50

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,708 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes water
  • Tax Lot 41
  • Assessor Parcel Number 063889-354-019-0001-041-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,185

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Ellicott-063889
  • Total Assessed Value: 63500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 41
  • Nearest Cross Street: East Ave
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 483870.97
  • Ratio Close Price By Sq Ft: 35.13
  • Ratio List Price By Acres: 524193.55
  • Ratio List Price By Sq Ft: 38.06
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • School Tax: 1254
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5400
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1708
  • Directions To Property: 2nd st to East Main, right near Falconer School
  • Sq Ft Total Pub: 1708
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 1708

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1240

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air, Wall Furnace
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected

Schools

  • School District: Falconer

Lot Info

  • Parcel Number: 063889-354-019-0001-041-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2185

MLS Schools

  • School District Name: Falconer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 25, 2022
Sold by
Fuller Fanchon P and Fuller Robert J
Bought by
Smith Scott J and Smith Jennifer M
Seller's Agent
Heather Shea-Canaley
ERA Team VP Real Estate
Buyer's Agent
Heather Shea-Canaley
ERA Team VP Real Estate
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Total Days on Market
5
Current Estimated Value
$91,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,333
Avg. Annual Appreciation
15.36%
Original Mortgage
$65,000
Outstanding Balance
$62,154
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$29,179

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
Smith Scott J $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Scott J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $60,000 -7.7% $35 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $65,000 -- $38 / 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 $1,949 $63,500 $3,800 $59,700
2023 $1,949 $63,500 $3,800 $59,700
2022 $1,954 $63,500 $3,800 $59,700
2021 $1,945 $63,500 $3,800 $59,700
2020 $2,126 $63,500 $3,800 $59,700
2019 $2,174 $60,200 $6,100 $54,100
2018 $2,174 $60,200 $6,100 $54,100
2017 $2,097 $60,200 $6,100 $54,100
2016 $2,110 $60,200 $6,100 $54,100
2015 -- $60,200 $6,100 $54,100
2014 -- $60,200 $6,100 $54,100
Source: Public Records

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1399908

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063889-354-019-0001-041-000