NOT LISTED FOR SALE

228 Prospect St Jamestown, NY 14701

Estimated Value: $49,000 - $111,678

3 Beds
2 Baths
1,757 Sq Ft
$43/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $45,000 $26 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $482/month

90 Days on Market

Highlights

  • Full Attic
  • 2 Car Garage
  • Wall to Wall Carpet
  • Forced Air Cooling System

About This Home

As of August 2022

Well maintained, two family home located in a nice Jamestown neighborhood. The two apartment home has good tenants in them. They have been there for about 3yrs and are on a month to month lease. Tenants pay the gas. Stove and refrigerator stay with the apartments. New furnace and second meter were recently installed in the upstairs apartment. Great investment property.

Last Agent to Sell the Property

Richard Benedetto

Listing by Real Estate Advantage License #31BE0882362 Listed on: 02/02/2022

Last Buyer's Agent

Taylor Bennett

Listing by Keller Williams Realty License #10401246823

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 100 x 50

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,757 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Full Attic

Schools

  • Milton J Fletcher Elementary School
  • Jefferson Middle School
  • Jamestown High School

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 060800-387.019-0002-013.00

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

7,971 Sq Ft Lot

Listing Details

  • NY Swis Code: Jamestown-City-060800
  • Total Assessed Value: 10630
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Newland Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 25.61
  • Ratio List Price By Sq Ft: 27.03
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • School Tax: 988
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: From Newland Ave. turn right onto Prospect St. House will be on the right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Total Sq Ft: 1757

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Garage

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: 060800-387.019-0002-013.00

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2704

MLS Schools

  • Elementary School Name: Milton J Fletcher Elementary
  • High School Name: Jamestown High
  • Middle School Name: Jefferson Middle
  • School District Name: Jamestown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Aug 8, 2022
Sold by
Rater Sandra L Est and Rater
Bought by
Moscoso Fernando A
Seller's Agent
Richard Benedetto
Real Estate Advantage
Buyer's Agent
Taylor Bennett
Keller Williams Realty
List Price
$47,500
Sold Price
$45,000
Premium/Discount to List
-$2,500
-5.26%
Current Estimated Value
$75,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,920
Avg. Annual Appreciation
15.68%
Original Mortgage
$33,500
Outstanding Balance
$32,075
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$43,845

Purchase Details

Listed on
Feb 2, 2022
Closed on
Jul 11, 2022
Sold by
Rater Sandra L
Bought by
Gross Karen M
Seller's Agent
Richard Benedetto
Real Estate Advantage
Buyer's Agent
Taylor Bennett
Keller Williams Realty
List Price
$47,500
Sold Price
$45,000
Premium/Discount to List
-$2,500
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Outstanding Balance
$32,075
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$43,845

Purchase Details

Closed on
May 31, 2005
Sold by
Pandullo John
Bought by
Rater Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Moscoso Fernando A $45,000 None Available
Gross Karen M -- None Listed On Document
Rater Sandra $52,000 Randy Rhinehart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moscoso Fernando A $33,500
Previous Owner Rater Sandra $36,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $45,000 -5.3% $26 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $47,500 0.0% $27 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/24/2022 03/24/22 Price Changed $47,500 -13.5% $27 / Sq Ft
03/16/2022 03/16/22 Price Changed $54,900 -8.3% $31 / Sq Ft
02/24/2022 02/24/22 Price Changed $59,900 -7.7% $34 / Sq Ft
02/02/2022 02/02/22 For Sale $64,900 -- $37 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $2,719 $52,000 $4,800 $47,200
2023 $2,713 $52,000 $4,800 $47,200
2022 $2,701 $52,000 $4,800 $47,200
2021 $2,706 $52,000 $4,800 $47,200
2020 $2,703 $52,000 $4,800 $47,200
2019 $1,675 $52,000 $4,800 $47,200
2018 $2,686 $52,000 $4,800 $47,200
2017 $2,703 $52,000 $4,800 $47,200
2016 $2,696 $52,000 $4,800 $47,200
2015 -- $52,000 $4,800 $47,200
2014 -- $52,000 $4,800 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1387480

Chautauqua-Cattaraugus Board of REALTORS®

APN: 060800-387-019-0002-013-000

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