NOT LISTED FOR SALE

286 Chestnut St Fredonia, NY 14063

Estimated Value: $173,000 - $224,000

8 Beds
2 Baths
2,435 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $203,000 $83 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,597/month

57 Days on Market

About This Home

As of March 2022

Move-in ready. This 4-bedroom/2-bath has been totally remodeled right down to the studs with high end materials and attention to detail. It features new electric, plumbing, insulation, drywall, flooring, windows, metal roof, trim work; cherry wood kitchen with soft-close drawers, granite countertop, breakfast bar with room for three stools, waterproof floor, glass backsplash; new microwave and dishwasher stay; main floor bedroom and main floor remodeled bath; all new carpeting on second floor and remodeled bath; plenty of closet and storage space; main-floor laundry/mudroom; large back deck. Bonus: there's a very spacious 3-bedroom/1-bath in-law apartment/rental also remodeled. Apartment is currently being rented for $900/month plus all utilities, which would pay most of your mortage. Low taxes. the storage shed in the back yard will stay.

Last Agent to Sell the Property

Louis Dispenza

Listing by Midtown Realty License #40DI1039120 Listed on: 10/20/2021

Last Buyer's Agent

Michael Heald

Listing by Premier Realty & Investments License #10401346664

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1850

Lot Details

  • 8,967 Sq Ft Lot
  • Lot Dimensions are 144 x 62

Home Design

  • Stone Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,435 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 24
  • Assessor Parcel Number 065801-113-009-0001-024-001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,048

Year Built

Built in 1850

Lot Details

0

Listing Details

  • NY Swis Code: Fredonia-Village-065801
  • Total Assessed Value: 14320
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 144
  • Lot Dimension Front: 62
  • Lot Information: Neighborhood Street
  • Lot Number: 24
  • Nearest Cross Street: Risley Street
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 985915.49
  • Ratio Close Price By Sq Ft: 83.37
  • Ratio List Price By Acres: 966002.91
  • Ratio List Price By Sq Ft: 81.68
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1761
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Village: Fredonia-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 8967
  • Age of Building: 172
  • Year Built: 1850
  • Above Grade Finished Sq Ft: 2435
  • Directions To Property: 286 Chestnut Street, Fredonia, NY 14063 (between Risley Street & VanBuren Road).
  • Sq Ft Total Pub: 2435
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1850

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2435

Exterior Features

  • Construction: Frame, Vinyl
  • Number of Acres: 0.2059

Garage/Parking

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

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

Schools

  • School District: Fredonia

Lot Info

  • Parcel Number: 065801-113-009-0001-024-001

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3048

MLS Schools

  • School District Name: Fredonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Mar 14, 2022
Sold by
Risley Rosalie M and Drennen Lynn
Bought by
Newkirk Russell T and Newkirk Brianna L
Seller's Agent
Louis Dispenza
Midtown Realty
Buyer's Agent
Michael Heald
Premier Realty & Investments
List Price
$198,900
Sold Price
$203,000
Premium/Discount to List
$4,100
2.06%
Current Estimated Value
$206,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,200
Avg. Annual Appreciation
0.46%
Original Mortgage
$152,250
Outstanding Balance
$143,183
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$63,017
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 Buyer Sale Price Title Company
Newkirk Russell T $203,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newkirk Russell T $152,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $203,000 +2.1% $83 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $198,900 -- $82 / 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 $5,683 $25,350 $2,230 $23,120
2023 $5,683 $25,350 $2,230 $23,120
2022 $5,487 $25,350 $2,230 $23,120
2021 $5,063 $25,350 $2,230 $23,120
2020 $3,011 $14,320 $2,230 $12,090
2019 $3,011 $14,320 $2,230 $12,090
2018 $3,011 $14,320 $2,230 $12,090
2017 $2,965 $14,320 $2,230 $12,090
2016 $2,935 $14,320 $2,230 $12,090
2015 -- $14,320 $2,230 $12,090
2014 -- $14,320 $2,230 $12,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1373959

Chautauqua-Cattaraugus Board of REALTORS®

APN: 065801-113-009-0001-024-000