NOT LISTED FOR SALE

40 Chestnut St Gowanda, NY 14070

Estimated Value: $53,000 - $77,000

4 Beds
3 Baths
2,016 Sq Ft
$33/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2020

Last sale price $32,000 $16 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $501 / mo

38 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • Carpet
  • Baseboard Heating
  • Wood Siding

About This Home

As of June 2020

3 Unit multi family home, great investment opportunity. Lower Unit #1 has a bedroom w/attached full bath & open concept kitchen, dining & living room combo. Lower Unit #2 has a bedroom with eat in kitchen, living room & stairs to attic for additional storage. Upstairs Unit #3 features 2 bedrooms, eat in kitchen & living room. Separate utilities for each unit plus a detached 2-story barn. This is a solid home in need of a little TLC and will be ready to rent again.

Last Agent to Sell the Property

Krystal Dern

Listing by ERA Team VP Real Estate - Arcade License #10401220687 Listed on: 03/17/2020

Last Buyer's Agent

Krystal Dern

Listing by ERA Team VP Real Estate - Arcade License #10401220687 Listed on: 03/17/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 50x168

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Triplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Flood Zone Lot

Schools

  • Gowanda Elementary School
  • Gowanda Middle School
  • Gowanda High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 047201-008-084-0003-008-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

8,400 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1900
  • Lot Features: Flood Zone, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Commercial Street to Chestnut Street
  • Architectural Style: Triplex
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1928
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Gravel

Utilities

  • Heating: Gas, Baseboard, Forced Air, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Gowanda
  • Ninth Grade High School: Gowanda High
  • Middle Or Junior School: Gowanda Middle

Lot Info

  • Parcel Number: 047201-008-084-0003-008-000-0000
  • Lot Dimensions: 50X168
  • Lot Size Sq Ft: 8400.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2952.0
  • Tax Lot: 8

MLS Schools

  • Elementary School: Gowanda Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 13, 2020
Sold by
Keybank Na
Bought by
Aeb T T and Aeb Bierman
Seller's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
Buyer's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
List Price
$38,500
Sold Price
$32,000
Premium/Discount to List
-$6,500
-16.88%
Current Estimated Value
$66,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,000
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
Apr 17, 2019
Sold by
Skatulski Maude Amy and Skatulski Maude William
Bought by
Keybank Na S Niagara Bank

Purchase Details

Closed on
Mar 19, 2019
Sold by
Skatulski Amy S and Keybank Na
Bought by
Keybank Na

Purchase Details

Closed on
Dec 21, 2010
Sold by
Johnson Louise
Bought by
Skatulski Amy
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
Aeb T T $32,000 None Available
Keybank Na S Niagara Bank -- None Available
Keybank Na $56,000 --
Skatulski Amy $65,000 Jeffrey Magavern
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $32,000 -8.3% $16 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $34,900 -9.4% $17 / Sq Ft
03/17/2020 03/17/20 For Sale $38,500 -- $19 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 $1,808 $89,600 $5,200 $84,400
2024 $1,808 $85,300 $5,200 $80,100
2023 $1,774 $79,000 $5,200 $73,800
2022 $2,061 $45,000 $4,500 $40,500
2021 $1,933 $45,000 $4,500 $40,500
2020 $2,828 $45,000 $4,500 $40,500
2019 $1,062 $45,000 $4,500 $40,500
2018 $3,626 $45,000 $4,500 $40,500
2017 $3,618 $45,000 $4,500 $40,500
2016 $4,784 $45,000 $4,500 $40,500
2015 -- $45,000 $4,500 $40,500
2014 -- $45,000 $4,500 $40,500
Source: Public Records

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1257738

Western New York Real Estate Information Services (WNYREIS)

APN: 047201 8.084-3-8 01

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