NOT LISTED FOR SALE

416 W Main St Falconer, NY 14733

Estimated Value: $192,839

6 Beds
4 Baths
3,714 Sq Ft
$52/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $170,000 $46 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,288/month

42 Days on Market

About This Home

As of January 2024

JUST REDUCED!Welcome to this fantastic investment opportunity in the Falconer School District. This property features four units in total, compromising (2) 2 bedroom apartments, and (2) 1 bedroom apartments. The property has undergone a significant amount of work, and offers a unique opportunity for those looking to add their personal touch. Situated close to amenities, this property offers convenience to tenants with easy access to shopping & dining. This property is full of potential, don't miss out on this opportunity. Rental income potential of over 3k per month!

Last Agent to Sell the Property

Taylor Bennett

Listing by Keller Williams Realty Brokerage Phone: 716-450-7235 License #10401246823 Listed on: 11/01/2023

Keller Williams Realty

Last Buyer's Agent

Taylor Bennett

Listing by Keller Williams Realty Brokerage Phone: 716-450-7235 License #10401246823 Listed on: 11/01/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1940

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,714 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Falconer Middle School
  • Falconer Middle/High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Rent includes gardener
  • Tax Lot 41
  • Assessor Parcel Number 063803-371-014-0001-041-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,370

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener
  • Year Built: 1940
  • Attribution Contact: 716-450-7235
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From E 2nd headed toward falconer Home is on the left with signage.
  • Flooring: Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0918
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Falconer
  • Ninth Grade High School: Falconer Middle/High
  • Middle Or Junior School: Falconer Middle

Lot Info

  • Parcel Number: 063803-371-014-0001-041-000
  • Lot Dimensions: 40X100
  • Lot Size Sq Ft: 4000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 3370.0
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2016
Sold by
Trimpey Miles W
Bought by
Riolo James J and Riolo Darlene A
Current Estimated Value
$192,839

Purchase Details

Closed on
Nov 3, 1999
Sold by
Riolo James J
Bought by
Lindstrom David N

Purchase Details

Closed on
Feb 11, 1997
Sold by
Lindstrom David N and Lindstrom Rilsyn A
Bought by
Riolo James J and Riolo Darnele A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Riolo James J $23,000 Richard Fessenden
Lindstrom David N $56,736 Robert W Vanevery
Riolo James J $60,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $170,000 -8.1% $46 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/17/2023 11/17/23 Price Changed $185,000 -7.5% $50 / Sq Ft
11/01/2023 11/01/23 For Sale $199,900 +149.9% $54 / Sq Ft
03/22/2023 03/22/23 Sold $80,000 -33.3% $22 / Sq Ft View Prior Sale
02/14/2023 02/14/23 Price Changed $119,900 -7.7% $32 / Sq Ft
12/04/2022 12/04/22 For Sale $129,900 -- $35 / 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 $3,352 $90,000 $4,200 $85,800
2023 $3,400 $90,000 $4,200 $85,800
2022 $3,370 $90,000 $4,200 $85,800
2021 $3,343 $90,000 $4,200 $85,800
2020 $2,616 $90,000 $4,200 $85,800
2019 $3,325 $45,000 $2,700 $42,300
2018 $3,325 $45,000 $2,700 $42,300
2017 $2,742 $30,000 $2,700 $27,300
2016 $2,440 $59,000 $2,700 $56,300
2015 -- $59,000 $2,700 $56,300
2014 -- $59,000 $2,700 $56,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1505068

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063803-371-014-0001-041-000