NOT LISTED FOR SALE

428 Fairmount Ave Jamestown, NY 14701

Estimated Value: $139,467

Studio
-- Bath
2,332 Sq Ft
$60/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $100,000 $43 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $990/month

141 Days on Market

Highlights

  • Cathedral Ceiling
  • Woodwork
  • Accessible Ramps
  • Finished Attic
  • Forced Air Cooling System
  • Accessible Doors

About This Home

As of December 2021

This freshly remodeled building is multi purpose, it can be used as a true 2 family or as a multi use building with both an apartment and professional space because its zoned commercial and R2. There is a long laundry list of updates, upgrades and repairs(see attached list) All new and will bring in great rental income. Pictures don't do it justice. New floors, new utilities, new plumbing, freshly painted and ready to start earning.

Last Agent to Sell the Property

James Johnson

Listing by Real Estate Advantage License #40JO1146194 Listed on: 05/05/2021

Last Buyer's Agent

James Johnson

Listing by Real Estate Advantage License #40JO1146194 Listed on: 05/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,253

Year Built

  • Built in 1940

Lot Details

  • 5,880 Sq Ft Lot
  • Lot Dimensions are 120 x 49

Parking

  • Driveway

Home Design

  • Mixed Use
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Finished Attic
  • Fire Escape
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Accessible Home Design

  • Wheelchair Accessible Bath
  • Accessible Doors
  • Accessible Ramps

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 21
  • Assessor Parcel Number 063889-386-008-0004-021-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,253

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Accessibility: Handicap Doors - Some, Ramp, Wheelchair Bathroom
  • NY Swis Code: Ellicott-063889
  • Total Assessed Value: 100000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 49
  • Lot Information: Commercial Zoning, Neighborhood Street
  • Lot Number: 21
  • Nearest Cross Street: McDaniel
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 740740.74
  • Ratio Close Price By Sq Ft: 42.88
  • Ratio List Price By Acres: 955555.56
  • Ratio List Price By Sq Ft: 55.32
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 1930
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit, Mixed Use, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5880
  • Ad Copy: Completely remodeled 2 family or multi use Commercial, High End Apts. all new
  • Ad Headline: Income Producer SWCS area
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Fairmount Avenue, at the city line. Next to Brigiotta's Farmland store.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Finished
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 2332

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Fire Escape
  • Number of Acres: 0.1350

Garage/Parking

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

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: AC-Central, Baseboard, Forced Air, Municipal Electric
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 063889-386-008-0004-021-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3253

MLS Schools

  • School District Name: Southwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Semyenova Anastasia
Bought by
Semyenova Anastasia and Gualtieri Dario
Current Estimated Value
$139,467

Purchase Details

Closed on
Mar 13, 2024
Sold by
Semyenova Anastasia A
Bought by
Epstein Michael and Epstein Ute Marga

Purchase Details

Closed on
Oct 6, 2023
Sold by
Semyenova Anastasia
Bought by
Yonkers Jason M and Buck Monica H

Purchase Details

Listed on
May 5, 2021
Closed on
Nov 29, 2021
Sold by
Harbor Light Inc
Bought by
Semyenova Anastasia
Seller's Agent
James Johnson
Real Estate Advantage
Buyer's Agent
James Johnson
Real Estate Advantage
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$85,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2020
Sold by
Erickson Kenneth J and Erickson Miranda F
Bought by
Harbor Light Inc Of Wny

Purchase Details

Closed on
Feb 5, 2004
Sold by
Alder Bottom Swamp Land Co Llc
Bought by
Erickson Kenneth

Purchase Details

Closed on
Nov 1, 2000
Sold by
Bender Roger L
Bought by
Alder Bottom Swamp Land C
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
Semyenova Anastasia -- None Listed On Document
Epstein Michael $84,900 None Listed On Document
Yonkers Jason M $40,000 None Listed On Document
Semyenova Anastasia $100,000 None Available
Harbor Light Inc Of Wny -- None Available
Erickson Kenneth $55,000 Dale C Spoto
Alder Bottom Swamp Land C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Semyenova Anastasia $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $100,000 -22.5% $43 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $129,000 -- $55 / 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 $3,212 $100,000 $21,600 $78,400
2023 $3,163 $100,000 $21,600 $78,400
2022 $3,298 $100,000 $21,600 $78,400
2021 $3,312 $100,000 $21,600 $78,400
2020 $3,031 $100,000 $21,600 $78,400
2019 $2,360 $61,700 $29,600 $32,100
2018 $2,360 $61,700 $29,600 $32,100
2017 $2,201 $61,700 $29,600 $32,100
2016 $2,205 $61,700 $29,600 $32,100
2015 -- $61,700 $29,600 $32,100
2014 -- $61,700 $29,600 $32,100
Source: Public Records

Agents Affiliated with this Home

  • James Johnson

    Seller's Agent in 2021

    James Johnson

    Real Estate Advantage

    (716) 664-1762

    6 in this area

    143 Total Sales

    James Johnson
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1334583

Chautauqua-Cattaraugus Board of REALTORS®

APN: 063889-386-008-0004-021-000

New York Chautauqua County Jamestown 14701

428 Fairmount Ave, Jamestown, NY

Not Listed for Sale

MultiFamily

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