NOT LISTED FOR SALE

428 Fairmount Ave Jamestown, NY 14701

Estimated Value: $137,555

Studio
-- Bath
2,332 Sq Ft
$59/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2021

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

Est. 38% increase in value since last sale

Current estimated payment $1,009 / mo

141 Days on Market

Highlights

  • Cathedral Ceiling
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Attic
  • Woodwork
  • Ceiling Fan

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 49x120

Home Design

  • Duplex
  • Mixed Use
  • Poured Concrete
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Washer Hookup
  • Attic

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • Parking Available
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,253

Year Built

Built in 1940

Lot Details

5,880 Sq Ft Lot

Listing Details

  • Business Type: Mixed
  • Property Sub Type: Mixed Use
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1940
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Fairmount Avenue, at the city line. Next to Brigiotta's Farmland store.
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Other, See Remarks, Varies, Vinyl
  • Interior Features: Attic, Ceiling Fan(s), Cathedral Ceiling(s), Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.135
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Copper Plumbing
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Paved, Parking Available, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Baseboard, Electric, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Southwestern

Lot Info

  • Parcel Number: 063889-386-008-0004-021-000
  • Lot Dimensions: 49X120
  • Lot Size Sq Ft: 5880.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3253.0
  • Tax Lot: 21

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Bought by
Current Estimated Value
$137,555

Purchase Details

Closed on
Mar 13, 2024
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 2023
Sold by
Bought by

Purchase Details

Listed on
May 5, 2021
Closed on
Nov 29, 2021
Sold by
Bought by
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
7.26%
Original Mortgage
$85,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$84,900 None Listed On Document
$40,000 None Listed On Document
$100,000 None Available
-- None Available
$55,000 Dale C Spoto
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,212 $100,000 $21,600 $78,400
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

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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

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