NOT LISTED FOR SALE

45 N 5th St Allegany, NY 14706

Estimated Value: $110,000 - $184,800

5 Beds
3 Baths
2,359 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $60,000 $25 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,112/month

99 Days on Market

Highlights

  • Partial Attic
  • Forced Air Cooling System
  • Heating System Uses Gas
  • Allegany-Limestone Elementary School Rated 9+
  • Wall to Wall Carpet
  • 3-minute walk to Recreation & Parks Department

About This Home

As of February 2020

Large home in the Village of Allegany that includes an upper apartment that can help with the mortgage or let out of town guests have space of their own. House has 4 bedrooms 1.5 baths. Large living room, dining room, family room. and kitchen. Plenty of cupboard space with built in. New flooring and some new windows. Laundry in the bathroom. Apartment has been newly remodeled with 1 bedroom , living room and kitchen. Large private backyard with shed. Call for more information today. Owners willing to look at any reasonable offer.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 09/26/2019

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 09/26/2019

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 288 x 60

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,359 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes hot water, water
  • Tax Lot 17
  • Assessor Parcel Number 042001-093-043-0007-017-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Allegany-Village-042001
  • Total Assessed Value: 90000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 288
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Number: 17
  • Nearest Cross Street: E Main St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 151247.79
  • Ratio Close Price By Sq Ft: 25.43
  • Ratio List Price By Acres: 163599.70
  • Ratio List Price By Sq Ft: 27.51
  • Regional Board Code: Rochester
  • Rent Includes: Hot Water, Water
  • School Tax: 1383
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Allegany-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 17280
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Turn off main st to north 5th st. Home is on the left
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2359

Exterior Features

  • Construction: Composition, Vinyl
  • Number of Acres: 0.3967

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Allegany-Limestone

Lot Info

  • Parcel Number: 042001-093-043-0007-017-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3738

MLS Schools

  • School District Name: Allegany-Limestone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Feb 11, 2020
Sold by
Coast Michael A and Coast Denise K
Bought by
Margeson Jennifer R
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Current Estimated Value
$146,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,950
Avg. Annual Appreciation
17.46%
Original Mortgage
$54,000
Outstanding Balance
$48,218
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$99,272

Purchase Details

Listed on
Jan 19, 2015
Closed on
Sep 29, 2015
Sold by
Youngs Estate Robert A
Bought by
Coast Michael A and Coast
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$89,000
Sold Price
$44,000
Premium/Discount to List
-$45,000
-50.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
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
Margeson Jennifer R $60,000 None Available
Coast Michael A -- Daniel R. Palumbo
Coast Michael A $44,000 Daniel R. Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margeson Jennifer R $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Sold $60,000 -7.6% $25 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
10/28/2019 10/28/19 Price Changed $64,900 -7.2% $28 / Sq Ft
09/26/2019 09/26/19 For Sale $69,900 +58.9% $30 / Sq Ft
09/29/2015 09/29/15 Sold $44,000 -50.6% $19 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $89,000 -- $38 / 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 $3,817 $90,000 $11,300 $78,700
2023 $3,816 $90,000 $11,300 $78,700
2022 $3,623 $90,000 $11,300 $78,700
2021 $2,929 $90,000 $11,300 $78,700
2020 $3,666 $90,000 $11,300 $78,700
2019 $1,410 $90,000 $11,300 $78,700
2018 $3,702 $90,000 $11,300 $78,700
2017 $3,611 $80,000 $7,600 $72,400
2016 $3,414 $80,000 $7,600 $72,400
2015 -- $80,000 $7,600 $72,400
2014 -- $80,000 $7,600 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1228902

Chautauqua-Cattaraugus Board of REALTORS®

APN: 042001-093-043-0007-017-000-0000