NOT LISTED FOR SALE

46 S 7th St Allegany, NY 14706

Estimated Value: $127,998

6 Beds
2 Baths
2,056 Sq Ft
$62/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $72,500 $35 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $985/month

30 Days on Market

Highlights

  • Baseboard Heating
  • Rectangular Lot
  • Wall to Wall Carpet

About This Home

As of January 2016

Great investment opportunity in Allegany.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 09/28/2015

Howard Hanna Professionals - Olean

Last Buyer's Agent

Dario Peynado

Listing by No Office Affiliation License #10401249779

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,496

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 217 x 70
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,056 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Linoleum

Schools

  • Allegany Elementary School
  • Allegany-Limestone Middle School
  • Allegany-Limestone High School

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 042001-093-051-0003-024-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $15,000
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,496

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 115
  • Annual Operating Expenses: 15000
  • NY Swis Code: Allegany-Village-042001
  • Total Assessed Value: 55000
  • Gross Annual Income: 22800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 217
  • Lot Dimension Front: 70
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 214000.0000
  • List Price per Sq Ft: 36.4299
  • Nearest Cross Street: East Union
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 207142.86
  • Ratio Close Price By Sq Ft: 35.26
  • Ratio List Price By Acres: 214000.00
  • Ratio List Price By Sq Ft: 36.43
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 988
  • Sale Price List Price: 0.9679
  • S P Per Acre: 207142.8600
  • S P Per Sq Ft: 35.2600
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 74900.00
  • Village: Allegany-Village
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Turn off Main Street onto South Seventh,
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Rooms: 10
  • Total Sq Ft: 2056

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.3500

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Allegany-Limestone
  • Elementary School: Allegany Elementary
  • Middle School: Allegany-Limestone Middle
  • High School: Allegany-Limestone High

Lot Info

  • Parcel Number: 042001-093-051-0003-024-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2496

MLS Schools

  • Elementary School Name: Allegany Elementary
  • High School Name: Allegany-Limestone High
  • Middle School Name: Allegany-Limestone Middle
  • School District Name: Allegany-Limestone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2015
Closed on
Jan 15, 2016
Sold by
Mtk Development Llc
Bought by
Hucko Housing Llc
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Dario Peynado
No Office Affiliation
List Price
$74,900
Sold Price
$72,500
Premium/Discount to List
-$2,400
-3.2%
Current Estimated Value
$127,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,498
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
May 31, 2012
Sold by
Cyzeski John
Bought by
Mtk Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2009
Sold by
Five Star Bank
Bought by
Cyzeski John

Purchase Details

Closed on
Jan 14, 1996
Sold by
Halgas Chester
Bought by
Allegany Properties Inc
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
Hucko Housing Llc $72,500 Charles Santoli
Mtk Development Llc $55,000 Daniel Palumbo
Cyzeski John $36,000 --
Allegany Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mtk Development Llc $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $72,500 -3.2% $35 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $74,900 -- $36 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $3,463 $72,500 $9,800 $62,700
2023 $3,074 $72,500 $9,800 $62,700
2022 $2,918 $72,500 $9,800 $62,700
2021 $2,359 $72,500 $9,800 $62,700
2020 $2,953 $72,500 $9,800 $62,700
2019 $969 $72,500 $9,800 $62,700
2018 $2,905 $72,500 $9,800 $62,700
2017 $2,482 $55,000 $6,300 $48,700
2016 $2,460 $55,000 $6,300 $48,700
2015 -- $55,000 $6,300 $48,700
2014 -- $55,000 $6,300 $48,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B486206

Western New York Real Estate Information Services (WNYREIS)

APN: 042001-093-051-0003-024-000-0000