NOT LISTED FOR SALE

4795 W Main St Fredonia, NY 14063

Estimated Value: $276,328

-- Bed
-- Bath
2,686 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $230,000 $86 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,782/month

8 Days on Market

Highlights

  • 2.9 Acre Lot
  • Baseboard Heating
  • Wood Siding
  • Ceiling Fan
  • Rectangular Lot
  • 1-Story Property

About This Home

As of July 2023

Excellent investment opportunity! Investors, here is your chance to own this 6 unit apartment complex. Situated on approximately 2.9 acres of land and Located on Route 20 just minutes away from downtown Fredonia and suny Fredonia. This complex has been well maintained and has a strong rental history with $40,000 a year in gross annual rental income. The Interior and exterior of this property is in great shape while several of the units have recently been rennovated. There is enough space on this large parcel for either additional structures or for other desired uses. Plenty of parking and priced to SELL. Schedule your showing ASAP. This Property can be purchased as part of a package with 182 prospect and 15 chautauqua in Fredonia. In total 26 units are available for sale. Seller is willing to sell properties individually as well.

Last Agent to Sell the Property

Michael Heald

Listing by Premier Realty & Investments Brokerage Phone: 716-413-1500 License #10401346664 Listed on: 02/15/2023

Last Buyer's Agent

Dawn Moran

Listing by HUNT Real Estate Corporation License #10301222598

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,357

Year Built

  • Built in 1970

Lot Details

  • 2.9 Acre Lot
  • Lot Dimensions are 350x0
  • Rectangular Lot

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,686 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range

Parking

  • No Garage
  • Driveway

Schools

  • Fredonia Elementary School
  • Fredonia Middle School
  • Fredonia High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes all utilities, heat, hot water
  • Tax Lot 35
  • Assessor Parcel Number 065889-129-000-0004-035-000

Community Details

Overview

  • 6 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $18,108
  • Gross Income $39,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,357

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Heat, Hot Water
  • Year Built: 1970
  • Attribution Contact: 716-413-1500
  • Lot Features: Rectangular
  • Road Frontage Type: Main Thoroughfare
  • Directions: Travel west on Route 20 from downtown Fredonia. 4795 w main will be on your left just as you reach Farel Road.
  • Flooring: Laminate, Other, See Remarks, Varies
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Bedroom on Main Level
  • Unit Levels: One
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: None
  • Basement YN: No
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 2.9
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Concrete Driveway

Garage/Parking

  • Parking Features: Two Spaces, No Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Fredonia
  • Ninth Grade High School: Fredonia High
  • Middle Or Junior School: Fredonia Middle

Lot Info

  • Parcel Number: 065889-129-000-0004-035-000
  • Lot Dimensions: 350X0
  • Lot Size Sq Ft: 126324.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 39636.0
  • Annual Operating Expense: 18108.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4357.0
  • Tax Lot: 35

MLS Schools

  • Elementary School: Fredonia Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 30, 2023
Sold by
Ama Of Fingerlakes Llc
Bought by
Northeastern Prop Grp Llc
Seller's Agent
Michael Heald
Premier Realty & Investments
Buyer's Agent
Dawn Moran
HUNT Real Estate Corporation
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
70
Current Estimated Value
$276,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,328
Avg. Annual Appreciation
5.16%

Purchase Details

Listed on
Sep 18, 2020
Closed on
Mar 24, 2021
Sold by
Cassidy Daniel
Bought by
Ama Of Fingerlakes Llc
Seller's Agent
Brenda Burgstrom
Premier Realty & Investments
Buyer's Agent
Richard Burgstrom
Premier Realty & Investments
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$127,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
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
Northeastern Prop Grp Llc $230,000 None Available
Ama Of Fingerlakes Llc $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ama Of Fingerlakes Llc $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $230,000 -8.0% $86 / Sq Ft
02/15/2023 02/15/23 For Sale $250,000 +47.1% $93 / Sq Ft
04/05/2021 04/05/21 Sold $170,000 -10.5% $63 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
09/18/2020 09/18/20 For Sale $189,900 -- $71 / 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 $8,784 $23,730 $5,360 $18,370
2023 $5,111 $23,730 $5,360 $18,370
2022 $5,021 $23,730 $5,360 $18,370
2021 $5,004 $23,730 $5,360 $18,370
2020 $4,937 $23,730 $5,360 $18,370
2019 $4,911 $23,730 $5,360 $18,370
2018 $4,911 $23,730 $5,360 $18,370
2017 $4,828 $23,730 $5,360 $18,370
2016 $4,773 $23,730 $5,360 $18,370
2015 -- $23,730 $5,360 $18,370
2014 -- $23,730 $5,360 $18,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1455559

Chautauqua-Cattaraugus Board of REALTORS®

APN: 065889-129-000-0004-035-000