NOT LISTED FOR SALE

54 Madison St Wellsville, NY 14895

Estimated Value: $75,000 - $99,000

4 Beds
2 Baths
1,750 Sq Ft
$50/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $74,000 $42 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $559/month

21 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Property is near a bus stop
  • 2 Fireplaces
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of July 2021

Well Maintained duplex, conveniently located in the center of the village, just one block from Main Street. Each unit is a spacious two bedroom one bath, with front and rear porches. Original casings and moldings and each with a fireplace as focal point in the living room. Currently a shared laundry in the basement. Charming spacious, clean and well maintained. Live in one and rent the other and collect passive income.

Last Agent to Sell the Property

Lisa Darling

Listing by Homestar Realty License #10371200757 Listed on: 05/21/2021

Last Buyer's Agent

Lisa Darling

Listing by Homestar Realty License #10371200757 Listed on: 05/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,029

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 66 x 40
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Electric Fireplace
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Location

  • Property is near a bus stop

Schools

  • Wellsville Middle School
  • Wellsville Senior High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 10
  • Assessor Parcel Number 027001-239-037-0001-010-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,029

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Wellsville-Village-027001
  • Total Assessed Value: 49000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 66
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 10
  • Lot Shape: Rectangular
  • Nearest Cross Street: Maple
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1233333.33
  • Ratio Close Price By Sq Ft: 42.29
  • Ratio List Price By Acres: 1081666.67
  • Ratio List Price By Sq Ft: 37.09
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • Roof Description: Asphalt
  • School Tax: 1157
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Village: Wellsville-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 2614
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1750
  • Directions To Property: Main Street to Madison. Posted rents are well below median rental rate for two bedroom apt.
  • Sq Ft Total Pub: 1750
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Laundry-Common
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 1750

Exterior Features

  • Construction: Vinyl, Wood
  • Additional Exterior Features: High Speed Internet, Thermal Windows - Some, Wood Screens/Storms-some
  • Number of Acres: 0.0600

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 1 Space

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Wellsville
  • Middle School: Wellsville Middle
  • High School: Wellsville Senior High

Lot Info

  • Parcel Number: 027001-239-037-0001-010-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3029

MLS Schools

  • High School Name: Wellsville Senior High
  • Middle School Name: Wellsville Middle
  • School District Name: Wellsville

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stephen Wayne $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $74,000 +14.0% $42 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $64,900 -- $37 / 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 $2,942 $49,000 $2,000 $47,000
2023 $2,948 $49,000 $2,000 $47,000
2022 $3,021 $49,000 $2,000 $47,000
2021 $2,167 $49,000 $2,000 $47,000
2020 $2,974 $49,000 $2,000 $47,000
2019 $2,875 $49,000 $2,000 $47,000
2018 $2,875 $49,000 $2,000 $47,000
2017 $2,875 $49,000 $2,000 $47,000
2016 $2,961 $49,000 $2,000 $47,000
2015 -- $49,000 $2,000 $47,000
2014 -- $49,000 $2,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1335285

Western New York Real Estate Information Services (WNYREIS)

APN: 027001-239-037-0001-010-000-0000