NOT LISTED FOR SALE

56 Central Ave Fredonia, NY 14063

Estimated Value: $361,000 - $396,745

10 Beds
7 Baths
4,302 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2018

Last sale price $300,000 $70 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,877 / mo

41 Days on Market

Highlights

  • 0.75 Acre Lot
  • Furnished
  • Forced Air Heating System
  • Wood Flooring
  • Patio
  • 5-minute walk to Playground

About This Home

As of August 2018

Top of the line investment property!! This 6 unit 10 bedroom apartment building sits in a prime location to the college and is in superb condition! All new roofs, vinyl sided, twin double efficiency furnaces, new plumbing, updated electric panels, all new hw tanks, new XL concrete patio and vinyl fencing, and new large blacktop parking lot. Leased to students for 2018-19 school year and grosses $42,000+! A fantastic opportunity!

Last Agent to Sell the Property

Alan Shaw

Listing by Northern Chautauqua Realty, Inc. License #40SH0831244 Listed on: 05/15/2018

Last Buyer's Agent

Alan Shaw

Listing by Northern Chautauqua Realty, Inc. License #40SH0831244 Listed on: 05/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,259

Year Built

  • Built in 1912

Lot Details

  • 32,806 Sq Ft Lot
  • Lot Dimensions are 94x349

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,302 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Rent includes heat, trash collection, water
  • Tax Lot 32
  • Assessor Parcel Number 065801-113-010-0003-032-001

Community Details

Building Details

  • 4 Separate Gas Meters
  • Gross Income $42,500

Additional Features

  • 6 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,259

Year Built

Built in 1912

Lot Details

0.75 Acres

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Heat, Trash Collection, Water
  • Year Built: 1912
  • ResoLaundryFeatures: Coin-operated
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Central Ave near Curtis
  • Flooring: Carpet, Hardwood, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.7531
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway, Patio
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Schools

  • Junior High Dist: Fredonia

Lot Info

  • Parcel Number: 065801-113-010-0003-032-001
  • Lot Dimensions: 94X349
  • Lot Size Sq Ft: 32806.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 42500.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 9259.0
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2003
Sold by
Sly Wesley P
Bought by
Schwerteger Harry H
Current Estimated Value
$384,248
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

Date Buyer Sale Price Title Company
Schwerteger Harry H $158,500 R Timothy Eades
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Sold $300,000 -7.7% $70 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $325,000 -- $76 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $10,077 $44,530 $7,000 $37,530
2024 $10,077 $44,530 $7,000 $37,530
2023 $1,611 $44,530 $7,000 $37,530
2022 $1,611 $44,530 $7,000 $37,530
2021 $4,002 $44,530 $7,000 $37,530
2020 $9,420 $44,530 $7,000 $37,530
2019 $9,420 $200 $200 $0
2018 $9,420 $44,800 $7,270 $37,530
2017 $9,275 $44,800 $7,270 $37,530
2016 $9,182 $44,800 $7,270 $37,530
2015 -- $44,800 $7,270 $37,530
2014 -- $44,800 $7,270 $37,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1119058

Chautauqua-Cattaraugus Board of REALTORS®

APN: 065801-113-010-0003-032-001

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