NOT LISTED FOR SALE

Estimated Value: $175,000 - $209,417

7 Beds
2 Baths
2,912 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2024

Last sale price $166,000 $57 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,465 / mo

107 Days on Market

Highlights

  • Woodwork
  • 2 Car Garage
  • High Speed Internet
  • Hot Water Heating System
  • Laundry Facilities
  • 1-minute walk to Playground

About This Home

As of January 2024

Great investment opportunity! This 7 bedroom home has been a student rental for many years - it can be used as a single 7 bedroom home or as a 3 and 4 bedroom duplex by simply closing two doors. There are 4 bedrooms downstairs with a kitchen, full bath, dining room and living room. The upstairs unit has 3 bedrooms, a full bath, kitchen and living room. The mechanical systems and a coin operated washer & dryer are in the basement. A large driveway provides plenty of parking and there is also a two car detached garage as well as a garden shed for lots of storage. Current rents are $2800/student/semester for a yearly gross income of $39,200. Most windows are thermopane, new metal roof in 2016, most of the flooring and carpeting was replaced in 2021, new hot water tank in 2023, a regularly serviced Dunkirk boiler with hot water radiators provides reliable heat. In order to facilitate a quick sale, this property is being listed well under its current income based market value of $255,000! This home is normally fully rented each school year. Currently, there are 6 leases signed for Fall 2023 and 5 for Spring 2024. Don't miss this great deal on a proven money maker!

Last Agent to Sell the Property

JON STEIGER

Listing by Brick Nest Realty Brokerage Phone: 716-321-1100 License #10491209567 Listed on: 07/28/2023

Last Buyer's Agent

JON STEIGER

Listing by Brick Nest Realty Brokerage Phone: 716-321-1100 License #10491209567 Listed on: 07/28/2023

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1900

Lot Details

  • 13,002 Sq Ft Lot
  • Lot Dimensions are 66x197
  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Woodwork

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Sump Pump

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes all utilities, common area maintenance, gardener, snow removal, trash collection
  • Tax Lot 25
  • Assessor Parcel Number 065801-113-014-0002-025-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,225

Year Built

Built in 1900

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities, Common Area Maintenance, Gardener, Snow Removal, Trash Collection
  • Year Built: 1900
  • Attribution Contact: 716-321-1100
  • ResoLaundryFeatures: Common Area
  • Road Frontage Type: Main Thoroughfare
  • Directions: From Route 20 in Fredonia, turn north onto Center Street. Go through two stop signs, the home will be on your left, across from the park.
  • Architectural Style: Duplex
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.2985
  • Waterfront: No
  • Construction Type: Vinyl Siding, PEX Plumbing
  • Exterior Features: Fence
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Gravel, Paved, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Fredonia

Lot Info

  • Parcel Number: 065801-113-014-0002-025-000
  • Lot Dimensions: 66X197
  • Lot Size Sq Ft: 13002.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4225.0
  • Tax Lot: 25

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Jan 5, 2024
Sold by
Steiger Jon
Bought by
Seller's Agent
JON STEIGER
Brick Nest Realty
Buyer's Agent
JON STEIGER
Brick Nest Realty
List Price
$189,900
Sold Price
$166,000
Premium/Discount to List
-$23,900
-12.59%
Views
176
Current Estimated Value
$192,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,854
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 6, 2013
Sold by
Kalfas Richard A
Bought by
Steiger Jon
Seller's Agent
Alan Shaw
Northern Chautauqua Realty, Inc.
Buyer's Agent
Alan Shaw
Northern Chautauqua Realty, Inc.
List Price
$174,000
Sold Price
$174,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.45%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$166,000 None Listed On Document
Steiger Jon $174,000 Laurie Militello
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2024 01/23/24 Sold $166,000 -10.2% $57 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
08/19/2023 08/19/23 Price Changed $184,900 -2.6% $63 / Sq Ft
07/28/2023 07/28/23 For Sale $189,900 +9.1% $65 / Sq Ft
09/06/2013 09/06/13 Sold $174,000 0.0% $60 / Sq Ft View Prior Sale
08/07/2013 08/07/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $174,000 -- $60 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,886 $19,460 $4,170 $15,290
2024 $4,886 $19,460 $4,170 $15,290
2023 $4,297 $19,460 $4,170 $15,290
2022 $4,212 $19,460 $4,170 $15,290
2021 $4,189 $19,460 $4,170 $15,290
2020 $4,121 $19,460 $4,170 $15,290
2019 $6,745 $19,460 $4,170 $15,290
2018 $6,745 $19,460 $4,170 $15,290
2017 $4,029 $19,460 $4,170 $15,290
2016 $3,988 $19,460 $4,170 $15,290
2015 -- $19,460 $4,170 $15,290
2014 -- $19,460 $4,170 $15,290
Source: Public Records

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1481900

Chautauqua-Cattaraugus Board of REALTORS®

APN: 065801-113-014-0002-025-000

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