NOT LISTED FOR SALE

74 Cleveland Ave Fredonia, NY 14063

Estimated Value: $119,000 - $143,355

4 Beds
2 Baths
1,500 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $72,000 $48 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $935/month

49 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Forced Air Cooling System
  • Screened Porch
  • Eat-In Kitchen
  • Property is near a bus stop

About This Home

As of August 2017

Investors take notice. This two-family home is a money maker. Lower apartment has 3 students at $2300 per semester plus utilities; upper apartment is $450 per month plus utilities and landlord pays water. It features newer windows, front part of roof is new, dry basement, new copper water lines, parking for 5-6 cars, 100 amp circuit breaker electric service for each apartment; stove, refrigerator, dishwasher, washer, dryer in each apartment stays. This property brings in $19,200 per year--about a 4.5 year pay back. Call soon.

Last Agent to Sell the Property

Louis Dispenza

Listing by Midtown Realty License #40DI1039120 Listed on: 05/14/2017

Last Buyer's Agent

Anne Lapaglia

Listing by Howard Hanna Holt - Fredonia License #30LA0737178

Howard Hanna Holt - Fredonia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1897

Lot Details

  • Lot Dimensions are 159 x 115
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 113.15-2-21

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,795

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Pomfret-065889
  • Total Assessed Value: 12500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 159
  • Lot Dimension Front: 115
  • Lot Information: Near Bus Line
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 48.00
  • Ratio List Price By Sq Ft: 53.27
  • Regional Board Code: Rochester
  • Roof Description: Shingles
  • Sub Board Code: Chautauqua-Cattaraugus
  • Year Built Description: Existing
  • Age of Building: 126
  • Year Built: 1897
  • Directions To Property: From the center of Fredonia go east on Main Street; turn right on Cleveland; home on the left signs in place.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1897

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Porch - Screened
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In
  • Number of Rooms: 13
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1500

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Deck, Thermal Windows - Some

Garage/Parking

  • Number of Available Parking Spaces: 6
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 2
  • Sewer Water: Public Sewer Available, Public Water Available

Schools

  • School District: Fredonia

Lot Info

  • Parcel Number: 113.15-2-21

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Total Taxes: 2795

MLS Schools

  • School District Name: Fredonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2017
Closed on
Aug 25, 2017
Sold by
Speziale Matthew
Bought by
Warren Alexander
Seller's Agent
Louis Dispenza
Midtown Realty
Buyer's Agent
Anne Lapaglia
Howard Hanna Holt - Fredonia
List Price
$72,000
Sold Price
$72,000
Current Estimated Value
$131,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,089
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Sep 20, 2007
Sold by
Vecchio Costantino
Bought by
Speziale Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,750
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1997
Sold by
Kapuscinski Anthony C and Kapuscinski Janet
Bought by
Constantino Vecchio
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
Warren Alexander $72,000 Jeffrey Scherer
Speziale Matthew $72,900 Darren Swetz
Constantino Vecchio $45,385 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Speziale Matthew $68,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $72,000 0.0% $48 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
05/14/2017 05/14/17 For Sale $72,000 -- $48 / 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 $2,829 $12,500 $3,380 $9,120
2023 $2,802 $12,500 $3,380 $9,120
2022 $2,706 $12,500 $3,380 $9,120
2021 $2,691 $12,500 $3,380 $9,120
2020 $2,647 $12,500 $3,380 $9,120
2019 $2,628 $12,500 $3,380 $9,120
2018 $2,628 $12,500 $3,380 $9,120
2017 $2,588 $12,500 $3,380 $9,120
2016 $2,562 $12,500 $3,380 $9,120
2015 -- $12,500 $3,380 $9,120
2014 -- $12,500 $3,380 $9,120
Source: Public Records

Agents Affiliated with this Home

  • Louis Dispenza

    Seller's Agent in 2017

    Louis Dispenza

    Midtown Realty

    (716) 934-4494

    45 in this area

    275 Total Sales

    Louis Dispenza
    Section Image
  • Anne Lapaglia

    Buyer's Agent in 2017

    Anne Lapaglia

    Howard Hanna Holt - Fredonia

    (716) 673-5186

    150 in this area

    376 Total Sales

    Anne Lapaglia
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: 1042958

Chautauqua-Cattaraugus Board of REALTORS®

APN: 065801-113-015-0002-021-000

New York Chautauqua County Fredonia 14063

74 Cleveland Ave, Fredonia, NY

This home is located at 74 Cleveland Ave, Fredonia, NY 14063 since 14 May 2017 and is currently estimated at $131,089, approximately $87 per square foot. This property was built in 1897. 74 Cleveland Ave is a home located in Chautauqua County with nearby schools including Wheelock Primary School, Fredonia Elementary School, and Fredonia Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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