NOT LISTED FOR SALE

75 Chestnut St Gowanda, NY 14070

Estimated Value: $75,000 - $149,000

6 Beds
2 Baths
2,424 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $58,000 $24 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $708/month

99 Days on Market

About This Home

As of December 2016

This two story home features 3 bedrooms in both upper and lower units. The apartments have formal dining room too! Separate utilities for each with tenants paying, water, gas and electric. Each unit has its own boiler for heat. Appliances belong to tenants. Great investment opportunity or live in one unit while collecting rent to help with expenses. Laundry hook ups are in the basement. Each unit has a covered porch area as well. New roof on garage!

Last Agent to Sell the Property

Kathy Komenda

Listing by Howard Hanna WNY Inc. License #30KO0635543 Listed on: 05/20/2016

Howard Hanna WNY Inc.

Co-Listed By

Dorothy Selan

Listing by No Office Affiliation License #40SE0805761

Last Buyer's Agent

Kathy Komenda

Listing by Howard Hanna WNY Inc. License #30KO0635543 Listed on: 05/20/2016

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 237 x 45

Parking

  • 2 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Multiple Heating Units
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 047201-008-083-0003-009-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,604

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Age: 86
  • NY Swis Code: Gowanda-Village-047201
  • Total Assessed Value: 44300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 237
  • Lot Dimension Front: 45
  • L P Per Acre: 234000.0000
  • List Price per Sq Ft: 24.1336
  • Nearest Cross Street: Commercial Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 232000.00
  • Ratio Close Price By Sq Ft: 23.93
  • Ratio List Price By Acres: 234000.00
  • Ratio List Price By Sq Ft: 24.13
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1019
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 58500.00
  • Village: Gowanda-Village
  • Year Built Description: Existing
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: From Jamestown Street ( rte 62) Turn onto Walnut
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 6
  • Total Sq Ft: 2424

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.2500

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 047201-008-083-0003-009-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2604

MLS Schools

  • School District Name: Gowanda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Dec 1, 2016
Sold by
Trumpore Kirk
Bought by
Kniese Robert
Seller's Agent
Kathy Komenda
Howard Hanna WNY Inc.
Buyer's Agent
Kathy Komenda
Howard Hanna WNY Inc.
List Price
$64,900
Sold Price
$58,000
Premium/Discount to List
-$6,900
-10.63%
Current Estimated Value
$112,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,142
Avg. Annual Appreciation
7.51%
Original Mortgage
$52,200
Outstanding Balance
$32,437
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,705

Purchase Details

Closed on
May 20, 2009
Sold by
Trumpore Walter
Bought by
Trumpore Kirk

Purchase Details

Closed on
May 20, 1998
Sold by
Covert Michael J
Bought by
Trumpore Walter E and Trumpore Cora I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kniese Robert $58,000 Fredric Weyand
Trumpore Kirk -- Timothy Frank
Trumpore Walter E $44,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kniese Robert $52,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $58,000 -10.6% $24 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $64,900 -- $27 / 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 $1,468 $94,600 $5,100 $89,500
2023 $1,390 $99,300 $8,400 $90,900
2022 $1,395 $44,300 $4,400 $39,900
2021 $1,903 $44,300 $4,400 $39,900
2020 $975 $44,300 $4,400 $39,900
2019 $1,045 $44,300 $4,400 $39,900
2018 $1,421 $44,300 $4,400 $39,900
2017 $1,423 $44,300 $4,400 $39,900
2016 $2,715 $44,300 $4,400 $39,900
2015 -- $44,300 $4,400 $39,900
2014 -- $44,300 $4,400 $39,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B500154

Western New York Real Estate Information Services (WNYREIS)

APN: 047201-008-083-0003-009-000-0000