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986 Fairmount Avenue

986 Fairmount Avenue, Jamestown, NY 14701
Commercial in Ellicott
986 Fairmount Avenue has been categorized by the local assessors in Jamestown, NY as a commercial type of property. The building on the property was first built in 2022 and is 2 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 810 ft and across the front of the lot is 1,650 ft. The area measurement of the land has been determined as 13,365 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, the home is utilizing oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 986 Fairmount Avenue was last assessed in 2023. The total value of the property was assessed at $950,000. Specifically, the land the property is located on was valued at $70,200. While improvements on the property were assessed at a total of $879,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,349. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190821
08/21/2019
Loft
-
6966 ft²
$2,100,000
bedrooms
Loft
bathrooms
-
square feet
6966 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,365
  • Lot Size Depth Feet: 810
  • Lot Size Frontage Feet: 1,650
  • Total Building Area: 11,282
  • Gross Building Area: 11,282
  • Building Area: 11,282
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.306
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: OLD APN: 063889 22-5-21

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Southwestern Central School District at Jamestown
  • School Tax School District: SOUTHWESTERN
  • Census Tract: 037200

Zoning

  • Zoning: 05 - COMME

Geography

  • Account Number: 00950
  • District: 063889
  • Section: 386.06
  • Parcel: 063889 386.06-1-48
  • Block: 1
  • Lot: 48.000
  • Municipality: ELLICOTT (TOV)
  • Latitude: 42.0977
  • Longitude: -79.2932

    Address

  • Full Address: 986 Fairmount Ave
  • Address - House Number: 986
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Jamestown
  • Carrier Code: C041
  • 4-Digit Zip Code: 2449
  • Zip Code: 14701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,349
  • Tax Rate Code Area: 062201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: CATTARAUGUS COUNTY BANK
  • First Open Lien Mortgage Recording Date: Dec 09, 2021
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 09, 2051

    Market Valuation

  • Market Total Value: $1,117,600
  • Market Land Value: $82,585
  • Market Improvement Value: $1,035,015

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $950,000
  • Assessed Land Value: $70,200
  • Assessed Improvements Value: $879,800

About Jamestown West



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 986 Fairmount Avenue located in?
The 986 Fairmount Avenue is a commercial located in the neighborhood of Ellicott in Jamestown West, Jamestown.
What is the average sales price for listings in 986 Fairmount Avenue?
The average sales price for units in 986 Fairmount Avenue is $0 currently.

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