5 months on rocket

50 Colfax St, Jamestown, NY, 14701

$60,000

Home List Price

$713*

Closing Credit

4 Bedrooms
2 Full Baths
1,996 SqFt
$30/SqFt
Multi

Location

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50 Colfax St, Jamestown$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Driveway
Year Built1914
HeatingElectric, Natural Gas, Other, Baseboard
CoolingOther
BasementYes
MLS #R1553358
Lot Size0.17 Acres
StatusActive

About 50 Colfax St

Presenting a fantastic opportunity for homebuyers and investors alike: a well-maintained 2-family residence at 50 Colfax Street, Jamestown, New York 14701. Two Distinct Units: This property comprises two separate living units, making it an ideal choice for multi-generational living, rental income, or investment purposes. Both tenants want to stay seller does not want to make them move. Unit 1: The first unit offers 2 bedrooms, and a comfortable living space. Unit 2: The second unit features 2 bedrooms, a well-appointed kitchen, and a spacious living area. Outdoor Space: A sizeable yard provides room for outdoor activities and relaxation. Convenient Location: Situated in neighborhood that it offers easy access to local schools, parks, shopping, and transportation options. Whether you're looking to invest in rental income or have a multi-generational living arrangement, 50 Colfax Street provides a flexible and attractive solution. Don't miss out on this opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 2
  • Living Area: 1,996 SqFt

Listing Office:

  • Office Name: ERA Team VP Real Estate
  • Office Email: soldbyheather716@gmail.com
  • Listing Agent: Heather Shea-Canaley

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: Yes
  • Flooring Type: Varies, Vinyl
  • Interior: Air Filtration

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: No Driveway

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Other, Baseboard
  • Cooling: Other

Other

Directions Information:

  • Directions: Newland to Colfax

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000
  • Price Per SqFt: $30/SqFt

Tax Information:

  • Annual Amount: $1,455
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jamestown, NY.

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Jamestown, NY

City

Med. Sold Price

$104.5K

Med. Price/SqFt

$65

Avg. Days On Market

27

# of Sold Homes

21

50 Colfax St vs Jamestown

164 DAYS ON ROCKET

+137 Days

$60,000

-$44.5K Less

$30/SqFt

-$36 Less

KEY TAKEAWAY

This property is $44.5K less than the Median Sold Price and $36/SqFt less than other homes in Jamestown, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #R1553358

Listing Office:

  • Office Name: ERA Team VP Real Estate
  • Office Email: soldbyheather716@gmail.com
  • Listing Agent: Heather Shea-Canaley

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/31/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 26, 2018Home Sold
$12,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,455$28,000
2019$549$28,000
2018$549$28,000
2017$1,592$28,000

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2281552
4
/10

  • Abraham Lincoln Elementary School

  • 301 Front St

  • 0.36 miles

  • Public District Grades PK-4

school-card-donut-2281553
2
/10

  • Milton J Fletcher Elementary School

  • 301 Cole Ave

  • 0.65 miles

  • Public District Grades PK-4

school-card-donut-2281554
4
/10

  • Samuel G Love Elementary School

  • 50 E 8th St

  • 0.98 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,991. Residents of Jamestown, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Jamestown, NY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Jamestown, NY.

The housing landscape in Jamestown offers a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The market is complemented by a selection of apartments and townhouses, accommodating a range of preferences and needs. The homeownership rate in Jamestown is indicative of a community that values long-term residency and investment in the area.

What is it like to live in Jamestown, NY?

Jamestown is celebrated for its vibrant history and the legacy of Lucille Ball, with the annual Lucille Ball Comedy Festival drawing visitors and locals alike. The community prides itself on a strong sense of local identity, with numerous parks and cultural venues that contribute to the city's unique character. Residents enjoy a variety of year-round activities that foster a close-knit community atmosphere.

Is it easy to get around Jamestown, NY without a car?

The community benefits from a solid educational system, with several public schools serving different age groups and a number of private institutions that offer alternative educational opportunities. Healthcare services in Jamestown include a central hospital equipped with various specialized departments to cater to the community's needs. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options in Jamestown reflect the local culture, with a mix of independent shops and eateries that showcase the area's culinary diversity.

Transportation in Jamestown, NY.

Transportation options in Jamestown feature a network of roads that connect residents to nearby cities and attractions, with public transit available to facilitate local travel. The community's walkability varies by area, with certain neighborhoods offering more pedestrian-friendly environments than others. Bike paths and lanes are also present, encouraging alternative modes of transportation. While ride-sharing services are present, they complement the existing transportation infrastructure, providing additional mobility solutions for residents and visitors.

Rocket Homes›New York›Chautauqua County›Jamestown›14701›50 Colfax St

This home is located at 50 Colfax St in Jamestown, NY and zip code 14701. This 1,996 square foot home, which was built in 1914, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $60,000.

Jamestown, NY housing market in November 2024 saw over 5 listings sold above listed price, more than 6 sold at listed price and over 10 sold below. The number of homes for sale in Jamestown, NY decreased by 18.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $104,566, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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