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Real Estate Transactions in Chautauqua County: February 18-21 Summary

Recent Sales Overview

In a noteworthy development in Chautauqua County, two vacant business buildings have changed hands recently. These transactions reflect ongoing real estate activity in the area.

Sale Highlights

According to a detailed analysis by The Post-Journal and OBSERVER, which monitored real estate sales from February 18 to February 21, several significant properties have been sold. Debra Raynor has sold the property located at 166 N. Portage St. in Westfield to Bass Equity Holdings, LLC, a company based in Edinboro, Pennsylvania, for the amount of $70,000. This property previously housed Raynor’s Hunting and Fishing Emporium, which has now permanently closed its doors.

In another distinct transaction, Edward S. Balarin Foundation, Inc. has transferred ownership of 421 E. Second St. in Jamestown to Vu Huynh for a sum of $159,000. While there are currently no active businesses in this location, it has seen a variety of tenants over the years, including Curves and various other enterprises such as a physical therapist and a pet grooming service. A sign at the premises still identifies it as the “Jamestown Office Complex.”

Noteworthy Transactions Above $250,000

During the February 18-21 period, a total of three sales exceeded the $250,000 threshold. They include:

1. 355 East Main St., Fredonia: Sold by Melissa Brzozowski to William Kendall and Sommer Gutierrez for $264,000.
2. 4382 West Lake Road, Chautauqua town: Sold by Jason Morrison to the John F. Turben and Susan H. Turben 1998 Descendants Trust for $278,500.
3. 3522 Stetson Road, Mina: Sold by Timothy and Amy McGaughey to Sarah and Tommy Warnick for $260,000.

Comprehensive Transaction Data

Overall, there were 68 transactions recorded during this same period, showcasing robust activity in the real estate market. Notable sales include:

• Unit G, Penn Arms Condominium, Chautauqua Institution: Sold for an impressive $736,030.
• 24 Mont Alto Drive, Jamestown: Sold by Maria Andalora for $205,000.
• 3323 Werle Road, Sheridan: Sold by Therese Rivard for $335,000.
• Various other sales that reflect a wide range of property types and price points.

The Value of legal Assistance

In light of these transactions, understanding real estate law and the intricacies of contracts can be daunting for buyers and sellers alike. With the complex nature of real estate documents, it’s essential to navigate them correctly to avoid potential pitfalls.

How AI legalese decoder Can Assist

AI legalese decoder can be an invaluable resource in this context, helping individuals decode legal jargon typically found in real estate contracts and documents. By providing simplified explanations and summaries of complex legal terms, AI legalese decoder enables buyers and sellers to better understand their obligations, rights, and any potential liabilities that may arise from their transactions.

This tool not only saves time, but also empowers homeowners and real estate investors to make informed decisions, ultimately leading to more successful and stress-free real estate dealings. Whether navigating zoning laws, understanding purchase agreements, or following through on disclosure requirements, AI legalese decoder is designed to streamline the process and enhance comprehension of the legal aspects involved in real estate transactions.

Conclusion

As the real estate market in Chautauqua County continues to exhibit significant activity, both seasoned and novice participants must arm themselves with the right tools and knowledge. Utilizing resources such as AI legalese decoder can effectively bridge the gap between complex legal documents and user-friendly content, encouraging successful transactions in the ever-evolving real estate landscape.

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