NOT LISTED FOR SALE

Estimated Value: $288,000 - $309,000

4 Beds
2 Baths
1,834 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $132,500 $72 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,220/month

90 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Forced Air Cooling System
  • Wood Flooring
  • Woodwork
  • Patio

About This Home

As of April 2014

One of the Best Investment Properties in Cheektowaga, NY which is also perfect for owner occupants. Ideal layout. Located on a wonderful neighborhood street within the Maryvale School District, right off Union Road. This charming cape cod is 1834 sq ft with a 3 car garage. Expected rental income for lower is $1000+ and upper $650+. Upper is currently rented for $650 a month. Well maintained and improvements include: lower bathroom, central air, glass block windows, hot water tank (2011) and roof (2007). Priced at less than $74/sq ft - take a look today!

Last Agent to Sell the Property

Marie Adams-Rutkowski

Listing by eXp Realty License #10301221187 Listed on: 11/18/2013

eXp Realty

Last Buyer's Agent

Nancy Riester

Listing by MJ Peterson Real Estate Inc. License #10401246519

MJ Peterson Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1957

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 126 x 64
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Partial Copper Plumbing

Interior Spaces

  • Whirlpool Bathtub
  • 1,834 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Awning
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Parking

  • 3 Car Garage
  • Shared Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near bus stop

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal, water
  • Assessor Parcel Number 143089-091-080-0004-014-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • Operating Expense $1,000
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,860

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Age: 56
  • Annual Operating Expenses: 1000
  • NY Swis Code: Cheektowaga-143089
  • Total Assessed Value: 68200
  • Foundation Description: Poured
  • Gross Annual Income: 21000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 126
  • Lot Dimension Front: 64
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 684210.5300
  • List Price per Sq Ft: 70.8833
  • Nearest Cross Street: Union
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 697368.42
  • Ratio Close Price By Sq Ft: 72.25
  • Ratio List Price By Acres: 684210.53
  • Ratio List Price By Sq Ft: 70.88
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • School Tax: 2058
  • Sale Price List Price: 1.0192
  • S P Per Acre: 697368.4200
  • S P Per Sq Ft: 72.2500
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 130000.00
  • Year Built Description: Existing
  • Age of Building: 65
  • Year Built: 1957
  • Directions To Property: Union Road to Fairhaven Road.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1957

Interior Features

  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Natural Woodwork - some, Whirlpool Tub-Some
  • Basement Description: Full
  • Floor Description: Tile-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 13
  • Total Sq Ft: 1834

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Awning, Deck, Partially Fenced Yard, Patio
  • Number of Acres: 0.1900

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: 2 or More Spaces, Common, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 143089-091-080-0004-014-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4860

MLS Schools

  • School District Name: Maryvale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Apr 17, 2014
Sold by
Mcleod Robert
Bought by
Leyland Lindsay C
Seller's Agent
Marie Adams-Rutkowski
eXp Realty
Buyer's Agent
Nancy Riester
MJ Peterson Real Estate Inc.
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%
Current Estimated Value
$319,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,164
Avg. Annual Appreciation
7.21%
Original Mortgage
$130,099
Outstanding Balance
$98,825
Interest Rate
4.32%
Mortgage Type
FHA
Estimated Equity
$202,342

Purchase Details

Closed on
May 16, 2007
Sold by
Mcleod David B and Mcleod Denise
Bought by
Mcleod Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leyland Lindsay C $132,500 None Available
Mcleod Robert -- None Available
Mcleod David B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leyland Lindsay C $130,099
Previous Owner Mcleod Robert $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2014 04/16/14 Sold $132,500 +20284.6% $72 / Sq Ft
02/16/2014 02/16/14 Pending -- -- --
12/18/2013 12/18/13 Rented $650 -99.5% --
12/16/2013 12/16/13 Under Contract -- -- --
11/18/2013 11/18/13 For Sale $135,000 0.0% $74 / Sq Ft
08/19/2013 08/19/13 For Rent $700 -- --
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 $6,722 $204,000 $14,000 $190,000
2023 $6,471 $204,000 $14,000 $190,000
2022 $6,231 $204,000 $14,000 $190,000
2021 $5,985 $173,000 $14,000 $159,000
2020 $5,542 $131,140 $13,800 $117,340
2019 $4,644 $133,000 $13,800 $119,200
2018 $5,232 $133,000 $13,800 $119,200
2017 $2,772 $133,000 $13,800 $119,200
2016 $5,064 $133,000 $13,800 $119,200
2015 -- $110,000 $11,500 $98,500
2014 -- $110,000 $11,500 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B442212

Western New York Real Estate Information Services (WNYREIS)

APN: 143089-091-080-0004-014-000