NOT LISTED FOR SALE

Estimated Value: $574,429

-- Bed
-- Bath
7,659 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $325,000 $42 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,263/month

67 Days on Market

About This Home

As of November 2017

Elmwood Village Cash COW!!!!! This extremely well maintained Property contains (2) 2 bdrm apartments, and a 13 room boarding house. This building nets over $44k per year, and that is with owner giving free rent to the manager for one of the apartments(other one brings in $975 per month). Located in the Elmwood Village, hottest area of buffalo, but walking distance to Allentown, medical campus, Dyouville college, and Buff State. Plenty of re-use/redevelopment ideas that can even further increase rental income. Would be a great Air BNB complex(has the legal zoning unlike most). Plus has plenty of opportunity to turn into a fantastic multi unit building. A building of this magnitude doesn't come up very often in this area. Call for private showing today.

Last Agent to Sell the Property

Robert Karp

Listing by Keller Williams Realty WNY License #10301218689 Listed on: 06/09/2017

Keller Williams Realty WNY

Last Buyer's Agent

Dawn Rutkowski

Listing by WNY Metro Roberts Realty License #10401241826

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,460

Year Built

  • Built in 1900

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 35x100

Parking

  • No Garage

Interior Spaces

  • 7,659 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 13
  • Assessor Parcel Number 140200-099-680-0005-013-000

Community Details

Overview

  • 15 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $20,022
  • Gross Income $65,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,460

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Rooming House
  • Property Type: Multi Family
  • Rent Includes: All Utilities
  • Year Built: 1900
  • Lot Features: Other, See Remarks
  • Directions: Richmond between Summer and Jersey
  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile, Varies, Vinyl
  • Garage Yn: No
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.0803
  • Waterfront Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: See Remarks

Garage/Parking

  • Parking Features: None, No Garage

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-099-680-0005-013-000
  • Lot Dimensions: 35X100
  • Lot Size Sq Ft: 3500.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 15
  • Annual Gross Income: 65720.0
  • Annual Operating Expense: 20022.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 3460.0
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Nov 8, 2017
Sold by
Zuefle Jesse
Bought by
B & W Iii Appliances Llc
Seller's Agent
Robert Karp
Keller Williams Realty WNY
Buyer's Agent
Dawn Rutkowski
WNY Metro Roberts Realty
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
$574,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,429
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Dec 10, 2004
Sold by
Milioto Joanne F and Mytnik Joanne
Bought by
Zuefle Jesse
Source: Public Records

Range of Values:

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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
B & W Iii Appliances Llc $325,000 None Available
Zuefle Jesse $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2017 11/14/17 Sold $325,000 -7.1% $42 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $349,900 -- $46 / 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 $1,601 $316,000 $35,000 $281,000
2023 $1,601 $316,000 $35,000 $281,000
2022 $1,589 $316,000 $35,000 $281,000
2021 $1,589 $316,000 $35,000 $281,000
2020 $770 $316,000 $35,000 $281,000
2019 $3,846 $100,000 $5,300 $94,700
2018 $3,555 $100,000 $5,300 $94,700
2017 $595 $100,000 $5,300 $94,700
2016 $3,347 $100,000 $5,300 $94,700
2015 -- $100,000 $5,300 $94,700
2014 -- $100,000 $5,300 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1054005

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-680-0005-013-000