NOT LISTED FOR SALE

Estimated Value: $126,000 - $213,000

5 Beds
2 Baths
2,462 Sq Ft
$67/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $88,000 $36 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $903/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Multiple Heating Units
  • Fenced Yard
  • Property is near bus stop

About This Home

As of March 2021

Hard to find West Side multi family home under $100k! Welcome to 1114 West Avenue or as I like to call it an affordable money maker with low taxes. Current monthly income is $1,175 with great month to month tenants who would love to stay. Wow this one is a great investment property with long term tenants who pay their rent every month on time. Both apartments show well. Add this one to your portfolio today. There is no basement and no driveway. Stop by the open showing this Thursday 1/28 4:00-5:00 or Saturday 1/30 1:00-3:00.

Last Agent to Sell the Property

Renee J. Moran

Listing by Red Door Real Estate WNY LLC License #10491202951 Listed on: 01/26/2021

Last Buyer's Agent

Robert Blake

Listing by HUNT Real Estate Corporation License #10301206206

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $670

Year Built

  • Built in 1900

Lot Details

  • 3,044 Sq Ft Lot
  • Lot Dimensions are 120 x 25
  • Fenced Yard

Parking

  • Driveway

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,462 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Wall to Wall Carpet

Location

  • Property is near bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 12
  • Assessor Parcel Number 140200-088-820-0007-012-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$670

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 38000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 25
  • Lot Information: Near Bus Line
  • Lot Number: 12
  • Nearest Cross Street: Lafayette
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1258941.34
  • Ratio Close Price By Sq Ft: 35.74
  • Ratio List Price By Acres: 1287410.59
  • Ratio List Price By Sq Ft: 36.55
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 181
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3044
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2462
  • Directions To Property: Coming from Niagara st, make a left on to Lafayette. West Ave will be your first street on your left. on your left side you'll arrive at 1114 West Ave.
  • Sq Ft Total Pub: 2462
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Crawl Space
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2462

Exterior Features

  • Construction: Vinyl, Wood
  • Additional Exterior Features: Fully Fenced Yard
  • Number of Acres: 0.0699

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-088-820-0007-012-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 670

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 1, 2021
Sold by
L & W New York Llc
Bought by
Ali Nurto and Abdille Mohamud
Seller's Agent
Renee J. Moran
Red Door Real Estate WNY LLC
Buyer's Agent
Robert Blake
HUNT Real Estate Corporation
List Price
$89,990
Sold Price
$88,000
Premium/Discount to List
-$1,990
-2.21%
Current Estimated Value
$164,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,535
Avg. Annual Appreciation
13.71%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Erlikh Boris
Bought by
L & W New York Llc

Purchase Details

Closed on
Dec 8, 2008
Sold by
Perez Linda and Perez Yount Linda
Bought by
Erlikh Boris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,327
Interest Rate
6.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ali Nurto $88,000 None Available
L & W New York Llc $28,250 Stewart Title Insurance Co
Erlikh Boris A $24,891 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erlikh Boris A $20,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2021 03/03/21 Sold $88,000 -2.2% $36 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $89,990 +218.5% $37 / Sq Ft
05/12/2014 05/12/14 Sold $28,250 -15.7% $11 / Sq Ft View Prior Sale
02/14/2014 02/14/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $33,500 -- $14 / 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 $504 $90,000 $4,600 $85,400
2023 $468 $90,000 $4,600 $85,400
2022 $453 $90,000 $4,600 $85,400
2021 $453 $90,000 $4,600 $85,400
2020 $292 $90,000 $4,600 $85,400
2019 $1,043 $38,000 $3,600 $34,400
2018 $981 $38,000 $3,600 $34,400
2017 $226 $38,000 $3,600 $34,400
2016 $925 $38,000 $3,600 $34,400
2015 -- $38,000 $3,600 $34,400
2014 -- $38,000 $3,600 $34,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1316413

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-088-820-0007-012-000