Seller's Agent in 2023
Michael Lullo
Marathon Realty
(716) 474-3941
19 in this area
34 Total Sales
113 Bank St Batavia, NY 14020
Estimated Value: $105,104 - $274,000
8
Beds
4
Baths
9,798
Sq Ft
$18/Sq Ft
Est. Value
Highlights
- 1 Acre Lot
- Woodwork
- Hot Water Heating System
- Wood Flooring
- Forced Air Heating System
- 1 Car Garage
About This Home
As of June 2023DO NOT USE THIS PROPERTY AS A COMP. HAD TO SELL BELOW MARKET VALUE. CITY WILL ONLY ALLOW 113 BANK USAGE AS A 3 UNIT (SELLER WAS USING AS A 5 UNIT) AND CITY WILL ONLY ALLOW 117 BANK AS A 5 UNIT (SELLER WAS USING AS A 7 UNIT). Rare opportunity to own this 12 unit income property with gross rents approaching $100,000 and in a prime city location (Near YMCA, restaurants, city centre). Fully occupied with income and expense history available. Variety of studio, 1 bedroom and 2 bedroom units. Parking for 20+ vehicles, large garage and deep lot provides room to expand. 117 Bank Street has new roof in 2020. Listing Broker has provided rental management for 3 years. Property can be sold with or without future management services.
Last Agent to Sell the Property
Listing by Marathon Realty Brokerage Email: MARATHON@REALTOR.com License #37LU0523626 Listed on: 08/10/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,567
Year Built
- Built in 1880
Lot Details
- 1 Acre Lot
- Lot Dimensions are 141x300
Home Design
- Wood Siding
- Copper Plumbing
Interior Spaces
- 9,798 Sq Ft Home
- 3-Story Property
- Woodwork
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Vinyl
Parking
- 1 Car Garage
- Gravel Driveway
- Shared Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Hot Water Heating System
- Gas Water Heater
- Cable TV Available
Community Details
- 12 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Rent includes common area maintenance, electricity, heat, hot water, parking, snow removal, trash collection, water
- Assessor Parcel Number 180200-084-041-0001-013 AND 014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2021
Closed on
May 30, 2023
Sold by
Hacienda Mgmt Grp Llc
Bought by
Genesee Land Company Llc
Seller's Agent
Michael Lullo
Marathon Realty
Buyer's Agent
Jeremy Yasses
Yasses Realty Group LLC
List Price
$510,000
Sold Price
$212,500
Premium/Discount to List
-$297,500
-58.33%
Total Days on Market
23
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,724
Avg. Annual Appreciation
-9.43%
Purchase Details
Closed on
Mar 26, 2002
Sold by
Scalise Jodi Lea
Bought by
Hacienda Management Group
Purchase Details
Closed on
Jul 15, 1998
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Genesee Land Company Llc | $85,000 | None Available | |
| Hacienda Management Group | $92,500 | Gerald Williams | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2023 06/08/23 | Sold | $212,500 | -58.3% | $22 / Sq Ft |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- |
| 08/09/2021 08/09/21 | For Sale | $510,000 | -- | $52 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
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 | $4,248 | $129,000 | $18,200 | $110,800 |
| 2023 | $2,041 | $111,000 | $18,200 | $92,800 |
| 2022 | $4,129 | $111,000 | $18,200 | $92,800 |
| 2021 | $4,124 | $101,000 | $18,200 | $82,800 |
| 2020 | $4,190 | $96,000 | $18,200 | $77,800 |
| 2019 | $6,048 | $96,000 | $18,200 | $77,800 |
| 2018 | $6,048 | $96,000 | $18,200 | $77,800 |
| 2017 | $5,430 | $96,000 | $18,200 | $77,800 |
| 2016 | $5,507 | $96,000 | $18,200 | $77,800 |
| 2015 | -- | $96,000 | $18,200 | $77,800 |
| 2014 | -- | $96,000 | $18,200 | $77,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jeremy Yasses
Yasses Realty Group LLC
(585) 343-3755
52 in this area
73 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1358264
APN: 180200-084-041-0001-014-000
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