NOT LISTED FOR SALE

114 E Summerset Ln Buffalo, NY 14228

North Amherst Neighborhood

Estimated Value: $301,000 - $359,905

5 Beds
3 Baths
2,336 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $155,000 $66 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,325/month

8 Days on Market

Highlights

  • Deck
  • Forced Air Cooling System
  • Property is near a bus stop
  • Wood Flooring
  • Wheelchair Adaptable
  • Ceiling Fan

About This Home

As of December 2014

This Amherst Duplex is located in the Sweet Home School District and features in the #1 unit:3 bedrooms,1.5 bath,living room,dining room,large kitchen,private basement.The second unit has 2 very large bedrooms,1.5 bath,large eat-in kitchen,living room and private basement.Updates include furnaces,electrical,glass block windows,gutters,flooring and roof 10 years old.Don't miss this one!

Last Agent to Sell the Property

Sandra Hockwater

Listing by MJ Peterson Real Estate Inc. License #40HO0889051 Listed on: 10/24/2014

MJ Peterson Real Estate Inc.

Last Buyer's Agent

Lori Campanella

Listing by No Office Affiliation License #10301200613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 135 x 60
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Duplex
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,336 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Sweet Home Middle School
  • Sweet Home Senior High School

Utilities

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

Additional Features

  • Wheelchair Adaptable
  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes garage, water
  • Assessor Parcel Number 142289-026-100-0003-021-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,374

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Accessibility: Adaptable Home - some
  • Age: 42
  • NY Swis Code: Amherst-142289
  • Total Assessed Value: 128400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 135
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 841578.9500
  • List Price per Sq Ft: 68.4503
  • Nearest Cross Street: Tonawanda Creek Rd.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 815789.47
  • Ratio Close Price By Sq Ft: 66.35
  • Ratio List Price By Acres: 841578.95
  • Ratio List Price By Sq Ft: 68.45
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Garage, Water
  • School Tax: 1839
  • Sale Price List Price: 0.9693
  • S P Per Acre: 815789.4700
  • S P Per Sq Ft: 66.3500
  • Sub Board Code: Buffalo
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 159900.00
  • Year Built Description: Existing
  • Age of Building: 50
  • Year Built: 1972
  • Directions To Property: Niagara Falls Blvd. to Tonawanda Creek Rd. TO e. Summerset Ln.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1972

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Sump Pump
  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Rooms: 10
  • Total Sq Ft: 2336

Exterior Features

  • Construction: Brick, Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Partially Fenced Yard
  • Number of Acres: 0.1900

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Sweet Home
  • Middle School: Sweet Home Middle
  • High School: Sweet Home Senior High

Lot Info

  • Parcel Number: 142289-026-100-0003-021-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4374

MLS Schools

  • High School Name: Sweet Home Senior High
  • Middle School Name: Sweet Home Middle
  • School District Name: Sweet Home

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2018
Sold by
Palumbo Daniel A
Bought by
Palumbo Daniel A and Palumbo Diane M
Current Estimated Value
$328,726

Purchase Details

Listed on
Oct 24, 2014
Closed on
Dec 26, 2014
Sold by
Petrakis Christopher
Bought by
Palumbo Daniel
Seller's Agent
Sandra Hockwater
MJ Peterson Real Estate Inc.
Buyer's Agent
Lori Campanella
No Office Affiliation
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Sep 27, 2002
Sold by
Procopio Joseph B
Bought by
Petrakis Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 1999
Sold by
Foulke Bryan and Foulke Michele
Bought by
Procopio Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 1994
Sold by
Palumbo Jeffery D Palumbo Kath
Bought by
Foulke Bryan T and Foulke Michele A
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
Palumbo Daniel A -- None Available
Palumbo Daniel $148,000 None Available
Petrakis Christopher $116,000 --
Procopio Joseph $113,000 --
Foulke Bryan T $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrakis Christopher P $108,800
Previous Owner Petrakis Christopher P $27,200
Previous Owner Petrakis Christopher $104,400
Previous Owner Procopio Joseph B $10,000
Previous Owner Procopio Joseph $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $155,000 -3.1% $66 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $159,900 -- $68 / 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 -- $300,000 $28,300 $271,700
2023 $6,413 $148,000 $24,700 $123,300
2022 $6,054 $148,000 $24,700 $123,300
2021 $5,864 $148,000 $24,700 $123,300
2020 $4,442 $148,000 $24,700 $123,300
2019 $4,576 $148,000 $24,700 $123,300
2018 $4,498 $148,000 $24,700 $123,300
2017 $2,683 $148,000 $24,700 $123,300
2016 $4,817 $128,400 $16,500 $111,900
2015 -- $128,400 $16,500 $111,900
2014 -- $128,400 $16,500 $111,900
Source: Public Records

Agents Affiliated with this Home

  • Sandra Hockwater

    Seller's Agent in 2014

    Sandra Hockwater

    MJ Peterson Real Estate Inc.

    (716) 481-8625

    74 Total Sales

    Section Image

  • L

    Buyer's Agent in 2014

    Lori Campanella

    No Office Affiliation

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Map

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

MLS Number: B463646

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-026-100-0003-021-000

New York Erie County Buffalo 14228 North Amherst

114 E Summerset Ln, Buffalo, NY

This home is located at 114 E Summerset Ln, Buffalo, NY 14228 since 24 October 2014 and is currently estimated at $328,726, approximately $140 per square foot. This property was built in 1972. 114 E Summerset Ln is a home located in Erie County with nearby schools including Sweet Home Middle School, Sweet Home Senior High School, and St Christopher Elementary School.

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