NOT LISTED FOR SALE

117 Shepard Ave Buffalo, NY 14217

Estimated Value: $267,000 - $294,057

4 Beds
2 Baths
1,792 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $180,000 $100 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,722/month

11 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • 2 Car Garage
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Rectangular Lot

About This Home

As of December 2021

Perfect location for a money making two family home in the heart of Kenmore! Long time conscientious owner is retiring. Two bedrooms in each apartment. All separate utilities, newer windows, updated mechanics (2 new HE furnaces 2021, Central AC 2021, 1 new HWT 2015 and 1 HWT 2019), new chimney liner 2021, new sump pump 2019, new 30 year architectural roof June 2015, 2 new electric services 2013, 2 car garage and concrete driveway. Upper tenant wants to stay. Month to month tenancy. Owner will carry mortgage for qualified buyers at attractive rate. A real opportunity. Operating expenses include taxes.

Last Agent to Sell the Property

Chris Barusic

Listing by Howard Hanna WNY Inc. License #30BA0437487 Listed on: 10/12/2021

Howard Hanna WNY Inc.

Last Buyer's Agent

Christina Vinci

Listing by Howard Hanna WNY Inc. License #10401337091

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,896

Year Built

  • Built in 1930

Lot Details

  • 3,623 Sq Ft Lot
  • Lot Dimensions are 34x105
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shake Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Woodwork

Flooring

  • Wood
  • Carpet
  • Laminate

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 65
  • Assessor Parcel Number 146401-066-620-0004-065-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $7,896
  • Gross Income $18,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,896

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1930
  • Lot Features: Near Public Transit, Rectangular
  • Directions: Delaware Ave to Shepard Ave, or Elmwood Ave to Shepard Ave.
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0832
  • Waterfront: No
  • Construction Type: Shake Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Concrete, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Kenmore-Tonawanda Union Free District

Lot Info

  • Parcel Number: 146401-066-620-0004-065-000
  • Lot Dimensions: 34X105
  • Lot Size Sq Ft: 3623.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 18200.0
  • Annual Operating Expense: 7896.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5896.0
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Jan 27, 2022
Sold by
Carrow Mark S
Bought by
Vinci David and Vinci Christina M
Seller's Agent
Chris Barusic
Howard Hanna WNY Inc.
Buyer's Agent
Christina Vinci
Howard Hanna WNY Inc.
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$265,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,890
Avg. Annual Appreciation
13.01%
Original Mortgage
$144,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 21, 2021
Sold by
Carrow Mark S
Bought by
Vinci David and Vinci Christina M
Seller's Agent
Chris Barusic
Howard Hanna WNY Inc.
Buyer's Agent
Christina Vinci
Howard Hanna WNY Inc.
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 21, 2015
Closed on
Sep 1, 2015
Sold by
Reinhardt Otto C and Reinhardt Shirley
Bought by
Carrow Mark S
Seller's Agent
Marsha McCarthy
No Office Affiliation
Buyer's Agent
Chris Barusic
Howard Hanna WNY Inc.
List Price
$99,999
Sold Price
$100,000
Premium/Discount to List
$1
0.001%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Jan 20, 2005
Sold by
Reinhardt Otto C
Bought by
Reinhardt Otto C and Reinhardt Shirley

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
5.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Vinci David -- None Available
Vinci David -- None Available
Vinci David -- None Available
Vinci David $180,000 Stewart Title
Vinci David $180,000 None Available
Vinci David $180,000 Stewart Title
Carrow Mark S $100,000 None Available
Carrow Mark S $100,000 None Available
Carrow Mark S $100,000 None Available
Reinhardt Otto C -- Transnation Title
Reinhardt Otto C -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vinci David $144,000
Previous Owner Reinhardt Otto C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $180,000 -9.5% $100 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $199,000 +99.0% $111 / Sq Ft
09/08/2015 09/08/15 Sold $100,000 0.0% $56 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $99,999 -- $56 / 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 -- $54,200 $5,700 $48,500
2023 $8,268 $54,200 $5,700 $48,500
2022 $7,278 $54,200 $5,700 $48,500
2021 $4,470 $54,200 $5,700 $48,500
2020 $6,417 $54,200 $5,700 $48,500
2019 $3,683 $54,200 $5,700 $48,500
2018 $5,623 $54,200 $5,700 $48,500
2017 $1,014 $54,200 $5,700 $48,500
2016 $5,351 $54,200 $5,700 $48,500
2015 -- $54,200 $5,700 $48,500
2014 -- $54,200 $5,700 $48,500
Source: Public Records

Agents Affiliated with this Home

  • Chris Barusic

    Seller's Agent in 2021

    Chris Barusic

    Howard Hanna

    (716) 863-2110

    1 in this area

    149 Total Sales

    Section Image
  • Christina Vinci

    Buyer's Agent in 2021

    Christina Vinci

    Howard Hanna

    (716) 510-6847

    3 in this area

    73 Total Sales

    Section Image

  • M

    Seller's Agent in 2015

    Marsha McCarthy

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1366661

Western New York Real Estate Information Services (WNYREIS)

APN: 146401-066-620-0004-065-000

New York Erie County Buffalo 14217

117 Shepard Ave, Buffalo, NY

This home is located at 117 Shepard Ave, Buffalo, NY 14217 since 12 October 2021 and is currently estimated at $280,264, approximately $156 per square foot. This property was built in 1930. 117 Shepard Ave is a home located in Erie County with nearby schools including Herbert Hoover Elementary School, Herbert Hoover Middle School, and Kenmore West Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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