NOT LISTED FOR SALE

Estimated Value: $151,416

-- Bed
-- Bath
4,505 Sq Ft
$34/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $58,000 $13 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $970/month

19 Days on Market

About This Home

As of December 2016

3 unit building in nice area of the Lovejoy district. Business owner runs a hair salon and has been there for many year; wants to stay. First floor rear is tenanted and huge upper second floor apartment was receiving $650/month (vacant). Great opportunity to increase your investment portfolio with a solid return!

Last Agent to Sell the Property

Karen Bishop

Listing by No Office Affiliation License #10301212747 Listed on: 10/19/2016

Last Buyer's Agent

Yusimi Cabrera

Listing by No Office Affiliation License #10401275773

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,290

Lot Details

  • Lot Dimensions are 149 x 33

Parking

  • 2 Car Garage

Home Design

Interior Spaces

  • 4,505 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 140200-112-510-0003-005-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,290

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 35000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 149
  • Lot Dimension Front: 33
  • Lot Information: Commercial Zoning
  • Nearest Cross Street: N Ogden
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 12.87
  • Ratio List Price By Sq Ft: 16.63
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 892
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Directions To Property: Take N. Ogen to Lovejoy
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 4505

Exterior Features

  • Construction: Wood

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-112-510-0003-005-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1290

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2020
Sold by
First Buffalo Properties Llc
Bought by
Carousel Development Corporation
Current Estimated Value
$151,416

Purchase Details

Listed on
Oct 19, 2016
Closed on
Dec 20, 2016
Sold by
Destefano Frank
Bought by
First Buffalo Properties Llc
Seller's Agent
Karen Bishop
No Office Affiliation
Buyer's Agent
Yusimi Cabrera
No Office Affiliation
List Price
$74,900
Sold Price
$58,000
Premium/Discount to List
-$16,900
-22.56%
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
Carousel Development Corporation $115,000 None Available
First Buffalo Properties Llc $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Jeffrey $15,000
Previous Owner Cole Jeffrey $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $58,000 -22.6% $13 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $74,900 -- $17 / 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
2022 $374 $72,000 $15,500 $56,500
2021 $387 $77,000 $15,500 $61,500
2020 $269 $77,000 $15,500 $61,500
2019 $1,346 $35,000 $9,800 $25,200
2018 $1,244 $35,000 $9,800 $25,200
2017 $208 $35,000 $9,800 $25,200
2016 $1,171 $35,000 $9,800 $25,200
2015 -- $35,000 $9,800 $25,200
2014 -- $35,000 $9,800 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1009068

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-112-510-0003-005-000