NOT LISTED FOR SALE

1268 Electric Ave Buffalo, NY 14218

Estimated Value: $171,171 - $204,000

5 Beds
2 Baths
2,568 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $12,000 $5 Per Sq Ft

Est. 1,517% increase in value since last sale

Current estimated payment $1,283/month

96 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Wall to Wall Carpet

About This Home

As of October 2015

THIS 3/3 DOUBLE WOULD MAKE A GREAT ADDITION TO YOUR INVESTMENT PORTFOLIO! NEAR ALL AMENITIES AND BUS ROUTES* EACH UNIT HAS A FORMAL DINING ROOM* SEPARATE UTILITIES* REPAIRS AND UPDATES ARE NEEDED* PROPERTY IS SOLD AS-IS* BUYER RESPONSIBLE FOR SEARCH, SURVEY AND TRANSFER TAX* CURRENT PROOF OF FUNDS REQUIRED WITH ALL OFFERS* DON'T WAIT, CALL TODAY TO SCHEDULE YOUR PRIVATE VIEWING!

Last Agent to Sell the Property

Ellen Leader

Listing by Keller Williams Realty License #10301205516 Listed on: 05/30/2015

Keller Williams Realty

Last Buyer's Agent

Ronald Little

Listing by No Office Affiliation License #40LI1151283

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 160 x 30

Interior Spaces

  • 2,568 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Linoleum

Parking

  • No Garage
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 140900-142-380-0005-025-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Age: 110
  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 56300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 160
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • L P Per Acre: 263636.3600
  • List Price per Sq Ft: 11.2928
  • Nearest Cross Street: BERRY
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 109090.91
  • Ratio Close Price By Sq Ft: 4.67
  • Ratio List Price By Acres: 263636.36
  • Ratio List Price By Sq Ft: 11.29
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 701
  • Sale Price List Price: 0.4137
  • S P Per Acre: 109090.9100
  • S P Per Sq Ft: 4.6700
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 29000.00
  • Year Built Description: Existing
  • Age of Building: 117
  • Year Built: 1905
  • Directions To Property: BETWEEN RIDGE & MAPLE GROVE
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Attic Description: Full, Partially Finished, Stair Access
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2568

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop, Shared

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

Schools

  • School District: Lackawanna

Lot Info

  • Parcel Number: 140900-142-380-0005-025-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1535

MLS Schools

  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2018
Sold by
Bros Pros Realty Inc
Bought by
Four Brothers Of Wny Inc
Current Estimated Value
$194,043

Purchase Details

Closed on
Nov 22, 2017
Sold by
Bros Pros Realty Inc
Bought by
Four Brothers Of Wny Inc

Purchase Details

Listed on
May 30, 2015
Closed on
Sep 24, 2015
Sold by
Webster Bank N A
Bought by
Bro S Pro S Reality Inc
Seller's Agent
Ellen Leader
Keller Williams Realty
Buyer's Agent
Ronald Little
No Office Affiliation
List Price
$29,000
Sold Price
$12,000
Premium/Discount to List
-$17,000
-58.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.39%

Purchase Details

Closed on
Nov 5, 2014
Sold by
Grucza Bernard T and Grucza Heather
Bought by
Webster Bank Na
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
Four Brothers Of Wny Inc -- --
Four Brothers Of Wny Inc -- --
Bro S Pro S Reality Inc $12,000 None Available
Webster Bank Na $37,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grucza Bernard T $55,800
Previous Owner Grueza Bernard T $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2015 10/06/15 Sold $12,000 -58.6% $5 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $29,000 -- $11 / 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 -- $96,000 $6,800 $89,200
2023 $2,738 $96,000 $6,800 $89,200
2022 $2,641 $96,000 $6,800 $89,200
2021 $2,661 $96,000 $6,800 $89,200
2020 $1,111 $96,000 $6,800 $89,200
2019 $3,232 $56,300 $4,100 $52,200
2018 $1,360 $56,300 $4,100 $52,200
2017 $1,065 $56,300 $4,100 $52,200
2016 $1,361 $56,300 $4,100 $52,200
2015 -- $56,300 $4,100 $52,200
2014 -- $56,300 $4,100 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B476200

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-380-0005-025-000