NOT LISTED FOR SALE

127 Iris Ave Buffalo, NY 14224

Estimated Value: $261,000 - $316,000

4 Beds
2 Baths
1,986 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $159,900 $81 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,020/month

9 Days on Market

Highlights

  • Forced Air Cooling System
  • High Speed Internet
  • Wall to Wall Carpet
  • Ceiling Fan

About This Home

As of October 2020

This investment opportunity won't last! ALL brick 2 family home with lots of potential!! Quiet dead-end street, one block from West Seneca West High School. Ample parking at back of the House with a good size yard to enjoy! Each unit has separate utilities, newer windows and lots of natural light. Basement laundry, glass block windows, short drive to soccer complex, Southgate Plaza, and town Library. Would make ideal owner occupied or as an investor property! Please allow 24hr notice to tenant for all showings. Showings M-F 4pm-7pm and Friday-Sunday 10am-7pm.
Offers, if any, will be reviewed on Wednesday, August 19th at 12:00pm

Last Agent to Sell the Property

Mariah Hoeber

Listing by Realty ONE Group Empower License #10401233617 Listed on: 08/11/2020

Realty ONE Group Empower

Last Buyer's Agent

Jay Coles

Listing by Howard Hanna WNY Inc. License #40CO0795918

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,892

Year Built

  • Built in 1957

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 190 x 50

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Brick Frame
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,986 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wall to Wall Carpet
  • Laminate

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

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

Listing and Financial Details

  • Rent includes garage, water
  • Tax Lot 44
  • Assessor Parcel Number 146800-134-190-0002-044-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,892

Year Built

Built in 1957

Lot Details

9,500 Sq Ft Lot

Listing Details

  • NY Swis Code: West Seneca-146800
  • Total Assessed Value: 63000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 190
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 44
  • Nearest Cross Street: Main Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 733149.93
  • Ratio Close Price By Sq Ft: 80.51
  • Ratio List Price By Acres: 687299.40
  • Ratio List Price By Sq Ft: 75.48
  • Regional Board Code: Buffalo
  • Rent Includes: Garage, Water
  • Roof Description: Asphalt
  • School Tax: 2807
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9500
  • Age of Building: 65
  • Year Built: 1957
  • Above Grade Finished Sq Ft: 1986
  • Directions To Property: Main St to Iris Ave
  • Sq Ft Total Pub: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1957

Interior Features

  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Sump Pump
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1986

Exterior Features

  • Construction: Brick, Brick and Frame
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.2181

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

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

Lot Info

  • Parcel Number: 146800-134-190-0002-044-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5892

MLS Schools

  • School District Name: West Seneca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 13, 2020
Sold by
Baron William J and Baron Joseph T
Bought by
Hortman Derek T
Seller's Agent
Mariah Hoeber
Realty ONE Group Empower
Buyer's Agent
Jay Coles
Howard Hanna WNY Inc.
List Price
$149,900
Sold Price
$159,900
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$281,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,694
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Jun 25, 2012
Sold by
Fischer Dam R
Bought by
Baron William J and Baron Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2008
Sold by
Evens Lori
Bought by
Fischer Adam R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,750
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2007
Sold by
Evens Michael and Evens Lori
Bought by
Evens Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 6, 2002
Sold by
Hartman Robert N and Gaughan Dennis
Bought by
Bankers Trust Company Of California Na and Wilshire Funding Corp Mtg Backed Trust 1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hortman Derek T $159,900 None Available
Baron William J $100,000 None Available
Fischer Adam R $82,750 Stewart Title Insurance Co
Evens Lori -- None Available
Bankers Trust Company Of California Na $99,699 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baron William J $80,000
Previous Owner Fischer Adam R $62,750
Previous Owner Evens Lori $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $159,900 +6.7% $81 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $149,900 -- $75 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $6,452 $64,900 $6,800 $58,100
2023 $6,185 $63,500 $6,800 $56,700
2022 $6,021 $63,500 $6,800 $56,700
2021 $5,954 $63,000 $6,800 $56,200
2020 $5,460 $63,000 $6,800 $56,200
2019 $5,273 $63,000 $6,800 $56,200
2018 $5,240 $63,000 $6,800 $56,200
2017 $2,742 $63,000 $6,800 $56,200
2016 $4,960 $63,000 $6,800 $56,200
2015 -- $63,000 $6,800 $56,200
2014 -- $63,000 $6,800 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1285713

Western New York Real Estate Information Services (WNYREIS)

APN: 146800-134-190-0002-044-000

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