NOT LISTED FOR SALE

Estimated Value: $197,000 - $244,000

3 Beds
2 Baths
1,738 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $129,900 $75 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,211/month

25 Days on Market

Highlights

  • Leaded Glass Windows
  • Forced Air Cooling System
  • Partially Fenced Property
  • Woodwork
  • 2 Car Garage
  • 3-minute walk to Tim Russert Childrens Park

About This Home

As of December 2019

Investor's special in the heart of South Buffalo! Gross rents $17,256/yr. Leases in place into summer of 2020. Separate utilities (gas/electric) paid by tenants. Roof is about 6 years old; maintenance free siding; circuit breakers. Showings Tuesdays, Thursdays, and weekends with 24 hour notice.

Last Agent to Sell the Property

Mark Bookhagen

Listing by South Buffalo Realty Company License #10311207632 Listed on: 09/03/2019

Last Buyer's Agent

Karen Simon

Listing by No Office Affiliation License #10401307736

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1928

Lot Details

  • 4,284 Sq Ft Lot
  • Lot Dimensions are 119 x 36
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,738 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Leaded Glass Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Car Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 11
  • Assessor Parcel Number 140200-133-560-0001-011-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $17,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,929

Year Built

Built in 1928

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 74700
  • Foundation Description: Block
  • Gross Annual Income: 17256
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 119
  • Lot Dimension Front: 36
  • Lot Information: Secondary Road
  • Lot Number: 11
  • Nearest Cross Street: McKinley Pkwy
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1321464.90
  • Ratio Close Price By Sq Ft: 74.74
  • Ratio List Price By Acres: 1321464.90
  • Ratio List Price By Sq Ft: 74.74
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 656
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4284
  • Age of Building: 94
  • Year Built: 1928
  • Directions To Property: Whitfield Ave between McKinley and Ithaca
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Leaded Glass - some, Natural Woodwork - some
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1738

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.0983

Garage/Parking

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

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

Lot Info

  • Parcel Number: 140200-133-560-0001-011-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1929

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Nov 17, 2019
Sold by
Mckeone John J and Mckeone Mary C
Bought by
Langley Jonathan and Langley Elisabeth
Seller's Agent
Mark Bookhagen
South Buffalo Realty Company
Buyer's Agent
Karen Simon
No Office Affiliation
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%
Current Estimated Value
$221,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,331
Avg. Annual Appreciation
9.18%
Original Mortgage
$97,425
Outstanding Balance
$85,879
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$135,352
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
Langley Jonathan $129,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langley Jonathan $97,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $129,900 0.0% $75 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $129,900 -7.1% $75 / Sq Ft
09/03/2019 09/03/19 For Sale $139,900 -- $80 / 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 $673 $120,000 $10,000 $110,000
2023 $608 $120,000 $10,000 $110,000
2022 $603 $120,000 $10,000 $110,000
2021 $603 $120,000 $10,000 $110,000
2020 $575 $120,000 $10,000 $110,000
2019 $2,049 $74,700 $6,100 $68,600
2018 $1,929 $74,700 $6,100 $68,600
2017 $444 $74,700 $6,100 $68,600
2016 $1,818 $74,700 $6,100 $68,600
2015 -- $74,700 $6,100 $68,600
2014 -- $74,700 $6,100 $68,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1222157

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-133-560-0001-011-000