NOT LISTED FOR SALE

Estimated Value: $100,000 - $143,000

4 Beds
2 Baths
1,954 Sq Ft
$63/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $40,000 $20 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $798/month

76 Days on Market

Highlights

  • Full Attic
  • Property is near a bus stop
  • Wall to Wall Carpet
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of May 2017

This well maintained 2/2 double, located close to downtown, shows "pride of ownership". Excellent (clean) tenants, but low rents. Tenants pay all utilities, including water (2 water meters). Tons of off street parking and a detached 2 car garage. Divided basement has laundry hookups for both apartments. This property is a super value - see for yourself. Please allow 48 hours notice for showings

Last Agent to Sell the Property

Michael McDonough

Listing by HUNT Real Estate Corporation License #30MC0825647 Listed on: 01/14/2017

HUNT Real Estate Corporation

Last Buyer's Agent

Sharon Ciminelli

Listing by MJ Peterson Real Estate Inc. License #30CI0635619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,085

Year Built

  • Built in 1920

Lot Details

  • 4,158 Sq Ft Lot
  • Lot Dimensions are 126 x 33

Parking

  • 2 Car Garage

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 1,954 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Location

  • Property is near a bus stop

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 no utilities
  • Assessor Parcel Number 291100-159-024-0005-008-000

Community Details

Overview

  • 2 Units
  • Mile Reserve Community
  • Mile Reserve Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $4,000
  • Gross Income $12,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,085

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 4000
  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 45000
  • Foundation Description: Poured
  • Gross Annual Income: 12180
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 126
  • Lot Dimension Front: 33
  • Lot Information: Near Bus Line
  • Nearest Cross Street: 15th
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 418848.17
  • Ratio Close Price By Sq Ft: 20.47
  • Ratio List Price By Acres: 428272.25
  • Ratio List Price By Sq Ft: 20.93
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 879
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4158
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: South side of Walnut Avenue, near the corner of 15th Street.
  • Subdivision Comm Complex: Mile Reserve
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Storage
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Total Sq Ft: 1954

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.0955

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-159-024-0005-008-000

Rental Info

  • Certificate of Occupancy: Not Supplied
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2085

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2014
Sold by
Gigliotti David A and Gigliotti Pamela
Bought by
Cowan Walter
Current Estimated Value
$123,473
Source: Public Records

Range of Values:

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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
Cowan Walter $30,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $40,000 -2.2% $20 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/25/2017 03/25/17 Price Changed $40,900 -9.1% $21 / Sq Ft
01/14/2017 01/14/17 For Sale $45,000 -- $23 / 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 $1,750 $45,000 $2,500 $42,500
2023 $1,750 $45,000 $2,500 $42,500
2022 $1,316 $45,000 $2,500 $42,500
2021 $1,316 $45,000 $2,500 $42,500
2020 $873 $45,000 $2,500 $42,500
2019 $838 $45,000 $2,500 $42,500
2018 $1,293 $45,000 $2,500 $42,500
2017 $838 $45,000 $2,500 $42,500
2016 $1,257 $45,000 $2,500 $42,500
2015 -- $45,000 $2,500 $42,500
2014 -- $45,000 $2,500 $42,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1021140

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-024-0005-008-000