$372,000
SOLD NOV 15, 2024

146 Wallace Ave Unit 2 Buffalo, NY 14214

North Park Neighborhood
6 Beds
2 Baths
2,706 Sq Ft
3,721 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

5% Below List Price

38 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Hot Water Heating System
  • Private Yard
  • Ceiling Fan
  • Partially Fenced Property

About This Home

As of November 2024

Here it is! Excellent opportunity in North Buffalo to own a solid 2 unit property steps from Hertel Ave! Whether you are an owner occupant looking to live upstairs while collecting rent from the lower unit, or an investor, this property is bright, spacious, easy to maintain, with MANY updates! Attractive exterior vinyl siding! Full tear off roof was completed in 2010. Many newer windows throughout the house! Each unit features 3 bedrooms, 1 bathroom, formal dining room, and large living room. Updated laminate flooring throughout both units. All bedrooms, both dining rooms, and both kitchens have ceiling fans! Open 2nd floor balcony with newer vinyl railing. Big updated kitchens in both units, as well as updated bathrooms with surround showers and tubs. Huge attic which has potential to finish for additional living space. Large private fenced back yard with shed. 1st floor tenant is in a lease through July 2025 at $1650 per month. This property checks all the boxes for those looking for a multi unit in North Buffalo: ideal location/street, important updates completed, decent yard space, great downstairs tenant paying current market rent! Come view today!

Last Agent to Sell the Property

Liz Wandersee

Listing by Red Door Real Estate WNY LLC Brokerage Phone: 716-465-3072 License #10301215542 Listed on: 08/12/2024

Last Buyer's Agent

John Corrao

Listing by MJ Peterson Real Estate Inc. License #10401301683

MJ Peterson Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,743

Year Built

  • Built in 1922

Lot Details

  • 3,721 Sq Ft Lot
  • Lot Dimensions are 33x110
  • Partially Fenced Property
  • Private Yard

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2,706 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 15
  • Assessor Parcel Number 140200-078-740-0003-015-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,743

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1922
  • Attribution Contact: 716-465-3072
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On Wallace between Hertel Ave & Huntington Ave.
  • Architectural Style: Duplex
  • Flooring: Laminate, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.0854
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Fence, Private Yard, See Remarks
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-078-740-0003-015-000
  • Lot Dimensions: 33X110
  • Lot Size Sq Ft: 3721.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3743.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Nov 6, 2024
Sold by
Krugolets Glen B and Karnath Leanora M
Bought by
Wheatley Tremain
Seller's Agent
Liz Wandersee
Red Door Real Estate WNY LLC
Buyer's Agent
John Corrao
MJ Peterson Real Estate Inc.
List Price
$389,900
Sold Price
$372,000
Premium/Discount to List
-$17,900
-4.59%
Total Days on Market
38
Views
37
Current Estimated Value
$392,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,732
Avg. Annual Appreciation
0.96%
Original Mortgage
$332,000
Outstanding Balance
$330,356
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$44,244

Purchase Details

Closed on
May 19, 2022
Sold by
M Nelson Holdings Llc
Bought by
Krugolets Glen B and Karnath Leanora M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2021
Sold by
Nelson Megan K
Bought by
M Nelson Holdings Llc

Purchase Details

Listed on
Sep 24, 2014
Closed on
Nov 24, 2014
Sold by
A & D Properties
Bought by
Nelson Megan K
Seller's Agent
Matt Quagliano
Buffalo Home Sellers LLC
Buyer's Agent
Alan (Al) Ryer
REMAX North
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$144,400
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2007
Sold by
Andrews Allison and Urtel Diane
Bought by
A & D Properties

Purchase Details

Closed on
Aug 21, 1997
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $372,000 First American Mortgage Sln
Warranty Deed $372,000 First American Mortgage Sln
Warranty Deed $310,000 First American Title Ins Co
Warranty Deed $310,000 First American Title Ins Co
Warranty Deed $310,000 First American Title Ins Co
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $169,900 None Available
Warranty Deed $169,900 None Available
Warranty Deed $106,500 None Available
Warranty Deed $106,500 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,000 New Conventional
Closed $332,000 New Conventional
Previous Owner $304,385 FHA
Previous Owner $144,400 New Conventional
Previous Owner $72,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $372,000 -2.1% $137 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $379,900 -2.6% $140 / Sq Ft
08/12/2024 08/12/24 For Sale $389,900 +129.5% $144 / Sq Ft
12/04/2014 12/04/14 Sold $169,900 0.0% $63 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $169,900 -- $63 / 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 $1,191 $235,000 $33,000 $202,000
2023 $1,191 $235,000 $33,000 $202,000
2022 $1,182 $235,000 $33,000 $202,000
2021 $1,182 $235,000 $33,000 $202,000
2020 $820 $235,000 $33,000 $202,000
2019 $2,922 $106,500 $8,200 $98,300
2018 $2,749 $106,500 $8,200 $98,300
2017 $634 $106,500 $8,200 $98,300
2016 $2,592 $106,500 $8,200 $98,300
2015 -- $106,500 $8,200 $98,300
2014 -- $106,500 $8,200 $98,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1557784

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-740-0003-015-000