NOT LISTED FOR SALE

15 Marlowe Ave Buffalo, NY 14219

Estimated Value: $176,000 - $213,000

2 Beds
2 Baths
1,212 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $127,000 $105 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,362/month

32 Days on Market

Highlights

  • Ceiling Fan
  • Wall to Wall Carpet
  • 2-minute walk to Jfk Playground
  • 2 Car Garage

About This Home

As of July 2021

24 HOUR NOTICE FOR SHOWINGS PLEASE Lovely 2 family home conveniently located to all amenities; Each unit has one bedroom/one bathroom, lower has updated kitchen with new cabinets, counters and floor; spacious living room and first floor laundry. Upper lever also has a spacious living room, applianced kitchen and bedroom with large closet. Access to walk up attic for lots of storage. Newer carpet and most new windows; fresh paint thruought. Two car detached garage with new roof and siding 3 years ago. Newer siding on house and house roof new in 2012. Each unit has its own heat unit and hot water tank. Upper heat (2004) Lower (2010) HWT’s 2002/2003. Great opportunity for investor or live in one and rent the other unit to help pay mortgage. Large shared driveway (Shared with the house to the right if you are facing the house) Conveniently located to the NYS Thruway and to all shopping, dining and recreation. Lower unit is vacant and upper unit has a good long time tenant with lease til 8/31/2021.

Last Agent to Sell the Property

Laura Giuseppetti

Listing by J Lawrence Realty License #40GI0972103 Listed on: 04/01/2021

Last Buyer's Agent

Robert Platek

Listing by WNY Metro Roberts Realty License #10301207944

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 1900

Lot Details

  • 5,578 Sq Ft Lot
  • Lot Dimensions are 115 x 48

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,212 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Attic Stairs

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Car Garage
  • Shared Driveway

Schools

  • Blasdell Elementary School
  • Frontier Middle School
  • Frontier Senior High School

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes garage, water
  • Tax Lot 5
  • Assessor Parcel Number 144801-151-700-0002-005-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $5,092
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,815

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Operating Expenses: 5092
  • NY Swis Code: Blasdell-Village-144801
  • Total Assessed Value: 48000
  • Gross Annual Income: 16800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 48
  • Lot Information: Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: Avon
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 992187.50
  • Ratio Close Price By Sq Ft: 104.79
  • Ratio List Price By Acres: 976562.50
  • Ratio List Price By Sq Ft: 103.14
  • Regional Board Code: Buffalo
  • Rent Includes: Garage, Water
  • Roof Description: Asphalt
  • School Tax: 1421
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Village: Blasdell-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 5578
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1212
  • Directions To Property: South Park Ave. to Avon to Marlowe
  • Sq Ft Total Pub: 1212
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan
  • Attic Description: Stair Access
  • Basement Description: Crawl Space
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1212

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1280

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop, Garage, Shared

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Radiant, Wall Furnace
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 144801-151-700-0002-005-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3815

MLS Schools

  • Elementary School Name: Blasdell Elementary
  • High School Name: Frontier Senior High
  • Middle School Name: Frontier Middle
  • School District Name: Frontier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 8, 2021
Sold by
Rooney John K and Rooney Moira Morgan
Bought by
Perkins Zachary Fay
Seller's Agent
Laura Giuseppetti
J Lawrence Realty
Buyer's Agent
Robert Platek
WNY Metro Roberts Realty
List Price
$125,000
Sold Price
$127,000
Premium/Discount to List
$2,000
1.6%
Current Estimated Value
$195,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,565
Avg. Annual Appreciation
10.12%
Original Mortgage
$101,600
Outstanding Balance
$73,345
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$122,220

Purchase Details

Closed on
Jun 3, 1996
Sold by
Steffen Gordon
Bought by
Rooney John K and Morgan Moira
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perkins Zachary Fay $127,000 Chicago Title Insurance Co
Perkins Zachary Fay $127,000 Chicago Title Insurance Co
Perkins Zachary Fay $127,000 Chicago Title Insurance Co
Perkins Zachary Fay $127,000 Chicago Title Insurance Co
Rooney John K $38,500 --
Rooney John K $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Zachary Fay $101,600
Closed Perkins Zachary Fay $101,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $127,000 +1.6% $105 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $125,000 -1.6% $103 / Sq Ft
04/05/2021 04/05/21 Off Market $127,000 -- --
04/01/2021 04/01/21 For Sale $125,000 -- $103 / 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 $4,201 $48,000 $3,800 $44,200
2023 $4,101 $48,000 $3,800 $44,200
2022 $3,948 $48,000 $3,800 $44,200
2021 $2,873 $48,000 $3,800 $44,200
2020 $3,440 $48,000 $3,800 $44,200
2019 $3,529 $48,000 $3,800 $44,200
2018 $3,700 $48,000 $3,800 $44,200
2017 $1,289 $48,000 $3,800 $44,200
2016 $3,553 $48,000 $3,800 $44,200
2015 -- $48,000 $3,800 $44,200
2014 -- $48,000 $3,800 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1327271

Western New York Real Estate Information Services (WNYREIS)

APN: 144801-151-700-0002-005-000