NOT LISTED FOR SALE

Estimated Value: $411,291

-- Bed
-- Bath
4,698 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $290,000 $62 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,300/month

14 Days on Market

Highlights

  • 0.18 Acre Lot
  • Property is near a bus stop
  • Vinyl Flooring
  • Forced Air Cooling System

About This Home

As of March 2023

Redevelopment opportunity located directly on Hertel Ave in Black Rock. This building was once the home of Zapolis Bar. The building includes the bar area which has been demoed and 3 residential units. Sellers have stamped plans to turn the bar into 2 additional 2 bedroom units. Two out of the 3 residential units have been fully renovated. The bar is not limited to residential construction, would be great for any small business, office space or corner store. Upper units have access to large porch area. First showings on vacant bar area only, 2nd showings for residential units. Also listed as commercial MLS #B1427685

Last Agent to Sell the Property

Ryan Burke

Listing by WNY Metro Roberts Realty License #10301222154 Listed on: 08/16/2022

WNY Metro Roberts Realty

Co-Listed By

Nicholas Giambra

Listing by Iconic Real Estate License #10301221885

Last Buyer's Agent

Michael Schwartz

Listing by Howard Hanna WNY Inc. License #10401323938

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,305

Year Built

  • Built in 1900

Lot Details

  • 7,752 Sq Ft Lot
  • Lot Dimensions are 102 x 76

Parking

  • 1 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 4,698 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Partial Basement

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 8
  • Assessor Parcel Number 140200-077-810-0007-008-000

Community Details

Overview

  • 3 Units
  • Parish Community
  • Parish Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,305

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 140000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 102
  • Lot Dimension Front: 76
  • Lot Information: Near Bus Line, Primary Road
  • Lot Number: 8
  • Nearest Cross Street: Tonawanda St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1629213.48
  • Ratio Close Price By Sq Ft: 61.73
  • Ratio List Price By Acres: 1404494.38
  • Ratio List Price By Sq Ft: 53.21
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities
  • School Tax: 1272
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7752
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Directly on Hertel Ave, between Tonawanda St and Niagara St
  • Sq Ft Total Pub: 4698
  • Subdivision Comm Complex: Parish
  • Attribution Contact: 716-572-2848
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Vinyl-Some
  • Total Sq Ft: 4698

Exterior Features

  • Construction: Vinyl, Wood
  • Number of Acres: 0.1780

Garage/Parking

  • Number of Electric Meters: 4
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Wall Furnace
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-077-810-0007-008-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3305

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Buffalo Revival Holdings Llc
Bought by
Freedom 153 Hurtl
Current Estimated Value
$411,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,375
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 2, 2022
Sold by
Feger Paul J
Bought by
Buffalo Revival Holdings Llc

Purchase Details

Closed on
Dec 8, 2015
Sold by
Rzepa Edward and Estate Of Michael J Rzepa
Bought by
Feger Paul

Purchase Details

Closed on
Apr 8, 2005
Sold by
Stenman Paul W
Bought by
Rzepa Michael J

Purchase Details

Closed on
Sep 6, 1996
Sold by
Stenman Paul W and Stenman Dorothy
Bought by
Stenman Paul W
Source: Public Records

Range of Values:

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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
Freedom 153 Hurtl $290,000 Stewart Title Insurance Co
Buffalo Revival Holdings Llc $160,000 Chicago Title Company
Feger Paul $69,000 None Available
Rzepa Michael J $56,000 --
Stenman Paul W $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freedom 153 Hurtl $315,375
Previous Owner Rzepa Michael J $54,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $290,000 +16.0% $62 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $250,000 -- $53 / 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 $709 $140,000 $7,400 $132,600
2023 $709 $140,000 $7,400 $132,600
2022 $704 $140,000 $7,400 $132,600
2021 $704 $140,000 $7,400 $132,600
2020 $431 $140,000 $7,400 $132,600
2019 $2,154 $56,000 $14,800 $41,200
2018 $1,991 $56,000 $14,800 $41,200
2017 $333 $56,000 $14,800 $41,200
2016 $1,874 $56,000 $14,800 $41,200
2015 -- $56,000 $14,800 $41,200
2014 -- $56,000 $14,800 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1427940

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-077-810-0007-008-000