NOT LISTED FOR SALE

172 Rhode Island St Buffalo, NY 14213

West Side Neighborhood

Estimated Value: $261,281

6 Beds
2 Baths
2,080 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $71,000 $34 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,413/month

7 Days on Market

About This Home

As of August 2016

Endless opportunities await at 172 Rhode Island. This house features two rented apartments to long term tenants paying $1125 total. It also has a small commercial space perfect for a corner store or barber shop. Updates over the past several years include new furnaces, new HWTS, new electric, and a new stamped concrete driveway. This is the hottest deal on the west side!

Last Agent to Sell the Property

Ezra Littman

Listing by Red Door Real Estate WNY LLC License #10401275518 Listed on: 05/09/2016

Last Buyer's Agent

Michael Sobotka

Listing by WNY Metro Roberts Realty License #10401266207

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 116 x 30

Parking

  • No Garage

Home Design

  • Duplex
  • Mixed Use
  • Vinyl Construction Material

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 140200-099-580-0003-028-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 106
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 26000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • L P Per Acre: 875000.0000
  • List Price per Sq Ft: 33.6538
  • Nearest Cross Street: West
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 887500.00
  • Ratio Close Price By Sq Ft: 34.13
  • Ratio List Price By Acres: 875000.00
  • Ratio List Price By Sq Ft: 33.65
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 402
  • Sub Board Code: Buffalo
  • Type of Residence: Duplex, Mixed Use
  • Type of Sale: Normal
  • Value Range Search Low Price: 70000.00
  • Year Built Description: Existing
  • Age of Building: 113
  • Year Built: 1910
  • Directions To Property: Fargo to Rhode Island
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2080

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0800

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Concrete - Stamped

Utilities

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

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-099-580-0003-028-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 944

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Little Wheel Holdings Llc
Bought by
Sims Ryan M
Current Estimated Value
$261,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,622
Outstanding Balance
$207,099
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$9,806

Purchase Details

Closed on
May 7, 2019
Sold by
Rag Realty Properties Llc
Bought by
Little Wheel Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
May 9, 2016
Closed on
Aug 18, 2016
Sold by
Ae Burffalo Properties Llc
Bought by
Rag Realty Properties Llc
Seller's Agent
Ezra Littman
Red Door Real Estate WNY LLC
Buyer's Agent
Michael Sobotka
WNY Metro Roberts Realty
List Price
$70,000
Sold Price
$71,000
Premium/Discount to List
$1,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Original Mortgage
$56,800
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2016
Sold by
Orion Property Management Llc
Bought by
Ae Buffalo Properties Llc

Purchase Details

Listed on
Sep 12, 2014
Closed on
Feb 18, 2015
Sold by
Dallos Joseph P
Bought by
Orion Property Management Llc
Seller's Agent
Joseph Dallos
No Office Affiliation
Buyer's Agent
John Walsh
No Office Affiliation
List Price
$69,900
Sold Price
$42,500
Premium/Discount to List
-$27,400
-39.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$27,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 1999
Sold by
Galante Pietro
Bought by
Dallos Joseph P

Purchase Details

Closed on
Mar 23, 1999
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sims Ryan M $230,000 None Available
Sims Ryan M $230,000 None Available
Sims Ryan M $230,000 None Available
Little Wheel Holdings Llc $86,000 None Available
Little Wheel Holdings Llc $86,000 None Available
Little Wheel Holdings Llc $86,000 None Available
Rag Realty Properties Llc $71,000 None Available
Rag Realty Properties Llc $71,000 None Available
Rag Realty Properties Llc $71,000 None Available
Ae Buffalo Properties Llc $36,000 None Available
Ae Buffalo Properties Llc $36,000 None Available
Ae Buffalo Properties Llc $36,000 None Available
Orion Property Management Llc $42,500 None Available
Orion Property Management Llc $42,500 None Available
Orion Property Management Llc $42,500 None Available
Dallos Joseph P $19,000 --
Dallos Joseph P $19,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Ryan M $210,622
Closed Sims Ryan M $210,622
Previous Owner Little Wheel Holdings Llc $120,800
Previous Owner Little Wheel Holdings Llc $120,800
Previous Owner Rag Realty Properties Llc $56,800
Previous Owner Orion Property Management Llc $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $71,000 +1.4% $34 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $70,000 +64.7% $34 / Sq Ft
02/18/2015 02/18/15 Sold $42,500 -39.2% $20 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $69,900 -- $34 / 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 $329 $156,000 $15,000 $141,000
2023 $329 $65,000 $15,000 $50,000
2022 $327 $65,000 $15,000 $50,000
2021 $327 $65,000 $15,000 $50,000
2020 $200 $65,000 $15,000 $50,000
2019 $713 $26,000 $4,700 $21,300
2018 $671 $26,000 $4,700 $21,300
2017 $155 $26,000 $4,700 $21,300
2016 $633 $26,000 $4,700 $21,300
2015 -- $26,000 $4,700 $21,300
2014 -- $26,000 $4,700 $21,300
Source: Public Records

Agents Affiliated with this Home

  • Ezra Littman

    Seller's Agent in 2016

    Ezra Littman

    Red Door Real Estate WNY LLC

    (716) 803-2019

    6 in this area

    107 Total Sales

    Section Image
  • Michael Sobotka

    Buyer's Agent in 2016

    Michael Sobotka

    WNY Metro Roberts Realty

    (716) 380-9292

    4 in this area

    52 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    Joseph Dallos

    No Office Affiliation

  • J

    Buyer's Agent in 2015

    John Walsh

    No Office Affiliation

See All Agents

Map

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

MLS Number: B499185

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-580-0003-028-000

New York Erie County Buffalo 14213 West Side

172 Rhode Island St, Buffalo, NY

This home is located at 172 Rhode Island St, Buffalo, NY 14213 since 09 May 2016 and is currently estimated at $261,281, approximately $125 per square foot. This property was built in 1910. 172 Rhode Island St is a home located in Erie County with nearby schools including Buffalo Creek Academy Charter School.

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