NOT LISTED FOR SALE

175 Mercer Ave Buffalo, NY 14214

Central Park Neighborhood

Estimated Value: $322,000 - $413,000

6 Beds
2 Baths
2,784 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $302,000 $108 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,996/month

8 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Property is near a bus stop
  • Partial Attic
  • Forced Air Cooling System
  • Electric Fireplace

About This Home

As of June 2022

Welcome to 175 Mercer Ave, Conveniently located near Main st, Hertel, and University at Buffalo South Campus. This almost 2800 sqft  ALL BRICK double is ready for a new owner. The original family has owned the home since it was built in 1959/1960.  Each unit has 3  generous bedrooms with hardwood floors throughout. The lower unit has direct access to 2 car attached garage.     Spacious eat-in kitchens in both units plus formal fining rooms and large living rooms. Full basement with separate laundry hookups.     Both units have tankless hot water & central air conditioning. Full attic with stair access for even more storage space. The rear yard is fully fenced.  Showings start immediately offers are Due Tuesday, April 19th at noon.

Last Agent to Sell the Property

Colleen Collier

Listing by RE/MAX Plus License #10301212798 Listed on: 04/11/2022

RE/MAX Plus

Last Buyer's Agent

Damian O'meally

Listing by Keller Williams Realty WNY License #10401279028

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,619

Year Built

  • Built in 1960

Lot Details

  • 6,842 Sq Ft Lot
  • Lot Dimensions are 104 x 167
  • Fenced Yard
  • Irregular Lot

Home Design

  • Brick Frame
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Electric Fireplace
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 15
  • Assessor Parcel Number 140200-090-220-0003-015-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,619

Year Built

Built in 1960

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 165000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 104
  • Lot Dimension Front: 167
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 15
  • Lot Shape: Irregular
  • Nearest Cross Street: E Amherst
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1922342.46
  • Ratio Close Price By Sq Ft: 108.48
  • Ratio List Price By Acres: 1590706.56
  • Ratio List Price By Sq Ft: 89.76
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 775
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6842
  • Ad Headline: 3/3 ALL Brick Double
  • Age of Building: 62
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 2784
  • Directions To Property: Main st to Mercer or East Amherst St to Manhatten to Mercer.
  • Sq Ft Total Pub: 2784
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Partial, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Freestanding: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 2784

Exterior Features

  • Construction: Brick, Brick and Frame
  • Additional Exterior Features: Fully Fenced Yard, Garage Door Opener
  • Number of Acres: 0.1571

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 140200-090-220-0003-015-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2619

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jun 16, 2022
Sold by
Sweeney Maureen and Sweeney Theresa
Bought by
Johnson Phyllis and Johnson Jerry
Seller's Agent
Colleen Collier
RE/MAX Plus
Buyer's Agent
Damian O'meally
Keller Williams Realty WNY
List Price
$249,900
Sold Price
$302,000
Premium/Discount to List
$52,100
20.85%
Current Estimated Value
$366,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,289
Avg. Annual Appreciation
5.75%
Original Mortgage
$181,200
Outstanding Balance
$172,457
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$195,181
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Phyllis $302,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Phyllis $181,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $302,000 +20.8% $108 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $249,900 -- $90 / 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 $925 $165,000 $34,100 $130,900
2023 $836 $165,000 $34,100 $130,900
2022 $830 $165,000 $34,100 $130,900
2021 $830 $165,000 $34,100 $130,900
2020 $777 $165,000 $34,100 $130,900
2019 $2,771 $101,000 $12,300 $88,700
2018 $2,607 $101,000 $12,300 $88,700
2017 $601 $101,000 $12,300 $88,700
2016 $2,458 $101,000 $12,300 $88,700
2015 -- $101,000 $12,300 $88,700
2014 -- $101,000 $12,300 $88,700
Source: Public Records

Agents Affiliated with this Home

  • Colleen Collier

    Seller's Agent in 2022

    Colleen Collier

    RE/MAX

    (716) 553-7977

    2 in this area

    206 Total Sales

    Colleen Collier
    Section Image
  • Damian O'meally

    Buyer's Agent in 2022

    Damian O'meally

    Keller Williams Realty WNY

    (585) 775-5169

    1 in this area

    246 Total Sales

    Damian O'meally
    Section Image
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Map

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

MLS Number: B1398116

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-090-220-0003-015-000

New York Erie County Buffalo 14214 Central Park

175 Mercer Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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