NOT LISTED FOR SALE

175 Olmstead Ave Depew, NY 14043

Estimated Value: $230,000 - $270,000

3 Beds
2 Baths
1,980 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $130,814 $66 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,758/month

13 Days on Market

About This Home

As of October 2019

!!! JUST IN TIME FOR THE 4TH OF JULY, "UNCLE SAM" DOES IT AGAIN!!! CHECK OUT THIS ALL BRICK 2 FAMILY HOME WITH A NEWER ARCHITECTURAL ROOF, ENCLOSED FRONT PORCH, FULLY FENCED REAR YARD, AND AN OVER SIZED 2+ CAR GARAGE. EACH UNIT FEATURES A LARGE EAT-IN KITCHEN, LIVING ROOM, AND 2 BEDROOMS. AS AN ADDED BONUS THE BASEMENT IS PARTIALLY FINISHED WITH ANOTHER FULL BATH. THIS HOME IS A STEAL AT THIS PRICE AND WILL NOT LAST IN TODAYS MARKET, SO CALL AND MAKE AN APPOINTMENT.

Last Agent to Sell the Property

Kevin Kelly

Listing by Howard Hanna WNY Inc. License #10401200205 Listed on: 06/26/2019

Howard Hanna WNY Inc.

Last Buyer's Agent

Kevin Kelly

Listing by Howard Hanna WNY Inc. License #10401200205 Listed on: 06/26/2019

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 1952

Lot Details

  • 6,803 Sq Ft Lot
  • Lot Dimensions are 113 x 60

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Listing and Financial Details

  • HUD Owned
  • Rent includes no utilities
  • Tax Lot 11
  • Assessor Parcel Number 145201-104-310-0003-011-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,474

Year Built

Built in 1952

Lot Details

6,803 Sq Ft Lot

Listing Details

  • NY Swis Code: Depew Village-Lancaster-145201
  • Total Assessed Value: 100000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 113
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Number: 11
  • Nearest Cross Street: TRANSIT RD.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 837477.59
  • Ratio Close Price By Sq Ft: 66.07
  • Ratio List Price By Acres: 909090.91
  • Ratio List Price By Sq Ft: 71.72
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 2211
  • Sub Board Code: Buffalo
  • Type of Sale: HUD or Govt Owned
  • Village: Depew-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 6803
  • Age of Building: 70
  • Year Built: 1952
  • Directions To Property: TRANSIT RD TO OLMSTEAD
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1952

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some
  • Total Sq Ft: 1980

Exterior Features

  • Construction: Brick
  • Number of Acres: 0.1562

Garage/Parking

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

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

Lot Info

  • Parcel Number: 145201-104-310-0003-011-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4474

MLS Schools

  • School District Name: Depew

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 21, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Nikel Nicholas
Seller's Agent
Kevin Kelly
Howard Hanna WNY Inc.
Buyer's Agent
Kevin Kelly
Howard Hanna WNY Inc.
List Price
$142,000
Sold Price
$130,814
Premium/Discount to List
-$11,186
-7.88%
Current Estimated Value
$248,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,341
Avg. Annual Appreciation
10.57%
Original Mortgage
$14,500
Outstanding Balance
$12,756
Interest Rate
3.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$235,399

Purchase Details

Closed on
Nov 7, 2017
Sold by
Hsbc Bank Usa Na
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Sep 14, 2017
Sold by
Karam Christopher and Karam Christopher N
Bought by
Hsbc Bank Usa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nikel Nicholas $130,814 None Available
Secretary Of Housing And Urban Dev -- None Available
Hsbc Bank Usa $105,560 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikel Nicholas $14,500
Open Nikel Nicholas $111,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $130,814 -7.9% $66 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $142,000 -- $72 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $5,776 $140,000 $18,700 $121,300
2023 $5,782 $140,000 $18,700 $121,300
2022 $5,335 $140,000 $18,700 $121,300
2021 $3,755 $140,000 $18,700 $121,300
2020 $5,502 $140,000 $18,700 $121,300
2019 $3,449 $100,000 $11,200 $88,800
2018 $5,036 $100,000 $11,200 $88,800
2017 $1,204 $100,000 $11,200 $88,800
2016 $4,834 $100,000 $11,200 $88,800
2015 -- $100,000 $11,200 $88,800
2014 -- $100,000 $11,200 $88,800
Source: Public Records

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Map

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

MLS Number: B1204696

Western New York Real Estate Information Services (WNYREIS)

APN: 145201-104-310-0003-011-000

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