NOT LISTED FOR SALE

Estimated Value: $366,037

Studio
-- Bath
3,698 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $180,000 $49 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,476/month

47 Days on Market

Highlights

  • Corner Lot
  • Forced Air Cooling System
  • Ceramic Tile Flooring

About This Home

As of October 2016

Priced to sell this well maintained 2-unit apartment building with storefront possibilities is an excellent income property. Located close to UB, so easy to rent. Many upgrades include new hot water tanks 2014 & 2016, roof 2011 with double rubber and heating element added in 2016, all new windows-2009, furnace (downstairs) 2010, A/C (downstairs only) 2009, refinished downstairs kitchen 2012, all new lighting fixtures, new exterior doors, new floor upstairs living room, drain tile 2006, electric and water lines 2002. Don't miss this opportunity for a turn-key operation!

Last Agent to Sell the Property

Susan Mecca

Listing by WNY Metro Roberts Realty License #10401232868 Listed on: 06/08/2016

Last Buyer's Agent

Barbara Anne Kivi

Listing by Keller Williams Realty WNY License #30KI0810894

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,109

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 104 x 50
  • Corner Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,698 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 142289-067-490-0002-014-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,109

Lot Details

0

Listing Details

  • NY Swis Code: Amherst-142289
  • Total Assessed Value: 108900
  • Foundation Description: Block
  • Gross Annual Income: 27600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 104
  • Lot Dimension Front: 50
  • Lot Information: Commercial Zoning, Corner Lot
  • L P Per Acre: 1582500.0000
  • List Price per Sq Ft: 51.3520
  • Nearest Cross Street: Rosedale
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1500000.00
  • Ratio Close Price By Sq Ft: 48.67
  • Ratio List Price By Acres: 1582500.00
  • Ratio List Price By Sq Ft: 51.35
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 2298
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Mixed Use
  • Type of Sale: Normal
  • Value Range Search Low Price: 189900.00
  • Year Built Description: Existing
  • Age of Building: 2003
  • Year Built: 19
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 13
  • Total Sq Ft: 3698

Exterior Features

  • Construction: Brick, Vinyl
  • Number of Acres: 0.1200

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Blacktop

Utilities

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

Lot Info

  • Parcel Number: 142289-067-490-0002-014-000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4109

MLS Schools

  • School District Name: Sweet Home

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Oct 12, 2016
Sold by
Tang Seung Fung
Bought by
Lin Chen and Ni Chunzhou
Seller's Agent
Susan Mecca
WNY Metro Roberts Realty
Buyer's Agent
Barbara Anne Kivi
Keller Williams Realty WNY
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$366,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,037
Avg. Annual Appreciation
7.94%
Original Mortgage
$70,000
Outstanding Balance
$55,816
Interest Rate
3.46%
Mortgage Type
Commercial
Estimated Equity
$310,221
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
Lin Chen $180,000 None Available
Lin Chen $180,000 None Available
Lin Chen $180,000 None Available
Lin Chen $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Chen $70,000
Closed Lin Chen $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2016 10/12/16 Sold $180,000 -5.2% $49 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $189,900 -- $51 / 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 $6,403 $230,000 $23,500 $206,500
2023 $7,586 $170,000 $7,500 $162,500
2022 $7,024 $170,000 $7,500 $162,500
2021 $6,806 $170,000 $7,500 $162,500
2020 $7,150 $170,000 $7,500 $162,500
2019 $6,632 $170,000 $7,500 $162,500
2018 $6,511 $170,000 $7,500 $162,500
2017 $2,298 $170,000 $7,500 $162,500
2016 $5,358 $108,900 $30,000 $78,900
2015 -- $108,900 $30,000 $78,900
2014 -- $108,900 $30,000 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B501779

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-067-490-0002-014-000