NOT LISTED FOR SALE

Estimated Value: $347,258

Studio
-- Bath
3,698 Sq Ft
$94/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2016

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

Est. 93% increase in value since last sale

Current estimated payment $2,377 / mo

47 Days on Market

Highlights

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

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 50x104
  • Corner Lot

Home Design

  • Duplex
  • Mixed Use
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3,698 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • No Garage
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • 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 Gas Meters
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,109

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Business Type: Mixed
  • Property Sub Type: Mixed Use
  • Property Type: Residential
  • Rent Includes: Water
  • Lot Features: Corner Lot
  • Directions: -
  • Architectural Style: Duplex
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Range Hood
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage, Paved

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Sweet Home

Lot Info

  • Parcel Number: 142289-067-490-0002-014-000
  • Lot Dimensions: 50X104
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4109.0

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
$347,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,258
Avg. Annual Appreciation
7.15%
Original Mortgage
$70,000
Outstanding Balance
$55,052
Interest Rate
3.46%
Mortgage Type
Commercial
Estimated Equity
$292,206
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
2025 $6,403 $230,000 $23,500 $206,500
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

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