NOT LISTED FOR SALE

Estimated Value: $302,755 - $348,000

6 Beds
2 Baths
2,208 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $300,000 $136 Per Sq Ft

Current estimated payment $1,693/month

5 Days on Market

Highlights

  • Forced Air Cooling System
  • Property is near a bus stop
  • Luxury Vinyl Tile Flooring

About This Home

As of October 2023

Welcome to this turn-key 2-family home in the heart of University Heights! Located within walking distance to the prestigious University at Buffalo, this property offers a prime location for both homeowners and investors. Both apartments have been tastefully remodeled, featuring 3 spacious bedrooms and 1 bathroom each, perfect for comfortable living. The building boasts solid mechanics, including central air conditioning in lower, ensuring year-round comfort. A recent brand-new tear-off roof has been installed on both the house and the garage, providing peace of mind . Convenience is key with this property, as it's situated near multiple bus routes and the subway, making commuting a breeze. Whether you're an investor looking for a lucrative opportunity or a homeowner seeking a versatile living space, this University Heights gem has it all. Don't miss out—schedule a viewing today and make this exceptional property yours! The seller has decided to look at any offers monday at 5pm.

Last Agent to Sell the Property

Robert Karp

Listing by Keller Williams Realty WNY Brokerage Phone: 716-553-9963 License #10301218689 Listed on: 08/09/2023

Keller Williams Realty WNY

Last Buyer's Agent

JianHeng Liu

Listing by Keller Williams Realty WNY License #10401361468

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,703

Year Built

  • Built in 1975

Lot Details

  • 3,706 Sq Ft Lot
  • Lot Dimensions are 109 x 34

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Shared 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

  • Tax Lot 44
  • Assessor Parcel Number 140200-079-540-0003-044-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,703

Year Built

Built in 1975

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 97000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 109
  • Lot Dimension Front: 34
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 44
  • Nearest Cross Street: Main
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 3525264.39
  • Ratio Close Price By Sq Ft: 135.87
  • Ratio List Price By Acres: 2584018.80
  • Ratio List Price By Sq Ft: 99.59
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 461
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3706
  • Age of Building: 48
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 2208
  • Directions To Property: Main to W. Winspear
  • Sq Ft Total Pub: 2208
  • Attribution Contact: 716-553-9963
  • EnergyEquipment: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Vinyl-Luxury-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2208

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.0851

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Common

Utilities

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

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-079-540-0003-044-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1703

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Oct 10, 2023
Sold by
Forman Marvin
Bought by
Red Oak Asset Management Llc
Seller's Agent
Robert Karp
Keller Williams Realty WNY
Buyer's Agent
JianHeng Liu
Keller Williams Realty WNY
List Price
$219,900
Sold Price
$300,000
Premium/Discount to List
$80,100
36.43%
Views
123
Current Estimated Value
$299,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$986
Avg. Annual Appreciation
2.84%
Original Mortgage
$225,000
Outstanding Balance
$221,628
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$93,526
Source: Public Records

Range of Values:

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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
Red Oak Asset Management Llc $300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Oak Asset Management Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $300,000 +36.4% $136 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $219,900 -- $100 / 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 $491 $97,000 $10,000 $87,000
2023 $491 $97,000 $10,000 $87,000
2022 $488 $97,000 $10,000 $87,000
2021 $488 $97,000 $10,000 $87,000
2020 $524 $97,000 $10,000 $87,000
2019 $1,868 $68,100 $5,700 $62,400
2018 $1,758 $68,100 $5,700 $62,400
2017 $405 $68,100 $5,700 $62,400
2016 $1,658 $68,100 $5,700 $62,400
2015 -- $68,100 $5,700 $62,400
2014 -- $68,100 $5,700 $62,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1489753

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-540-0003-044-000