NOT LISTED FOR SALE

Estimated Value: $266,230 - $336,000

4 Beds
2 Baths
2,116 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $262,500 $124 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,155/month

11 Days on Market

Highlights

  • Wood Flooring
  • 3 Fireplaces
  • Balcony
  • Amherst Middle School Rated A
  • Corner Lot
  • Forced Air Cooling System

About This Home

As of October 2022

New on Market! 2 Family home near UB in Amherst. Limited showing times. Offer review is July 27th 6pm. Both units come w/ stove, frig, washer & dryer. New furnaces in 2021', breakers 2018, gutters 2019, tear off roof 2002, hdwd flrs, gas FP in lower (NRTC) porch in upper has new railing system, new sewer line to street, gas/electric is separate, 1 water meter, extra wide lot, re paved driveway too. Room for garage.
House expected to be vacant at closing (60 days). Pick your tenant and your rent price.

Last Agent to Sell the Property

Kathy Anderson

Listing by HUNT Real Estate Corporation License #40AN0477529 Listed on: 07/18/2022

HUNT Real Estate Corporation

Last Buyer's Agent

Joseph Farrauto

Listing by HUNT Real Estate Corporation License #10301211758

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,270

Year Built

  • Built in 1930

Lot Details

  • 7,616 Sq Ft Lot
  • Lot Dimensions are 112 x 68
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,116 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Schools

  • Windermere Blvd Elementary School
  • Amherst Middle School
  • Amherst Central High School

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes water
  • Tax Lot 23
  • Assessor Parcel Number 142289-067-810-0001-023-110

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,270

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Amherst-142289
  • Total Assessed Value: 143000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 68
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • Lot Number: 23
  • Nearest Cross Street: Cambridge / Oxford
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1501716.25
  • Ratio Close Price By Sq Ft: 124.05
  • Ratio List Price By Acres: 1200800.92
  • Ratio List Price By Sq Ft: 99.20
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 3053
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7616
  • Ad Copy: 2 Family Near UB Campus- x wide lot, new furnaces, hdwd flrs, near bus line- Investors dream w/ appliances
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 2116
  • Directions To Property: Cambridge / Oxford to Callodine Ave.
  • Sq Ft Total Pub: 2116
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Not Repto Code: 3
  • Number of Fireplaces Total Calculated: 3
  • Total Sq Ft: 2116

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Balcony, Partially Fenced Yard
  • Number of Acres: 0.1748

Garage/Parking

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

Schools

  • School District: Amherst
  • Elementary School: Windermere Blvd
  • Middle School: Amherst Middle
  • High School: Amherst Central High

Lot Info

  • Parcel Number: 142289-067-810-0001-023-110

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5270

MLS Schools

  • Elementary School Name: Windermere Blvd
  • High School Name: Amherst Central High
  • Middle School Name: Amherst Middle
  • School District Name: Amherst

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Oct 7, 2022
Sold by
Hess John C and Hess Lisa P
Bought by
Ponnaiah Balachandran and Balachandran Kalaivani
Seller's Agent
Kathy Anderson
HUNT Real Estate Corporation
Buyer's Agent
Joseph Farrauto
HUNT Real Estate Corporation
List Price
$209,900
Sold Price
$262,500
Premium/Discount to List
$52,600
25.06%
Total Days on Market
11
Views
28
Current Estimated Value
$302,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,558
Avg. Annual Appreciation
5.46%
Original Mortgage
$210,000
Outstanding Balance
$202,690
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$99,368
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
Ponnaiah Balachandran $262,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponnaiah Balachandran $210,000
Previous Owner Hess John C $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $262,500 +25.1% $124 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $209,900 -- $99 / 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 -- $270,000 $47,000 $223,000
2023 $5,503 $138,454 $20,200 $118,254
2022 $5,179 $138,454 $20,200 $118,254
2021 $5,270 $143,000 $20,200 $122,800
2020 $5,258 $143,000 $20,200 $122,800
2019 $5,177 $143,000 $20,200 $122,800
2018 $5,073 $143,000 $20,200 $122,800
2017 $1,895 $143,000 $20,200 $122,800
2016 $4,378 $112,000 $16,000 $96,000
2015 -- $112,000 $16,000 $96,000
2014 -- $112,000 $16,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1421373

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-067-810-0001-023-110