NOT LISTED FOR SALE

198 East Ave North Tonawanda, NY 14120

Estimated Value: $160,000 - $213,186

5 Beds
2 Baths
1,760 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $125,000 $71 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,159/month

52 Days on Market

Highlights

  • Forced Air Cooling System
  • Satellite Dish
  • Vinyl Flooring
  • Programmable Thermostat

About This Home

As of August 2022

*Back on Market after FULL BASEMENT WATERPROOFING*

2 Unit DOUBLE LOT - Both Units Occupied with Long Term Tenants. Tenants would like to stay. Current Rents raised to $625/600 - can be adjusted to market. Great Property for 1st Time owner / occupant or 1st Time investor. Can produce INSTANT cash flow! Close to quiet Payne Ave , Payne Park /Memorial Pool. OWNER WILL BE STONING/EXTENDING DRIVEWAY Newer Hotwater Tanks / Newer Furnace / New Main Roof 2018
**Full BASEMENT Waterproofing done by Franks Basement on 1/26/2022 for $7500+ , Full Transferable 25 yr warranty included**

Last Agent to Sell the Property

Thomas Piciulo

Listing by Saperston Real Estate Corp License #10401351492 Listed on: 02/14/2022

Last Buyer's Agent

Thomas Piciulo

Listing by Saperston Real Estate Corp License #10401351492 Listed on: 02/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,472

Year Built

  • Built in 1900

Lot Details

  • 6,480 Sq Ft Lot
  • Lot Dimensions are 108 x 60

Home Design

  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Parking

  • Stone Driveway
  • Shared Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 17
  • Assessor Parcel Number 291200-181-044-0001-017-000

Community Details

Overview

  • 2 Units
  • Mile Reserve Community
  • Mile Reserve Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,472

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: North Tonawanda-City-291200
  • Total Assessed Value: 73900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Number: 17
  • Nearest Cross Street: Gilmore Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 840053.76
  • Ratio Close Price By Sq Ft: 71.02
  • Ratio List Price By Acres: 840053.76
  • Ratio List Price By Sq Ft: 71.02
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1756
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6480
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1760
  • Directions To Property: Turn onto East Ave off of Payne Ave , Proceed towards Oliver - house will be on your right if your facing Oliver
  • Sq Ft Total Pub: 1760
  • Subdivision Comm Complex: Mile Reserve
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry-Common
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some
  • Total Sq Ft: 1760

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Satellite Dish
  • Number of Acres: 0.1488

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Common, Parking Area, Stone/Gravel

Utilities

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

Lot Info

  • Parcel Number: 291200-181-044-0001-017-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3472

MLS Schools

  • School District Name: North Tonawanda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Jul 20, 2022
Sold by
Jeffrey Paul Associates Llc
Bought by
Rivera Marina
Seller's Agent
Thomas Piciulo
Saperston Real Estate Corp
Buyer's Agent
Thomas Piciulo
Saperston Real Estate Corp
List Price
$142,999
Sold Price
$125,000
Premium/Discount to List
-$17,999
-12.59%
Current Estimated Value
$179,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,547
Avg. Annual Appreciation
11.42%
Original Mortgage
$122,735
Outstanding Balance
$117,211
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$62,336

Purchase Details

Closed on
Sep 1, 2005
Sold by
Zaprowski Jeffrey
Bought by
Jeffrey-Paul Associates Llc

Purchase Details

Closed on
Sep 2, 2004
Sold by
Us Dept Of Hud
Bought by
Zaprowski Jeffrey

Purchase Details

Closed on
Jun 4, 2004
Sold by
Principal Residential Mortgage
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 8, 2004
Sold by
Hacker Laird
Bought by
Principal Residential Mortgag

Purchase Details

Closed on
Oct 10, 1997
Sold by
Suitor Alfreda
Bought by
Hacker Laird A
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
Rivera Marina $125,000 None Available
Jeffrey-Paul Associates Llc -- Frank Dee
Zaprowski Jeffrey $23,800 Frank Dec
Secretary Of Hud -- Steven J Baum
Principal Residential Mortgag $59,354 Steven J Baum
Hacker Laird A $53,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Marina $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $125,000 0.0% $71 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $125,000 -12.6% $71 / Sq Ft
02/14/2022 02/14/22 For Sale $142,999 -- $81 / 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 $2,609 $73,900 $15,600 $58,300
2023 $2,544 $73,900 $15,600 $58,300
2022 $2,517 $73,900 $15,600 $58,300
2021 $2,500 $73,900 $15,600 $58,300
2020 $2,448 $73,900 $15,600 $58,300
2019 $1,013 $73,900 $15,600 $58,300
2018 $2,438 $73,900 $15,600 $58,300
2017 $2,402 $73,900 $15,600 $58,300
2016 $2,359 $73,900 $15,600 $58,300
2015 -- $73,900 $15,600 $58,300
2014 -- $73,900 $15,600 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1388769

Western New York Real Estate Information Services (WNYREIS)

APN: 291200-181-044-0001-017-000