NOT LISTED FOR SALE

20 Arnold Place Buffalo, NY 14218

Estimated Value: $160,827 - $207,000

6 Beds
2 Baths
2,072 Sq Ft
$88/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $25,000 $12 Per Sq Ft

Est. 629% increase in value since last sale

Current estimated payment $1,038/month

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 2 Car Garage
  • Full Attic
  • Property is near bus stop
  • Partially Fenced Property

About This Home

As of January 2018

3/3 double on quiet street. Loads of potential with this one! Smart buyers will see the possibilities for this property. Large units with living room, dining room and eat-in kitchens. 3 bedrooms and 1 bath each. Full basement and attic for lots of storage space. There is a detached 2 car garage and a partially fenced yard. Check this one out today. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Martha Szczygiel

Listing by Howard Hanna WNY Inc. License #40SZ0965471 Listed on: 12/11/2017

Howard Hanna WNY Inc.

Last Buyer's Agent

Jon Huller

Listing by Howard Hanna WNY Inc. License #10401224213

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,720 Sq Ft Lot
  • Lot Dimensions are 118 x 40
  • Partially Fenced Property

Home Design

  • Block Foundation

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Parking

  • 2 Car Garage
  • Driveway

Location

  • Flood Zone Lot
  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 140900-142-700-0004-054-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 67200
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 40
  • Lot Information: Flood Zone, Near Bus Line, Neighborhood Street
  • Lot Number: 54
  • Nearest Cross Street: South Park
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 230627.31
  • Ratio Close Price By Sq Ft: 12.07
  • Ratio List Price By Acres: 155904.06
  • Ratio List Price By Sq Ft: 8.16
  • Regional Board Code: Buffalo
  • School Tax: 936
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4720
  • Age of Building: 110
  • Year Built: 1912
  • Directions To Property: SOUTH PARK TO ARNOLD PL.
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1912

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 2072

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.1084

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete, Garage

Utilities

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

Lot Info

  • Parcel Number: 140900-142-700-0004-054-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3373

MLS Schools

  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
Jan 26, 2018
Sold by
Federal National Mortgage Association
Bought by
Abdo Mohamed
Seller's Agent
Martha Szczygiel
Howard Hanna WNY Inc.
Buyer's Agent
Jon Huller
Howard Hanna WNY Inc.
List Price
$16,900
Sold Price
$25,000
Premium/Discount to List
$8,100
47.93%
Current Estimated Value
$182,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,207
Avg. Annual Appreciation
28.30%

Purchase Details

Closed on
Oct 2, 2017
Sold by
Desiderio Lawrence J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 2004
Sold by
Szarowicz Adrian J and Szarowicz Dennis M
Bought by
Kormanec Michael D and Kormanec Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Kormanec Michael D
Bought by
Ellement Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1996
Sold by
Madden Joseph J and Madden Donna L
Bought by
Kormanec Mciahel D
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
Abdo Mohamed $25,000 --
Federal National Mortgage Association $106,794 None Available
Kormanec Michael D $79,000 --
Ellement Carl $67,000 --
Kormanec Mciahel D $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellement Carl $50,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2018 01/30/18 Sold $25,000 +47.9% $12 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
12/11/2017 12/11/17 For Sale $16,900 -- $8 / 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 $1,025 $76,000 $7,500 $68,500
2023 $1,957 $76,000 $7,500 $68,500
2022 $1,804 $76,000 $7,500 $68,500
2021 $1,820 $76,000 $7,500 $68,500
2020 $752 $76,000 $7,500 $68,500
2019 $3,459 $67,200 $4,800 $62,400
2018 $1,605 $67,200 $4,800 $62,400
2017 $1,295 $67,200 $4,800 $62,400
2016 $1,273 $67,200 $4,800 $62,400
2015 -- $67,200 $4,800 $62,400
2014 -- $67,200 $4,800 $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: B1090635

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-700-0004-054-000