NOT LISTED FOR SALE

Estimated Value: $32,847 - $229,000

6 Beds
2 Baths
2,016 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2019

Last sale price $19,000 $9 Per Sq Ft

Est. 542% increase in value since last sale

Current estimated payment $663 / mo

315 Days on Market

Highlights

  • Property is near public transit
  • Partially Fenced Property
  • Heating System Uses Gas
  • Wood Flooring

About This Home

As of June 2019

Put this duplex back in shape and with estimated rents of 600 a unit you will have a CAP rate of 14%. Substantial interior renovations required restricts this to cash or rehabilitation loan only. Get into the hot Buffalo market at a bargain price. The previous buyer walked away just before closing so quick occupancy possible.

Last Agent to Sell the Property

Scott Akdogen

Listing by No Office Affiliation License #10401221595 Listed on: 06/29/2018

No Office Affiliation

Co-Listed By

Noah Munoz

Listing by Iconic Real Estate License #10401311565

Last Buyer's Agent

Scott Akdogen

Listing by No Office Affiliation License #10401221595 Listed on: 06/29/2018

No Office Affiliation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1890

Lot Details

  • 2,740 Sq Ft Lot
  • Lot Dimensions are 24x113
  • Partially Fenced Property

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Cedar

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Laminate

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 8
  • Assessor Parcel Number 140200-122-510-0002-008-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $872
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$797

Year Built

Built in 1890

Lot Details

2,740 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: KWNY
  • Co List Office Phone: 716-832-3300
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: Off smith st
  • Architectural Style: Duplex
  • Flooring: Hardwood, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Crawl Space
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.0629
  • Waterfront: No
  • Construction Type: Cedar, PEX Plumbing
  • Exterior Features: Fence
  • Foundation Details: Block, Pillar/Post/Pier

Garage/Parking

  • Parking Features: No Driveway, Off Site

Utilities

  • Cooling: Other, See Remarks
  • Heating: Gas, Other, See Remarks
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-122-510-0002-008-000
  • Lot Dimensions: 24X113
  • Lot Size Sq Ft: 2740.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0
  • Annual Operating Expense: 872.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 797.0
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jun 26, 2019
Sold by
Angel Lonnie D
Bought by
Akhter Dilara
Seller's Agent
Scott Akdogen
No Office Affiliation
Buyer's Agent
Scott Akdogen
No Office Affiliation
List Price
$27,500
Sold Price
$19,000
Premium/Discount to List
-$8,500
-30.91%
Current Estimated Value
$121,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,962
Avg. Annual Appreciation
31.08%

Purchase Details

Closed on
Feb 7, 2018
Sold by
Infinity Land Inc
Bought by
Angel Lonnie D

Purchase Details

Closed on
Oct 1, 2017
Sold by
Lbt P Management Co Llc
Bought by
Infinity Land Inc

Purchase Details

Closed on
Nov 6, 1996
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
Akhter Dilara $19,000 None Available
Angel Lonnie D -- None Available
Angel Lonnie D $22,500 --
Infinity Land Inc $15,500 None Available
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $19,000 0.0% $9 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
04/11/2019 04/11/19 Off Market $19,000 -- --
01/21/2019 01/21/19 For Sale $27,500 0.0% $14 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $27,500 -- $14 / 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 $140 $107,000 $6,000 $101,000
2024 $140 $25,000 $2,800 $22,200
2023 $130 $25,000 $2,800 $22,200
2022 $126 $25,000 $2,800 $22,200
2021 $126 $25,000 $2,800 $22,200
2020 $192 $25,000 $2,800 $22,200
2019 $686 $25,000 $2,200 $22,800
2018 $645 $25,000 $2,200 $22,800
2017 $149 $25,000 $2,200 $22,800
2016 $609 $25,000 $2,200 $22,800
2015 -- $25,000 $2,200 $22,800
2014 -- $25,000 $2,200 $22,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1130386

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-122-510-0002-008-000

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