NOT LISTED FOR SALE

2278 Main Stree #C Collins, NY 14034

Collins Neighborhood

Estimated Value: $103,000 - $141,000

4 Beds
2 Baths
1,823 Sq Ft
$66/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $64,000 $35 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $764/month

678 Days on Market

Highlights

  • Barn
  • Woodwork
  • Baseboard Heating
  • Wood Flooring
  • Ceiling Fan
  • Space Heater

About This Home

As of July 2017

Large duplex on main road. Apt.1 has large kitchen and living room with half bath, and sunroom in rear. First floor laundry. Large bedrooms in upper story. Some wood floors, some laminate, and some tile floors. Lot of storage areas and large closets in all. Apartment one has one bedroom, large living room,large kitchen with laundry room. Has a side sunroom. Large story barn with loft,deep for storage.Apt.2 has electric included in rent. All apts have smoke and monoxide detectors. Apts have vanguard heat detectors as well. A great investment property.

Last Listed By

Marilyn Rhow

Listing by No Office Affiliation License #30RH0281557 Listed on: 07/15/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1870

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 198 x 92

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,823 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Ceiling Fan
  • Partial Basement

Kitchen

  • Gas Cooktop
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Shared Driveway

Schools

  • Gowanda Elementary School
  • Gowanda Middle School
  • Gowanda High School

Farming

  • Barn

Utilities

  • Multiple Heating Units
  • Space Heater
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 143689-342-050-0001-027-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,348

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • Age: 145
  • NY Swis Code: Collins-143689
  • Total Assessed Value: 33600
  • Gross Annual Income: 1100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 198
  • Lot Dimension Front: 92
  • Lot Information: Primary Road
  • L P Per Acre: 190357.1400
  • List Price per Sq Ft: 43.8562
  • Nearest Cross Street: ROUTE 62
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 152380.95
  • Ratio Close Price By Sq Ft: 35.11
  • Ratio List Price By Acres: 178571.43
  • Ratio List Price By Sq Ft: 41.14
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: All Utilities
  • School Tax: 699
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 79950.00
  • Year Built Description: Existing
  • Age of Building: 152
  • Year Built: 1870
  • Directions To Property: ROUTE 39 WEST TO COLLINS, ON MAIN STREET JUST PAST THE TRACKS. HOUSE ON RIGHT BEFORE RTE 62. ACCROSS FROM THE POST OFFICE
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Linoleum/Vinyl, Tile-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dryer, Range Hood-Exhaust Fan, Washer
  • Number of Rooms: 13
  • Total Sq Ft: 1823

Exterior Features

  • Construction: Vinyl, Wood
  • Additional Exterior Features: Cable TV Available, Garage Door Opener
  • Number of Acres: 0.4200

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some, Hot Water, Space Heater
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Gas, Heat
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Gowanda
  • Elementary School: Gowanda Elementary
  • Middle School: Gowanda Middle
  • High School: Gowanda High

Lot Info

  • Parcel Number: 143689-342-050-0001-027-0

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1348

MLS Schools

  • Elementary School Name: Gowanda Elementary
  • High School Name: Gowanda High
  • Middle School Name: Gowanda Middle
  • School District Name: Gowanda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jun 18, 2017
Sold by
Korbar Michael D and Korbar Martin J
Bought by
Formwalt Philip W and Formwalt Philip Michale
Seller's Agent
Marilyn Rhow
No Office Affiliation
Buyer's Agent
RUSA Training
Howard Hanna WNY Inc.
List Price
$84,300
Sold Price
$64,000
Premium/Discount to List
-$20,300
-24.08%
Total Days on Market
678
Current Estimated Value
$121,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,148

Purchase Details

Closed on
Feb 10, 2009
Sold by
Gabel Daryl L
Bought by
Korbar Michael D and Korbar Martin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
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
Formwalt Philip W $64,000 None Available
Korbar Michael D $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korbar Michael D $55,000
Previous Owner Gabel Daryl L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $64,000 -14.7% $35 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
11/29/2016 11/29/16 Price Changed $75,000 -11.0% $41 / Sq Ft
07/15/2015 07/15/15 For Sale $84,300 -- $46 / 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 -- $33,600 $3,600 $30,000
2023 $1,114 $33,600 $3,600 $30,000
2022 $1,122 $33,600 $3,600 $30,000
2021 $1,159 $33,600 $3,600 $30,000
2020 $1,096 $33,600 $3,600 $30,000
2019 $777 $33,600 $3,600 $30,000
2018 $1,264 $33,600 $3,600 $30,000
2017 $660 $33,600 $3,600 $30,000
2016 $1,433 $33,600 $3,600 $30,000
2015 -- $33,600 $3,600 $30,000
2014 -- $33,600 $3,600 $30,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marilyn Rhow

    No Office Affiliation

  • R

    Buyer's Agent in 2017

    RUSA Training

    Howard Hanna

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Map

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

MLS Number: B480351

Western New York Real Estate Information Services (WNYREIS)

APN: 143689-342-050-0001-027-000

New York Erie County Collins 14034 Collins

2278 Main Stree #C, Collins, NY

Homes for Sale in Collins, NY

This home is located at 2278 Main Stree #C, Collins, NY 14034 since 15 July 2015 and is currently estimated at $121,148, approximately $66 per square foot. This property was built in 1870. 2278 Main Stree #C is a home located in Erie County with nearby schools including Gowanda Elementary School, Gowanda Middle School, and Gowanda High School.

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