NOT LISTED FOR SALE

Estimated Value: $238,000 - $281,038

4 Beds
2 Baths
2,543 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $268,500 $106 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,502/month

52 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding
  • Patio
  • Partially Fenced Property

About This Home

As of May 2024

Welcome to 235 Herkimer! This thoughtfully updated two-family home is situated on a quiet one-way street in the Upper West Side. The lower unit, occupied by a reliable month-to-month tenant, ft. 2 BRs, stainless steel appliances, original hardwood floors, decorative fireplace in the dining room, and laundry in the basement. The vacant upper is an ideal owner's unit with a modern open-concept layout and high ceilings, following a complete renovation (2015) that included structural, plumbing, electric, HVAC, and insulation upgrades. This bright, freshly painted unit ft. two spacious bedrooms each with their own closet, in-unit laundry, brand new flooring, a 60-inch vanity and hand-tiled shower. The kitchen ft. a two-tiered island breakfast bar, stone countertops, and ceiling-height cabinetry. Recent updates include a south roof tear-off (2020), new soffits and gutters (2020), and newly paved front walk and steps (2023). Efficiency furnaces (2024 & 2017). Units enjoy separate entrances, basement glass block windows, and fenced backyard with a covered patio. Unfinished 3rd fl holds exciting potential for value addition. OPEN HOUSE — THURS 3/14 5:00 - 7 pm & SAT 3/16 10:00 - 12pm.

Last Agent to Sell the Property

Caitlin Coder

Listing by Schneider Real Estate Services LLC Brokerage Email: caitcoder.realestate@gmail.com License #10401305847 Listed on: 03/11/2024

Last Buyer's Agent

Earl Altheide

Listing by Irish Jones Realty License #10491213272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1870

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 30x120
  • Partially Fenced Property

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2,543 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 31
  • Assessor Parcel Number 140200-099-270-0001-031-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $9,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,994

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1870
  • Attribution Contact: caitcoder.realestate@gmail.com
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Lafayette to Herkimer
  • Architectural Style: Duplex
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.0826
  • Waterfront: No
  • Construction Type: Wood Siding, PEX Plumbing
  • Exterior Features: Fence, Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-099-270-0001-031-000
  • Lot Dimensions: 30X120
  • Lot Size Sq Ft: 3600.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 9900.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 1994.0
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 1, 2024
Sold by
Morton Werner Real Estate Income Fund Lp
Bought by
Vincent Chung And Karla Chung Rev Tr
Seller's Agent
Caitlin Coder
Schneider Real Estate Services LLC
Buyer's Agent
Earl Altheide
Irish Jones Realty
List Price
$270,000
Sold Price
$268,500
Premium/Discount to List
-$1,500
-0.56%
Views
47
Current Estimated Value
$267,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,490
Avg. Annual Appreciation
-0.43%
Original Mortgage
$201,375
Outstanding Balance
$198,690
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$68,320

Purchase Details

Listed on
Mar 21, 2014
Closed on
May 1, 2014
Sold by
Leone Donald J
Bought by
Morton Werner Real Estate Income Fund Lp
Seller's Agent
Dana David
Howard Hanna WNY Inc.
Buyer's Agent
Ryan Walley
No Office Affiliation
List Price
$39,900
Sold Price
$41,000
Premium/Discount to List
$1,100
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%
Source: Public Records

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
Vincent Chung And Karla Chung Rev Tr $268,500 None Available
Vincent Chung And Karla Chung Rev Tr $268,500 None Available
Morton Werner Real Estate Income Fund Lp $41,000 None Available
Morton Werner Real Estate Income Fund Lp $41,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Chung And Karla Chung Rev Tr $201,375
Closed Vincent Chung And Karla Chung Rev Tr $201,375
Previous Owner Morton Werner Real Estate Income Fund Lp $1,175,000
Previous Owner Morton Werner Real Estate Income Fund Lp $258,664
Previous Owner Cardinal Residences Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $268,500 -0.6% $106 / Sq Ft
03/11/2024 03/11/24 For Sale $270,000 +558.5% $106 / Sq Ft
05/13/2014 05/13/14 Sold $41,000 +2.8% $16 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $39,900 -- $16 / 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 $578 $114,000 $5,500 $108,500
2023 $578 $114,000 $5,500 $108,500
2022 $573 $114,000 $5,500 $108,500
2021 $573 $114,000 $5,500 $108,500
2020 $231 $114,000 $5,500 $108,500
2019 $823 $30,000 $4,400 $25,600
2018 $775 $30,000 $4,400 $25,600
2017 $178 $30,000 $4,400 $25,600
2016 $730 $30,000 $4,400 $25,600
2015 -- $30,000 $4,400 $25,600
2014 -- $30,000 $4,400 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1524346

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-270-0001-031-000