$205,000
SOLD DEC 30, 2024

241 Olmstead Ave Depew, NY 14043

2 Beds
2 Baths
1,460 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

11% Above List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • 2.5 Car Garage
  • Depew High School Rated A-
  • Baseboard Heating
  • Rectangular Lot

About This Home

As of December 2024

Owner will consider all offers $185,000-$225,000 or more on this 1/1 double in Village of Depew. This traditional old style home, converted to a double, has been well cared for, for over 120 years! The lower unit maintains all character of an older style home w beautiful natural woodwork found thru-out & leaded & stained glass. While the home maintains 1900's charm practical updates have been completed allowing the new owner to move right in! Original & gleaming hardwd flrs greet you coming in from the porch to living rm, the kitchen has newer luxury vinyl tile, w all appliances included. The bedrm & bath also have updated floors. Roof(2013), HWT(2014),newer sump, newer windows, updated pex plumbing, & boiler(2017) have also been done, giving you peace of mind! The upper unit features a spacious layout w one bedrm & bath and has a walk up attic for additional storage. Each unit also has its own electric meters. The back of the house features a patio for outdoor dining & living space & HUGE 2.5 car garage. Great income potential, perfect for an owner occupied looking to add additional income or investor. Showings begin immediately. Offers if any are due Thurs October 17 @10am.

Last Agent to Sell the Property

Joseph Trifilo

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-553-3939 License #40TR0760579 Listed on: 10/09/2024

HUNT Real Estate Corporation

Last Buyer's Agent

Jason Sokody

Listing by Howard Hanna WNY Inc. License #10301212761

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 1901

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x113
  • Rectangular Lot

Parking

  • 2.5 Car Garage

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes electricity, heat, cable TV, water
  • Tax Lot 28
  • Assessor Parcel Number 145201-104-310-0003-028-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,324

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Heat, Cable TV, Water
  • Year Built: 1901
  • Attribution Contact: 716-553-3939
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Transit Rd to Olmstead
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Laminate, Luxury Vinyl, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Acres: 0.08
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Vinyl Siding, Wood Siding, Copper Plumbing, PEX Plumbing
  • Exterior Features: Patio
  • Foundation Details: Poured
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Garage, Paved

Utilities

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

Schools

  • Junior High Dist: Depew

Lot Info

  • Parcel Number: 145201-104-310-0003-028-000
  • Lot Dimensions: 30X113
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4324.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Dec 19, 2024
Sold by
Tobolski Jeffrey J
Bought by
Kellerman Daniel A
Seller's Agent
Joseph Trifilo
HUNT Real Estate Corporation
Buyer's Agent
Jason Sokody
Howard Hanna WNY Inc.
List Price
$185,000
Sold Price
$205,000
Premium/Discount to List
$20,000
10.81%
Views
17
Current Estimated Value
$205,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693
Avg. Annual Appreciation
0.17%
Original Mortgage
$143,500
Outstanding Balance
$143,134
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$62,074

Purchase Details

Listed on
May 8, 2021
Closed on
Jul 21, 2021
Sold by
Lafferty Jon D and Lafferty Miriam R
Bought by
Tobolski Jeffrey J
Seller's Agent
Nancy Reimann
Iconic Real Estate
Buyer's Agent
Matthew Donato
No Office Affiliation
List Price
$189,000
Sold Price
$179,500
Premium/Discount to List
-$9,500
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$174,115
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2016
Sold by
Suntrust Mortgage Inc
Bought by
Lafferty Jon D and Lafferty Miriam R

Purchase Details

Closed on
Jun 30, 2015
Sold by
Dematteo James
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Dec 22, 2003
Sold by
Kassirer Amy L and Lodyga Amy L
Bought by
Wiech Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,750
Interest Rate
5.88%
Mortgage Type
Stand Alone Second
Source: Public Records

Similar Home in Depew, NY

  • 48 Cowing St, Depew, NY 14043

    $249,000

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 48 Cowing St
    • Depew, NY

    Excellent investment and owner occupant opportunity in the Village of Lancaster, NY! Downstairs tenant is month-to-month paying $1600 since November 2023. Upstairs tenant moved out May 17th and was paying $1500 per month. Upstairs is ready to move in. Lancaster school district. Next to Saint Mary’s high school. On a wraparound street so the neighbors are the only traffic. Large backyard porch and

    Victor Bandriwsky HUNT Real Estate Corporation

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $205,000 Chicago Title Insurance Co
Warranty Deed $205,000 Chicago Title Insurance Co
Warranty Deed $179,500 Stewart Title
Warranty Deed $179,500 Stewart Title
Warranty Deed $179,500 Stewart Title
Bargain Sale Deed $48,900 None Available
Bargain Sale Deed $48,900 None Available
Bargain Sale Deed $48,900 None Available
Referees Deed $51,000 Advantage Title
Referees Deed $51,000 Advantage Title
Referees Deed $51,000 Advantage Title
Warranty Deed $87,500 --
Warranty Deed $87,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,500 New Conventional
Closed $143,500 New Conventional
Previous Owner $174,115 New Conventional
Previous Owner $86,782 FHA
Previous Owner $8,750 Stand Alone Second
Previous Owner $74,375 Purchase Money Mortgage
Previous Owner $63,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $205,000 +10.8% $140 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $185,000 +3.1% $127 / Sq Ft
08/16/2021 08/16/21 Sold $179,500 -5.0% $123 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $189,000 +248.4% $129 / Sq Ft
06/15/2017 06/15/17 Sold $54,250 +5.9% $37 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $51,250 -- $35 / 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 -- $103,000 $11,700 $91,300
2023 $4,391 $103,000 $11,700 $91,300
2022 $4,054 $103,000 $11,700 $91,300
2021 $2,871 $103,000 $11,700 $91,300
2020 $4,410 $103,000 $11,700 $91,300
2019 $2,986 $85,000 $5,800 $79,200
2018 $4,352 $85,000 $5,800 $79,200
2017 $1,078 $85,000 $5,800 $79,200
2016 $4,329 $85,000 $5,800 $79,200
2015 -- $85,000 $5,800 $79,200
2014 -- $85,000 $5,800 $79,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1570828

Western New York Real Estate Information Services (WNYREIS)

APN: 145201-104-310-0003-028-000