$54,250
SOLD JUN 15, 2017

241 Olmstead Ave Depew, NY 14043

-- Bed
-- Bath
1,460 Sq Ft
3,401 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

6% Above List Price

15 Days on Market

Highlights

  • Full Attic
  • Fenced Yard
  • Baseboard Heating
  • Depew High School Rated A-
  • Tile Flooring

About This Home

As of December 2024

Investors dream. Includes new roof and plenty of storage. Let your imagination run wild with all the opportunities that await you. Check it out today!

Last Agent to Sell the Property

Phillip Greiner

Listing by Prestige Family Realty License #10401258814 Listed on: 11/15/2016

Last Buyer's Agent

Kathleen Holder

Listing by No Office Affiliation License #40HO1091557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 1901

Lot Details

  • 3,401 Sq Ft Lot
  • Lot Dimensions are 113 x 30
  • Fenced Yard

Parking

  • 1 Car Garage

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 145201-104-310-0003-028-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,476

Year Built

Built in 1901

Lot Details

0

Listing Details

  • NY Swis Code: Depew Village-Lancaster-145201
  • Total Assessed Value: 85000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 113
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Transit Road
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 694622.28
  • Ratio Close Price By Sq Ft: 37.16
  • Ratio List Price By Acres: 656209.99
  • Ratio List Price By Sq Ft: 35.10
  • Regional Board Code: Buffalo
  • School Tax: 1825
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Village: Depew-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 3401
  • Age of Building: 121
  • Year Built: 1901
  • Directions To Property: Take Transit Road to Olmstead Ave
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1901

Interior Features

  • Attic Description: Full
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1460

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Fully Fenced Yard
  • Number of Acres: 0.0781

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Depew

Lot Info

  • Parcel Number: 145201-104-310-0003-028-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2476

MLS Schools

  • School District Name: Depew

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
$218,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,909
Avg. Annual Appreciation
9.02%
Original Mortgage
$143,500
Outstanding Balance
$142,382
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$76,527

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
$74,375
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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 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 $74,375 Purchase Money Mortgage
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

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Map

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

MLS Number: B1013686

Western New York Real Estate Information Services (WNYREIS)

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