NOT LISTED FOR SALE

2425 Grand Ave Niagara Falls, NY 14301

Little Italy Neighborhood

Estimated Value: $108,000 - $139,063

4 Beds
2 Baths
1,452 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $72,000 $50 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $867/month

27 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • Full Attic

About This Home

As of September 2021

In the heart of Niagara Falls' "Little Italy" sits this fully occupied 2/2 double which currently grosses $12,000 annually. Surrounded by bus lines and businesses, this is a wonderful place to owner occupy or rent and hold.

Last Agent to Sell the Property

Andrew Scott

Listing by Scott Realty Group LLC License #10401295222 Listed on: 04/22/2021

Last Buyer's Agent

Lynn Shaftic-Averill

Listing by HUNT Real Estate Corporation License #10401261592

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1930

Lot Details

  • 4,375 Sq Ft Lot
  • Lot Dimensions are 125 x 35

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 8
  • Assessor Parcel Number 291100-144-082-0002-008-000

Community Details

Overview

  • 2 Units
  • A Augustus Porter Community
  • A Augustus Porter Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 56100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 35
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 8
  • Nearest Cross Street: 24th Avenue
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 717131.47
  • Ratio Close Price By Sq Ft: 49.59
  • Ratio List Price By Acres: 796812.75
  • Ratio List Price By Sq Ft: 55.10
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4375
  • Ad Headline: A Grand Investment House
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1452
  • Directions To Property: Grand Avenue and Ferry Avenue
  • Sq Ft Total Pub: 1452
  • Subdivision Comm Complex: A Augustus Porter
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 1452

Exterior Features

  • Construction: Vinyl, Wood
  • Number of Acres: 0.1004

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-144-082-0002-008-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Sep 7, 2021
Sold by
Agape Funding Llc
Bought by
Honesty Prop Mgmt & Multiservices Inc
Seller's Agent
Andrew Scott
Scott Realty Group LLC
Buyer's Agent
Lynn Shaftic-Averill
HUNT Real Estate Corporation
List Price
$89,000
Sold Price
$72,000
Premium/Discount to List
-$17,000
-19.1%
Current Estimated Value
$129,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,016
Avg. Annual Appreciation
15.61%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Dec 2, 2014
Sold by
"Dhgf Llc
Bought by
"Agape Funding Llc
Seller's Agent
Len Rinallo
No Office Affiliation
Buyer's Agent
Len Rinallo
No Office Affiliation
List Price
$28,000
Sold Price
$15,000
Premium/Discount to List
-$13,000
-46.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.20%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Dec 1, 2014
Sold by
Dhgf Llc
Bought by
Agape Funding Llc
Seller's Agent
Len Rinallo
No Office Affiliation
Buyer's Agent
Len Rinallo
No Office Affiliation
List Price
$28,000
Sold Price
$15,000
Premium/Discount to List
-$13,000
-46.43%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Nov 26, 2014
Sold by
Kc Erie Niagara "Properties, Llc
Bought by
"Dhgf Llc
Seller's Agent
Len Rinallo
No Office Affiliation
Buyer's Agent
Len Rinallo
No Office Affiliation
List Price
$28,000
Sold Price
$15,000
Premium/Discount to List
-$13,000
-46.43%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Nov 25, 2014
Sold by
Kc Erie Niagara Properties Llc
Bought by
Dhgf Llc
Seller's Agent
Len Rinallo
No Office Affiliation
Buyer's Agent
Len Rinallo
No Office Affiliation
List Price
$28,000
Sold Price
$15,000
Premium/Discount to List
-$13,000
-46.43%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Oct 6, 2014
Sold by
Dipasquale Richard
Bought by
Kc Erie Niagara "Properties, Llc
Seller's Agent
Len Rinallo
No Office Affiliation
Buyer's Agent
Len Rinallo
No Office Affiliation
List Price
$28,000
Sold Price
$15,000
Premium/Discount to List
-$13,000
-46.43%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Oct 1, 2014
Sold by
Dipasquale Richard
Bought by
Kc Erie Niagara Properties Llc
Seller's Agent
Len Rinallo
No Office Affiliation
Buyer's Agent
Len Rinallo
No Office Affiliation
List Price
$28,000
Sold Price
$15,000
Premium/Discount to List
-$13,000
-46.43%
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
Honesty Prop Mgmt & Multiservices Inc $72,000 None Available
"Agape Funding Llc -- N/A
Agape Funding Llc $58,100 None Available
"Dhgf Llc -- Puleo & Puleo
Dhgf Llc $41,500 None Available
Kc Erie Niagara "Properties, Llc -- Puleo & Puleo
Kc Erie Niagara Properties Llc $14,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $72,000 -10.0% $50 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $80,000 -10.1% $55 / Sq Ft
04/22/2021 04/22/21 For Sale $89,000 +493.3% $61 / Sq Ft
10/07/2014 10/07/14 Sold $15,000 -46.4% $10 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $28,000 -- $19 / 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 $2,194 $56,100 $3,600 $52,500
2023 $2,194 $56,100 $3,600 $52,500
2022 $1,641 $56,100 $3,600 $52,500
2021 $1,641 $56,100 $3,600 $52,500
2020 $1,089 $56,100 $3,600 $52,500
2019 $1,045 $56,100 $3,600 $52,500
2018 $1,612 $56,100 $3,600 $52,500
2017 $1,045 $56,100 $3,600 $52,500
2016 $2,086 $56,100 $3,600 $52,500
2015 -- $56,100 $3,600 $52,500
2014 -- $56,100 $3,600 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Andrew Scott

    Seller's Agent in 2021

    Andrew Scott

    Scott Realty Group LLC

    (716) 391-0050

    3 in this area

    161 Total Sales

    Andrew Scott
    Section Image
  • Lynn Shaftic-Averill

    Buyer's Agent in 2021

    Lynn Shaftic-Averill

    Hunt Real Estate

    (716) 628-1004

    6 in this area

    37 Total Sales

    Lynn Shaftic-Averill
    Section Image

  • L

    Seller's Agent in 2014

    Len Rinallo

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1331669

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-144-082-0002-008-000

New York Niagara County Niagara Falls 14301 Little Italy

2425 Grand Ave, Niagara Falls, NY

This home is located at 2425 Grand Ave, Niagara Falls, NY 14301 since 22 April 2021 and is currently estimated at $129,016, approximately $88 per square foot. This property was built in 1930. 2425 Grand Ave is a home located in Niagara County with nearby schools including Niagara Falls High School and St. Joseph Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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