NOT LISTED FOR SALE

Estimated Value: $178,924 - $382,000

5 Beds
2 Baths
3,034 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $127,500 $42 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,361/month

38 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Wood Siding
  • Wood Flooring
  • Rectangular Lot

About This Home

As of February 2022

Check out this 3,034 square foot, 2 unit, upper / lower multi-family home. Located within walking distance to downtown Buffalo, the lower unit is a 2 bedroom, 1 full bath apartment, and the upper unit is a 3 bedroom, 1 full bath apartment. Although the owner has owned this home for a short time, over those 5 years there have been a number of important maintenance updates done. Some of those updates include the rear roof replacement in the last 4 years, the entire exterior of the home painted in the last 3 years and two new hot water tanks this year. The current income is $1,500 per month, however, rents for these two units could be higher, perhaps $1,800 per month or $21,600 annually. Those rents would equate to a 9.55% cap rate. The upper unit does need some work and will only be able to be viewed at the home inspection and / or final inspection. This home is priced to sell.

Last Agent to Sell the Property

Aaron Stanley

Listing by green home revolution LLC License #10491201178 Listed on: 08/11/2021

Last Buyer's Agent

Robert Rusch

Listing by eXp Realty License #10401346916

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1900

Lot Details

  • 4,884 Sq Ft Lot
  • Lot Dimensions are 37x132
  • Rectangular Lot

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 3,034 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • Paved Parking
  • On-Street Parking

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 8
  • Assessor Parcel Number 140200-110-440-0001-008-000

Community Details

Overview

  • 2 Units
  • South Vlg/Black Rock Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,266

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1900
  • Lot Features: Near Public Transit, Rectangular
  • Subdivision Name: South Vlg/Black Rock
  • Directions: From I-190 North Take exit 8 for NY-266/Niagara Street. Continue onto NY-266 N. Turn right onto Niagara Street. Drive 0.1 miles to your destination on your left.
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1121
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Paved, One Space, 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: 140200-110-440-0001-008-000
  • Lot Dimensions: 37X132
  • Lot Size Sq Ft: 4884.0
  • 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: 2

Tax Info

  • Tax Annual Amount: 1266.0
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Dec 22, 2021
Sold by
Ali Anes
Bought by
Haque Muhammad and Begum Habiba
Seller's Agent
Aaron Stanley
green home revolution LLC
Buyer's Agent
Robert Rusch
eXp Realty
List Price
$149,900
Sold Price
$127,500
Premium/Discount to List
-$22,400
-14.94%
Current Estimated Value
$250,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,130
Avg. Annual Appreciation
20.49%

Purchase Details

Listed on
Aug 15, 2016
Closed on
Oct 27, 2017
Sold by
Buffalo Gateway Llc
Bought by
Ali Anes
Seller's Agent
Salvatore Perrello
No Office Affiliation
Buyer's Agent
Salvatore Perrello
No Office Affiliation
List Price
$175,000
Sold Price
$112,000
Premium/Discount to List
-$63,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$84,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2006
Sold by
Schugardt Thomas A and Schugardt Deborah A
Bought by
Bnyca Llc

Purchase Details

Closed on
Nov 29, 2003
Sold by
Schugardt Thomas A
Bought by
Schugardt Thomas A and Schugardt Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,150
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2000
Sold by
Zubin Marvin and Zubin Isabelle F
Bought by
Jackson Kathleen

Purchase Details

Closed on
Oct 1, 1997
Sold by
Perna Francis
Bought by
Schugardt Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Haque Muhammad $130,000 Chicago Title Insurance Co
Haque Muhammad $130,000 Chicago Title Insurance Co
Haque Muhammad $130,000 Chicago Title Insurance Co
Ali Anes $112,000 None Available
Ali Anes $112,000 None Available
Bnyca Llc $50,000 None Available
Schugardt Thomas A -- --
Schugardt Thomas A -- --
Schugardt Thomas A -- --
Jackson Kathleen $59,900 --
Jackson Kathleen $59,900 --
Jackson Kathleen $59,900 --
Schugardt Thomas $18,000 --
Schugardt Thomas $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ali Anes $84,000
Previous Owner Schugardt Thomas A $35,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2022 02/14/22 Sold $127,500 -14.9% $42 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $149,900 +33.8% $49 / Sq Ft
10/30/2017 10/30/17 Sold $112,000 +1.8% $29 / Sq Ft View Prior Sale
04/13/2017 04/13/17 Pending -- -- --
02/10/2017 02/10/17 Price Changed $110,000 -37.1% $29 / Sq Ft
08/15/2016 08/15/16 For Sale $175,000 -- $46 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $678 $121,000 $16,200 $104,800
2023 $629 $121,000 $16,200 $104,800
2022 $608 $121,000 $16,200 $104,800
2021 $608 $121,000 $16,200 $104,800
2020 $385 $121,000 $16,200 $104,800
2019 $1,372 $50,000 $5,800 $44,200
2018 $1,291 $50,000 $5,800 $44,200
2017 $297 $50,000 $5,800 $44,200
2016 $1,217 $50,000 $5,800 $44,200
2015 -- $50,000 $5,800 $44,200
2014 -- $50,000 $5,800 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1359191

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-110-440-0001-008-000