$252,000 - $479,000
RENTED MAR 27, 2025

2461 Bowen Rd Elma, NY 14059

5 Beds
1 Bath
3,600 Sq Ft
$107 Price per Sq Ft

Last Sold November 15, 2021

Last sale price $340,000 $94 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,595/month

17 Days on Market

Highlights

  • Wood Flooring
  • Skylights
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Woodwork
  • 2 Car Garage

About This Home

As of November 2021

Located in one of Elma's well-known homes, this 2nd floor studio apartment is ready for you! This adorable, approximate 400 sq ft studio has been recently painted and carpeted. Stove, refrigerator and pantry in the kitchen. Monthly rent includes all utilities. Gorgeous, park like yard to read a book under the tree and relax during the warm summer months. The basement offers a common laundry and a locked storage area for your convenience. Includes a dedicated garage space. 4 minutes to Transit Road and the 400 on-ramp, this studio is close to stores, restaurants and just about any kind of business you're looking for. $950/month plus $950 security deposit and a 12-month lease are required prior to move in. Income must be 3 times the rent and credit score should be 650+. Available April 1st. As this is a studio apartment, there is no separate bedroom. No pets. No smoking.

Last Agent to Sell the Property

Patricia Polcyn

Listing by MJ Peterson Real Estate Inc. License #40PO0663459 Listed on: 08/17/2021

MJ Peterson Real Estate Inc.

Last Buyer's Agent

Deb Zych

Listing by Keller Williams Realty WNY License #30ZY0931350

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,470

Year Built

  • Built in 1900

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 160x204
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Skylights
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 41
  • Assessor Parcel Number 144200-137-030-0005-041-000

Community Details

Overview

  • 3 Units
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $2,100
  • Gross Income $4,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,470

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks, Water
  • Year Built: 1900
  • Lot Features: Rectangular
  • Road Frontage Type: Main Thoroughfare
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: Transit to Bullis to South on Bowen.
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Skylights, Natural Woodwork
  • 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
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.7525
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Paved, Parking Available, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Iroquois

Lot Info

  • Parcel Number: 144200-137-030-0005-041-000
  • Lot Dimensions: 160X204
  • Lot Size Sq Ft: 32778.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 2
  • Annual Gross Income: 4800.0
  • Annual Operating Expense: 2100.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5470.0
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Nov 8, 2021
Sold by
Simme Ralph H and Simme Barbara Heckman
Bought by
Miller David S and Lang Joanne
Seller's Agent
Patricia Polcyn
MJ Peterson Real Estate Inc.
Buyer's Agent
Deb Zych
Keller Williams Realty WNY
List Price
$330,000
Sold Price
$340,000
Premium/Discount to List
$10,000
3.03%
Current Estimated Value
$385,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,963
Avg. Annual Appreciation
4.32%
Original Mortgage
$255,000
Outstanding Balance
$236,393
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$161,972
Source: Public Records

Range of Values:

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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
Miller David S $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller David S $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Rented $950 0.0% --
02/21/2025 02/21/25 Under Contract -- -- --
02/14/2025 02/14/25 For Rent $950 +5.6% --
02/22/2023 02/22/23 Rented $900 0.0% --
02/09/2023 02/09/23 Under Contract -- -- --
01/17/2023 01/17/23 For Rent $900 0.0% --
11/15/2021 11/15/21 Sold $340,000 +3.0% $94 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $330,000 -- $92 / 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 -- $9,100 $1,400 $7,700
2023 $5,784 $9,100 $1,400 $7,700
2022 $5,731 $9,100 $1,400 $7,700
2021 $5,618 $9,100 $1,400 $7,700
2020 $5,086 $9,100 $1,400 $7,700
2019 $4,646 $9,100 $1,400 $7,700
2018 $4,980 $9,100 $1,400 $7,700
2017 $1,939 $9,100 $1,400 $7,700
2016 $4,743 $9,100 $1,400 $7,700
2015 -- $9,100 $1,400 $7,700
2014 -- $9,100 $1,400 $7,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1360310

Western New York Real Estate Information Services (WNYREIS)

APN: 144200-137-030-0005-041-000