NOT LISTED FOR SALE

2487 Sylvan Place Niagara Falls, NY 14304

Estimated Value: $222,000 - $484,855

5 Beds
4 Baths
2,548 Sq Ft
$128/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $209,000 $82 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,590/month

11 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Forced Air Cooling System
  • Edward Town Middle School Rated A-
  • Fenced Yard
  • Ceramic Tile Flooring

About This Home

As of December 2018

This updated 3/2 duplex offers two amazing options! Live in one unit and let the other unit's rent help with your mortgage or add this to your rental portfolio for solid cash flow! Both units have all separate utilities, including water! Separate, partially finished basements and separate enclosed rear family rooms! Three private garages offer numerous options for the owner and tenants! Central air and the fully fenced yard cap this one off perfectly! Buyer responsible for search, survey, transfer tax and any municipal requirements to close. Don't wait! Schedule your private viewing today!

Last Agent to Sell the Property

Ellen Leader

Listing by Keller Williams Realty License #10301205516 Listed on: 10/08/2018

Keller Williams Realty

Last Buyer's Agent

Marcia Krebs

Listing by Keller Williams Realty License #10301222102

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,396

Year Built

  • Built in 1988

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 103 x 175
  • Fenced Yard
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,548 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Schools

  • West Street Elementary School
  • Edward Town Middle School
  • Niagara-Wheatfield Senior High School

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 67
  • Assessor Parcel Number 294000-147-018-0002-067-000

Community Details

Overview

  • 2 Units
  • Village/New Bergholtz Community
  • Village/New Bergholtz Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,396

Year Built

Built in 1988

Lot Details

0

Listing Details

  • NY Swis Code: Wheatfield-294000
  • Total Assessed Value: 157000
  • Gross Annual Income: 26400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 103
  • Lot Dimension Front: 175
  • Lot Information: Corner Lot
  • Lot Number: 67
  • Nearest Cross Street: Luther St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 503493.13
  • Ratio Close Price By Sq Ft: 82.03
  • Ratio List Price By Acres: 529751.87
  • Ratio List Price By Sq Ft: 86.30
  • Regional Board Code: Buffalo
  • School Tax: 4182
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex, Side by Side
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 18083
  • Age of Building: 34
  • Year Built: 1988
  • Directions To Property: Niagara Falls Blvd to Sy Rd to Sylvan Pl. On the corner of Luther St.
  • Subdivision Comm Complex: Village/New Bergholtz
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Sump Pump
  • Basement Description: Full, Partially Finished
  • Floor Description: Ceramic-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Freestanding- Some
  • Number of Fireplaces Not Repto Code: 2
  • Total Sq Ft: 2548

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Fully Fenced Yard, Garage Door Opener
  • Number of Acres: 0.4151

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 4.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Air Conditioning, Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Wheatfield
  • Elementary School: West Street Elementary
  • Middle School: Edward Town Middle
  • High School: Niagara-Wheatfield Senior High

Lot Info

  • Parcel Number: 294000-147-018-0002-067-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 7396

MLS Schools

  • Elementary School Name: West Street Elementary
  • High School Name: Niagara-Wheatfield Senior High
  • Middle School Name: Edward Town Middle
  • School District Name: Niagara Wheatfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 12, 2018
Sold by
Kondaur Capital Corp
Bought by
Magil Jennifer and Stone Matt
Seller's Agent
Ellen Leader
Keller Williams Realty
Buyer's Agent
Marcia Krebs
Keller Williams Realty
List Price
$219,900
Sold Price
$209,000
Premium/Discount to List
-$10,900
-4.96%
Current Estimated Value
$324,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,964
Avg. Annual Appreciation
5.60%
Original Mortgage
$205,214
Outstanding Balance
$182,544
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$117,542

Purchase Details

Closed on
Nov 25, 2017
Sold by
Rodriguez Tina L
Bought by
Evert David

Purchase Details

Closed on
Oct 13, 2015
Sold by
Giangrosso Joseph
Bought by
As Seperate Trustee Of Matawin Kondaur Capita

Purchase Details

Closed on
Sep 12, 1996
Sold by
Dimatteo Gary
Bought by
Giangrosso Joseph
Source: Public Records

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 Buyer Sale Price Title Company
Magil Jennifer $209,000 Partners Abstract Corp
Evert David $126,000 --
As Seperate Trustee Of Matawin Kondaur Capita $214,200 --
Giangrosso Joseph $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magil Jennifer $205,214
Previous Owner Giangrosso Joseph $215,150
Previous Owner Biangrosso Joseph $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2018 12/26/18 Sold $209,000 -5.0% $82 / Sq Ft
10/08/2018 10/08/18 For Sale $219,900 -- $86 / 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 $9,726 $157,000 $12,900 $144,100
2023 $9,726 $157,000 $12,900 $144,100
2022 $9,417 $157,000 $12,900 $144,100
2021 $9,248 $157,000 $12,900 $144,100
2020 $7,727 $157,000 $12,900 $144,100
2019 $7,287 $157,000 $12,900 $144,100
2018 $7,481 $157,000 $12,900 $144,100
2017 $7,287 $157,000 $12,900 $144,100
2016 $7,319 $157,000 $12,900 $144,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1153185

Western New York Real Estate Information Services (WNYREIS)

APN: 294000-147-018-0002-067-000