NOT LISTED FOR SALE

2494 Michigan Ave Niagara Falls, NY 14305

Little Italy Neighborhood

Estimated Value: $108,000 - $131,912

3 Beds
2 Baths
1,738 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $39,000 $22 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $808/month

16 Days on Market

Highlights

  • Wood Flooring
  • Partial Attic
  • Forced Air Cooling System

About This Home

As of July 2018

This home is located at 2494 Michigan Ave, Niagara Falls, NY 14305 since 16 April 2018 and is currently estimated at $118,728, approximately $68 per square foot. This property was built in 1923. 2494 Michigan Ave is a home located in Niagara County with nearby schools including Niagara Falls High School and St. Joseph Elementary School.

Last Agent to Sell the Property

Pushpa Gunatilake

Listing by Pioneer Star Real Estate Inc. License #10311200587 Listed on: 04/16/2018

Co-Listed By

Sugath Liyanage

Listing by Pioneer Star Real Estate Inc. License #10301217718

Last Buyer's Agent

Pushpa Gunatilake

Listing by Pioneer Star Real Estate Inc. License #10311200587 Listed on: 04/16/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,550 Sq Ft Lot
  • Lot Dimensions are 130 x 35

Parking

  • Driveway

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 291100-144-058-0003-025-000

Community Details

Overview

  • 2 Units
  • Holland Land Company Community
  • Holland Land Company Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 54100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Hyde Park
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 373205.74
  • Ratio Close Price By Sq Ft: 22.44
  • Ratio List Price By Acres: 430622.01
  • Ratio List Price By Sq Ft: 25.89
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 1080
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4550
  • Age of Building: 99
  • Year Built: 1923
  • Directions To Property: Hyde Park to Michigan
  • Subdivision Comm Complex: Holland Land Company
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1738

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1045

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Concrete

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: 291100-144-058-0003-025-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2536

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Tsuei Shang Lin and Arora Shomi
Bought by
Kweb Properties Llc
Current Estimated Value
$118,728

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 15, 2018
Sold by
Capital Group Enterprises Llc
Bought by
Equity Trust Co
Seller's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
Buyer's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
List Price
$45,000
Sold Price
$39,000
Premium/Discount to List
-$6,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Nov 2, 2012
Sold by
Kefford Clive
Bought by
Capital Group Enterprises Llc

Purchase Details

Closed on
Oct 6, 2012
Sold by
Kefford Clive
Bought by
Capital Group Enterprises Llc

Purchase Details

Closed on
Feb 2, 2010
Sold by
State Of New York Mortgage Agency
Bought by
Kevlola Llc

Purchase Details

Closed on
Nov 10, 2009
Sold by
Becker Peter J
Bought by
State Of New York Mortgage Agcy
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
Kweb Properties Llc $75,000 None Listed On Document
Equity Trust Co $39,000 None Available
Capital Group Enterprises Llc $34,500 --
Capital Group Enterprises Llc $34,500 None Available
Kevlola Llc $18,500 None Available
State Of New York Mortgage Agcy $22,000 Steven Baum
State Of New York Mortgage Agency $22,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Powers Jacob $0
Open Reubelt Scott $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $39,000 -13.3% $22 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $45,000 -- $26 / 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 $2,104 $54,100 $3,600 $50,500
2023 $2,104 $54,100 $3,600 $50,500
2022 $1,582 $54,100 $3,600 $50,500
2021 $1,582 $54,100 $3,600 $50,500
2020 $1,050 $54,100 $3,600 $50,500
2019 $1,008 $54,100 $3,600 $50,500
2018 $1,554 $54,100 $3,600 $50,500
2017 $1,008 $54,100 $3,600 $50,500
2016 $1,793 $54,100 $3,600 $50,500
2015 -- $54,100 $3,600 $50,500
2014 -- $54,100 $3,600 $50,500
Source: Public Records

Agents Affiliated with this Home

  • Pushpa Gunatilake

    Seller's Agent in 2018

    Pushpa Gunatilake

    Pioneer Star Real Estate Inc.

    (716) 907-3046

    41 in this area

    383 Total Sales

    Pushpa Gunatilake
    Section Image
  • Sugath Liyanage

    Seller Co-Listing Agent in 2018

    Sugath Liyanage

    Pioneer Star Real Estate Inc.

    (716) 689-7250

    25 in this area

    251 Total Sales

    Sugath Liyanage
    Section Image
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Map

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

MLS Number: B1110967

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-144-058-0003-025-000

New York Niagara County Niagara Falls 14305 Little Italy

2494 Michigan Ave, Niagara Falls, NY

This home is located at 2494 Michigan Ave, Niagara Falls, NY 14305 since 16 April 2018 and is currently estimated at $118,728, approximately $68 per square foot. This property was built in 1923. 2494 Michigan Ave is a home located in Niagara County with nearby schools including Niagara Falls High School and St. Joseph Elementary School.

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