NOT LISTED FOR SALE

253 Olmstead Ave Depew, NY 14043

Estimated Value: $189,000 - $228,000

4 Beds
2 Baths
1,928 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $55,000 $29 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $1,423/month

38 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Woodwork
  • Depew High School Rated A-
  • Thermal Windows
  • Patio

About This Home

As of October 2014

A Terrific Investment property located in the Village of Depew. Easy to rent area with Depew Schools. Family owned for years. Nice open floor plan. Upper apartment has a 12x12 attic off hall which could be finished for a third bedroom. Plus there is a third floor full attic. Some updates done to the apartments. Really nice designed old time natural woodwork, both units have nice wood cupboards in kitchens, some newer windows, 2 car detached garage and a large shed. Immediate Possession! Easy to Show!

Last Agent to Sell the Property

Ann Dunning

Listing by HUNT Real Estate Corporation License #40DU0744579 Listed on: 02/08/2014

HUNT Real Estate Corporation

Last Buyer's Agent

Ann Dunning

Listing by HUNT Real Estate Corporation License #40DU0744579 Listed on: 02/08/2014

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 113 x 60
  • Rectangular Lot

Home Design

  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 1,928 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Electric Cooktop
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Schools

  • Cayuga Heights Elementary School
  • Depew Middle School
  • Depew High School

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes garage, water
  • Assessor Parcel Number 145201-104-310-0003-030-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 113
  • NY Swis Code: Depew Village-Cheektowaga-143003
  • Total Assessed Value: 88000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 113
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 405625.0000
  • List Price per Sq Ft: 33.6618
  • Nearest Cross Street: Warner Road
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 343750.00
  • Ratio Close Price By Sq Ft: 28.53
  • Ratio List Price By Acres: 405625.00
  • Ratio List Price By Sq Ft: 33.66
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Garage, Water
  • School Tax: 1875
  • Sale Price List Price: 0.8474
  • S P Per Acre: 343750.0000
  • S P Per Sq Ft: 28.5300
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 64900.00
  • Village: Depew-Village
  • Year Built Description: Existing
  • Age of Building: 121
  • Year Built: 1901
  • Directions To Property: Olmstead between Transit Road and Warner Road - or take Walden Avenue to Ellicott and left on Olmstead - house on left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1901

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 11
  • Total Sq Ft: 1928

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Patio, Thermal Windows - Some
  • Number of Acres: 0.1600

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some, Wall Furnace
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Depew
  • Elementary School: Cayuga Heights Elementary
  • Middle School: Depew Middle
  • High School: Depew High

Lot Info

  • Parcel Number: 145201-104-310-0003-030-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4095

MLS Schools

  • Elementary School Name: Cayuga Heights Elementary
  • High School Name: Depew High
  • Middle School Name: Depew Middle
  • School District Name: Depew

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2014
Closed on
Oct 1, 2014
Sold by
Dowd Kim
Bought by
Machniak Gary and Machniak Ian D
Seller's Agent
Ann Dunning
HUNT Real Estate Corporation
Buyer's Agent
Ann Dunning
HUNT Real Estate Corporation
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Current Estimated Value
$206,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,310
Avg. Annual Appreciation
12.76%

Purchase Details

Closed on
May 22, 2012
Sold by
Mcleod Donald
Bought by
Dowd Kim

Purchase Details

Closed on
Jun 30, 1999
Sold by
Zak Charles
Bought by
Mcleod Donald A
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
Machniak Gary $55,000 None Available
Dowd Kim $43,900 --
Mcleod Donald A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $55,000 -15.3% $29 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $64,900 -- $34 / 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 -- $90,000 $18,700 $71,300
2023 $3,903 $90,000 $18,700 $71,300
2022 $3,603 $90,000 $18,700 $71,300
2021 $2,560 $90,000 $18,700 $71,300
2020 $3,033 $90,000 $18,700 $71,300
2019 $1,668 $63,700 $11,200 $52,500
2018 $2,748 $63,700 $11,200 $52,500
2017 $1,668 $63,700 $11,200 $52,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B445405

Western New York Real Estate Information Services (WNYREIS)

APN: 145201-104-310-0003-030-000