NOT LISTED FOR SALE

2550 Niagara Rd Niagara Falls, NY 14304

Estimated Value: $216,000 - $353,000

3 Beds
2 Baths
1,764 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $170,000 $96 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,858/month

5 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Baseboard Heating
  • Edward Town Middle School Rated A-
  • Ceiling Fan
  • Rectangular Lot

About This Home

As of June 2018

What a great opportunity to own this fantastic 2 unit in Niagara Wheatfield. Move in ready, collect rent to help with your mortgage or perfect in law suite! picturesque setting on a half acre of land. Relax on your spacious front porch or patio. This inviting home has all the creature comforts you need. Beautiful hardwood floors, large living rooms, updated baths and kitchen! Newer roof 2014, New concrete driveway from the front apron all the way to garage! Loads of parking space, Two Newer boilers and hot water tanks, all newer windows. All electric has been updated. Just professionally landscaped for that perfect curb appeal. Backyard is set in a peaceful setting with a stocked pond for viewing! The home is now propane but will be converted back to natural gas before closing.

Last Agent to Sell the Property

SalvatoreSam Palame

Listing by No Office Affiliation License #40PA1006981 Listed on: 04/18/2018

No Office Affiliation

Last Buyer's Agent

Jennifer Grzybek

Listing by EXP Realty License #10401211402

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,088

Year Built

  • Built in 1941

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 160 x 110
  • Rectangular Lot

Home Design

  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,764 Sq Ft Home
  • 1.7-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Patio

Schools

  • Errick Road Elementary School
  • Edward Town Middle School
  • Niagara-Wheatfield Senior High School

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Propane
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 30
  • Assessor Parcel Number 294000-147-015-0001-030-012

Community Details

Overview

  • 2 Units
  • Holland Land Companys Community
  • Holland Land Companys Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,088

Year Built

Built in 1941

Lot Details

0

Listing Details

  • NY Swis Code: Wheatfield-294000
  • Total Assessed Value: 81300
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 160
  • Lot Dimension Front: 110
  • Lot Information: Rural Road
  • Lot Number: 30
  • Lot Shape: Rectangular
  • Nearest Cross Street: Ward
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 420792.08
  • Ratio Close Price By Sq Ft: 96.37
  • Ratio List Price By Acres: 393564.36
  • Ratio List Price By Sq Ft: 90.14
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 2988
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 17600
  • Age of Building: 81
  • Year Built: 1941
  • Directions To Property: Ward Rd to Niagara Rd.
  • Subdivision Comm Complex: Holland Land Companys
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: Dishwasher
  • Total Sq Ft: 1764

Exterior Features

  • Construction: Vinyl, Wood
  • Additional Exterior Features: Cable TV Available, Patio
  • Number of Acres: 0.4040

Garage/Parking

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

Utilities

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

Schools

  • School District: Niagara Wheatfield
  • Elementary School: Errick Road Elementary
  • Middle School: Edward Town Middle
  • High School: Niagara-Wheatfield Senior High

Lot Info

  • Parcel Number: 294000-147-015-0001-030-012

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4088

MLS Schools

  • Elementary School Name: Errick Road 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
Apr 18, 2018
Closed on
Jul 23, 2018
Sold by
Gallo Brenda A
Bought by
Wendt Jacob M and Wendt Gina L
Seller's Agent
SalvatoreSam Palame
No Office Affiliation
Buyer's Agent
Jennifer Grzybek
EXP Realty
List Price
$159,000
Sold Price
$170,000
Premium/Discount to List
$11,000
6.92%
Current Estimated Value
$263,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,102
Avg. Annual Appreciation
6.18%
Original Mortgage
$161,500
Outstanding Balance
$139,964
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$123,138

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 28, 2018
Sold by
Wendt Jacob M
Bought by
Navarro Daniel O
Seller's Agent
SalvatoreSam Palame
No Office Affiliation
Buyer's Agent
Jennifer Grzybek
EXP Realty
List Price
$159,000
Sold Price
$170,000
Premium/Discount to List
$11,000
6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Outstanding Balance
$139,964
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$123,138

Purchase Details

Listed on
Jul 14, 2014
Closed on
Apr 14, 2015
Sold by
Craggs Tod R
Bought by
Wendt Jacob M
Seller's Agent
Cheryl Deal
Deal Realty, Inc.
Buyer's Agent
Kelly Ryan
MJ Peterson Real Estate Inc.
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Sep 7, 2011
Sold by
The County Of Niagara New York
Bought by
Ziehm Rosemarie A

Purchase Details

Closed on
Jul 12, 1994
Sold by
Ziehm David R
Bought by
Ziehm Rosemarie A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wendt Jacob M $230,000 None Available
Navarro Daniel O $170,000 None Available
Wendt Jacob M $125,000 Joseph Gannon
Ziehm Rosemarie A $35,009 None Available
Ziehm Rosemarie A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro Daniel O $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2018 06/29/18 Sold $170,000 +6.9% $96 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $159,000 +27.2% $90 / Sq Ft
04/14/2015 04/14/15 Sold $125,000 -21.8% $71 / Sq Ft View Prior Sale
02/09/2015 02/09/15 Pending -- -- --
07/14/2014 07/14/14 For Sale $159,900 -- $91 / 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 $5,493 $81,300 $13,000 $68,300
2023 $5,493 $81,300 $13,000 $68,300
2022 $5,294 $81,300 $13,000 $68,300
2021 $5,206 $81,300 $13,000 $68,300
2020 $4,378 $81,300 $13,000 $68,300
2019 $4,661 $81,300 $13,000 $68,300
2018 $4,236 $81,300 $13,000 $68,300
2017 $4,661 $81,300 $13,000 $68,300
2016 $4,999 $81,300 $13,000 $68,300
2015 -- $81,300 $13,000 $68,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    SalvatoreSam Palame

    No Office Affiliation

    Section Image
  • Jennifer Grzybek

    Buyer's Agent in 2018

    Jennifer Grzybek

    EXP Realty

    (716) 901-6365

    1 in this area

    85 Total Sales

    Jennifer Grzybek
    Section Image
  • Cheryl Deal

    Seller's Agent in 2015

    Cheryl Deal

    Deal Realty, Inc.

    (716) 940-0548

    5 in this area

    176 Total Sales

    Cheryl Deal
    Section Image
  • Kelly Ryan

    Buyer's Agent in 2015

    Kelly Ryan

    MJ Peterson Real Estate Inc.

    (716) 444-1823

    34 Total Sales

    Kelly Ryan
    Section Image
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Map

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

MLS Number: B1111621

Western New York Real Estate Information Services (WNYREIS)

APN: 294000-147-015-0001-030-012

New York Niagara County Niagara Falls 14304

2550 Niagara Rd, Niagara Falls, NY

This home is located at 2550 Niagara Rd, Niagara Falls, NY 14304 since 18 April 2018 and is currently estimated at $263,102, approximately $149 per square foot. This property was built in 1941. 2550 Niagara Rd is a home located in Niagara County with nearby schools including Edward Town Middle School, Niagara-Wheatfield Senior High School, and Niagara Charter School.

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