NOT LISTED FOR SALE

Estimated Value: $249,000 - $319,567

5 Beds
2 Baths
1,776 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $214,000 $120 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,950/month

11 Days on Market

Highlights

  • Wood Flooring
  • Partial Attic
  • Ceiling Fan
  • Amherst Middle School Rated A
  • Property is near a bus stop

About This Home

As of August 2021

Fabulous opportunity to own a meticulously maintained & well cared for 2unit home. Attractive to investors and owner occupiers alike, this property is a must see! Featuring 2 bedrooms, 1 bath up and 2 bedrooms, 1 bath down. Fully applianced kitchen & laundry in the shared basement. Ample parking & 2 car garage. Perfectly situated on a quiet street, steps from UB South Campus, Shops, Restaurants & Freeways. Long term tenants are frequently captured from UB Medical campus. Now is your chance to invest in your future or ADD to your investment portfolio. Showings begin IMMEDIATELY.

Last Agent to Sell the Property

Melissa Liberatore

Listing by Keller Williams Realty Lancaster License #10401271191 Listed on: 06/07/2021

Keller Williams Realty Lancaster

Last Buyer's Agent

Jake Stewart

Listing by No Office Affiliation License #10301221895

No Office Affiliation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 1948

Lot Details

  • 4,368 Sq Ft Lot
  • Lot Dimensions are 112 x 39

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Membrane Roofing
  • Asphalt Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities, snow removal, water
  • Tax Lot 5
  • Assessor Parcel Number 142289-067-800-0002-005-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,305

Year Built

Built in 1948

Lot Details

0

Listing Details

  • NY Swis Code: Amherst-142289
  • Total Assessed Value: 114000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 39
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: Oxford
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2133599.20
  • Ratio Close Price By Sq Ft: 120.50
  • Ratio List Price By Acres: 2092721.83
  • Ratio List Price By Sq Ft: 118.19
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities, Snow Removal, Water
  • Roof Description: Asphalt, Rubber Membrane, Sloped
  • School Tax: 2362
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4368
  • Ad Headline: 2Unit Investment Property
  • Age of Building: 74
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 1776
  • Directions To Property: Main to Callodine or Bailey to Oxford, Oxford to Callodine.
  • Sq Ft Total Pub: 1776
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1948

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Laundry-Common, Sump Pump
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1776

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1003

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Amherst

Lot Info

  • Parcel Number: 142289-067-800-0002-005-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4305

MLS Schools

  • School District Name: Amherst

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 3, 2021
Sold by
Eaton Drew W and Lenichek Janet
Bought by
Mckay Shayne
Seller's Agent
Melissa Liberatore
Keller Williams Realty Lancaster
Buyer's Agent
Jake Stewart
No Office Affiliation
List Price
$219,900
Sold Price
$214,000
Premium/Discount to List
-$5,900
-2.68%
Current Estimated Value
$282,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,892
Avg. Annual Appreciation
6.66%
Original Mortgage
$210,123
Outstanding Balance
$193,374
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$83,811

Purchase Details

Closed on
Nov 15, 2010
Sold by
Schmitt Brian D
Bought by
Eaton Drew W and Lenichek Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.24%
Mortgage Type
New Conventional
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
Mckay Shayne $214,000 Stewart Title Insurance Co
Eaton Drew W $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay Shayne $210,123
Previous Owner Eaton Drew W $67,500
Previous Owner Schmitt Brian D $73,900
Previous Owner Schmitt Brian D $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $214,000 +2.0% $120 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $209,900 -4.5% $118 / Sq Ft
06/07/2021 06/07/21 For Sale $219,900 -- $124 / 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 -- $240,000 $32,000 $208,000
2023 $4,817 $114,000 $12,800 $101,200
2022 $4,475 $114,000 $12,800 $101,200
2021 $4,470 $114,000 $12,800 $101,200
2020 $4,178 $114,000 $12,800 $101,200
2019 $4,123 $114,000 $12,800 $101,200
2018 $4,040 $114,000 $12,800 $101,200
2017 $1,573 $114,000 $12,800 $101,200
2016 $3,758 $92,000 $10,600 $81,400
2015 -- $92,000 $10,600 $81,400
2014 -- $92,000 $10,600 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1342227

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-067-800-0002-005-000