NOT LISTED FOR SALE

263 E Bank St Albion, NY 14411

Estimated Value: $87,000 - $132,000

3 Beds
2 Baths
1,600 Sq Ft
$70/Sq Ft Est. Value

Last Sold February 05, 2025

Last sale price $30,000 $19 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $831/month

7 Days on Market

Highlights

  • Canal Access
  • Corner Lot
  • Forced Air Heating System
  • Deck
  • Views
  • Wood Siding

About This Home

As of February 2025

Bring your vision to life with this two-unit multi-family property, offering both upper and lower apartments. Situated on a corner lot with a view of the picturesque and historic Erie Canal, this property offers the potential for rental on both units or a home in one unit with an income in the other unit. The property is an estate, in need of rehab and is selling in "as-is" condition. A new water heater was recently installed in 2024. Located near downtown and public transportation. Easy access to the tow path on the canal for your outdoor activites. Don't miss out on the opportunity to transform this property into a great investment.

Last Agent to Sell the Property

Brenda Benjovsky

Listing by Peter Snell REALTORS Brokerage Phone: 585-589-5700 License #10401306718 Listed on: 11/04/2024

Last Buyer's Agent

Jeffrey Echevarria Rivera

Listing by Peter Snell REALTORS License #10401385254

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 57x195
  • Corner Lot
  • Rectangular Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Canal Access
  • Deck

Schools

  • Ronald L Sodoma Elementary School
  • Carl I Bergerson Middle School
  • Charles Damico High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 22
  • Assessor Parcel Number 342001-073-006-0003-022-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0.26 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • Attribution Contact: 585-589-5700
  • Lot Features: Corner Lot, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Water Body Name: Erie Canal
  • Architectural Style: Duplex
  • Flooring: Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Fuses
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2583
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Albion
  • Ninth Grade High School: Charles DAmico High
  • Middle Or Junior School: Carl I Bergerson Middle

Lot Info

  • Parcel Number: 342001-073-006-0003-022-000
  • Lot Dimensions: 57X195
  • Lot Size Sq Ft: 11253.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2526.0
  • Tax Lot: 22

MLS Schools

  • Elementary School: Ronald L Sodoma Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Jan 28, 2025
Sold by
Schmitt Lynn Susan Est and Schmitt
Bought by
Ryam Tabitha
Seller's Agent
Brenda Benjovsky
Peter Snell REALTORS
Buyer's Agent
Jeffrey Echevarria Rivera
Peter Snell REALTORS
List Price
$29,900
Sold Price
$30,000
Premium/Discount to List
$100
0.33%
Views
27
Current Estimated Value
$111,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,247
Avg. Annual Appreciation
240.35%

Purchase Details

Closed on
Apr 16, 2024
Sold by
Gurney John C
Bought by
Schmit Susan L Est

Purchase Details

Closed on
Mar 24, 2011
Sold by
Gurney John
Bought by
Gurney John
Source: Public Records
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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
Ryam Tabitha $30,000 Stewart Title
Schmit Susan L Est $10,000 None Available
Schmit Susan L Est $10,000 None Available
Gurney John -- Nathan Lyman
Gurney John -- Nathan Lyman
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2025 02/05/25 Sold $30,000 +0.3% $19 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $29,900 -- $19 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $3,122 $72,600 $7,300 $65,300
2023 $2,364 $41,400 $7,000 $34,400
2022 $2,188 $41,400 $7,000 $34,400
2021 $2,166 $41,400 $7,000 $34,400
2020 $2,118 $41,400 $7,000 $34,400
2019 $2,077 $41,400 $7,000 $34,400
2018 $2,077 $39,400 $8,400 $31,000
2017 $2,070 $39,400 $8,400 $31,000
2016 $2,064 $39,400 $8,400 $31,000
2015 -- $40,000 $8,400 $31,600
2014 -- $40,000 $8,400 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1575675

Upstate New York Real Estate Information Services (UNYREIS)

APN: 342001-073-006-0003-022-000

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