NOT LISTED FOR SALE

263 East Ave North Tonawanda, NY 14120

Estimated Value: $212,000 - $262,028

3 Beds
2 Baths
1,566 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $65,000 $42 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,544/month

21 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Heating System Uses Gas
  • Partial Attic

About This Home

As of November 2018

This cape cod double has a lot of potential with some work. The roof does require some repair. The one bedroom can be perfect for in law suite for an owner occupant. For the investor this can be a great rental to add to your portfolio.

Last Agent to Sell the Property

Ty DiMatteo

Listing by WNY Metro Roberts Realty License #10401286049 Listed on: 10/04/2018

WNY Metro Roberts Realty

Last Buyer's Agent

Christine Greiner

Listing by Howard Hanna WNY Inc. License #40GR0761134

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,537

Year Built

  • Built in 1952

Lot Details

  • 6,480 Sq Ft Lot
  • Lot Dimensions are 108 x 60

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,566 Sq Ft Home
  • 1.7-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes cooking gas, heat, hot water, refuse removal, water
  • Tax Lot 11
  • Assessor Parcel Number 291200-182-037-0002-011-000

Community Details

Overview

  • 2 Units
  • Mile Reserve Community
  • Mile Reserve Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,537

Year Built

Built in 1952

Lot Details

0

Listing Details

  • NY Swis Code: North Tonawanda-City-291200
  • Total Assessed Value: 76600
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Number: 11
  • Nearest Cross Street: Payne Avenue
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 436827.96
  • Ratio Close Price By Sq Ft: 41.51
  • Ratio List Price By Acres: 381048.39
  • Ratio List Price By Sq Ft: 36.21
  • Regional Board Code: Buffalo
  • Rent Includes: Cooking Gas, Heat, Hot Water, Refuse Removal, Water
  • School Tax: 1826
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 6480
  • Age of Building: 70
  • Year Built: 1952
  • Directions To Property: Payne to East
  • Subdivision Comm Complex: Mile Reserve
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1952

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric-Some, Refrigerator
  • Total Sq Ft: 1566

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1488

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 291200-182-037-0002-011-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3537

MLS Schools

  • School District Name: North Tonawanda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2019
Sold by
Schumacher Terry
Bought by
Incorvia Nicole K
Current Estimated Value
$237,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Outstanding Balance
$118,652
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$118,855

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 1, 2018
Sold by
The Bank Of New York
Bought by
Schumacher Terry
Seller's Agent
Ty DiMatteo
WNY Metro Roberts Realty
Buyer's Agent
Christine Greiner
Howard Hanna WNY Inc.
List Price
$56,700
Sold Price
$65,000
Premium/Discount to List
$8,300
14.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%

Purchase Details

Closed on
Dec 22, 2017
Sold by
Gismondi Geffrey
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Jul 8, 2005
Sold by
Bush Eugene
Bought by
Moll Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,264
Interest Rate
5.59%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Incorvia Nicole K $1,380 None Available
Schumacher Terry $65,000 Fidelity National Title Insu
Bank Of New York Mellon $124,000 --
Moll Patricia $76,320 Alfonso Bax
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Incorvia Nicole K $135,500
Previous Owner Moll Patricia $15,264
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $65,000 +14.6% $42 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $56,700 -- $36 / 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 $3,531 $100,000 $15,600 $84,400
2023 $3,443 $100,000 $15,600 $84,400
2022 $3,405 $100,000 $15,600 $84,400
2021 $3,383 $100,000 $15,600 $84,400
2020 $2,844 $100,000 $15,600 $84,400
2019 $2,490 $50,000 $15,600 $34,400
2018 $2,528 $76,600 $15,600 $61,000
2017 $2,490 $76,600 $15,600 $61,000
2016 $2,446 $76,600 $15,600 $61,000
2015 -- $76,600 $15,600 $61,000
2014 -- $76,600 $15,600 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1152776

Western New York Real Estate Information Services (WNYREIS)

APN: 291200-182-037-0002-011-000