NOT LISTED FOR SALE

Estimated Value: $278,000 - $346,000

4 Beds
2 Baths
1,894 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $189,000 $100 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,053/month

10 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 2.5 Car Garage
  • Amherst Middle School Rated A

About This Home

As of November 2018

Hard to find Amherst 2 family in move in condition. Home is almost 2000sqft, vinyl sided with a brand new tear off roof on house and garage. Each unit 2 beds 1 bath with formal living and dining rooms, eat in kitchen, & updated baths. 1st floor has refinished hardwood floors, 2nd floor has carpet. Both furnaces & hot water tanks new in 2018. Each unit rents for $950mo so potential for $1900mo rental income makes this a great addition to any cash flow portfolio or owner occupy 1 unit and live for next to nothing. 2.5 car detached garage. Clean dry basement. Property is located close to UB south campus and many other conveniences. Located in top rated Amherst schools. This is a turn key property so just bring your furniture. Not many 2 family homes for sale in Amherst so Hurry before SOLD!!

Last Agent to Sell the Property

Christopher Williams

Listing by Towne Housing Real Estate License #30WI1033018 Listed on: 08/22/2018

Last Buyer's Agent

Toxey Tribby

Listing by No Office Affiliation License #10401300120

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1940

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 125 x 40

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,894 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dishwasher

Parking

  • 2.5 Car Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Rent includes garage, water
  • Tax Lot 19
  • Assessor Parcel Number 142289-067-790-0007-019-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,836

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Amherst-142289
  • Total Assessed Value: 116000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 19
  • Nearest Cross Street: kenmore
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1646341.46
  • Ratio Close Price By Sq Ft: 99.79
  • Ratio List Price By Acres: 1741289.20
  • Ratio List Price By Sq Ft: 105.54
  • Regional Board Code: Buffalo
  • Rent Includes: Garage, Water
  • School Tax: 2218
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5000
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Kenmore ave to Windermere.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Dishwasher
  • Total Sq Ft: 1894

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1148

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.5000
  • Parking Driveway: Blacktop, Garage

Utilities

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

Lot Info

  • Parcel Number: 142289-067-790-0007-019-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3836

MLS Schools

  • School District Name: Amherst

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 8, 2018
Sold by
Wny Development Inc
Bought by
Hsu Paul T and Tsatsos Theodora
Seller's Agent
Christopher Williams
Towne Housing Real Estate
Buyer's Agent
Toxey Tribby
No Office Affiliation
List Price
$199,900
Sold Price
$189,000
Premium/Discount to List
-$10,900
-5.45%
Current Estimated Value
$304,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,834
Avg. Annual Appreciation
6.92%
Original Mortgage
$141,750
Outstanding Balance
$124,395
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$180,439

Purchase Details

Closed on
Aug 10, 2018
Sold by
Stradtman Claudia E and Bromstead Jeffrey R
Bought by
Wny Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Outstanding Balance
$124,395
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$180,439

Purchase Details

Closed on
Feb 6, 2006
Sold by
Grabowski David N
Bought by
Stradtman Claudia E and Bromstead Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second
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
Hsu Paul T $189,000 Stewart Title Ins Co
Wny Development Inc $109,816 None Available
Stradtman Claudia E $108,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Paul T $141,750
Previous Owner Stradtman Claudia E $23,000
Previous Owner Stradtman Claudia E $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $189,000 -5.5% $100 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $199,900 -- $106 / 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 $5,519 $227,000 $36,000 $191,000
2023 $5,009 $116,000 $14,800 $101,200
2022 $4,391 $116,000 $14,800 $101,200
2021 $4,387 $116,000 $14,800 $101,200
2020 $4,186 $116,000 $14,800 $101,200
2019 $4,059 $116,000 $14,800 $101,200
2018 $3,387 $116,000 $14,800 $101,200
2017 $1,746 $116,000 $14,800 $101,200
2016 $3,657 $113,700 $11,400 $102,300
2015 -- $113,700 $11,400 $102,300
2014 -- $113,700 $11,400 $102,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1143267

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-067-790-0007-019-000