NOT LISTED FOR SALE

2738 Alder Creek Dr S North Tonawanda, NY 14120

Estimated Value: $400,000 - $613,000

-- Bed
-- Bath
3,744 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $271,000 $72 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,458/month

2 Days on Market

Highlights

  • High Speed Internet
  • Edward Town Middle School Rated A-
  • Wall to Wall Carpet

About This Home

As of March 2018

This well-maintained income property in Wheatfield has four apartments (three with two bedrooms, one with one bedroom). The exterior is brick and maintenance-free, and the large parking lot has many spaces. The property has some new flooring, nice kitchens and baths, as well as ample closets and storage. Each unit also has a separate storage area and separate electric meters. A common coin-operated laundry brings in extra income. Niagara-Wheatfield School District. A great investment opportunity!!

Last Agent to Sell the Property

Glenn Aronow

Listing by No Office Affiliation License #10401301654 Listed on: 12/07/2017

No Office Affiliation

Last Buyer's Agent

Beth Sherman

Listing by Serota Real Estate LLC License #10301201402

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,252

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 168 x 90

Home Design

Interior Spaces

  • 3,744 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • 4 Separate Electric Meters

Listing and Financial Details

  • Rent includes hot water
  • Assessor Parcel Number 294000-162-002-0001-058-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,252

Lot Details

0

Listing Details

  • NY Swis Code: Wheatfield-294000
  • Total Assessed Value: 136000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 168
  • Lot Dimension Front: 90
  • Nearest Cross Street: Witmer Rd.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 772299.80
  • Ratio Close Price By Sq Ft: 72.38
  • Ratio List Price By Acres: 783699.06
  • Ratio List Price By Sq Ft: 73.45
  • Regional Board Code: Buffalo
  • Rent Includes: Hot Water
  • School Tax: 3529
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit
  • Type of Sale: Estate
  • Year Built Description: Existing Unknown
  • Lot Sq Ft: 15283
  • Directions To Property: Witmer to Alder Creek
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Interior Features: Laundry-Common
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 3744

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.3509

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Municipal Electric
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Wheatfield

Lot Info

  • Parcel Number: 294000-162-002-0001-058-000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 6252

MLS Schools

  • School District Name: Niagara Wheatfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Mar 21, 2018
Sold by
Paul B Wojtaszek
Bought by
Domagala Joseph M and Domagala Laryssa M
Seller's Agent
Glenn Aronow
No Office Affiliation
Buyer's Agent
Beth Sherman
Serota Real Estate LLC
List Price
$275,000
Sold Price
$271,000
Premium/Discount to List
-$4,000
-1.45%
Current Estimated Value
$497,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,285
Avg. Annual Appreciation
7.86%
Original Mortgage
$216,000
Outstanding Balance
$187,174
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$287,705
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
Domagala Joseph M $271,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domagala Joseph M $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $271,000 -1.5% $72 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $275,000 -- $73 / 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 $8,980 $136,000 $13,100 $122,900
2023 $8,980 $136,000 $13,100 $122,900
2022 $8,662 $136,000 $13,100 $122,900
2021 $8,515 $136,000 $13,100 $122,900
2020 $7,144 $136,000 $13,100 $122,900
2019 $9,574 $136,000 $13,100 $122,900
2018 $6,416 $136,000 $13,100 $122,900
2017 $9,574 $136,000 $13,100 $122,900
2016 $6,245 $136,000 $13,100 $122,900
2015 -- $136,000 $13,100 $122,900
2014 -- $136,000 $13,100 $122,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1090159

Western New York Real Estate Information Services (WNYREIS)

APN: 294000-162-002-0001-058-000