NOT LISTED FOR SALE

2765 Main St Newfane, NY 14108

Estimated Value: $175,000 - $237,000

6 Beds
3 Baths
2,424 Sq Ft
$81/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $68,000 $28 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,381/month

100 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Rectangular Lot
  • Full Attic

About This Home

As of January 2021

Calling all Investors!!! 3 Unit rental located in the Village of Newfane. Good sized units, with separate utilities, and meters. Property offers a double lot, with plenty of parking and space. Tenants have access to two driveways for convenience. Upper unit has access to full attic that can be finished off, or used for storage. Come put your finishing touches on this, and tap into some equity. Tenants on month to month leases. Lower unit is 2bed/1bath, Upper unit 3bed/1bath with attic access, back unit 1Bed/bath. SELLER IS MOTIVATED BRING THE OFFERS

Last Agent to Sell the Property

Jason Castricone

Listing by No Office Affiliation License #10371201369 Listed on: 02/01/2020

Last Buyer's Agent

Jason Castricone

Listing by No Office Affiliation License #10371201369 Listed on: 02/01/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 165 x 82
  • Rectangular Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Attic

  • Full Attic
  • Partially Finished Attic

Parking

  • 2 Car Garage
  • Stone Driveway

Utilities

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

Listing and Financial Details

  • Rent includes hot water, lawn maintenance, snow removal
  • Assessor Parcel Number 292800-038-060-0001-017

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.33 Acres

Listing Details

  • NY Swis Code: Newfane-292800
  • Total Assessed Value: 84846
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 165
  • Lot Dimension Front: 82
  • Lot Information: Commercial Zoning
  • Lot Shape: Rectangular
  • Nearest Cross Street: Hillcrest ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 206060.61
  • Ratio Close Price By Sq Ft: 28.05
  • Ratio List Price By Acres: 287575.76
  • Ratio List Price By Sq Ft: 39.15
  • Regional Board Code: Buffalo
  • Rent Includes: Hot Water, Lawn Maintenance, Snow Removal
  • Roof Description: Asphalt
  • School Tax: 2146
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From Lockport Olcott Road head towards the lake, Property will be on the right hand side, next to the Hardware store on Main street in Newfane.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full, Partially Finished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2424

Exterior Features

  • Number of Acres: 0.3300

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 292800-038-060-0001-017

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3862

MLS Schools

  • School District Name: Newfane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2022
Sold by
Castricone R/E & Dev Llc
Bought by
Tucker Services Llc
Current Estimated Value
$195,667

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jan 13, 2021
Sold by
Wagner Denee
Bought by
Catricone Real Estate & Development Llc
Seller's Agent
Jason Castricone
No Office Affiliation
Buyer's Agent
Jason Castricone
No Office Affiliation
List Price
$129,000
Sold Price
$68,000
Premium/Discount to List
-$61,000
-47.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.78%
Original Mortgage
$50,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2020
Sold by
Wagner Gerald J
Bought by
Wagner Denee

Purchase Details

Closed on
Oct 6, 2015
Sold by
Estate Of Robert C Wagner A & K
Bought by
Wagner Denee

Purchase Details

Closed on
Nov 20, 2014
Sold by
Wagner Gerald J
Bought by
Wagner Robert C

Purchase Details

Closed on
Jul 28, 2014
Sold by
Wagner Gerald J
Bought by
Wagner Robert C
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
Tucker Services Llc $45,000 None Listed On Document
Catricone Real Estate & Development Llc $68,000 None Available
Wagner Denee -- None Available
Wagner Denee -- Anthony Parone
Wagner Denee -- Stewart Title
Wagner Robert C -- Anthony D. Parone
Wagner Robert C -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Catricone Real Estate & Development Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Sold $68,000 -28.3% $28 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
04/24/2020 04/24/20 Price Changed $94,900 -12.9% $39 / Sq Ft
03/19/2020 03/19/20 Price Changed $109,000 -8.4% $45 / Sq Ft
02/13/2020 02/13/20 Price Changed $119,000 -7.8% $49 / Sq Ft
02/01/2020 02/01/20 For Sale $129,000 -- $53 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $4,220 $69,100 $10,300 $58,800
2023 $2,051 $69,100 $10,300 $58,800
2022 $3,848 $65,400 $6,600 $58,800
2021 $3,828 $65,400 $6,600 $58,800
2020 $3,371 $65,400 $6,600 $58,800
2019 $3,258 $65,400 $6,600 $58,800
2018 $3,352 $65,400 $6,600 $58,800
2017 $3,258 $65,400 $6,600 $58,800
2016 $3,210 $65,400 $6,600 $58,800
2015 -- $65,400 $6,600 $58,800
2014 -- $65,400 $6,600 $58,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jason Castricone

    No Office Affiliation

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Map

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

MLS Number: B1249169

Western New York Real Estate Information Services (WNYREIS)

APN: 292800-038-060-0001-017-001

New York Niagara County Newfane 14108

2765 Main St, Newfane, NY

Not Listed for Sale

MultiFamily

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