NOT LISTED FOR SALE

Estimated Value: $180,544

-- Bed
-- Bath
2,198 Sq Ft
$82/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $90,000 $41 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,263/month

162 Days on Market

Highlights

  • Corner Lot
  • Forced Air Cooling System
  • Ceiling Fan

About This Home

As of October 2017

Two family or mix use building. Rear residential unit currently rented. Front unit was an office can be residential unit it one chooses. Was previously rented for $800 per month. Vinyl sided good mechanics and roof. 2 car garage near bus route and dense population. Owner prefers to sell with adjacent pizzeria building ML# B1021927.

Last Agent to Sell the Property

Joseph Farrauto

Listing by HUNT Real Estate Corporation License #10301211758 Listed on: 01/22/2017

HUNT Real Estate Corporation

Last Buyer's Agent

Joseph Farrauto

Listing by HUNT Real Estate Corporation License #10301211758 Listed on: 01/22/2017

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1926

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 120 x 60
  • Corner Lot

Home Design

  • Mixed Use
  • Vinyl Construction Material

Interior Spaces

  • 2,198 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 143089-113-080-0003-014-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $7,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,622

Year Built

Built in 1926

Lot Details

0

Listing Details

  • NY Swis Code: Cheektowaga-143089
  • Total Assessed Value: 110000
  • Gross Annual Income: 7800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 60
  • Lot Information: Corner Lot
  • Nearest Cross Street: Como Park Blvd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 544464.61
  • Ratio Close Price By Sq Ft: 40.95
  • Ratio List Price By Acres: 664851.78
  • Ratio List Price By Sq Ft: 50.00
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 1836
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Mixed Use
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7200
  • Age of Building: 96
  • Year Built: 1926
  • Directions To Property: Como Park Blvd to Union.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Additional Interior Features: Ceiling Fan
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Total Sq Ft: 2198

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1653

Garage/Parking

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

Utilities

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

Schools

  • School District: Cheektowaga

Lot Info

  • Parcel Number: 143089-113-080-0003-014-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4622

MLS Schools

  • School District Name: Cheektowaga

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2017
Closed on
Oct 11, 2017
Sold by
Molino Vincent
Bought by
2998 Union Llc
Seller's Agent
Joseph Farrauto
HUNT Real Estate Corporation
Buyer's Agent
Joseph Farrauto
HUNT Real Estate Corporation
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%
Current Estimated Value
$180,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,544
Avg. Annual Appreciation
9.13%
Original Mortgage
$45,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2016
Sold by
Bauer Tracy
Bought by
Molino Vincent
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
2998 Union Llc $90,000 None Available
Molino Vincent $368,336 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 2998 Union Llc $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $90,000 -18.1% $41 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
01/22/2017 01/22/17 For Sale $109,900 -- $50 / 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 -- $110,000 $25,200 $84,800
2023 $3,620 $110,000 $25,200 $84,800
2022 $3,730 $110,000 $25,200 $84,800
2021 $3,870 $110,000 $25,200 $84,800
2020 $4,972 $110,000 $19,800 $90,200
2019 $6,675 $110,000 $19,800 $90,200
2018 $4,732 $110,000 $19,800 $90,200
2017 $4,840 $110,000 $19,800 $90,200
2016 $6,582 $110,000 $19,800 $90,200
2015 -- $110,000 $19,800 $90,200
2014 -- $110,000 $19,800 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1022521

Western New York Real Estate Information Services (WNYREIS)

APN: 143089-113-080-0003-014-000