NOT LISTED FOR SALE

Estimated Value: $102,000 - $181,000

5 Beds
3 Baths
1,766 Sq Ft
$74/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $40,000 $23 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $853/month

69 Days on Market

Highlights

  • Forced Air Cooling System
  • Property is near a bus stop
  • Wall to Wall Carpet

About This Home

As of August 2014

Brick 3 unit with separate electric & two gas meters 1st & 2nd Fl. share 3rd fl separate meter Gas cost $1,196. Water $577 Electric $$13. Can be purchased as part of a lager package. A total of 5 properties 11 units in all. Build your real estate portfolio over night. Long term owner retiring after many profitable years of ownership. Features 2/2/1 bedroom units. Some properties in the package are just outside of the Casino Zone and downtown development. Minutes from one and other make this the ideal investment idea. East side of Hyde Park Blvd.

Last Agent to Sell the Property

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 04/08/2014

Howard Hanna WNY Inc.

Last Buyer's Agent

Paul Hutchins

Listing by No Office Affiliation License #10401233501

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 110 x 60

Parking

  • No Garage

Interior Spaces

  • 1,766 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Linoleum

Location

  • Property is near a bus stop

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 291100-159-044-0001-026-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $4,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,699

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Age: 84
  • Annual Operating Expenses: 4218
  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 37400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line
  • L P Per Acre: 329372.9400
  • List Price per Sq Ft: 28.2559
  • Nearest Cross Street: Royal Avenue
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 266666.67
  • Ratio Close Price By Sq Ft: 22.65
  • Ratio List Price By Acres: 332666.67
  • Ratio List Price By Sq Ft: 28.26
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 720
  • Sale Price List Price: 0.8016
  • S P Per Acre: 266666.6700
  • S P Per Sq Ft: 22.6500
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 49900.00
  • Year Built Description: Existing
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Hyde Park to Royal to 38th or Packard to 38th Street.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 11
  • Total Sq Ft: 1766

Exterior Features

  • Construction: Brick
  • Number of Acres: 0.1500

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

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

Lot Info

  • Parcel Number: 291100-159-044-0001-026-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1699

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
Aug 7, 2014
Sold by
Fusarelli Frank and Fusarelli Geraldine
Bought by
Lebay Nicholas and Mercer Christopher
Seller's Agent
Louis Rizzo
Howard Hanna WNY Inc.
Buyer's Agent
Paul Hutchins
No Office Affiliation
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Current Estimated Value
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,000
Avg. Annual Appreciation
11.11%
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
Lebay Nicholas $40,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2014 08/21/14 Sold $40,000 -19.8% $23 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $49,900 -- $28 / 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 $2,061 $35,400 $3,800 $31,600
2023 $1,723 $35,400 $3,800 $31,600
2022 $1,035 $35,400 $3,800 $31,600
2021 $1,035 $35,400 $3,800 $31,600
2020 $687 $35,400 $3,800 $31,600
2019 $659 $35,400 $3,800 $31,600
2018 $1,017 $35,400 $3,800 $31,600
2017 $659 $35,400 $3,800 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B448861

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-044-0001-026-000