NOT LISTED FOR SALE

Estimated Value: $397,000 - $1,269,176

6 Beds
3 Baths
4,150 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $750,000 $181 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,107/month

38 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Balcony
  • Parkdale Elementary School Rated A-
  • 1 Fireplace
  • Thermal Windows

About This Home

As of August 2018

Former home of railroad baron Aaron Riley, this property now know as The Graystone has undergone a masterful and complete rehabilitation creating three luxurious “Industrial Chic” rental units. The rebuilding extended from basement to roof incorporating original bricks, timber beams and artfully repurposing salvaged pieces into a design of sleek lines and elegant touches. Winner of the Kitty Turgeon Historical Preservation Award. Each beautiful living space feature private ample parking, individual green space, split air units for heating and air-conditioning, tankless hot water heaters, firewalls between each apartment, separate gas and electric, shared water, extra furnaces in the full basements of the front units, high end appliances and private laundry including washers and dryers.

Last Agent to Sell the Property

Chrissy Hoffman

Listing by Howard Hanna WNY Inc. License #10301217428 Listed on: 05/16/2018

Howard Hanna WNY Inc.

Co-Listed By

Sue Depriest

Listing by Howard Hanna WNY Inc. License #40DE0777955

Last Buyer's Agent

Deborah Kaczka

Listing by HUNT Real Estate Corporation License #30DE0414306

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,121

Year Built

  • Built in 1860

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 198 x 82
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Brick Frame
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • 1 Fireplace
  • Thermal Windows
  • Leaded Glass Windows
  • Wood Flooring
  • Partial Basement

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling Systems
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heat Pump System
  • Radiant Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes furnished, snow removal, water
  • Tax Lot 44
  • Assessor Parcel Number 142401-176-050-0001-044-000

Community Details

Overview

  • 3 Units
  • Holland Land Cos Surv Community
  • Holland Land Cos Surv Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,121

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Accessibility: 32 Inch Doors - some
  • NY Swis Code: East Aurora-Village-142401
  • Total Assessed Value: 187200
  • Foundation Description: Block, Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 198
  • Lot Dimension Front: 82
  • Lot Information: Commercial Zoning, Near Bus Line, Primary Road
  • Lot Number: 44
  • Nearest Cross Street: Main
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2000000.00
  • Ratio Close Price By Sq Ft: 180.72
  • Ratio List Price By Acres: 2266666.67
  • Ratio List Price By Sq Ft: 204.82
  • Regional Board Code: Buffalo
  • Rent Includes: Furnished, Snow Removal, Water
  • School Tax: 7512
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit, Side by Side
  • Type of Sale: Normal
  • Village: East Aurora-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 16335
  • Age of Building: 162
  • Year Built: 1860
  • Directions To Property: Main Street, East Aurora (Route 20a), South on Olean. Building on right. Sign in front. Parking in Rear.
  • Subdivision Comm Complex: Holland Land Cos Surv
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Leaded Glass - some, Natural Woodwork - some, Pex Plumbing- Some
  • Basement Description: Partial
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, In All Apartments, Microwave, Oven/Range Gas-Some, Range Hood-Exhaust Fan, Refrigerator, Washer, Wine Chiller(s)
  • Number of Fireplaces Other: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 4150

Exterior Features

  • Construction: Brick and Frame, Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available, High Speed Internet, Partially Fenced Yard, Patio, Thermal Windows - Some
  • Number of Acres: 0.3750

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Blacktop, Parking Area

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Forced Air, Heat Pump, Multi-Zone, Radiant, Wall A/C Units-Some, Wall Furnace
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Air Conditioning, Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas, Tankless

Schools

  • School District: East Aurora

Lot Info

  • Parcel Number: 142401-176-050-0001-044-000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 15121

MLS Schools

  • School District Name: East Aurora

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Aug 14, 2018
Sold by
Urban Innovations Ii Llc
Bought by
Graystone Of East Aurora Llc
Seller's Agent
Chrissy Hoffman
Howard Hanna WNY Inc.
Buyer's Agent
Deborah Kaczka
HUNT Real Estate Corporation
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Total Days on Market
38
Current Estimated Value
$869,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,392
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Dec 26, 2013
Sold by
Nuwer Donald F and Schmidle Michael
Bought by
Urban Innovations Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Bork Frank E
Bought by
Delia Frank A

Purchase Details

Closed on
Feb 6, 1995
Sold by
Brant Klippert C
Bought by
Bark Frank E and Seivert Larry
Source: Public Records

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Range of Values:

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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
Graystone Of East Aurora Llc $750,000 None Available
Urban Innovations Ii Llc $179,000 None Available
Delia Frank A $221,000 --
Bark Frank E $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Graystone Of East Aurora Llc $430,000
Previous Owner Urban Innovations Ii Llc $440,000
Previous Owner Urban Innovations Ii Llc $60,000
Previous Owner Urban Innovations Ii Llc $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $750,000 -11.8% $181 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $850,000 -- $205 / 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 -- $187,200 $10,000 $177,200
2023 $17,912 $187,200 $10,000 $177,200
2022 $17,713 $187,200 $10,000 $177,200
2021 $13,647 $187,200 $10,000 $177,200
2020 $15,576 $187,200 $10,000 $177,200
2019 $11,080 $187,200 $10,000 $177,200
2018 $15,664 $187,200 $10,000 $177,200
2017 $2,405 $187,200 $10,000 $177,200
2016 $16,591 $187,200 $10,000 $177,200
2015 -- $90,700 $10,000 $80,700
2014 -- $60,700 $10,000 $50,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1118477

Western New York Real Estate Information Services (WNYREIS)

APN: 142401-176-050-0001-044-000