NOT LISTED FOR SALE

313 Spruce Ave Niagara Falls, NY 14301

East Side Neighborhood

Estimated Value: $74,000 - $109,999

4 Beds
2 Baths
1,554 Sq Ft
$58/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $35,000 $23 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $652/month

5 Days on Market

Highlights

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

About This Home

As of March 2020

Location just outside of the State Park expansion. Robert Mosses Parkway is being removed in order to expand the State Park. This property is walking distance to the Falls with views of Canada and the Gorge. Ideal location for the popular Air BnB offers off street parking. Tenants are month to month. Originally a single family that was converted into a two unit with a two room apartment on the second floor. Separate utilities. Much potential here with this location to utilize this property to it's fullest potential for the highest returns. Needs some work and the asking price reflects the condition. Fully rented and tenants need 48 Hours notice and sometimes. Can be challenging when trying to coordinate showing times. Great investment opportunity as Downtown Niagara Falls begins to grow.

Last Agent to Sell the Property

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 01/14/2020

Howard Hanna WNY Inc.

Last Buyer's Agent

Joel HusVar

Listing by eXp Realty License #10301222768

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1910

Lot Details

  • 3,250 Sq Ft Lot
  • Lot Dimensions are 130 x 25

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Stone Driveway
  • On-Street Parking

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 4
  • Assessor Parcel Number 291100-144-077-0001-004-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,036

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 22000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 25
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 4
  • Nearest Cross Street: Whirlpool
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 469168.90
  • Ratio Close Price By Sq Ft: 22.52
  • Ratio List Price By Acres: 601876.68
  • Ratio List Price By Sq Ft: 28.89
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 430
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3250
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Main Street (by the former Armory) to Spruce. One way Street runs off Whirlpool Street but Spruce Ave is a one way heading west. You could park in the County court house parking lot is just right behind this house.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1554

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0746

Garage/Parking

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

Utilities

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

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-144-077-0001-004-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1036

MLS Schools

  • School District Name: Niagara Falls

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Dream Vacation Rental Llc $88,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $35,000 -22.0% $23 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $44,900 -- $29 / 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 $1,774 $32,000 $1,200 $30,800
2023 $1,774 $32,000 $1,200 $30,800
2022 $839 $32,000 $1,200 $30,800
2021 $643 $22,000 $1,200 $20,800
2020 $427 $22,000 $1,200 $20,800
2019 $410 $22,000 $1,200 $20,800
2018 $632 $22,000 $1,200 $20,800
2017 $410 $22,000 $1,200 $20,800
2016 $615 $22,000 $1,200 $20,800
2015 -- $22,000 $1,200 $20,800
2014 -- $22,000 $1,200 $20,800
Source: Public Records

Agents Affiliated with this Home

  • Louis Rizzo

    Seller's Agent in 2020

    Louis Rizzo

    Howard Hanna

    (716) 940-7008

    14 in this area

    118 Total Sales

    Louis Rizzo
    Section Image
  • Joel HusVar

    Buyer's Agent in 2020

    Joel HusVar

    eXp Realty

    (716) 380-5811

    69 Total Sales

    Joel HusVar
    Section Image
See All Agents

Map

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

MLS Number: B1245739

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-144-077-0001-004-000

New York Niagara County Niagara Falls 14301 East Side

313 Spruce Ave, Niagara Falls, NY

This home is located at 313 Spruce Ave, Niagara Falls, NY 14301 since 14 January 2020 and is currently estimated at $90,000, approximately $57 per square foot. This property was built in 1910. 313 Spruce Ave is a home located in Niagara County with nearby schools including Niagara Falls High School, St. Joseph Elementary School, and Niagara Catholic High School.

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