NOT LISTED FOR SALE

Estimated Value: $230,000 - $287,000

5 Beds
2 Baths
2,585 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 21, 2019

Last sale price $155,000 $60 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,439/month

3 Days on Market

Highlights

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

About This Home

As of December 2019

High demand, University Heights area. Perfect for investors. Current rent is $2,400. Possible owner finance. Two units with 4 bedrooms in each.

Last Agent to Sell the Property

Yan Chen

Listing by No Office Affiliation License #40CH1018476 Listed on: 09/07/2019

Last Buyer's Agent

Yan Chen

Listing by No Office Affiliation License #40CH1018476 Listed on: 09/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1910

Lot Details

  • 3,450 Sq Ft Lot
  • Lot Dimensions are 115 x 30

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,585 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes hot water, lawn maintenance
  • Tax Lot 20
  • Assessor Parcel Number 140200-079-550-0001-020-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,728

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Annual Operating Expenses: 3500
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 53000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line
  • Lot Number: 20
  • Nearest Cross Street: Main
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1957070.71
  • Ratio Close Price By Sq Ft: 59.96
  • Ratio List Price By Acres: 2007575.76
  • Ratio List Price By Sq Ft: 61.51
  • Regional Board Code: Buffalo
  • Rent Includes: Hot Water, Lawn Maintenance
  • Roof Description: Shingles
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3450
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Main street to Heath
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Additional Interior Features: Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2585

Exterior Features

  • Construction: Shake Shingle, Vinyl
  • Additional Exterior Features: Patio
  • Number of Acres: 0.0792

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Street

Utilities

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

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-079-550-0001-020-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1728

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2019
Closed on
Dec 20, 2019
Sold by
Chen Yan and Guo Liping
Bought by
Leah Funding Llc
Seller's Agent
Yan Chen
No Office Affiliation
Buyer's Agent
Yan Chen
No Office Affiliation
List Price
$159,000
Sold Price
$155,000
Premium/Discount to List
-$4,000
-2.52%
Current Estimated Value
$253,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,724
Avg. Annual Appreciation
9.11%
Original Mortgage
$124,000
Outstanding Balance
$64,459
Interest Rate
3.6%
Mortgage Type
Seller Take Back
Estimated Equity
$189,234

Purchase Details

Closed on
Aug 28, 2007
Sold by
May Richard B and May Jane M
Bought by
Chen Yan and Guo Liping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Leah Funding Llc $155,000 None Available
Chen Yan $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leah Funding Llc $124,000
Previous Owner Chen Yan $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2019 12/21/19 Sold $155,000 -2.5% $60 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $159,000 -- $62 / 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 $598 $118,000 $9,100 $108,900
2023 $598 $118,000 $9,100 $108,900
2022 $593 $118,000 $9,100 $108,900
2021 $593 $118,000 $9,100 $108,900
2020 $408 $118,000 $9,100 $108,900
2019 $1,454 $53,000 $5,100 $47,900
2018 $1,368 $53,000 $5,100 $47,900
2017 $315 $53,000 $5,100 $47,900
2016 $1,290 $53,000 $5,100 $47,900
2015 -- $53,000 $5,100 $47,900
2014 -- $53,000 $5,100 $47,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1223560

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-550-0001-020-000