NOT LISTED FOR SALE

340 Reiman St Buffalo, NY 14212

Estimated Value: $135,000 - $220,000

8 Beds
3 Baths
2,200 Sq Ft
$83/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $35,100 $16 Per Sq Ft

Est. 422% increase in value since last sale

Current estimated payment $1,246/month

31 Days on Market

About This Home

As of November 2015

Please contact showing appointment service for access. This 3 unit can be a good money maker. 1 apartment is basically in move in condition. Other 2 needing repairs. Most is to the front unit. Great price. Will not last long.

Last Agent to Sell the Property

Phillip Greiner

Listing by Prestige Family Realty License #10401258814 Listed on: 08/17/2015

Last Buyer's Agent

Rick Lee

Listing by No Office Affiliation License #40LE0767686

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 120 x 30
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Schools

  • John F Kennedy Middle School
  • John F Kennedy Senior High School

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 143001-112-280-0002-026-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 105
  • NY Swis Code: Sloan-Village-143001
  • Total Assessed Value: 69500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 436250.0000
  • List Price per Sq Ft: 15.8636
  • Nearest Cross Street: Lackawanna Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 438750.00
  • Ratio Close Price By Sq Ft: 15.95
  • Ratio List Price By Acres: 436250.00
  • Ratio List Price By Sq Ft: 15.86
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1043
  • Sale Price List Price: 1.0057
  • S P Per Acre: 438750.0000
  • S P Per Sq Ft: 15.9500
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 34900.00
  • Village: Sloan-Village
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: lackawanna to reiman
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Number of Rooms: 13
  • Total Sq Ft: 2200

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.0800

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Cheektowaga-Sloan
  • Middle School: John F Kennedy Middle
  • High School: John F Kennedy Senior High

Lot Info

  • Parcel Number: 143001-112-280-0002-026-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4124

MLS Schools

  • High School Name: John F Kennedy Senior High
  • Middle School Name: John F Kennedy Middle
  • School District Name: Cheektowaga-Sloan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Oct 7, 2015
Sold by
Us Bank Na
Bought by
Overs Darryl and Overs Gary
Seller's Agent
Phillip Greiner
Prestige Family Realty
Buyer's Agent
Rick Lee
No Office Affiliation
List Price
$34,900
Sold Price
$35,100
Premium/Discount to List
$200
0.57%
Current Estimated Value
$183,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,233
Avg. Annual Appreciation
17.40%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Eronini Geroge B
Bought by
Us Bank N A and Citigroup Mortgage Loan Trust Inc

Purchase Details

Closed on
Aug 1, 2005
Sold by
Brackenridge Thomas S
Bought by
Eronini George L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,150
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 26, 1996

Purchase Details

Closed on
Jun 26, 1996

Purchase Details

Closed on
May 30, 1996
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
Overs Darryl $35,100 None Available
Us Bank N A $38,000 None Available
Eronini George L $73,500 None Available
Brackenridge Thomas S -- None Available
-- $43,275 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overs Darryl $65,000
Previous Owner Brackenridge Thomas S $66,150
Previous Owner Brackenridge Thomas S $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $35,100 +0.6% $16 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $34,900 -- $16 / 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 -- $86,000 $8,000 $78,000
2023 $3,057 $86,000 $8,000 $78,000
2022 $2,993 $86,000 $8,000 $78,000
2021 $2,440 $75,000 $8,000 $67,000
2020 $2,746 $50,000 $7,200 $42,800
2019 $3,328 $50,000 $7,200 $42,800
2018 $2,866 $50,000 $7,200 $42,800
2017 $963 $50,000 $7,200 $42,800
2016 $3,050 $50,000 $7,200 $42,800
2015 -- $69,500 $5,000 $64,500
2014 -- $69,500 $5,000 $64,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Phillip Greiner

    Prestige Family Realty

    (716) 322-3175

    10 Total Sales

    Phillip Greiner
    Section Image

  • R

    Buyer's Agent in 2015

    Rick Lee

    No Office Affiliation

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Map

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

MLS Number: B483053

Western New York Real Estate Information Services (WNYREIS)

APN: 143001-112-280-0002-026-000

New York Erie County Buffalo 14212

340 Reiman St, Buffalo, NY

This home is located at 340 Reiman St, Buffalo, NY 14212 since 17 August 2015 and is currently estimated at $183,333, approximately $83 per square foot. This property was built in 1910. 340 Reiman St is a home located in Erie County with nearby schools including Theodore Roosevelt School, Woodrow Wilson Elementary School, and John F Kennedy Middle School.

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