NOT LISTED FOR SALE

340 S Forest Rd Buffalo, NY 14221

South Amherst Neighborhood

Estimated Value: $329,000 - $367,000

4 Beds
2 Baths
1,968 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $88,000 $45 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $2,337/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • Forest Elementary School Rated A

About This Home

As of July 2019

WELL-PRICED 3/1 two-family unit conveniently located near the Interstate and all amenities. Large .46 acre lot, 2-garage and full basement. GREAT OPPORTUNITY to move into the Williamsville School district and have rental income or an in-law apartment. All showings through Showing Time.

Last Agent to Sell the Property

Bruce Biltekoff

Listing by Bruce L. Biltekoff License #35BI0898741 Listed on: 05/31/2019

Last Buyer's Agent

Bruce Biltekoff

Listing by Bruce L. Biltekoff License #35BI0898741 Listed on: 05/31/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 335 x 59

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

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

  • REO, home is currently bank or lender owned
  • Rent includes all utilities
  • Assessor Parcel Number 142289 80.160-1-13.000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Amherst-142289
  • Total Assessed Value: 169000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 335
  • Lot Dimension Front: 59
  • Lot Information: Near Bus Line, Neighborhood Street
  • Nearest Cross Street: Wherle
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 191304.35
  • Ratio Close Price By Sq Ft: 44.72
  • Ratio List Price By Acres: 182391.30
  • Ratio List Price By Sq Ft: 42.63
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities
  • School Tax: 2337
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: Wherle to South Forest
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1968

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.4600

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Garage

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

Lot Info

  • Parcel Number: 142289 80.160-1-13.000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4889

MLS Schools

  • School District Name: Williamsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Jun 20, 2019
Sold by
Hsbc Bank Usa Na
Bought by
Utech Mark
Seller's Agent
Bruce Biltekoff
Bruce L. Biltekoff
Buyer's Agent
Bruce Biltekoff
Bruce L. Biltekoff
List Price
$83,900
Sold Price
$88,000
Premium/Discount to List
$4,100
4.89%
Current Estimated Value
$347,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,969
Avg. Annual Appreciation
24.30%

Purchase Details

Listed on
May 31, 2019
Closed on
May 15, 2019
Sold by
Schulz Christine L
Bought by
Hsbc Bank Usa Na
Seller's Agent
Bruce Biltekoff
Bruce L. Biltekoff
Buyer's Agent
Bruce Biltekoff
Bruce L. Biltekoff
List Price
$83,900
Sold Price
$88,000
Premium/Discount to List
$4,100
4.89%
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
Utech Mark $88,000 Agent For Chicago Ttl Ins Co
Hsbc Bank Usa Na $205,265 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $88,000 +4.9% $45 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $83,900 -- $43 / 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 $6,183 $275,000 $73,500 $201,500
2023 $6,106 $169,000 $38,100 $130,900
2022 $5,511 $169,000 $38,100 $130,900
2021 $5,407 $169,000 $38,100 $130,900
2020 $5,209 $169,000 $38,100 $130,900
2019 $5,076 $169,000 $38,100 $130,900
2018 $4,986 $169,000 $38,100 $130,900
2017 $2,243 $169,000 $38,100 $130,900
2016 $4,311 $143,200 $25,200 $118,000
2015 -- $143,200 $25,200 $118,000
2014 -- $143,200 $25,200 $118,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bruce Biltekoff

    Bruce L. Biltekoff

    (716) 574-3179

    4 in this area

    125 Total Sales

    Bruce Biltekoff
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Map

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

MLS Number: B1197839

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-080-160-0001-013-000

New York Erie County Buffalo 14221 South Amherst

340 S Forest Rd, Buffalo, NY

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