NOT LISTED FOR SALE

Estimated Value: $164,000 - $311,000

4 Beds
3 Baths
1,800 Sq Ft
$134/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2016

Last sale price $60,000 $33 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $1,305 / mo

16 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Rectangular Lot
  • Wood Flooring
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of January 2016

Great opportunity to own and finish this West side 3 unit. Building consists of a large upper apartment, 2 lower level apartments. Property is separately metered both gas & elect. Large front porch, some vinyl windows, hardwood floors and off street parking increases the rental demand. Renovations have been started but will need to be completed. This property cannot be financed traditionally and requires renovations to become tenable. Easy to show!

Last Agent to Sell the Property

Todd Danni

Listing by Chubb-Aubrey Leonard Real Estate License #10301201083 Listed on: 11/17/2015

Last Buyer's Agent

Mike Maywalt

Listing by Maywalt Realty Group License #37MA1173652

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30x135
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation
  • Vinyl Siding
  • Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Linoleum
  • Vinyl

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 140200-088-760-0001-012-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1925

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1925
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Grant St. to Potomac Ave. to Hoyt St.
  • Architectural Style: Triplex
  • Flooring: Hardwood, Linoleum, Other, See Remarks, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.09
  • Waterfront: No
  • Construction Type: Composite Siding, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Block, Stone

Garage/Parking

  • Parking Features: Concrete, No Garage

Utilities

  • Heating: Gas, Forced Air, Space Heater
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo
  • Ninth Grade High School: Other - See Remarks
  • Middle Or Junior School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-088-760-0001-012-000
  • Lot Dimensions: 30X135
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 1377.0

MLS Schools

  • Elementary School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jan 22, 2016
Sold by
Willoughby Jakob
Bought by
Maywalt Michael and Bargnesi James
Seller's Agent
Todd Danni
Chubb-Aubrey Leonard Real Estate
Buyer's Agent
Mike Maywalt
Maywalt Realty Group
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Current Estimated Value
$240,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,333
Avg. Annual Appreciation
14.50%
Original Mortgage
$100,000
Outstanding Balance
$58,990
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$181,343

Purchase Details

Closed on
Jun 25, 2010
Sold by
Boncore Robert C and Boncore Lillian M
Bought by
Willoughby Jakob

Purchase Details

Closed on
Mar 8, 2005
Sold by
Monument Street Funding Llc
Bought by
Boncore Robert C and Boncore Lillian M

Purchase Details

Closed on
Oct 6, 2004
Sold by
Schleip Beverly
Bought by
Monument Street Funding Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maywalt Michael $60,000 None Available
Willoughby Jakob $38,500 None Available
Boncore Robert C $11,000 --
Monument Street Funding Llc $15,276 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maywalt Michael $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $60,000 -14.2% $33 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $69,900 -- $39 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 -- $262,000 $23,000 $239,000
2024 $364 $65,000 $6,200 $58,800
2023 $329 $65,000 $6,200 $58,800
2022 $327 $65,000 $6,200 $58,800
2021 $327 $65,000 $6,200 $58,800
2020 $423 $65,000 $6,200 $58,800
2019 $1,509 $55,000 $4,600 $50,400
2018 $1,420 $55,000 $4,600 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B489248

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-088-760-0001-012-000

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