NOT LISTED FOR SALE

368 Spruce Ave Niagara Falls, NY 14301

East Side Neighborhood

Estimated Value: $79,000 - $171,000

4 Beds
4 Baths
2,839 Sq Ft
$50/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $106,000 $37 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $908/month

23 Days on Market

Highlights

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Heating System Uses Gas
  • Woodwork
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of December 2020

Calling all investors. This recently remodeled 4 unit home features brand new water hot water tank and brand new boiler system. There are 3 units rented with the upstairs unit vacant, this is a great opportunity for an owner occupied investment property. Have the tenants pay your mortgage. Currently bringing in $1,775

Last Agent to Sell the Property

Jack Russo

Listing by No Office Affiliation License #10401329548 Listed on: 09/04/2020

Last Buyer's Agent

James Wangelin

Listing by Towne Housing Real Estate License #10491210943

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 153 x 75
  • Partially Fenced Property

Home Design

  • Asphalt Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,839 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Carport
  • Stone Driveway

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes heat, hot water, water
  • Tax Lot 30
  • Assessor Parcel Number 291100-144-069-0002-030-001

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,037

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 43000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 153
  • Lot Dimension Front: 75
  • Lot Information: Neighborhood Street
  • Lot Number: 30
  • Nearest Cross Street: Main st
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 402277.04
  • Ratio Close Price By Sq Ft: 37.34
  • Ratio List Price By Acres: 531305.50
  • Ratio List Price By Sq Ft: 49.31
  • Regional Board Code: Buffalo
  • Rent Includes: Heat, Hot Water, Water
  • Roof Description: Asphalt
  • School Tax: 841
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 11477
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2839
  • Directions To Property: In Between Whirlpool and Main Street
  • Sq Ft Total Pub: 2839
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some, Pex Plumbing- Some
  • Basement Description: Full
  • Floor Description: Vinyl-Some
  • Total Sq Ft: 2839

Exterior Features

  • Construction: Stucco
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.2635

Garage/Parking

  • Number of Electric Meters: 4
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Carport(S), Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-144-069-0002-030-001

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 2037

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Attar Giath
Bought by
Paperstreet 3 Llc
Current Estimated Value
$146,793

Purchase Details

Listed on
Sep 4, 2020
Closed on
Dec 7, 2020
Sold by
Attar Giath
Bought by
Paperstreet 3 Llc
Seller's Agent
Jack Russo
No Office Affiliation
Buyer's Agent
James Wangelin
Towne Housing Real Estate
List Price
$139,999
Sold Price
$106,000
Premium/Discount to List
-$33,999
-24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Jun 29, 2011
Sold by
Borgese Carmela
Bought by
Borgese Carmela
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
Paperstreet 3 Llc -- None Listed On Document
Paperstreet 3 Llc $106,000 None Available
Borgese Carmela $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Attar Giath $41,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $106,000 -24.3% $37 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $139,999 +211.1% $49 / Sq Ft
03/18/2016 03/18/16 Sold $45,000 -24.9% $16 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $59,900 -- $21 / 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 $1,259 $43,000 $2,900 $40,100
2023 $1,259 $43,000 $2,900 $40,100
2022 $1,258 $43,000 $2,900 $40,100
2021 $1,258 $43,000 $2,900 $40,100
2020 $834 $43,000 $2,900 $40,100
2019 $801 $43,000 $2,900 $40,100
2018 $1,236 $43,000 $2,900 $40,100
2017 $801 $43,000 $2,900 $40,100
2016 $1,201 $43,000 $2,900 $40,100
2015 -- $43,000 $2,900 $40,100
2014 -- $43,000 $2,900 $40,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jack Russo

    No Office Affiliation

    Section Image

  • J

    Buyer's Agent in 2020

    James Wangelin

    Towne Housing Real Estate

    (716) 903-3198

    3 in this area

    185 Total Sales

    Section Image
  • Michael Cicero

    Seller's Agent in 2016

    Michael Cicero

    Hunt Real Estate

    (716) 622-5742

    8 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jeannie Geartz

    No Office Affiliation

  • R

    Buyer's Agent in 2016

    Ryan Walley

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1292013

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-144-069-0002-030-001

New York Niagara County Niagara Falls 14301 East Side

368 Spruce Ave, Niagara Falls, NY

This home is located at 368 Spruce Ave, Niagara Falls, NY 14301 since 04 September 2020 and is currently estimated at $142,488, approximately $50 per square foot. This property was built in 1920. 368 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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