NOT LISTED FOR SALE

Estimated Value: $154,000 - $196,000

2 Beds
2 Baths
1,232 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $35,000 $28 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $988/month

9 Days on Market

Highlights

  • Forced Air Cooling System
  • Rectangular Lot
  • Wall to Wall Carpet
  • Property is near a bus stop

About This Home

As of July 2014

Great 1/1 investment property located on quiet South Buffalo street minutes to Trocare College and South Buffalo Mercy Hospital. Park located in back of property. Rents more then pay your mortgage and expenses as seller has had property for 17 years. Roof is only 6 years old and both furnaces put in November 2013. Upper recently updated and is very clean and lower has had same occupant for many years.

Last Agent to Sell the Property

David Phillips

Listing by No Office Affiliation License #10401254113 Listed on: 03/01/2014

Last Buyer's Agent

Jessica Gildea

Listing by Teal Realty Management Solutions LLC License #10491205836

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 126 x 30
  • Rectangular Lot

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Linoleum

Parking

  • No Garage
  • Shared Driveway

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

  • Rent includes water
  • Assessor Parcel Number 140200-133-390-0001-020-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$980

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Age: 86
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 42000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 126
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • List Price per Sq Ft: 36.4448
  • Nearest Cross Street: Tift
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 28.41
  • Ratio List Price By Sq Ft: 36.44
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • Sale Price List Price: 0.7795
  • S P Per Sq Ft: 28.4100
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 44900.00
  • Year Built Description: Existing
  • Age of Building: 94
  • Year Built: 1928
  • Directions To Property: South Park Ave to Tift Street. Turn onto Allegany from Tift.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 8
  • Total Sq Ft: 1232

Exterior Features

  • Construction: Composition

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Blacktop, Common

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

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-133-390-0001-020-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 980

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Silver Lining Homes Llc
Bought by
Inct Holdings Llc
Current Estimated Value
$176,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,008,000
Outstanding Balance
$10,632,204
Interest Rate
5.66%
Mortgage Type
Construction
Estimated Equity
-$10,476,620

Purchase Details

Closed on
Sep 14, 2021
Sold by
Folger Properties Inc
Bought by
Silver Lining Homes Llc

Purchase Details

Listed on
Mar 1, 2014
Closed on
Jul 9, 2014
Sold by
Schweikowsky Michael David and Schweikowsky Angelique
Bought by
Folger Properties Inc
Seller's Agent
David Phillips
No Office Affiliation
Buyer's Agent
Jessica Gildea
Teal Realty Management Solutions LLC
List Price
$44,900
Sold Price
$35,000
Premium/Discount to List
-$9,900
-22.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
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
Inct Holdings Llc -- None Available
Silver Lining Homes Llc $1,597,618 None Available
Folger Properties Inc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inct Holdings Llc $11,008,000
Previous Owner Schweikowsky Michael David $42,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2014 07/10/14 Sold $35,000 -22.0% $28 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $44,900 -- $36 / 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 $294 $58,000 $6,600 $51,400
2023 $294 $58,000 $6,600 $51,400
2022 $301 $58,000 $6,600 $51,400
2021 $292 $58,000 $6,600 $51,400
2020 $323 $58,000 $6,600 $51,400
2019 $1,152 $42,000 $4,600 $37,400
2018 $1,084 $42,000 $4,600 $37,400
2017 $250 $42,000 $4,600 $37,400
2016 $1,022 $42,000 $4,600 $37,400
2015 -- $42,000 $4,600 $37,400
2014 -- $42,000 $4,600 $37,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B446396

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-133-390-0001-020-000