NOT LISTED FOR SALE

Estimated Value: $246,000 - $342,703

5 Beds
2 Baths
2,147 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 19, 2013

Last sale price $65,000 $30 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $1,511/month

7 Days on Market

Highlights

  • Wood Flooring
  • Rectangular Lot
  • Gas Fireplace
  • Property is near a bus stop
  • Partially Fenced Property

About This Home

As of September 2013

37 Mercer: Quaint Bungalow style house on a great yard. Originally a single, currently a spacious yet efficient double. Low maintenance brick exterior, 2 car garage. Big living and dining rooms, hardwood floors, separate modern utilities. Easily convertible to a single home, or owner occupy as a double, collect $550 rent and live for about $125.00 mos (subject to qualification).

Last Agent to Sell the Property

Matt Quagliano

Listing by Buffalo Home Sellers LLC License #40QU0743308 Listed on: 05/13/2013

Last Buyer's Agent

Pushpa Gunatilake

Listing by Pioneer Star Real Estate Inc. License #10311200587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,421

Year Built

  • Built in 1931

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 133 x 37
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Frame
  • Partial Copper Plumbing

Interior Spaces

  • 2,147 Sq Ft Home
  • 1.7-Story Property
  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 140200-079-770-0003-006-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,421

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Age: 82
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 77000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 133
  • Lot Dimension Front: 37
  • Lot Information: Near Bus Line
  • Lot Shape: Rectangular
  • L P Per Acre: 544545.4500
  • List Price per Sq Ft: 27.8993
  • Nearest Cross Street: Main
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 590909.09
  • Ratio Close Price By Sq Ft: 30.27
  • Ratio List Price By Acres: 544545.45
  • Ratio List Price By Sq Ft: 27.90
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • Sale Price List Price: 1.0851
  • S P Per Acre: 590909.0900
  • S P Per Sq Ft: 30.2700
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 59900.00
  • Year Built Description: Existing Unknown
  • Age of Building: 91
  • Year Built: 1931
  • Directions To Property: From Main to Mercer
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1931

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Not Repto Code: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Rooms: 10
  • Total Sq Ft: 2147

Exterior Features

  • Construction: Brick and Frame
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.1100

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-079-770-0003-006-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2421

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2013
Closed on
Sep 17, 2013
Sold by
Searcy Walter J
Bought by
Andrews Michael C
Seller's Agent
Matt Quagliano
Buffalo Home Sellers LLC
Buyer's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Current Estimated Value
$276,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,480
Avg. Annual Appreciation
12.65%
Original Mortgage
$65,000
Outstanding Balance
$48,543
Interest Rate
4.42%
Mortgage Type
VA
Estimated Equity
$232,133

Purchase Details

Closed on
Jun 6, 2011
Sold by
White Mayer Mary Melinda and Pfalzgraf David R
Bought by
Searcy Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.74%
Mortgage Type
Seller Take Back
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
Andrews Michael C $65,000 None Available
Searcy Walter J $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Michael C $65,000
Previous Owner Searcy Walter J $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2013 09/19/13 Sold $65,000 +8.5% $30 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $59,900 -- $28 / 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 $740 $132,000 $18,900 $113,100
2023 $669 $132,000 $18,900 $113,100
2022 $664 $132,000 $18,900 $113,100
2021 $664 $132,000 $18,900 $113,100
2020 $593 $132,000 $18,900 $113,100
2019 $2,113 $77,000 $6,800 $70,200
2018 $1,988 $77,000 $6,800 $70,200
2017 $458 $77,000 $6,800 $70,200
2016 $1,874 $77,000 $6,800 $70,200
2015 -- $77,000 $6,800 $70,200
2014 -- $77,000 $6,800 $70,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B429681

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-770-0003-006-000