NOT LISTED FOR SALE

4065 Loring Ave Buffalo, NY 14219

Estimated Value: $237,000 - $312,000

5 Beds
3 Baths
2,428 Sq Ft
$112/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $133,500 $55 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,831/month

17 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Baseboard Heating
  • Patio
  • Ceiling Fan
  • High Speed Internet

About This Home

As of July 2018

Fantastic opportunity for an income producing 3 unit rental property in the town of Hamburg! The garage apartment is 2 bedroom/1 bath, separate utilities paid for by the tenant with the exception of water, in unit laundry, garage space and private storage area. The first floor unit in the main part of the house is 2 bedroom/1 bath, with a spacious eat-in kitchen, mudroom, full access to the basement with separate laundry and garage parking. The upper unit is a 1 bedroom/1 bath with a private entrance and parking spot - well maintained and as cute as a button! Has been easy to rent out, great location, private entrances for each apartment, no carpets, tenants are responsible for lawn care and snow removal. Wonderful tenants - Hard to find triple! Call today!!

Last Agent to Sell the Property

Amber Papsidero

Listing by Emprise Realty Group, LLC License #10401281130 Listed on: 05/29/2018

Last Buyer's Agent

Amber Papsidero

Listing by Emprise Realty Group, LLC License #10401281130 Listed on: 05/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,560

Year Built

  • Built in 1963

Lot Details

  • 9,900 Sq Ft Lot
  • Lot Dimensions are 110 x 90

Home Design

  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 2,428 Sq Ft Home
  • 1.7-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Shared Driveway
  • On-Street Parking

Schools

  • Frontier Middle School
  • Frontier Senior High School

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 28
  • Assessor Parcel Number 144889-159-670-0005-028-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,560

Year Built

Built in 1963

Lot Details

0

Listing Details

  • NY Swis Code: Hamburg-144889
  • Total Assessed Value: 91500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 90
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 28
  • Nearest Cross Street: Bayview or Big Tree
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 587329.52
  • Ratio Close Price By Sq Ft: 54.98
  • Ratio List Price By Acres: 659480.86
  • Ratio List Price By Sq Ft: 61.74
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 2515
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9900
  • Age of Building: 59
  • Year Built: 1963
  • Directions To Property: Route 5 to Big Tree - Left on Loring Avenue or Southwestern (Route 20) to Bayview stay to the left or right to Loring Avenue.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Storage
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: In All Apartments, Oven/Range Freestanding- Some, Refrigerator
  • Total Sq Ft: 2428

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet, Patio
  • Number of Acres: 0.2273

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete, Garage, Shared, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Frontier
  • Middle School: Frontier Middle
  • High School: Frontier Senior High

Lot Info

  • Parcel Number: 144889-159-670-0005-028-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 5560

MLS Schools

  • High School Name: Frontier Senior High
  • Middle School Name: Frontier Middle
  • School District Name: Frontier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 26, 2018
Sold by
Papsidero Daniel M
Bought by
Aughey Steven D
Seller's Agent
Amber Papsidero
Emprise Realty Group, LLC
Buyer's Agent
Amber Papsidero
Emprise Realty Group, LLC
List Price
$156,900
Sold Price
$133,500
Premium/Discount to List
-$23,400
-14.91%
Current Estimated Value
$270,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,423
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Oct 3, 2015
Sold by
Burnette David A and Burnette Shirley M
Bought by
Papsidero Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Sremcevic Anna
Bought by
Burnette David A and Burnette Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.14%
Mortgage Type
Fannie Mae Freddie Mac
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
Aughey Steven D $133,500 None Available
Papsidero Daniel M $135,000 None Available
Burnette David A $95,000 --
Burnette David A $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papsidero Daniel M $101,250
Previous Owner Burnette David A $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $133,500 -10.9% $55 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
06/13/2018 06/13/18 Price Changed $149,900 -4.5% $62 / Sq Ft
05/29/2018 05/29/18 For Sale $156,900 -- $65 / 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 -- $63,400 $5,900 $57,500
2023 $4,644 $63,400 $5,900 $57,500
2022 $4,449 $63,400 $5,900 $57,500
2021 $4,405 $63,400 $5,900 $57,500
2020 $4,308 $63,400 $5,900 $57,500
2019 $5,387 $63,400 $5,900 $57,500
2018 $5,664 $91,500 $5,900 $85,600
2017 $2,930 $91,500 $5,900 $85,600
2016 $5,459 $91,500 $5,900 $85,600
2015 -- $91,500 $5,900 $85,600
2014 -- $91,500 $5,900 $85,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1121880

Western New York Real Estate Information Services (WNYREIS)

APN: 144889-159-670-0005-028-000