NOT LISTED FOR SALE

Estimated Value: $101,000 - $115,000

4 Beds
3 Baths
2,040 Sq Ft
$53/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $16,000 $8 Per Sq Ft

Est. 578% increase in value since last sale

Current estimated payment $736/month

49 Days on Market

Highlights

  • Fenced Yard
  • Rectangular Lot
  • Heating System Uses Gas
  • Patio
  • Wall to Wall Carpet

About This Home

As of December 2018

*INVESTOR SPECIAL* Cash Only! Large 3 unit property located about a mile from Niagara Falls State Park and 3 miles from Niagara University! Prime location for some serious cash flow. As Niagara Falls tourism hits "record visitation numbers" downtown is becoming the place to be! Don't miss out on a great investment opportunity!

Last Agent to Sell the Property

Mary Lucchetti

Listing by Keller Williams Realty WNY License #10401315302 Listed on: 10/23/2018

Keller Williams Realty WNY

Last Buyer's Agent

Mary Lucchetti

Listing by Keller Williams Realty WNY License #10401315302 Listed on: 10/23/2018

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,861 Sq Ft Lot
  • Lot Dimensions are 117 x 33
  • Fenced Yard
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,040 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes garage
  • Tax Lot 41
  • Assessor Parcel Number 291100-159-032-0002-041-000

Community Details

Overview

  • 3 Units
  • City/Niagara Falls Community
  • City/Niagara Falls Subdivision

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 42000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 117
  • Lot Dimension Front: 33
  • Lot Information: Neighborhood Street
  • Lot Number: 41
  • Lot Shape: Rectangular
  • Nearest Cross Street: 16th Street
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 180586.91
  • Ratio Close Price By Sq Ft: 7.84
  • Ratio List Price By Acres: 225722.35
  • Ratio List Price By Sq Ft: 9.80
  • Regional Board Code: Buffalo
  • Rent Includes: Garage
  • School Tax: 816
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3861
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Between 16th Street and Portage Road
  • Subdivision Comm Complex: City/Niagara Falls
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1930

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2040

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Fully Fenced Yard, Patio
  • Number of Acres: 0.0886

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Municipal Electric
  • 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: 291100-159-032-0002-041-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1960

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2020
Sold by
Evans Michael Ryan
Bought by
Mre Ret Llc
Current Estimated Value
$108,549

Purchase Details

Closed on
Sep 18, 2019
Sold by
Falls Property Maintenance & Mgmt Llc
Bought by
Evans Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Mre Ret Llc -- None Available
Evans Michael R $64,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Michael R $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2018 12/26/18 Sold $16,000 -20.0% $8 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $19,999 +25.0% $10 / Sq Ft
11/23/2018 11/23/18 Off Market $16,000 -- --
11/21/2018 11/21/18 For Sale $40,000 0.0% $20 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $40,000 -- $20 / 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 $1,633 $42,000 $2,400 $39,600
2023 $1,633 $42,000 $2,400 $39,600
2022 $1,229 $42,000 $2,400 $39,600
2021 $1,228 $42,000 $2,400 $39,600
2020 $815 $42,000 $2,400 $39,600
2019 $782 $42,000 $2,400 $39,600
2018 $1,207 $42,000 $2,400 $39,600
2017 $782 $42,000 $2,400 $39,600
2016 $1,173 $42,000 $2,400 $39,600
2015 -- $42,000 $2,400 $39,600
2014 -- $42,000 $2,400 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1156221

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-032-0002-041-000