NOT LISTED FOR SALE

Estimated Value: $219,000 - $322,000

6 Beds
2 Baths
1,853 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $110,000 $59 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,727/month

112 Days on Market

Highlights

  • Balcony
  • Forced Air Cooling System
  • Rectangular Lot
  • Amherst Middle School Rated A
  • Property is near bus stop
  • Partially Fenced Property

About This Home

As of February 2020

Great location for a income producing property. This 2-unit is fully leased and generates solid income. 2-unit House is located between both UB North and South Campuses which makes it very easy to rent with large college student base. The building has off street parking, garage and full basement for storage. Solid structure and mechanical updates throughout the years make this a turn key property. Lower unit is a large 4 bedroom apartment with a long term tenant. Upper has 2 bedrooms with balcony. In Amherst school district and close to all area amenities.

Last Agent to Sell the Property

Todd Danni

Listing by Chubb-Aubrey Leonard Real Estate License #10301201083 Listed on: 08/30/2019

Last Buyer's Agent

Todd Danni

Listing by Chubb-Aubrey Leonard Real Estate License #10301201083 Listed on: 08/30/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,882

Year Built

  • Built in 1900

Lot Details

  • 4,480 Sq Ft Lot
  • Lot Dimensions are 112 x 40
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,853 Sq Ft Home
  • 1.5-Story Property
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Amherst Middle School
  • Amherst Central High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 6
  • Assessor Parcel Number 142289-067-730-0001-006-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • Operating Expense $4,701
  • Gross Income $21,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,882

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Operating Expenses: 4701
  • NY Swis Code: Amherst-142289
  • Total Assessed Value: 98000
  • Foundation Description: Poured
  • Gross Annual Income: 21420
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Primary Road
  • Lot Number: 6
  • Lot Shape: Rectangular
  • Nearest Cross Street: Eggert
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1070038.91
  • Ratio Close Price By Sq Ft: 59.36
  • Ratio List Price By Acres: 1214980.54
  • Ratio List Price By Sq Ft: 67.40
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities
  • Roof Description: Asphalt
  • School Tax: 1920
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4480
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Located between Eggert and Main street Look for Sign
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Pex Plumbing- Some, Sump Pump
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Total Sq Ft: 1853

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Balcony, Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.1028

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 142289-067-730-0001-006-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3882

MLS Schools

  • High School Name: Amherst Central High
  • Middle School Name: Amherst Middle
  • School District Name: Amherst

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Jan 30, 2020
Sold by
Medwin Barry
Bought by
Mansfield Daniel
Seller's Agent
Todd Danni
Chubb-Aubrey Leonard Real Estate
Buyer's Agent
Todd Danni
Chubb-Aubrey Leonard Real Estate
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%
Current Estimated Value
$252,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,075
Avg. Annual Appreciation
15.04%

Purchase Details

Closed on
Mar 1, 1996
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
Mansfield Daniel $110,000 None Available
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $110,000 -11.9% $59 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $124,900 -- $67 / 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 $4,909 $199,000 $32,000 $167,000
2023 $4,187 $98,000 $12,800 $85,200
2022 $4,669 $98,000 $12,800 $85,200
2021 $4,665 $98,000 $12,800 $85,200
2020 $3,904 $98,000 $12,800 $85,200
2019 $3,954 $98,000 $12,800 $85,200
2018 $3,882 $98,000 $12,800 $85,200
2017 $1,636 $98,000 $12,800 $85,200
2016 $3,705 $89,500 $10,800 $78,700
2015 -- $89,500 $10,800 $78,700
2014 -- $89,500 $10,800 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1222048

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-067-730-0001-006-000