NOT LISTED FOR SALE

Estimated Value: $173,581 - $196,000

4 Beds
2 Baths
1,590 Sq Ft
$117/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $137,000 $86 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,001/month

38 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Partially Fenced Property
  • Forced Air Cooling System
  • Rectangular Lot
  • 3-minute walk to Hillery Park

About This Home

As of March 2022

ANOTHER MONEY MAKING INVESTMENT PROPERTY!!!!!UPPER UNIT IS A 2 BED 1 BATH UPDATED(2019)WITH 15K IN IMPROVEMENTS. RENT IS $850.00. LOWER UNIT HAS NOT BEEN REHABBED DUE TO VERY HAPPY PERMANENT TENANT. 2 BED 1 BATH RENTS FOR $705.00 WHICH COULD BE MUCH HIGHER AFTER A LITTLE REHAB. COMPLETE NEW ROOF WAS DONE 2.5 YEARS AGO. UPPER UNIT FURNACE IS 2 YEARS OLD.LOWER UNIT WAS PUT IN 2005. TENANTS ARE RESPONSIBLE FOR SNOW AND LAWN. UPPER TENANT PAID RENT IN ADVANCE FOR 2 YEARS WHICH WILL BE CREDITED AT CLOSING. GARAGE IS RENTED BY ANOTHER PERSON WHO PAYS 6 MONTHS IN ADVANCE (600.00/YR).

Last Agent to Sell the Property

Marcus Smith

Listing by Better Homes and Gardens Real Estate Prosperity License #10401325787 Listed on: 11/01/2021

Better Homes and Gardens Real Estate Prosperity

Last Buyer's Agent

Kunji Rey

Listing by Towne Housing Real Estate License #10301221803

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $892

Year Built

  • Built in 1913

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 125 x 30
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,590 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • 1 Car Garage
  • Garage Door Opener

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 refuse removal, water
  • Tax Lot 42
  • Assessor Parcel Number 140200-123-740-0005-042-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,468
  • Gross Income $19,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$892

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1468
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 66000
  • Foundation Description: Block
  • Gross Annual Income: 19260
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 42
  • Lot Shape: Rectangular
  • Nearest Cross Street: MINERAL SPRINGS
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1591173.05
  • Ratio Close Price By Sq Ft: 86.16
  • Ratio List Price By Acres: 1858304.30
  • Ratio List Price By Sq Ft: 100.63
  • Regional Board Code: Rochester
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Shingles
  • School Tax: 282
  • Sub Board Code: Rochester
  • Type of Residence: Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3750
  • Age of Building: 109
  • Year Built: 1913
  • Above Grade Finished Sq Ft: 1590
  • Directions To Property: MINERAL SPRINGS TO FRANK.
  • Sq Ft Total Pub: 1590
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1913

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1590

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Garage Door Opener, Partially Fenced Yard
  • Number of Acres: 0.0861

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Blacktop, Garage

Utilities

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

Lot Info

  • Parcel Number: 140200-123-740-0005-042-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 892

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 16, 2022
Sold by
A & L Wny Properties Llc
Bought by
227 Chester Llc
Seller's Agent
Marcus Smith
Better Homes and Gardens Real Estate Prosperity
Buyer's Agent
Kunji Rey
Towne Housing Real Estate
List Price
$330,000
Sold Price
$137,000
Premium/Discount to List
-$193,000
-58.48%
Current Estimated Value
$185,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,645
Avg. Annual Appreciation
8.28%
Original Mortgage
$109,600
Outstanding Balance
$101,562
Interest Rate
3.69%
Mortgage Type
Commercial
Estimated Equity
$84,083

Purchase Details

Closed on
Oct 11, 2018
Sold by
Fenar Eric and Mang Jason
Bought by
A & L Wny Properties Llc

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 8, 2017
Sold by
Marello Maribeth
Bought by
Fenar Eric and Mang Jason
Seller's Agent
Mary Certo
Realty ONE Group Empower
Buyer's Agent
Mary Certo
Realty ONE Group Empower
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.43%

Purchase Details

Listed on
Dec 9, 2015
Closed on
Feb 27, 2016
Sold by
Waller Tracy L
Bought by
Marello Maribeth
Seller's Agent
Kathryn Montanez
No Office Affiliation
Buyer's Agent
Mary Certo
Realty ONE Group Empower
List Price
$49,900
Sold Price
$37,000
Premium/Discount to List
-$12,900
-25.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%

Purchase Details

Closed on
May 9, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
227 Chester Llc $137,000 None Available
227 Chester Llc $137,000 None Available
227 Chester Llc $137,000 None Available
A & L Wny Properties Llc -- None Available
A & L Wny Properties Llc -- None Available
A & L Wny Properties Llc -- None Available
A & L Wny Properties Llc -- None Available
Fenar Eric $45,000 None Available
Fenar Eric $45,000 None Available
Fenar Eric $45,000 None Available
Fenar Eric $45,000 None Available
Marello Maribeth $37,000 None Available
Marello Maribeth $37,000 None Available
Marello Maribeth $37,000 None Available
Marello Maribeth $37,000 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 227 Chester Llc $109,600
Closed 227 Chester Llc $109,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold $137,000 -14.4% $86 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
12/02/2021 12/02/21 Price Changed $160,000 -3.0% $101 / Sq Ft
11/02/2021 11/02/21 Price Changed $165,000 -50.0% $104 / Sq Ft
11/01/2021 11/01/21 For Sale $330,000 +633.3% $208 / Sq Ft
08/08/2017 08/08/17 Sold $45,000 0.0% $28 / Sq Ft View Prior Sale
06/12/2017 06/12/17 Pending -- -- --
05/30/2017 05/30/17 Off Market $45,000 -- --
05/30/2017 05/30/17 For Sale $49,900 +34.9% $31 / Sq Ft
03/21/2016 03/21/16 Sold $37,000 -25.9% $23 / Sq Ft View Prior Sale
01/28/2016 01/28/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $49,900 -- $31 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $336 $60,000 $5,000 $55,000
2023 $304 $60,000 $5,000 $55,000
2022 $302 $60,000 $5,000 $55,000
2021 $302 $60,000 $5,000 $55,000
2020 $337 $60,000 $5,000 $55,000
2019 $1,202 $43,800 $4,400 $39,400
2018 $1,131 $43,800 $4,400 $39,400
2017 $261 $43,800 $4,400 $39,400
2016 $1,066 $43,800 $4,400 $39,400
2015 -- $43,800 $4,400 $39,400
2014 -- $43,800 $4,400 $39,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1375763

Upstate New York Real Estate Information Services (UNYREIS)

APN: 140200-123-740-0005-042-000