NOT LISTED FOR SALE

Estimated Value: $182,000 - $252,000

4 Beds
2 Baths
2,175 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $82,000 $38 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,197/month

16 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Forced Air Cooling System

About This Home

As of July 2016

Great investment property. Solid 2/2 double in desirable south buffalo area. New roof in October of 2015!! fully rented and brining in good cash flow with quality tenants.

Last Agent to Sell the Property

Jason Redding

Listing by Rosato Management Services License #10401220766 Listed on: 03/08/2016

Last Buyer's Agent

Jeffrey Hochbaum

Listing by No Office Affiliation License #40HO0924582

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 125 x 35

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,175 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 140200-123-720-0005-011-000

Community Details

Overview

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

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,378

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Age: 88
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 58500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • L P Per Acre: 790000.0000
  • List Price per Sq Ft: 36.3218
  • Nearest Cross Street: Seneca
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 820000.00
  • Ratio Close Price By Sq Ft: 37.70
  • Ratio List Price By Acres: 790000.00
  • Ratio List Price By Sq Ft: 36.32
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Refuse Removal, Water
  • Sale Price List Price: 1.0379
  • S P Per Acre: 820000.0000
  • S P Per Sq Ft: 37.7000
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 79000.00
  • Year Built Description: Existing
  • Age of Building: 94
  • Year Built: 1928
  • Directions To Property: off seneca st
  • Subdivision Comm Complex: BUFFALO CRK RESERVATION
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2175

Exterior Features

  • Construction: Brick, Composition, Vinyl
  • Number of Acres: 0.1000

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 140200-123-720-0005-011-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1378

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jun 14, 2016
Sold by
Solomon And Hewett Inc
Bought by
Skotraczak Jordan M
Seller's Agent
Jason Redding
Rosato Management Services
Buyer's Agent
Jeffrey Hochbaum
No Office Affiliation
List Price
$79,000
Sold Price
$82,000
Premium/Discount to List
$3,000
3.8%
Current Estimated Value
$220,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,860
Avg. Annual Appreciation
11.20%
Original Mortgage
$80,514
Outstanding Balance
$63,934
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$156,926

Purchase Details

Closed on
Apr 25, 2007
Sold by
Sullivan Dennis G and Sullivan Susan M
Bought by
Solomon & Hewett Inc

Purchase Details

Closed on
Dec 3, 2003
Sold by
Hud
Bought by
Sullivan Dennis G and Sullivan Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
First Niagara Bank
Bought by
Hud

Purchase Details

Closed on
Feb 28, 2000
Sold by
Murphy William P and Frauenheim Patricia
Bought by
Gras 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
$51,719
Interest Rate
8.31%
Mortgage Type
FHA
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
Skotraczak Jordan M $82,000 None Available
Solomon & Hewett Inc $54,000 None Available
Sullivan Dennis G $32,500 --
Hud -- --
Gras Michael R $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skotraczak Jordan M $80,514
Previous Owner Sullivan Dennis G $15,000
Previous Owner Gras Michael R $51,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $82,000 +3.8% $38 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $79,000 -- $36 / 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 $488 $87,000 $6,100 $80,900
2023 $441 $87,000 $6,100 $80,900
2022 $437 $87,000 $6,100 $80,900
2021 $437 $87,000 $6,100 $80,900
2020 $450 $87,000 $6,100 $80,900
2019 $1,605 $58,500 $5,200 $53,300
2018 $1,510 $58,500 $5,200 $53,300
2017 $348 $58,500 $5,200 $53,300
2016 $1,424 $58,500 $5,200 $53,300
2015 -- $58,500 $5,200 $53,300
2014 -- $58,500 $5,200 $53,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B494464

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-123-720-0005-011-000