NOT LISTED FOR SALE

Estimated Value: $70,537 - $131,000

5 Beds
3 Baths
3,161 Sq Ft
$34/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $28,000 $9 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $705/month

253 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Forced Air Cooling System
  • Finished Attic
  • Woodwork
  • Property is near a bus stop

About This Home

As of May 2012

Conveniently located steps from the Casino! You can hit the jackpot with this solid brick 3-unit in walking distance to The Falls, business district, shopping, restaurants and bus line. Newer hwts, furnaces, electrical, some new flooring, rugs and freshly painted interior. Plenty of parking, nice yard, enclosed porch, separate laundry areas in basement, natural wood work and large room sizes in all units. Seller had long-term tenants paying $475 1st floor, $375 2nd floor, & $300 3rd floor. Rents could easily be higher! This is a great investment property at a good price!

Last Agent to Sell the Property

Cheryl Deal

Listing by Deal Realty, Inc. License #10311205717 Listed on: 07/31/2011

Last Buyer's Agent

Steve Nawrocki

Listing by Deal Realty, Inc. License #10401214353

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 132 x 33

Parking

  • 2 Car Garage

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 3,161 Sq Ft Home
  • 2.5-Story Property
  • Woodwork
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Attic

  • Full Attic
  • Finished Attic

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 291100-159-029-0003-046-000

Community Details

Overview

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

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 91
  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 37700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 33
  • Lot Information: Near Bus Line, Neighborhood Street, Primary Road
  • L P Per Acre: 330000.0000
  • List Price per Sq Ft: 10.4397
  • Nearest Cross Street: Ferry Avenue
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 280000.00
  • Ratio Close Price By Sq Ft: 8.86
  • Ratio List Price By Acres: 330000.00
  • Ratio List Price By Sq Ft: 10.44
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 710
  • Sale Price List Price: 0.8484
  • S P Per Acre: 280000.0000
  • S P Per Sq Ft: 8.8579
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 33000.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Niagara Street to 5th Street
  • Subdivision Comm Complex: CITY/NIAGARA FALLS
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some, Wood-Some
  • Number of Rooms: 18
  • Total Sq Ft: 3161

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-159-029-0003-046-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2174

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2011
Closed on
May 25, 2012
Sold by
Boos Christopher S
Bought by
Seitaj Perparim
Seller's Agent
Cheryl Deal
Deal Realty, Inc.
Buyer's Agent
Steve Nawrocki
Deal Realty, Inc.
List Price
$38,000
Sold Price
$28,000
Premium/Discount to List
-$10,000
-26.32%
Current Estimated Value
$106,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,634
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Sep 9, 2003
Sold by
Boos Richard J and Boos B
Bought by
Boos Christopher

Purchase Details

Closed on
Nov 22, 1996
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
Seitaj Perparim $28,000 Cheryl Stein
Boos Christopher -- Joseph Conti
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $28,000 -26.3% $9 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
07/31/2011 07/31/11 For Sale $38,000 -- $12 / 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 $1,499 $38,400 $2,100 $36,300
2023 $1,499 $38,400 $2,100 $36,300
2022 $1,123 $38,400 $2,100 $36,300
2021 $1,123 $38,400 $2,100 $36,300
2020 $745 $38,400 $2,100 $36,300
2019 $715 $38,400 $2,100 $36,300
2018 $1,103 $38,400 $2,100 $36,300
2017 $715 $38,400 $2,100 $36,300
2016 $1,144 $38,400 $2,100 $36,300
2015 -- $38,400 $2,100 $36,300
2014 -- $38,400 $2,100 $36,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B391603

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-029-0003-046-000