NOT LISTED FOR SALE

Estimated Value: $378,740

-- Bed
-- Bath
3,753 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $175,000 $47 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,074/month

6 Days on Market

Highlights

  • Marble Flooring
  • Thermal Windows
  • Property is near a bus stop
  • Fenced Yard
  • Forced Air Cooling System
  • Space Heater

About This Home

As of March 2016

Bring vision to the opportunity to own this commercial store front with 3 residential apartments in Buffalo's burgeoning West side. Located between Richmond Ave and Martin Cook's (formerly Horse Feathers) and Black Sheep, this property offers a rare opportunity to both investors and entrepreneurs alike. You can expand the nearly 1000 SqFt of commercial space into the rear apartment or keep it as is. New roof, all sep utilities, stunning imported marble floors, large back yard, some updated mechanics. Needs some work for potential to be realized.

Last Agent to Sell the Property

Robert Blake

Listing by HUNT Real Estate Corporation License #10301206206 Listed on: 03/03/2016

HUNT Real Estate Corporation

Last Buyer's Agent

Lauren Kostek

Listing by No Office Affiliation License #10301201271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,317

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 116 x 33
  • Fenced Yard

Home Design

  • Mixed Use
  • Vinyl Construction Material

Interior Spaces

  • 3,753 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Marble
  • Tile

Parking

  • No Garage
  • On-Street Parking

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes garage, water
  • Assessor Parcel Number 140200-099-600-0003-031-000

Community Details

Overview

  • 3 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,317

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 38000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 33
  • Lot Information: Commercial Zoning, Near Bus Line, Neighborhood Street
  • L P Per Acre: 2443333.3300
  • List Price per Sq Ft: 58.5931
  • Nearest Cross Street: 16th Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1944444.44
  • Ratio Close Price By Sq Ft: 46.63
  • Ratio List Price By Acres: 2443333.33
  • Ratio List Price By Sq Ft: 58.59
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Garage, Water
  • School Tax: 536
  • Sale Price List Price: 0.7958
  • S P Per Acre: 1944444.4400
  • S P Per Sq Ft: 46.6300
  • Sub Board Code: Buffalo
  • Type of Residence: Mixed Use
  • Type of Sale: Normal
  • Value Range Search Low Price: 219900.00
  • Year Built Description: Existing Unknown
  • Directions To Property: From Richmond Ave, head west on Connecticut St. Property on right after the first traffic signal.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Marble-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 12
  • Total Sq Ft: 3753

Exterior Features

  • Construction: Vinyl, Wood
  • Additional Exterior Features: Fully Fenced Yard, Thermal Windows - Some
  • Number of Acres: 0.0900

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 5
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Space Heater
  • Number of Gas Meters: 4
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-099-600-0003-031-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1317

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 30, 2016
Sold by
Kurd Ahed
Bought by
Bertsch Corporate Real Estate Llc
Seller's Agent
Robert Blake
HUNT Real Estate Corporation
Buyer's Agent
Lauren Kostek
No Office Affiliation
List Price
$219,900
Sold Price
$175,000
Premium/Discount to List
-$44,900
-20.42%
Current Estimated Value
$378,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,740
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Oct 21, 2013
Sold by
Coppola Vincent A and Coppola Sandra J
Bought by
Kurd Ahed

Purchase Details

Closed on
Dec 8, 2010
Sold by
Mazur Sandra J and Coppola Sandra J
Bought by
The Vincent A Coppola & Sandra J Coppola
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
Bertsch Corporate Real Estate Llc $175,000 None Available
Kurd Ahed $60,000 None Available
The Vincent A Coppola & Sandra J Coppola -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $175,000 -20.4% $47 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $219,900 -- $59 / 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 $1,065 $190,000 $38,300 $151,700
2023 $963 $190,000 $38,300 $151,700
2022 $955 $190,000 $38,300 $151,700
2021 $955 $190,000 $38,300 $151,700
2020 $292 $190,000 $38,300 $151,700
2019 $1,461 $38,000 $3,800 $34,200
2018 $1,351 $38,000 $3,800 $34,200
2017 $226 $38,000 $3,800 $34,200
2016 $1,272 $38,000 $3,800 $34,200
2015 -- $38,000 $3,800 $34,200
2014 -- $38,000 $3,800 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B494211

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-600-0003-031-000