NOT LISTED FOR SALE

Estimated Value: $136,000 - $182,000

5 Beds
2 Baths
1,638 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 23, 2018

Last sale price $65,000 $40 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $900/month

34 Days on Market

Highlights

  • Corner Lot
  • Forced Air Cooling System
  • Space Heater
  • Fenced Yard
  • Tile Flooring

About This Home

As of November 2018

Welcome to 47 Reiman St. This 2 family home has 3 bedrooms in the lower and 2 in the upper. New hot water tanks, new lower furnace, and new windows. 2 wonderful tenants that would like to stay. Investors add this to your portfolio and start collecting rents right away!

Last Agent to Sell the Property

Millissa Dolan

Listing by No Office Affiliation License #10401277918 Listed on: 09/11/2018

Last Buyer's Agent

Millissa Dolan

Listing by No Office Affiliation License #10401277918 Listed on: 09/11/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 1888

Lot Details

  • 7,020 Sq Ft Lot
  • Lot Dimensions are 120 x 58
  • Fenced Yard
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Utilities

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

Listing and Financial Details

  • Rent includes garage, refuse removal, water
  • Tax Lot 6
  • Assessor Parcel Number 140200-112-340-0002-006-100

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $2,450
  • Gross Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,383

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Annual Operating Expenses: 2450
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 54000
  • Foundation Description: Block
  • Gross Annual Income: 11400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 58
  • Lot Information: Corner Lot
  • Lot Number: 6
  • Nearest Cross Street: Ideal
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 403225.81
  • Ratio Close Price By Sq Ft: 39.68
  • Ratio List Price By Acres: 495657.57
  • Ratio List Price By Sq Ft: 48.78
  • Regional Board Code: Buffalo
  • Rent Includes: Garage, Refuse Removal, Water
  • School Tax: 385
  • Sub Board Code: Buffalo
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7020
  • Age of Building: 134
  • Year Built: 1888
  • Directions To Property: Corner of Reiman and Ideal. Side gate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1888

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1638

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard
  • Number of Acres: 0.1612

Garage/Parking

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

Utilities

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

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-112-340-0002-006-100

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1383

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Nov 29, 2018
Sold by
Pattacciato Robert
Bought by
Igor Holdings Llc
Seller's Agent
Millissa Dolan
No Office Affiliation
Buyer's Agent
Millissa Dolan
No Office Affiliation
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Current Estimated Value
$160,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,447
Avg. Annual Appreciation
14.19%
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
Igor Holdings Llc $65,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2018 11/23/18 Sold $65,000 -18.6% $40 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $79,900 +22.9% $49 / Sq Ft
09/22/2018 09/22/18 Off Market $65,000 -- --
09/22/2018 09/22/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $79,900 -- $49 / 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 $314 $62,000 $6,000 $56,000
2023 $314 $62,000 $6,000 $56,000
2022 $312 $62,000 $6,000 $56,000
2021 $312 $62,000 $6,000 $56,000
2020 $416 $62,000 $6,000 $56,000
2019 $1,482 $54,000 $5,400 $48,600
2018 $1,394 $54,000 $5,400 $48,600
2017 $321 $54,000 $5,400 $48,600
2016 $1,314 $54,000 $5,400 $48,600
2015 -- $54,000 $5,400 $48,600
2014 -- $54,000 $5,400 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1147026

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-112-340-0002-006-100