NOT LISTED FOR SALE

Estimated Value: $219,795

Studio
-- Bath
2,481 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2020

Last sale price $150,000 $60 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,241 / mo

108 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of October 2020

Interesting property, Upper unit has many original feature, old turn of the century fire places in the sitting room. in unit laundry, 2+ bedroom and more. Lower unit has a couple of treatment rooms - a large open floor plan for the practice of Tai chi and yoga. Property has been reduce because the owner is hoping for a closing by Oct 14th 2020

Last Agent to Sell the Property

Suzan Mancini

Listing by Howard Hanna WNY Inc. License #40MA1157134 Listed on: 05/26/2020

Howard Hanna WNY Inc.

Last Buyer's Agent

Suzan Mancini

Listing by Howard Hanna WNY Inc. License #40MA1157134 Listed on: 05/26/2020

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 1912

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 79x79

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2,481 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes trash collection
  • Tax Lot 1
  • Assessor Parcel Number 140200-099-760-0005-001-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,586

Year Built

Built in 1912

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection
  • Year Built: 1912
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Located at south east side of where Porter Ave. Normal Ave. and Jersey Street all meet. Behind Kleinhans Music Hall.
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.06
  • Waterfront: No
  • Construction Type: Frame

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-099-760-0005-001-000
  • Lot Dimensions: 79X79
  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2586.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Oct 13, 2020
Sold by
R J Gullo Properties 1 Inc
Bought by
485 487 Porter Llc
Seller's Agent
Suzan Mancini
Howard Hanna WNY Inc.
Buyer's Agent
Suzan Mancini
Howard Hanna WNY Inc.
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Current Estimated Value
$219,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,795
Avg. Annual Appreciation
7.15%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2020
Closed on
Sep 1, 2020
Sold by
Adams Bruce and Adams Renee
Bought by
Rj Gullo Properties 1 Inc
Seller's Agent
Suzan Mancini
Howard Hanna WNY Inc.
Buyer's Agent
Suzan Mancini
Howard Hanna WNY Inc.
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records
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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
485 487 Porter Llc $150,000 None Available
Rj Gullo Properties 1 Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 485 487 Porter Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $150,000 0.0% $60 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/03/2020 09/03/20 Off Market $150,000 -- --
08/28/2020 08/28/20 Price Changed $150,000 -25.0% $60 / Sq Ft
05/26/2020 05/26/20 For Sale $200,000 -- $81 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 $1,009 $303,300 $49,700 $253,600
2024 $1,009 $180,000 $26,100 $153,900
2023 $912 $180,000 $26,100 $153,900
2022 $905 $180,000 $26,100 $153,900
2021 $905 $180,000 $26,100 $153,900
2020 $539 $180,000 $26,100 $153,900
2019 $2,692 $70,000 $3,400 $66,600
2018 $2,488 $70,000 $3,400 $66,600
2017 $416 $70,000 $3,400 $66,600
2016 $2,343 $70,000 $3,400 $66,600
2015 -- $70,000 $3,400 $66,600
2014 -- $70,000 $3,400 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1266067

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-760-0005-001-000

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