NOT LISTED FOR SALE

49 Winstead Rd Unit 51 Buffalo, NY 14218

Estimated Value: $172,942 - $240,000

4 Beds
2 Baths
1,400 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 24, 2018

Last sale price $52,000 $37 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $1,263/month

21 Days on Market

Highlights

  • 0.28 Acre Lot
  • Forced Air Cooling System
  • Rectangular Lot
  • Wood Flooring
  • Wheelchair Adaptable
  • 1-Story Property

About This Home

As of March 2018

2/2 duplex in Ridgewood Community off Ridge Road near Abbott Road. Easy walk to LB Smith Plaza. Tenant occupied on both side on month to month rentals. Units are original. Updating will result in higher income. Priced to Sell. Tenants occupied. May require notice for showings. Showing Time for appointments.

Last Agent to Sell the Property

Michael Campanella

Listing by Century 21 North East License #10301202809 Listed on: 11/22/2017

Century 21 North East

Last Buyer's Agent

Walter Olszowy

Listing by Rosato Management Services License #30OL0819953

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 150 x 82
  • Rectangular Lot

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Accessible Home Design

  • Wheelchair Adaptable

Schools

  • Lackawanna Middle School
  • Lackawanna High School

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 4
  • Assessor Parcel Number 140900-142-120-0001-004-000

Community Details

Overview

  • 2 Units
  • Ridgewood Community
  • Ridgewood Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $3,000
  • Gross Income $96,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Accessibility: Adaptable Home - some
  • Annual Operating Expenses: 3000
  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 59000
  • Foundation Description: Block
  • Gross Annual Income: 96000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 82
  • Lot Information: Neighborhood Street
  • Lot Number: 4
  • Lot Shape: Rectangular
  • Nearest Cross Street: Ridge Road
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 183810.53
  • Ratio Close Price By Sq Ft: 37.14
  • Ratio List Price By Acres: 211735.60
  • Ratio List Price By Sq Ft: 42.79
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 863
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 12323
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Off Ridge Road East of Abbott Road & West of Thruway. Sign is up. Tenant occupied! Showing Time for all appointments.
  • Subdivision Comm Complex: Ridgewood
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full, Partial
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 1400

Exterior Features

  • Construction: Composition, Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.2829

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • 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: Lackawanna
  • Elementary School: Other - See Remarks
  • Middle School: Lackawanna Middle
  • High School: Lackawanna High

Lot Info

  • Parcel Number: 140900-142-120-0001-004-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3146

MLS Schools

  • High School Name: Lackawanna High
  • Middle School Name: Lackawanna Middle
  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2017
Closed on
Feb 25, 2018
Sold by
Alces James and Dudek Mary Ann
Bought by
Socha Christopher J and Socha Nicole L
Seller's Agent
Michael Campanella
Century 21 North East
Buyer's Agent
Walter Olszowy
Rosato Management Services
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%
Current Estimated Value
$204,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,736
Avg. Annual Appreciation
19.90%

Purchase Details

Listed on
Nov 22, 2017
Closed on
Feb 21, 2018
Sold by
Alves Barbara A and Alves Kenneth A
Bought by
Scoha Christopher J and Scoha Nicole L
Seller's Agent
Michael Campanella
Century 21 North East
Buyer's Agent
Walter Olszowy
Rosato Management Services
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%

Purchase Details

Closed on
Feb 19, 2004
Sold by
Alves Ann Marie and Alves James R
Bought by
Dudek Mary Ann and Alves James
Source: Public Records

Range of Values:

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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
Socha Christopher J $34,666 None Available
Scoha Christopher J $17,334 First American Title Ins Co
Dudek Mary Ann -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2018 03/24/18 Sold $52,000 -13.2% $37 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $59,900 0.0% $43 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $59,900 -- $43 / 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 -- $86,000 $13,500 $72,500
2023 $2,072 $86,000 $13,500 $72,500
2022 $2,083 $86,000 $13,500 $72,500
2021 $2,102 $86,000 $13,500 $72,500
2020 $677 $86,000 $13,500 $72,500
2019 $1,567 $59,000 $7,300 $51,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1088299

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-120-0001-004-000