NOT LISTED FOR SALE

49 Winstead Rd Unit 51 Buffalo, NY 14218

Estimated Value: $173,832 - $243,000

4 Beds
2 Baths
1,400 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2018

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

Est. 285% increase in value since last sale

Current estimated payment $1,237 / mo

21 Days on Market

Highlights

  • 0.28 Acre Lot
  • Forced Air Heating System
  • Wood Siding
  • Wood Flooring
  • Rectangular Lot
  • 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 No Office Affiliation License #30OL0819953

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 12,323 Sq Ft Lot
  • Lot Dimensions are 82x150
  • Rectangular Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding
  • Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Schools

  • Lackawanna Middle School
  • Lackawanna High School

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 4
  • Assessor Parcel Number 140900-142-120-0001-004-000

Community Details

Overview

  • 2 Units
  • Ridgewood Subdivision

Building Details

  • 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

0.28 Acres

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1940
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Ridgewood
  • Directions: Off Ridge Road East of Abbott Road & West of Thruway. Sign is up. Tenant occupied! Showing Time for all appointments.
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Unit Levels: One
  • Year Built Details: Existing
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Full, Partial
  • Basement YN: Yes
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.2829
  • Waterfront: No
  • Construction Type: Composite Siding, Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

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

Schools

  • Junior High Dist: Lackawanna
  • Ninth Grade High School: Lackawanna High
  • Middle Or Junior School: Lackawanna Middle

Lot Info

  • Parcel Number: 140900-142-120-0001-004-000
  • Lot Dimensions: 82X150
  • Lot Size Sq Ft: 12323.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 96000.0
  • Annual Operating Expense: 3000.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3146.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Other - See Remarks

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
No Office Affiliation
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%
Current Estimated Value
$200,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,458
Avg. Annual Appreciation
18.05%

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
No Office Affiliation
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 -- $86,000 $13,500 $72,500
2024 $2,087 $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

  • Michael Campanella

    Seller's Agent in 2018

    Michael Campanella

    Century 21 North East

    (716) 998-8833

    12 Total Sales

    Michael Campanella
    Section Image

  • W

    Buyer's Agent in 2018

    Walter Olszowy

    No Office Affiliation

    Section Image
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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

New York Erie County Buffalo 14218

49 Winstead Rd Unit 51, Buffalo, NY

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