NOT LISTED FOR SALE

4981 Broadway Depew, NY 14043

Estimated Value: $411,043

7 Beds
3.5 Baths
6,432 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2024

Last sale price $450,000 $70 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,001 / mo

7 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Baseboard Heating
  • 1 Fireplace

About This Home

As of June 2024

Exciting investment opportunity in the bustling Village of Depew. Solid, brick, meticulously maintained & updated MIXED USE property with reliable cash flow. Property consists of a store-front commercial space (currently State Farm Insurance); a large 3 bedrm, first floor apartment; (2) two bedrm second floor apartments. Separate utilities. All tenants on month-to-month leases. Recent updates: electrical, exterior paint, carpeting/flooring, extra large shed with metal roof (built 2023), landscaping, gutters (with leaf guards) & downspouts, hot water tanks (2021 & 2023), central A/C in commercial space (new condenser 2023). One half of the huge attic is partially finished, offering versatility. Tear off roof 2016. Full, dry basement with drain tile, sump pump, tenant laundry area (separate hook-ups for each unit). Ample parking for around 12+ in the front lot & side concrete parking pad. Convenient location, just east of Transit Rd. Easy access to thruway systems, Walden Galleria Mall, & Buffalo Niagara International Airport. Open house Saturday, April 27th from 11am-1pm. Also an open house Sunday, April 28th from 11am-1pm.

Last Agent to Sell the Property

Julie Murek

Listing by Howard Hanna WNY Inc Brokerage Phone: 716-602-2947 License #10401298096 Listed on: 04/22/2024

Howard Hanna WNY Inc

Last Buyer's Agent

Jasmine Chen

Listing by Howard Hanna WNY Inc. License #40CH1046389

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,129

Year Built

  • Built in 1900

Lot Details

  • 12,632 Sq Ft Lot
  • Lot Dimensions are 100x125
  • Property fronts a private road
  • Corner Lot

Home Design

  • Quadruplex
  • Mixed Use
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 6,432 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Parking Available
  • Paved Parking

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Rent includes gardener, snow removal, trash collection, water
  • Assessor Parcel Number 145201-104-780-0003-004-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,129

Year Built

Built in 1900

Lot Details

0.29 Acres

Listing Details

  • Business Type: Mixed
  • Property Sub Type: Mixed Use
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: 716-602-2947
  • Lot Features: Corner Lot
  • Road Frontage Type: Private Road
  • Directions: On the corner of Broadway St & Warsaw St
  • Architectural Style: Fourplex
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.29
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Concrete, Other, Paved, Parking Available, See Remarks

Utilities

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

Schools

  • Junior High Dist: Depew

Lot Info

  • Parcel Number: 145201-104-780-0003-004-000
  • Lot Dimensions: 100X125
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 9129.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jun 26, 2024
Sold by
Lighthouse Financial Asset Mgmt Llc
Bought by
Hc Z Holding Llc
Seller's Agent
Julie Murek
Howard Hanna WNY Inc
Buyer's Agent
Jasmine Chen
Howard Hanna WNY Inc.
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Current Estimated Value
$411,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,957

Purchase Details

Closed on
Feb 4, 2022
Sold by
Mcrae Arthur and Mcrae Nancy
Bought by
Lighthouse Financial Asset Mgmt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.45%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 1, 2017
Sold by
4901 Broadway Inc
Bought by
Mcrae Arthur and Mcrae Nancy

Purchase Details

Closed on
Mar 4, 1997
Sold by
Frank Bork
Bought by
Doyle Robert
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hc Z Holding Llc $450,000 Stewart Title
Hc Z Holding Llc $450,000 Stewart Title
Lighthouse Financial Asset Mgmt Llc -- Stewart Title
Lighthouse Financial Asset Mgmt Llc -- Stewart Title
Lighthouse Financial Asset Mgmt Llc -- Stewart Title
Lighthouse Financial Asset Mgmt Llc -- Stewart Title
Mcrae Arthur $200,000 --
Mcrae Arthur $200,000 --
Mcrae Arthur $200,000 --
Doyle Robert $170,000 --
Doyle Robert $170,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Lighthouse Financial Asset Mgmt Llc $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $450,000 +0.2% $70 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $449,000 -- $70 / 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 $9,317 $220,000 $26,500 $193,500
2024 $9,317 $220,000 $26,500 $193,500
2023 $9,309 $220,000 $26,500 $193,500
2022 $8,592 $220,000 $26,500 $193,500
2021 $6,076 $220,000 $26,500 $193,500
2020 $8,227 $220,000 $26,500 $193,500
2019 $5,046 $140,000 $25,500 $114,500
2018 $7,336 $140,000 $25,500 $114,500
2017 $5,046 $140,000 $25,500 $114,500
2016 $7,041 $140,000 $25,500 $114,500
2015 -- $140,000 $25,500 $114,500
2014 -- $140,000 $25,500 $114,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1533267

Western New York Real Estate Information Services (WNYREIS)

APN: 145201-104-780-0003-004-000

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