NOT LISTED FOR SALE

50 Patricia Ln Buffalo, NY 14227

Estimated Value: $245,000 - $276,616

4 Beds
2 Baths
1,716 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $160,000 $93 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,976/month

13 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Partially Fenced Property
  • Forced Air Cooling System
  • Ceiling Fan

About This Home

As of September 2019

Check out this 2/2 side-by-side Duplex where the owner is willing to consider offers between $130,000-$160,000 VR Pricing. This home conveniently located home in a fantastic neighborhood features updated roof, mechanics & electrical. Owner Occupant Opportunity to have your mortgage paid for as you reside OR for those looking for Owner Investment opportunity in a demanded & conveniently located area of Cheektowaga. Vinyl Sided Double has also have additional off-street parking space and a 2 car garage. You be the judge - Open House Schedule as follows to be able to see the tenant occupied unit on left side. Don't miss this opportunity for owner occupant or investment potential in a highly desirable area. Separate dry basements. Showings begin at Open 8/1 from 5-7pm. Offers due 8/5 @ 6pm.

Last Agent to Sell the Property

Tomasz Racult

Listing by eXp Realty License #10301213044 Listed on: 07/23/2019

eXp Realty

Last Buyer's Agent

Peter Goldstein

Listing by Realty ONE Group Empower License #10401260386

Realty ONE Group Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,477

Year Built

  • Built in 1957

Lot Details

  • 5,100 Sq Ft Lot
  • Lot Dimensions are 102 x 50
  • Partially Fenced Property

Home Design

  • Duplex
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,716 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 7
  • Assessor Parcel Number 143089-113-480-0008-007-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,477

Year Built

Built in 1957

Lot Details

0

Listing Details

  • NY Swis Code: Cheektowaga-143089
  • Total Assessed Value: 90000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 102
  • Lot Dimension Front: 50
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 7
  • Nearest Cross Street: Columbus Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1366353.54
  • Ratio Close Price By Sq Ft: 93.24
  • Ratio List Price By Acres: 1110162.25
  • Ratio List Price By Sq Ft: 75.76
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • Roof Description: Asphalt
  • School Tax: 2917
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex, Side by Side
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5100
  • Age of Building: 65
  • Year Built: 1957
  • Directions To Property: Williams Street to St Felix to Columbus to Patricia
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1957

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Sump Pump
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1716

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Garage Door Opener, Partially Fenced Yard
  • Number of Acres: 0.1171

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Cheektowaga-Sloan

Lot Info

  • Parcel Number: 143089-113-480-0008-007-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5477

MLS Schools

  • School District Name: Cheektowaga-Sloan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Sep 11, 2019
Sold by
Martin Kyle P
Bought by
Parker Robert James
Seller's Agent
Tomasz Racult
eXp Realty
Buyer's Agent
Peter Goldstein
Realty ONE Group Empower
List Price
$130,000
Sold Price
$160,000
Premium/Discount to List
$30,000
23.08%
Current Estimated Value
$261,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,404
Avg. Annual Appreciation
7.61%
Original Mortgage
$152,000
Outstanding Balance
$134,298
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$112,910

Purchase Details

Closed on
Jan 18, 2006
Sold by
Coffman Christopher J and Coffman Cheryl L
Bought by
Martin Kyle P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,531
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1997
Sold by
Dicosola Jeffrey A and Dicosola Valeri
Bought by
Coffmon Chris and Coffmon Cheryl

Purchase Details

Closed on
Jun 28, 1995

Purchase Details

Closed on
Mar 10, 1995
Sold by
Sokolowski Richard A Sokolowsk
Bought by
Dicosola Jeffrey A
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
Parker Robert James $160,000 None Available
Martin Kyle P $125,000 None Available
Coffmon Chris $93,500 --
-- -- --
Dicosola Jeffrey A $87,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Robert James $152,000
Previous Owner Martin Kyle P $107,855
Previous Owner Martin Kyle P $120,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $160,000 +23.1% $93 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $130,000 -- $76 / 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 -- $174,000 $11,000 $163,000
2023 $6,538 $174,000 $11,000 $163,000
2022 $6,420 $174,000 $11,000 $163,000
2021 $6,349 $151,000 $11,000 $140,000
2020 $5,617 $90,000 $10,000 $80,000
2019 $4,079 $90,000 $10,000 $80,000
2018 $4,505 $90,000 $10,000 $80,000
2017 $2,143 $90,000 $10,000 $80,000
2016 $4,390 $90,000 $10,000 $80,000
2015 -- $75,300 $8,900 $66,400
2014 -- $75,300 $8,900 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1212405

Western New York Real Estate Information Services (WNYREIS)

APN: 143089-113-480-0008-007-000