NOT LISTED FOR SALE

5000 Salt Rd Clarence, NY 14031

Estimated Value: $337,000 - $495,000

5 Beds
3 Baths
3,360 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $220,000 $65 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,784/month

45 Days on Market

Highlights

  • Barn
  • 1.5 Acre Lot
  • 1 Fireplace
  • Ledgeview Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of January 2016

UNIQUE INVESTMENT PROPERTY PERFECT FOR A SMALL BUSINESS. INCOME POTENTIAL COULD BE OVER $4000 PER MONTH. THREE UNIT MAIN HOUSE. 42'X40' 3 BAY GARAGE WITH OFFICE AREA. 2400 SQ/FT POLE BARN. UPDATES INCLUDE: CONCRETE DRIVEWAY (2012), ROOF (2012), 50 GALLON HOT WATER TANK (2012), ATTIC INSULATION, VINYL PRIVACY FENCE, COMPLETELY UPDTAED, NEW TWO TANK SEPTIC SYSTEM (2012). ALL KITCHEN APPLIANCES INCLUDED.

Last Agent to Sell the Property

Matt Paul

Listing by eXp Realty License #10301219040 Listed on: 06/29/2015

eXp Realty

Last Buyer's Agent

Joshua John

Listing by WNY Metro Roberts Realty License #10301223546

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,684

Year Built

  • Built in 1920

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 450 x 13
  • Partially Fenced Property
  • Irregular Lot

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Leaded Glass Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Schools

  • Ledgeview Elementary School
  • Clarence Middle School
  • Clarence Senior High School

Farming

  • Barn

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes cooking gas, heat, refuse removal, snow removal, water
  • Assessor Parcel Number 143200-072-060-0006-027-000

Community Details

Overview

  • 3 Units

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,684

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • Age: 95
  • NY Swis Code: Clarence-143200
  • Total Assessed Value: 112800
  • Foundation Description: Block, Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 450
  • Lot Dimension Front: 13
  • Lot Shape: Irregular
  • L P Per Acre: 153266.6667
  • List Price per Sq Ft: 68.4226
  • Nearest Cross Street: MAIN
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 146666.67
  • Ratio Close Price By Sq Ft: 65.48
  • Ratio List Price By Acres: 153266.67
  • Ratio List Price By Sq Ft: 68.42
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Cooking Gas, Heat, Refuse Removal, Snow Removal, Water
  • School Tax: 1669
  • Sale Price List Price: 0.9569
  • S P Per Acre: 146666.6667
  • S P Per Sq Ft: 65.4800
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 229900.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: ON SALT ROAD
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Leaded Glass - some, Pex Plumbing- Some
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Disposal, Oven/Range Electric-Some, Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Number of Fireplaces Not Repto Code: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Rooms: 8
  • Total Sq Ft: 3360

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Partially Fenced Yard, Patio
  • Number of Acres: 1.5000

Garage/Parking

  • Number of Electric Meters: 5
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Clarence
  • Elementary School: Ledgeview Elementary
  • Middle School: Clarence Middle
  • High School: Clarence Senior High

Green Features

  • Energystar: Appliances

Lot Info

  • Parcel Number: 143200-072-060-0006-027-000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Leased

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2684

MLS Schools

  • Elementary School Name: Ledgeview Elementary
  • High School Name: Clarence Senior High
  • Middle School Name: Clarence Middle
  • School District Name: Clarence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Dec 9, 2015
Sold by
Paul Laurence P and Paul Matthew J
Bought by
Savage Chad M
Seller's Agent
Matt Paul
eXp Realty
Buyer's Agent
Joshua John
WNY Metro Roberts Realty
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
Current Estimated Value
$420,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,732
Avg. Annual Appreciation
7.32%
Original Mortgage
$216,015
Outstanding Balance
$172,577
Interest Rate
3.77%
Mortgage Type
FHA
Estimated Equity
$262,913

Purchase Details

Listed on
Oct 24, 2011
Closed on
Mar 2, 2012
Sold by
Kiener Susan
Bought by
Paul Laurenee P and Paul Matthews J
Seller's Agent
Dana David
Howard Hanna WNY Inc.
Buyer's Agent
Dana David
Howard Hanna WNY Inc.
List Price
$169,500
Sold Price
$150,000
Premium/Discount to List
-$19,500
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
Mar 2, 2006
Sold by
Kiener Susan
Bought by
Kiener Susan
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
Savage Chad M $220,000 Stewart Title Insurance Co
Paul Laurenee P $150,000 None Available
Kiener Susan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Chad M $80,000
Open Savage Chad M $216,015
Previous Owner Kiener Susan $18,204
Previous Owner Kiener John B $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $220,000 -4.3% $65 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $229,900 +53.3% $68 / Sq Ft
03/26/2012 03/26/12 Sold $150,000 -11.5% $45 / Sq Ft
10/24/2011 10/24/11 Pending -- -- --
10/24/2011 10/24/11 For Sale $169,500 -- $50 / 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 -- $310,000 $75,800 $234,200
2023 $5,952 $234,000 $75,500 $158,500
2022 $4,739 $234,000 $75,500 $158,500
2021 $4,721 $234,000 $75,500 $158,500
2020 $4,885 $220,000 $51,700 $168,300
2019 $5,545 $220,000 $51,700 $168,300
2018 $4,812 $220,000 $51,700 $168,300
2017 $3,303 $155,000 $51,700 $103,300
2016 $3,583 $155,000 $51,700 $103,300
2015 -- $155,000 $51,700 $103,300
2014 -- $112,800 $51,700 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B479277

Western New York Real Estate Information Services (WNYREIS)

APN: 143200-072-060-0006-027-000