$19,500
SOLD MAR 19, 2015
-- Bed
-- Bath
2,674 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

7% Below List Price

44 Days on Market

About This Home

As of February 2018

Wonderful opportunity to grab this 3 unit in Niagara Falls at a great price to add to your portfolio. This 2/1 triplex is great to rent out or live in one unit and rent the others. Come take a look!

Last Agent to Sell the Property

Michael Wilson

Listing by No Office Affiliation License #10491202452 Listed on: 12/01/2014

Last Buyer's Agent

Lawrence Mattison

Listing by No Office Affiliation License #10401244645

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 100 x 60

Interior Spaces

  • 2,674 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 291100-161-013-0007-032-000

Community Details

Overview

  • 3 Units
  • Mile Reserve Community
  • Mile Reserve Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 94
  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 80900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • L P Per Acre: 135000.0000
  • List Price per Sq Ft: 7.0680
  • Nearest Cross Street: Frontier
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 139285.71
  • Ratio Close Price By Sq Ft: 7.29
  • Ratio List Price By Acres: 135000.00
  • Ratio List Price By Sq Ft: 7.07
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1524
  • Sale Price List Price: 1.0317
  • S P Per Acre: 139285.7100
  • S P Per Sq Ft: 7.2900
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 18900.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Buffalo Avenue to 87th, Corner of Frontier
  • Subdivision Comm Complex: MILE RESERVE
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Basement Description: Exterior Walkout, Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 14
  • Total Sq Ft: 2674

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1400

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-161-013-0007-032-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3560

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Apr 20, 2015
Sold by
The Bank Of New York Fka The Bank Of New York
Bought by
Petrotto Jacob L
Seller's Agent
Michael Wilson
No Office Affiliation
Buyer's Agent
Lawrence Mattison
No Office Affiliation
List Price
$20,900
Sold Price
$19,500
Premium/Discount to List
-$1,400
-6.7%
Current Estimated Value
$227,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,624
Avg. Annual Appreciation
25.99%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Silva Lina T
Bought by
The Bank Of New York Trustee

Purchase Details

Closed on
Nov 17, 2014
Sold by
Silva Lina T and Obiacoro Jacques S
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Mar 18, 2004
Sold by
Richard Shears
Bought by
Obiacoro Jaques
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 Type Sale Price Title Company
Deed $19,500 Albert Burruano
Deed -- Leopold & Associates
Referees Deed $500 None Available
Deed $80,900 Richard Juda
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $120,000 -20.0% $45 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $150,000 0.0% $56 / Sq Ft
11/26/2016 11/26/16 Rented $650 0.0% --
10/13/2016 10/13/16 For Rent $650 -7.1% --
07/28/2016 07/28/16 Rented $700 0.0% --
07/28/2016 07/28/16 Under Contract -- -- --
06/07/2016 06/07/16 For Rent $700 0.0% --
03/19/2015 03/19/15 Sold $19,500 -6.7% $7 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $20,900 -- $8 / 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 $1,988 $38,000 $5,000 $33,000
2023 $1,988 $38,000 $5,000 $33,000
2022 $1,112 $38,000 $5,000 $33,000
2021 $1,111 $38,000 $5,000 $33,000
2020 $737 $38,000 $5,000 $33,000
2019 $708 $38,000 $5,000 $33,000
2018 $1,092 $38,000 $5,000 $33,000
2017 $708 $38,000 $5,000 $33,000
2016 $559 $20,000 $5,000 $15,000
2015 -- $20,000 $5,000 $15,000
2014 -- $80,900 $5,000 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B465398

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-161-013-0007-032-000