NOT LISTED FOR SALE

509 E Utica St Buffalo, NY 14208

Masten Park Neighborhood

Estimated Value: $97,000 - $168,830

6 Beds
2 Baths
2,976 Sq Ft
$44/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $24,000 $8 Per Sq Ft

Est. 449% increase in value since last sale

Current estimated payment $736/month

10 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • Full Attic

About This Home

As of March 2016

The income property you have been waiting for. Perched on the edge of the Hamlin Park Historic District with rapidly appreciating home values. Property is fully rented to happy tenants

Last Agent to Sell the Property

Scott Akdogan

Listing by No Office Affiliation License #10401221595 Listed on: 08/27/2015

Last Buyer's Agent

Renee J. Moran

Listing by Red Door Real Estate WNY LLC License #10491202951

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 142 x 30

Home Design

  • Duplex

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Parking

  • No Garage
  • No 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
  • Assessor Parcel Number 140200-100-510-0001-011-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 115
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 30400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 142
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 280000.0000
  • List Price per Sq Ft: 9.4086
  • Nearest Cross Street: Kensington
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 240000.00
  • Ratio Close Price By Sq Ft: 8.06
  • Ratio List Price By Acres: 280000.00
  • Ratio List Price By Sq Ft: 9.41
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • Sale Price List Price: 0.8571
  • S P Per Acre: 240000.0000
  • S P Per Sq Ft: 8.0600
  • Sub Board Code: Buffalo
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 28000.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: right off Kennsington
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2976

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1000

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

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: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-100-510-0001-011-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 7934

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Mar 7, 2016
Sold by
Dealrot Associates Llc
Bought by
Mekrm Group Llc
Seller's Agent
Scott Akdogan
No Office Affiliation
Buyer's Agent
Renee J. Moran
Red Door Real Estate WNY LLC
List Price
$28,000
Sold Price
$24,000
Premium/Discount to List
-$4,000
-14.29%
Current Estimated Value
$131,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,708
Avg. Annual Appreciation
18.55%

Purchase Details

Listed on
Aug 27, 2015
Closed on
Feb 19, 2016
Seller's Agent
Scott Akdogan
No Office Affiliation
Buyer's Agent
Renee J. Moran
Red Door Real Estate WNY LLC
List Price
$28,000
Sold Price
$24,000
Premium/Discount to List
-$4,000
-14.29%
Source: Public Records

Range of Values:

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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
Mekrm Group Llc $77,000 None Available
-- $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newton Lolita E $4,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2016 03/08/16 Sold $24,000 -14.3% $8 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $28,000 -- $9 / 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 $243 $48,000 $2,000 $46,000
2023 $243 $48,000 $2,000 $46,000
2022 $241 $48,000 $2,000 $46,000
2021 $241 $48,000 $2,000 $46,000
2020 $234 $48,000 $2,000 $46,000
2019 $834 $30,400 $2,100 $28,300
2018 $785 $30,400 $2,100 $28,300
2017 $181 $30,400 $2,100 $28,300
2016 $740 $30,400 $2,100 $28,300
2015 -- $30,400 $2,100 $28,300
2014 -- $30,400 $2,100 $28,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Scott Akdogan

    No Office Affiliation

    Section Image
  • Renee J. Moran

    Buyer's Agent in 2016

    Renee J. Moran

    Red Door Real Estate WNY LLC

    (716) 866-8361

    9 in this area

    275 Total Sales

    Renee J. Moran
    Section Image
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Map

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

MLS Number: B483833

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-100-510-0001-011-000

New York Erie County Buffalo 14208 Masten Park

509 E Utica St, Buffalo, NY

This home is located at 509 E Utica St, Buffalo, NY 14208 since 27 August 2015 and is currently estimated at $131,708, approximately $44 per square foot. This property was built in 1900. 509 E Utica St is a home located in Erie County.

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