NOT LISTED FOR SALE

509 Rice Rd Elma, NY 14059

Estimated Value: $314,000 - $345,000

5 Beds
2 Baths
2,350 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $220,000 $94 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,036/month

162 Days on Market

Highlights

  • Wood Flooring
  • Handicap Accessible
  • Baseboard Heating
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace

About This Home

As of January 2022

Location is the key ! A few miles from the 400 Expressway to this highly sought after town of Elma, with low taxes and Iroquois Schools. This two unit property consists of a first floor 3 bedroom with large living, dining and "other" rooms. Stone front porch. Four (4) attached garage spaces for incredible storage for cars, toys, projects and more!
Enjoy the One acre private yard with mature trees. Super convenient horseshoe blacktopped driveway with extra parking spots. Upstairs 2 bedroom apartment features a large master bedroom, snack bar with stools and washer+ dryer. Roof 2017 on main house and garages.
Make this your own and have the tenant help pay the mortgage !! Motivated seller now, bring an offer!

Last Agent to Sell the Property

Sandra Jerge

Listing by WNY Metro Roberts Realty License #40JE1155026 Listed on: 05/03/2021

WNY Metro Roberts Realty

Last Buyer's Agent

Svetlana Pulinski

Listing by Trank Real Estate License #10401279764

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 1840

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 250 x 196

Parking

  • 4 Car Garage

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Accessible Home Design

  • Handicap Accessible

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 6
  • Assessor Parcel Number 144200-145-000-0002-006-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,341

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Accessibility: Accessible/ANSI - some
  • NY Swis Code: Elma-144200
  • Total Assessed Value: 6200
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 250
  • Lot Dimension Front: 196
  • Lot Information: Agricultural District
  • Lot Number: 6
  • Nearest Cross Street: Seneca Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 195572.94
  • Ratio Close Price By Sq Ft: 93.62
  • Ratio List Price By Acres: 213263.40
  • Ratio List Price By Sq Ft: 102.09
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 992
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 49000
  • Age of Building: 182
  • Year Built: 1840
  • Above Grade Finished Sq Ft: 2350
  • Directions To Property: Transit to Seneca to Rice Road or Clinton to Bowen to Rice Rd
  • Sq Ft Total Pub: 2350
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1840

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some, Sump Pump
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Total Sq Ft: 2350

Exterior Features

  • Construction: Aluminum/Steel, Stone
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 1.1249

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 4.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 144200-145-000-0002-006-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3341

MLS Schools

  • School District Name: Iroquois

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 1999
Sold by
Mcclure John R and Mcclure Kathryn
Bought by
Stone James E and Stone Karen M
Current Estimated Value
$331,033
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stone James E $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $220,000 -8.3% $94 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/04/2021 10/04/21 Price Changed $239,900 -3.7% $102 / Sq Ft
09/14/2021 09/14/21 Price Changed $249,000 -4.2% $106 / Sq Ft
08/29/2021 08/29/21 Price Changed $259,900 -11.9% $111 / Sq Ft
06/21/2021 06/21/21 Price Changed $295,000 -9.2% $126 / Sq Ft
05/03/2021 05/03/21 For Sale $325,000 -- $138 / 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 $3,634 $6,200 $1,500 $4,700
2023 $3,596 $6,200 $1,500 $4,700
2022 $3,550 $6,200 $1,500 $4,700
2021 $3,473 $6,200 $1,500 $4,700
2020 $3,417 $6,200 $1,500 $4,700
2019 $3,183 $6,200 $1,500 $4,700
2018 $3,361 $6,200 $1,500 $4,700
2017 $1,009 $6,200 $1,500 $4,700
2016 $3,216 $6,200 $1,500 $4,700
2015 -- $6,200 $1,500 $4,700
2014 -- $6,200 $1,500 $4,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1334055

Western New York Real Estate Information Services (WNYREIS)

APN: 144200-145-000-0002-006-000