NOT LISTED FOR SALE

Estimated Value: $223,000 - $275,000

6 Beds
2 Baths
2,528 Sq Ft
$99/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $79,000 $31 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,383/month

85 Days on Market

Highlights

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

About This Home

As of March 2014

Great investment property or owner occupied. 3 Bedroom in each apartment, wood exterior of home was painted in 2012. Lower apartment kitchen has been updated, wall to wall carpet in lower, hardwood floors in upper, artificial fireplaces in both apartments. Close to bus line, no flood insurance required. Tenants need 24 hr. notice to show.

Last Agent to Sell the Property

Steven Simme

Listing by Keller Williams Realty Lancaster License #10301217723 Listed on: 09/16/2013

Keller Williams Realty Lancaster

Last Buyer's Agent

Nancy Reimann

Listing by Iconic Real Estate License #10301201552

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 103 x 34

Interior Spaces

  • 2,528 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

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 grounds maintenance, lawn maintenance, no utilities, refuse removal, snow removal, water
  • Assessor Parcel Number 140200-123-800-0007-004-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,822

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 93
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 77700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 103
  • Lot Dimension Front: 34
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 1061250.0000
  • List Price per Sq Ft: 33.5838
  • Nearest Cross Street: Abbott Rd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 987500.00
  • Ratio Close Price By Sq Ft: 31.25
  • Ratio List Price By Acres: 1061250.00
  • Ratio List Price By Sq Ft: 33.58
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, No Utilities, Refuse Removal, Snow Removal, Water
  • Sale Price List Price: 0.9305
  • S P Per Acre: 987500.0000
  • S P Per Sq Ft: 31.2500
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 84900.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Abbott Rd. to Stevenson, right before Cumberland
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2528

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0800

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: 140200-123-800-0007-004-000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1822

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2013
Closed on
Mar 13, 2014
Sold by
Jarvis Loraine A and Flattery Lorraine A
Bought by
Palaganas Tyrone and Palaganas Jennifer Balus
Seller's Agent
Steven Simme
Keller Williams Realty Lancaster
Buyer's Agent
Nancy Reimann
Iconic Real Estate
List Price
$79,900
Sold Price
$79,000
Premium/Discount to List
-$900
-1.13%
Current Estimated Value
$249,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,388
Avg. Annual Appreciation
10.40%
Original Mortgage
$59,250
Outstanding Balance
$45,413
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$200,689
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
Palaganas Tyrone $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palaganas Tyrone $59,250
Previous Owner Flattery Lorlaaine A $76,545
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $79,000 -1.1% $31 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $79,900 -- $32 / 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 $664 $131,000 $9,700 $121,300
2023 $664 $131,000 $9,700 $121,300
2022 $659 $131,000 $9,700 $121,300
2021 $659 $131,000 $9,700 $121,300
2020 $598 $131,000 $9,700 $121,300
2019 $2,132 $77,700 $5,200 $72,500
2018 $2,006 $77,700 $5,200 $72,500
2017 $462 $77,700 $5,200 $72,500
2016 $1,891 $77,700 $5,200 $72,500
2015 -- $77,700 $5,200 $72,500
2014 -- $77,700 $5,200 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B438692

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-123-800-0007-004-000