NOT LISTED FOR SALE

5227 Transit Rd Depew, NY 14043

Estimated Value: $166,000 - $205,000

6 Beds
2 Baths
1,647 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $100,900 $61 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,260/month

6 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Depew High School Rated A-
  • Property is near a bus stop

About This Home

As of January 2021

GREAT INCOME POTENIAL FOR THIS 2 UNIT HOME IN DEPEW SCHOOLS* LOWER HAS 3 BEDROOMS AND 1 FULL BATH WITH LONG TERM TENANTS THAT WOULD LIKE TO STAY. UPSTAIRS WILL BE VACATED BY END OF YEAR. OFF STREET PARKING, WALKING DISTANCE TO SHOPPING, SCHOOLS AND BUS STOPS.SEPARATE LAUNDRY HOOK UPS IN BASEMENT. FULL WALK UP ATTIC FOR POTENTIAL LIVING/STORAGE SPACE . ROOF IS 6 YEARS OLD, EVERYTHING IN WORKING ORDER. NEEDS SOME TLC. CASH OR CONVENTIONAL MORTGAGE BUYERS ONLY, "AS IS"- ADDITIONAL LOT INCLUDED IN SALE W/DIMENSIONS OF 30X103-SBL- 145201-115-050-001-08-0000.

****24 hr notice required for showings. Showings appts are available on the following days/times: Tues, Wed, Thurs 4-7. Saturdays: Any time. ****

Last Agent to Sell the Property

Tina Spyres

Listing by HUNT Real Estate Corporation License #40SP0867379 Listed on: 11/12/2020

HUNT Real Estate Corporation

Last Buyer's Agent

Nicole Robbins

Listing by No Office Affiliation License #10401342812

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1900

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 90 x 60
  • Irregular Lot

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,647 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • 2 Car Garage
  • 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 water
  • Tax Lot 26
  • Assessor Parcel Number 145201-115-050-0001-026-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,432

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Depew Village-Lancaster-145201
  • Total Assessed Value: 62000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 90
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line
  • Lot Number: 26
  • Lot Shape: Irregular
  • Nearest Cross Street: Broadway
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 813709.68
  • Ratio Close Price By Sq Ft: 61.26
  • Ratio List Price By Acres: 805645.16
  • Ratio List Price By Sq Ft: 60.66
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1445
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: Depew-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 5400
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1647
  • Directions To Property: Off of Broadway
  • Sq Ft Total Pub: 1647
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full, Unfinished
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1647

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1240

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Depew

Lot Info

  • Parcel Number: 145201-115-050-0001-026-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3432

MLS Schools

  • School District Name: Depew

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 8, 2021
Sold by
Cherven Michael D
Bought by
Goss William and Goss Mary E
Seller's Agent
Tina Spyres
HUNT Real Estate Corporation
Buyer's Agent
Nicole Robbins
No Office Affiliation
List Price
$99,900
Sold Price
$100,900
Premium/Discount to List
$1,000
1%
Current Estimated Value
$182,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,352
Avg. Annual Appreciation
13.41%
Original Mortgage
$75,675
Outstanding Balance
$67,722
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$114,530

Purchase Details

Closed on
Apr 30, 1997

Purchase Details

Closed on
May 1, 1996
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
Goss William $100,900 None Available
Goss William $100,900 None Available
-- $225 --
-- $225 --
-- $45,064 --
-- $45,064 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goss William $75,675
Closed Goss William $75,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $100,900 +1.0% $61 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $99,900 -- $61 / 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 -- $80,000 $22,300 $57,700
2023 $3,527 $80,000 $22,300 $57,700
2022 $3,257 $80,000 $22,300 $57,700
2021 $2,321 $80,000 $22,300 $57,700
2020 $3,346 $80,000 $22,300 $57,700
2019 $2,276 $62,000 $10,300 $51,700
2018 $3,303 $62,000 $10,300 $51,700
2017 $884 $62,000 $10,300 $51,700
2016 $3,170 $62,000 $10,300 $51,700
2015 -- $62,000 $10,300 $51,700
2014 -- $62,000 $10,300 $51,700
Source: Public Records

Agents Affiliated with this Home

  • Tina Spyres

    Seller's Agent in 2021

    Tina Spyres

    Hunt Real Estate

    (716) 913-9691

    11 in this area

    91 Total Sales

    Tina Spyres
    Section Image

  • N

    Buyer's Agent in 2021

    Nicole Robbins

    No Office Affiliation

See All Agents

Map

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

MLS Number: B1307531

Western New York Real Estate Information Services (WNYREIS)

APN: 145201-115-050-0001-026-000

New York Erie County Depew 14043

5227 Transit Rd, Depew, NY

This home is located at 5227 Transit Rd, Depew, NY 14043 since 12 November 2020 and is currently estimated at $182,252, approximately $110 per square foot. This property was built in 1900. 5227 Transit Rd is a home located in Erie County with nearby schools including Cayuga Heights Elementary School, Depew Middle School, and Depew High School.

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