NOT LISTED FOR SALE

Estimated Value: $871,952

Studio
-- Bath
6,128 Sq Ft
$142/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2020

Last sale price $600,000 $98 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,878 / mo

179 Days on Market

Highlights

  • Property is near public transit
  • 4 Fireplaces
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Woodwork
  • Baseboard Heating

About This Home

As of October 2020

Rare investment opportunity to own in the historic Olmsted's Gates Circle area. Prime location, zoned commercial & is a mixed use building. 1st fl is a perfect location for a law office, medical/dental office, accounting office, retail space, etc., offering great exposure & ample parking. 2nd fl has a 3 bed apartment, 3rd fl has a 2 bed & a studio apartments. This property has great charm: Beautifully hrdwd floor & wdwrk, lead/stained glass, pocket & French doors, library, porches & decorative fireplaces. Some updated mechanics. Off street parking for 8 cars. With 3 apartments in the building what better way for a business owner to have the tenants pay your mortgage. This highly desirable neighborhood is an incredible opportunity for any business owner or investor! Also listed as Commerical MLS#: B1233558

Last Agent to Sell the Property

Peggy Kirk

Listing by Gurney Becker & Bourne License #10401237536 Listed on: 12/13/2019

Co-Listed By

Paul Pazderski

Listing by Gurney Becker & Bourne License #40PA1030652

Last Buyer's Agent

Mike Maywalt

Listing by Maywalt Realty Group License #37MA1173652

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,730

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 87x140
  • Irregular Lot

Home Design

  • Quadruplex
  • Mixed Use
  • Brick Exterior Construction
  • Stone Foundation
  • Frame Construction
  • Copper Plumbing

Interior Spaces

  • 6,128 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • 4 Fireplaces
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Parking

  • 2 Parking Spaces
  • Paved Parking

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes gardener, snow removal, trash collection, water
  • Tax Lot 36
  • Assessor Parcel Number 140200-089-790-0003-036-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,730

Year Built

Built in 1910

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Business Type: Mixed
  • Property Sub Type: Mixed Use
  • Property Type: Residential
  • Rent Includes: Gardener, Other, See Remarks, Snow Removal, Trash Collection, Water
  • Year Built: 1910
  • Lot Features: Irregular Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Co List Office Mls Id: GURN01
  • Co List Office Phone: 716-849-1234
  • Directions: Gates Circle (Delaware Ave) between Lafayette Ave and W Delavan Ave.
  • Architectural Style: Fourplex
  • Flooring: Hardwood, Tile, Varies
  • Interior Features: Natural Woodwork
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Fireplaces: 4
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Brick, Frame, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Baseboard, Forced Air, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-089-790-0003-036-000
  • Lot Dimensions: 87X140
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 6730.0
  • Tax Lot: 36

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2023
Sold by
Bought by
Current Estimated Value
$871,952

Purchase Details

Listed on
Dec 13, 2019
Closed on
Oct 1, 2020
Sold by
Bought by
Seller's Agent
Peggy Kirk
Gurney Becker & Bourne
Buyer's Agent
Mike Maywalt
Maywalt Realty Group
List Price
$679,000
Sold Price
$600,000
Premium/Discount to List
-$79,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$1,300,000
Outstanding Balance
$1,137,831
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$265,879

Purchase Details

Closed on
Aug 20, 2012
Sold by
Bought by
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$600,000 None Available
$600,000 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $600,000 -11.6% $98 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $679,000 +13.2% $111 / Sq Ft
04/17/2020 04/17/20 Off Market $600,000 -- --
12/13/2019 12/13/19 For Sale $679,000 0.0% $111 / Sq Ft
04/26/2018 04/26/18 Rented $800 0.0% --
04/13/2018 04/13/18 Under Contract -- -- --
01/26/2018 01/26/18 For Rent $800 -- --
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,354 $586,200 $125,500 $460,700
2024 $2,354 $420,000 $52,300 $367,700
2023 $2,183 $420,000 $52,300 $367,700
2022 $2,112 $420,000 $52,300 $367,700
2021 $2,112 $420,000 $52,300 $367,700
2020 $1,347 $420,000 $52,300 $367,700
2019 $6,730 $175,000 $34,300 $140,700
2018 $6,221 $175,000 $34,300 $140,700
2017 $6,057 $175,000 $34,300 $140,700
2015 -- $175,000 $34,300 $140,700
2014 -- $175,000 $34,300 $140,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1242355

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-089-790-0003-036-000

Your Personal Tour Guide

Ask me questions while you tour the home.