NOT LISTED FOR SALE

Estimated Value: $142,000 - $235,000

5 Beds
4 Baths
2,955 Sq Ft
$68/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2021

Last sale price $156,000 $53 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,088 / mo

68 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating System
  • Balcony
  • Patio
  • Ceiling Fan

About This Home

As of March 2021

Welcome to 547 E. Utica, a large multi-family income property located in the Kingsley Neighborhood, seconds away from multiple bus lines and the 33. This 3 story property boasts 3 units, with one on each level, 2 car garage and ample parking space for tenants. Recent investments into property include updated plumbing, electrical, flooring, furnace, and HVAC- virtually a full tear out and rebuild minus some finishing work. All materials are already present at site to complete work, and can be included in sale. This property's spacious units can easily retain a +10% cap rate for investors , and could also be an attractive and ideal owner-occupied investment. Schedule an appointment to view 547 E. Utica, and don't miss the opportunity to add this income property to your portfolio.

Last Agent to Sell the Property

Jonathan Phillips

Listing by No Office Affiliation License #10401340233 Listed on: 11/18/2020

Last Buyer's Agent

Jessica Walker

Listing by 716 Realty Group WNY LLC License #10401327109

716 Realty Group WNY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 1900

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 35x141
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • 2,955 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 140200-100-510-0001-024-000

Community Details

Overview

  • 3 Units
  • Holland Land Company Subdivision

Building Details

  • 3 Separate Gas Meters
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$806

Year Built

Built in 1900

Lot Details

4,996 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1900
  • Lot Features: Other, Rectangular, Rectangular Lot, See Remarks
  • Subdivision Name: Holland Land Company
  • Directions: Take a right onto E. Utica St. from Humboldt and the 33.
  • Architectural Style: Triplex
  • Flooring: Hardwood, Laminate, Other, See Remarks, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Natural Woodwork
  • Year Built Details: Existing
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.1147
  • Waterfront Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Vinyl Siding, PEX Plumbing
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-100-510-0001-024-000
  • Lot Dimensions: 35X141
  • Lot Size Sq Ft: 4996.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Other - See Remarks

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 27600.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 806.0
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 9, 2021
Sold by
Francis Yolande
Bought by
Williams Daniel
Seller's Agent
Jonathan Phillips
No Office Affiliation
Buyer's Agent
Jessica Walker
716 Realty Group WNY LLC
List Price
$198,000
Sold Price
$156,000
Premium/Discount to List
-$42,000
-21.21%
Current Estimated Value
$200,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,334
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Jul 11, 2016
Sold by
Kislev Llc
Bought by
Gold River Ventures Llc

Purchase Details

Closed on
May 13, 2013
Sold by
Williams Katherine R and Williams Royal H
Bought by
M & M Dearot Inc
Source: Public Records
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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
Williams Daniel $155,900 None Available
Gold River Ventures Llc $90,000 None Available
M & M Dearot Inc $230,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2021 03/18/21 Sold $156,000 -8.2% $53 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
12/03/2020 12/03/20 Price Changed $170,000 -14.1% $58 / Sq Ft
11/18/2020 11/18/20 For Sale $198,000 +120.0% $67 / Sq Ft
08/21/2019 08/21/19 Sold $90,000 -9.9% $30 / Sq Ft View Prior Sale
06/24/2019 06/24/19 Pending -- -- --
05/10/2019 05/10/19 Price Changed $99,900 -9.2% $34 / Sq Ft
04/12/2019 04/12/19 For Sale $110,000 -- $37 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 $241 $174,000 $6,000 $168,000
2024 $241 $43,000 $5,500 $37,500
2023 $223 $43,000 $5,500 $37,500
2022 $229 $43,000 $5,500 $37,500
2021 $845 $45,500 $5,500 $40,000
2020 $845 $43,000 $3,000 $40,000
2019 $845 $30,800 $2,300 $28,500
2018 $183 $30,800 $2,300 $28,500
2017 $183 $30,800 $2,300 $28,500
2016 $183 $30,800 $2,300 $28,500
2015 -- $30,800 $2,300 $28,500
2014 -- $30,800 $2,300 $28,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1308017

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-100-510-0001-024-000

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