NOT LISTED FOR SALE

Estimated Value: $100,118 - $124,000

3 Beds
2 Baths
804 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $65,500 $81 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $595/month

14 Days on Market

Highlights

  • 0.22 Acre Lot
  • Property is near a bus stop
  • Vinyl Flooring
  • Forced Air Cooling System

About This Home

As of April 2021

Welcome to 559 Tonawanda. A great opportunity for an owner occupant or investor. This is a beautifully maintained fully rented income-generating multi-family property. Professionally managed and cared for, with a tenant that is happy and would like to stay as would the property management. Grab this deal and start making a profit as soon as it closes. Property is being sold as-is.

Last Agent to Sell the Property

Cheyenne Castro-Santos

Listing by Howard Hanna WNY Inc. License #10401301791 Listed on: 01/26/2021

Howard Hanna WNY Inc.

Last Buyer's Agent

Cheyenne Castro-Santos

Listing by Howard Hanna WNY Inc. License #10401301791 Listed on: 01/26/2021

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $792

Year Built

  • Built in 1925

Lot Details

  • 9,520 Sq Ft Lot
  • Lot Dimensions are 140 x 68

Parking

  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 804 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

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 lawn maintenance, snow removal, water
  • Tax Lot 13
  • Assessor Parcel Number 140200-077-730-0002-013-100

Community Details

Overview

  • 2 Units
  • Bird Farm Community
  • Bird Farm Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$792

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 35000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 68
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 13
  • Nearest Cross Street: Hertel
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 299771.17
  • Ratio Close Price By Sq Ft: 81.47
  • Ratio List Price By Acres: 315789.47
  • Ratio List Price By Sq Ft: 85.82
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 313
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9520
  • Age of Building: 97
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 804
  • Directions To Property: GPS to 559 Tonawanda St., it is near the corner of Hertel and Niagara St.
  • Sq Ft Total Pub: 804
  • Subdivision Comm Complex: Bird Farm
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Floor Description: Laminate-Some, Vinyl-Some
  • Total Sq Ft: 804

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2185

Garage/Parking

  • Number of Electric Meters: 2
  • 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
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-077-730-0002-013-100

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 792

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Apr 7, 2021
Sold by
Guadalupe Real Estate & Investments Llc
Bought by
Fmh Collections Llc
Seller's Agent
Cheyenne Castro-Santos
Howard Hanna WNY Inc.
Buyer's Agent
Cheyenne Castro-Santos
Howard Hanna WNY Inc.
List Price
$69,000
Sold Price
$65,500
Premium/Discount to List
-$3,500
-5.07%
Current Estimated Value
$110,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,280
Avg. Annual Appreciation
11.94%

Purchase Details

Closed on
Sep 8, 2011
Sold by
Property Aug 11 Llc
Bought by
Guadalupe Real Estate & Investments Llc

Purchase Details

Closed on
Aug 23, 2011
Sold by
Lenz Thomas
Bought by
Property Aug 11 Llc

Purchase Details

Closed on
Jul 22, 1998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fmh Collections Llc $65,500 None Available
Guadalupe Real Estate & Investments Llc $55,850 None Available
Property Aug 11 Llc $25,000 None Available
-- $2,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $65,500 -5.1% $81 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $69,000 -- $86 / 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 $196 $35,000 $7,000 $28,000
2023 $177 $35,000 $7,000 $28,000
2022 $176 $35,000 $7,000 $28,000
2021 $176 $35,000 $7,000 $28,000
2020 $152 $35,000 $7,000 $28,000
2019 $543 $19,800 $9,500 $10,300
2018 $511 $19,800 $9,500 $10,300
2017 $118 $19,800 $9,500 $10,300
2016 $482 $19,800 $9,500 $10,300
2015 -- $19,800 $9,500 $10,300
2014 -- $19,800 $9,500 $10,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1316572

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-077-730-0002-013-100