NOT LISTED FOR SALE

5605 Scherff Rd Orchard Park, NY 14127

Estimated Value: $452,401 - $516,000

6 Beds
2 Baths
3,374 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $310,000 $92 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,334/month

8 Days on Market

Highlights

  • 1.61 Acre Lot
  • Wood Flooring
  • Balcony
  • Ellicott Road Elementary School Rated A
  • 3 Fireplaces
  • Baseboard Heating

About This Home

As of February 2021

Rare opportunity to own a large 2-Family property on over 1.5 acres of land in Orchard Park. This ALL brick Double has many uses- income property, as a guest or in-law set up, or as a Single-Family residence. The possibilities are endless. Home is move-in ready- with many updates and features. During 2020, the following was updated sump pump, electric, HWT for upper. Water backup to sump ‘17, tear off roof ‘05, updated half bath. All bedrooms are a nice size with hardwood floors, stone fireplaces in each unit, large kitchens with islands and eat-in breakfast rooms, new carpets, and recently painted. 2 boilers serviced annually and 3 fireplaces. This is a MUST-SEE property that can be your home or used to rent out and get cash flow.

Last Agent to Sell the Property

Nancy Reimann

Listing by Iconic Real Estate License #10301201552 Listed on: 11/14/2020

Last Buyer's Agent

Ann Edwards

Listing by Keller Williams Realty WNY License #10301218203

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,517

Year Built

  • Built in 1958

Lot Details

  • 1.61 Acre Lot
  • Lot Dimensions are 505 x 150
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 3,374 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 146089-185-140-0002-021-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,517

Year Built

Built in 1958

Lot Details

0

Listing Details

  • NY Swis Code: Orchard Park-146089
  • Total Assessed Value: 126400
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 505
  • Lot Dimension Front: 150
  • Lot Information: Primary Road
  • Lot Number: 21
  • Lot Shape: Rectangular
  • Nearest Cross Street: Powers
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 192546.58
  • Ratio Close Price By Sq Ft: 91.88
  • Ratio List Price By Acres: 173291.93
  • Ratio List Price By Sq Ft: 82.69
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt, Flat
  • School Tax: 4684
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 70132
  • Age of Building: 64
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 3374
  • Directions To Property: 219 to Ellicott. Right on Scherff.
  • Sq Ft Total Pub: 3374
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Laundry-Common, Storage
  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 3
  • Number of Fireplaces Woodburning: 2
  • Total Sq Ft: 3374

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Balcony
  • Number of Acres: 1.6100

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Orchard Park

Lot Info

  • Parcel Number: 146089-185-140-0002-021-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 8517

MLS Schools

  • School District Name: Orchard Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jan 21, 2021
Sold by
Sears Dennis P
Bought by
Daily Alex R and Drozdiel Kathryn E
Seller's Agent
Nancy Reimann
Iconic Real Estate
Buyer's Agent
Ann Edwards
Keller Williams Realty WNY
List Price
$279,000
Sold Price
$310,000
Premium/Discount to List
$31,000
11.11%
Current Estimated Value
$486,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,100
Avg. Annual Appreciation
10.13%
Original Mortgage
$248,000
Outstanding Balance
$215,413
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$270,687

Purchase Details

Closed on
Oct 18, 1995
Sold by
Cercone Carmen G
Bought by
Sears Dennis P and Sears Catherine M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
Daily Alex R $310,000 Stewart Title
Sears Dennis P $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daily Alex R $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $310,000 +11.1% $92 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $279,000 -- $83 / 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 -- $126,400 $9,100 $117,300
2023 $8,963 $126,400 $9,100 $117,300
2022 $8,739 $126,400 $9,100 $117,300
2021 $8,814 $126,400 $9,100 $117,300
2020 $7,978 $126,400 $9,100 $117,300
2019 $7,123 $126,400 $9,100 $117,300
2018 $7,626 $126,400 $9,100 $117,300
2017 $3,397 $126,400 $9,100 $117,300
2016 $7,186 $126,400 $9,100 $117,300
2015 -- $126,400 $9,100 $117,300
2014 -- $126,400 $9,100 $117,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1307770

Western New York Real Estate Information Services (WNYREIS)

APN: 146089-185-140-0002-021-000