NOT LISTED FOR SALE

Estimated Value: $457,000 - $557,000

4 Beds
3 Baths
2,467 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $542,000 $220 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,945/month

9 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Patio
  • Property is near public transit
  • 1 Fireplace
  • 4-minute walk to Days Park

About This Home

As of August 2024

Absolutely beautiful, turn-key 3-unit property on one of the best blocks in Allentown. Property features (4) off-street parking spaces accessible from Keep Alley. 1st and 2nd floor apartments rented w/ awesome tenants, 3rd floor is a fully-furnished Airbnb unit that has been in operation for 5+ years with a 4.92 star rating (out of 5) on over 273 reviews, but could also be a regular apartment. All utilities are sub metered per unit and paid for by tenants, except water.

Property was fully renovated 5 years ago including all new services to the property (electric, sewer, gas, water), sitework (sidewalks and parking area), all new electrical and plumbing through every inch of the house (water, drains and gas), tear-off roof, and complete interior remodel. Furnaces and AC condensers are 5 years old and well maintained, hot water tanks are all new within the past year.

Great chance to own a well-renovated property in one of Buffalo's most desirable neighborhoods.

Showings by appointment - Thursday 6/6 (3-7pm), Saturday 6/8 (10am-2pm). Offers accepted starting Sunday 6/9.

Last Agent to Sell the Property

Matt Hartrich

Listing by Schneider Real Estate Services LLC Brokerage Email: matth@schneiderservices.com License #10491208216 Listed on: 06/01/2024

Last Buyer's Agent

Scott Perkins

Listing by Realty ONE Group Empower License #10301223527

Realty ONE Group Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1900

Lot Details

  • 3,342 Sq Ft Lot
  • Lot Dimensions are 25x139
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Triplex
  • Stone Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,467 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Paved Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • The property is located in a historic district

Utilities

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

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 12
  • Assessor Parcel Number 140200-111-210-0007-012-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,781

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: matth@schneiderservices.com
  • Lot Features: Historic District, Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Maryland to Cottage (or just input in Google Maps)
  • Architectural Style: Triplex
  • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Tile, Varies
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 3
  • Stories: 3

Exterior Features

  • Fencing: Partial
  • Acres: 0.0767
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing, PEX Plumbing
  • Exterior Features: Fence, Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Paved, Parking Available, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-111-210-0007-012-000
  • Lot Dimensions: 25X139
  • Lot Size Sq Ft: 3342.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2781.0
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jul 31, 2024
Sold by
58 Cottage Llc
Bought by
Neal Carey
Seller's Agent
Matt Hartrich
Schneider Real Estate Services LLC
Buyer's Agent
Scott Perkins
Realty ONE Group Empower
List Price
$515,000
Sold Price
$542,000
Premium/Discount to List
$27,000
5.24%
Views
45
Current Estimated Value
$528,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,811
Avg. Annual Appreciation
-2.41%
Original Mortgage
$514,900
Outstanding Balance
$509,527
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$18,662

Purchase Details

Closed on
Mar 3, 2017
Sold by
Hartrich Matthew
Bought by
58 Cottage Llc

Purchase Details

Closed on
Jan 12, 2016
Sold by
City Of Buffalo And The City Od Buffalo and Seaman
Bought by
Hartrich Matthew

Purchase Details

Closed on
Sep 16, 2005
Sold by
Dobucki Charles J
Bought by
Culmer Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,878
Interest Rate
5.84%
Mortgage Type
FHA
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
Neal Carey $542,000 Chicago Title Insurance Co
Neal Carey $542,000 Chicago Title Insurance Co
58 Cottage Llc -- --
58 Cottage Llc -- --
58 Cottage Llc -- --
Hartrich Matthew $121,000 None Available
Hartrich Matthew $121,000 None Available
Hartrich Matthew $121,000 None Available
Culmer Jeffrey S $143,000 None Available
Culmer Jeffrey S $143,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Carey $514,900
Closed Neal Carey $514,900
Previous Owner Culmer Jeffrey S $10,509
Previous Owner Culmer Jeffrey S $141,878
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $542,000 +5.2% $220 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $515,000 -- $209 / 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 $799 $185,000 $40,000 $145,000
2023 $799 $230,000 $40,000 $190,000
2022 $986 $230,000 $40,000 $190,000
2021 $986 $230,000 $40,000 $190,000
2020 $616 $230,000 $40,000 $190,000
2019 $2,195 $80,000 $4,500 $75,500
2018 $2,065 $80,000 $4,500 $75,500
2017 $851 $143,000 $4,500 $138,500
2016 $3,481 $143,000 $4,500 $138,500
2015 -- $143,000 $4,500 $138,500
2014 -- $143,000 $4,500 $138,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1542303

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-111-210-0007-012-000