NOT LISTED FOR SALE

5998 Ide Rd Newfane, NY 14108

Estimated Value: $157,000 - $274,000

5 Beds
3 Baths
2,040 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $45,000 $22 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $1,402/month

136 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Rectangular Lot
  • Full Attic
  • Baseboard Heating
  • Partially Fenced Property

About This Home

As of May 2014

Nicely maintained 3-unit building in Newfane Village. All units are 1-bedroom. They each contain gas oven/ranges & refrigerators. There are 3 furnaces & 3 hot water tanks, also gas. The rents per month are $400 each, for a total income of $1,200 per month. The rents include water & electric. Price reflects new roof being put on Jan/Feb 2012.

Last Agent to Sell the Property

Daniel Reid

Listing by No Office Affiliation License #10301201008 Listed on: 09/25/2013

Last Buyer's Agent

Wayne Malcomb

Listing by HUNT Real Estate Corporation License #10301223360

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 152 x 57
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Stone Foundation

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Full Attic

Flooring

  • Wood
  • Linoleum

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 292800-038-012-0001-009-000

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 3 Separate Gas Meters
  • Operating Expense $2,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 73
  • Annual Operating Expenses: 2900
  • NY Swis Code: Newfane-292800
  • Total Assessed Value: 63600
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 152
  • Lot Dimension Front: 57
  • Lot Shape: Rectangular
  • L P Per Acre: 225000.0000
  • List Price per Sq Ft: 22.0588
  • Nearest Cross Street: Main Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 225000.00
  • Ratio Close Price By Sq Ft: 22.06
  • Ratio List Price By Acres: 225000.00
  • Ratio List Price By Sq Ft: 22.06
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1697
  • Sale Price List Price: 1.0000
  • S P Per Acre: 225000.0000
  • S P Per Sq Ft: 22.0600
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 45000.00
  • Year Built Description: Existing
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Main Street to Ide Road. Property is on the left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Attic Description: Full
  • Basement Description: Partial
  • Floor Description: Linoleum/Vinyl, Wood-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2040

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.2000

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 1
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some, Hot Water
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Newfane
  • Elementary School: Other - See Remarks

Lot Info

  • Parcel Number: 292800-038-012-0001-009-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3355

MLS Schools

  • School District Name: Newfane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Rowles William K
Bought by
Rowles William K and Rowles Julia
Current Estimated Value
$211,372

Purchase Details

Closed on
Feb 20, 2020
Sold by
Rowles William K
Bought by
Rowles William K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,380
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 25, 2013
Closed on
Apr 15, 2014
Sold by
Unterweger Peter M and Unterweger Karen A
Bought by
Rowles William K and Rowles Julia
Seller's Agent
Daniel Reid
No Office Affiliation
Buyer's Agent
Wayne Malcomb
HUNT Real Estate Corporation
List Price
$65,500
Sold Price
$45,000
Premium/Discount to List
-$20,500
-31.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rowles William K -- None Listed On Document
Rowles William K $85,000 Amrock Inc
Rowles William K $45,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rowles William K $138,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $45,000 -31.3% $22 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
09/25/2013 09/25/13 For Sale $65,500 -- $32 / 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 $2,995 $63,600 $8,300 $55,300
2023 $2,995 $63,600 $8,300 $55,300
2022 $3,182 $63,600 $8,300 $55,300
2021 $3,163 $63,600 $8,300 $55,300
2020 $2,147 $63,600 $8,300 $55,300
2019 $3,492 $63,600 $8,300 $55,300
2018 $3,648 $63,600 $8,300 $55,300
2017 $3,492 $63,600 $8,300 $55,300
2016 $3,577 $63,600 $8,300 $55,300
2015 -- $63,600 $8,300 $55,300
2014 -- $63,600 $8,300 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B439275

Western New York Real Estate Information Services (WNYREIS)

APN: 292800-038-012-0001-009-000