NOT LISTED FOR SALE

60 Waite Ave Salamanca, NY 14779

Estimated Value: $74,000 - $86,000

4 Beds
2 Baths
1,698 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $34,520 $20 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $473/month

125 Days on Market

About This Home

As of February 2016

Excellent opportunity! Upper/Lower Multi-Unit with established rental history! Newer Roof. Upper Unit rents for $400/month and lower unit rents for $425/month. Property can be purchased individually or as part of an investment package.

Last Agent to Sell the Property

Ciji VanDyke

Listing by RE/MAX On Point License #40SH1133987 Listed on: 04/21/2015

RE/MAX On Point

Co-Listed By

Todd VanDyke

Listing by RE/MAX On Point License #10491212754

Last Buyer's Agent

Dario Peynado

Listing by No Office Affiliation License #10401249779

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 139 x 32

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,698 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Flooring

  • Wood
  • Linoleum
  • Laminate

Parking

  • No Garage
  • Stone Driveway
  • On-Street Parking

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041600-073-079-0007-046-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,201

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 105
  • NY Swis Code: Salamanca-City-041600
  • Total Assessed Value: 5985
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 139
  • Lot Dimension Front: 32
  • Lot Information: Neighborhood Street, On Reservation, Secondary Road
  • L P Per Acre: 399000.0000
  • List Price per Sq Ft: 23.4982
  • Nearest Cross Street: South Avenue
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 345200.00
  • Ratio Close Price By Sq Ft: 20.33
  • Ratio List Price By Acres: 399000.00
  • Ratio List Price By Sq Ft: 23.50
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 403
  • Sale Price List Price: 0.8651
  • S P Per Acre: 345200.0000
  • S P Per Sq Ft: 20.3300
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 39900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: From Broad Street: Turn right onto Division Street followed by a left onto Jefferson Street. Turn right onto Waite Avenue. Home is on the right. Look for sign.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Laminate-Some, Linoleum/Vinyl, Wood-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 8
  • Total Sq Ft: 1698

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1000

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel, Street

Utilities

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

Schools

  • School District: Salamanca

Lot Info

  • Parcel Number: 041600-073-079-0007-046-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1201

MLS Schools

  • School District Name: Salamanca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
Feb 22, 2016
Sold by
Eberle Holdings Llc
Bought by
Garces Oscar
Seller's Agent
Ciji VanDyke
RE/MAX On Point
Buyer's Agent
Dario Peynado
No Office Affiliation
List Price
$39,900
Sold Price
$34,520
Premium/Discount to List
-$5,380
-13.48%
Current Estimated Value
$79,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,117
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Sep 11, 2008
Sold by
Follman Robert
Bought by
Eberle Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2005
Sold by
Follman Robert C
Bought by
Follman Robert
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
Garces Oscar $34,520 Kathleen Moriarty
Eberle Dean $22,500 Thomas Rickert
Follman Robert -- Ronald D. Ploetz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eberle Dean $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $34,520 -13.5% $20 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $39,900 -- $23 / 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 $469 $5,985 $350 $5,635
2023 $470 $5,985 $350 $5,635
2022 $488 $5,985 $350 $5,635
2021 $517 $5,985 $350 $5,635
2020 $516 $5,985 $350 $5,635
2019 $183 $5,985 $350 $5,635
2018 $853 $5,985 $350 $5,635
2017 $610 $5,985 $350 $5,635
2016 $589 $5,985 $350 $5,635
2015 -- $5,985 $350 $5,635
2014 -- $5,985 $350 $5,635
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B472894

Western New York Real Estate Information Services (WNYREIS)

APN: 041600-073-079-0007-046-000-0000