616 Pine Ave Niagara Falls, NY 14301
East Side NeighborhoodEstimated Value: $164,056
6
Beds
--
Bath
6,887
Sq Ft
$24/Sq Ft
Est. Value
Highlights
- 0.29 Acre Lot
- Wood Flooring
- Hot Water Heating System
- Property is near public transit
About This Home
As of July 2023***OWNER WANTS QUICK SALE***GREAT INVESTMENT OPPORTUNITY***WHO WANTS TO BE A PROUD OWNER OF THIS GREAT MANSION?***Full Brick property sits on huge land...50'x165'....3 story building with full solid basement...Contractor, Handy Man Special...***ARCHITECT PLAN IS AVAILABLE***Could be Tourist Home OR Office+5 Apartments***...... Architect Plan is attached..... Restore this great 5+1 unit 1896 BRICK RED BEAUTY..... Solid bones, New roof, Separate electric, Stained-glass windows, High ceilings, Nice hardwood floors and Ample parking in the back with this opportunity... ***WALKING DISTANCE TO CANADIAN BORDER, WORLD FAMOUS NIAGARA FALLS, ALL CONVENIENCES IN THE AREA***...ENJOY THE AMAZING VIEW AND NICE BREEZE FROM THE 3RD FL. APARTMENT PORCH...Fantastic Airbnb potential... Sold "as is"...There are no active utilities in the place... Therefore the seller will not provide sewer water compliance... Bring your BEST OFFER today before it is gone!!!
Last Agent to Sell the Property
Listing by Pioneer Star Real Estate Inc. License #10311200587 Listed on: 04/28/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,912
Year Built
- Built in 1896
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 50x165
Home Design
- Brick Exterior Construction
Interior Spaces
- 6 Bedrooms
- 6,887 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Location
- Property is near public transit
Utilities
- Heating System Uses Gas
- Hot Water Heating System
- Gas Water Heater
Community Details
- 5 Units
Listing and Financial Details
- Tax Lot 60
- Assessor Parcel Number 291100-144-078-0002-060-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2023
Closed on
Jul 12, 2023
Sold by
Led Wu Llc
Bought by
Osman Mohammed
Seller's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
Buyer's Agent
Sugath Liyanage
Pioneer Star Real Estate Inc.
List Price
$150,000
Sold Price
$143,000
Premium/Discount to List
-$7,000
-4.67%
Total Days on Market
6
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,056
Avg. Annual Appreciation
7.46%
Original Mortgage
$40,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 2016
Sold by
Merletti Henry
Bought by
Jeremy Lasgar Jeremy
Similar Home in Niagara Falls, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Osman Mohammed | $140,000 | Chicago Title | |
| Jeremy Lasgar Jeremy | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Osman Mohammed | $40,000 | |
| Closed | Osman Mohammed | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2023 07/11/23 | Sold | $143,000 | -4.7% | $21 / Sq Ft |
| 05/03/2023 05/03/23 | Pending | -- | -- | -- |
| 04/27/2023 04/27/23 | For Sale | $150,000 | +70.5% | $22 / Sq Ft |
| 06/16/2020 06/16/20 | Sold | $88,000 | -11.9% | $13 / Sq Ft |
| 03/19/2020 03/19/20 | Pending | -- | -- | -- |
| 03/18/2020 03/18/20 | For Sale | $99,900 | -- | $15 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
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 | $2,888 | $74,000 | $43,800 | $30,200 |
| 2023 | $2,888 | $74,000 | $43,800 | $30,200 |
| 2022 | $2,165 | $74,000 | $43,800 | $30,200 |
| 2021 | $2,164 | $74,000 | $43,800 | $30,200 |
| 2020 | $1,436 | $74,000 | $43,800 | $30,200 |
| 2019 | $1,379 | $74,000 | $43,800 | $30,200 |
| 2018 | $2,126 | $74,000 | $43,800 | $30,200 |
| 2017 | $1,379 | $74,000 | $43,800 | $30,200 |
| 2016 | $2,606 | $74,000 | $43,800 | $30,200 |
| 2015 | -- | $74,000 | $43,800 | $30,200 |
| 2014 | -- | $74,000 | $43,800 | $30,200 |
Source: Public Records
Agents Affiliated with this Home
-
Pushpa Gunatilake
P
Seller's Agent in 2023
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
(716) 907-3046
18 in this area
404 Total Sales
-
Sugath Liyanage
Seller Co-Listing Agent in 2023
Sugath Liyanage
Pioneer Star Real Estate Inc.
(716) 689-7250
5 in this area
265 Total Sales
-
Todd Vanderlip
Seller's Agent in 2020
Todd Vanderlip
Park Realty of WNY LLC
(716) 563-2166
4 in this area
167 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1467452
APN: 291100-144-078-0002-060-000
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