NOT LISTED FOR SALE

616 Walnut Ave Niagara Falls, NY 14301

East Side Neighborhood

Estimated Value: $78,000 - $111,000

6 Beds
2 Baths
2,120 Sq Ft
$43/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $48,000 $23 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $603/month

101 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop

About This Home

As of May 2018

Excellent Income Property. Well kept Duplex, upper & lower units, 3 bedrooms, 1 bath each. Updated. Rent out both or use 1 for occupancy & let the rent from the other unit pay the mortgage. Close to all city amenities.Rents: $550 each. Garage: $40. Lower apartment is currently rented. Upper apartment needs some tlc. Owner has another property that could be sold as a package, see ML# B1078729.

Last Agent to Sell the Property

Vera Daly

Listing by Howard Hanna WNY Inc. License #40DA0820327 Listed on: 10/27/2017

Howard Hanna WNY Inc.

Last Buyer's Agent

Karen Deutschlander

Listing by Century 21 North East License #10401246961

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1910

Lot Details

  • 2,376 Sq Ft Lot
  • Lot Dimensions are 99 x 24

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 2 Car Garage
  • Shared Driveway

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities, water
  • Tax Lot 17
  • Assessor Parcel Number 291100-159-022-0001-017-000

Community Details

Overview

  • 2 Units
  • Mile Reserve Community
  • Mile Reserve Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,209

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 26300
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 99
  • Lot Dimension Front: 24
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 17
  • Nearest Cross Street: 7th St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 880733.94
  • Ratio Close Price By Sq Ft: 22.64
  • Ratio List Price By Acres: 1007339.45
  • Ratio List Price By Sq Ft: 25.90
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities, Water
  • School Tax: 510
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2376
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Main to Walnut.
  • Subdivision Comm Complex: Mile Reserve
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Total Sq Ft: 2120

Exterior Features

  • Construction: Shake Shingle
  • Number of Acres: 0.0545

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Shared

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Municipal Electric
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-159-022-0001-017-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1209

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Apr 21, 2018
Sold by
Chatterjee Sumita
Bought by
Thurston Wilson Investments Llc and Silver Bell Property Mgmt Llc
Seller's Agent
Vera Daly
Howard Hanna WNY Inc.
Buyer's Agent
Karen Deutschlander
Century 21 North East
List Price
$56,000
Sold Price
$48,000
Premium/Discount to List
-$8,000
-14.29%
Total Days on Market
101
Current Estimated Value
$92,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,062
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Jun 6, 2005
Sold by
Connor Donald M
Bought by
Chatterjee Sumita

Purchase Details

Closed on
Dec 30, 1999
Sold by
United Special Services
Bought by
Connor Donald M
Source: Public Records

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Range of Values:

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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
Thurston Wilson Investments Llc $48,000 --
Chatterjee Sumita $31,000 James Faso
Connor Donald M $10,000 --
United Companies Lending $64,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $48,000 -12.6% $23 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
12/11/2017 12/11/17 Price Changed $54,900 -2.0% $26 / Sq Ft
10/27/2017 10/27/17 For Sale $56,000 -- $26 / 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 $1,027 $26,300 $1,300 $25,000
2023 $1,027 $26,300 $1,300 $25,000
2022 $769 $26,300 $1,300 $25,000
2021 $769 $26,300 $1,300 $25,000
2020 $510 $26,300 $1,300 $25,000
2019 $490 $26,300 $1,300 $25,000
2018 $756 $26,300 $1,300 $25,000
2017 $490 $26,300 $1,300 $25,000
2016 $735 $26,300 $1,300 $25,000
2015 -- $26,300 $1,300 $25,000
2014 -- $26,300 $1,300 $25,000
Source: Public Records

Agents Affiliated with this Home

  • Vera Daly

    Seller's Agent in 2018

    Vera Daly

    Howard Hanna

    (716) 510-7226

    41 Total Sales

    Vera Daly
    Section Image
  • Karen Deutschlander

    Buyer's Agent in 2018

    Karen Deutschlander

    Century 21 North East

    (716) 044-9711

    13 Total Sales

    Karen Deutschlander
    Section Image
See All Agents

Map

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

MLS Number: B1083985

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-022-0001-017-000

New York Niagara County Niagara Falls 14301 East Side

616 Walnut Ave, Niagara Falls, NY

This home is located at 616 Walnut Ave, Niagara Falls, NY 14301 since 27 October 2017 and is currently estimated at $92,062, approximately $43 per square foot. This property was built in 1910. 616 Walnut Ave is a home located in Niagara County with nearby schools including Niagara Falls High School and St. Joseph Elementary School.

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