NOT LISTED FOR SALE

62 Riverview Place Buffalo, NY 14210

Seneca Neighborhood

Estimated Value: $211,000 - $264,000

6 Beds
2 Baths
2,920 Sq Ft
$79/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $55,000 $19 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $1,245/month

31 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Wood Burning Fireplace
  • Full Attic
  • 2 Car Garage

About This Home

As of December 2016

Investors take notice! 2 unit property available in South Buffalo! Hot market potential rental. Near all amenities, highway access and 5 minutes from downtown. Bring your tools and handyman skills!

Last Agent to Sell the Property

Joseph Stanek

Listing by No Office Affiliation License #10301215792 Listed on: 11/07/2016

Co-Listed By

Scott Walters

Listing by S.A.W. Commission Cutters

Last Buyer's Agent

Vincent Rondinelli

Listing by Rondinelli Real Estate License #10311207380

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1913

Lot Details

  • 4,386 Sq Ft Lot
  • Lot Dimensions are 129 x 34

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,920 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 140200-123-720-0001-019-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,254

Year Built

Built in 1913

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 63000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 129
  • Lot Dimension Front: 34
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Seneca
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 546176.76
  • Ratio Close Price By Sq Ft: 18.84
  • Ratio List Price By Acres: 495531.28
  • Ratio List Price By Sq Ft: 17.09
  • Regional Board Code: Buffalo
  • School Tax: 410
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 4386
  • Age of Building: 109
  • Year Built: 1913
  • Directions To Property: Seneca to Riverview
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1913

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Total Sq Ft: 2920

Exterior Features

  • Construction: Frame
  • Number of Acres: 0.1007

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-123-720-0001-019-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1254

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Rtdd2 Llc
Bought by
Jeco2 Llc
Current Estimated Value
$230,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,600
Outstanding Balance
$56,229
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,883

Purchase Details

Listed on
Nov 7, 2016
Closed on
Dec 16, 2016
Sold by
Wilmington Savings Fund Society
Bought by
Rtdd2 Llc
Seller's Agent
Joseph Stanek
No Office Affiliation
Buyer's Agent
Vincent Rondinelli
Rondinelli Real Estate
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.07%

Purchase Details

Listed on
Nov 7, 2016
Closed on
Nov 7, 2016
Seller's Agent
Joseph Stanek
No Office Affiliation
Buyer's Agent
Vincent Rondinelli
Rondinelli Real Estate
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%

Purchase Details

Closed on
Oct 20, 2016
Sold by
Walsh Heathe L and Knoop Heathe L
Bought by
Wilmington Savigs Fund Society and Christiana Trusts
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jeco2 Llc $569,461 None Available
Rtdd2 Llc $55,000 None Available
-- $90,435 --
Wilmington Savigs Fund Society $90,435 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeco2 Llc $1,055,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $55,000 +10.2% $19 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $49,900 -- $17 / 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 $594 $106,000 $6,000 $100,000
2023 $537 $106,000 $6,000 $100,000
2022 $533 $106,000 $6,000 $100,000
2021 $533 $106,000 $6,000 $100,000
2020 $485 $106,000 $6,000 $100,000
2019 $1,728 $63,000 $5,100 $57,900
2018 $1,626 $63,000 $5,100 $57,900
2017 $375 $63,000 $5,100 $57,900
2016 $1,534 $63,000 $5,100 $57,900
2015 -- $63,000 $5,100 $57,900
2014 -- $63,000 $5,100 $57,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joseph Stanek

    No Office Affiliation

    Section Image
  • Scott Walters

    Seller Co-Listing Agent in 2016

    Scott Walters

    S.A.W. Commission Cutters

    (954) 525-2200

    93 Total Sales

    Scott Walters
    Section Image
  • Vincent Rondinelli

    Buyer's Agent in 2016

    Vincent Rondinelli

    Rondinelli Real Estate

    (716) 308-2491

    51 Total Sales

    Vincent Rondinelli
    Section Image
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Map

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

MLS Number: B1012373

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-123-720-0001-019-000

New York Erie County Buffalo 14210 Seneca

62 Riverview Place, Buffalo, NY

Not Listed for Sale

MultiFamily

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