NOT LISTED FOR SALE

Estimated Value: $78,130 - $108,000

5 Beds
3 Baths
1,905 Sq Ft
$47/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $51,100 $27 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $579/month

8 Days on Market

Highlights

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

About This Home

As of January 2021

Renovation Ready three unit in an ideal location for vacation rentals, student housing, investment, etc. Located across from the Aquarium, fantastic view of Canadian skyline. It's within walking distance to Third Street restaurants, The American Falls, attractions, and the gorgeous street scape of the Third Street/Whirlpool Street restoration. Located in an area of much higher priced properties, it's a great opportunity to add a lot of value! Showings begin immediately, negotiations begin October 8, 2020 at 12:00 PM.

Last Agent to Sell the Property

David Stefik

Listing by Stefik Realty Co, Inc License #31ST0751548 Listed on: 09/30/2020

Last Buyer's Agent

Michael Hooper

Listing by Hooper Realty License #37HO0444450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 132 x 33

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,905 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Parking

  • 2 Car Garage
  • On-Street Parking

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 78
  • Assessor Parcel Number 291100-159-021-0001-078-000

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,550

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 32500
  • Listing Type: Exclusive Agency
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 33
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 78
  • Nearest Cross Street: Pine Avenue
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 511000.00
  • Ratio Close Price By Sq Ft: 26.82
  • Ratio List Price By Acres: 270000.00
  • Ratio List Price By Sq Ft: 14.17
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Shingles
  • School Tax: 635
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4356
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1905
  • Directions To Property: Third Street between Pine Avenue and Main Street
  • Sq Ft Total Pub: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Partial
  • Floor Description: Wood-Some
  • Total Sq Ft: 1905

Exterior Features

  • Construction: Vinyl, Wood
  • Number of Acres: 0.1000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-159-021-0001-078-000

Rental Info

  • Certificate of Occupancy: Not Required, Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1550

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 15, 2020
Sold by
Wilson Norma J and Estate Of Norma J Wilson
Bought by
Iqbal Hafeel Llc
Seller's Agent
David Stefik
Stefik Realty Co, Inc
Buyer's Agent
Michael Hooper
Hooper Realty
List Price
$27,000
Sold Price
$51,100
Premium/Discount to List
$24,100
89.26%
Current Estimated Value
$89,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,683
Avg. Annual Appreciation
10.80%
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
Iqbal Hafeel Llc $51,100 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $51,100 +89.3% $27 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $27,000 -- $14 / 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 $1,264 $32,500 $2,100 $30,400
2023 $1,264 $32,500 $2,100 $30,400
2022 $951 $32,500 $2,100 $30,400
2021 $950 $32,500 $2,100 $30,400
2020 $538 $32,500 $2,100 $30,400
2019 $425 $32,500 $2,100 $30,400
2018 $213 $32,500 $2,100 $30,400
2017 $425 $32,500 $2,100 $30,400
2016 $504 $32,500 $2,100 $30,400
2015 -- $32,500 $2,100 $30,400
2014 -- $32,500 $2,100 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1298142

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-021-0001-078-000