NOT LISTED FOR SALE

Estimated Value: $104,000 - $163,000

4 Beds
2 Baths
1,562 Sq Ft
$87/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $49,000 $31 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $859/month

23 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Ceiling Fan
  • Fenced Yard
  • Tile Flooring
  • High Speed Internet

About This Home

As of February 2017

LOCATED IN UP AND COMING NEIGHBORHOOD BY RIVER ROAD IN NORTH TONAWANDA, THIS IS A GREAT INVESTMENT PROPERTY RENTAL.
TURNKEY 4 BEDROOM 2 BATH DOUBLE WITH UPDATED ELECTRIC, GAS, FURNACES, NEW CARPET, PAINT, BATHROOMS. READY TO BE RENTED TO NEW TENANTS TOMORROW. RENTS IN AREA RANGE FROM $900 - 1200 PER MONTH. NEW $20 MILLION DOLLAR DEVELOPMENTS WITH 100 RESIDENTIAL UNITS GOING UP JUST DOWN THE STREET. GREAT OPPORTUNITY FOR INVESTOR WITH MULTI YEAR HORIZON.

Last Agent to Sell the Property

Sharon Fineberg-Visciano

Listing by Fine Unlimited Inc License #31VI0538103 Listed on: 01/05/2017

Last Buyer's Agent

Ronald Bress

Listing by WNY Metro Roberts Realty License #30BR0303667

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 3,240 Sq Ft Lot
  • Lot Dimensions are 108 x 30
  • Fenced Yard

Parking

  • 1 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 291200-181-052-0001-062-000

Community Details

Overview

  • 2 Units
  • Mile Reservation Community
  • Mile Reservation Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • NY Swis Code: North Tonawanda-City-291200
  • Total Assessed Value: 66800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 30
  • Nearest Cross Street: OLIVER
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 658602.15
  • Ratio Close Price By Sq Ft: 31.37
  • Ratio List Price By Acres: 805107.53
  • Ratio List Price By Sq Ft: 38.35
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 1529
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3240
  • Age of Building: 106
  • Year Built: 1916
  • Directions To Property: 290 TO TWIN CITIES HWY TO WHEATFIELD TAKE OLIVER TO 8TH AVENUE
  • Subdivision Comm Complex: Mile Reservation
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1916

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Pex Plumbing- Some, Sump Pump
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1562

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, High Speed Internet
  • Number of Acres: 0.0744

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 1 Space

Utilities

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

Lot Info

  • Parcel Number: 291200-181-052-0001-062-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2985

MLS Schools

  • School District Name: North Tonawanda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
Feb 23, 2017
Sold by
Fallsconnection Holdings Llc
Bought by
Waite Rachel
Seller's Agent
Sharon Fineberg-Visciano
Fine Unlimited Inc
Buyer's Agent
Ronald Bress
WNY Metro Roberts Realty
List Price
$64,900
Sold Price
$49,000
Premium/Discount to List
-$15,900
-24.5%
Current Estimated Value
$135,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,318
Avg. Annual Appreciation
12.28%

Purchase Details

Closed on
Dec 7, 2016
Sold by
Summit Assets Llc
Bought by
Fallsconnection Holdings Llc

Purchase Details

Closed on
Jul 21, 2015
Sold by
City Of North Tonawanda
Bought by
Summit Assets Llc

Purchase Details

Closed on
Dec 1, 2000
Sold by
Fleet Mortgage Corp
Bought by
Long William L

Purchase Details

Closed on
Jun 15, 2000

Purchase Details

Closed on
Dec 15, 1995
Sold by
Lichorobiec Richard
Bought by
Wasinger Thomas G
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
Waite Rachel -- None Available
Fallsconnection Holdings Llc $48,500 None Available
Summit Assets Llc $26,000 None Available
Long William L $34,000 --
-- $42,840 --
Wasinger Thomas G $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $49,000 -18.2% $31 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
01/16/2017 01/16/17 Price Changed $59,900 -7.7% $38 / Sq Ft
01/05/2017 01/05/17 For Sale $64,900 -- $42 / 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 $1,765 $50,000 $10,100 $39,900
2023 $1,721 $50,000 $10,100 $39,900
2022 $1,703 $50,000 $10,100 $39,900
2021 $1,691 $50,000 $10,100 $39,900
2020 $1,656 $50,000 $10,100 $39,900
2019 $1,625 $50,000 $10,100 $39,900
2018 $1,650 $50,000 $10,100 $39,900
2017 $1,625 $50,000 $10,100 $39,900
2016 $1,740 $50,000 $10,100 $39,900
2015 -- $66,800 $10,100 $56,700
2014 -- $66,800 $10,100 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1019675

Western New York Real Estate Information Services (WNYREIS)

APN: 291200-181-052-0001-062-000