NOT LISTED FOR SALE

Estimated Value: $210,565 - $260,000

4 Beds
2 Baths
2,002 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $155,000 $77 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,325/month

8 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Lasalle
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • Rectangular Lot

About This Home

As of September 2019

Check out this investment opportunity in the University District! This property has had a number of important mechanical updates in recent years, including the roof, many windows being replaced throughout, as well as a high efficient furnace. This 2,002 square foot building is divided into 2 units, an upper and lower apartment. Previous rents were $775 for both the lower and upper, totaling $1,550 a month or approximately $18,600 annually. Perhaps you’ve always needed an apartment for extended family. Or, have your tenant pay your mortgage for you. Call today to schedule an appointment to take a look! Showings begin immediately. Offers will be reviewed on Tuesday, 6/18/2019, at 5pm.

Last Agent to Sell the Property

Aaron Stanley

Listing by green home revolution LLC License #10491201178 Listed on: 06/10/2019

Last Buyer's Agent

Michael Boland

Listing by Howard Hanna WNY Inc. License #10401248896

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 1920

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 120 x 40
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,002 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Attic

  • Full Attic
  • Unfinished Attic

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 refuse removal, water
  • Tax Lot 26
  • Assessor Parcel Number 140200-079-620-0003-026-000

Community Details

Overview

  • 2 Units
  • Holland Land Cos Surv Community
  • Holland Land Cos Surv Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,690

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 65000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 26
  • Lot Shape: Rectangular
  • Nearest Cross Street: Main Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1406533.58
  • Ratio Close Price By Sq Ft: 77.42
  • Ratio List Price By Acres: 1178765.88
  • Ratio List Price By Sq Ft: 64.89
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 585
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4800
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: From US-62 / Bailey Avenue and NY-5 / Main Street, drive West along NY-5 / Main Street for 1.1 miles. Turn Left onto Lisbon Avenue and drive 0.1 miles to your destination on your left.
  • Subdivision Comm Complex: Holland Land Cos Surv
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full, Stair Access, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2002

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1102

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 140200-079-620-0003-026-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1690

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Sep 11, 2019
Sold by
Jiang Feng
Bought by
Hall Bernadette M and Hall Jeremy T
Seller's Agent
Aaron Stanley
green home revolution LLC
Buyer's Agent
Michael Boland
Howard Hanna WNY Inc.
List Price
$129,900
Sold Price
$155,000
Premium/Discount to List
$25,100
19.32%
Current Estimated Value
$244,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,891
Avg. Annual Appreciation
7.53%
Original Mortgage
$116,250
Outstanding Balance
$101,826
Interest Rate
3.6%
Estimated Equity
$143,065

Purchase Details

Closed on
Apr 13, 2010
Sold by
Halt James J
Bought by
Jiang Feng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.97%
Mortgage Type
VA

Purchase Details

Closed on
Jul 12, 2004
Sold by
Spicer Shawn M
Bought by
Halt James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hall Bernadette M $155,000 None Available
Jiang Feng $66,000 None Available
Halt James J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Bernadette M $116,250
Previous Owner Jiang Feng $66,000
Previous Owner Halt James J $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $155,000 +19.3% $77 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $129,900 -16.2% $65 / Sq Ft
06/11/2019 06/11/19 Off Market $155,000 -- --
06/10/2019 06/10/19 For Sale $129,900 -- $65 / 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 $499 $89,000 $6,900 $82,100
2023 $451 $89,000 $6,900 $82,100
2022 $448 $89,000 $6,900 $82,100
2021 $448 $89,000 $6,900 $82,100
2020 $500 $89,000 $6,900 $82,100
2019 $1,783 $65,000 $5,600 $59,400
2018 $1,678 $65,000 $5,600 $59,400
2017 $387 $65,000 $5,600 $59,400
2016 $1,582 $65,000 $5,600 $59,400
2015 -- $65,000 $5,600 $59,400
2014 -- $65,000 $5,600 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1201047

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-620-0003-026-000