Shannon Sherman
Buffalo Boardwalk Real Estate LLC
(716) 403-3082
101 Total Sales
4 in Newfane
$230K - $260K Price Range
6407 Drake Settlement Rd Burt, NY 14028
Newfane Area
7
Beds
4.5
Baths
5,480
Sq Ft
1.5
Acre Lot
Highlights
- 1.5 Acre Lot
- 1 Fireplace
- Woodwork
- Wood Flooring
- Cedar Closet
- Agricultural
About This Home
As of April 2024Investment Opportunity!!! With some elbow grease, you can discover your investment oasis in this versatile 4-unit multi-family property. With existing rental units and room for adding additional rental units, this property is your ticket to unlocking endless possibilities and growing your real estate portfolio! The property sports a huge garage with 4 separate doors for possible future tenant storage. The garage also holds a possible 5th apartment!! Newer lennox furnace in the garage. Very nice size lot that gives you the space and comfort any tenant would wish for.This property is currently part of an estate with family members residing who will vacate property when sold. The property is to be sold in AS-IS condition, the seller will make no repairs.Come check out this great opportunity to boost your portfolio and become a landlord!*seller will entertain all offers*
Last Agent to Sell the Property
Dale Jones
Listing by No Office Affiliation Brokerage Phone: 716-392-2765 License #10401370823 Listed on: 10/03/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 1.5 Acre Lot
- Lot Dimensions are 167x427
Parking
- 4 Car Garage
- Common or Shared Parking
- Gravel Driveway
Home Design
- Quadruplex
- Brick Exterior Construction
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 5,480 Sq Ft Home
- 3-Story Property
- Woodwork
- Ceiling Fan
- 1 Fireplace
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Cedar Closet
Utilities
- Heating System Uses Propane
- Baseboard Heating
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
- TV Antenna
Additional Features
- Playground
- Agricultural
Community Details
- 4 Units
- 4 Separate Gas Meters
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 292800-026-000-0001-014-002
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 12, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Closed on
May 23, 2000
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Burt, NY
-
Shannon Sherman
-
Jessica Laurendi
Jessica Laurendi
Howard Hanna WNY Inc.
(716) 403-2921
184 Total Sales
2 in Newfane
$202,000 Price Range
-
Debbie Carpenter
Debbie Carpenter
Responds QuicklyBerkshire Hathaway Homeservices Zambito Realtors
(716) 589-4245
123 Total Sales
16 in Newfane
$26K - $323K Price Range
-
Matthew Kennedy
Matthew Kennedy
Keller Williams Realty WNY
(716) 403-2813
222 Total Sales
6 in Newfane
$178K - $284K Price Range
-
Joseph Sciandra
Joseph Sciandra
Red Door Real Estate WNY LLC
(716) 271-7606
131 Total Sales
6 in Newfane
$185K - $220K Price Range
-
Alisa Talarico
Alisa Talarico
Century 21 North East
(716) 528-6512
239 Total Sales
8 in Newfane
$185K - $600K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $110,000 | None Listed On Document | ||
| $172,000 | Philip Chamot |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $105,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2024 04/09/24 | Sold | $110,000 | -24.1% | $20 / Sq Ft |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 10/03/2023 10/03/23 | For Sale | $145,000 | -- | $26 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,896 | $161,100 | $17,500 | $143,600 |
| 2024 | $7,896 | $161,100 | $17,500 | $143,600 |
| 2023 | $7,613 | $161,100 | $17,500 | $143,600 |
| 2022 | $7,596 | $161,100 | $17,500 | $143,600 |
| 2021 | $7,547 | $161,100 | $17,500 | $143,600 |
| 2020 | $5,599 | $161,100 | $17,500 | $143,600 |
| 2019 | $5,448 | $161,100 | $17,500 | $143,600 |
| 2018 | $5,778 | $161,100 | $17,500 | $143,600 |
| 2017 | $5,448 | $161,100 | $17,500 | $143,600 |
| 2016 | $5,359 | $161,100 | $17,500 | $143,600 |
| 2015 | -- | $161,100 | $17,500 | $143,600 |
| 2014 | -- | $161,100 | $17,500 | $143,600 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2024
Dale Jones
No Office Affiliation
-
Pratheep Sakas
P
Buyer's Agent in 2024
Pratheep Sakas
Keller Williams Realty WNY
(716) 628-4901
44 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1501610
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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
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