NOT LISTED FOR SALE

642 Nichols Rd Arcade, NY 14009

Estimated Value: $188,000 - $252,000

2 Beds
1 Bath
1,032 Sq Ft
$204/Sq Ft Est. Value

Last Sold July 15, 2014

Last sale price $60,000 $58 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $1,431/month

13 Days on Market

Highlights

  • 2.18 Acre Lot
  • Wooded Lot
  • Eat-In Kitchen
  • Deck
  • 2 Car Detached Garage
  • Living Room

About This Home

As of July 2014

Two bedroom ranch with detached two car garage located on 2.29 acres. Large living room w wood buring stove (nwtc) huge front porch with attached gazebo.

Last Agent to Sell the Property

Janet Parks

Listing by No Office Affiliation License #40BA0780579 Listed on: 02/25/2014

Last Buyer's Agent

Krystal Dern

Listing by ERA Team VP Real Estate - Arcade License #10401220687

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1960

Lot Details

  • 2.18 Acre Lot
  • Lot Dimensions are 500 x 200
  • Wooded Lot

Home Design

  • Cedar

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 563600-138-000-0001-014-004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,312

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Age: 54
  • NY Swis Code: Java-563600
  • Total Assessed Value: 79800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 500
  • Lot Dimension Front: 200
  • Lot Information: Agricultural District, Wooded Lot
  • L P Per Acre: 27981.6514
  • List Price per Sq Ft: 59.1085
  • Nearest Cross Street: Chaffee
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 27522.94
  • Ratio Close Price By Sq Ft: 58.14
  • Ratio List Price By Acres: 27981.65
  • Ratio List Price By Sq Ft: 59.11
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1186
  • Sale Price List Price: 0.9836
  • S P Per Acre: 27522.9358
  • S P Per Sq Ft: 58.1400
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 61000.00
  • Year Built Description: Existing
  • Age of Building: 62
  • Year Built: 1960
  • Directions To Property: From 78 South right on Michigan left on Nichols
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-1st Floor, Living Room
  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1032

Exterior Features

  • Construction: Cedar
  • Additional Exterior Features: Deck
  • Number of Acres: 2.1800

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 563600-138-000-0001-014-004-0000

Tax Info

  • Total Taxes: 2312

MLS Schools

  • School District Name: Pioneer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Jul 2, 2014
Sold by
Fannie Mae
Bought by
Rhoads Randy L
Seller's Agent
Janet Parks
No Office Affiliation
Buyer's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
List Price
$61,000
Sold Price
$60,000
Premium/Discount to List
-$1,000
-1.64%
Current Estimated Value
$210,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,505
Avg. Annual Appreciation
11.44%
Original Mortgage
$57,000
Outstanding Balance
$43,417
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$167,088

Purchase Details

Closed on
Mar 7, 2014
Sold by
Hanson Todd
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 19, 2005
Sold by
Bartz Gilbert L
Bought by
Hanson Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,900
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rhoads Randy L $60,000 William Keenan
Federal National Mortgage Association $100,549 Fein, Such & Crane, Llp
Hanson Todd $86,500 Jeff Magavern
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhoads Randy L $57,000
Previous Owner Hanson Todd $83,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $60,000 -1.6% $58 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $61,000 -- $59 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $3,768 $144,900 $20,700 $124,200
2023 $38 $144,900 $20,700 $124,200
2022 $3,359 $144,900 $20,700 $124,200
2021 $3,176 $120,000 $15,600 $104,400
2020 $2,860 $120,000 $15,600 $104,400
2019 $2,436 $120,000 $15,600 $104,400
2018 $2,436 $120,000 $15,600 $104,400
2017 $2,950 $86,500 $8,700 $77,800
2016 $2,928 $86,500 $8,700 $77,800
2015 -- $86,500 $8,700 $77,800
2014 -- $86,500 $8,700 $77,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Janet Parks

    No Office Affiliation

  • Krystal Dern

    Buyer's Agent in 2014

    Krystal Dern

    ERA Team VP Real Estate - Arcade

    (716) 572-9323

    9 in this area

    157 Total Sales

    Krystal Dern
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Map

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

MLS Number: B446176

Western New York Real Estate Information Services (WNYREIS)

APN: 563600-138-000-0001-014-004-0000

New York Wyoming County Arcade 14009

642 Nichols Rd, Arcade, NY

Not Listed for Sale

Detached

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