NOT LISTED FOR SALE
9 Beds
3 Baths
4,000 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: January 9, 2015

Last sale price $50,000 $12 Per Sq Ft

59 Days on Market

Highlights

  • 0.24 Acre Lot
  • Property is near public transit
  • Wood Siding
  • City Honors School At Fosdick Masten Park Rated A
  • Rectangular Lot
  • Heating System Uses Gas

About This Home

As of January 2015

Investors take note: 3 unit fixer could be converted back to 4 units with potential to add another apartment in full attic - attic has two egresses. Located in up-and-coming West Side neighborhood near Five Points area. This 4000 SQFT building sits on a double lot. Fully rented (one Belmont tenant - others are m-m) and bringing in $1325 per month ($15,900/yr). Separate utilities. Off street parking. All units need renovating - rents could be higher. Cash only. Sold as-is. Good opportunity for the experienced investor. POSSIBLE OWNER FINANCING

Last Agent to Sell the Property

Larry Bartolomei

Listing by No Office Affiliation License #10401227750 Listed on: 09/23/2014

No Office Affiliation

Last Buyer's Agent

Michael Algawani

Listing by Queen City Realty Group LLC License #10491200612

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,334

Year Built

  • Built in 1890

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x149
  • Rectangular Lot

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage
  • Paved Parking

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 140200-099-500-0007-015-100

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $15,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,334

Year Built

Built in 1890

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1890
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Hampshire to property - between Hampshire and Massachusetts. West is one way
  • Architectural Style: Triplex
  • Flooring: Other, See Remarks
  • Garage Yn: No
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Acres: 0.24
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: No Garage, Paved, Two or More Spaces

Utilities

  • Cooling: Other, See Remarks
  • Heating: Gas, Other, See Remarks
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo
  • Ninth Grade High School: Other - See Remarks
  • Middle Or Junior School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-099-500-0007-015-100
  • Lot Dimensions: 70X149
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 15900.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 1334.0

MLS Schools

  • Elementary School: Other - See Remarks

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
Sep 26, 2017
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
$236,590
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 30, 2014
Sold by
Bought by
Seller's Agent
Larry Bartolomei
No Office Affiliation
Buyer's Agent
Michael Algawani
Queen City Realty Group LLC
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
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
$39,500
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$60,000 None Available
$50,000 None Available
$39,500 --
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
Open $400,000
Closed $236,590
Previous Owner $40,000
Closed $39,500
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
01/09/2015 01/09/15 Sold $50,000 -33.3% $13 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $75,000 -- $19 / 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 $807 $368,000 $83,400 $284,600
2024 $807 $144,000 $52,200 $91,800
2023 $730 $144,000 $52,200 $91,800
2022 $724 $144,000 $52,200 $91,800
2021 $724 $144,000 $52,200 $91,800
2020 $603 $144,000 $52,200 $91,800
2019 $3,015 $78,400 $8,400 $70,000
2018 $1,379 $53,400 $8,400 $45,000
2017 $318 $53,400 $8,400 $45,000
2016 $1,300 $53,400 $8,400 $45,000
2015 -- $53,400 $8,400 $45,000
2014 -- $53,400 $8,400 $45,000
Source: Public Records

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Map

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

MLS Number: B461642

Western New York Real Estate Information Services (WNYREIS)

APN: 140200 99.50-7-15.1

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