NOT LISTED FOR SALE

Estimated Value: $112,000 - $203,000

6 Beds
2 Baths
2,244 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 19, 2015

Last sale price $52,500 $23 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $917/month

36 Days on Market

Highlights

  • Built-In Refrigerator
  • Full Attic
  • Forced Air Cooling System
  • Wood Flooring

About This Home

As of October 2015

Fully occupied duplex in Heart of South Buffalo! Good mechanics, cosmetic updates include lower Carpet/Flooring/Paint, Upper wood Floors/Paint PERFECT tenants. Annual rents close to 13K!! Property pays for itself in 5 yrs!! GREAT ROI. Owner has other multi unit property for sale and is willing to package. See MLS #B478966 (2 UNIT) & B475826 (4 UNIT) 48 hrs notice please

Last Agent to Sell the Property

Richard Labarba

Listing by WNY Metro Roberts Realty License #30LA1117049 Listed on: 06/29/2015

WNY Metro Roberts Realty

Last Buyer's Agent

Michael Sherwood

Listing by Marathon Properties USA, LLC License #10491206208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 110 x 30

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Range Hood
  • Built-In Refrigerator

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Laminate

Parking

  • No Garage
  • Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities, water
  • Assessor Parcel Number 140200-123-810-0010-016-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $2,000
  • Gross Income $12,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,257

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 115
  • Annual Operating Expenses: 2000
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 56000
  • Gross Annual Income: 12750
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 30
  • L P Per Acre: 748750.0000
  • List Price per Sq Ft: 26.6934
  • Nearest Cross Street: Seneca
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 656250.00
  • Ratio Close Price By Sq Ft: 23.40
  • Ratio List Price By Acres: 748750.00
  • Ratio List Price By Sq Ft: 26.69
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities, Water
  • Sale Price List Price: 0.8764
  • S P Per Acre: 656250.0000
  • S P Per Sq Ft: 23.4000
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 59900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Seneca OR North Legion to S. Ryan
  • Subdivision Comm Complex: BUFFALO CRK RESERVATION
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Range Hood-Exhaust Fan, Refrigerator-Built In
  • Number of Rooms: 6
  • Total Sq Ft: 2244

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0800

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

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

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-123-810-0010-016-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1257

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Wong Tjung Yeung
Bought by
Mingyang Capital Llc
Current Estimated Value
$168,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$77,729
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$90,627

Purchase Details

Listed on
Jun 29, 2015
Closed on
Oct 5, 2015
Sold by
Wny Holdings And Land Llc
Bought by
Wong Tjung Yeung
Seller's Agent
Richard Labarba
WNY Metro Roberts Realty
Buyer's Agent
Michael Sherwood
Marathon Properties USA, LLC
List Price
$64,900
Sold Price
$52,500
Premium/Discount to List
-$12,400
-19.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$39,375
Interest Rate
3.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2014
Closed on
May 6, 2014
Sold by
Pennymac Holdings Llc
Bought by
Wny Holdings & Land Llc
Seller's Agent
Renee J. Moran
Red Door Real Estate WNY LLC
Buyer's Agent
Richard Labarba
WNY Metro Roberts Realty
List Price
$34,900
Sold Price
$31,100
Premium/Discount to List
-$3,800
-10.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.22%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Cimino Peter
Bought by
Pennymac Holdings Llc

Purchase Details

Closed on
May 30, 1996
Sold by
Lamonte Phillip E
Bought by
Lotempio Anthony S
Source: Public Records

Range of Values:

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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
Mingyang Capital Llc -- Stewart Title Insurance Co
Mingyang Capital Llc -- None Available
Mingyang Capital Llc -- Stewart Title Insurance Co
Wong Tjung Yeung $52,500 None Available
Wong Tjung Yeung $52,500 None Available
Wong Tjung Yeung $52,500 None Available
Wny Holdings & Land Llc $31,000 Stewart Title Insurance Co
Wny Holdings & Land Llc $31,000 Stewart Title Insurance Co
Pennymac Holdings Llc $49,182 Web Title
Pennymac Holdings Llc $49,182 Web Title
Lotempio Anthony S $47,500 --
Lotempio Anthony S $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mingyang Capital Llc $93,750
Closed Mingyang Capital Llc $93,750
Closed Wong Tjung Yeung $39,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2015 10/19/15 Sold $52,500 -19.1% $23 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $64,900 +108.7% $29 / Sq Ft
05/15/2014 05/15/14 Sold $31,100 -10.9% $14 / Sq Ft View Prior Sale
04/23/2014 04/23/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $34,900 -- $16 / 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 $274 $54,000 $5,100 $48,900
2023 $274 $54,000 $5,100 $48,900
2022 $272 $54,000 $5,100 $48,900
2021 $272 $54,000 $5,100 $48,900
2020 $431 $54,000 $5,100 $48,900
2019 $1,536 $56,000 $4,200 $51,800
2018 $1,446 $56,000 $4,200 $51,800
2017 $333 $56,000 $4,200 $51,800
2016 $1,363 $56,000 $4,200 $51,800
2015 -- $56,000 $4,200 $51,800
2014 -- $56,000 $4,200 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B478969

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-123-810-0010-016-000