NOT LISTED FOR SALE

70 Colton Ave Buffalo, NY 14218

Estimated Value: $148,696 - $218,000

4 Beds
2 Baths
1,939 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $37,000 $19 Per Sq Ft

Est. 390% increase in value since last sale

Current estimated payment $1,110/month

138 Days on Market

Highlights

  • Forced Air Cooling System
  • Property is near bus stop
  • Wall to Wall Carpet

About This Home

As of May 2013

Great investment or living opportunity in Lackawanna. 2 units each offering 2 bedrooms, separate utilities. Very well maintained.

Last Agent to Sell the Property

Enas Latif

Listing by HUNT Real Estate Corporation License #10301216105 Listed on: 09/12/2012

HUNT Real Estate Corporation

Last Buyer's Agent

David Lindstrom

Listing by HUNT Real Estate Corporation License #40LI1102880

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 101 x 32

Parking

  • No Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,939 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Linoleum

Location

  • Property is near 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
  • Assessor Parcel Number 140900-142-460-0005-019-000

Community Details

Overview

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

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,475

Year Built

Built in 1910

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Age: 102
  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 54800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 101
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line
  • L P Per Acre: 571428.5700
  • List Price per Sq Ft: 20.6291
  • Nearest Cross Street: Ridge Road
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 528571.43
  • Ratio Close Price By Sq Ft: 19.08
  • Ratio List Price By Acres: 571428.57
  • Ratio List Price By Sq Ft: 20.63
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Refuse Removal, Water
  • Sale Price List Price: 0.9250
  • S P Per Acre: 528571.4300
  • S P Per Sq Ft: 19.0800
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 40000.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Ridge to Leo to Colton
  • Subdivision Comm Complex: BUFFALO CRK RESERVATION
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 8
  • Total Sq Ft: 1939

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Number of Acres: 0.0700

Garage/Parking

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

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

Lot Info

  • Parcel Number: 140900-142-460-0005-019-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1475

MLS Schools

  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2012
Closed on
Apr 26, 2013
Sold by
Ny2005 Properties Llc
Bought by
Holden Michael J
Seller's Agent
Enas Latif
HUNT Real Estate Corporation
Buyer's Agent
David Lindstrom
HUNT Real Estate Corporation
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%
Current Estimated Value
$181,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,424
Avg. Annual Appreciation
13.12%
Original Mortgage
$35,000
Outstanding Balance
$7,676
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,748

Purchase Details

Closed on
Jan 31, 2006
Sold by
Dailey Ralph and Waldner Mark
Bought by
Ny2005 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 14, 2005
Sold by
Gladysz Henry L and Gladysz Grazyna
Bought by
Dailey Ralph and Waldner Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.31%
Mortgage Type
Unknown
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
Holden Michael J $37,000 None Available
Ny2005 Properties Llc -- None Available
Dailey Ralph $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holden Michael J $35,000
Previous Owner Dailey Ralph $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2013 05/08/13 Sold $37,000 -7.5% $19 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
09/12/2012 09/12/12 For Sale $40,000 -- $21 / 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 $1,686 $82,000 $5,900 $76,100
2023 $1,507 $82,000 $5,900 $76,100
2022 $735 $82,000 $5,900 $76,100
2021 $735 $82,000 $5,900 $76,100
2020 $645 $82,000 $5,900 $76,100
2019 $2,480 $54,800 $3,500 $51,300
2018 $727 $54,800 $3,500 $51,300
2017 $692 $54,800 $3,500 $51,300
2016 $715 $54,800 $3,500 $51,300
2015 -- $54,800 $3,500 $51,300
2014 -- $54,800 $3,500 $51,300
Source: Public Records

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Map

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

MLS Number: B416272

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-460-0005-019-000

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