NOT LISTED FOR SALE

7050 Michael Rd Orchard Park, NY 14127

Estimated Value: $428,000 - $609,000

5 Beds
4 Baths
2,657 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $460,000 $173 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,724/month

9 Days on Market

Highlights

  • 2.44 Acre Lot
  • Fenced Yard
  • Patio
  • Orchard Park Middle School Rated A-
  • Forced Air Cooling System
  • Ceramic Tile Flooring

About This Home

As of March 2023

Amazing property with so many possible uses in Orchard Park School district. House has a total of 5 bedrooms and 3.5 bathrooms. Main unit has 3 bedrooms, 2.5 baths, family room, living room and a formal dining room. The 2nd floor apartment has 2 bedrooms and a full bath. Property can be an owner occupied double, in-law set up or rent out both units and use the partially finished basement for a business headquarters. Basement has two additional rooms and a separate egress entrance that can also be used as additional living space. Many updates including furnace 2021, A/C 2022, tank-less water heaters, electric and main house generator. Kitchen was remodeled in 2021. All appliances, including mini wine fridge, stay. Tons of garage spaces. Two car garage attached with retractable screen door, additional 2.5 car detached heated garage and a 30'X50' storage building with heat, a 16' wide overhead door, water spigot & concrete floor. Backyard has a multi layer porch for entertaining. Newly landscaped & mounted Blink security cameras throughout property. MUST SEE!!!

Last Agent to Sell the Property

Julie Paul

Listing by The Paul Team LLC License #10491212372 Listed on: 01/03/2023

Last Buyer's Agent

Chrystal Manzare

Listing by Howard Hanna WNY Inc. License #10401277732

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,588

Year Built

  • Built in 1979

Lot Details

  • 2.44 Acre Lot
  • Lot Dimensions are 876 x 125
  • Fenced Yard

Home Design

  • Brick Frame
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,657 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 12 Car Garage
  • Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Patio

Schools

  • Orchard Park Middle School
  • Orchard Park High School

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 12
  • Assessor Parcel Number 146089-153-100-0002-012-000

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

$8,588

Year Built

Built in 1979

Lot Details

0

Listing Details

  • NY Swis Code: Orchard Park-146089
  • Total Assessed Value: 126000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 876
  • Lot Dimension Front: 125
  • Lot Information: Neighborhood Street, Primary Road
  • Lot Number: 12
  • Nearest Cross Street: Southwestern Blvd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 188524.59
  • Ratio Close Price By Sq Ft: 173.13
  • Ratio List Price By Acres: 188114.75
  • Ratio List Price By Sq Ft: 172.75
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 4767
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 106286
  • Ad Copy: INVESTORS, IN-LAW SET UP SITUATION! BUSINESS OWNERS! Two unit property with 5 bedrooms, 3.5 baths and 12 indoor parking spots. Great opportunity to relocate or start your business. Great for hobbyist who need tons of storage.
  • Ad Headline: One Of a Kind Property!
  • Age of Building: 44
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 2657
  • Directions To Property: On Michael Road between Southwestern Blvd and Baker Road in Orchard Park.
  • Sq Ft Total Pub: 2657
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Attribution Contact: 716-949-5600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Additional Interior Features: Laundry- Separate Hook ups- Some, Storage, Sump Pump
  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkout, Finished
  • Floor Description: Ceramic-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 2657

Exterior Features

  • Construction: Brick and Frame, Vinyl
  • Additional Exterior Features: Fully Fenced Yard, Garage Door Opener, Patio
  • Number of Acres: 2.4400

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 12.0000
  • Parking Driveway: 2 or More Spaces, Concrete, Garage, Parking Area, Stone/Gravel

Utilities

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

Lot Info

  • Parcel Number: 146089-153-100-0002-012-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 8588

MLS Schools

  • High School Name: Orchard Park High
  • Middle School Name: Orchard Park Middle
  • School District Name: Orchard Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Mar 2, 2023
Sold by
Reamsnyder Liana Marsha and Reamsnyder Paul A
Bought by
Sheehan Gavin and Sheehan Jerome
Seller's Agent
Julie Paul
The Paul Team LLC
Buyer's Agent
Chrystal Manzare
Howard Hanna WNY Inc.
List Price
$459,000
Sold Price
$460,000
Premium/Discount to List
$1,000
0.22%
Views
65
Current Estimated Value
$540,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,250
Avg. Annual Appreciation
6.33%
Original Mortgage
$345,000
Outstanding Balance
$334,156
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$206,094

Purchase Details

Listed on
Jul 27, 2018
Closed on
Feb 11, 2019
Sold by
Dobson Suzanne P
Bought by
Reamsnyder Liana Marsha and Reamsnyder Paul A
Seller's Agent
Joseph David
Howard Hanna WNY Inc.
Buyer's Agent
Lesleylinda Lannan
No Office Affiliation
List Price
$359,900
Sold Price
$325,000
Premium/Discount to List
-$34,900
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$319,113
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2006
Sold by
Dobson Robert M
Bought by
Dobson Suzanne P

Purchase Details

Closed on
Aug 31, 1995
Sold by
Walters-Mercer Mildred P
Bought by
Dobson Robert M and Dobson Suzanne P
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
Sheehan Gavin $460,000 Stewart Title
Sheehan Gavin $460,000 Stewart Title
Sheehan Gavin $460,000 Stewart Title
Reamsnyder Liana Marsha $325,000 None Available
Reamsnyder Liana Marsha $325,000 None Available
Reamsnyder Liana Marsha $325,000 None Available
Dobson Suzanne P -- None Available
Dobson Robert M $172,000 --
Dobson Robert M $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Gavin $345,000
Closed Sheehan Gavin $345,000
Previous Owner Reamsnyder Liana Marsha $319,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $460,000 +0.2% $173 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $459,000 +41.2% $173 / Sq Ft
02/26/2019 02/26/19 Sold $325,000 0.0% $122 / Sq Ft View Prior Sale
12/31/2018 12/31/18 Off Market $325,000 -- --
12/22/2018 12/22/18 Pending -- -- --
12/06/2018 12/06/18 Price Changed $325,000 -3.0% $122 / Sq Ft
09/28/2018 09/28/18 Price Changed $334,900 -4.3% $126 / Sq Ft
08/19/2018 08/19/18 Price Changed $349,900 -2.8% $132 / Sq Ft
07/27/2018 07/27/18 For Sale $359,900 -- $135 / 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 $10,579 $150,000 $19,100 $130,900
2023 $10,323 $150,000 $19,100 $130,900
2022 $8,670 $126,000 $19,100 $106,900
2021 $8,744 $126,000 $19,100 $106,900
2020 $8,435 $126,000 $19,100 $106,900
2019 $7,067 $126,000 $19,100 $106,900
2018 $6,917 $126,000 $19,100 $106,900
2017 $3,354 $126,000 $19,100 $106,900
2016 $7,118 $126,000 $19,100 $106,900
2015 -- $126,000 $19,100 $106,900
2014 -- $126,000 $19,100 $106,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1449782

Western New York Real Estate Information Services (WNYREIS)

APN: 146089-153-100-0002-012-000