NOT LISTED FOR SALE

Estimated Value: $80,670 - $152,000

4 Beds
2 Baths
1,840 Sq Ft
$56/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $5,000 $3 Per Sq Ft

Est. 1,978% increase in value since last sale

Current estimated payment $658/month

54 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Wall to Wall Carpet

About This Home

As of December 2015

This property is now under absolute auction terms. Auction dates are August 17 - August 21. Any presale offers should be submitted to Hudson & Marshall by clicking http://www.hudsonandmarshall.com then on the Bid Now icon. Bids will be taken during pre and post sale at the aforementioned website. No minimum starting bid required. No Buyer Premium. Seller has the right (a) to change the date, place, terms of the sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale. Talk to the Listing Agent for details.

Last Agent to Sell the Property

Elizabeth Fadale

Listing by Danahy Real Estate License #10301207188 Listed on: 07/14/2015

Co-Listed By

Ron Remollino

Listing by No Office Affiliation License #40RE0711988

Last Buyer's Agent

Elizabeth Fadale

Listing by Danahy Real Estate License #10301207188 Listed on: 07/14/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 124 x 25

Parking

  • 1.5 Car Garage

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Linoleum

Utilities

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

Listing and Financial Details

  • Auction
  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 291100-144-078-0001-015-000

Community Details

Overview

  • 2 Units
  • Spruce Ave Community
  • Spruce Ave Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Age: 135
  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 25800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 124
  • Lot Dimension Front: 25
  • L P Per Acre: 242857.1400
  • List Price per Sq Ft: 9.2391
  • Nearest Cross Street: Armory
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 71428.57
  • Ratio Close Price By Sq Ft: 2.72
  • Ratio List Price By Acres: 242857.14
  • Ratio List Price By Sq Ft: 9.24
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 546
  • Sale Price List Price: 0.2941
  • S P Per Acre: 71428.5700
  • S P Per Sq Ft: 2.7200
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Auction, Bank Owned / REO
  • Value Range Search Low Price: 17000.00
  • Year Built Description: Existing
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: Main to Spruce.
  • Subdivision Comm Complex: SPRUCE AVE
  • Special Features: 84
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 8
  • Total Sq Ft: 1840

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.0700

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.5000
  • Parking Driveway: 1 Space

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: 291100-144-078-0001-015-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1276

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2015
Sold by
Weinmann Esq
Bought by
U.S. Bank National Asso., As Trustee For Citi and Mortgage Loan Trust, Inc.
Current Estimated Value
$103,918

Purchase Details

Closed on
May 10, 2010
Sold by
735 Spruce Avenue Trust
Bought by
Seder Arthur

Purchase Details

Closed on
Dec 5, 2007
Sold by
Seder Arthur R
Bought by
The 735 Spruce Avenue Trust

Purchase Details

Closed on
Jan 13, 2006
Sold by
Jason Burns
Bought by
Seder Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Sold by
Lynch Henry J
Bought by
Burns Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
5.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
U.S. Bank National Asso., As Trustee For Citi $41,364 Stein Wiener & Roth Llp
Seder Arthur -- None Available
The 735 Spruce Avenue Trust -- Eric Habib
Seder Arthur $36,000 Robert Antonacci
Burns Jason -- Brandon Piasecki
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seder Arthur $32,400
Previous Owner Burns Jason $23,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2015 12/15/15 Sold $5,000 -70.6% $3 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $17,000 -- $9 / 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 $1,502 $25,800 $1,100 $24,700
2023 $1,003 $25,800 $1,100 $24,700
2022 $755 $25,800 $1,100 $24,700
2021 $755 $25,800 $1,100 $24,700
2020 $501 $25,800 $1,100 $24,700
2019 $481 $25,800 $1,100 $24,700
2018 $741 $25,800 $1,100 $24,700
2017 $481 $25,800 $1,100 $24,700
2016 $854 $25,800 $1,100 $24,700
2015 -- $25,800 $1,100 $24,700
2014 -- $25,800 $1,100 $24,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B480198

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-144-078-0001-015-000

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