NOT LISTED FOR SALE

740 Spruce Ave Niagara Falls, NY 14301

East Side Neighborhood

Estimated Value: $88,000 - $100,000

4 Beds
2 Baths
2,582 Sq Ft
$37/Sq Ft Est. Value

Last Sold May 30, 2021

Last sale price $72,000 $28 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $647/month

5 Days on Market

About This Home

As of May 2021

Fully rented to paying tenants. All mechanics are in good working order. Spruce has a shared driveway and a re-shingle roof placed on 3 years ago. This property has the possible opportunity for a third unit in the attic.

Last Agent to Sell the Property

vincent tortora

Listing by Century 21 North East License #10301215247 Listed on: 03/01/2021

Century 21 North East

Last Buyer's Agent

Paul Dolan

Listing by HUNT Real Estate Corporation License #10301220500

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1900

Lot Details

  • 3,360 Sq Ft Lot
  • Lot Dimensions are 112 x 30
  • Irregular Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,582 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Shared Driveway
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 48
  • Assessor Parcel Number 291100-144-070-0002-048-000

Community Details

Overview

  • 2 Units
  • Mile Reserve Community
  • Mile Reserve Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,070

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 32600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • Lot Number: 48
  • Lot Shape: Irregular
  • Nearest Cross Street: Cedar
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 933852.14
  • Ratio Close Price By Sq Ft: 27.89
  • Ratio List Price By Acres: 888456.55
  • Ratio List Price By Sq Ft: 26.53
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 450
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3360
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2582
  • Directions To Property: Cedar to Spruce
  • Sq Ft Total Pub: 2582
  • Subdivision Comm Complex: Mile Reserve
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Partially Finished
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 2582

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0771

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Shared, Street

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: Niagara Falls

Lot Info

  • Parcel Number: 291100-144-070-0002-048-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1070

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 10, 2021
Sold by
Caporusso Domenico
Bought by
Islam Dalia
Seller's Agent
vincent tortora
Century 21 North East
Buyer's Agent
Paul Dolan
HUNT Real Estate Corporation
List Price
$68,500
Sold Price
$72,000
Premium/Discount to List
$3,500
5.11%
Total Days on Market
5
Current Estimated Value
$96,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,310
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Apr 6, 2018
Sold by
Trt 740 Spruce Avenue
Bought by
Caporusso Domenico

Purchase Details

Closed on
Dec 5, 2007
Sold by
Sylwia Urbanska
Bought by
The 740 Spruce Avenue Trust

Purchase Details

Closed on
Sep 14, 2005
Sold by
Young Ronald A and Young Ann
Bought by
Urbanska Sylwia

Purchase Details

Closed on
Apr 28, 1995
Sold by
Welsh Virginia
Bought by
Young Ronald A and Young Ann Marie
Source: Public Records

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Range of Values:

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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
Islam Dalia $72,000 None Available
Caporusso Domenico $32,000 None Available
The 740 Spruce Avenue Trust -- Eric Habib
Urbanska Sylwia $35,000 Brandon Piasecki
Young Ronald A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2021 05/30/21 Sold $72,000 +5.1% $28 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $68,500 -- $27 / 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 $1,268 $32,600 $1,300 $31,300
2023 $1,268 $32,600 $1,300 $31,300
2022 $954 $32,600 $1,300 $31,300
2021 $953 $32,600 $1,300 $31,300
2020 $633 $32,600 $1,300 $31,300
2019 $607 $32,600 $1,300 $31,300
2018 $937 $32,600 $1,300 $31,300
2017 $607 $32,600 $1,300 $31,300
2016 $911 $32,600 $1,300 $31,300
2015 -- $32,600 $1,300 $31,300
2014 -- $32,600 $1,300 $31,300
Source: Public Records

Agents Affiliated with this Home

  • vincent tortora

    Seller's Agent in 2021

    vincent tortora

    Century 21 North East

    (716) 866-2321

    4 in this area

    93 Total Sales

    vincent tortora
    Section Image
  • Paul Dolan

    Buyer's Agent in 2021

    Paul Dolan

    Hunt Real Estate

    (716) 243-9466

    10 in this area

    60 Total Sales

    Paul Dolan
    Section Image
See All Agents

Map

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

MLS Number: B1321093

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-144-070-0002-048-000

New York Niagara County Niagara Falls 14301 East Side

740 Spruce Ave, Niagara Falls, NY

This home is located at 740 Spruce Ave, Niagara Falls, NY 14301 since 01 March 2021 and is currently estimated at $96,310, approximately $37 per square foot. This property was built in 1900. 740 Spruce Ave is a home located in Niagara County with nearby schools including Niagara Falls High School, St. Joseph Elementary School, and Niagara Catholic High School.

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