NOT LISTED FOR SALE

8 Loretto Dr Buffalo, NY 14225

Cleveland Hill Neighborhood

Estimated Value: $141,000 - $254,000

3 Beds
3 Baths
1,880 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $87,500 $47 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,427/month

21 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Space Heater
  • Cleveland Hill High School Rated A-
  • Forced Air Cooling System
  • Rectangular Lot

About This Home

As of October 2020

Legal 2 family, larger unit has one bedroom down, 2/3 up (one is a walk thru). Second unit is a Studio with a large living/bedroom. Would be a great in-law or college set-up. Hardwood floors through out 1st floor of larger unit. Was sold but folded due to buyer losing job due to Pandemic. Some TLC would make this a great investor or owner occupied home. Great central location minutes to the 33. Has had home inspection and repairs from same already done. Ready for quick close. There is a sunroom across the back of the house that is how you access the studio-this add extra living space to the Studio, apartment. 2 car detached garage adds to the value of this property!

Last Agent to Sell the Property

Enas Latif

Listing by HUNT Real Estate Corporation License #10301216105 Listed on: 05/20/2020

HUNT Real Estate Corporation

Last Buyer's Agent

Enas Latif

Listing by HUNT Real Estate Corporation License #10301216105 Listed on: 05/20/2020

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,313 Sq Ft Lot
  • Lot Dimensions are 125 x 66
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Drapes & Rods
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 143089-091-050-0005-014-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • NY Swis Code: Cheektowaga-143089
  • Total Assessed Value: 88000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • Lot Number: 14
  • Lot Shape: Rectangular
  • Nearest Cross Street: Harlem
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 460526.32
  • Ratio Close Price By Sq Ft: 46.54
  • Ratio List Price By Acres: 521052.63
  • Ratio List Price By Sq Ft: 52.66
  • Regional Board Code: Buffalo
  • Roof Description: Shingles
  • School Tax: 2422
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing Unknown
  • Lot Sq Ft: 8313
  • Age of Building: 71
  • Year Built: 1951
  • Directions To Property: South on Harlem, east on Loretto
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Additional Interior Features: Drapes - Some, Natural Woodwork - some
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 1880

Exterior Features

  • Construction: Brick, Shake Shingle
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.1900

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Space Heater
  • Number of Gas Meters: 2
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Cleveland Hill

Lot Info

  • Parcel Number: 143089-091-050-0005-014-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4922

MLS Schools

  • School District Name: Cleveland Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Sep 8, 2020
Sold by
Walia Harmohinder S and Walia Vaninder
Bought by
Monim Thahia and Chowdhury Shakil
Seller's Agent
Enas Latif
HUNT Real Estate Corporation
Buyer's Agent
Enas Latif
HUNT Real Estate Corporation
List Price
$99,000
Sold Price
$87,500
Premium/Discount to List
-$11,500
-11.62%
Current Estimated Value
$198,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,313
Avg. Annual Appreciation
17.88%
Original Mortgage
$78,750
Outstanding Balance
$70,674
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$124,590

Purchase Details

Listed on
Dec 16, 2015
Closed on
Feb 12, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Walia Harmohinder S and Walia Vaninder
Seller's Agent
Phillip Greiner
Prestige Family Realty
Buyer's Agent
Phillip Greiner
Prestige Family Realty
List Price
$45,000
Sold Price
$46,500
Premium/Discount to List
$1,500
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%

Purchase Details

Closed on
Sep 3, 2015
Sold by
Degolier Stapleton Angela M and Citimortgage Inc
Bought by
Secretary Of Veteran S Affairs

Purchase Details

Closed on
May 18, 2009
Sold by
Marlin Daniel and Marlin Paul
Bought by
Stapleton Stephen C and Degolier Stapleton Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,720
Interest Rate
4.83%
Mortgage Type
VA
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
Monim Thahia $87,500 None Available
Walia Harmohinder S $46,500 None Available
Secretary Of Veteran S Affairs $135,256 Fidelity Title Insurance Com
Stapleton Stephen C $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monim Thahia $78,750
Previous Owner Stapleton Stephen C $81,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $87,500 -11.6% $47 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $99,000 0.0% $53 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $99,000 0.0% $53 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $99,000 +112.9% $53 / Sq Ft
03/02/2016 03/02/16 Sold $46,500 +3.3% $25 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $45,000 -- $24 / 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 -- $108,000 $17,200 $90,800
2023 $4,121 $108,000 $17,200 $90,800
2022 $4,005 $108,000 $17,200 $90,800
2021 $3,972 $94,000 $17,200 $76,800
2020 $4,600 $73,040 $11,700 $61,340
2019 $3,832 $88,000 $11,700 $76,300
2018 $4,798 $88,000 $11,700 $76,300
2017 $1,962 $88,000 $11,700 $76,300
2016 $3,824 $68,700 $11,700 $57,000
2014 -- $79,000 $11,800 $67,200
Source: Public Records

Agents Affiliated with this Home

  • Enas Latif

    Seller's Agent in 2020

    Enas Latif

    Hunt Real Estate

    (716) 417-4755

    18 in this area

    732 Total Sales

    Enas Latif
    Section Image

  • P

    Seller's Agent in 2016

    Phillip Greiner

    Prestige Family Realty

    (716) 322-3175

    10 Total Sales

    Phillip Greiner
    Section Image
  • James Roberts

    Seller Co-Listing Agent in 2016

    James Roberts

    WNY Metro Roberts Realty

    (716) 480-3049

    2 in this area

    119 Total Sales

    James Roberts
    Section Image
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Map

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

MLS Number: B1265324

Western New York Real Estate Information Services (WNYREIS)

APN: 143089-091-050-0005-014-000

New York Erie County Buffalo 14225 Cleveland Hill

8 Loretto Dr, Buffalo, NY

This home is located at 8 Loretto Dr, Buffalo, NY 14225 since 20 May 2020 and is currently estimated at $198,813, approximately $105 per square foot. This property was built in 1951. 8 Loretto Dr is a home located in Erie County with nearby schools including Cleveland Hill Elementary School, Cleveland Hill Middle School, and Cleveland Hill High School.

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