NOT LISTED FOR SALE

Estimated Value: $214,000 - $236,000

5 Beds
3 Baths
2,220 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2018

Last sale price $118,500 $53 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,222 / mo

18 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of February 2018

Fantastic 3/2 double with additional rented storage unit in promptly appreciating Buffalo neighborhood, with a true 10.6% capitalization rate. Current gross income is $19,500 and property is located 1 mile from Buffalo State College and 0.2 miles from Wegmans on Amherst Street. Property features brand new tear off roof with new gutters, maintenance free vinyl siding, new double hung windows throughout, 3 off street parking spots, fully fenced yard with some new fencing, separate utilities including copper and PVC plumbing, new electric service 1 year old, ceramic tile surround showers/baths, and IN-UNIT laundry for each apartment. Each apartment has a separate and secured storage area in the unfinished attic space, and the property is fully rented and conveys with appliances.

Last Agent to Sell the Property

Nicholas Giambra

Listing by Giambra Realty Corp License #10311210668 Listed on: 12/11/2017

Last Buyer's Agent

James Fleming

Listing by Keller Williams Realty WNY License #10401291636

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 1902

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 30
  • Assessor Parcel Number 140200-088-280-0001-030-000

Community Details

Overview

  • 3 Units
  • Parish Subdivision

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $5,766
  • Gross Income $19,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,024

Year Built

Built in 1902

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1902
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Parish
  • Directions: On Howell off of Amherst Street
  • Architectural Style: Duplex
  • Flooring: Laminate, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1148
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-088-280-0001-030-000
  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5000.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 2
  • Annual Gross Income: 19500.0
  • Annual Operating Expense: 5766.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 1024.0
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
Jan 29, 2018
Sold by
Buf Ton Properties Llc
Bought by
Teepeta Dennis
Seller's Agent
Nicholas Giambra
Giambra Realty Corp
Buyer's Agent
James Fleming
Keller Williams Realty WNY
List Price
$129,900
Sold Price
$118,500
Premium/Discount to List
-$11,400
-8.78%
Current Estimated Value
$222,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,530
Avg. Annual Appreciation
7.96%
Original Mortgage
$110,205
Outstanding Balance
$92,855
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$129,175

Purchase Details

Closed on
May 20, 2016
Sold by
Marquee Residential Llc
Bought by
Buf Ton Propeites Llc

Purchase Details

Listed on
May 13, 2015
Closed on
Aug 27, 2015
Sold by
Fannie Mae and Rosicki Rosicki & Associates Pc
Bought by
Marquee Residential Llc
Seller's Agent
George Correa
No Office Affiliation
Buyer's Agent
Nicholas Giambra
Giambra Realty Corp
List Price
$29,000
Sold Price
$31,000
Premium/Discount to List
$2,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.31%

Purchase Details

Closed on
Jun 4, 2015
Sold by
Fleming Ryon
Bought by
Federal National Mortgage Association
Source: Public Records
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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
Teepeta Dennis $118,500 None Available
Buf Ton Propeites Llc -- None Available
Marquee Residential Llc $31,000 None Available
Federal National Mortgage Association $79,272 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teepeta Dennis $110,205
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2018 02/20/18 Sold $118,500 -1.2% $53 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
12/23/2017 12/23/17 Price Changed $119,900 -7.7% $54 / Sq Ft
12/11/2017 12/11/17 For Sale $129,900 +319.0% $59 / Sq Ft
09/10/2015 09/10/15 Sold $31,000 +6.9% $14 / Sq Ft View Prior Sale
08/12/2015 08/12/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $29,000 -- $13 / 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
2025 $639 $184,000 $13,000 $171,000
2024 $639 $114,000 $4,000 $110,000
2023 $578 $114,000 $4,000 $110,000
2022 $573 $114,000 $4,000 $110,000
2021 $573 $114,000 $4,000 $110,000
2020 $323 $114,000 $4,000 $110,000
2019 $1,152 $42,000 $5,500 $36,500
2018 $1,084 $42,000 $5,500 $36,500
2017 $250 $42,000 $5,500 $36,500
2016 $1,022 $42,000 $5,500 $36,500
2015 -- $42,000 $5,500 $36,500
2014 -- $42,000 $5,500 $36,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1090595

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-088-280-0001-030-000

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