NOT LISTED FOR SALE

84 Minnesota Ave Buffalo, NY 14214

University District Neighborhood

Estimated Value: $137,000 - $279,000

6 Beds
2 Baths
2,744 Sq Ft
$83/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $62,000 $23 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,223/month

125 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Lasalle
  • Forced Air Cooling System
  • 2 Fireplaces

About This Home

As of March 2014

Here's the opportunity to own a double in N Buffalo for investors or for owner occupied and rent the other unit. Property is in good shape. Come take a look!

Last Agent to Sell the Property

Michael Wilson

Listing by No Office Affiliation License #10491202452 Listed on: 09/19/2013

Last Buyer's Agent

Carl Jay

Listing by MJ Peterson Real Estate Inc. License #30JA0525241

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 146 x 40

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,744 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes water
  • Assessor Parcel Number 140200-079-620-0004-016-000

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 1925

Lot Details

0

Listing Details

  • Age: 88
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 70000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 146
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • L P Per Acre: 500000.0000
  • List Price per Sq Ft: 23.6880
  • Nearest Cross Street: Main St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 476923.08
  • Ratio Close Price By Sq Ft: 22.59
  • Ratio List Price By Acres: 500000.00
  • Ratio List Price By Sq Ft: 23.69
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 1
  • Sale Price List Price: 0.9538
  • S P Per Acre: 476923.0800
  • S P Per Sq Ft: 22.5900
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 65000.00
  • Year Built Description: Existing
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: From Main St, East on Minnesota
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Number of Fireplaces Total Calculated: 2
  • Number of Rooms: 12
  • Total Sq Ft: 2744

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1300

Garage/Parking

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

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: 140200-079-620-0004-016-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2013
Closed on
Mar 10, 2014
Sold by
The Bank Of New York Mellon Trust Co
Bought by
Sai Realty 1 Llc
Seller's Agent
Michael Wilson
No Office Affiliation
Buyer's Agent
Carl Jay
MJ Peterson Real Estate Inc.
List Price
$85,000
Sold Price
$62,000
Premium/Discount to List
-$23,000
-27.06%
Current Estimated Value
$228,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,000
Avg. Annual Appreciation
11.66%
Original Mortgage
$32,950
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 19, 2013
Closed on
Feb 24, 2014
Sold by
The Bank Of New York Mellon Trust Co
Bought by
The Bank Of New York Mellon Trust Co
Seller's Agent
Michael Wilson
No Office Affiliation
Buyer's Agent
Carl Jay
MJ Peterson Real Estate Inc.
List Price
$85,000
Sold Price
$62,000
Premium/Discount to List
-$23,000
-27.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,950
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2013
Sold by
Kupchik Brian M and Cheng Jospeh H
Bought by
The Bank Of New York Mellon Trust Co Na

Purchase Details

Closed on
Jun 6, 2004
Sold by
Rizzo Ronald and Winkler Thomas
Bought by
Kupchik Brian M and Cheng Joseph N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,260
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 1996
Sold by
Patricola Theodore V
Bought by
Winkler Thomas Rizzo Ronald Ge
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
Sai Realty 1 Llc $62,000 None Available
The Bank Of New York Mellon Trust Co -- None Available
The Bank Of New York Mellon Trust Co Na $76,556 None Available
Kupchik Brian M $71,400 --
Winkler Thomas Rizzo Ronald Ge $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sai Realty 1 Llc $32,950
Previous Owner Kupchik Brian M $64,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $62,000 -27.1% $23 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $85,000 -- $31 / 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 $381 $68,000 $7,600 $60,400
2023 $345 $68,000 $7,600 $60,400
2022 $342 $68,000 $7,600 $60,400
2021 $342 $68,000 $7,600 $60,400
2020 $539 $68,000 $7,600 $60,400
2019 $1,920 $70,000 $6,200 $63,800
2018 $1,807 $70,000 $6,200 $63,800
2017 $416 $70,000 $6,200 $63,800
2016 $1,704 $70,000 $6,200 $63,800
2015 -- $70,000 $6,200 $63,800
2014 -- $70,000 $6,200 $63,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Wilson

    No Office Affiliation

    Section Image

  • C

    Buyer's Agent in 2014

    Carl Jay

    MJ Peterson Real Estate Inc.

    (716) 870-0100

    17 Total Sales

    Carl Jay
    Section Image
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Map

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

MLS Number: B439157

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-620-0004-016-000

New York Erie County Buffalo 14214 University District

84 Minnesota Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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