NOT LISTED FOR SALE

Estimated Value: $142,114

6 Beds
2 Baths
2,648 Sq Ft
$54/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $50,000 $19 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $885/month

49 Days on Market

Highlights

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

About This Home

As of October 2016

Amazing multi family property in great condition now available for sale in the city. The lower is occupied with a long term tenant and the upper is newly renovated with a new tenant. Total rental income is $13500/ year. This is a great purchase for new or seasoned investors, both local and foreign. Located on a main road near everything in the city. With updates made since last listed. Serious seller, come with offers.

Last Agent to Sell the Property

Ben Schwed

Listing by Soul Side Real Estate Solutions Inc License #10311210623 Listed on: 06/27/2016

Last Buyer's Agent

Anesha Kalicharan

Listing by Howard Hanna WNY Inc. License #10301213608

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $360

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 127 x 35

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,648 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • No Garage
  • No Driveway

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 140200-090-780-0004-002-000

Community Details

Overview

  • 2 Units
  • Holland Land Cos Surv Community
  • Holland Land Cos Surv Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$360

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 96
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 20000
  • Gross Annual Income: 13500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 127
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • L P Per Acre: 549000.0000
  • List Price per Sq Ft: 20.7326
  • Nearest Cross Street: Stevens
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 500000.00
  • Ratio Close Price By Sq Ft: 18.88
  • Ratio List Price By Acres: 549000.00
  • Ratio List Price By Sq Ft: 20.73
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Refuse Removal, Water
  • School Tax: 120
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 54900.00
  • Year Built Description: Existing
  • Age of Building: 103
  • Year Built: 1920
  • Directions To Property: Delavan inbetween Grider and William L Gaiter Pkwy
  • Subdivision Comm Complex: HOLLAND LAND COS SURV
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Full, Unfinished
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Number of Rooms: 12
  • Total Sq Ft: 2648

Exterior Features

  • Construction: Aluminum/Steel, Vinyl, Wood
  • Number of Acres: 0.1000

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

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: 140200-090-780-0004-002-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 360

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Oct 15, 2016
Sold by
Lions Development Group Llc
Bought by
Dream Land Group Inc
Seller's Agent
Ben Schwed
Soul Side Real Estate Solutions Inc
Buyer's Agent
Anesha Kalicharan
Howard Hanna WNY Inc.
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$142,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,114
Avg. Annual Appreciation
11.97%

Purchase Details

Closed on
Dec 16, 2015
Sold by
Lynch Diane
Bought by
Lions Development Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dream Land Group Inc $50,000 None Available
Dream Land Group Inc $50,000 None Available
Dream Land Group Inc $50,000 None Available
Lions Development Group Llc $13,000 None Available
Lions Development Group Llc $13,000 None Available
Lions Development Group Llc $13,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2016 10/18/16 Sold $50,000 -16.5% $19 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $59,900 -- $23 / 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
2023 $274 $54,000 $2,300 $51,700
2022 $272 $54,000 $2,300 $51,700
2021 $272 $54,000 $2,300 $51,700
2020 $154 $54,000 $2,300 $51,700
2019 $549 $20,000 $2,700 $17,300
2018 $516 $20,000 $2,700 $17,300
2017 $119 $20,000 $2,700 $17,300
2016 $487 $20,000 $2,700 $17,300
2015 -- $20,000 $2,700 $17,300
2014 -- $20,000 $2,700 $17,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B503205

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-090-780-0004-002-000