NOT LISTED FOR SALE

Estimated Value: $113,555 - $314,000

6 Beds
3 Baths
3,068 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $50,000 $16 Per Sq Ft

Est. 331% increase in value since last sale

Current estimated payment $1,183/month

29 Days on Market

Highlights

  • Wood Flooring
  • 3 Fireplaces
  • Space Heater
  • Full Attic
  • Forced Air Cooling System
  • 2-minute walk to Pat Sole Park

About This Home

As of September 2013

***INVESTORS*** EXCELLENT MECHANICALS! UPDATED ELECTRICAL,SEWER LINE, LARGER WATER SERVICE,FURNACE AND BOILER WITHIN 5 YRS. THIS PROPERTY HAS 3 UPDATED APARTMENTS AND IS IN VERY NICE SHAPE. ALSO A 4 CAR GARAGE COLLECTING $1,440 YEARLY ADDITIONAL INCOME. LONG TERM TENANTS (2-18 YRS) WANT TO STAY AND UNDERSTAND RENTS ARE FAR BELOW MARKET VALUE. MUST BE CASH SALE. NEEDS A ROOF, BUT THAT'S IT!

Last Agent to Sell the Property

Mike Hartke

Listing by Howard Hanna WNY Inc License #40HA1118942 Listed on: 05/21/2013

Howard Hanna WNY Inc

Last Buyer's Agent

Glenn Westcott

Listing by No Office Affiliation License #10401232254

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1820

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 132 x 47
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Electric Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Parking

  • 4 Car Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 140200-099-580-0007-027-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,541

Year Built

Built in 1820

Lot Details

0

Listing Details

  • Age: 193
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 55000
  • Foundation Description: Stone
  • Gross Annual Income: 13800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 47
  • Lot Information: Commercial Zoning
  • Lot Shape: Rectangular
  • L P Per Acre: 427857.1400
  • List Price per Sq Ft: 19.5241
  • Nearest Cross Street: MASSACHUSETTS
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 357142.86
  • Ratio Close Price By Sq Ft: 16.30
  • Ratio List Price By Acres: 427857.14
  • Ratio List Price By Sq Ft: 19.52
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 604
  • Sale Price List Price: 0.8347
  • S P Per Acre: 357142.8600
  • S P Per Sq Ft: 16.3000
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 59900.00
  • Year Built Description: Existing
  • Age of Building: 203
  • Year Built: 1820
  • Directions To Property: FROM I-190 EXIT PORTER AVE. TAKE PORTER AVE EAST TO NIAGARA. HEAD NORTH ON NIAGARA TO 876 NIAGARA. PROPERTY ON LEFT PAST RHODE ISLAND.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1820

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Fireplaces Artificial: 3
  • Number of Fireplaces Total Calculated: 3
  • Number of Rooms: 14
  • Total Sq Ft: 3068

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1400

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 4.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air, Hot Water, Space Heater
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-099-580-0007-027-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1541

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Sep 10, 2013
Sold by
Lutz Gary W
Bought by
Fuchs Jessica
Seller's Agent
Mike Hartke
Howard Hanna WNY Inc
Buyer's Agent
Glenn Westcott
No Office Affiliation
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$215,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,389
Avg. Annual Appreciation
11.01%
Source: Public Records

Range of Values:

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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
Fuchs Jessica $50,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $50,000 -16.5% $16 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $59,900 -- $20 / 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 $426 $84,000 $19,000 $65,000
2023 $426 $84,000 $19,000 $65,000
2022 $422 $84,000 $19,000 $65,000
2021 $422 $84,000 $19,000 $65,000
2020 $423 $84,000 $19,000 $65,000
2019 $1,509 $55,000 $6,500 $48,500
2018 $1,420 $55,000 $6,500 $48,500
2017 $327 $55,000 $6,500 $48,500
2016 $1,339 $55,000 $6,500 $48,500
2015 -- $55,000 $6,500 $48,500
2014 -- $55,000 $6,500 $48,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B430411

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-580-0007-027-000