NOT LISTED FOR SALE

Estimated Value: $274,000 - $377,189

7 Beds
3 Baths
2,952 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $225,500 $76 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,061/month

3 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Rectangular Lot
  • Fenced Yard

About This Home

As of August 2020

Tenant Occupied - fully rented turn-key multi-family dwelling. All 3 units remodeled in 2019. Tenants want to stay. Separate utilities. All units include stove, refrigerator, washer & dryer. Fully fenced yard. Plenty of parking.

Last Agent to Sell the Property

Michael Gersitz

Listing by Signature Real Estate Services License #10401334769 Listed on: 06/05/2020

Last Buyer's Agent

Renee Stiglmeier

Listing by HUNT Real Estate Corporation License #10401295581

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 251 x 50
  • Fenced Yard
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 29
  • Assessor Parcel Number 291200-182-006-0003-029-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,150

Year Built

Built in 1952

Lot Details

0

Listing Details

  • NY Swis Code: North Tonawanda-City-291200
  • Total Assessed Value: 88000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 251
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 29
  • Lot Shape: Rectangular
  • Nearest Cross Street: Walck
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 782714.34
  • Ratio Close Price By Sq Ft: 76.39
  • Ratio List Price By Acres: 725442.55
  • Ratio List Price By Sq Ft: 70.80
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 2106
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 70
  • Year Built: 1952
  • Directions To Property: Nash Road - just north of Walck Road.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1952

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Slab
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2952

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Fully Fenced Yard
  • Number of Acres: 0.2881

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 291200-182-006-0003-029-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4150

MLS Schools

  • School District Name: North Tonawanda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 26, 2020
Sold by
Gersitz Michael
Bought by
Schwindler Kevin A
Seller's Agent
Michael Gersitz
Signature Real Estate Services
Buyer's Agent
Renee Stiglmeier
HUNT Real Estate Corporation
List Price
$209,000
Sold Price
$225,500
Premium/Discount to List
$16,500
7.89%
Current Estimated Value
$324,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,797
Avg. Annual Appreciation
7.14%
Original Mortgage
$218,735
Outstanding Balance
$194,469
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$129,828

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 7, 2018
Sold by
Mtglq Investors Lp
Bought by
Gersitz Michael
Seller's Agent
Scott Walters
S.A.W. Commission Cutters
Buyer's Agent
Dana Calhoun
eXp Realty
List Price
$105,000
Sold Price
$111,000
Premium/Discount to List
$6,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.36%
Original Mortgage
$83,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2018
Sold by
Maxcon Erie L and Fisher Craig
Bought by
Mtglq Investors Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2006
Sold by
Case Michael
Bought by
Maxson Erie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,400
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2002
Sold by
Keller Donald A
Bought by
Case Michael P
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
Schwindler Kevin A $225,500 Chicago Title Insurance Co
Gersitz Michael $111,000 None Available
Mtglq Investors Lp $60,000 None Available
Maxson Erie $77,300 David Heim
Case Michael P $65,000 Gina Guzman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwindler Kevin A $218,735
Previous Owner Gersitz Michael $83,250
Previous Owner Maxson Erie $73,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2020 08/26/20 Sold $225,500 +7.9% $76 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $209,000 +88.3% $71 / Sq Ft
12/11/2018 12/11/18 Sold $111,000 +5.7% $38 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $105,000 -- $36 / 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 $4,237 $120,000 $17,100 $102,900
2023 $4,132 $120,000 $17,100 $102,900
2022 $4,086 $120,000 $17,100 $102,900
2021 $4,059 $120,000 $17,100 $102,900
2020 $2,915 $88,000 $17,100 $70,900
2019 $1,055 $88,000 $17,100 $70,900
2018 $2,541 $77,000 $17,100 $59,900
2017 $2,503 $77,000 $17,100 $59,900
2016 $2,458 $77,000 $17,100 $59,900
2015 -- $77,000 $17,100 $59,900
2014 -- $77,000 $17,100 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1269256

Western New York Real Estate Information Services (WNYREIS)

APN: 291200-182-006-0003-029-000