NOT LISTED FOR SALE

8974 Read Rd Corfu, NY 14036

Estimated Value: $280,000 - $304,000

6 Beds
3 Baths
2,472 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $230,000 $93 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,167/month

4 Days on Market

Highlights

  • Deck
  • Rectangular Lot
  • Wall to Wall Carpet
  • Baseboard Heating

About This Home

As of May 2021

Great investment opportunity! 4 units, all rented. Metal roof, vinyl siding, garage space with washer & dryer for tenants. Large parking area. Osmosis system for water. Market rate rents, low expenses, this is a good return on investment. Financial information is available.

Last Listed By

Margaret Tuerk

Listing by Howard Hanna WNY Inc License #10301218718 Listed on: 03/15/2021

Howard Hanna WNY Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1965

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 222 x 121
  • Rectangular Lot

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes all utilities, lawn maintenance, snow removal, water
  • Tax Lot 17
  • Assessor Parcel Number 184289-025-000-0001-017-000

Community Details

Overview

  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,114

Year Built

Built in 1965

Lot Details

0

Listing Details

  • NY Swis Code: Pembroke-184289
  • Total Assessed Value: 125600
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 222
  • Lot Dimension Front: 121
  • Lot Information: Agricultural District, Neighborhood Street
  • Lot Number: 17
  • Lot Shape: Rectangular
  • Nearest Cross Street: Genesee St./Route 33
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 403508.77
  • Ratio Close Price By Sq Ft: 93.04
  • Ratio List Price By Acres: 403333.33
  • Ratio List Price By Sq Ft: 93.00
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities, Lawn Maintenance, Snow Removal, Water
  • Roof Description: Metal
  • School Tax: 2456
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 57
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1896
  • Directions To Property: Genesee St. (Rte 33) or Main St. (Rte 5) to Read Rd. It is close to Genesee St.
  • Sq Ft Total Pub: 2472
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkout
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Not Repto Code: 1
  • Total Sq Ft: 2472

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck
  • Number of Acres: 0.5700

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Pembroke

Lot Info

  • Parcel Number: 184289-025-000-0001-017-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 4114

MLS Schools

  • School District Name: Pembroke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 21, 2021
Sold by
Sluce Norma C
Bought by
Cashell Alexis L and Cashell Chase M
Seller's Agent
Margaret Tuerk
Howard Hanna WNY Inc
Buyer's Agent
Robert Kwandrans
HUNT Real Estate Corporation
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%
Total Days on Market
4
Current Estimated Value
$297,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,436
Avg. Annual Appreciation
7.03%
Original Mortgage
$172,500
Outstanding Balance
$158,307
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$142,730

Purchase Details

Closed on
Dec 2, 1994
Sold by
Michalak Robert G
Bought by
Lefever Donald and Lefever Rebecca

Range of Values:

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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
Cashell Alexis L $230,000 None Available
Lefever Donald $10,000 --
Michalak Robert G $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cashell Alexis L $172,500
Previous Owner Sluce Norma C $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $230,000 0.0% $93 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $229,900 +17.3% $93 / Sq Ft
12/14/2018 12/14/18 Sold $196,000 -2.0% $79 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $200,000 -- $81 / 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 $6,212 $216,810 $10,300 $206,510
2023 $6,551 $216,810 $10,300 $206,510
2022 $6,186 $216,810 $10,300 $206,510
2021 $6,164 $216,810 $10,300 $206,510
2020 $4,004 $125,600 $8,600 $117,000
2019 $2,392 $125,600 $8,600 $117,000
2018 $2,392 $125,600 $8,600 $117,000
2017 $2,339 $125,600 $8,600 $117,000
2016 $2,258 $119,600 $8,600 $111,000
2015 -- $119,600 $8,600 $111,000
2014 -- $119,600 $8,600 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1323793

Western New York Real Estate Information Services (WNYREIS)

APN: 184289-025-000-0001-017-000