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1611 Pine Avenue

1611 Pine Avenue, Niagara Falls, NY 14301
Multifamily in Little Italy
2 Units For Sale
Unit for sale at 1611 Pine Avenue, Niagara Falls, NY 14301

$214,900 ↓ $5K

  • 4 Beds
  • 2 Baths
1611 Pine Avenue, Niagara Falls, NY 14301 Listing by Sharon A Gadacz

Unit for sale at 1611 Pine Avenue, Niagara Falls, NY 14301

$214,900

  • Commercial
1611 Pine Avenue, Niagara Falls, NY 14301 Listing by Sharon A Gadacz

Local assessors in Niagara Falls, NY have categorized 1611 Pine Avenue as a commercial type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,348 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 270 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1611 Pine Avenue has a total of 6,175 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home has been utilizing oil for fuel. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1611 Pine Avenue sold most recently in Mar 29, 2007 for a total of $29,000. If you work out the math, that's approximately a cost of $7.48 per sqft. Before that, the property was also sold for $58,000 in Mar 29, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,845 in taxes each year. 1611 Pine Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $63,600. If we break it down further, the land itself was valued at $11,800. Improvements to the property, however, were assessed at a total of $51,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

Off-Site Parking

Accessibility

ADA Access
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210119
01/19/2021
Studio
-
6175 ft²
$199,000
bedrooms
Studio
bathrooms
-
square feet
6175 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 2,300
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,348
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 270
  • Total Building Area: 3,875
  • Gross Building Area: 3,875
  • Building Area: 3,875
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,175
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.076
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: TM 174 BL C LOT W.PT 47 480

Ownership

  • Current Owner : COLUCCI FRANK
  • Previous Owner : COLUCCI FRANK INC
  • Owner Before Previous Owner: COLUCCI FRANK P-PAUL R

Neighborhood

  • School District Name: Niagara Falls City School District
  • School Tax School District: NIAGARA FALLS
  • Census Tract: 021200

Zoning

  • Zoning: C2-B

Geography

  • Account Number: 05/3946.B
  • District: 291100
  • Section: 159.24
  • Parcel: 291100 159.24-1-18
  • Block: 1
  • Lot: 18.000
  • Municipality: NIAGARA FALLS
  • Latitude: 43.0948
  • Longitude: -79.0422

    Address

  • Full Address: 1611 Pine Ave
  • Address - House Number: 1611
  • Address - Street Name: Pine
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Niagara Falls
  • Carrier Code: C058
  • 4-Digit Zip Code: 2211
  • Zip Code: 14301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,845
  • Tax Rate Code Area: 291100

    Market Valuation

  • Market Total Value: $117,800
  • Market Land Value: $21,856
  • Market Improvement Value: $95,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,600
  • Assessed Land Value: $11,800
  • Assessed Improvements Value: $51,800

    Sales

  • Current Sale Contract Date: Mar 29, 2007
  • Current Sale Recording Date: Mar 29, 2007
  • Current Sale Transaction ID: 1194812149
  • Current Sale Price: $29,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 29, 2007
  • Previous Sale Contract Date: Mar 29, 2007
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANK P COLUCCI ETUL
  • First Mortgage Transaction Date: Mar 29, 2007
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 01, 2012

    Previous Mortgages

  • Previous Mortgage Lender: FRANK P COLUCCI ETUL
  • Previous Mortgage Transaction Date: Mar 29, 2007
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2012

About Little Italy



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Unit for rent at 1348 Pierce Avenue, Niagara Falls, NY, 14301

$775 /mo

  • 2 Beds
  • 1 Bath
  • 3,216 ft²
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Frequently Asked Questions

What neighborhood is 1611 Pine Avenue located in?
The 1611 Pine Avenue is a multifamily located in the neighborhood of Little Italy in Little Italy, Niagara Falls.
How many listings are currently for sale in 1611 Pine Avenue?
There are two listings currently on the market for sale.
What is the average sales price for listings in 1611 Pine Avenue?
The average sales price for units in 1611 Pine Avenue is $214,900 currently.

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