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2249 Welch Avenue

2249 Welch Avenue, Niagara Falls, NY 14303
Multifamily in South End
Sold Jan 23, 2020
$90,000
$140,000 by The Upstate National Bank
Mortgage Due Jan 19, 2051
Local assessors in Niagara Falls, NY have categorized 2249 Welch Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 3,720 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 300 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 2249 Welch Avenue has a total of 5,280 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. 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, 2249 Welch Avenue sold most recently in Dec 6, 2019 for a total of $90,000. If you work out the math, that's approximately a cost of $23.24 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,134 in taxes each year. 2249 Welch Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,100. If we break it down further, the land itself was valued at $1,700. Improvements to the property, however, were assessed at a total of $37,400. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Composition Board Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 1,408
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,720
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,872
  • Gross Building Area: 3,872
  • Building Area: 3,872
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,280
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STEDMAN FARM
  • Land Acres: 0.085
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: TM 141 BL B LOT 141 R 2

Ownership

  • Current Owner : AND NICKEL CITY VENTURES LLC
  • Previous Owner : KAJDASZ CAROL A
  • Previous Owner 2: TUCKER GLORIA L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Niagara Falls City School District
  • School Tax School District: NIAGARA FALLS
  • Census Tract: 021700

Zoning

  • Zoning: R3-B

Geography

  • Account Number: 04/1528.
  • District: 291100
  • Section: 159.41
  • Parcel: 291100 159.41-2-49
  • Block: 2
  • Lot: 49.000
  • Municipality: NIAGARA FALLS
  • Latitude: 43.0875
  • Longitude: -79.034

    Address

  • Full Address: 2249 Welch Ave
  • Address - House Number: 2249
  • Address - Street Name: Welch
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Niagara Falls
  • Carrier Code: C009
  • 4-Digit Zip Code: 1834
  • Zip Code: 14303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,134
  • Tax Rate Code Area: 291100

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 607,034
  • High Value: 885,691
  • Low Value: 328,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: THE UPSTATE NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 19, 2051

    Market Valuation

  • Market Total Value: $72,400
  • Market Land Value: $3,148
  • Market Improvement Value: $69,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,100
  • Assessed Land Value: $1,700
  • Assessed Improvements Value: $37,400

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Jan 23, 2020
  • Current Sale Transaction ID: 11720585228
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-01292

    Last Sale Mortgage

  • First Mortgage Lender: ZACHERY NEWBERRY
  • First Mortgage Transaction Date: Jan 23, 2020
  • First Mortgage Loan Amount: $47,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 23, 2021

About South End



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Frequently Asked Questions

What neighborhood is 2249 Welch Avenue located in?
The 2249 Welch Avenue is a multifamily located in the neighborhood of South End in South End, Niagara Falls.
What is the average sales price for listings in 2249 Welch Avenue?
The average sales price for units in 2249 Welch Avenue is $0 currently.

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