485 Oliver St, N Tonawanda, NY 14120

4 beds2 baths5,859 sqft Edit

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Sold: $75,000
Sold on 10/29/14
Zestimate®: $247,078
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Real estate agent who did a walk through and appraisal , appraised it at $99,000.00 before kitchen and bath remodel was completed . Remodels are now completed . This property was purchased as a fixer by , General Contractor, owner in order to improve and flip .There has been over $35,000 ( Materials ) in repairs and improvements . It is for sale at $85,000.00 . Like properties in the area are selling for $120,000.00 ++ This is your opportunity to own an incredible location on the corner of Wheatfield on the historic Oliver St.
1st floor commercial ( was a popular tavern ) 1 very large residence up stairs ( nearly 3000 square ft.) It can be divided , has two entrances . Remodeled and improved over the course of two years . New upstairs laundry as well as laundry in basement . Full walk up attic could be used as media room or great storage. Two car garage . Oliver street is currently going through government granted improvements and this property is the cornerstone , prized property .
Full basement with office . Employee area with lockers, storage room and walk in cooler, also has freezers and ice maker . More +
 

What I love about the home

There's a basement, bar & restaurant, living quarters our 4 bdrm apt, and full attic. Very large home. The Bar and Restaurant is closed and ready for new occupant Great for the kids with parks , River , Erie Canal and public swimming pool so close, great for the business with being on a corner lot with great traffic flow. Best of both worlds. The whole building and business is for sale. The Kitchen and bathrooms ( 2 Jacuzzi Tubs / showers ) have been remodeled and a laundry closet with hook-ups for a stacked W&D unit have been added . New electrical panel for the bar as well as upgraded heat and plumbing systems . New exterior paint . New insulated attic. Attic has electrical and lighting and is full stand up height
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Facts

  • Lot: 3,920 sqft
  • Miscellaneous
  • Built in 1900
  • Views: 2,738 all time views
  • Last sold: Oct 2014 for $75,000
  • Last sale price/sqft: $13

Features

  • Attic
  • Barbecue
  • Cable Ready
  • Ceiling Fan
  • Double Pane/Storm Windows
  • Fenced Yard
  • Finished basement
  • Fireplace
  • Flooring: Hardwood
  • Jetted Tub
  • Lawn
  • Parking: 2 spaces
  • Pond
  • Storage
  • Wet Bar

Additional Features

  • COMMERCIAL PROPERTY = BAR AND RESTAURANT DOWNSTAIRS UPSTAIRS -4 BDRM OR COULD BE 2 SEPARATE APTS.

Room Types

  • Dining room
  • Family room
  • Laundry room
  • Library
  • Master bath
  • Mud room
  • Office
  • Pantry

Construction

  • Exterior material: Composition, Vinyl, Wood
  • Room count: 6
  • Stories: 2

Other

  • Floor size: 5,859 sqft
  • Heating: Gas
  • Last remodel year: 2013
  • Zillow Home ID: 2146023771

Zestimate Details

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$247,078
-$4,892 Last 30 days
$203K
$296K
Zestimate range
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Owner estimate:
Posted on 07/27/2014
$99,000 (based on home appraisal)
Several agent appraisals with remodels and improvements included . Also comparative markets . This property has had ongoing improvements over the course of two years by general contractor owner .

Popularity on Zillow

2,738 all-time views
of this home (chart)

Mortgages

Neighborhood

Market guide

Zillow predicts 14120 home values will increase 4% next year, compared to a 3.9% increase for North Tonawanda as a whole. Among 14120 homes, this home is valued 101.7% more than the midpoint (median) home, but is valued 86.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 14120, the number of foreclosures waiting to be sold is 29.4% less than in North Tonawanda, and 77.1% lower than the national average. This lower local number could help 14120 home values rise more quickly than other regions in North Tonawanda.

Learn more about forecast calculations or 14120 home values.
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    Nearby Schools in North Tonawanda

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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