Sold
Last Sold Price
5 beds2 baths2,350 sqft$94/sqft
509 Rice Rd, Elma, NY 14059
Multi FamilyProperty Type
1.12 acresLot Size
1840Year Built
$94/sq ftPrice per sq ft
4 carsParking Spaces

Description

Location is the key ! A few miles from the 400 Expressway to this highly sought after town of Elma, with low taxes and Iroquois Schools. This two unit property consists of a first floor 3 bedroom with large living, dining and "other" rooms. Stone front porch. Four (4) attached garage spaces for incredible storage for cars, toys, projects and more! Enjoy the One acre private yard with mature trees. Super convenient horseshoe blacktopped driveway with extra parking spots. Upstairs 2 bedroom apartment...Location is the key ! A few miles from the 400 Expressway to this highly sought after town of Elma, with low taxes and Iroquois Schools. This two unit property consists of a first floor 3 bedroom with large living, dining and "other" rooms. Stone front porch. Four (4) attached garage spaces for incredible storage for cars, toys, projects and more! Enjoy the One acre private yard with mature trees. Super convenient horseshoe blacktopped driveway with extra parking spots. Upstairs 2 bedroom apartment features a large master bedroom, snack bar with stools and washer+ dryer. Roof 2017 on main house and garages. Make this your own and have the tenant help pay the mortgage ! Motivated seller now, bring an offer!
  • Listed by: Sandra L Jerge 716.668.2500 SandraMetroRoberts@gmail.com • WNY Metro Roberts Realty
Listing closed: 01/18/2022 12:00 AM • Source: WNYREIS, MLS#: B1334055

Recent comparable sales

Median sold price

$390,000

Avg days on market

64

Sale-to-list ratio

99.5%

Elma, NY

9 comparable properties found

$250,000 | 6441 Clinton Street, Elma, NY 14059
1/2
1

$250,000

Sold 08/05/25

4
Bedrooms
2,240
Square Feet
3
Acres
$460,000 | 15 Sullivan Drive, Elma, NY 14059
1/2
2

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Sold 12/18/24

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Bedrooms
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Square Feet
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Sold 03/30/26

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2
Bathrooms
2,706
Square Feet
5
Acres
$549,000 | 59 South Jerge Drive, Elma, NY 14059
1/2
4

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Sold 03/21/25

5
Bedrooms
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Square Feet
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Sold 08/05/25

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Acres
$370,000 | 2721 Bowen Road, Elma, NY 14059
1/2
6

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Sold 01/28/26

4
Bedrooms
2,622
Square Feet
0.50
Acres
$390,000 | 180 Winspear Road, Elma, NY 14059
1/2
7

$390,000

Sold 10/31/25

5
Bedrooms
3,179
Square Feet
1.1
Acres
8

$254,000

Sold 12/17/24

3
Bedrooms
2
Bathrooms
2,606
Square Feet
5.2
Acres
$410,000 | 1170 Jamison Road, Elma, NY 14052
1/2
9

$410,000

Sold 10/03/25

4
Bedrooms
2,457
Square Feet
1
Acres

Location

Listing Courtesy of WNY Metro Roberts Realty

Sold By Trank Real Estate

Add your commute

Payment Calculator

$1,397 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,118

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 509 Rice Road

Property Details
  • Taxes: $3,341 / year
  • MLS Type: Residential / Residential
  • County: Erie County
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • On Waterfront: No
  • Parking Description: Garage, Paved, Parking Available, Two Or More Spaces
  • Nearest Cross Street: Seneca Street
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1840
  • Lot Size: 1.12 AC / 49,000 SF
Summary
Location and General Information
  • Accessibility: Accessibility Features
  • Elementary School District: Iroquois
  • High School District: Iroquois
  • Middle Or Junior School District: Iroquois
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: 4.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Elma-144200
  • Tax Annual Amount: $3,341.00
Property
Lot Information
  • Building Area Total: 2350.0
  • Land Features: Agricultural
  • Num Of Acres: 1.1249
  • Lot Size Area: 1.1249
  • Lot Size Square Feet: 49000.0
  • Lot Size Units: Acres
  • Parcel Number: 144200-145-000-0002-006-000
  • Lot Number: 6
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $6,200
  • Year Built: 1840
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Septic Tank
  • Utilities Available: Cable Available, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Steel Siding, Stone, Copper Plumbing
  • Foundation Description: Stone
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full, Sump Pump
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 1
  • Fireplace YN: Yes
  • Floor Description: Carpet, Hardwood, Varies, Vinyl
  • Heating: Gas, Baseboard
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Natural Woodwork
  • Levels: Two
  • Sq Ft Total: 2350.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$3,341.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Insurance, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dishwasher,Oven/ Range,Refrigerator,Eat-In Kitchen,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Dining Area With Kitchen,Living Room
  • Unit Type Total Rent: $850.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 850
Rental
Rental Information
  • Rent Includes: Water

Property History for 509 Rice Road

DateEvent & SourcePriceAppreciation
Jan 18, 2022

Sold

New York State Alliance of MLSs (Buffalo) #B1334055

$220,000
Jan 18, 2022

Sold

WNYREIS #B1334055

$220,000
Jan 14, 2022

Sold (Public Record)

Public Record #1489718699

$220,000
DateEvent & SourcePrice
01/18/2022

Sold

New York State Alliance of MLSs (Buffalo) #B1334055

$220,000
01/18/2022

Sold

WNYREIS #B1334055

$220,000
01/14/2022

Sold (Public Record)

Public Record #1489718699

$220,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 509 Rice Road

Taxable ValueLand$1,500Additions$4,700Total$6,200
Tax Record2025$1,044 ($87 / month)
Home Facts
Baths2Total Finished SqFt2,350 SqFtAbove Grade Finished SqFt2,350 SqFtStories2Lot Size48,787 SqFtStyleDuplexYear Built1840CountyERIEAPN144200 145.00-2-6Fireplace TypeHas Fireplace

Schools near 509 Rice Road

This home is within Iroquois Central School District.
Rating
School
Type
Grades
Distance
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Iroquois Intermediate School
Public4 to 5

Iroquois Middle School
Public6 to 8

Iroquois Senior High School
Public9 to 12

Wales Primary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 509 Rice Road, Elma, NY 14059
$220,000
5
2
2,350
49,000
$257,000
3
1,848
33,106
3
2
2,025
33,106
2
1,092
35,719
$258,000
4
2,104
108,900
130,680

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WNY Metro Roberts Realty

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.