NOT LISTED FOR SALE

116 Gerald Ave Buffalo, NY 14215

Kenfield Neighborhood

Estimated Value: $145,681 - $223,000

4 Beds
2 Baths
2,074 Sq Ft
$86/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $45,000 $22 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $1,008/month

13 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Cooling System
  • Rectangular Lot
  • Balcony
  • Property is near a bus stop
  • Wall to Wall Carpet

About This Home

As of November 2015

This 2/2 double is located in a highly desirable area. Fully rented and the tenants would like to stay. Schedule your appointment for this money maker today.

Last Agent to Sell the Property

Philip Drenning

Listing by Keller Williams Realty WNY License #10401237470 Listed on: 08/18/2015

Keller Williams Realty WNY

Last Buyer's Agent

Jesse Cimino

Listing by No Office Affiliation License #10401244974

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1932

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 120 x 35
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Partial Copper Plumbing
  • Cedar

Interior Spaces

  • 2,074 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Linoleum

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 140200-090-730-0002-020-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,397

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Age: 83
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 59900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 35
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 549000.0000
  • List Price per Sq Ft: 26.4705
  • Nearest Cross Street: Newburgh
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 450000.00
  • Ratio Close Price By Sq Ft: 21.70
  • Ratio List Price By Acres: 549000.00
  • Ratio List Price By Sq Ft: 26.47
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Refuse Removal, Water
  • Sale Price List Price: 0.8196
  • S P Per Acre: 450000.0000
  • S P Per Sq Ft: 21.7000
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 54900.00
  • Year Built Description: Existing
  • Age of Building: 90
  • Year Built: 1932
  • Directions To Property: Newburgh to Gerald
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1932

Interior Features

  • Additional Interior Features: Copper Plumbing - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 10
  • Total Sq Ft: 2074

Exterior Features

  • Construction: Cedar, Frame
  • Additional Exterior Features: Balcony, Cable TV Available, Fully Fenced Yard
  • Number of Acres: 0.1000

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-090-730-0002-020-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1397

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2015
Closed on
Nov 17, 2015
Sold by
Frazier Kusiyo
Bought by
Ferdousi Gazi S
Seller's Agent
Philip Drenning
Keller Williams Realty WNY
Buyer's Agent
Jesse Cimino
No Office Affiliation
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%
Current Estimated Value
$177,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,613
Avg. Annual Appreciation
15.54%

Purchase Details

Closed on
Nov 5, 1997
Sold by
Lococo Angela
Bought by
Lee Robyn T
Source: Public Records

Range of Values:

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Average Value
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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
Ferdousi Gazi S $18,000 None Available
Lee Robyn T $21,300 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2015 11/23/15 Sold $45,000 -18.0% $22 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $54,900 -- $26 / 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 $319 $63,000 $4,700 $58,300
2023 $319 $63,000 $4,700 $58,300
2022 $317 $63,000 $4,700 $58,300
2021 $317 $63,000 $4,700 $58,300
2020 $461 $63,000 $4,700 $58,300
2019 $1,643 $59,900 $4,600 $55,300
2018 $1,546 $59,900 $4,600 $55,300
2017 $356 $59,900 $4,600 $55,300
2016 $1,458 $59,900 $4,600 $55,300
2015 -- $59,900 $4,600 $55,300
2014 -- $59,900 $4,600 $55,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Philip Drenning

    Keller Williams Realty WNY

    (716) 359-0398

    12 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    Jesse Cimino

    No Office Affiliation

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Map

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

MLS Number: B483171

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-090-730-0002-020-000

New York Erie County Buffalo 14215 Kenfield

116 Gerald Ave, Buffalo, NY

This home is located at 116 Gerald Ave, Buffalo, NY 14215 since 18 August 2015 and is currently estimated at $178,420, approximately $86 per square foot. This property was built in 1932. 116 Gerald Ave is a home located in Erie County with nearby schools including King Center Charter School, Charter School Of Inquiry, and Universal School.

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