NOT LISTED FOR SALE

1166 Abbott Rd Buffalo, NY 14220

South Abbott Neighborhood

Estimated Value: $428,406

Studio
-- Bath
4,325 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $232,500 $54 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,285/month

9 Days on Market

Highlights

  • Rowhouse Architecture
  • Full Attic
  • Forced Air Cooling System
  • Wood Flooring
  • Corner Lot

About This Home

As of May 2020

This property is cash flowing! There are two 3 bedroom occupied apartments that rent for $925, one 1 bedroom apartment that rents for $590, and a vacant commercial space on the first floor. Check out this turnkey property with fresh paint and new flooring AND tenants in place! There is a value add opportunity to rent out the commercial space or bring your business ideas.

Last Agent to Sell the Property

Michael Lina

Listing by Keystone Brokerage Inc License #10401312773 Listed on: 11/20/2019

Last Buyer's Agent

Mike Hartke

Listing by Howard Hanna WNY Inc License #40HA1118942

Howard Hanna WNY Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1930

Lot Details

  • 5,201 Sq Ft Lot
  • Lot Dimensions are 148 x 35
  • Corner Lot

Parking

  • Driveway

Home Design

  • Rowhouse Architecture
  • Mixed Use
  • Frame Construction

Interior Spaces

  • 4,325 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, snow removal, water
  • Tax Lot 2
  • Assessor Parcel Number 140200-133-820-0003-002-000

Community Details

Overview

  • 3 Units
  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,025

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 82200
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 148
  • Lot Dimension Front: 35
  • Lot Information: Corner Lot
  • Lot Number: 2
  • Nearest Cross Street: Dorrace Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1947236.18
  • Ratio Close Price By Sq Ft: 53.76
  • Ratio List Price By Acres: 1925460.64
  • Ratio List Price By Sq Ft: 53.16
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Snow Removal, Water
  • School Tax: 1160
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit, Mixed Use, Row Dwelling
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5201
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Take Abbott Rd. The property is on the corner of Abbott and Turner Ave.
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Vinyl-Some
  • Total Sq Ft: 4325

Exterior Features

  • Construction: Frame
  • Number of Acres: 0.1194

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-133-820-0003-002-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3025

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Klima Michael A
Bought by
1166 Abbott Road Llc
Current Estimated Value
$428,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 4, 2024
Sold by
Walton Michael R and Walton Gail
Bought by
Klima Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Nov 20, 2019
Closed on
Mar 20, 2020
Sold by
Core Capital Group Llc
Bought by
Walton Michael and Walton Gail
Seller's Agent
Michael Lina
Keystone Brokerage Inc
Buyer's Agent
Mike Hartke
Howard Hanna WNY Inc
List Price
$229,900
Sold Price
$232,500
Premium/Discount to List
$2,600
1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$192,000
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 7, 2018
Sold by
Lina Cpital Llc
Bought by
Core Capital Group Llc

Purchase Details

Closed on
Sep 14, 2018
Sold by
Halloran Daniel P and Halloran Cindra P
Bought by
Lina Capital Llc

Purchase Details

Closed on
Apr 26, 2016

Purchase Details

Closed on
Jun 6, 1996
Sold by
Dugan Patrick J
Bought by
Halloran Daniel P and Halloran Cindra P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
1166 Abbott Road Llc -- Stewart Title
1166 Abbott Road Llc -- Stewart Title
Klima Michael A $400,000 Stewart Title
Klima Michael A $400,000 Stewart Title
Klima Michael A $400,000 Stewart Title
Walton Michael $232,500 None Available
Walton Michael $232,500 None Available
Walton Michael $232,500 None Available
Core Capital Group Llc -- None Available
Core Capital Group Llc -- None Available
Core Capital Group Llc -- None Available
Lina Capital Llc $100,001 None Available
Lina Capital Llc $100,001 None Available
Lina Capital Llc $100,001 None Available
-- -- --
-- -- --
Halloran Daniel P $89,900 --
Halloran Daniel P $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klima Michael A $280,000
Previous Owner Walton Michael $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $232,500 +1.1% $54 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $229,900 -- $53 / 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 $538 $96,000 $12,400 $83,600
2023 $486 $96,000 $12,400 $83,600
2022 $483 $96,000 $12,400 $83,600
2021 $483 $96,000 $12,400 $83,600
2020 $633 $96,000 $12,400 $83,600
2019 $3,161 $82,200 $11,800 $70,400
2018 $2,922 $82,200 $11,800 $70,400
2017 $489 $82,200 $11,800 $70,400
2016 $2,751 $82,200 $11,800 $70,400
2015 -- $82,200 $11,800 $70,400
2014 -- $82,200 $11,800 $70,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Lina

    Keystone Brokerage Inc

    (716) 481-7950

    30 Total Sales

    Michael Lina
    Section Image
  • Mike Hartke

    Buyer's Agent in 2020

    Mike Hartke

    Howard Hanna

    (716) 713-5045

    1 in this area

    141 Total Sales

    Mike Hartke
    Section Image
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Map

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

MLS Number: B1234341

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-133-820-0003-002-000

New York Erie County Buffalo 14220 South Abbott

1166 Abbott Rd, Buffalo, NY

Not Listed for Sale

MultiFamily

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