NOT LISTED FOR SALE

1226 Bailey Ave Buffalo, NY 14206

Lovejoy Neighborhood

Estimated Value: $158,000 - $178,762

6 Beds
2 Baths
2,880 Sq Ft
$59/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2016

Last sale price $65,000 $23 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $955 / mo

38 Days on Market

Highlights

  • Partial Attic
  • Forced Air Cooling System
  • Rectangular Lot
  • City Honors School At Fosdick Masten Park Rated A
  • Property is near bus stop
  • Partially Fenced Property

About This Home

As of December 2016

VR pricing. Seller will consider offers between $40,000 and $65,000. Spacious 3 unit has 3 bedroom in each unit! In need of rehab but well worth the investment!

Last Agent to Sell the Property

Carmen Laurendi

Listing by Howard Hanna WNY Inc. License #30LA0811245 Listed on: 07/01/2016

Howard Hanna WNY Inc.

Last Buyer's Agent

William Smith

Listing by No Office Affiliation License #40SM1134488

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 125 x 39
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,880 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Linoleum
  • Laminate

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 140200-112-480-0002-017-000

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,453

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Age: 96
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 59100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 39
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 363636.3600
  • List Price per Sq Ft: 13.8888
  • Nearest Cross Street: Henepin St
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 590909.09
  • Ratio Close Price By Sq Ft: 22.57
  • Ratio List Price By Acres: 363636.36
  • Ratio List Price By Sq Ft: 13.89
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 537
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Between Hennepin and Ludington St.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Laminate-Some, Linoleum/Vinyl
  • Number of Rooms: 16
  • Total Sq Ft: 2880

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.1100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Heat Gas on Gas Stove
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-112-480-0002-017-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1453

MLS Schools

  • School District Name: Buffalo

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Bought by
Current Estimated Value
$171,191

Purchase Details

Listed on
Jul 1, 2016
Closed on
Dec 6, 2016
Sold by
Bought by
Seller's Agent
Carmen Laurendi
Howard Hanna WNY Inc.
Buyer's Agent
William Smith
No Office Affiliation
List Price
$40,000
Sold Price
$65,000
Premium/Discount to List
$25,000
62.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$65,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $22,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/08/2016 12/08/16 Sold $65,000 +62.5% $23 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $40,000 -- $14 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $364 $148,000 $16,000 $132,000
2024 $364 $65,000 $5,000 $60,000
2023 $338 $65,000 $5,000 $60,000
2022 $327 $65,000 $5,000 $60,000
2021 $327 $65,000 $5,000 $60,000
2020 $455 $65,000 $5,000 $60,000
2019 $1,621 $59,100 $4,500 $54,600
2018 $1,526 $59,100 $4,500 $54,600
2017 $1,058 $59,100 $4,500 $54,600
Source: Public Records

Agents Affiliated with this Home

  • Carmen Laurendi

    Seller's Agent in 2016

    Carmen Laurendi

    Howard Hanna

    (716) 622-7660

    1 in this area

    436 Total Sales

    Carmen Laurendi
    Section Image

  • W

    Buyer's Agent in 2016

    William Smith

    No Office Affiliation

    Section Image

  • J

    Buyer Co-Listing Agent in 2016

    Jonathan Liffiton

    No Office Affiliation

See All Agents

Map

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

MLS Number: B503848

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-112-480-0002-017-000

New York Erie County Buffalo 14206 Lovejoy

1226 Bailey Ave, Buffalo, NY

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