NOT LISTED FOR SALE

1238 Bailey Ave Buffalo, NY 14206

Lovejoy Neighborhood

Estimated Value: $126,000 - $187,000

6 Beds
2 Baths
2,652 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $135,000 $51 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $850/month

3 Days on Market

Highlights

  • Wood Flooring
  • Property is near bus stop
  • 5-minute walk to Hennepin Park
  • Forced Air Cooling System

About This Home

As of August 2022

2 Unit building. Property management company selling their portfolio, this is one of 61 units including single-family houses, multi-unit buildings, garages, and storefront.

Last Agent to Sell the Property

Brian Szkatulski

Listing by Danahy Real Estate License #40SZ1020687 Listed on: 06/07/2022

Co-Listed By

Elizabeth Fadale

Listing by Danahy Real Estate License #10301207188

Last Buyer's Agent

Timothy Ranallo

Listing by HUNT Real Estate Corporation License #40RA0947411

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 125 x 32

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,652 Sq Ft Home
  • 2.5-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

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
  • Tax Lot 14
  • Assessor Parcel Number 140200-112-480-0002-014-000

Community Details

Overview

  • 2 Units
  • Bailey Estate Anx 01 Community
  • Bailey Estate Anx 01 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,092

Year Built

Built in 1920

Lot Details

4,000 Sq Ft Lot

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 47000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line
  • Lot Number: 14
  • Nearest Cross Street: Bailey
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1470588.24
  • Ratio Close Price By Sq Ft: 50.90
  • Ratio List Price By Acres: 1416122.00
  • Ratio List Price By Sq Ft: 49.02
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 388
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4000
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2652
  • Directions To Property: Bailey
  • Sq Ft Total Pub: 2652
  • Subdivision Comm Complex: Bailey Estate Anx 01
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 2652

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0918

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 140200-112-480-0002-014-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1092

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 8, 2022
Sold by
1238 Bailey Llc
Bought by
Taaraz Chowdhury Llc
Seller's Agent
Brian Szkatulski
Danahy Real Estate
Buyer's Agent
Timothy Ranallo
HUNT Real Estate Corporation
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%
Current Estimated Value
$157,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,424
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Sep 21, 2018
Sold by
Preischel Joseph R
Bought by
1238 Bailey Llc

Purchase Details

Closed on
Jul 30, 2003
Sold by
Irwin Union Bank & Trust Co
Bought by
Buziak Daniel D
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
Taaraz Chowdhury Llc $135,000 Stewart Title Insurance Co
1238 Bailey Llc -- None Available
Buziak Daniel D $5,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2022 08/19/22 Sold $135,000 +3.8% $51 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $130,000 +217.1% $49 / Sq Ft
01/06/2016 01/06/16 Sold $41,000 +17.5% $15 / Sq Ft View Prior Sale
10/16/2015 10/16/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $34,900 -- $13 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $263 $47,000 $4,100 $42,900
2023 $238 $47,000 $4,100 $42,900
2022 $236 $47,000 $4,100 $42,900
2021 $236 $47,000 $4,100 $42,900
2020 $323 $47,000 $4,100 $42,900
2019 $1,152 $42,000 $3,800 $38,200
2018 $1,084 $42,000 $3,800 $38,200
2017 $250 $42,000 $3,800 $38,200
2016 $1,022 $42,000 $3,800 $38,200
2015 -- $42,000 $3,800 $38,200
2014 -- $42,000 $3,800 $38,200
Source: Public Records

Agents Affiliated with this Home

  • Brian Szkatulski

    Seller's Agent in 2022

    Brian Szkatulski

    Danahy Real Estate

    (716) 903-0877

    6 in this area

    174 Total Sales

    Brian Szkatulski
    Section Image
  • Elizabeth Fadale

    Seller Co-Listing Agent in 2022

    Elizabeth Fadale

    Danahy Real Estate

    (716) 903-0394

    9 in this area

    234 Total Sales

    Elizabeth Fadale
    Section Image
  • Timothy Ranallo

    Buyer's Agent in 2022

    Timothy Ranallo

    Hunt Real Estate

    (716) 883-2200

    1 in this area

    46 Total Sales

    Timothy Ranallo
    Section Image
  • Kim Panzarella

    Seller's Agent in 2016

    Kim Panzarella

    WNY Metro Roberts Realty

    (716) 861-0378

    1 in this area

    72 Total Sales

    Kim Panzarella
    Section Image

  • J

    Buyer's Agent in 2016

    Joseph Preischel

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1407414

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-112-480-0002-014-000

New York Erie County Buffalo 14206 Lovejoy

1238 Bailey Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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