NOT LISTED FOR SALE

1397 Kensington Ave Buffalo, NY 14215

Kensington-Bailey Neighborhood

Estimated Value: $264,325

2 Beds
2 Baths
4,296 Sq Ft
$62/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2024

Last sale price $240,000 $56 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,473 / mo

175 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Woodwork
  • Wood Flooring
  • Balcony
  • Awning

About This Home

As of December 2024

Step into a one-of-a-kind property that holds endless potential! This well-maintained mixed-use building is a gem waiting to be discovered, offering a fantastic business opportunity in a sought-after location on Kensington Avenue, just steps away from Eggert Rd. and conveniently nestled next to Tim Hortons. The first floor welcomes you with two commercial units ready for new tenants, while the second floor presents a spacious two-bedroom apartment with beautiful hardwood floors throughout. Each unit has its own separate furnaces, first floor electric meter is shared with the two commercial units the second floor is separate. Unique touches like glass block windows and charming tin ceilings in both lower units add character to this property. Whether you’re dreaming of a live-work space as an owner-occupant or seeking a profitable investment opportunity. 1397 Kensington Ave may be the right opportunity for you. Also listed as B1531380

Last Agent to Sell the Property

Emmanuel Williams

Listing by WNY Metro Roberts Realty Brokerage Phone: 716-875-2211 License #10301217766 Listed on: 04/12/2024

WNY Metro Roberts Realty

Last Buyer's Agent

Musa Alamari

Listing by Howard Hanna WNY Inc. License #10401301846

Howard Hanna WNY Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1940

Lot Details

  • 3,510 Sq Ft Lot
  • Lot Dimensions are 30x117
  • Property is Fully Fenced
  • Corner Lot

Parking

  • Parking Available

Home Design

  • Mixed Use
  • Block Foundation
  • Wood Siding
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 4,296 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Awning

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 12
  • Assessor Parcel Number 140200-090-260-0003-012-000

Property Details

Property Type

Other

Est. Annual Taxes

$1,549

Year Built

Built in 1940

Lot Details

3,510 Sq Ft Lot

Listing Details

  • Business Type: Mixed
  • Property Sub Type: Mixed Use
  • Property Type: Residential
  • Rent Includes: Other, See Remarks, Water
  • Year Built: 1940
  • Attribution Contact: 716-875-2211
  • Lot Features: Corner Lot, Other, Near Public Transit, Residential Lot, See Remarks
  • Road Frontage Type: City Street
  • Directions: Kensington to Leonard
  • Architectural Style: Other, See Remarks
  • Flooring: Hardwood, Other, See Remarks, Varies
  • Interior Features: Ceiling Fan(s), Other, See Remarks, Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.0806
  • Waterfront: No
  • Construction Type: Aluminum Siding, Other, Steel Siding, See Remarks, Wood Siding, Copper Plumbing
  • Exterior Features: Awning(s), Balcony, Fully Fenced
  • Foundation Details: Block, Other, See Remarks
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Other, Parking Available, See Remarks

Utilities

  • Cooling: Other, See Remarks
  • Heating: Gas, Other, See Remarks, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-090-260-0003-012-000
  • Lot Dimensions: 30X117
  • Lot Size Sq Ft: 3510.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential Multi Use

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 1549.0
  • Tax Lot: 12

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

Listed on
Apr 12, 2024
Closed on
Dec 20, 2024
Sold by
Bought by
Seller's Agent
Emmanuel Williams
WNY Metro Roberts Realty
Buyer's Agent
Musa Alamari
Howard Hanna WNY Inc.
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%
Current Estimated Value
$264,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,325
Avg. Annual Appreciation
6.69%
Original Mortgage
$175,000
Outstanding Balance
$172,667
Interest Rate
6.79%
Mortgage Type
Commercial
Estimated Equity
$91,658

Purchase Details

Closed on
Mar 2, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2013
Sold by
Bought by
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
$240,000 Stewart Title
$240,000 Stewart Title
$240,000 Stewart Title
$240,000 Stewart Title
$85,000 --
$85,000 --
$85,000 --
-- None Available
-- None Available
-- None Available
-- None Available
$84,000 --
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
Open $175,000
Closed $175,000
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
12/23/2024 12/23/24 Sold $240,000 -11.1% $56 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $269,900 0.0% $63 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $269,900 -- $63 / 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 $577 $148,800 $14,000 $134,800
2024 $577 $103,000 $3,700 $99,300
2023 $522 $103,000 $3,700 $99,300
2022 $518 $103,000 $3,700 $99,300
2021 $518 $103,000 $3,700 $99,300
2020 $339 $103,000 $3,700 $99,300
2019 $1,692 $44,000 $2,600 $41,400
2018 $1,564 $44,000 $2,600 $41,400
2017 $262 $44,000 $2,600 $41,400
2016 $1,472 $44,000 $2,600 $41,400
2015 -- $44,000 $2,600 $41,400
2014 -- $44,000 $2,600 $41,400
Source: Public Records

Agents Affiliated with this Home

  • Emmanuel Williams

    Seller's Agent in 2024

    Emmanuel Williams

    WNY Metro Roberts Realty

    (716) 430-2091

    7 in this area

    185 Total Sales

    Emmanuel Williams
    Section Image
  • Musa Alamari

    Buyer's Agent in 2024

    Musa Alamari

    Howard Hanna

    (716) 533-3368

    1 in this area

    153 Total Sales

    Musa Alamari
    Section Image
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Map

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

MLS Number: B1531255

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-090-260-0003-012-000

New York Erie County Buffalo 14215 Kensington-Bailey

1397 Kensington Ave, Buffalo, NY

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