Seller's Agent in 2024
Emmanuel Williams
WNY Metro Roberts Realty
(716) 430-2091
7 in this area
182 Total Sales
1397 Kensington Ave Buffalo, NY 14215
Kensington-Bailey NeighborhoodEstimated Value: $269,634
2
Beds
2
Baths
4,296
Sq Ft
$63/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Corner Lot
- Woodwork
- Wood Flooring
- Balcony
- Awning
About This Home
As of December 2024Step 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
Listing by WNY Metro Roberts Realty Brokerage Phone: 716-875-2211 License #10301217766 Listed on: 04/12/2024
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2024
Closed on
Dec 20, 2024
Sold by
Batim Associates Llc
Bought by
1397 Kensington Llc
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,634
Avg. Annual Appreciation
9.01%
Original Mortgage
$175,000
Outstanding Balance
$172,667
Interest Rate
6.79%
Mortgage Type
Commercial
Estimated Equity
$96,967
Purchase Details
Closed on
Mar 2, 2017
Sold by
Kislev Llc
Bought by
Batim Associates Llc
Purchase Details
Closed on
Jan 22, 2016
Sold by
M & M Dearot Inc
Bought by
Kislev Llc
Purchase Details
Closed on
Jul 25, 2013
Sold by
Gigante Mary
Bought by
M&M Dearot Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1397 Kensington Llc | $240,000 | Stewart Title | |
| 1397 Kensington Llc | $240,000 | Stewart Title | |
| 1397 Kensington Llc | $240,000 | Stewart Title | |
| 1397 Kensington Llc | $240,000 | Stewart Title | |
| Batim Associates Llc | $85,000 | -- | |
| Batim Associates Llc | $85,000 | -- | |
| Batim Associates Llc | $85,000 | -- | |
| Kislev Llc | -- | None Available | |
| Kislev Llc | -- | None Available | |
| Kislev Llc | -- | None Available | |
| Kislev Llc | -- | None Available | |
| M&M Dearot Inc | $84,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1397 Kensington Llc | $175,000 | |
| Closed | 1397 Kensington Llc | $175,000 |
Source: Public Records
Property History
| 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
| 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
-
Musa Alamari
Buyer's Agent in 2024
Musa Alamari
Howard Hanna
(716) 533-3368
1 in this area
153 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1531255
APN: 140200-090-260-0003-012-000
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