Nicholas Lunetta
MJ Peterson Real Estate Inc.
(716) 477-3944
69 Total Sales
12 in Kensington-Bailey
$105K - $257K Price Range
1397 Kensington Ave Buffalo, NY 14215
Kensington-Bailey NeighborhoodEstimated Value: $287,097
2
Beds
2
Baths
4,296
Sq Ft
$67/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Wood Flooring
- Balcony
- City Honors School At Fosdick Masten Park Rated A
- Corner Lot
- Woodwork
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
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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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,097
Avg. Annual Appreciation
11.77%
Original Mortgage
$175,000
Outstanding Balance
$91,940
Interest Rate
6.79%
Mortgage Type
Commercial
Estimated Equity
$195,157
Purchase Details
Closed on
Mar 2, 2017
Sold by
Bought by
Purchase Details
Closed on
Jan 22, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.99%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 25, 2013
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Kensington-Bailey, NY
-
Nicholas Lunetta
-
Shumon Ahmed
Shumon Ahmed
WNY Metro Roberts Realty
(888) 623-4549
26 Total Sales
2 in Kensington-Bailey
$164,800 Price Range
-
Kamran Mazhar
Kamran Mazhar
WNY Metro Roberts Realty
(929) 552-5464
50 Total Sales
2 in Kensington-Bailey
$109,900 Price Range
-
Mia Mootry
Mia Mootry
Mootry Murphy & Burgin Realty Group LLC
(716) 303-0953
63 Total Sales
3 in Kensington-Bailey
$135K - $224K Price Range
-
Jerry Thompson
Jerry Thompson
Century 21 North East
(716) 687-0473
339 Total Sales
2 in Kensington-Bailey
$113,100 Price Range
-
Jessica Laurendi
Jessica Laurendi
Howard Hanna WNY Inc.
(716) 403-2921
185 Total Sales
2 in Kensington-Bailey
$86,000 Price Range
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 | ||
| $85,000 | -- | ||
| -- | 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 | ||
| Previous Owner | $220,000 |
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
184 Total Sales
-
Musa Alamari
Buyer's Agent in 2024
Musa Alamari
Howard Hanna
(716) 533-3368
1 in this area
152 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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