NOT LISTED FOR SALE

1422 E Delavan Ave Buffalo, NY 14215

Kenfield Neighborhood

Estimated Value: $126,000 - $191,000

4 Beds
2 Baths
1,386 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $55,125 $40 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $892/month

16 Days on Market

Highlights

  • Wood Flooring
  • Property is near bus stop
  • 4-minute walk to Lang Weber Park
  • Partial Attic
  • Baseboard Heating

About This Home

As of December 2017

Once in a While you Come Across an Investment Property in Really, Really Good Shape - THIS IS ONE! It's a Must See! Return on Investment: 21%!
Long-Term Tenant Downstairs and a Lease Upstairs Through May, 2018. Concrete Driveway and Parking Pad Allows for 4-5 Cars.**In Deference to the Tenants, There are no Interior Pictures.**

Last Agent to Sell the Property

Lisa Marie Allen

Listing by No Office Affiliation License #10301211504 Listed on: 09/01/2017

Last Buyer's Agent

Nancy Koch

Listing by No Office Affiliation License #10401212872

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 1917

Lot Details

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

Parking

  • Driveway

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,386 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate

Location

  • Property is near bus stop

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 31
  • Assessor Parcel Number 140200-090-750-0001-031-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $12,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,345

Year Built

Built in 1917

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 40200
  • Gross Annual Income: 12900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 31
  • Nearest Cross Street: Wilkes
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 39.77
  • Ratio List Price By Sq Ft: 43.22
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 547
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4000
  • Age of Building: 105
  • Year Built: 1917
  • Directions To Property: Between Wilkes and Harriet on E. Delavan
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1917

Interior Features

  • Additional Interior Features: Laundry- Separate Hook ups- Some
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Total Sq Ft: 1386

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-090-750-0001-031-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1345

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 22, 2017
Sold by
Walker Faith Entperies Llc
Bought by
Snsn Variety Inc
Seller's Agent
Lisa Marie Allen
No Office Affiliation
Buyer's Agent
Nancy Koch
No Office Affiliation
List Price
$59,900
Sold Price
$55,125
Premium/Discount to List
-$4,775
-7.97%
Current Estimated Value
$165,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,776
Avg. Annual Appreciation
14.67%

Purchase Details

Closed on
Mar 15, 2014
Sold by
Tamayo Peter L and Tamayo Laura
Bought by
Walker Faith Enterprises Llc

Purchase Details

Closed on
Aug 16, 2006
Sold by
Glushefski James and Glushefski Daniel
Bought by
Tamayo Peter L and Tamayo Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2005
Sold by
Strapason Anthony
Bought by
Glushefski James
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
Snsn Variety Inc $55,125 None Available
Walker Faith Enterprises Llc -- None Available
Tamayo Peter L $45,000 None Available
Glushefski James $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamayo Peter L $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2017 12/20/17 Sold $55,125 -8.0% $40 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $59,900 -- $43 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

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 $303 $54,000 $4,600 $49,400
2023 $281 $54,000 $4,600 $49,400
2022 $272 $54,000 $4,600 $49,400
2021 $272 $54,000 $4,600 $49,400
2020 $309 $54,000 $4,600 $49,400
2019 $1,103 $40,200 $4,200 $36,000
2018 $1,038 $40,200 $4,200 $36,000
2017 $239 $40,200 $4,200 $36,000
2016 $979 $40,200 $4,200 $36,000
2015 -- $40,200 $4,200 $36,000
2014 -- $40,200 $4,200 $36,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lisa Marie Allen

    No Office Affiliation

    Section Image

  • N

    Buyer's Agent in 2017

    Nancy Koch

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1073412

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-090-750-0001-031-000

New York Erie County Buffalo 14215 Kenfield

1422 E Delavan Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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