NOT LISTED FOR SALE

1542 S Park Ave Buffalo, NY 14220

Hopkins-Tifft Neighborhood

Estimated Value: $26,000 - $199,000

6 Beds
3 Baths
3,442 Sq Ft
$32/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $42,500 $12 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $592/month

3 Days on Market

About This Home

As of June 2014

Great investment property with good mechanics

Last Agent to Sell the Property

Lynne Bischoff

Listing by No Office Affiliation License #10401230656 Listed on: 03/22/2014

Last Buyer's Agent

Renee J. Moran

Listing by Red Door Real Estate WNY LLC License #10491202951

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 113 x 30

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3,442 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wall to Wall Carpet
  • Tile

Parking

  • No Garage
  • No Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes hot water, refuse removal
  • Assessor Parcel Number 140200-123-780-0004-008-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$932

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 94
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 62000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 113
  • Lot Dimension Front: 30
  • Lot Information: Primary Road
  • L P Per Acre: 500000.0000
  • List Price per Sq Ft: 11.6211
  • Nearest Cross Street: N Good
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 531250.00
  • Ratio Close Price By Sq Ft: 12.35
  • Ratio List Price By Acres: 500000.00
  • Ratio List Price By Sq Ft: 11.62
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Hot Water, Refuse Removal
  • School Tax: 344
  • Sale Price List Price: 1.0625
  • S P Per Acre: 531250.0000
  • S P Per Sq Ft: 12.3500
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 40000.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: South Park Ave near Good St.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Stair Access
  • Basement Description: Partial
  • Floor Description: Tile-Some, Wall To Wall Carpet-Some
  • Number of Rooms: 14
  • Total Sq Ft: 3442

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Number of Acres: 0.0800

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 3
  • Parking Driveway: No Driveway

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-123-780-0004-008-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 932

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2019
Sold by
City Of Buffalo
Bought by
Western New York Management Group Llc
Current Estimated Value
$108,952

Purchase Details

Listed on
Mar 22, 2014
Closed on
Jun 27, 2014
Sold by
Glevova Realty Group Llc
Bought by
Mohammed Abdulkareem and Alshamsi Rahmah Humaid
Seller's Agent
Lynne Bischoff
No Office Affiliation
Buyer's Agent
Renee J. Moran
Red Door Real Estate WNY LLC
List Price
$40,000
Sold Price
$42,500
Premium/Discount to List
$2,500
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Listed on
Mar 22, 2014
Closed on
May 6, 2014
Sold by
Ascot Investments Llc
Bought by
Glebova Realty Group Llc
Seller's Agent
Lynne Bischoff
No Office Affiliation
Buyer's Agent
Renee J. Moran
Red Door Real Estate WNY LLC
List Price
$40,000
Sold Price
$42,500
Premium/Discount to List
$2,500
6.25%

Purchase Details

Closed on
Aug 6, 2012
Sold by
Wing Properties Llc
Bought by
Ascot Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Western New York Management Group Llc $500 None Available
Mohammed Abdulkareem $50,000 None Available
Glebova Realty Group Llc $42,500 None Available
Ascot Investments Llc $41,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $42,500 +6.3% $12 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/22/2014 03/22/14 For Sale $40,000 -- $12 / 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 $31 $6,200 $6,200 $0
2023 $31 $6,200 $6,200 $0
2022 $31 $6,200 $6,200 $0
2021 $31 $6,200 $6,200 $0
2020 $32 $6,200 $6,200 $0
2019 $112 $4,100 $4,100 $0
2018 $106 $4,100 $4,100 $0
2017 $369 $4,100 $4,100 $0
2016 $1,509 $62,000 $4,100 $57,900
2015 -- $62,000 $4,100 $57,900
2014 -- $62,000 $4,100 $57,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lynne Bischoff

    No Office Affiliation

  • Renee J. Moran

    Buyer's Agent in 2014

    Renee J. Moran

    Red Door Real Estate WNY LLC

    (716) 866-8361

    2 in this area

    274 Total Sales

    Renee J. Moran
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Map

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

MLS Number: B447612

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-123-780-0004-008-000

New York Erie County Buffalo 14220 Hopkins-Tifft

1542 S Park Ave, Buffalo, NY

This home is located at 1542 S Park Ave, Buffalo, NY 14220 since 22 March 2014 and is currently estimated at $108,952, approximately $31 per square foot. This property was built in 1920. 1542 S Park Ave is a home located in Erie County with nearby schools including Western New York Maritime Charter School, Bishop Timon-St. Jude High School, and Mount Mercy Academy.

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