NOT LISTED FOR SALE

1572 Abbott Rd Buffalo, NY 14218

Estimated Value: $199,000 - $347,000

4 Beds
2 Baths
1,664 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $250,000 $150 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,803/month

8 Days on Market

Highlights

  • Deck
  • Full Attic
  • Ceiling Fan
  • Wood Flooring
  • Fenced Yard
  • Baseboard Heating

About This Home

As of November 2023

Original all brick 2/2 double currently used as a hair salon on the lower level and a 2 bedroom rental on the 2nd floor. Lower unit has been converted into a fantastic hair salon. There is an extra room that could be rented out and a nice breakroom/office with a door that leads to the roomy deck and huge yard. Salon can easily be converted back into a 2 bedroom apartment or another business. Salon items do not stay including stations & sinks. Entire house has been painted and newer floors in the Living Rooms, Kitchens & bathrooms. Walk up stairs to attic. Full basement with separate utilities - 2 boilers, 2 HWT's, 2 circuit breaker boxes and separate washer/dryer hook ups. There is a large, fenced yard with plenty of room for a garage and additional parking. Shed included. This is for the sale of the building only. Appliances do not stay. Tenant is moving out September 30. No showings until September 20, 2023 @ 5:30 pm; No negotiations until September 26, 2023 at 9:00 am. Also listed under Commercial B1497600.

Last Agent to Sell the Property

Nancy Barry

Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-662-2000 License #40BA0826689 Listed on: 09/18/2023

Howard Hanna WNY Inc.

Last Buyer's Agent

Melissa Space

Listing by WNY Metro Roberts Realty License #10401264382

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,008

Year Built

  • Built in 1940

Lot Details

  • 5,970 Sq Ft Lot
  • Lot Dimensions are 164 x 36
  • Fenced Yard
  • Rectangular Lot

Parking

  • Shared Driveway

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Full Attic
  • Walk-In Attic

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Schools

  • Martin Road Elementary School
  • Lackawanna Middle School
  • Lackawanna High School

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 25
  • Assessor Parcel Number 140900-142-120-0007-025-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,008

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 127100
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 164
  • Lot Dimension Front: 36
  • Lot Information: Commercial Zoning, Primary Road
  • Lot Number: 25
  • Lot Shape: Rectangular
  • Nearest Cross Street: Elmview
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1824817.52
  • Ratio Close Price By Sq Ft: 150.24
  • Ratio List Price By Acres: 1678102.19
  • Ratio List Price By Sq Ft: 138.16
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1589
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Mixed Use
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5970
  • Age of Building: 83
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1664
  • Directions To Property: Abbott near Elmsford - across from Our Lady Of Bistrica Croatian Catholic Church
  • Sq Ft Total Pub: 1664
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Attribution Contact: 716-662-2000
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Sump Pump
  • Attic Description: Full, Walk-in
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1664

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available, Deck, Fully Fenced Yard
  • Number of Acres: 0.1370

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop, Common

Utilities

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

Lot Info

  • Parcel Number: 140900-142-120-0007-025-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4008

MLS Schools

  • Elementary School Name: Martin Road Elementary
  • High School Name: Lackawanna High
  • Middle School Name: Lackawanna Middle
  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Nov 2, 2023
Sold by
Graczyk Lisa M and Kush Lisa M
Bought by
Lopez Ramon
Seller's Agent
Nancy Barry
Howard Hanna WNY Inc.
Buyer's Agent
Melissa Space
WNY Metro Roberts Realty
List Price
$229,900
Sold Price
$250,000
Premium/Discount to List
$20,100
8.74%
Views
24
Current Estimated Value
$284,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,987
Avg. Annual Appreciation
6.19%
Original Mortgage
$228,937
Outstanding Balance
$224,936
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$60,051

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 13, 2018
Sold by
Ohara Johanna and Gauthier Renee
Bought by
Kush Lisa M
Seller's Agent
Robert Rigby
No Office Affiliation
Buyer's Agent
Nancy Barry
Howard Hanna WNY Inc.
List Price
$124,900
Sold Price
$130,100
Premium/Discount to List
$5,200
4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Jan 16, 2018
Sold by
Mccarthy Maryann
Bought by
Ohara Johanna

Purchase Details

Closed on
Jan 15, 2018
Sold by
Mccarthy Maryann
Bought by
Ohara Johanna

Purchase Details

Closed on
Jul 6, 1995
Sold by
Jennetti Reynold F
Bought by
Mccarthy Maryann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Ramon $250,000 None Available
Kush Lisa M $130,100 None Available
Ohara Johanna -- --
Ohara Johanna -- --
Mccarthy Maryann $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Ramon $228,937
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2023 11/03/23 Sold $250,000 +8.7% $150 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $229,900 +76.7% $138 / Sq Ft
08/14/2018 08/14/18 Sold $130,100 +4.2% $78 / Sq Ft View Prior Sale
06/01/2018 06/01/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $124,900 -- $75 / 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 $3,773 $197,000 $12,700 $184,300
2023 $2,810 $127,100 $12,700 $114,400
2022 $2,899 $127,100 $12,700 $114,400
2021 $2,926 $127,100 $12,700 $114,400
2020 $1,002 $127,100 $12,700 $114,400
2019 $1,728 $65,000 $9,200 $55,800
2018 $618 $65,000 $9,200 $55,800
2017 $680 $65,000 $9,200 $55,800
2016 $768 $65,000 $9,200 $55,800
2015 -- $65,000 $9,200 $55,800
2014 -- $65,000 $9,200 $55,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1497380

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-120-0007-025-000