NOT LISTED FOR SALE

1612 Bailey Ave Buffalo, NY 14212

Genesee Moselle Neighborhood

Estimated Value: $88,000 - $196,000

5 Beds
2 Baths
2,184 Sq Ft
$67/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $45,000 $21 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $787/month

5 Days on Market

About This Home

As of January 2020

The sale includes 1616 bailey ave another double with a garage SOLD AS IS Two doubles included in the sale NEEDS TOTAL REHAB. 4 apartments total The corner house will be for sale soon and the buyer of these 2 houses will have 1st opportunity to purchase Bring in your offer

Last Agent to Sell the Property

William Szczerba

Listing by No Office Affiliation License #40SZ0729665 Listed on: 08/02/2019

Last Buyer's Agent

Matthew Reitz

Listing by Atlas Realty Trading Co LLC License #10401213082

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1920

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 110 x 30

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Parking

  • 1 Car Garage
  • Carport

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 7
  • Assessor Parcel Number 140200-112-240-0006-007-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,055

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 23900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 30
  • Lot Information: Primary Road
  • Lot Number: 7
  • Nearest Cross Street: BROADWAY
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 593667.55
  • Ratio Close Price By Sq Ft: 20.60
  • Ratio List Price By Acres: 554089.71
  • Ratio List Price By Sq Ft: 19.23
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 200
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Lot - 2 Dwellings, 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3300
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: broadway to bailey
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 2184

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0758

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Carport(S)

Utilities

  • Heating Fuel Description: Gas
  • 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: 140200-112-240-0006-007-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1055

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Fm & Km Corp
Bought by
Fa Da
Current Estimated Value
$146,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Outstanding Balance
$113,453
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$33,345

Purchase Details

Closed on
Aug 21, 2020
Sold by
Yes Buffalo Property Corp
Bought by
Fm & Km Corp

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jan 10, 2020
Sold by
Waldowski David J
Bought by
Yes Buffalo Property Corp
Seller's Agent
William Szczerba
No Office Affiliation
Buyer's Agent
Matthew Reitz
Atlas Realty Trading Co LLC
List Price
$42,000
Sold Price
$45,000
Premium/Discount to List
$3,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.07%
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
Fa Da $130,000 None Available
Fa Da $130,000 None Available
Fa Da $130,000 None Available
Fa Da $130,000 None Available
Fm & Km Corp $48,915 None Available
Fm & Km Corp $48,915 None Available
Fm & Km Corp $48,915 None Available
Fm & Km Corp $48,915 None Available
Yes Buffalo Property Corp $22,500 None Available
Yes Buffalo Property Corp $22,500 None Available
Yes Buffalo Property Corp $22,500 None Available
Yes Buffalo Property Corp $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fa Da $126,100
Closed Fa Da $126,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $45,000 +7.1% $21 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $42,000 -- $19 / 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 $219 $39,000 $2,000 $37,000
2023 $198 $39,000 $2,000 $37,000
2022 $196 $39,000 $2,000 $37,000
2021 $196 $39,000 $2,000 $37,000
2020 $184 $39,000 $2,000 $37,000
2019 $656 $23,900 $1,700 $22,200
2018 $617 $23,900 $1,700 $22,200
2017 $142 $23,900 $1,700 $22,200
2016 $582 $23,900 $1,700 $22,200
2015 -- $23,900 $1,700 $22,200
2014 -- $23,900 $1,700 $22,200
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    William Szczerba

    No Office Affiliation

    Section Image
  • Matthew Reitz

    Buyer's Agent in 2020

    Matthew Reitz

    Atlas Realty Trading Co LLC

    (716) 880-0953

    2 in this area

    96 Total Sales

    Matthew Reitz
    Section Image
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Map

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

MLS Number: B1214461

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-112-240-0006-007-000

New York Erie County Buffalo 14212 Genesee Moselle

1612 Bailey Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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