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 April 23, 2021

Last sale price $130,000 $60 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $787/month

14 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Rectangular Lot
  • Full Attic

About This Home

As of April 2021

Recently renovated double! This house features a new roof, updated plumbing, new windows, remodeled bathrooms, new tile floors in the kitchens, new flooring in the upper, new roof on garage, full basement with glass block windows, full attic and much more. Prior to closing the seller will install two new furnaces and two new hot water tanks. Perfect for owner occupancy or investor! Showings begin Monday, 12/7/20. Offers are due Friday 12/11/20.

Last Agent to Sell the Property

Sam Defranks

Listing by HUNT Real Estate Corporation License #10401318222 Listed on: 12/03/2020

HUNT Real Estate Corporation

Last Buyer's Agent

David Montemage

Listing by No Office Affiliation License #10401299931

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1920

Lot Details

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

Parking

  • No Driveway

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

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

Utilities

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

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 140200-112-240-0006-007-000

Community Details

Overview

  • 2 Units
  • Holland Land Company's Community
  • Holland Land Company's Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,080

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 23900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 30
  • Lot Number: 7
  • Lot Shape: Rectangular
  • Nearest Cross Street: Broadway
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1715039.58
  • Ratio Close Price By Sq Ft: 59.52
  • Ratio List Price By Acres: 1713720.32
  • Ratio List Price By Sq Ft: 59.48
  • Regional Board Code: Buffalo
  • School Tax: 200
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3300
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2184
  • Directions To Property: Bailey Between Boradway & Walden
  • Sq Ft Total Pub: 2184
  • Subdivision Comm Complex: Holland Land Company's
  • 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, Wood
  • Number of Acres: 0.0758

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Available
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-112-240-0006-007-000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1080

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Apr 12, 2021
Sold by
Fm & Km Corp
Bought by
Fa Da
Seller's Agent
Sam Defranks
HUNT Real Estate Corporation
Buyer's Agent
David Montemage
No Office Affiliation
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
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.
Estimated Appreciation
$16,798
Avg. Annual Appreciation
2.63%
Original Mortgage
$126,100
Outstanding Balance
$113,453
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$33,345

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 21, 2020
Sold by
Yes Buffalo Property Corp
Bought by
Fm & Km Corp
Seller's Agent
Matthew Reitz
Atlas Realty Trading Co LLC
Buyer's Agent
Sam Defranks
HUNT Real Estate Corporation
List Price
$44,900
Sold Price
$47,915
Premium/Discount to List
$3,015
6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
364.39%

Purchase Details

Closed on
Jan 10, 2020
Sold by
Waldowski David J
Bought by
Yes Buffalo Property Corp
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 Prior Sale
04/23/2021 04/23/21 Sold $130,000 +0.1% $60 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $129,900 +171.1% $59 / Sq Ft
08/28/2020 08/28/20 Sold $47,915 +6.7% $22 / Sq Ft View Prior Sale
06/30/2020 06/30/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $44,900 -- $21 / 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

  • Sam Defranks

    Seller's Agent in 2021

    Sam Defranks

    Hunt Real Estate

    (716) 864-5804

    2 in this area

    42 Total Sales

    Sam Defranks
    Section Image

  • D

    Buyer's Agent in 2021

    David Montemage

    No Office Affiliation

    Section Image
  • Matthew Reitz

    Seller'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: B1310375

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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