NOT LISTED FOR SALE

1612 Electric Ave Buffalo, NY 14218

Estimated Value: $177,000 - $256,000

4 Beds
3.5 Baths
2,520 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $240,000 $95 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,242/month

19 Days on Market

Highlights

  • 0.3 Acre Lot
  • Private Yard
  • Storage
  • Corner Lot
  • Patio
  • Sliding Doors

About This Home

As of August 2024

Opportunity awaits in this unique triplex that consists of a three bedroom unit, a one bedroom unit, and a studio apartment. This is a must see!! The three bedroom unit has a primary suite, first floor laundry, private patio, and fully fenced private yard. The one bedroom unit also has a private patio and fenced in yard as well as laundry hook ups. All new pex and pvc plumbing in the front apartments. Brand new HWT. Windows 2020, metal roof 2015. garage roof 2017, plenty of parking, huge garage with loft storage. An addition was added to the one bedroom unit that is an additional 224 sq ft that is not shown in public records bringing the total square footage to 2774 sq ft. Move in ready! Showings begin at the OPEN HOUSE on 5/29 from 5-7 pm. There will be another OPEN HOUSE on Sunday 6/2 from 1-3pm with offers due on Monday June 3rd at 4pm. Take a walk down to Electric Ave and tour this fantastic property!

Last Agent to Sell the Property

Marilyn Sinatra

Listing by Own NY Real Estate LLC Brokerage Phone: 716-984-9861 License #10301216658 Listed on: 05/23/2024

Own NY Real Estate LLC

Last Buyer's Agent

Devin Filipiak

Listing by No Office Affiliation License #10401277468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 107x120
  • Property is Fully Fenced
  • Corner Lot
  • Private Yard

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Block Foundation
  • Poured Concrete
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Storage
  • Washer Hookup
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Baseboard Heating
  • PEX Plumbing
  • Gas Water Heater

Additional Features

  • Patio
  • Flood Zone Lot

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 1
  • Assessor Parcel Number 140900-142-700-0002-001-100

Community Details

Overview

  • 3 Units
  • Buffalo Crk Reservation Subdivision

Building Details

  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,125

Year Built

Built in 1920

Lot Details

0.3 Acres

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities
  • Year Built: 1920
  • Attribution Contact: 716-984-9861
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Corner Lot, Flood Zone, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: Elkhart to Electric
  • Architectural Style: Triplex
  • Flooring: Carpet, Luxury Vinyl, Varies
  • Garage Yn: Yes
  • Interior Features: Sliding Glass Door(s), Storage
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Stories: 1
  • Stories: 1

Exterior Features

  • Fencing: Full
  • Acres: 0.2952
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Copper Plumbing, PEX Plumbing
  • Exterior Features: Fully Fenced, Patio, Private Yard, See Remarks
  • Foundation Details: Block, Poured
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Concrete, Garage, Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lackawanna

Lot Info

  • Parcel Number: 140900-142-700-0002-001-100
  • Lot Dimensions: 107X120
  • Lot Size Sq Ft: 12860.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Other - See Remarks
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4125.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Aug 20, 2024
Sold by
Casey Sean
Bought by
Kanavel Danelle
Seller's Agent
Marilyn Sinatra
Own NY Real Estate LLC
Buyer's Agent
Devin Filipiak
No Office Affiliation
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Views
63
Current Estimated Value
$227,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,862
Avg. Annual Appreciation
-3.54%
Original Mortgage
$216,000
Outstanding Balance
$213,309
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$13,829

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jun 17, 2019
Sold by
Kreuder Thomas R
Bought by
Casey Sean
Seller's Agent
Melissa Liberatore
Keller Williams Realty Lancaster
Buyer's Agent
Marilyn Sinatra
Own NY Real Estate LLC
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.01%
Original Mortgage
$81,700
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2014
Sold by
Kreuder Lise
Bought by
Kreuder Thomas R
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kanavel Danelle $240,000 None Available
Kanavel Danelle $240,000 None Available
Casey Sean $86,000 None Available
Casey Sean $86,000 None Available
Casey Sean $86,000 None Available
Kreuder Thomas R -- None Available
Kreuder Thomas R -- None Available
Kreuder Thomas R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanavel Danelle $216,000
Closed Kanavel Danelle $216,000
Previous Owner Casey Sean $81,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $240,000 -3.6% $95 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $249,000 +189.5% $99 / Sq Ft
06/26/2019 06/26/19 Sold $86,000 -4.3% $34 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $89,900 0.0% $36 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
01/17/2019 01/17/19 Price Changed $89,900 -5.3% $36 / Sq Ft
11/12/2018 11/12/18 For Sale $94,900 -- $38 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $914 $89,200 $14,600 $74,600
2023 $2,036 $89,200 $14,600 $74,600
2022 $1,841 $89,200 $14,600 $74,600
2021 $1,820 $86,000 $14,600 $71,400
2020 $953 $86,000 $14,600 $71,400
2019 $2,669 $65,000 $10,300 $54,700
2018 $1,510 $65,000 $10,300 $54,700
2017 $802 $65,000 $10,300 $54,700
2016 $1,420 $65,000 $10,300 $54,700
2015 -- $65,000 $10,300 $54,700
2014 -- $65,000 $10,300 $54,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1539916

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-700-0002-001-100

Your Personal Tour Guide

Ask me questions while you tour the home.