Seller's Agent in 2023
Md Nazmul Hussain
Hunt Real Estate
(347) 968-4231
25 in this area
379 Total Sales
1616 Bailey Ave Buffalo, NY 14212
Genesee Moselle NeighborhoodEstimated Value: $101,000 - $228,748
7
Beds
4
Baths
2,508
Sq Ft
$74/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Cooling System
- Rectangular Lot
- Full Attic
- Property is near a bus stop
About This Home
As of October 2023Multifamily house will be sold. Convenient to everything. Lower unit has 4 bedrooms & 1.5 bathrooms. Upper unit has 3 bedrooms and 1.5 bathrooms. House is completely renovated. House has full attic & full high ceiling basement. Must see this opportunity!
Last Agent to Sell the Property
Listing by HUNT Real Estate Corporation Brokerage Phone: 347-968-4231 License #10401369637 Listed on: 07/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,020
Year Built
- Built in 1910
Lot Details
- 3,300 Sq Ft Lot
- Lot Dimensions are 110 x 30
- Rectangular Lot
Parking
- Driveway
Home Design
- Block Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2,508 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Full Attic
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
Utilities
- Forced Air Cooling System
- Multiple Heating Units
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Doors are 32 inches wide or more
- Property is near a bus stop
Listing and Financial Details
- Rent includes water
- Tax Lot 6
- Assessor Parcel Number 140200-112-240-0006-006-000
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2023
Closed on
Sep 29, 2023
Sold by
Hossain Mosharf and Akter Nazma
Bought by
Lay Swa
Seller's Agent
Md Nazmul Hussain
HUNT Real Estate Corporation
Buyer's Agent
Joseph Brown
Keller Williams Realty WNY
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,063
Avg. Annual Appreciation
-0.97%
Original Mortgage
$186,558
Outstanding Balance
$182,965
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$2,972
Purchase Details
Closed on
Jan 7, 2021
Sold by
Fm & Km Corp
Bought by
Hossain Mosharf and Akter Nazma
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
$49,910
Premium/Discount to List
$5,010
11.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.99%
Purchase Details
Closed on
Jan 10, 2020
Sold by
Waldowski David J
Bought by
Yes Buffalo Property Corp
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lay Swa | $190,000 | None Available | |
| Hossain Mosharf | $160,000 | None Available | |
| Fm & Km Corp | $50,910 | None Available | |
| Yes Buffalo Property Corp | $22,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lay Swa | $186,558 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $190,000 | +5.6% | $76 / Sq Ft | |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- | |
| 07/25/2023 07/25/23 | For Sale | $179,900 | -5.3% | $72 / Sq Ft | |
| 07/24/2023 07/24/23 | Off Market | $190,000 | -- | -- | |
| 07/24/2023 07/24/23 | For Sale | $179,900 | +260.4% | $72 / Sq Ft | |
| 08/28/2020 08/28/20 | Sold | $49,910 | +11.2% | $20 / Sq Ft | View Prior Sale |
| 06/30/2020 06/30/20 | Pending | -- | -- | -- | |
| 06/22/2020 06/22/20 | For Sale | $44,900 | -- | $18 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
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 | $224 | $40,000 | $2,000 | $38,000 |
| 2023 | $203 | $40,000 | $2,000 | $38,000 |
| 2022 | $201 | $40,000 | $2,000 | $38,000 |
| 2021 | $201 | $40,000 | $2,000 | $38,000 |
| 2020 | $222 | $40,000 | $2,000 | $38,000 |
| 2019 | $790 | $28,800 | $1,700 | $27,100 |
| 2018 | $744 | $28,800 | $1,700 | $27,100 |
| 2017 | $171 | $28,800 | $1,700 | $27,100 |
| 2016 | $385 | $28,800 | $1,700 | $27,100 |
| 2015 | -- | $28,800 | $1,700 | $27,100 |
| 2014 | -- | $28,800 | $1,700 | $27,100 |
Source: Public Records
Agents Affiliated with this Home
-
Md Nazmul Hussain
-
Joseph Brown
J
Buyer's Agent in 2023
Joseph Brown
Keller Williams Realty WNY
(716) 906-4838
3 in this area
24 Total Sales
-
Matthew Reitz
Seller's Agent in 2020
Matthew Reitz
Atlas Realty Trading Co LLC
(716) 880-0953
2 in this area
96 Total Sales
-
Sam Defranks
Buyer's Agent in 2020
Sam Defranks
Hunt Real Estate
(716) 864-5804
2 in this area
42 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1486505
APN: 140200-112-240-0006-006-000
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