NOT LISTED FOR SALE

178 Lisbon Ave Buffalo, NY 14214

University District Neighborhood

Estimated Value: $219,678 - $327,000

6 Beds
2 Baths
2,507 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $171,000 $68 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,454/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Ceiling Fan
  • Full Attic
  • Property is near bus stop
  • 2 Car Garage

About This Home

As of August 2022

2-unit close to UB South campus. 3 bedrooms in each unit. Lower unit "other room" is sunroom. Upper unit has porch. Both apartments are tenant-occupied and rent is month-to-month. Tear-off architectural roof. Dry basement w/glass block windows. All appliances belong to tenants. Showings can be scheduled thru Showing Time. MASKS ARE REQUIRED. Offers, if any, are due Monday, 5/23 at 12:00pm.

Last Agent to Sell the Property

Alan (Al) Ryer

Listing by REMAX North License #30RY0806152 Listed on: 05/17/2022

Last Buyer's Agent

Syed Rizvi

Listing by Keller Williams Realty WNY License #10401279412

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 120 x 35
  • Rectangular Lot

Home Design

  • Duplex
  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,507 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Parking

  • 2 Car Garage
  • Driveway

Location

  • Property is near bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 23
  • Assessor Parcel Number 140200-079-630-0005-023-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,381

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 87000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 35
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 23
  • Lot Shape: Rectangular
  • Nearest Cross Street: Parkridge Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1900000.00
  • Ratio Close Price By Sq Ft: 68.21
  • Ratio List Price By Acres: 1944444.44
  • Ratio List Price By Sq Ft: 69.80
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 409
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Main St to Lisbon Ave
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Not Repto Code: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 2507

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.0900

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop, Garage

Utilities

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

Lot Info

  • Parcel Number: 140200-079-630-0005-023-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1381

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Sep 26, 2022
Sold by
Hooks Handyman Service Llc
Bought by
Mughni Azam
Seller's Agent
Alan (Al) Ryer
REMAX North
Buyer's Agent
Syed Rizvi
Keller Williams Realty WNY
List Price
$175,000
Sold Price
$171,000
Premium/Discount to List
-$4,000
-2.29%
Current Estimated Value
$270,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,170
Avg. Annual Appreciation
14.35%

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 23, 2022
Sold by
Compass Realty Enterprises Inc
Bought by
Hooks Handyman Service Llc
Seller's Agent
Alan (Al) Ryer
REMAX North
Buyer's Agent
Syed Rizvi
Keller Williams Realty WNY
List Price
$175,000
Sold Price
$171,000
Premium/Discount to List
-$4,000
-2.29%

Purchase Details

Closed on
Aug 20, 2007
Sold by
Steele Ruth Ludora
Bought by
Avasarala Papa Rao S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 1997
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
Mughni Azam $192,000 None Available
Hooks Handyman Service Llc $171,000 None Available
Avasarala Papa Rao S $74,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avasarala Papa Rao S $66,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $171,000 -2.3% $68 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $175,000 -- $70 / 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 $488 $87,000 $6,300 $80,700
2023 $452 $87,000 $6,300 $80,700
2022 $437 $87,000 $6,300 $80,700
2021 $437 $87,000 $6,300 $80,700
2020 $493 $87,000 $6,300 $80,700
2019 $1,756 $64,000 $4,900 $59,100
2018 $1,652 $64,000 $4,900 $59,100
2017 $381 $64,000 $4,900 $59,100
2016 $1,558 $64,000 $4,900 $59,100
2015 -- $64,000 $4,900 $59,100
2014 -- $64,000 $4,900 $59,100
Source: Public Records

Agents Affiliated with this Home

  • Alan (Al) Ryer

    Seller's Agent in 2022

    Alan (Al) Ryer

    RE/MAX

    (716) 864-9999

    6 in this area

    105 Total Sales

    Alan (Al) Ryer
    Section Image
  • Syed Rizvi

    Buyer's Agent in 2022

    Syed Rizvi

    Keller Williams Realty WNY

    (716) 946-2700

    25 in this area

    225 Total Sales

    Syed Rizvi
    Section Image
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Map

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

MLS Number: B1406286

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-630-0005-023-000

New York Erie County Buffalo 14214 University District

178 Lisbon Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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