NOT LISTED FOR SALE

Estimated Value: $113,000 - $166,000

4 Beds
2 Baths
1,854 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $157,000 $85 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $720/month

6 Days on Market

Highlights

  • Forced Air Cooling System
  • Property is near a bus stop
  • Wall to Wall Carpet

About This Home

As of September 2022

Welcome to 18 Gibson Street in Buffalo.
6/2 open house canceled dude to emergency. Rescheduled for 6/4 11-1p

This Vacant, fully renovated 2 family home is move in ready for its next owner and tenants. New windows. New Roof. New Floors throughout the entire property. New furnaces and New hot water Tanks for each Unit. Bathrooms are Newly updated. New gutters. New paint throughout. Very close to easy transportation and Downtown Buffalo. This investment property is perfect for your portfolio! Showings start immediately! All offers if any are due 6/7 at 9 AM.

Last Agent to Sell the Property

Damian O'meally

Listing by Keller Williams Realty WNY License #10401279028 Listed on: 05/31/2022

Keller Williams Realty WNY

Co-Listed By

Octavio Smith

Listing by Keller Williams Realty WNY License #10401334646

Last Buyer's Agent

Jason Sokody

Listing by Howard Hanna WNY Inc. License #10301212761

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $356

Year Built

  • Built in 1880

Lot Details

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

Interior Spaces

  • 1,854 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • No Driveway
  • On-Street Parking

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 24
  • Assessor Parcel Number 140200-111-600-0004-024-000

Community Details

Overview

  • 2 Units
  • Holland Land Companys Sur Community
  • Holland Land Companys Sur Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$356

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 24000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 24
  • Nearest Cross Street: William Street
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2071240.11
  • Ratio Close Price By Sq Ft: 84.68
  • Ratio List Price By Acres: 1845646.44
  • Ratio List Price By Sq Ft: 75.46
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 112
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3300
  • Age of Building: 142
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1854
  • Directions To Property: Williams Street to Gibson
  • Sq Ft Total Pub: 1854
  • Subdivision Comm Complex: Holland Land Companys Sur
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1854

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.0758

Garage/Parking

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

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

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-111-600-0004-024-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 356

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Sep 21, 2022
Sold by
Ab Properties Buffalo Llc
Bought by
Phe Med R
Seller's Agent
Damian O'meally
Keller Williams Realty WNY
Buyer's Agent
Jason Sokody
Howard Hanna WNY Inc.
List Price
$139,900
Sold Price
$157,000
Premium/Discount to List
$17,100
12.22%
Views
2
Current Estimated Value
$130,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,737
Avg. Annual Appreciation
-6.53%
Original Mortgage
$149,000
Outstanding Balance
$143,814
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
-$14,643

Purchase Details

Closed on
Nov 18, 2020
Sold by
D & R Realty Ny Inc
Bought by
Ab Properties Buffalo Llc

Purchase Details

Closed on
Aug 10, 2018
Sold by
Volious Diana F
Bought by
D And R Realty Ny Inc
Source: Public Records

Range of Values:

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Average Value
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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
Phe Med R $157,000 Title Resources Guaranty Co
Ab Properties Buffalo Llc $40,000 None Available
D And R Realty Ny Inc $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phe Med R $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $157,000 +12.2% $85 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $139,900 -- $75 / 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 $122 $24,000 $2,000 $22,000
2023 $122 $24,000 $2,000 $22,000
2022 $121 $24,000 $2,000 $22,000
2021 $121 $24,000 $2,000 $22,000
2020 $108 $24,000 $2,000 $22,000
2019 $384 $14,000 $1,600 $12,400
2018 $361 $14,000 $1,600 $12,400
2017 $83 $14,000 $1,600 $12,400
2016 $81 $14,000 $1,600 $12,400
2015 -- $14,000 $1,600 $12,400
2014 -- $14,000 $1,600 $12,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1408655

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-111-600-0004-024-000