NOT LISTED FOR SALE

24 Michael Place Buffalo, NY 14218

Estimated Value: $57,000 - $147,264

5 Beds
3 Baths
2,784 Sq Ft
$37/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $52,000 $19 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $625/month

70 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Rectangular Lot
  • Wood Flooring
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2024

PRICE REDUCTION ON 3 UNIT building with tons of potential. One bedroom apartment and 2 two bedroom apartments. New full tear off roof in 2019. Updated furnace. Glass block windows in basement. Side lot 22 Michael included in sale. Fire damage in attic and no one can enter house.

Last Agent to Sell the Property

Matt Paul

Listing by eXp Realty License #10301219040 Listed on: 03/13/2024

eXp Realty

Last Buyer's Agent

Bernard Walker IV

Listing by No Office Affiliation License #10401371350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,419

Year Built

  • Built in 1910

Lot Details

  • 5,220 Sq Ft Lot
  • Lot Dimensions are 30x174
  • Rectangular Lot

Parking

  • 1 Parking Space

Home Design

  • Triplex
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Lackawanna Middle School
  • Lackawanna High School

Utilities

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

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 30
  • Assessor Parcel Number 140900-142-450-0001-030-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,419

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1910
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Center to Michael Place
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Linoleum, Tile, Varies, Vinyl
  • Unit Levels: Two
  • 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
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: One Space

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Lackawanna
  • Ninth Grade High School: Lackawanna High
  • Middle Or Junior School: Lackawanna Middle

Lot Info

  • Parcel Number: 140900-142-450-0001-030-000
  • Lot Dimensions: 30X174
  • Lot Size Sq Ft: 5220.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Other - See Remarks
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 2419.0
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jul 18, 2024
Sold by
Musleh Ahmed Q
Bought by
Brown Brianna
Seller's Agent
Matt Paul
eXp Realty
Buyer's Agent
Bernard Walker IV
No Office Affiliation
List Price
$70,000
Sold Price
$52,000
Premium/Discount to List
-$18,000
-25.71%
Views
250
Current Estimated Value
$102,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,066
Avg. Annual Appreciation
58.71%

Purchase Details

Listed on
Jul 26, 2016
Closed on
Sep 28, 2016
Sold by
Wiatrowski James
Bought by
Musleh Ahmed Q
Seller's Agent
Karen Tunis
No Office Affiliation
Buyer's Agent
Karen Tunis
No Office Affiliation
List Price
$47,000
Sold Price
$37,000
Premium/Discount to List
-$10,000
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Brianna $52,000 None Available
Brown Brianna $52,000 None Available
Musleh Ahmed Q $37,000 None Available
Musleh Ahmed Q $37,000 None Available
Musleh Ahmed Q $37,000 None Available
Musleh Ahmed Q $37,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2024 07/18/24 Sold $52,000 -13.3% $19 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $60,000 -14.3% $22 / Sq Ft
03/13/2024 03/13/24 For Sale $70,000 +89.2% $25 / Sq Ft
09/30/2016 09/30/16 Sold $37,000 -21.3% $13 / Sq Ft View Prior Sale
08/18/2016 08/18/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $47,000 -- $17 / 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 $1,081 $45,000 $7,000 $38,000
2023 $1,158 $45,000 $7,000 $38,000
2022 $532 $45,000 $7,000 $38,000
2021 $1,106 $45,000 $7,000 $38,000
2020 $763 $45,000 $7,000 $38,000
2019 $1,026 $15,000 $4,200 $10,800
2018 $671 $15,000 $4,200 $10,800
2017 $319 $15,000 $4,200 $10,800
2016 $330 $15,000 $4,200 $10,800
2015 -- $15,000 $4,200 $10,800
2014 -- $15,000 $4,200 $10,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1525959

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-450-0001-030-000