NOT LISTED FOR SALE

241 Commonwealth Ave Buffalo, NY 14216

North Park Neighborhood

Estimated Value: $342,750 - $370,000

6 Beds
2 Baths
2,608 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $335,000 $128 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,018/month

1 Day on Market

Highlights

  • Deck
  • Full Attic
  • Balcony
  • Wood Flooring
  • Fenced Yard
  • Woodwork

About This Home

As of June 2022

Classic North Buffalo 2 unit with a handful of upgrades. Lower unit offers recently refinished hardwood floors, a sunroom, living room with gas fireplace, formal dining room, kitchen w/appliances and accent concrete counter breakfast bar, tiled bath, and 3 bedrooms, one leading to a pressure treated deck in the fully fenced yard. The upper apartment has a balcony with new roof & railings (2019), hardwoods throughout, kitchen w/appliances also included, 3 beds & 1 bath. Full walk-up attic. Dry stone basement w/2 laundry hook ups (lower washer & dryer stay), 2 electric panels w/circuit breakers, lower furnace & central air new in 2019, upper furnace new in 2012, upper HWT 2019. Opportunity awaits. We will see you all the way home to 241 Commonwealth!

Last Agent to Sell the Property

Lauren Melber

Listing by Chubb-Aubrey Leonard Real Estate License #10301211494 Listed on: 04/11/2022

Last Buyer's Agent

Scott Perkins

Listing by Realty ONE Group Empower License #10301223527

Realty ONE Group Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1900

Lot Details

  • 4,318 Sq Ft Lot
  • Lot Dimensions are 127 x 34
  • Fenced Yard
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,608 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Security System Owned

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes water
  • Tax Lot 13
  • Assessor Parcel Number 140200-078-560-0003-013-000

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

$2,967

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 199000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 127
  • Lot Dimension Front: 34
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 13
  • Lot Shape: Rectangular
  • Nearest Cross Street: Tacoma
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 3380423.81
  • Ratio Close Price By Sq Ft: 128.45
  • Ratio List Price By Acres: 3026236.13
  • Ratio List Price By Sq Ft: 114.99
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 935
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4318
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2608
  • Directions To Property: On Commonwealth between Taunton and Tacoma
  • Sq Ft Total Pub: 2608
  • Subdivision Comm Complex: Holland Land Companys Sur
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some, Security System - Owned
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 2608

Exterior Features

  • Construction: Brick, Vinyl, Wood
  • Additional Exterior Features: Balcony, Deck, Fully Fenced Yard, High Speed Internet
  • Number of Acres: 0.0991

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air, Programmable Thermostat
  • 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: 140200-078-560-0003-013-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2967

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jun 9, 2022
Sold by
Griffasi Charles L and Griffasi Palmela L
Bought by
Farmelo Christopher Neil
Seller's Agent
Lauren Melber
Chubb-Aubrey Leonard Real Estate
Buyer's Agent
Scott Perkins
Realty ONE Group Empower
List Price
$299,900
Sold Price
$335,000
Premium/Discount to List
$35,100
11.7%
Current Estimated Value
$354,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,938
Avg. Annual Appreciation
2.10%
Original Mortgage
$318,250
Outstanding Balance
$304,899
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$53,123
Source: Public Records

Range of Values:

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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
Farmelo Christopher Neil $335,000 None Available
Farmelo Christopher Neil $335,000 None Available
Farmelo Christopher Neil $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmelo Christopher Neil $318,250
Closed Farmelo Christopher Neil $318,250
Previous Owner Griffasi Charles J $150,295
Previous Owner Griffasi Charles L $100,000
Previous Owner Griffasi Charles L $5,658
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $335,000 +11.7% $128 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $299,900 -- $115 / 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 $1,008 $199,000 $32,000 $167,000
2023 $1,008 $199,000 $32,000 $167,000
2022 $1,001 $199,000 $32,000 $167,000
2021 $1,001 $199,000 $32,000 $167,000
2020 $862 $199,000 $32,000 $167,000
2019 $3,073 $112,000 $10,000 $102,000
Source: Public Records

Agents Affiliated with this Home

  • Lauren Melber

    Seller's Agent in 2022

    Lauren Melber

    Chubb-Aubrey Leonard Real Estate

    (716) 444-2064

    9 in this area

    238 Total Sales

    Lauren Melber
    Section Image
  • Scott Perkins

    Buyer's Agent in 2022

    Scott Perkins

    Realty ONE Group Empower

    (716) 796-1404

    7 in this area

    190 Total Sales

    Scott Perkins
    Section Image
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Map

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

MLS Number: B1398081

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-560-0003-013-000

New York Erie County Buffalo 14216 North Park

241 Commonwealth Ave, Buffalo, NY

This home is located at 241 Commonwealth Ave, Buffalo, NY 14216 since 11 April 2022 and is currently estimated at $354,938, approximately $136 per square foot. This property was built in 1900. 241 Commonwealth Ave is a home located in Erie County with nearby schools including Tapestry Charter School, Nichols School, and St. Joseph's Collegiate Institute.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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