NOT LISTED FOR SALE

248 Commonwealth Ave Buffalo, NY 14216

North Park Neighborhood

Estimated Value: $283,000 - $349,000

6 Beds
2 Baths
2,423 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $117,000 $48 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,834/month

150 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Forced Air Cooling System
  • Full Attic
  • Balcony
  • Wheelchair Adaptable

About This Home

As of January 2013

Great opportunity for owner occupy or investor in this 3/3 N. Buffalo double.Both units have hardwood floors in the bedrooms and some woodwork. Downstairs unit has lots of ceramic tile in kitchen, dining and bath, and has a large expanded living room.Upstairs features hardwood floors throughout with classic built in kitchen cabinets, updated bath, and balcony porch.Full partially finished basement, and full walk up attic allow for plenty of storage or added living space.Three plus parking spaces and one and a half car garage.

Last Agent to Sell the Property

Jill Hart

Listing by No Office Affiliation License #40HA1160579 Listed on: 06/18/2012

Last Buyer's Agent

Dana David

Listing by Howard Hanna WNY Inc. License #10401211343

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 118 x 32
  • Fenced Yard
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Duplex
  • Partial Copper Plumbing

Interior Spaces

  • 2,423 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Dryer

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Parking

  • 1.5 Car Garage
  • Driveway

Utilities

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

Additional Features

  • Wheelchair Adaptable
  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes no utilities, refuse removal, water
  • Assessor Parcel Number 140200-078-560-0002-008-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,110

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Accessibility: Adaptable Home - some
  • Age: 92
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 105000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line, Secondary Road
  • Lot Shape: Rectangular
  • L P Per Acre: 1498750.0000
  • List Price per Sq Ft: 49.4841
  • Nearest Cross Street: Tacoma
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1462500.00
  • Ratio Close Price By Sq Ft: 48.29
  • Ratio List Price By Acres: 1498750.00
  • Ratio List Price By Sq Ft: 49.48
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities, Refuse Removal, Water
  • School Tax: 547
  • Sale Price List Price: 0.9758
  • S P Per Acre: 1462500.0000
  • S P Per Sq Ft: 48.2900
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 119900.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: From Hertel, North on Commonwealth, property is on the west side.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Tile-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 12
  • Total Sq Ft: 2423

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Balcony, Cable TV Available, Fully Fenced Yard, Partially Fenced Yard
  • Number of Acres: 0.0800

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.5000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

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

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-078-560-0002-008-000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2110

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Sabal James and Sabal Natalie
Bought by
Sabal Properties Llc
Current Estimated Value
$322,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$548,819
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$208,819

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jan 7, 2013
Sold by
Palumbo Jeanette L and Palumbo Leonard J
Bought by
Sabal James
Seller's Agent
Jill Hart
No Office Affiliation
Buyer's Agent
Dana David
Howard Hanna WNY Inc.
List Price
$119,900
Sold Price
$117,000
Premium/Discount to List
-$2,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$114,880
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Sabal Properties Llc -- None Available
Sabal James $117,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabal Properties Llc $608,000
Closed Sabal James $114,880
Previous Owner Palumbo Leonard J $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2013 01/10/13 Sold $117,000 -2.4% $48 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $119,900 -- $49 / 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 $942 $186,000 $28,500 $157,500
2023 $942 $186,000 $28,500 $157,500
2022 $935 $186,000 $28,500 $157,500
2021 $935 $186,000 $28,500 $157,500
2020 $808 $186,000 $28,500 $157,500
2019 $2,881 $105,000 $9,000 $96,000
2018 $2,711 $105,000 $9,000 $96,000
2017 $625 $105,000 $9,000 $96,000
2016 $2,556 $105,000 $9,000 $96,000
2015 -- $105,000 $9,000 $96,000
2014 -- $105,000 $9,000 $96,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jill Hart

    No Office Affiliation

  • Dana David

    Buyer's Agent in 2013

    Dana David

    Howard Hanna

    (716) 698-9644

    4 in this area

    204 Total Sales

    Dana David
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Map

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

MLS Number: B410670

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-560-0002-008-000

New York Erie County Buffalo 14216 North Park

248 Commonwealth Ave, Buffalo, NY

This home is located at 248 Commonwealth Ave, Buffalo, NY 14216 since 18 June 2012 and is currently estimated at $322,000, approximately $132 per square foot. This property was built in 1920. 248 Commonwealth Ave is a home located in Erie County with nearby schools including Tapestry Charter School, Nichols School, and St. Joseph's Collegiate Institute.

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