NOT LISTED FOR SALE

259 Lisbon Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $200,547 - $291,000

6 Beds
2 Baths
2,696 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $145,000 $54 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,356/month

94 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Forced Air Cooling System
  • Full Attic
  • Woodwork
  • Property is near a bus stop

About This Home

As of September 2020

Back on the market! Great investment opportunity. Desirable 3/3 double with 2 excellent tenants who would like to stay. Updates include electric, repainting of entire house in 2018, some windows and one HWT. All ducts were cleaned by Indoor Air Professionals in 2018. Tenants pay gas and electric. Due to COVID-19 restrictions and tenants comfort levels, showings are limited to basement, attic and garage. Minimum 3 hour notice. No negotiations until 6/15/2020 @5 pm.

Last Agent to Sell the Property

JoAnne Nover

Listing by HUNT Real Estate Corporation License #30NO0803609 Listed on: 03/16/2020

HUNT Real Estate Corporation

Last Buyer's Agent

Jennifer Hubert

Listing by WNY Metro Roberts Realty License #40HU0952337

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,791

Year Built

  • Built in 1922

Lot Details

  • 4,550 Sq Ft Lot
  • Lot Dimensions are 130 x 35
  • Rectangular Lot

Home Design

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

Interior Spaces

  • 2,696 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • 2 Fireplaces
  • Electric Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 140200-079-720-0001-010-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,791

Year Built

Built in 1922

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 61000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 35
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 10
  • Lot Shape: Rectangular
  • Nearest Cross Street: Comstock
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1387559.81
  • Ratio Close Price By Sq Ft: 53.78
  • Ratio List Price By Acres: 1338755.98
  • Ratio List Price By Sq Ft: 51.89
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4550
  • Age of Building: 100
  • Year Built: 1922
  • Directions To Property: Main or Bailey to Lisbon
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Additional Interior Features: Copper Plumbing - Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 2696

Exterior Features

  • Construction: Brick, Shake Shingle, Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1045

Garage/Parking

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

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, Electric, Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-079-720-0001-010-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1791

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Megna Ralph C
Bought by
Megna Properties Llc
Current Estimated Value
$248,387

Purchase Details

Listed on
Mar 16, 2020
Closed on
Aug 31, 2020
Sold by
D & S Rentals Llc
Bought by
Megna Ralph C
Seller's Agent
JoAnne Nover
HUNT Real Estate Corporation
Buyer's Agent
Jennifer Hubert
WNY Metro Roberts Realty
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$95,000
Outstanding Balance
$85,113
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$162,028

Purchase Details

Closed on
Dec 17, 2012
Sold by
Luong Mai
Bought by
D & S Rentals Llc

Purchase Details

Closed on
Jul 26, 2004
Sold by
Calamita Joseph and Calamita Joan
Bought by
Luong Mai T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Megna Properties Llc -- None Available
Megna Ralph C $145,000 None Available
D & S Rentals Llc -- --
Luong Mai T $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megna Ralph C $95,000
Closed Megna Ralph C $95,000
Previous Owner Luong Mai T $56,000
Previous Owner Calamita Joan $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $145,000 +3.6% $54 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $139,900 -3.5% $52 / Sq Ft
03/19/2020 03/19/20 Off Market $145,000 -- --
03/16/2020 03/16/20 For Sale $139,900 -- $52 / 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 $390 $77,000 $6,300 $70,700
2023 $390 $77,000 $6,300 $70,700
2022 $387 $77,000 $6,300 $70,700
2021 $387 $77,000 $6,300 $70,700
2020 $470 $77,000 $6,300 $70,700
2019 $1,674 $61,000 $5,100 $55,900
2018 $1,575 $61,000 $5,100 $55,900
2017 $363 $61,000 $5,100 $55,900
2016 $1,485 $61,000 $5,100 $55,900
2015 -- $61,000 $5,100 $55,900
2014 -- $61,000 $5,100 $55,900
Source: Public Records

Agents Affiliated with this Home

  • JoAnne Nover

    Seller's Agent in 2020

    JoAnne Nover

    Hunt Real Estate

    (716) 479-2600

    2 in this area

    37 Total Sales

    JoAnne Nover
    Section Image
  • Jennifer Hubert

    Buyer's Agent in 2020

    Jennifer Hubert

    WNY Metro Roberts Realty

    (716) 866-3536

    57 Total Sales

    Jennifer Hubert
    Section Image
See All Agents

Map

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

MLS Number: B1256781

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-720-0001-010-000

New York Erie County Buffalo 14214 University District

259 Lisbon Ave, Buffalo, NY

This home is located at 259 Lisbon Ave, Buffalo, NY 14215 since 16 March 2020 and is currently estimated at $248,387, approximately $92 per square foot. This property was built in 1922. 259 Lisbon Ave is a home located in Erie County with nearby schools including Westminster Community Charter School, Buffalo United Charter School, and St. Joseph University School.

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