NOT LISTED FOR SALE

266 E Delavan Ave Buffalo, NY 14208

Hamlin Park Historic District Neighborhood

Estimated Value: $144,591

-- Bed
-- Bath
3,652 Sq Ft
$40/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $95,000 $26 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $815/month

119 Days on Market

Highlights

  • Finished Attic
  • Forced Air Cooling System
  • Space Heater

About This Home

As of April 2021

Welcome to your next 4 unit investment! This property includes 1 store front with offices in the rear of the unit and 3 residential units. Each unit boasts larger than normal bedrooms, bathrooms and kitchens. 2 of the units does also have their own balcony's attached. This property is fully rented, would yield great returns!

Last Agent to Sell the Property

Michael Matyjasik

Listing by WNY Metro Roberts Realty License #10401295685 Listed on: 10/23/2020

WNY Metro Roberts Realty

Last Buyer's Agent

Michael Matyjasik

Listing by WNY Metro Roberts Realty License #10401295685 Listed on: 10/23/2020

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,030

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 120 x 30

Parking

  • On-Street Parking

Interior Spaces

  • 3,652 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Partial Basement
  • Finished Attic

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 18
  • Assessor Parcel Number 140200-089-750-0006-018-000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,030

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 37000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 30
  • Lot Information: Primary Road
  • Lot Number: 18
  • Nearest Cross Street: Oakgrove
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1150121.07
  • Ratio Close Price By Sq Ft: 26.01
  • Ratio List Price By Acres: 1985472.15
  • Ratio List Price By Sq Ft: 44.91
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 493
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3600
  • Directions To Property: Jefferson to E Delavan
  • Sq Ft Total Pub: 3652
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Attic Description: Finished
  • Basement Description: Partial
  • Floor Description: Laminate-Some
  • Total Sq Ft: 3652

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0826

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air, Space Heater
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-089-750-0006-018-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 1030

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Rental Property Development Llc
Bought by
East Delavan Development Llc
Current Estimated Value
$144,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,211,899
Interest Rate
3.11%
Mortgage Type
Construction
Estimated Equity
-$2,067,308

Purchase Details

Listed on
Oct 23, 2020
Closed on
Mar 26, 2021
Sold by
L & M Business Services Llc
Bought by
Rental Property Development Llc
Seller's Agent
Michael Matyjasik
WNY Metro Roberts Realty
Buyer's Agent
Michael Matyjasik
WNY Metro Roberts Realty
List Price
$174,999
Sold Price
$95,000
Premium/Discount to List
-$79,999
-45.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Mar 20, 2008
Sold by
Leibert Properties Llc
Bought by
L & M Business Services Llc

Purchase Details

Closed on
May 15, 2006
Sold by
Sherman Lisa M
Bought by
Leibert Properties Llc
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
East Delavan Development Llc -- Mortgage Title Guaranty
Rental Property Development Llc $95,000 None Available
L & M Business Services Llc -- None Available
Leibert Properties Llc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Delavan Development Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $95,000 -42.1% $26 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $164,000 -3.0% $45 / Sq Ft
12/01/2020 12/01/20 Price Changed $169,000 -3.4% $46 / Sq Ft
10/23/2020 10/23/20 For Sale $174,999 -- $48 / 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 $689 $123,000 $3,600 $119,400
2023 $623 $123,000 $3,600 $119,400
2022 $618 $123,000 $3,600 $119,400
2021 $618 $123,000 $3,600 $119,400
2020 $285 $123,000 $3,600 $119,400
2019 $1,423 $37,000 $3,600 $33,400
2018 $1,315 $37,000 $3,600 $33,400
2017 $220 $37,000 $3,600 $33,400
2016 $1,238 $37,000 $3,600 $33,400
2015 -- $37,000 $3,600 $33,400
2014 -- $37,000 $3,600 $33,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Matyjasik

    Seller's Agent in 2021

    Michael Matyjasik

    WNY Metro Roberts Realty

    (716) 907-6854

    2 in this area

    54 Total Sales

    Michael Matyjasik
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Map

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

MLS Number: B1303085

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-089-750-0006-018-000

New York Erie County Buffalo 14208 Hamlin Park Historic District

266 E Delavan Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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