NOT LISTED FOR SALE

Estimated Value: $334,087 - $432,000

6 Beds
2 Baths
2,664 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $360,000 $135 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,058/month

13 Days on Market

Highlights

  • Deck
  • Full Attic
  • Property is near bus stop
  • Wood Flooring
  • Forced Air Cooling System
  • Laundry Facilities

About This Home

As of September 2023

Welcome to 309 Commonwealth!  This 3/3 double is an incredible investment in desirable North Buffalo.  The entire exterior has maintenance free vinyl siding, replacement vinyl windows throughout, a 5 years young roof, and full driveway for ample off-street parking. Both units have original hardwood floors, formal dining rooms, fireplaces with built-ins, fully applianced kitchens with dishwashers and tile flooring, and updated bathrooms with tile showers. Lower unit fireplace has a gas insert (NRTC) and one bedroom exits to a freshly painted, two tiered rear deck. The upper unit has an electric fireplace and the living room opens to a front porch with brand new flooring/roofing.  Other updates include newer electric panels with circuits, hot water tanks, and glass block windows.  All kitchen and laundry appliances included. Both units are tenant occupied on month-to-month leases, the lower unit will be vacating prior to closing. Tenants both pay $1,200/m plus utilities, landlord pays water and trash.  Open House: Saturday July 8th 1pm-3pm and Sunday July 9th, 3pm-5pm.  Any offers will be reviewed Tuesday, July 11th at 2pm. Showings begin immediately!

Last Agent to Sell the Property

Luigi Rodo

Listing by Keller Williams Realty WNY Brokerage Phone: 716-913-5126 License #10301222030 Listed on: 06/28/2023

Keller Williams Realty WNY

Last Buyer's Agent

Earl Altheide

Listing by Irish Jones Realty License #10491213272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,202

Year Built

  • Built in 1925

Lot Details

  • 3,978 Sq Ft Lot
  • Lot Dimensions are 117 x 34

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 2,664 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Deck
  • Property is near bus stop

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, water
  • Tax Lot 34
  • Assessor Parcel Number 140200-078-480-0002-034-000

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,202

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 181000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 117
  • Lot Dimension Front: 34
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 34
  • Nearest Cross Street: Taunton
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 3943044.91
  • Ratio Close Price By Sq Ft: 135.14
  • Ratio List Price By Acres: 3394304.49
  • Ratio List Price By Sq Ft: 116.33
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Refuse Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1522
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3978
  • Age of Building: 98
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 2664
  • Directions To Property: Hertel or Taunton to Commonwealth
  • Sq Ft Total Pub: 2664
  • Attribution Contact: 716-913-5126
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry-Common, Pex Plumbing- Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2664

Exterior Features

  • Construction: Concrete Block, Stone, Stone and Frame, Vinyl, Wood
  • Additional Exterior Features: Deck
  • Number of Acres: 0.0913

Garage/Parking

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

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

Lot Info

  • Parcel Number: 140200-078-480-0002-034-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4202

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 30, 2023
Sold by
309 Commonwealth Associates Llc
Bought by
Chung Vincent and Chung Karla
Seller's Agent
Luigi Rodo
Keller Williams Realty WNY
Buyer's Agent
Earl Altheide
Irish Jones Realty
List Price
$309,900
Sold Price
$360,000
Premium/Discount to List
$50,100
16.17%
Views
78
Current Estimated Value
$377,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,392
Avg. Annual Appreciation
2.91%
Original Mortgage
$270,000
Outstanding Balance
$263,760
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$121,262

Purchase Details

Closed on
Jun 4, 2018
Sold by
Burton Christopher
Bought by
309 Commonealth Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$917,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2017
Sold by
Burton Allison K
Bought by
Burton Christopher

Purchase Details

Closed on
Dec 21, 2009
Sold by
Burton Christopher and Capotosto Carl
Bought by
Burton Christopher and Burton Allison K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Plesh Ronald L
Bought by
Burton Christopher and Capotosto Carl
Source: Public Records
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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
Chung Vincent $360,000 Stewart Title
Chung Vincent $360,000 Stewart Title
Chung Vincent $360,000 None Available
Chung Vincent $360,000 Stewart Title
309 Commonealth Associates Llc -- None Available
309 Commonealth Associates Llc -- None Available
309 Commonealth Associates Llc -- None Available
Burton Christopher -- --
Burton Christopher -- --
Burton Christopher -- --
Burton Christopher -- None Available
Burton Christopher -- None Available
Burton Christopher $87,000 None Available
Burton Christopher $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Vincent $270,000
Closed Chung Vincent $270,000
Previous Owner 309 Commonealth Associates Llc $917,000
Previous Owner 309 Commonealth Associates Llc $100,000
Previous Owner Burton Christopher $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $360,000 +16.2% $135 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $309,900 -- $116 / 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 $1,014 $181,000 $30,200 $150,800
2023 $917 $181,000 $30,200 $150,800
2022 $910 $181,000 $30,200 $150,800
2021 $910 $181,000 $30,200 $150,800
2020 $749 $181,000 $30,200 $150,800
2019 $2,669 $97,300 $9,600 $87,700
2018 $2,512 $97,300 $9,600 $87,700
2017 $579 $97,300 $9,600 $87,700
2016 $2,368 $97,300 $9,600 $87,700
2015 -- $97,300 $9,600 $87,700
2014 -- $97,300 $9,600 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1481092

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-480-0002-034-000