NOT LISTED FOR SALE

3141 S Park Ave Buffalo, NY 14218

Estimated Value: $118,417

-- Bed
-- Bath
2,006 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $80,000 $40 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $815/month

50 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Ceiling Fan
  • Thermal Windows
  • Property is near a bus stop

About This Home

As of September 2020

Great Investment Opportunity on high traffic street. Hair Salon is rented out per chair(5) per week $75 weekly 3 currently rented and want to stay. Salon furniture and most equipment stay. All are individually insured and licensed as independent. Upper 1 bedroom unit tenant would like to stay as well $475 per month has separate utilities. Main roof and gutter 2017, Parking area paved 2016. Also listed under MLS #B 1266830(Commercial). Due to Covid-19 restrictions safety protocol must be followed on all showings.

Last Agent to Sell the Property

Frank Sandor

Listing by MJ Peterson Real Estate Inc. License #10401204018 Listed on: 05/27/2020

MJ Peterson Real Estate Inc.

Last Buyer's Agent

Kyle Smith

Listing by No Office Affiliation License #10401331934

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,740 Sq Ft Lot
  • Lot Dimensions are 121 x 39

Parking

  • Shared Driveway

Home Design

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

Interior Spaces

  • 2,006 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Location

  • Property is near a bus stop

Schools

  • Lackawanna Middle School
  • Lackawanna High School

Utilities

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

Listing and Financial Details

  • Rent includes all utilities, cable TV, electric, grounds maintenance, refuse removal, snow removal, water
  • Tax Lot 31
  • Assessor Parcel Number 140900-142-700-0003-031-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 45000
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 121
  • Lot Dimension Front: 39
  • Lot Information: Near Bus Line
  • Lot Number: 31
  • Nearest Cross Street: Warsaw
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 735294.12
  • Ratio Close Price By Sq Ft: 39.88
  • Ratio List Price By Acres: 964154.41
  • Ratio List Price By Sq Ft: 52.29
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities, Cable TV, Electric, Grounds Maintenance, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1520
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4740
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: South Park corner of Warsaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2006

Exterior Features

  • Construction: Aluminum/Steel, Stone, Vinyl
  • Additional Exterior Features: Cable TV Available, Thermal Windows - Some
  • Number of Acres: 0.1088

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lackawanna
  • Middle School: Lackawanna Middle
  • High School: Lackawanna High

Lot Info

  • Parcel Number: 140900-142-700-0003-031-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4626

MLS Schools

  • High School Name: Lackawanna High
  • Middle School Name: Lackawanna Middle
  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 4, 2020
Sold by
3141 South Park Llc
Bought by
Gypsy Peacock Llc
Seller's Agent
Frank Sandor
MJ Peterson Real Estate Inc.
Buyer's Agent
Kyle Smith
No Office Affiliation
List Price
$114,900
Sold Price
$80,000
Premium/Discount to List
-$34,900
-30.37%
Current Estimated Value
$118,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,417
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Oct 29, 2014
Sold by
Crusan Richard B and Crusan Renate H
Bought by
3141 S Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 1995
Sold by
Isula Michael and Isula Marcia
Bought by
Crusan Richard and Crusan Renate
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
Gypsy Peacock Llc $80,000 None Available
3141 S Park Llc $59,900 None Available
Crusan Richard $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3141 S Park Llc $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $80,000 -23.7% $40 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/29/2020 06/29/20 Price Changed $104,900 -8.7% $52 / Sq Ft
05/27/2020 05/27/20 For Sale $114,900 -- $57 / 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 -- $69,000 $15,300 $53,700
2023 $2,043 $69,000 $15,300 $53,700
2022 $1,557 $69,000 $15,300 $53,700
2021 $1,571 $69,000 $15,300 $53,700
2020 $714 $69,000 $15,300 $53,700
2019 $4,052 $45,000 $15,100 $29,900
2018 $2,214 $45,000 $15,100 $29,900
2017 $4,052 $45,000 $15,100 $29,900
2016 $2,129 $45,000 $15,100 $29,900
2015 -- $45,000 $15,100 $29,900
2014 -- $33,000 $15,100 $17,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1267316

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-700-0003-031-000