NOT LISTED FOR SALE

32 Lovering Ave Buffalo, NY 14216

North Park Neighborhood

Estimated Value: $386,473 - $415,000

5 Beds
3 Baths
2,826 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $340,000 $120 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,173/month

3 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Forced Air Cooling System

About This Home

As of September 2023

North Buffalo 3 unit in high demand location steps from Hertel Ave! Many big ticket items have already been taken care of: New roof/soffits/gutters 2021, new vinyl siding 2018, upper and lower porches completely rebuilt with composite decking/vinyl railings 2019, new electric service/meters/panels, newer hot water tanks for all units, new foundation installed 2018 by union masons, and glass block windows throughout basement. Lower unit remodeled down to studs 2019 which includes new kitchen with updated cabinets/counters/lighting with stainless steel appliances and new bathroom with tiled shower/floors/walls. Upper front unit remodel included all new windows 2020 with new kitchen cabinets/counters and stainless steel appliances, new tiled shower and new luxury plank flooring in bathroom. Upper rear unit 2022 remodel includes full paint job with new kitchen counter/sink and new luxury plank flooring in kitchen along with stainless steel appliances. Upper Rear Apt. 2023 Replacement Windows Also new Stainless Steel Appliances, updated countertops and bathroom.

Last Agent to Sell the Property

Richard Jacob

Listing by No Office Affiliation Brokerage Phone: 716-284-6510 License #31JA1050208 Listed on: 07/08/2023

Last Buyer's Agent

John Majewski

Listing by HUNT Real Estate Corporation License #10301221295

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1927

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 150 x 40

Home Design

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

Interior Spaces

  • 2,826 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 14
  • Assessor Parcel Number 140200-078-640-0001-014-000

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,181

Year Built

Built in 1927

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 208000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 14
  • Nearest Cross Street: Hertel
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2469135.80
  • Ratio Close Price By Sq Ft: 120.31
  • Ratio List Price By Acres: 2468409.59
  • Ratio List Price By Sq Ft: 120.28
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt
  • School Tax: 982
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6000
  • Age of Building: 96
  • Year Built: 1927
  • Above Grade Finished Sq Ft: 2826
  • Directions To Property: Hertel to Lovering
  • Sq Ft Total Pub: 2826
  • Attribution Contact: 716-284-6510
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Luxury-Some
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 2826

Exterior Features

  • Construction: Frame, Vinyl
  • Number of Acres: 0.1377

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-078-640-0001-014-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3181

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Sep 7, 2023
Sold by
Williams Jason A
Bought by
32 Lovering Llc
Seller's Agent
Richard Jacob
No Office Affiliation
Buyer's Agent
John Majewski
HUNT Real Estate Corporation
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Views
77
Current Estimated Value
$396,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,618
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Sep 27, 2019
Sold by
Luxus Property Development Llc
Bought by
Williams Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2018
Sold by
Oliveri Nicholas
Bought by
Luxus Property Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,668
Interest Rate
4.5%
Mortgage Type
Commercial
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
32 Lovering Llc $340,000 None Available
Williams Jason A -- Safe Land Title Agency
Luxus Property Development Llc $91,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Jason A $191,800
Previous Owner Luxus Property Development Llc $169,668
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $340,000 0.0% $120 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $339,900 -- $120 / 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 $1,166 $208,000 $37,500 $170,500
2023 $1,054 $208,000 $37,500 $170,500
2022 $1,046 $208,000 $37,500 $170,500
2021 $1,046 $208,000 $37,500 $170,500
2020 $874 $208,000 $37,500 $170,500
2019 $3,117 $113,600 $11,900 $101,700
2018 $2,933 $113,600 $11,900 $101,700
2017 $676 $113,600 $11,900 $101,700
2016 $2,765 $113,600 $11,900 $101,700
2015 -- $113,600 $11,900 $101,700
2014 -- $113,600 $11,900 $101,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Jacob

    No Office Affiliation

    Section Image
  • John Majewski

    Buyer's Agent in 2023

    John Majewski

    Hunt Real Estate

    (716) 430-9916

    14 in this area

    192 Total Sales

    John Majewski
    Section Image
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Map

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

MLS Number: B1483096

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-640-0001-014-000

New York Erie County Buffalo 14216 North Park

32 Lovering Ave, Buffalo, NY

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