NOT LISTED FOR SALE

325 Commonwealth Ave Buffalo, NY 14216

North Park Neighborhood

Estimated Value: $351,371 - $460,000

6 Beds
2 Baths
2,640 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $356,000 $135 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,167/month

11 Days on Market

Highlights

  • Deck
  • Full Attic
  • Woodwork
  • Wood Flooring
  • 2 Fireplaces
  • Forced Air Cooling System

About This Home

As of May 2021

Set your appointment now to see this fantastic North Buffalo double that won't last long! This home has been updated inside and out. Lower unit boasts a mix of beautiful hardwood floors and carpet. Extra large living room with additional front bonus room and gas fireplace. Expanded kitchen has updated cabinets and beautiful tiled backsplash. Lower bathroom has been updated with a custom tiled tub surround. Upper unit has private front and rear porches and refinished hardwood floors throughout. Kitchen has updated tile backsplash. Each unit features 3 good sized bedrooms. Many replacement windows. This home is just as amazing on the outside. Exterior has low maintenance vinyl siding and vinyl porch railing. Fantastic back yard with a relaxing Koi pond and large deck for entertaining! Extra large 2 car garage with brand new roof and huge addition for workshop/storage. Glass block windows in basement. Units are tenant occupied. Showings begin 3/5/2021. Offers will be reviewed Monday 3/15/

Last Agent to Sell the Property

David Sperrazzo

Listing by HUNT Real Estate Corporation License #10401228010 Listed on: 03/05/2021

HUNT Real Estate Corporation

Last Buyer's Agent

Jason Sokody

Listing by Howard Hanna WNY Inc. License #10301212761

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,032

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 114 x 34

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • 2 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

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

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Rent includes garage, water
  • Assessor Parcel Number 140200-078-480-0002-039-000
  • $179 special tax assessment

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,032

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Annual Special Assessment: 179
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 190000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 114
  • Lot Dimension Front: 34
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Taunton
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 3955555.56
  • Ratio Close Price By Sq Ft: 134.85
  • Ratio List Price By Acres: 3332222.22
  • Ratio List Price By Sq Ft: 113.60
  • Regional Board Code: Buffalo
  • Rent Includes: Garage, Water
  • Roof Description: Asphalt
  • School Tax: 901
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: Tacoma or Taunton to Commonwealth
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Not Repto Code: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 2640

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Deck, Garage Door Opener
  • Number of Acres: 0.0900

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-078-480-0002-039-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3032

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
May 11, 2021
Sold by
Hamp Courtney A and Shaw Hamp Whitney
Bought by
Labayen Manuel Rey Salon and Obrien Labayen Nolan
Seller's Agent
David Sperrazzo
HUNT Real Estate Corporation
Buyer's Agent
Jason Sokody
Howard Hanna WNY Inc.
List Price
$299,900
Sold Price
$356,000
Premium/Discount to List
$56,100
18.71%
Current Estimated Value
$397,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,343
Avg. Annual Appreciation
2.41%
Original Mortgage
$284,800
Outstanding Balance
$257,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$140,343

Purchase Details

Listed on
Oct 8, 2012
Closed on
Dec 28, 2012
Sold by
Giambra Frank R Frank R
Bought by
Hamp Courtney A Courtney A
Seller's Agent
Joel Calabrese
HUNT Real Estate Corporation
Buyer's Agent
David Sperrazzo
HUNT Real Estate Corporation
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$120,000
Interest Rate
3.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Labayen Manuel Rey Salon $356,000 Chicago Title Insurance Co
Labayen Manuel Rey Salon $356,000 None Available
Labayen Manuel Rey Salon $356,000 Chicago Title Insurance Co
Labayen Manuel Rey Salon $356,000 Chicago Title Insurance Co
Hamp Courtney A Courtney A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labayen Manuel Rey Salon $284,800
Closed Labayen Manuel Rey Salon $284,800
Previous Owner Hamp Courtney A Courtney A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2021 05/24/21 Sold $356,000 +18.7% $135 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $299,900 +99.9% $114 / Sq Ft
01/03/2013 01/03/13 Sold $150,000 +7.2% $57 / Sq Ft View Prior Sale
10/12/2012 10/12/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $139,900 -- $53 / 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 $1,065 $190,000 $29,800 $160,200
2023 $963 $190,000 $29,800 $160,200
2022 $955 $190,000 $29,800 $160,200
2021 $955 $190,000 $29,800 $160,200
2020 $742 $190,000 $29,800 $160,200
2019 $2,645 $96,400 $9,400 $87,000
2018 $2,489 $96,400 $9,400 $87,000
2017 $2,457 $96,400 $9,400 $87,000
Source: Public Records

Agents Affiliated with this Home

  • David Sperrazzo

    Seller's Agent in 2021

    David Sperrazzo

    Hunt Real Estate

    (716) 380-1233

    4 in this area

    21 Total Sales

    David Sperrazzo
    Section Image
  • Jason Sokody

    Buyer's Agent in 2021

    Jason Sokody

    Howard Hanna WNY Inc.

    (716) 603-2516

    15 in this area

    2,071 Total Sales

    Jason Sokody
    Section Image
  • Joel Calabrese

    Seller's Agent in 2013

    Joel Calabrese

    Hunt Real Estate

    (716) 906-0316

    3 in this area

    127 Total Sales

    Joel Calabrese
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Judy Ralabate

    Hunt Real Estate

    (716) 867-6115

    2 in this area

    113 Total Sales

    Judy Ralabate
    Section Image
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Map

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

MLS Number: B1322126

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-480-0002-039-000

New York Erie County Buffalo 14216 North Park

325 Commonwealth Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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