NOT LISTED FOR SALE

3278 Bailey Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $265,413

Studio
-- Bath
4,212 Sq Ft
$63/Sq Ft Est. Value

Last Sold February 20, 2018

Last sale price $93,000 $22 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,419/month

28 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near bus stop
  • Corner Lot
  • Patio
  • Baseboard Heating

About This Home

As of February 2018

Mixed use 3 Unit church, new roof 2017. Lots of potential!

Last Agent to Sell the Property

Keir Allwood

Listing by Howard Hanna WNY Inc License #10401243653 Listed on: 10/03/2017

Howard Hanna WNY Inc

Last Buyer's Agent

Keir Allwood

Listing by Howard Hanna WNY Inc License #10401243653 Listed on: 10/03/2017

Howard Hanna WNY Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1920

Lot Details

  • 3,915 Sq Ft Lot
  • Lot Dimensions are 118 x 33
  • Corner Lot

Parking

  • Driveway

Home Design

  • Mixed Use
  • Block Foundation
  • Frame Construction
  • Partial Copper Plumbing

Interior Spaces

  • 4,212 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

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

Additional Features

  • Patio
  • Property is near bus stop

Listing and Financial Details

  • Rent includes water
  • Tax Lot 27
  • Assessor Parcel Number 140200-079-800-0002-027-000

Community Details

Overview

  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,550

Year Built

Built in 1920

Lot Details

3,915 Sq Ft Lot

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 51000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 33
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • Lot Number: 27
  • Nearest Cross Street: Shirley
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1034482.76
  • Ratio Close Price By Sq Ft: 22.08
  • Ratio List Price By Acres: 1223581.76
  • Ratio List Price By Sq Ft: 26.12
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 459
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit, Mixed Use
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3915
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Shirley to Bailey
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 4212

Exterior Features

  • Construction: Frame, Wood
  • Additional Exterior Features: Patio
  • Number of Acres: 0.0899

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

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

Lot Info

  • Parcel Number: 140200-079-800-0002-027-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 1550

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Feb 21, 2018
Sold by
Alam Tanjir
Bought by
Hoque Azizul and Hoque Mintoo
Seller's Agent
Keir Allwood
Howard Hanna WNY Inc
Buyer's Agent
Keir Allwood
Howard Hanna WNY Inc
List Price
$110,000
Sold Price
$93,000
Premium/Discount to List
-$17,000
-15.45%
Current Estimated Value
$265,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,413
Avg. Annual Appreciation
13.88%

Purchase Details

Listed on
Oct 3, 2017
Closed on
Feb 16, 2018
Sold by
General Assembly Church Lord Jesus Chrus
Bought by
Alam Tanjir
Seller's Agent
Keir Allwood
Howard Hanna WNY Inc
Buyer's Agent
Keir Allwood
Howard Hanna WNY Inc
List Price
$110,000
Sold Price
$93,000
Premium/Discount to List
-$17,000
-15.45%
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
Hoque Azizul $3,000 None Available
Hoque Azizul $3,000 None Available
Hoque Azizul $3,000 None Available
Hoque Azizul $3,000 None Available
Alam Tanjir $93,000 None Available
Alam Tanjir $93,000 None Available
Alam Tanjir $93,000 None Available
Alam Tanjir $93,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2018 02/20/18 Sold $93,000 -15.5% $22 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $110,000 -- $26 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $460 $82,000 $4,200 $77,800
2023 $415 $82,000 $4,200 $77,800
2022 $412 $82,000 $4,200 $77,800
2021 $412 $82,000 $4,200 $77,800
2020 $423 $82,000 $4,200 $77,800
2019 $2,115 $55,000 $4,000 $51,000
2018 $1,955 $55,000 $4,000 $51,000
2017 $327 $55,000 $4,000 $51,000
2016 $1,841 $55,000 $4,000 $51,000
2015 -- $55,000 $4,000 $51,000
2014 -- $55,000 $4,000 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Keir Allwood

    Seller's Agent in 2018

    Keir Allwood

    Howard Hanna

    (716) 885-4000

    3 Total Sales

    Keir Allwood
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Map

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

MLS Number: B1078985

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-800-0002-027-000

New York Erie County Buffalo 14215 University District

3278 Bailey Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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