NOT LISTED FOR SALE

38 Commonwealth Ave Buffalo, NY 14216

North Park Neighborhood

Estimated Value: $377,000 - $424,000

6 Beds
2 Baths
2,952 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $225,000 $76 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,199/month

17 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Property is near a bus stop
  • Full Attic
  • Forced Air Cooling System
  • Baseboard Heating

About This Home

As of January 2017

Doors are open w/many possibilities @ this well maintained North Buffalo double! Original entryway leads you into beautifully refinished hardwood floors throughout the property. This 3/3 double w/updated kitchen will give you a great return on your investment in one of the hottest markets in the city. Great property for an owner occupancy w/rent paying most of your mortgage! Will make a great place to call home! Spacious living/dining areas w/natural light are a great touch for entertaining, and just steps from the bustling Hertel Ave. where you're sure to have a good time!

Exterior amenities include: new vinyl siding, new roof (3yrs), 2.5 car garage, top porch for a great view of the family oriented neighborhood w/an active Block Club.

Last Agent to Sell the Property

Salvatore Dentico

Listing by Realty ONE Group Empower License #10401262240 Listed on: 09/19/2016

Realty ONE Group Empower

Last Buyer's Agent

Grace Grunzweig

Listing by Realty ONE Group Empower License #10401266542

Realty ONE Group Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,766

Year Built

  • Built in 1940

Lot Details

  • 4,680 Sq Ft Lot
  • Lot Dimensions are 130 x 36

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Electric Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Garage
  • Driveway

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 140200-078-720-0002-020-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,766

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 108300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 36
  • Lot Information: Near Bus Line, Neighborhood Street, Primary Road
  • Nearest Cross Street: Hertel
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2094972.07
  • Ratio Close Price By Sq Ft: 76.22
  • Ratio List Price By Acres: 2010242.09
  • Ratio List Price By Sq Ft: 73.14
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4680
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Hertel to Commonwealth/Linden to Commonwealth
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Gas-Some, Refrigerator, Washer
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of Rooms: 17
  • Total Sq Ft: 2952

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1074

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.5000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

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

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-078-720-0002-020-000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2766

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Dec 23, 2016
Sold by
Schiralli Peter P and Schiralli Tina R
Bought by
Perez Daniel A
Seller's Agent
Salvatore Dentico
Realty ONE Group Empower
Buyer's Agent
Grace Grunzweig
Realty ONE Group Empower
List Price
$115,900
Sold Price
$225,000
Premium/Discount to List
$109,100
94.13%
Current Estimated Value
$400,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,907
Avg. Annual Appreciation
6.82%
Original Mortgage
$213,750
Outstanding Balance
$176,624
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$224,283

Purchase Details

Closed on
Dec 19, 1996
Source: Public Records

Range of Values:

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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
Perez Daniel A $225,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Daniel A $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2017 01/26/17 Sold $225,000 +94.1% $76 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $115,900 -- $39 / 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 $1,160 $207,000 $33,700 $173,300
2023 $1,049 $207,000 $33,700 $173,300
2022 $1,041 $207,000 $33,700 $173,300
2021 $1,041 $207,000 $33,700 $173,300
2020 $834 $207,000 $33,700 $173,300
2019 $2,971 $108,300 $10,500 $97,800
2018 $2,796 $108,300 $10,500 $97,800
2017 $644 $108,300 $10,500 $97,800
2016 $2,636 $108,300 $10,500 $97,800
2015 -- $108,300 $10,500 $97,800
2014 -- $108,300 $10,500 $97,800
Source: Public Records

Agents Affiliated with this Home

  • Salvatore Dentico

    Seller's Agent in 2017

    Salvatore Dentico

    Realty ONE Group Empower

    (716) 228-6560

    2 in this area

    21 Total Sales

    Salvatore Dentico
    Section Image
  • Grace Grunzweig

    Buyer's Agent in 2017

    Grace Grunzweig

    Realty ONE Group Empower

    (716) 510-0674

    7 Total Sales

    Grace Grunzweig
    Section Image
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Map

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

MLS Number: B1003036

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-720-0002-020-000

New York Erie County Buffalo 14216 North Park

38 Commonwealth Ave, Buffalo, NY

This home is located at 38 Commonwealth Ave, Buffalo, NY 14216 since 19 September 2016 and is currently estimated at $400,907, approximately $135 per square foot. This property was built in 1940. 38 Commonwealth Ave is a home located in Erie County with nearby schools including Tapestry Charter School, St Mark Elementary School, and Nichols School.

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