Seller's Agent in 2023
Matthew Smith
WNY Metro Roberts Realty
(716) 828-0005
2 in this area
14 Total Sales
381 Abbott Rd Buffalo, NY 14220
Abbott McKinley NeighborhoodEstimated Value: $464,011
9
Beds
3
Baths
6,480
Sq Ft
$72/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Property is near a bus stop
- Full Attic
- Leaded Glass Windows
- Central Air
About This Home
As of December 2023Well-kept five unit building on Abbott Road in South Buffalo. The Building contains over 4500 ft.² of living space with 3 residential apartments and 2 store fronts. Currently the large 3 bedroom and two bedroom apartments are vacant. Updated and ready for you to move in your new tenants. A new electrical service was installed five years ago. Incl a new mainline and all new breaker box panels. The complete outside of the building was just painted this year. Lots of the interior has also been painted this year. The basement walls have been dry locked. The building has all new water supply lines throughout the whole building. Almost every window in the building is a replacement vinyl window or glass block window. Beautiful hardwood floors throughout a couple of the apartments. The building sale includes 3 refrigerators and 3 stoves. There’s washer and dryer hook ups in the basement for all 3 apartments. The building has one boiler for the entire building so that heat is included in the rent. It does have separate electric for every apartment and storefront. Double bay garage with three parking spaces behind the house. Five-year-old air conditioner that is central air for the bakery.
Last Agent to Sell the Property
Listing by WNY Metro Roberts Realty Brokerage Phone: 716-828-0005 License #40SM1175225 Listed on: 08/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,205
Year Built
- Built in 1930
Lot Details
- 4,100 Sq Ft Lot
- Lot Dimensions are 100 x 41
- Partially Fenced Property
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Mixed Use
Interior Spaces
- 6,480 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Leaded Glass Windows
- Basement Fills Entire Space Under The House
- Full Attic
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Location
- Property is near a bus stop
Utilities
- Central Air
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 140200-133-240-0009-010-000
Community Details
Overview
- 3 Units
- Buffalo Crk Reservation Community
- Buffalo Crk Reservation Subdivision
Building Details
- 6 Separate Electric Meters
- 2 Separate Gas Meters
- Operating Expense $17,805
- Gross Income $56,880
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2023
Closed on
Nov 16, 2023
Sold by
Smith Matthew H
Bought by
381 Abbott Road Llc
Seller's Agent
Matthew Smith
WNY Metro Roberts Realty
Buyer's Agent
Mark Komosinski
Howard Hanna WNY Inc.
List Price
$439,900
Sold Price
$392,000
Premium/Discount to List
-$47,900
-10.89%
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,011
Avg. Annual Appreciation
8.66%
Original Mortgage
$313,600
Outstanding Balance
$308,129
Interest Rate
7.5%
Mortgage Type
Commercial
Estimated Equity
$155,882
Purchase Details
Closed on
Aug 6, 2015
Sold by
Shaw Dawn and Carr Genevieve
Bought by
Smith Matthew H
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 381 Abbott Road Llc | $392,000 | None Available | |
| Smith Matthew H | $50,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 381 Abbott Road Llc | $313,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $392,000 | -10.9% | $60 / Sq Ft |
| 08/25/2023 08/25/23 | Pending | -- | -- | -- |
| 08/01/2023 08/01/23 | For Sale | $439,900 | -- | $68 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
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 | $925 | $165,000 | $8,600 | $156,400 |
| 2023 | $836 | $165,000 | $8,600 | $156,400 |
| 2022 | $830 | $165,000 | $8,600 | $156,400 |
| 2021 | $830 | $165,000 | $8,600 | $156,400 |
| 2020 | $513 | $165,000 | $8,600 | $156,400 |
| 2019 | $2,561 | $66,600 | $8,200 | $58,400 |
| 2018 | $2,368 | $66,600 | $8,200 | $58,400 |
| 2017 | $396 | $66,600 | $8,200 | $58,400 |
| 2016 | $2,229 | $66,600 | $8,200 | $58,400 |
| 2015 | -- | $66,600 | $8,200 | $58,400 |
| 2014 | -- | $66,600 | $8,200 | $58,400 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Smith
-
Mark Komosinski
Buyer's Agent in 2023
Mark Komosinski
Howard Hanna
(716) 984-4759
2 in this area
66 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1488405
APN: 140200-133-240-0009-010-000
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