NOT LISTED FOR SALE

3938 Bailey Ave Buffalo, NY 14226

Eggertsville Neighborhood

Estimated Value: $273,000 - $323,000

6 Beds
3 Baths
1,512 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $310,000 $205 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,991/month

2 Days on Market

Highlights

  • Property is near public transit
  • Energy-Efficient Appliances
  • Forced Air Heating and Cooling System
  • Amherst Middle School Rated A
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of April 2024

Location! High-demand area! front face of the house updated with stone and Great for investment or owner occupied. 3/3 duplex units' rental income produce property is close to UBO South Campus & metro transportation route. Lower unit have been updated top to bottom some updates including electric & gas line update, windows are new. Lower unit has eat-in kitchen and formal dining room, living room with flooring and freshly painted. Both units are fully occupied with tenants (student living). Both units have Central Air Condition and full basement full fenced backyard.

Last Agent to Sell the Property

Jeevakaran Seevaratnam

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-523-4030 License #10401261595 Listed on: 02/12/2024

HUNT Real Estate Corporation

Last Buyer's Agent

David Harris

Listing by Iconic Real Estate License #10401369501

Iconic Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,765

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x112
  • Property fronts a private road
  • Property is Fully Fenced

Parking

  • Paved Parking

Home Design

  • Duplex
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Location

  • Property is near public transit

Schools

  • Windermere Blvd Elementary School
  • Amherst Middle School
  • Amherst Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes all utilities, trash collection
  • Assessor Parcel Number 142289-079-250-0001-007-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $12,400
  • Gross Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,765

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: All Utilities, Trash Collection
  • Year Built: 1935
  • Attribution Contact: 716-523-4030
  • Lot Features: Near Public Transit
  • Road Frontage Type: Private Road
  • Directions: Google Map
  • Architectural Style: Duplex
  • Flooring: Ceramic Tile, Laminate, Tile, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Efficiency: Appliances, HVAC, Lighting, Windows
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.13
  • Waterfront: No
  • Construction Type: Frame, Stone, Vinyl Siding
  • Exterior Features: Fully Fenced

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Connected, Not Connected, Public

Schools

  • Junior High Dist: Amherst
  • Ninth Grade High School: Amherst Central High
  • Middle Or Junior School: Amherst Middle

Lot Info

  • Parcel Number: 142289-079-250-0001-007-000
  • Lot Dimensions: 50X112
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential Multi Use
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 47400.0
  • Annual Operating Expense: 12400.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6765.0

MLS Schools

  • Elementary School: Windermere Blvd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 25, 2024
Sold by
Kathiravelu Muraleetharan
Bought by
Harris Demone
Seller's Agent
Jeevakaran Seevaratnam
HUNT Real Estate Corporation
Buyer's Agent
David Harris
Iconic Real Estate
List Price
$260,000
Sold Price
$310,000
Premium/Discount to List
$50,000
19.23%
Views
57
Current Estimated Value
$292,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,143
Avg. Annual Appreciation
-1.44%
Original Mortgage
$232,500
Outstanding Balance
$229,252
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$74,455

Purchase Details

Closed on
Jul 9, 2021
Sold by
Sivanantham Niranjan
Bought by
Kathiravelu Muraleetharan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jun 5, 2018
Sold by
Swanson Craig L and The Swanson Family Trust
Bought by
Sivanantham Niranjan
Seller's Agent
Charles Battaglia
HUNT Real Estate Corporation
Buyer's Agent
Jeevakaran Seevaratnam
HUNT Real Estate Corporation
List Price
$149,900
Sold Price
$143,000
Premium/Discount to List
-$6,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Dec 23, 2015
Sold by
Swanson David G and Swanson Arlene D
Bought by
Swanson Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harris Demone $310,000 None Available
Harris Demone $310,000 None Available
Kathiravelu Muraleetharan $141,505 None Available
Kathiravelu Muraleetharan $141,505 None Available
Kathiravelu Muraleetharan $141,505 None Available
Sivanantham Niranjan $143,000 None Available
Sivanantham Niranjan $143,000 None Available
Sivanantham Niranjan $143,000 None Available
Swanson Family Trust -- None Available
Swanson Family Trust -- None Available
Swanson Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Demone $232,500
Closed Harris Demone $232,500
Previous Owner Kathiravelu Muraleetharan $115,000
Previous Owner Sivanantham Niranjan $6,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $310,000 +19.2% $205 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $260,000 +81.8% $172 / Sq Ft
06/07/2018 06/07/18 Sold $143,000 -4.6% $95 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $149,900 -- $99 / 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 -- $194,000 $38,000 $156,000
2023 $4,791 $82,000 $15,800 $66,200
2022 $3,877 $82,000 $15,800 $66,200
2021 $3,873 $82,000 $15,800 $66,200
2020 $3,256 $82,000 $15,800 $66,200
2019 $3,503 $82,000 $15,800 $66,200
2018 $3,443 $82,000 $15,800 $66,200
2017 $1,484 $82,000 $15,800 $66,200
2016 $3,524 $82,000 $13,600 $68,400
2015 -- $82,000 $13,600 $68,400
2014 -- $82,000 $13,600 $68,400
Source: Public Records

Agents Affiliated with this Home

  • Jeevakaran Seevaratnam

    Seller's Agent in 2024

    Jeevakaran Seevaratnam

    Hunt Real Estate

    (716) 523-4030

    7 in this area

    81 Total Sales

    Jeevakaran Seevaratnam
    Section Image
  • David Harris

    Buyer's Agent in 2024

    David Harris

    Iconic Real Estate

    (716) 602-7564

    2 in this area

    57 Total Sales

    David Harris
    Section Image

  • C

    Seller's Agent in 2018

    Charles Battaglia

    Hunt Real Estate

    (716) 913-2595

    11 Total Sales

    Charles Battaglia
    Section Image
See All Agents

Map

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

MLS Number: B1520988

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-079-250-0001-007-000

New York Erie County Buffalo 14226 Eggertsville

3938 Bailey Ave, Buffalo, NY

This home is located at 3938 Bailey Ave, Buffalo, NY 14226 since 12 February 2024 and is currently estimated at $292,857, approximately $193 per square foot. This property was built in 1935. 3938 Bailey Ave is a home located in Erie County with nearby schools including Windermere Boulevard School, Amherst Middle School, and Amherst Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes