Seller's Agent in 2023
Yvonne Bailey
City of Buffalo
(716) 603-9560
1 in this area
38 Total Sales
3950 Bailey Ave Amherst, NY 14226
Eggertsville NeighborhoodEstimated Value: $256,827
3
Beds
3
Baths
2,580
Sq Ft
$100/Sq Ft
Est. Value
Highlights
- Forced Air Cooling System
- Tile Flooring
- Heating System Uses Gas
- Amherst Middle School Rated A
- Property is near a bus stop
About This Home
As of September 2023Fantastic investment property presents an ideal opportunity for an investor or owner occupant, with a commercial storefront and three residential apartments generating immediate income streams. The combination of commercial and residential spaces offers a versatile and attractive option for savvy owner occupants or investors seeking a mixed-use property.
Last Agent to Sell the Property
Listing by City of Buffalo License #10311210463 Listed on: 05/11/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,444
Year Built
- Built in 1950
Lot Details
- 5,040 Sq Ft Lot
- Lot Dimensions are 112 x 45
Parking
- 1.5 Car Garage
Home Design
- Asphalt Roof
Interior Spaces
- 2,580 Sq Ft Home
- 1.5-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Location
- Property is near a bus stop
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 142289-079-250-0001-005-000
Community Details
Overview
- 3 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2023
Closed on
Sep 1, 2023
Sold by
Drake Dewayne
Bought by
Pol Suyog Uddhacv
Seller's Agent
Yvonne Bailey
City of Buffalo
Buyer's Agent
Earl Altheide
Irish Jones Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Views
154
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
$31,827
Avg. Annual Appreciation
5.79%
Original Mortgage
$168,750
Outstanding Balance
$165,958
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$84,714
Purchase Details
Listed on
Sep 4, 2019
Closed on
Nov 18, 2019
Sold by
Cormier Joshua and Cormier Jodie
Bought by
Drake Dewayne
Seller's Agent
Raymond Smith
Buffalo First Realty Group Inc
Buyer's Agent
Raymond Smith
Buffalo First Realty Group Inc
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%
Purchase Details
Listed on
May 27, 2016
Closed on
Aug 10, 2016
Sold by
Meerovich Abraham and Meerovich Bella
Bought by
Cormer Joshua and Cormer Jodie
Seller's Agent
galina dmitrova
Keller Williams Realty WNY
Buyer's Agent
John Spaschak
WNY Metro Roberts Realty
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pol Suyog Uddhacv | $225,000 | Stewart Title Insurance Co | |
| Pol Suyog Uddhacv | $225,000 | Stewart Title Insurance Co | |
| Pol Suyog Uddhacv | $225,000 | Stewart Title Insurance Co | |
| Drake Dewayne | $140,000 | Stewart Title Insurance Co | |
| Drake Dewayne | $140,000 | Stewart Title Insurance Co | |
| Drake Dewayne | $140,000 | Stewart Title Insurance Co | |
| Cormer Joshua | $118,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pol Suyog Uddhacv | $168,750 | |
| Closed | Pol Suyog Uddhacv | $168,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2023 09/05/23 | Sold | $225,000 | -6.2% | $87 / Sq Ft |
| 06/23/2023 06/23/23 | Pending | -- | -- | -- |
| 06/01/2023 06/01/23 | Price Changed | $239,900 | -4.0% | $93 / Sq Ft |
| 05/11/2023 05/11/23 | For Sale | $249,900 | +78.5% | $97 / Sq Ft |
| 11/21/2019 11/21/19 | Sold | $140,000 | -6.6% | $54 / Sq Ft |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- |
| 09/04/2019 09/04/19 | For Sale | $149,900 | +27.0% | $58 / Sq Ft |
| 08/24/2016 08/24/16 | Sold | $118,000 | -5.5% | $46 / Sq Ft |
| 06/15/2016 06/15/16 | Pending | -- | -- | -- |
| 05/27/2016 05/27/16 | For Sale | $124,900 | -- | $48 / 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 | -- | $215,000 | $30,000 | $185,000 |
| 2023 | $4,612 | $112,000 | $21,000 | $91,000 |
| 2022 | $4,188 | $112,000 | $21,000 | $91,000 |
| 2021 | $4,184 | $112,000 | $21,000 | $91,000 |
| 2020 | $6,482 | $112,000 | $21,000 | $91,000 |
| 2019 | $6,302 | $112,000 | $21,000 | $91,000 |
| 2018 | $3,795 | $112,000 | $21,000 | $91,000 |
| 2017 | $1,160 | $112,000 | $21,000 | $91,000 |
| 2016 | $3,249 | $90,400 | $33,000 | $57,400 |
| 2015 | -- | $90,400 | $33,000 | $57,400 |
| 2014 | -- | $90,400 | $33,000 | $57,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Earl Altheide
Irish Jones Realty
(716) 901-1518
2 in this area
145 Total Sales
-
R
Seller's Agent in 2019
Raymond Smith
Buffalo First Realty Group Inc
(716) 903-8279
6 in this area
84 Total Sales
-
g
Seller's Agent in 2016
galina dmitrova
Keller Williams Realty WNY
(716) 832-3300
20 Total Sales
-
Buyer's Agent in 2016
John Spaschak
WNY Metro Roberts Realty
(716) 427-8326
3 in this area
229 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1470646
APN: 142289-079-250-0001-005-000
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