NOT LISTED FOR SALE

3950 Bailey Ave Amherst, NY 14226

Eggertsville Neighborhood

Estimated Value: $262,808

3 Beds
3 Baths
2,580 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2023

Last sale price $225,000 $87 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,855 / mo

43 Days on Market

Highlights

  • Property is near public transit
  • Tile Flooring
  • 1.5 Car Garage
  • Amherst Middle School Rated A
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of September 2023

Fantastic 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

Yvonne Bailey

Listing by City of Buffalo Brokerage Email: homes4uandu@yahoo.com License #10311210463 Listed on: 05/11/2023

Last Buyer's Agent

Earl Altheide

Listing by Irish Jones Realty License #10491213272

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 45x112

Parking

  • 1.5 Car Garage

Home Design

  • Shake Siding

Interior Spaces

  • 2,580 Sq Ft Home
  • 1-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 public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 142289-079-250-0001-005-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,444

Year Built

Built in 1950

Lot Details

5,040 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1950
  • Attribution Contact: homes4uandu@yahoo.com
  • Lot Features: Other, Near Public Transit, See Remarks
  • Directions: Main to Bailey
  • Flooring: Laminate, Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Other, See Remarks
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Acres: 0.1157
  • Waterfront: No
  • Construction Type: Other, Shake Siding, See Remarks

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Amherst

Lot Info

  • Parcel Number: 142289-079-250-0001-005-000
  • Lot Dimensions: 45X112
  • Lot Size Sq Ft: 5040.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4444.0
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Sep 1, 2023
Sold by
Bought by
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
143
Current Estimated Value
$262,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,808
Avg. Annual Appreciation
5.60%
Original Mortgage
$168,750
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 18, 2019
Sold by
Bought by
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
Bought by
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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 Stewart Title Insurance Co
$140,000 Stewart Title Insurance Co
$118,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $168,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,126 $215,000 $30,000 $185,000
2024 $5,126 $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

  • Yvonne Bailey

    Seller's Agent in 2023

    Yvonne Bailey

    City of Buffalo

    (716) 603-9560

    1 in this area

    35 Total Sales

    Yvonne Bailey
    Section Image
  • Earl Altheide

    Buyer's Agent in 2023

    Earl Altheide

    Irish Jones Realty

    (716) 901-1518

    2 in this area

    168 Total Sales

    Earl Altheide
    Section Image
  • Raymond Smith

    Seller's Agent in 2019

    Raymond Smith

    Buffalo First Realty Group Inc

    (716) 903-8279

    4 in this area

    83 Total Sales

    Raymond Smith
    Section Image

  • g

    Seller's Agent in 2016

    galina dmitrova

    Keller Williams Realty WNY

    (716) 832-3300

    19 Total Sales

    galina dmitrova
    Section Image
  • John Spaschak

    Buyer's Agent in 2016

    John Spaschak

    WNY Metro Roberts Realty

    (716) 427-8326

    1 in this area

    221 Total Sales

    John Spaschak
    Section Image
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Map

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

MLS Number: B1470646

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-079-250-0001-005-000

New York Erie County Amherst 14226 Eggertsville

3950 Bailey Ave, Amherst, NY

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