NOT LISTED FOR SALE

40 Martha Ave Buffalo, NY 14215

Kensington-Bailey Neighborhood

Estimated Value: $162,469 - $191,000

5 Beds
2 Baths
2,392 Sq Ft
$74/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $25,000 $10 Per Sq Ft

Est. 608% increase in value since last sale

Current estimated payment $990/month

406 Days on Market

About This Home

As of May 2014

2 Family unit located in direct vicinity of the Bailey Avenue business district, nice neighborhood and direct proximity to the 33 Expressway on ramp. Property does need repairs and updates

Last Agent to Sell the Property

James White

Listing by Park Realty of WNY LLC License #30WH1134531 Listed on: 12/04/2012

Last Buyer's Agent

Sasa Borovcanin

Listing by No Office Affiliation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $393

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 79 x 40

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 1.5 Car Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 140200-090-410-0008-031-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$393

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Age: 87
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 36800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 79
  • Lot Dimension Front: 40
  • L P Per Acre: 398571.4300
  • List Price per Sq Ft: 11.6638
  • Nearest Cross Street: Suffolk
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 357142.86
  • Ratio Close Price By Sq Ft: 10.45
  • Ratio List Price By Acres: 398571.43
  • Ratio List Price By Sq Ft: 11.66
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Sale Price List Price: 0.8960
  • S P Per Acre: 357142.8600
  • S P Per Sq Ft: 10.4500
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Short Sale
  • Value Range Search Low Price: 27900.00
  • Year Built Description: Existing
  • Age of Building: 98
  • Year Built: 1925
  • Directions To Property: Bailey to Martha
  • WaterRelatedFeatures: Other - See Remarks
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Number of Rooms: 11
  • Total Sq Ft: 2392

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.0700

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.5000
  • Parking Driveway: Concrete

Utilities

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

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-090-410-0008-031-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 393

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Bhai Bhai Buffalo Corp
Bought by
Mizan Shahrin A and Kawsar Zakaria
Current Estimated Value
$177,117

Purchase Details

Closed on
Nov 24, 2017
Sold by
Ahmed Romana
Bought by
Bhai Bhai Buffalo Corp

Purchase Details

Closed on
Aug 21, 2014
Sold by
Rahman Mohammed E and Kabir Md Humayon
Bought by
Ahmed Romana

Purchase Details

Closed on
Mar 7, 2014
Sold by
Markarian Kevin W
Bought by
Kabir Md Humayon and Rahman Mohammed E

Purchase Details

Closed on
Mar 2, 2007
Sold by
Williams Christopher M
Bought by
Markarian Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
King Wayne and King Mark
Bought by
Williams Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,900
Interest Rate
6.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 2006
Sold by
Hud
Bought by
King Mark and King Wayne

Purchase Details

Closed on
Nov 23, 2005
Sold by
Washington Mutual Bank Fa
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Mizan Shahrin A -- None Available
Bhai Bhai Buffalo Corp $84,500 None Available
Ahmed Romana -- None Available
Kabir Md Humayon $25,000 None Available
Markarian Kevin W $64,000 None Available
Williams Christopher M $59,900 None Available
King Mark $18,100 None Available
Hud $53,229 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markarian Kevin W $60,800
Previous Owner Williams Christopher M $53,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2014 05/12/14 Sold $25,000 -16.4% $10 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
12/04/2012 12/04/12 For Sale $29,900 -- $13 / 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 $324 $64,000 $4,100 $59,900
2023 $324 $64,000 $4,100 $59,900
2022 $322 $64,000 $4,100 $59,900
2021 $322 $64,000 $4,100 $59,900
2020 $283 $64,000 $4,100 $59,900
2019 $1,010 $36,800 $4,300 $32,500
2018 $950 $36,800 $4,300 $32,500
2017 $219 $36,800 $4,300 $32,500
2016 $896 $36,800 $4,300 $32,500
2015 -- $36,800 $4,300 $32,500
2014 -- $36,800 $4,300 $32,500
Source: Public Records

Agents Affiliated with this Home

  • James White

    Seller's Agent in 2014

    James White

    Park Realty of WNY LLC

    (716) 830-4754

    23 Total Sales

    James White
    Section Image

  • S

    Buyer's Agent in 2014

    Sasa Borovcanin

    No Office Affiliation

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Map

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

MLS Number: B420402

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-090-410-0008-031-000

New York Erie County Buffalo 14215 Kensington-Bailey

40 Martha Ave, Buffalo, NY

This home is located at 40 Martha Ave, Buffalo, NY 14215 since 04 December 2012 and is currently estimated at $177,117, approximately $74 per square foot. This property was built in 1925. 40 Martha Ave is a home located in Erie County with nearby schools including Westminster Community Charter School, Charter School Of Inquiry, and King Center Charter School.

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