NOT LISTED FOR SALE

40 Mesmer Ave Buffalo, NY 14220

Abbott McKinley Neighborhood

Estimated Value: $123,000 - $268,000

6 Beds
2 Baths
2,250 Sq Ft
$81/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $120,000 $53 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,009/month

15 Days on Market

Highlights

  • Property is near public transit
  • 2 Fireplaces
  • Garage
  • Wood Flooring
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of October 2024

This two-unit property located in South Buffalo presents a fantastic investment opportunity. The lower unit, currently occupied by a long-term tenant, offers immediate rental income and features 3 bedrooms, one full bathroom and a spacious living area with eat in kitchen. This unit has been well-maintained and provides a steady, reliable income stream. The upper unit is vacant and with renovation, this space has the potential to reach full market rent, maximizing your return on investment. Additional property highlights include: Separate utilities, laundry hookups in basement, and a sump pump. This is an excellent opportunity for an investor or owner-occupant looking to add value and customize the space to their preferences. Offers, if any will be reviewed beginning on Monday 8/19 at 11am.

Last Agent to Sell the Property

Joseph Saccone

Listing by Keller Williams Realty WNY Brokerage Phone: 716-870-6226 License #40SA1032884 Listed on: 08/07/2024

Keller Williams Realty WNY

Last Buyer's Agent

Joseph Trifilo

Listing by HUNT Real Estate Corporation License #40TR0760579

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 1900

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Property is Fully Fenced
  • Rectangular Lot

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Garage
  • On-Street Parking

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Rent includes gardener, parking, water
  • Tax Lot 15
  • Assessor Parcel Number 140200-133-230-0008-015-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,008

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Parking, Water
  • Year Built: 1900
  • Attribution Contact: 716-870-6226
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: Mesmer is off Southside between Tifft & Abbott
  • Architectural Style: Duplex
  • Flooring: Hardwood, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.0861
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Fully Fenced
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Driveway, On Street, Garage

Utilities

  • Heating: Gas, Forced Air, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-133-230-0008-015-000
  • Lot Dimensions: 30X125
  • Lot Size Sq Ft: 3750.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2008.0
  • Tax Lot: 15
  • Tax Other Annual Assessment Amount: 220.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 16, 2024
Sold by
Cfl Holdings I Llc and Lojacono
Bought by
Shuttleworth Jason and Shuttleworth Megan
Seller's Agent
Joseph Saccone
Keller Williams Realty WNY
Buyer's Agent
Joseph Trifilo
HUNT Real Estate Corporation
List Price
$99,900
Sold Price
$120,000
Premium/Discount to List
$20,100
20.12%
Views
57
Current Estimated Value
$182,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,916
Avg. Annual Appreciation
42.94%

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 15, 2017
Sold by
Thb Inc
Bought by
4055 Sobo Llc
Seller's Agent
Karen Craig
Park Realty of WNY LLC
Buyer's Agent
Joseph Saccone
Keller Williams Realty WNY
List Price
$94,900
Sold Price
$87,000
Premium/Discount to List
-$7,900
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Mar 3, 2010
Sold by
Pinnacle Property Solutions Of Western N
Bought by
Thb Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2009
Sold by
Peterson Agnes E
Bought by
Pinnacle Property Solutions Of Western N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
4.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shuttleworth Jason $120,000 Chicago Title Insurance Co
4055 Sobo Llc $87,000 None Available
4055 Sobo Llc $87,000 None Available
4055 Sobo Llc $87,000 None Available
4055 Sobo Llc $87,000 None Available
Thb Inc $57,500 None Available
Thb Inc $57,500 None Available
Thb Inc $57,500 None Available
Pinnacle Property Solutions Of Western N $24,000 None Available
Pinnacle Property Solutions Of Western N $24,000 None Available
Pinnacle Property Solutions Of Western N $24,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thb Inc $46,000
Previous Owner Pinnacle Property Solutions Of Western N $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2024 10/24/24 Sold $120,000 +20.1% $53 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $99,900 +14.8% $44 / Sq Ft
03/09/2017 03/09/17 Sold $87,000 -8.3% $39 / Sq Ft View Prior Sale
01/21/2017 01/21/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $94,900 -- $42 / 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 $617 $110,000 $8,600 $101,400
2023 $557 $110,000 $8,600 $101,400
2022 $553 $110,000 $8,600 $101,400
2021 $553 $110,000 $8,600 $101,400
2020 $339 $110,000 $8,600 $101,400
2019 $1,207 $44,000 $5,000 $39,000
2018 $1,136 $44,000 $5,000 $39,000
2017 $262 $44,000 $5,000 $39,000
2016 $1,071 $44,000 $5,000 $39,000
2015 -- $44,000 $5,000 $39,000
2014 -- $44,000 $5,000 $39,000
Source: Public Records

Agents Affiliated with this Home

  • Joseph Saccone

    Seller's Agent in 2024

    Joseph Saccone

    Keller Williams Realty WNY

    (716) 303-7900

    1 in this area

    203 Total Sales

    Joseph Saccone
    Section Image
  • Joseph Trifilo

    Buyer's Agent in 2024

    Joseph Trifilo

    Hunt Real Estate

    (716) 553-3939

    2 in this area

    784 Total Sales

    Joseph Trifilo
    Section Image

  • K

    Seller's Agent in 2017

    Karen Craig

    Park Realty of WNY LLC

    (716) 909-7795

    18 Total Sales

    Karen Craig
    Section Image
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Map

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

MLS Number: B1556377

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-133-230-0008-015-000

New York Erie County Buffalo 14220 Abbott McKinley

40 Mesmer Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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