NOT LISTED FOR SALE

423 Cumberland Ave Buffalo, NY 14220

Abbott McKinley Neighborhood

Estimated Value: $254,000 - $286,000

5 Beds
3 Baths
2,873 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $44,500 $15 Per Sq Ft

Est. 502% increase in value since last sale

Current estimated payment $1,438/month

22 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Rectangular Lot
  • Full Attic
  • Property is near bus stop

About This Home

As of December 2014

Great South Buffalo street with many remodeled homes in close proximity. 3 apts that need work but well worth it. Great investment project.

Last Agent to Sell the Property

Sharon Ciminelli

Listing by MJ Peterson Real Estate Inc. License #30CI0635619 Listed on: 11/13/2014

Last Buyer's Agent

Sharon Ciminelli

Listing by MJ Peterson Real Estate Inc. License #30CI0635619 Listed on: 11/13/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 120 x 35
  • Rectangular Lot

Home Design

  • Block Foundation

Interior Spaces

  • 2,873 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Linoleum

Parking

  • 2 Car Garage
  • Driveway

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes garage
  • Assessor Parcel Number 140200-133-330-0006-011-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,801

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Age: 87
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 80000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 35
  • Lot Information: Near Bus Line
  • Lot Shape: Rectangular
  • L P Per Acre: 419990.0000
  • List Price per Sq Ft: 14.6185
  • Nearest Cross Street: Cazenovia
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 445000.00
  • Ratio Close Price By Sq Ft: 15.49
  • Ratio List Price By Acres: 419990.00
  • Ratio List Price By Sq Ft: 14.62
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Garage
  • School Tax: 1430
  • Sale Price List Price: 1.0595
  • S P Per Acre: 445000.0000
  • S P Per Sq Ft: 15.4900
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 41999.00
  • Year Built Description: Existing
  • Age of Building: 95
  • Year Built: 1927
  • Directions To Property: Cazenovia to Cumberland.
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl
  • Number of Rooms: 12
  • Total Sq Ft: 2873

Exterior Features

  • Number of Acres: 0.1000

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-133-330-0006-011-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1801

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2018
Sold by
265 Katherine St Llc
Bought by
Zwick Michael
Current Estimated Value
$268,000

Purchase Details

Closed on
Apr 20, 2018
Sold by
Zwick Michael
Bought by
265 Katherine St Llc

Purchase Details

Listed on
Nov 13, 2014
Closed on
Dec 2, 2014
Sold by
Citimortgage Inc
Bought by
Zwick Michael
Seller's Agent
Sharon Ciminelli
MJ Peterson Real Estate Inc.
Buyer's Agent
Sharon Ciminelli
MJ Peterson Real Estate Inc.
List Price
$41,999
Sold Price
$44,500
Premium/Discount to List
$2,501
5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%

Purchase Details

Closed on
May 17, 2014
Sold by
The Secretary Of Veterans Affairs
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 1, 2013
Sold by
Kleinfelder Keith E and Citimortgage Inc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 1, 2007
Sold by
Kleinfelder Keith E and Cully Laurie A
Bought by
Kleinfelder Keith E

Purchase Details

Closed on
Jan 21, 1997
Sold by
Yox Clarence R
Bought by
Kelinfelder Keith E and Kelinfelder Laurie A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zwick Michael -- None Available
265 Katherine St Llc -- None Available
Zwick Michael $44,500 None Available
Citimortgage Inc -- None Available
Secretary Of Veterans Affairs $111,254 None Available
Kleinfelder Keith E -- None Available
Kelinfelder Keith E $92,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $44,500 +6.0% $15 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $41,999 -- $15 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $544 $97,000 $10,000 $87,000
2023 $491 $97,000 $10,000 $87,000
2022 $488 $97,000 $10,000 $87,000
2021 $488 $97,000 $10,000 $87,000
2020 $616 $97,000 $10,000 $87,000
2019 $2,195 $80,000 $5,800 $74,200
2018 $2,065 $80,000 $5,800 $74,200
2017 $476 $80,000 $5,800 $74,200
2016 $1,947 $80,000 $5,800 $74,200
2015 -- $80,000 $5,800 $74,200
2014 -- $80,000 $5,800 $74,200
Source: Public Records

Agents Affiliated with this Home

  • Sharon Ciminelli

    Seller's Agent in 2014

    Sharon Ciminelli

    MJ Peterson Real Estate Inc.

    (716) 510-7489

    152 Total Sales

    Sharon Ciminelli
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Map

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

MLS Number: B464723

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-133-330-0006-011-000

New York Erie County Buffalo 14220 Abbott McKinley

423 Cumberland Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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