NOT LISTED FOR SALE

473 Olympic Ave Buffalo, NY 14215

Kensington-Bailey Neighborhood

Estimated Value: $136,000 - $174,000

6 Beds
3 Baths
2,064 Sq Ft
$78/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2018

Last sale price $40,000 $19 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $877 / mo

7 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Property is Fully Fenced
  • Wood Flooring
  • 1 Car Garage
  • Wood Siding

About This Home

As of August 2018

Spacious 2 family Buffalo home. Needs some TLC to make this the greatest investment project you've had yet! Conveniently located near all modern day needs! Don't miss this opportunity, it won't last long!

Last Agent to Sell the Property

Phillip Greiner

Listing by Prestige Family Realty License #10401258814 Listed on: 06/01/2018

Co-Listed By

Ariel Willard

Listing by WNY Metro Roberts Realty License #10401295838

Last Buyer's Agent

Ben Schwed

Listing by Soul Side Real Estate Solutions Inc License #10311210623

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $809

Year Built

  • Built in 1940

Lot Details

  • 4,680 Sq Ft Lot
  • Lot Dimensions are 40x117
  • Property is Fully Fenced

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate

Outdoor Features

  • Deck

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 140200-090-400-0005-023-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$809

Year Built

Built in 1940

Lot Details

4,680 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1940
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: METR53
  • Co List Office Phone: 716-891-1710
  • Directions: Kensington to Olympic
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Year Built Details: Existing
  • Special Features: 5120

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Full
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Fencing: Full
  • Acres: 0.1074
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Fully Fenced
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Paved

Utilities

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

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-090-400-0005-023-000
  • Lot Dimensions: 40X117
  • Lot Size Sq Ft: 4680.0
  • 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: 809.0
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2024
Sold by
Ahmed Ishaque
Bought by
Shehab Realty Inc
Current Estimated Value
$160,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$78,546
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,839

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jun 18, 2018
Sold by
Midfirst Bank
Bought by
Ahmed Ishaque
Seller's Agent
Phillip Greiner
Prestige Family Realty
Buyer's Agent
Ben Schwed
Soul Side Real Estate Solutions Inc
List Price
$35,400
Sold Price
$40,000
Premium/Discount to List
$4,600
12.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.82%

Purchase Details

Closed on
Oct 19, 2017
Sold by
Kay Randall J
Bought by
Mdfirst Bank
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

Date Buyer Sale Price Title Company
Shehab Realty Inc $130,000 None Available
Shehab Realty Inc $130,000 None Available
Ahmed Ishaque $40,000 None Available
Ahmed Ishaque $40,000 None Available
Ahmed Ishaque $40,000 None Available
Ahmed Ishaque $40,000 None Available
Mdfirst Bank $69,469 None Available
Mdfirst Bank $69,469 None Available
Mdfirst Bank $69,469 None Available
Mdfirst Bank $69,469 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shehab Realty Inc $80,000
Closed Shehab Realty Inc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $40,000 +13.0% $19 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $35,400 -- $17 / 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
2025 $325 $175,000 $8,000 $167,000
2024 $325 $58,000 $5,100 $52,900
2023 $294 $58,000 $5,100 $52,900
2022 $292 $58,000 $5,100 $52,900
2021 $292 $58,000 $5,100 $52,900
2020 $329 $58,000 $5,100 $52,900
2019 $1,174 $42,800 $3,900 $38,900
2018 $1,105 $42,800 $3,900 $38,900
2017 $255 $42,800 $3,900 $38,900
2016 $1,042 $42,800 $3,900 $38,900
2015 -- $42,800 $3,900 $38,900
2014 -- $42,800 $3,900 $38,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Phillip Greiner

    Prestige Family Realty

    (716) 322-3175

    13 Total Sales

    Phillip Greiner
    Section Image
  • Ariel Willard

    Seller Co-Listing Agent in 2018

    Ariel Willard

    WNY Metro Roberts Realty

    (716) 265-6345

    79 Total Sales

    Ariel Willard
    Section Image
  • Ben Schwed

    Buyer's Agent in 2018

    Ben Schwed

    Soul Side Real Estate Solutions Inc

    (716) 331-9285

    2 in this area

    85 Total Sales

    Ben Schwed
    Section Image
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Map

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

MLS Number: B1122747

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-090-400-0005-023-000

New York Erie County Buffalo 14215 Kensington-Bailey

473 Olympic Ave, Buffalo, NY

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