NOT LISTED FOR SALE

48 Lovering Ave Buffalo, NY 14216

North Park Neighborhood

Estimated Value: $327,000 - $407,000

6 Beds
2 Baths
2,500 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $155,900 $62 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,072/month

9 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Leaded Glass Windows
  • Full Attic
  • Balcony
  • Woodwork

About This Home

As of August 2012

48 Lovering Ave: A classic, stately double on a deep, treed yard. Open balcony, big three car garage and an attractive brick and sided exterior. Traditional, comfortable floor plans, living and formal dining rooms, all accented by deep oak moldings, woodwork, beamed ceilings and commanding fireplaces. Oak hardwood floors. Quaint kitchens, some glass cabinet doors. Period bathroom fixtures accented by updated vanity and windows. Separate, modern mechanical systems include heating, hot water and electric. Shingle roof, new tear off in 2011 ($10,800). Security systems, glass block windows.

Last Agent to Sell the Property

Matt Quagliano

Listing by Buffalo Home Sellers LLC License #40QU0743308 Listed on: 06/05/2012

Last Buyer's Agent

Martha Szczygiel

Listing by Howard Hanna WNY Inc. License #40SZ0965471

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 150 x 36
  • Partially Fenced Property

Parking

  • 3 Car Garage

Home Design

  • Stone Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • 2 Fireplaces
  • Gas Fireplace
  • Leaded Glass Windows
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 140200-078-640-0001-010-000

Community Details

Overview

  • 2 Units
  • Delaware Hill Community
  • Delaware Hill Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,867

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Age: 85
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 118000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 36
  • Lot Information: Near Bus Line
  • L P Per Acre: 1299166.6700
  • List Price per Sq Ft: 62.3600
  • Nearest Cross Street: Hertel
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1299166.67
  • Ratio Close Price By Sq Ft: 62.36
  • Ratio List Price By Acres: 1299166.67
  • Ratio List Price By Sq Ft: 62.36
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • Sale Price List Price: 1.0000
  • S P Per Acre: 1299166.6700
  • S P Per Sq Ft: 62.3600
  • Sub Board Code: Buffalo
  • Type of Residence: Detached
  • Type of Sale: Normal
  • Value Range Search Low Price: 155900.00
  • Year Built Description: Existing Unknown
  • Age of Building: 95
  • Year Built: 1927
  • Directions To Property: From Hertel to Lovering
  • Subdivision Comm Complex: DELAWARE HILL
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Leaded Glass - some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Fireplaces Gas: 2
  • Number of Fireplaces Not Repto Code: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of Rooms: 12
  • Total Sq Ft: 2500

Exterior Features

  • Construction: Brick, Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.1200

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: Blacktop

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

Lot Info

  • Parcel Number: 140200-078-640-0001-010-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2867

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Aug 23, 2012
Sold by
Williams Richard H Richard H
Bought by
Charney Kristian
Seller's Agent
Matt Quagliano
Buffalo Home Sellers LLC
Buyer's Agent
Martha Szczygiel
Howard Hanna WNY Inc.
List Price
$155,900
Sold Price
$155,900
Current Estimated Value
$378,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,076
Avg. Annual Appreciation
6.97%
Original Mortgage
$153,075
Outstanding Balance
$106,441
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$272,535

Purchase Details

Closed on
Oct 26, 2006
Sold by
Barile William J
Bought by
Williams Richard H and Williams Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,155
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Magavern William J and White Alyne D
Bought by
Barile William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Charney Kristian $155,900 --
Williams Richard H $117,950 Ticor Title Insurance Co
Barile William J $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charney Kristian $153,075
Previous Owner Williams Richard H $106,155
Previous Owner Barile William J $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2012 08/23/12 Sold $155,900 0.0% $62 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $155,900 -- $62 / 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 $1,054 $188,000 $35,500 $152,500
2023 $953 $188,000 $35,500 $152,500
2022 $945 $188,000 $35,500 $152,500
2021 $945 $188,000 $35,500 $152,500
2020 $908 $188,000 $35,500 $152,500
2019 $3,237 $118,000 $11,200 $106,800
2018 $3,046 $118,000 $11,200 $106,800
2017 $702 $118,000 $11,200 $106,800
2016 $2,872 $118,000 $11,200 $106,800
2015 -- $118,000 $11,200 $106,800
2014 -- $118,000 $11,200 $106,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Matt Quagliano

    Buffalo Home Sellers LLC

    (716) 471-9266

    19 in this area

    124 Total Sales

    Matt Quagliano
    Section Image
  • Martha Szczygiel

    Buyer's Agent in 2012

    Martha Szczygiel

    Howard Hanna

    (716) 400-3230

    50 Total Sales

    Martha Szczygiel
    Section Image
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Map

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

MLS Number: B409691

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-640-0001-010-000

New York Erie County Buffalo 14216 North Park

48 Lovering Ave, Buffalo, NY

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