NOT LISTED FOR SALE

481 Highgate Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $126,000 - $230,000

4 Beds
2 Baths
1,712 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $85,000 $50 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,025/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop

About This Home

As of February 2020

This home is located at 481 Highgate Ave, Buffalo, NY 14215 since 12 December 2019 and is currently estimated at $189,495, approximately $110 per square foot. This property was built in 1925. 481 Highgate Ave is a home located in Erie County with nearby schools including Westminster Community Charter School, Charter School Of Inquiry, and St. Joseph University School.

Last Agent to Sell the Property

Michael Algawani

Listing by Queen City Realty Group LLC License #10491200612 Listed on: 12/12/2019

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

  • $1,330

Year Built

  • Built in 1925

Lot Details

  • 3,520 Sq Ft Lot
  • Lot Dimensions are 110 x 32

Parking

  • Driveway

Interior Spaces

  • 1,712 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 8
  • Assessor Parcel Number 140200-079-650-0003-008-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 52000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 8
  • Nearest Cross Street: Suffolk
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1051980.20
  • Ratio Close Price By Sq Ft: 49.65
  • Ratio List Price By Acres: 1075495.05
  • Ratio List Price By Sq Ft: 50.76
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 480
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3520
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: Bailey Ave to Highgate Ave
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1712

Exterior Features

  • Construction: Shake Shingle
  • Number of Acres: 0.0808

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, 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

Lot Info

  • Parcel Number: 140200-079-650-0003-008-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1330

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Feb 14, 2020
Sold by
M & M Batim Inc
Bought by
Dutta Lipi
Seller's Agent
Michael Algawani
Queen City Realty Group LLC
Buyer's Agent
Ben Schwed
Soul Side Real Estate Solutions Inc
List Price
$86,900
Sold Price
$85,000
Premium/Discount to List
-$1,900
-2.19%
Current Estimated Value
$189,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,495
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
Jul 29, 2013
Sold by
Kauffman Moshe
Bought by
M&M Batim Inc

Purchase Details

Closed on
Feb 25, 2013
Sold by
City Of Buffalo
Bought by
Kauffman Moshe
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
Dutta Lipi $85,000 None Available
M&M Batim Inc -- --
Kauffman Moshe $23,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $85,000 -2.2% $50 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $86,900 -- $51 / 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 $398 $71,000 $4,500 $66,500
2023 $360 $71,000 $4,500 $66,500
2022 $357 $71,000 $4,500 $66,500
2021 $357 $71,000 $4,500 $66,500
2020 $400 $71,000 $4,500 $66,500
2019 $1,427 $52,000 $6,000 $46,000
2018 $1,342 $52,000 $6,000 $46,000
2017 $309 $52,000 $6,000 $46,000
2016 $1,266 $52,000 $6,000 $46,000
2015 -- $52,000 $6,000 $46,000
2014 -- $52,000 $6,000 $46,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Algawani

    Seller's Agent in 2020

    Michael Algawani

    Queen City Realty Group LLC

    (716) 923-7407

    50 Total Sales

    Michael Algawani
    Section Image
  • Ben Schwed

    Buyer's Agent in 2020

    Ben Schwed

    Soul Side Real Estate Solutions Inc

    (716) 331-9285

    2 in this area

    90 Total Sales

    Ben Schwed
    Section Image
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Map

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

MLS Number: B1242223

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-650-0003-008-000

New York Erie County Buffalo 14215 University District

481 Highgate Ave, Buffalo, NY

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