NOT LISTED FOR SALE

481 Lisbon Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $127,000 - $213,000

3 Beds
2 Baths
1,862 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $55,000 $30 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $964/month

123 Days on Market

About This Home

As of September 2015

Well Maintained UB property...High demand area... Very close to Veteran's Hospital and University at Buffalo south campus...Many updates within last 4 yrs....Will not last long...Please check and secure your investment today....Sold 'AS IS"....

Last Agent to Sell the Property

Pushpa Gunatilake

Listing by Pioneer Star Real Estate Inc. License #10311200587 Listed on: 03/19/2015

Last Buyer's Agent

Tracy Taylor

Listing by No Office Affiliation License #10401247333

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 112 x 33

Interior Spaces

  • 1,862 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Rent includes no utilities, water
  • Assessor Parcel Number 140200-079-730-0002-002-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,348

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Age: 85
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 53000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 33
  • Lot Information: Neighborhood Street
  • L P Per Acre: 749987.5000
  • List Price per Sq Ft: 32.2228
  • Nearest Cross Street: suffok
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 687500.00
  • Ratio Close Price By Sq Ft: 29.54
  • Ratio List Price By Acres: 749987.50
  • Ratio List Price By Sq Ft: 32.22
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities, Water
  • School Tax: 477
  • Sale Price List Price: 0.9166
  • S P Per Acre: 687500.0000
  • S P Per Sq Ft: 29.5400
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 59999.00
  • Year Built Description: Existing
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Baily to Lisbon and pass Suffolk OR Eggert to Lisbon
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 11
  • Total Sq Ft: 1862

Exterior Features

  • Construction: Composition, Wood
  • Number of Acres: 0.0800

Garage/Parking

  • Garage Description: No Garage
  • 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: 140200-079-730-0002-002-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1348

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Faruque Omar and Sultana Shirin
Bought by
Tasfia Arish Tasnova Sweet Home Inc
Current Estimated Value
$179,962

Purchase Details

Listed on
Mar 19, 2015
Closed on
Sep 17, 2015
Sold by
Zakaria Kawsar and Nahar Kamrun
Bought by
Faruque Omar and Suhana Sharin
Seller's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
Buyer's Agent
Tracy Taylor
No Office Affiliation
List Price
$59,999
Sold Price
$55,000
Premium/Discount to List
-$4,999
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%

Purchase Details

Closed on
Nov 27, 2012
Sold by
Karuppiah Nelliyan and Karupiah Nelliyan
Bought by
Zakaria Kawsar and Nahar Kamrun

Purchase Details

Closed on
May 22, 2012
Sold by
Chase Thomas J and Chase Thomas James
Bought by
Chas-Buffalo Properties Llc

Purchase Details

Closed on
Jan 14, 2005
Sold by
Cornerstone Associates Inc
Bought by
Limey Real Estate Buffalo Inc

Purchase Details

Closed on
Apr 26, 2004
Sold by
Waring Investments Inc
Bought by
Cornerstone Associates Inc

Purchase Details

Closed on
Sep 13, 2002
Sold by
Schmidt Adolph K and Schmidt Dolores M
Bought by
Red Queen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,100
Interest Rate
6.48%
Mortgage Type
Seller Take Back
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
Tasfia Arish Tasnova Sweet Home Inc -- None Available
Faruque Omar $55,000 None Available
Faruque Omar $55,000 None Available
Faruque Omar $55,000 None Available
Zakaria Kawsar $19,000 None Available
Zakaria Kawsar $19,000 None Available
Zakaria Kawsar $19,000 None Available
Chas-Buffalo Properties Llc $30,000 None Available
Limey Real Estate Buffalo Inc $55,000 --
Limey Real Estate Buffalo Inc $55,000 --
Limey Real Estate Buffalo Inc $55,000 --
Limey Real Estate Buffalo Inc $55,000 --
Cornerstone Associates Inc $18,000 --
Red Queen Llc $29,000 --
Red Queen Llc $29,000 --
Red Queen Llc $29,000 --
Red Queen Llc $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Queen Llc $26,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2015 09/17/15 Sold $55,000 -8.3% $30 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $59,999 +215.8% $32 / Sq Ft
01/28/2013 01/28/13 Sold $19,000 -36.5% $10 / Sq Ft View Prior Sale
10/09/2012 10/09/12 Pending -- -- --
10/07/2012 10/07/12 For Sale $29,900 -- $16 / 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 $342 $61,000 $4,600 $56,400
2023 $317 $61,000 $4,600 $56,400
2022 $307 $61,000 $4,600 $56,400
2021 $307 $61,000 $4,600 $56,400
2020 $408 $61,000 $4,600 $56,400
2019 $1,454 $53,000 $6,100 $46,900
2018 $1,368 $53,000 $6,100 $46,900
Source: Public Records

Agents Affiliated with this Home

  • Pushpa Gunatilake

    Seller's Agent in 2015

    Pushpa Gunatilake

    Pioneer Star Real Estate Inc.

    (716) 907-3046

    36 in this area

    355 Total Sales

    Pushpa Gunatilake
    Section Image

  • T

    Buyer's Agent in 2015

    Tracy Taylor

    No Office Affiliation

See All Agents

Map

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

MLS Number: B470482

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-730-0002-002-000

New York Erie County Buffalo 14215 University District

481 Lisbon Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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