$210,000
SOLD JAN 15, 2025
4 Beds
2 Baths
1,844 Sq Ft
3,520 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

24% Above List Price

8 Days on Market

Highlights

  • Property is near public transit
  • Programmable Thermostat
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System
  • 2 Car Garage

About This Home

As of January 2025

Welcome to 481 Winspear! This turnkey 2bd/2bd Kensington Duplex is the perfect addition to any investor's portfolio. The spacious lower unit is outfitted with gorgeous original woodwork throughout, a front bonus room, 2 bedrooms, formal dining room, and an immaculately maintained kitchen. Upstairs you will find another 2bd unit with vinyl replacement windows throughout and a large eat-in kitchen that flows into the living room. Additional features include: Fresh paint throughout, roof & gutters 20', LWR furnace 18', LWR water tank 12', 2 100AMP electric panels, separate laundry hookups, & separate utility meters. Showings begin 10/1. Offers due 10/7 @ 11am.

Last Agent to Sell the Property

Nicholas Lunetta

Listing by MJ Peterson Real Estate Inc. Brokerage Phone: 716-861-7171 License #10401366040 Listed on: 10/01/2024

Co-Listed By

Michael Olear

Listing by MJ Peterson Real Estate Inc. Brokerage Phone: 716-861-7171 License #30OL0682979

Last Buyer's Agent

Muhammad Ahsan

Listing by Howard Hanna WNY Inc. License #10401369351

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1932

Lot Details

  • 3,520 Sq Ft Lot
  • Lot Dimensions are 32x110
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes gardener, snow removal, trash collection, water
  • Tax Lot 2
  • Assessor Parcel Number 140200-079-660-0005-002-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,023

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal, Trash Collection, Water
  • Year Built: 1932
  • Attribution Contact: 716-861-7171
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular
  • Co List Office Mls Id: MJPR01
  • Co List Office Phone: 716-689-7800
  • Directions: Bailey to Winspear
  • Architectural Style: Duplex
  • Flooring: Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Bedroom on Main Level, Programmable Thermostat
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 0.0808
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Paved, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-079-660-0005-002-000
  • Lot Dimensions: 32X110
  • Lot Size Sq Ft: 3520.0
  • ResoLotSizeUnits: Acres
  • 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: 1023.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Jan 3, 2025
Sold by
Cummings John L
Bought by
Miah Md Sayfal
Seller's Agent
Nicholas Lunetta
MJ Peterson Real Estate Inc.
Buyer's Agent
Muhammad Ahsan
Howard Hanna WNY Inc.
List Price
$169,900
Sold Price
$210,000
Premium/Discount to List
$40,100
23.6%
Views
46
Current Estimated Value
$212,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,555
Avg. Annual Appreciation
-4.74%
Original Mortgage
$206,196
Outstanding Balance
$205,657
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
-$1,386
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 Type Sale Price Title Company
Warranty Deed $210,000 None Available
Warranty Deed $210,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,196 FHA
Closed $206,196 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $210,000 +23.6% $114 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $169,900 -- $92 / 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 $319 $63,000 $4,500 $58,500
2023 $319 $63,000 $4,500 $58,500
2022 $317 $63,000 $4,500 $58,500
2021 $317 $63,000 $4,500 $58,500
2020 $376 $63,000 $4,500 $58,500
2019 $1,339 $48,800 $6,000 $42,800
2018 $1,260 $48,800 $6,000 $42,800
2017 $290 $48,800 $6,000 $42,800
2016 $1,188 $48,800 $6,000 $42,800
2015 -- $48,800 $6,000 $42,800
2014 -- $48,800 $6,000 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1568965

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-660-0005-002-000