NOT LISTED FOR SALE

487 Highgate Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $181,000 - $262,000

4 Beds
2 Baths
1,838 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $92,500 $50 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,149/month

6 Days on Market

Highlights

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

About This Home

As of February 2019

Wonderful 2/2 double with off street parking close to UB bringing in $1500/month in rental income. Both units feature large living rooms with decorative fireplaces, leaded built-in cabinets, formal dining rooms, period style kitchens with appliances, 2 good sized bedrooms & full baths. Upper unit has nice private porch off living room & lower has a sunroom off living room. Full basement with updated forced air furnaces, laundry & circuit breakers. Don't miss out on all this double has to offer!

Last Agent to Sell the Property

William Abels

Listing by HUNT Real Estate Corporation License #10301219347 Listed on: 12/06/2018

HUNT Real Estate Corporation

Last Buyer's Agent

William Abels

Listing by HUNT Real Estate Corporation License #10301219347 Listed on: 12/06/2018

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,050

Year Built

  • Built in 1925

Lot Details

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

Parking

  • Driveway

Home Design

  • Block Foundation

Interior Spaces

  • 1,838 Sq Ft Home
  • 1.7-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

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 10
  • Assessor Parcel Number 140200-079-650-0003-010-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,050

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 45000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: Bailey
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1144801.98
  • Ratio Close Price By Sq Ft: 50.33
  • Ratio List Price By Acres: 1051980.20
  • Ratio List Price By Sq Ft: 46.25
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 410
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3520
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: Bailey to Highgate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Wood-Some
  • Number of Fireplaces Not Repto Code: 2
  • Total Sq Ft: 1838

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0808

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 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: 140200-079-650-0003-010-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1050

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Apr 8, 2019
Sold by
Islam Atiqul
Bought by
Intervivos Islam Atiqul and Intervivos 487 Highgate Avenue
Seller's Agent
William Abels
HUNT Real Estate Corporation
Buyer's Agent
William Abels
HUNT Real Estate Corporation
List Price
$85,000
Sold Price
$92,500
Premium/Discount to List
$7,500
8.82%
Current Estimated Value
$213,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,606
Avg. Annual Appreciation
13.33%
Original Mortgage
$69,375
Outstanding Balance
$60,869
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$152,237

Purchase Details

Listed on
Dec 6, 2018
Closed on
Feb 22, 2019
Sold by
Lulix Llc
Bought by
Islam Atiqul
Seller's Agent
William Abels
HUNT Real Estate Corporation
Buyer's Agent
William Abels
HUNT Real Estate Corporation
List Price
$85,000
Sold Price
$92,500
Premium/Discount to List
$7,500
8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,375
Outstanding Balance
$60,869
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$152,237

Purchase Details

Listed on
Feb 4, 2014
Closed on
Apr 16, 2014
Sold by
Hughes Keith and Hughes Julie
Bought by
Lulix Llc
Seller's Agent
Julie Hughes
WNY Metro Roberts Realty
Buyer's Agent
William Abels
HUNT Real Estate Corporation
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-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
11.31%

Purchase Details

Closed on
Jul 22, 2008
Sold by
U S Bank Na
Bought by
Hughes Julie and Hughes Keith
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
Intervivos Islam Atiqul -- None Available
Islam Atiqul $92,500 None Available
Lulix Llc $55,000 None Available
Hughes Julie $34,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Atiqul $69,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2019 02/26/19 Sold $92,500 +8.8% $50 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $85,000 +54.5% $46 / Sq Ft
04/24/2014 04/24/14 Sold $55,000 -8.3% $30 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $60,000 -- $33 / 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 $346 $71,000 $4,500 $66,500
2019 $1,235 $45,000 $6,000 $39,000
2018 $1,162 $45,000 $6,000 $39,000
2017 $268 $45,000 $6,000 $39,000
2016 $1,095 $45,000 $6,000 $39,000
2015 -- $45,000 $6,000 $39,000
2014 -- $45,000 $6,000 $39,000
Source: Public Records

Agents Affiliated with this Home

  • William Abels

    Seller's Agent in 2019

    William Abels

    Hunt Real Estate

    (716) 465-3160

    3 in this area

    189 Total Sales

    William Abels
    Section Image

  • J

    Seller's Agent in 2014

    Julie Hughes

    WNY Metro Roberts Realty

    (716) 316-0580

    4 Total Sales

    Julie Hughes
    Section Image
See All Agents

Map

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

MLS Number: B1163340

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-650-0003-010-000

New York Erie County Buffalo 14215 University District

487 Highgate Ave, Buffalo, NY

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