NOT LISTED FOR SALE

488 Winspear Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $127,000 - $204,000

3 Beds
2 Baths
1,701 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $64,000 $38 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $985/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Partial Attic
  • Formal Dining Room
  • Wood Flooring
  • Heated Sun or Florida Room
  • Fenced Yard

About This Home

As of February 2020

Terrific opportunity for owner occupant or investor. Tenant presently pays rent of $1010/mo. Great location, close to bus line, minutes to UB south and VA Hospital. Roof 1 years old. You are welcome by a covered entry. Main bath is on 1st floor , along with well-size living/dining rooms, sun room, kitchen, and 2 bedrooms. Up stairs there is another bed an unheated attic space. There is an second full bath in basement. Get ready roll up sleeves to make this house you own. It needs your tender loving care. Make your appt/This one wont last long.

Last Agent to Sell the Property

Hua Yang

Listing by Keller Williams Realty WNY License #10401323265 Listed on: 11/11/2019

Keller Williams Realty WNY

Last Buyer's Agent

Mohammad Rahman

Listing by Keller Williams Realty WNY License #10401292662

Keller Williams Realty WNY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1930

Lot Details

  • 4,864 Sq Ft Lot
  • Lot Dimensions are 152 x 32
  • Fenced Yard
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Old Style Architecture
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,701 Sq Ft Home
  • 1.5-Story Property
  • Electric Fireplace
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Partial Attic
  • Laundry on main level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

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

Additional Features

  • Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 140200-079-660-0001-004-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 55300
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 152
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 4
  • Lot Shape: Rectangular
  • Nearest Cross Street: Bailey, Eggert
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 572963.29
  • Ratio Close Price By Sq Ft: 37.62
  • Ratio List Price By Acres: 603393.02
  • Ratio List Price By Sq Ft: 39.62
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 485
  • Styles of Residence: Colonial, Old Style, Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4864
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: On Winspear between Bailey and Eggert.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Florida/Sun Room- Heated, Laundry-1st Floor, Laundry-Basement, Porch - Open
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wood-Some
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 1
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1701

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Fully Fenced Yard
  • Number of Acres: 0.1117

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-079-660-0001-004-000

Tax Info

  • Total Taxes: 1526

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Jan 6, 2020
Sold by
Lao Lou Lou
Bought by
Buffalo Sunrise Dream Usa Inc
Seller's Agent
Hua Yang
Keller Williams Realty WNY
Buyer's Agent
Mohammad Rahman
Keller Williams Realty WNY
List Price
$74,899
Sold Price
$64,000
Premium/Discount to List
-$10,899
-14.55%
Current Estimated Value
$181,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,390
Avg. Annual Appreciation
20.09%

Purchase Details

Closed on
Aug 5, 2011
Sold by
Treynolds Terrece P
Bought by
Lao Lou Lou

Purchase Details

Closed on
Jul 23, 2010
Sold by
Reynolds Philomena
Bought by
Reynolds Terrence P
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
Buffalo Sunrise Dream Usa Inc $64,000 None Available
Lao Lou Lou -- None Available
Reynolds Terrence P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2020 02/19/20 Sold $64,000 -5.0% $38 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
12/18/2019 12/18/19 Price Changed $67,399 -3.6% $40 / Sq Ft
11/24/2019 11/24/19 Price Changed $69,899 -6.7% $41 / Sq Ft
11/11/2019 11/11/19 For Sale $74,899 -- $44 / 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 $432 $77,000 $5,000 $72,000
2023 $390 $77,000 $5,000 $72,000
2022 $387 $77,000 $5,000 $72,000
2021 $387 $77,000 $5,000 $72,000
2020 $426 $77,000 $5,000 $72,000
2019 $1,517 $55,300 $6,900 $48,400
2018 $1,428 $55,300 $6,900 $48,400
2017 $329 $55,300 $6,900 $48,400
2016 $1,346 $55,300 $6,900 $48,400
2015 -- $55,300 $6,900 $48,400
2014 -- $55,300 $6,900 $48,400
Source: Public Records

Agents Affiliated with this Home

  • Hua Yang

    Seller's Agent in 2020

    Hua Yang

    Keller Williams Realty WNY

    (716) 839-1189

    5 in this area

    91 Total Sales

    Hua Yang
    Section Image
  • Mohammad Rahman

    Buyer's Agent in 2020

    Mohammad Rahman

    Keller Williams Realty WNY

    (585) 689-1726

    22 in this area

    103 Total Sales

    Mohammad Rahman
    Section Image
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Map

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

MLS Number: B1236351

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-660-0001-004-000

New York Erie County Buffalo 14215 University District

488 Winspear Ave, Buffalo, NY

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