NOT LISTED FOR SALE

503 Woodlawn Ave Buffalo, NY 14208

Masten Park Neighborhood

Estimated Value: $136,634 - $153,000

6 Beds
2 Baths
2,142 Sq Ft
$67/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $105,000 $49 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $788/month

28 Days on Market

Highlights

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

About This Home

As of March 2021

Investors this package is for you!! Three large doubles, fully occupied with long term tenants! Well maintained, formal dinning room with old wood work throughout. Turn key properties with separate utilities, low expenses. Seller will entertain offers individually but will give incentive to purchaser buying all in one deal. See ML #B1312225 and B1312215 for package.

Last Agent to Sell the Property

Michael Algawani

Listing by Queen City Realty Group LLC License #10491200612 Listed on: 12/17/2020

Last Buyer's Agent

Michael Algawani

Listing by Queen City Realty Group LLC License #10491200612 Listed on: 12/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $621

Year Built

  • Built in 1910

Lot Details

  • 3,150 Sq Ft Lot
  • Lot Dimensions are 105 x 30

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

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 16
  • Assessor Parcel Number 140200-100-430-0001-016-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$621

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 26800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 105
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 16
  • Nearest Cross Street: Humboldt Pkwy
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1452282.16
  • Ratio Close Price By Sq Ft: 49.02
  • Ratio List Price By Acres: 1589211.62
  • Ratio List Price By Sq Ft: 53.64
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt
  • School Tax: 209
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3150
  • Age of Building: 112
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2142
  • Directions To Property: Humboldt Pkwy to Woodlawn Ave
  • Sq Ft Total Pub: 2142
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2142

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0723

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Blacktop

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

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-100-430-0001-016-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 621

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Mar 19, 2021
Sold by
Myles Walter
Bought by
Rim Fortune Llc
Seller's Agent
Michael Algawani
Queen City Realty Group LLC
Buyer's Agent
Michael Algawani
Queen City Realty Group LLC
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%
Current Estimated Value
$144,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,409
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Richter Michael C and Richter Kelly J
Bought by
Deas Walter P and Deas April
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
Rim Fortune Llc $105,000 None Available
Deas Walter P $40,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myles Walter $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $105,000 0.0% $49 / Sq Ft
01/17/2021 01/17/21 Off Market $105,000 -- --
01/14/2021 01/14/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $114,900 -- $54 / 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 $213 $42,000 $2,000 $40,000
2023 $213 $42,000 $2,000 $40,000
2022 $211 $42,000 $2,000 $40,000
2021 $211 $42,000 $2,000 $40,000
2020 $206 $42,000 $2,000 $40,000
2019 $735 $26,800 $1,800 $25,000
2018 $692 $26,800 $1,800 $25,000
2017 $159 $26,800 $1,800 $25,000
2016 $652 $26,800 $1,800 $25,000
2015 -- $26,800 $1,800 $25,000
2014 -- $26,800 $1,800 $25,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Algawani

    Seller's Agent in 2021

    Michael Algawani

    Queen City Realty Group LLC

    (716) 923-7407

    3 in this area

    52 Total Sales

    Michael Algawani
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Map

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

MLS Number: B1312222

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-100-430-0001-016-000

New York Erie County Buffalo 14208 Masten Park

503 Woodlawn Ave, Buffalo, NY

This home is located at 503 Woodlawn Ave, Buffalo, NY 14208 since 17 December 2020 and is currently estimated at $144,409, approximately $67 per square foot. This property was built in 1910. 503 Woodlawn Ave is a home located in Erie County.

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