NOT LISTED FOR SALE

509 Hinman Ave Buffalo, NY 14216

West Hertel Neighborhood

Estimated Value: $210,000 - $244,000

6 Beds
2 Baths
1,600 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $180,000 $112 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,238/month

11 Days on Market

Highlights

  • Above Ground Pool
  • Full Attic
  • Woodwork
  • Wood Flooring
  • Fenced Yard
  • Forced Air Cooling System

About This Home

As of August 2021

MUST SEE!!! Come see this SPACIOUS, upper/lower, brick-front double in North Buffalo that is TURNKEY with incredible cash flow potential. Lower & upper units are MOVE-IN READY, to be owner-occupied or rented with many updates done. Featuring picturesque hardwood flooring and period woodwork trim w/sunroom in the lower unit & balcony off the upper. Other updates inclu hardwood flrs refinished and fresh paint 2021, architectural tear-off roof, fence, & lower kitchen backsplash & hardware in 2020, lower bath 2019, two high-efficiency furnaces 2018, upper HWT 2016, lower HWT 2014, some windows & front porch rebuilt 2014, pool 2013 with new pump (2021) and some vinyl siding. Deep driveway for off-street parking w/plenty of room, large fenced backyard that goes all the way to Blum Rd w/pear tree & above ground pool and separate utilities w/newer mechanics. This attractive 3/3 investment has FANTASTIC rental possibilities and is conveniently located close to Downtown Buffalo, suburban centers, schools, shopping & entertainment. Offers due Tuesday, 6/22/2021 at 12:00 PM.

Last Agent to Sell the Property

Joshua James

Listing by Keller Williams Realty WNY License #10301210944 Listed on: 06/10/2021

Keller Williams Realty WNY

Last Buyer's Agent

Dale Miller

Listing by Irish Jones Realty License #10401345182

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,481

Year Built

  • Built in 1900

Lot Details

  • 5,100 Sq Ft Lot
  • Lot Dimensions are 170 x 30
  • Fenced Yard
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Utilities

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

Additional Features

  • Above Ground Pool
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 9
  • Assessor Parcel Number 140200-077-430-0004-009-100

Community Details

Overview

  • 2 Units
  • Holland Land Company Community
  • Holland Land Company Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,481

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 57000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 170
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street, Right of Way
  • Lot Number: 9
  • Lot Shape: Rectangular
  • Nearest Cross Street: Clayton Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1537147.74
  • Ratio Close Price By Sq Ft: 112.50
  • Ratio List Price By Acres: 1237403.93
  • Ratio List Price By Sq Ft: 90.56
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 1020
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5100
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1600
  • Directions To Property: Take Elmwood Avenue going north and turn left onto Hinman Avenue. House will be on the right.
  • Sq Ft Total Pub: 1600
  • Subdivision Comm Complex: Holland Land Company
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Electrical Fuses - some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Vinyl-Some
  • Total Sq Ft: 1600

Exterior Features

  • Construction: Brick, Composition, Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, Pool-Above Ground
  • Number of Acres: 0.1171

Garage/Parking

  • 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
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-077-430-0004-009-100

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1481

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 19, 2021
Sold by
Schadel Jennifer E
Bought by
Andre Algerson and Andre Stephanie
Seller's Agent
Joshua James
Keller Williams Realty WNY
Buyer's Agent
Dale Miller
Irish Jones Realty
List Price
$144,900
Sold Price
$180,000
Premium/Discount to List
$35,100
24.22%
Current Estimated Value
$223,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,293
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Jan 17, 2011
Sold by
Battaglia George F and Battaglia Marcie Ann
Bought by
Schadel Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,884
Interest Rate
4.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Andre Algerson $180,000 None Available
Andre Algerson $180,000 None Available
Schadel Jennifer E $44,000 None Available
Schadel Jennifer E $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schadel Jennifer E $57,000
Previous Owner Schadel Jennifer E $42,884
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $180,000 +24.2% $113 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $144,900 -- $91 / 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 $289 $57,000 $6,000 $51,000
2023 $289 $57,000 $6,000 $51,000
2022 $287 $57,000 $6,000 $51,000
2021 $287 $57,000 $6,000 $51,000
2020 $417 $57,000 $6,000 $51,000
2019 $1,487 $54,200 $8,600 $45,600
2018 $1,399 $54,200 $8,600 $45,600
2017 $322 $54,200 $8,600 $45,600
2016 $1,319 $54,200 $8,600 $45,600
2015 -- $54,200 $8,600 $45,600
2014 -- $54,200 $8,600 $45,600
Source: Public Records

Agents Affiliated with this Home

  • Joshua James

    Seller's Agent in 2021

    Joshua James

    Keller Williams Realty WNY

    (716) 697-3280

    2 in this area

    552 Total Sales

    Joshua James
    Section Image
  • Dale Miller

    Buyer's Agent in 2021

    Dale Miller

    Irish Jones Realty

    (716) 812-5288

    1 in this area

    43 Total Sales

    Dale Miller
    Section Image
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Map

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

MLS Number: B1343568

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-077-430-0004-009-100

New York Erie County Buffalo 14216 West Hertel

509 Hinman Ave, Buffalo, NY

This home is located at 509 Hinman Ave, Buffalo, NY 14216 since 10 June 2021 and is currently estimated at $223,293, approximately $139 per square foot. This property was built in 1900. 509 Hinman Ave is a home located in Erie County with nearby schools including Charter School for Applied Technologies.

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