NOT LISTED FOR SALE

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

4 Beds
2 Baths
2,092 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $220,000 $105 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,263/month

11 Days on Market

Highlights

  • Deck
  • Patio
  • 1 Car Garage
  • Wood Flooring
  • Forced Air Heating System
  • Property is Fully Fenced

About This Home

As of July 2024

Welcome to 55 Albert Ave. This Spacious 2-family home in Riverside is for sale! 2/2 double offers impressive possibilities. The property has two porches - one in the front and one in the back. Updates include new concrete, electrical, and basement. Fresh paint and carpets throughout. This could be a fantastic owner-occupied rental property or investment property. Hosting OPEN HOUSES SAT-SUN (27-28) 1-3.pm. Showings begin on Thursday, April 18th at 1PM and negotiations begin on Monday, April 29th at 5PM.

Last Agent to Sell the Property

Walaa Kadhum

Listing by 716 Realty Group WNY LLC Brokerage Phone: 716-495-5961 License #10401363055 Listed on: 04/18/2024

716 Realty Group WNY LLC

Last Buyer's Agent

Raqib Mahmud

Listing by HUNT Real Estate Corporation License #10301223557

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1920

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Property is Fully Fenced

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Wood Siding
  • Stone

Interior Spaces

  • 2,092 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 15
  • Assessor Parcel Number 140200-077-570-0004-015-000

Community Details

Overview

  • 2 Units
  • Jones Tract Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,771

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities
  • Year Built: 1920
  • Attribution Contact: 716-495-5961
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Jones Tract
  • Directions: Ontario St, Buffalo, NY 14207 ·
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Full
  • Acres: 0.0689
  • Waterfront: No
  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Deck, Fully Fenced, Patio
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, One Space

Utilities

  • Heating: Gas, Stove, Forced Air, Natural Gas
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-077-570-0004-015-000
  • Lot Dimensions: 30X100
  • Lot Size Sq Ft: 3000.0
  • 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: 1771.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jul 26, 2024
Sold by
Kadhum Walaa
Bought by
Mahmood Sanjida
Seller's Agent
Walaa Kadhum
716 Realty Group WNY LLC
Buyer's Agent
Raqib Mahmud
HUNT Real Estate Corporation
List Price
$185,000
Sold Price
$220,000
Premium/Discount to List
$35,000
18.92%
Views
146
Current Estimated Value
$225,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,676
Avg. Annual Appreciation
3.56%
Original Mortgage
$176,000
Outstanding Balance
$174,811
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$53,250

Purchase Details

Listed on
May 1, 2023
Closed on
Jul 31, 2023
Sold by
Arakelian David E
Bought by
Kadhum Walaa
Seller's Agent
Jack Bargnesi
No Office Affiliation
Buyer's Agent
Walaa Kadhum
716 Realty Group WNY LLC
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%
Views
300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.57%

Purchase Details

Closed on
Dec 3, 2015
Sold by
Michael Kathleen M
Bought by
Arakelian David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Mahmood Sanjida $220,000 Title Resources Guaranty Co
Mahmood Sanjida $220,000 Title Resources Guaranty Co
Mahmood Sanjida $220,000 Title Resources Guaranty Co
Kadhum Walaa $100,000 None Available
Kadhum Walaa $100,000 None Available
Kadhum Walaa $100,000 None Available
Arakelian David E $30,000 None Available
Arakelian David E $30,000 None Available
Arakelian David E $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmood Sanjida $176,000
Closed Mahmood Sanjida $176,000
Previous Owner Arakelian David E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $220,000 +18.9% $105 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $185,000 +85.0% $88 / Sq Ft
08/07/2023 08/07/23 Sold $100,000 -23.1% $48 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $130,000 -- $62 / 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 $400 $79,000 $3,800 $75,200
2023 $400 $79,000 $3,800 $75,200
2022 $397 $79,000 $3,800 $75,200
2021 $397 $79,000 $3,800 $75,200
2020 $354 $79,000 $3,800 $75,200
2019 $1,262 $46,000 $3,700 $42,300
2018 $1,188 $46,000 $3,700 $42,300
2017 $274 $46,000 $3,700 $42,300
2016 $1,120 $46,000 $3,700 $42,300
2015 -- $46,000 $3,700 $42,300
2014 -- $46,000 $3,700 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1531158

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-077-570-0004-015-000