NOT LISTED FOR SALE

55 Mariemont Ave Buffalo, NY 14220

South Park Neighborhood

Estimated Value: $193,461 - $262,000

6 Beds
2 Baths
2,298 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $87,000 $38 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,200/month

10 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Laundry Facilities
  • Full Attic
  • Property is near bus stop
  • Rectangular Lot

About This Home

As of March 2017

Great $$$$$$$ maker. Rents are $575.00 and $550.00. 3 bedrooms in each unit. Great investment property...see also 40 Mesmer for a package deal.

Last Agent to Sell the Property

Karen Craig

Listing by Park Realty of WNY LLC License #40CR0960522 Listed on: 01/11/2017

Last Buyer's Agent

Joseph Saccone

Listing by Keller Williams Realty WNY License #40SA1032884

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 116 x 30
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • Off-Site Parking

Home Design

  • Block Foundation

Interior Spaces

  • 2,298 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 14020013355000050120000000

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1920

Lot Details

3,485 Sq Ft Lot

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 61600
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • Nearest Cross Street: McKinley
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 37.86
  • Ratio List Price By Sq Ft: 41.30
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 500
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 103
  • Year Built: 1920
  • Directions To Property: McKinley or South Park to Mariemont
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Laundry-Common
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 2298

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Off Premises

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 14020013355000050120000000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Leased, Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1500

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
4055 Sobo Llc
Bought by
Cfl Holdings I Llc
Current Estimated Value
$225,115

Purchase Details

Listed on
Jan 11, 2017
Closed on
Feb 15, 2017
Sold by
Bryant Todd H
Bought by
4055 Sobo Llc
Seller's Agent
Karen Craig
Park Realty of WNY LLC
Buyer's Agent
Joseph Saccone
Keller Williams Realty WNY
List Price
$94,900
Sold Price
$87,000
Premium/Discount to List
-$7,900
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Pinnacle Property Solutions Of Western N and Cornerstone Invesetment
Bought by
Bryant Todd H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,650
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2009
Sold by
Guard Richard L
Bought by
Cornerstone Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2002
Sold by
Omalley Brian D
Bought by
Saar Harold R and Saar Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,704
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cfl Holdings I Llc -- None Available
Cfl Holdings I Llc -- None Available
Cfl Holdings I Llc -- None Available
4055 Sobo Llc $87,000 None Available
4055 Sobo Llc $87,000 None Available
4055 Sobo Llc $87,000 None Available
Bryant Todd H $60,900 None Available
Bryant Todd H $60,900 None Available
Bryant Todd H $60,900 None Available
Cornerstone Investment Group Llc $26,000 None Available
Cornerstone Investment Group Llc $26,000 None Available
Saar Harold R $63,200 --
Saar Harold R $63,200 --
Saar Harold R $63,200 --
Saar Harold R $63,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryant Todd H $45,650
Previous Owner Cornerstone Investment Group Llc $22,500
Previous Owner Saar Harold R $62,704
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2017 03/09/17 Sold $87,000 -8.3% $38 / Sq Ft
01/21/2017 01/21/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $94,900 -- $41 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $527 $94,000 $8,600 $85,400
2023 $476 $94,000 $8,600 $85,400
2022 $473 $94,000 $8,600 $85,400
2021 $473 $94,000 $8,600 $85,400
2020 $416 $94,000 $8,600 $85,400
2019 $1,482 $54,000 $5,000 $49,000
2018 $1,394 $54,000 $5,000 $49,000
2017 $321 $54,000 $5,000 $49,000
2016 $1,314 $54,000 $5,000 $49,000
2015 -- $54,000 $5,000 $49,000
2014 -- $54,000 $5,000 $49,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Karen Craig

    Park Realty of WNY LLC

    (716) 909-7795

    17 Total Sales

    Karen Craig
    Section Image
  • Joseph Saccone

    Buyer's Agent in 2017

    Joseph Saccone

    Keller Williams Realty WNY

    (716) 303-7900

    2 in this area

    198 Total Sales

    Joseph Saccone
    Section Image
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Map

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

MLS Number: B1020743

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-133-550-0005-012-000

New York Erie County Buffalo 14220 South Park

55 Mariemont Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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