NOT LISTED FOR SALE

559 Lisbon Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $155,127 - $214,000

5 Beds
2 Baths
1,340 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $210,000 $157 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,052/month

5 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Rectangular Lot
  • Full Attic
  • Property is near a bus stop
  • Partially Fenced Property

About This Home

As of September 2023

Originally a double, this home has been converted to a single, but will easily convert back.
Currently 5 bedrooms, 2 full bathrooms, windows and roof are 4 years young.
2 Hot Water Tanks, 1 furnace, circuit breakers.
Come take a look!
Any and all offers will be reviewed Monday, May 15th at noon.

Last Agent to Sell the Property

Karen Craig

Listing by Park Realty of WNY LLC License #40CR0960522 Listed on: 05/10/2023

Last Buyer's Agent

Zyris McCormick

Listing by Mootry Murphy & Burgin Realty Group LLC License #10401313084

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1925

Lot Details

  • 3,240 Sq Ft Lot
  • Lot Dimensions are 108 x 30
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • 1.3-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 140200-079-740-0008-012-000

Community Details

Overview

  • 2 Units
  • Drexel Add Community
  • Drexel Add Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$947

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 51000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 12
  • Lot Shape: Rectangular
  • Nearest Cross Street: Orleans
  • Number of Stories: 1.3000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2822580.65
  • Ratio Close Price By Sq Ft: 156.72
  • Ratio List Price By Acres: 2486559.14
  • Ratio List Price By Sq Ft: 138.06
  • Regional Board Code: Buffalo
  • Roof Description: Shingles
  • School Tax: 341
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3240
  • Age of Building: 98
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1340
  • Directions To Property: Bailey to Lisbon
  • Sq Ft Total Pub: 1340
  • Subdivision Comm Complex: Drexel Add
  • Attribution Contact: foreverbflo@aol.com
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Total Sq Ft: 1340

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.0744

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-079-740-0008-012-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 947

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Aug 31, 2023
Sold by
Shaw Devona L
Bought by
Mcculley Lacy
Seller's Agent
Karen Craig
Park Realty of WNY LLC
Buyer's Agent
Zyris McCormick
Mootry Murphy & Burgin Realty Group LLC
List Price
$185,000
Sold Price
$210,000
Premium/Discount to List
$25,000
13.51%
Views
37
Current Estimated Value
$189,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,968
Avg. Annual Appreciation
-5.81%
Original Mortgage
$203,700
Outstanding Balance
$200,330
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$13,573

Purchase Details

Closed on
Nov 8, 2004
Sold by
Modica Thomas G
Bought by
Shaw Devona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450
Interest Rate
5.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 15, 1996
Sold by
Hutzler Francis X
Bought by
Modica Thomas G
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
Mcculley Lacy $210,000 Stewart Title Insurance Co
Mcculley Lacy $210,000 None Available
Mcculley Lacy $210,000 Stewart Title Insurance Co
Shaw Devona L $48,900 --
Shaw Devona L $48,900 --
Modica Thomas G $45,500 --
Modica Thomas G $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcculley Lacy $203,700
Closed Mcculley Lacy $203,700
Previous Owner Shaw Devonna L $3,450
Previous Owner Shaw Devona L $49,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $210,000 +13.5% $157 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $185,000 -- $138 / 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 $258 $51,000 $4,200 $46,800
2023 $258 $51,000 $4,200 $46,800
2022 $256 $51,000 $4,200 $46,800
2021 $256 $51,000 $4,200 $46,800
2020 $369 $51,000 $4,200 $46,800
2019 $1,317 $48,000 $5,700 $42,300
2018 $1,239 $48,000 $5,700 $42,300
2017 $286 $48,000 $5,700 $42,300
2016 $852 $48,000 $5,700 $42,300
2015 -- $48,000 $5,700 $42,300
2014 -- $48,000 $5,700 $42,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Karen Craig

    Park Realty of WNY LLC

    (716) 909-7795

    1 in this area

    18 Total Sales

    Karen Craig
    Section Image
  • Zyris McCormick

    Buyer's Agent in 2023

    Zyris McCormick

    Mootry Murphy & Burgin Realty Group LLC

    (716) 308-4259

    3 in this area

    55 Total Sales

    Zyris McCormick
    Section Image
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Map

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

MLS Number: B1470269

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-740-0008-012-000

New York Erie County Buffalo 14215 University District

559 Lisbon Ave, Buffalo, NY

This home is located at 559 Lisbon Ave, Buffalo, NY 14215 since 10 May 2023 and is currently estimated at $189,032, approximately $141 per square foot. This property was built in 1925. 559 Lisbon Ave is a home located in Erie County with nearby schools including Westminster Community Charter School, Charter School Of Inquiry, and St. Joseph University School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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