NOT LISTED FOR SALE

56 Modern Ave Buffalo, NY 14218

Estimated Value: $127,000 - $201,000

3 Beds
1 Bath
1,416 Sq Ft
$119/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $30,000 $21 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $1,020/month

88 Days on Market

Highlights

  • Cape Cod Architecture
  • Fenced Yard
  • Living Room
  • Deck
  • Forced Air Cooling System
  • Wall to Wall Carpet

About This Home

As of January 2017

3 Bedroom, 1 bathroom home located in Lackawanna. All rooms in the home need some repair, exterior and roof also need repair. Most windows on property are old. The property is a double lot with a two car garage, fenced yard and many gardens. This home would be good for a handyman or investor.

Last Agent to Sell the Property

Ken Gehris

Listing by No Office Affiliation License #49GE1179066 Listed on: 10/17/2016

Last Buyer's Agent

William Smith

Listing by No Office Affiliation License #40SM1134488

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 7,020 Sq Ft Lot
  • Lot Dimensions are 117 x 60
  • Fenced Yard

Parking

  • No Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 140900-142-700-0003-048-100

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 57000
  • Listing Type: Exclusive Agency
  • Lot Dimension Depth: 117
  • Lot Dimension Front: 60
  • Lot Information: Primary Road
  • Nearest Cross Street: South Park Ave
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 186104.22
  • Ratio Close Price By Sq Ft: 21.19
  • Ratio List Price By Acres: 204094.29
  • Ratio List Price By Sq Ft: 23.23
  • Regional Board Code: Buffalo
  • School Tax: 1725
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 7020
  • Age of Building: 105
  • Year Built: 1917
  • Directions To Property: From Lake Avenue north on South Park Ave. to West on Modern.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1917

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Living Room
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1416

Exterior Features

  • Additional Exterior Features: Deck, Fully Fenced Yard
  • Number of Acres: 0.1612

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Water Heater Fuel: Gas

Schools

  • School District: Lackawanna

Lot Info

  • Parcel Number: 140900-142-700-0003-048-100

Tax Info

  • Total Taxes: 2251

MLS Schools

  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Jan 10, 2017
Sold by
Castle 2016 Llc
Bought by
Chowdhury Suleman
Seller's Agent
Ken Gehris
No Office Affiliation
Buyer's Agent
William Smith
No Office Affiliation
List Price
$37,900
Sold Price
$30,000
Premium/Discount to List
-$7,900
-20.84%
Current Estimated Value
$153,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,305

Purchase Details

Closed on
Aug 26, 2016
Sold by
Wells Fargo Bank Na
Bought by
Castle 2016 Llc

Purchase Details

Closed on
May 19, 2014
Sold by
Mortimer Bruce A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 1, 2008
Sold by
Mortimer Bruce A
Bought by
Real Estate Solutions Llc and Mortimer Family Land Trust

Purchase Details

Closed on
Aug 29, 1997
Sold by
Sojda William and Sojda Daniel
Bought by
Mortimer Bruce A and Mortimer Therese M
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
Chowdhury Suleman $30,000 None Available
Castle 2016 Llc $20,200 None Available
Wells Fargo Bank Na $20,160 None Available
Real Estate Solutions Llc -- None Available
Mortimer Bruce A $57,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $30,000 -8.8% $21 / Sq Ft
11/17/2016 11/17/16 Price Changed $32,900 -13.2% $23 / Sq Ft
10/17/2016 10/17/16 For Sale $37,900 -- $27 / 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 -- $77,000 $9,900 $67,100
2023 $2,159 $77,000 $9,900 $67,100
2022 $2,218 $77,000 $9,900 $67,100
2021 $2,234 $77,000 $9,900 $67,100
2020 $1,306 $77,000 $9,900 $67,100
2019 $2,859 $57,000 $3,600 $53,400
2018 $1,680 $57,000 $3,600 $53,400
2017 $901 $57,000 $3,600 $53,400
2016 $1,377 $57,000 $3,600 $53,400
2015 -- $57,000 $3,600 $53,400
2014 -- $57,000 $3,600 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1008409

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-700-0003-048-100