NOT LISTED FOR SALE

585 Lisbon Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $173,000 - $208,000

4 Beds
2 Baths
1,775 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2022

Last sale price $140,000 $79 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,025 / mo

91 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Property is near public transit
  • Balcony
  • 2 Car Garage

About This Home

As of December 2022

Great Investment Opportunity!!! Two Family home- 3 Bedrooms on second floor, 2 Bedrooms, possibly 3rd on first floor. Earn extra income renting out the 2 car detached garage, will not interfer with tenants space. Located in the University District- Not far from UB South Campus-Could make a great home for Students. Separate Laundry hook up for both units, Newer Furnace. Upper unit has balcony, new carpet and is Vacant; can be shown anytime. Lower unit has covered deck, enclosed sunporch and the tenant who would love to stay. Showings for 1st floor can be arranged; Please give 24hr notice. This property is being sold AS-IS; Owner will not do any repairs as a result of Appraisal and Inspection. All utilities are included in the rent.Offers are viewed as they come in.
1st floor is available for Showing on Saturday July 16th from 4-7pm and Sunday’s Open House.

Last Agent to Sell the Property

Rita Allen

Listing by WNY Metro Roberts Realty License #10401316531 Listed on: 07/11/2022

Last Buyer's Agent

Rita Allen

Listing by WNY Metro Roberts Realty License #10401316531 Listed on: 07/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $775

Year Built

  • Built in 1920

Lot Details

  • 3,317 Sq Ft Lot
  • Lot Dimensions are 31x107
  • Property is Fully Fenced

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding
  • Cedar

Interior Spaces

  • 1,775 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit

Utilities

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

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes electricity, heat
  • Tax Lot 1
  • Assessor Parcel Number 140200-079-740-0003-001-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$775

Year Built

Built in 1920

Lot Details

3,317 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Heat
  • Year Built: 1920
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: GPS
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 1

Exterior Features

  • Fencing: Full
  • Acres: 0.0761
  • Waterfront: No
  • Construction Type: Aluminum Siding, Cedar, Steel Siding, Vinyl Siding
  • Exterior Features: Balcony, Deck, Fully Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Concrete, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-079-740-0003-001-000
  • Lot Dimensions: 31X107
  • Lot Size Sq Ft: 3317.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 775.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Dec 14, 2022
Sold by
Hussain Mahmud
Bought by
Taz Construction & Home Improvement Inc
Seller's Agent
Rita Allen
WNY Metro Roberts Realty
Buyer's Agent
Rita Allen
WNY Metro Roberts Realty
List Price
$159,999
Sold Price
$140,000
Premium/Discount to List
-$19,999
-12.5%
Views
40
Current Estimated Value
$188,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,525
Avg. Annual Appreciation
9.35%

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 10, 2019
Sold by
Schuster Thomas P and Schuster Christine M
Bought by
Hussain Mahmud
Seller's Agent
Anna Galati
Buffalo Home Realty
Buyer's Agent
Anna Galati
Buffalo Home Realty
List Price
$99,900
Sold Price
$105,000
Premium/Discount to List
$5,100
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taz Construction & Home Improvement Inc $140,000 None Available
Hussain Mahmud $105,000 Stewart Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2022 12/22/22 Sold $140,000 -3.4% $79 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $145,000 -9.4% $82 / Sq Ft
07/11/2022 07/11/22 For Sale $159,999 +52.4% $90 / Sq Ft
02/11/2019 02/11/19 Sold $105,000 +5.1% $59 / Sq Ft View Prior Sale
12/04/2018 12/04/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $99,900 -- $56 / 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
2025 $291 $148,000 $7,000 $141,000
2024 $291 $52,000 $4,400 $47,600
2023 $263 $52,000 $4,400 $47,600
2022 $261 $52,000 $4,400 $47,600
2021 $261 $52,000 $4,400 $47,600
2020 $354 $52,000 $4,400 $47,600
2019 $1,262 $46,000 $5,700 $40,300
2018 $1,188 $46,000 $5,700 $40,300
2017 $274 $46,000 $5,700 $40,300
2016 $1,120 $46,000 $5,700 $40,300
2015 -- $46,000 $5,700 $40,300
2014 -- $46,000 $5,700 $40,300
Source: Public Records

Agents Affiliated with this Home

  • Rita Allen

    Seller's Agent in 2022

    Rita Allen

    WNY Metro Roberts Realty

    (716) 472-8731

    2 in this area

    28 Total Sales

    Rita Allen
    Section Image
  • Anna Galati

    Seller's Agent in 2019

    Anna Galati

    Buffalo Home Realty

    (585) 472-3409

    1 in this area

    141 Total Sales

    Anna Galati
    Section Image
  • Shannon McNichol

    Seller Co-Listing Agent in 2019

    Shannon McNichol

    Nichol City Realty

    (716) 480-8117

    54 Total Sales

    Shannon McNichol
    Section Image
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Map

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

MLS Number: B1419636

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-740-0003-001-000

New York Erie County Buffalo 14215 University District

585 Lisbon Ave, Buffalo, NY

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