NOT LISTED FOR SALE

589 Winspear Ave Buffalo, NY 14215

University District Neighborhood

Estimated Value: $233,000 - $272,000

4 Beds
2 Baths
1,982 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $130,000 $66 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,325/month

3 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Cooling System
  • Fenced Yard
  • Woodwork
  • Storage

About This Home

As of August 2018

Great opportunity near UB! 2/2 double with separate utilities, new roof 2016, newer furnaces, new water tank 2017, lower unit new bathroom 2016. Lower unit also separate entrance, large living room with built-ins and 9x7 bonus room. Upper unit features large front balcony. Fully fenced yard.

Last Agent to Sell the Property

Ryan McCarthy

Listing by No Office Affiliation License #10301210542 Listed on: 07/22/2018

Last Buyer's Agent

Michael Covelli

Listing by Maywalt Realty Group License #40CO0895990

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1930

Lot Details

  • 3,520 Sq Ft Lot
  • Lot Dimensions are 110 x 32
  • Fenced Yard

Parking

  • Shared Driveway

Interior Spaces

  • 1,982 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Storage
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Balcony

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
  • Tax Lot 5
  • Assessor Parcel Number 140200-079-660-0002-005-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,524

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 56000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 32
  • Lot Information: Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: Eggert Rd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1608910.89
  • Ratio Close Price By Sq Ft: 65.59
  • Ratio List Price By Acres: 1360148.51
  • Ratio List Price By Sq Ft: 55.45
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3520
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Eggert to Winspear, south on Winspear.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some, Storage
  • Attic Description: Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: In All Apartments
  • Total Sq Ft: 1982

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Balcony, Cable TV Available, Fully Fenced Yard
  • Number of Acres: 0.0808

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Common, Concrete, Parking Area

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: 140200-079-660-0002-005-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1524

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2019
Sold by
Uddin Mi Mayen
Bought by
Al Kazim Llc
Current Estimated Value
$246,795

Purchase Details

Listed on
Jul 22, 2018
Closed on
Aug 6, 2018
Sold by
Mccarthy Ryan P
Bought by
Akter Nazma
Seller's Agent
Ryan McCarthy
No Office Affiliation
Buyer's Agent
Michael Covelli
Maywalt Realty Group
List Price
$109,900
Sold Price
$130,000
Premium/Discount to List
$20,100
18.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Nov 10, 2006
Sold by
Slazak Joseph A and Slazak Penelope A
Bought by
Mccarthy Ryan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,625
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Al Kazim Llc -- None Available
Akter Nazma $130,000 None Available
Mccarthy Ryan P $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Ryan P $54,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $130,000 +18.3% $66 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/22/2018 07/22/18 For Sale $109,900 -- $55 / 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 $437 $78,000 $4,500 $73,500
2023 $395 $78,000 $4,500 $73,500
2022 $392 $78,000 $4,500 $73,500
2021 $392 $78,000 $4,500 $73,500
2020 $431 $78,000 $4,500 $73,500
2019 $1,536 $56,000 $6,000 $50,000
2018 $1,446 $56,000 $6,000 $50,000
2017 $333 $56,000 $6,000 $50,000
2016 $1,363 $56,000 $6,000 $50,000
2015 -- $56,000 $6,000 $50,000
2014 -- $56,000 $6,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ryan McCarthy

    No Office Affiliation

  • M

    Buyer's Agent in 2018

    Michael Covelli

    Maywalt Realty Group

    (716) 874-4000

    10 Total Sales

    Michael Covelli
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Map

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

MLS Number: B1135636

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-660-0002-005-000

New York Erie County Buffalo 14215 University District

589 Winspear Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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