NOT LISTED FOR SALE

62 Lovering Ave Buffalo, NY 14216

North Park Neighborhood

Estimated Value: $380,000 - $513,941

6 Beds
2 Baths
2,680 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 21, 2014

Last sale price $172,000 $64 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $2,380/month

7 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Woodwork
  • Full Attic
  • Balcony
  • Forced Air Cooling System

About This Home

As of July 2014

Great neighborhood! Large 2 unit! Walk to popular Hertel area - Abundant restaurants and shops! 2.5 car garage, hardwood! Lower unit has Florida rm and gas fireplace! Upper - balcony! Fenced yard, shed! Roof 2011 (50%), carpet 2012, updated floors, remodeled bsmt with in-law apartment and 23x10 rec rm! Average rents $800! Wonderful value - investment! Very good condition!

Last Agent to Sell the Property

Marian Ciaramella

Listing by No Office Affiliation License #30CI0729194 Listed on: 03/04/2014

Last Buyer's Agent

Neil Gerrity

Listing by Keller Williams Realty WNY License #30GE0910133

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 150 x 36
  • Fenced Yard

Home Design

  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Gas Fireplace
  • Drapes & Rods
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Laminate
  • Tile

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Shed

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 140200-078-640-0001-006-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,328

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 87
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 115000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 36
  • Lot Information: Near Bus Line
  • L P Per Acre: 1433333.3300
  • List Price per Sq Ft: 64.1791
  • Nearest Cross Street: Hertel
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1433333.33
  • Ratio Close Price By Sq Ft: 64.18
  • Ratio List Price By Acres: 1433333.33
  • Ratio List Price By Sq Ft: 64.18
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Sale Price List Price: 1.0000
  • S P Per Acre: 1433333.3300
  • S P Per Sq Ft: 64.1800
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 172000.00
  • Year Built Description: Existing
  • Age of Building: 95
  • Year Built: 1927
  • Directions To Property: Hertel to Lovering.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Natural Woodwork - some, Sump Pump
  • Attic Description: Full
  • Basement Description: Finished, Full
  • Floor Description: Hardwood-Some, Laminate-Some, Linoleum/Vinyl, Tile-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Not Repto Code: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Rooms: 12
  • Total Sq Ft: 2680

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available, Fully Fenced Yard, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.1200

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

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

Lot Info

  • Parcel Number: 140200-078-640-0001-006-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2328

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jul 16, 2014
Sold by
Knight Patricia A and Knight Beverly J
Bought by
Angelo Gregory P D
Seller's Agent
Marian Ciaramella
No Office Affiliation
Buyer's Agent
Neil Gerrity
Keller Williams Realty WNY
List Price
$149,900
Sold Price
$172,000
Premium/Discount to List
$22,100
14.74%
Current Estimated Value
$434,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,485
Avg. Annual Appreciation
8.41%
Original Mortgage
$129,000
Outstanding Balance
$98,046
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$336,439

Purchase Details

Closed on
Jan 11, 2001
Sold by
Carbone Charles E
Bought by
Knight Bryant Patricia A

Purchase Details

Closed on
Nov 26, 1997
Sold by
Cipolla Rosario and Cipolla Paola
Bought by
Knight Patricia A and Knight Beverly J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Angelo Gregory P D $172,000 None Available
Knight Bryant Patricia A $87,000 --
Knight Patricia A $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angelo Gregory P D $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2014 07/21/14 Sold $172,000 +14.7% $64 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $149,900 -- $56 / 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 $1,317 $235,000 $35,500 $199,500
2023 $1,191 $235,000 $35,500 $199,500
2022 $1,182 $235,000 $35,500 $199,500
2021 $1,182 $235,000 $35,500 $199,500
2020 $885 $235,000 $35,500 $199,500
2019 $3,155 $115,000 $11,200 $103,800
2018 $2,969 $115,000 $11,200 $103,800
2017 $684 $115,000 $11,200 $103,800
2016 $2,799 $115,000 $11,200 $103,800
2015 -- $115,000 $11,200 $103,800
2014 -- $115,000 $11,200 $103,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marian Ciaramella

    No Office Affiliation

  • N

    Buyer's Agent in 2014

    Neil Gerrity

    Keller Williams Realty WNY

    (716) 866-5436

    23 Total Sales

    Neil Gerrity
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Map

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

MLS Number: B446623

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-078-640-0001-006-000

New York Erie County Buffalo 14216 North Park

62 Lovering Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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