NOT LISTED FOR SALE

78 Lake Ave Buffalo, NY 14219

Estimated Value: $185,536 - $378,000

7 Beds
4 Baths
3,064 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2020

Last sale price $128,000 $42 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,797 / mo

8 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Wood Flooring
  • 2 Car Garage
  • Rectangular Lot

About This Home

As of October 2020

3 unit with great rental potential! Separate utilities. Lower front has own laundry. All fridges and stoves included. All units have private entrances. Upper has bonus room off main bedroom and half bath. Upper new central A/C 2018. Hot water tank lower front 2017, New roof on side addition 2009. Rear lower apartment needs furnace repair. Dishwasher in upper not working. Some new windows. Cash offers only.

Last Agent to Sell the Property

Michael Wright

Listing by No Office Affiliation License #10401295105 Listed on: 08/12/2020

Co-Listed By

Gerald Wright

Listing by No Office Affiliation License #30WR0024998

Last Buyer's Agent

Carol Czerwiec

Listing by HUNT Real Estate Corporation License #40CZ0748682

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1920

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Location

  • Property is near public transit

Schools

  • Blasdell Elementary School
  • Frontier Middle School
  • Frontier Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 14
  • Assessor Parcel Number 144801-151-620-0001-014-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,357

Year Built

Built in 1920

Lot Details

5,750 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1920
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Co List Office Mls Id: RUSA008
  • Co List Office Phone: 716-656-8999
  • Directions: South Park to Lake Ave. Lake Ave is currently closed to through traffic but access is available. Parking is available in lot diagonally across the street.
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.132
  • Waterfront: No
  • Construction Type: Aluminum Siding, Brick, Steel Siding, Copper Plumbing
  • Exterior Features: Fully Fenced
  • Foundation Details: Block

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Frontier
  • Ninth Grade High School: Frontier Senior High
  • Middle Or Junior School: Frontier Middle

Lot Info

  • Parcel Number: 144801-151-620-0001-014-000
  • Lot Dimensions: 50X115
  • Lot Size Sq Ft: 5750.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 26400.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5357.0
  • Tax Lot: 14

MLS Schools

  • Elementary School: Blasdell Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 8, 2020
Sold by
Ferraro Maria C
Bought by
Abdulla Mukhtar
Seller's Agent
Michael Wright
No Office Affiliation
Buyer's Agent
Carol Czerwiec
HUNT Real Estate Corporation
List Price
$127,900
Sold Price
$128,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$250,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,634
Avg. Annual Appreciation
12.92%

Purchase Details

Closed on
Sep 13, 2010
Sold by
Nicholoff Michael R and Nicholoff Maria C
Bought by
Ferraro Maria C

Purchase Details

Closed on
Jul 29, 2008
Sold by
Suarez Roy L and Suarez Elaine M
Bought by
Nicholoff Michael R and Nicholoff Maria C
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
Abdulla Mukhtar $128,000 None Available
Ferraro Maria C -- None Available
Nicholoff Michael R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $128,000 +0.1% $42 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $127,900 -- $42 / 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 $5,722 $64,700 $10,000 $54,700
2024 $5,722 $64,700 $10,000 $54,700
2023 $5,462 $64,700 $10,000 $54,700
2022 $5,366 $64,700 $10,000 $54,700
2021 $3,917 $64,700 $10,000 $54,700
2020 $4,837 $64,700 $10,000 $54,700
2019 $3,094 $64,700 $10,000 $54,700
2018 $4,791 $64,700 $10,000 $54,700
2017 $1,781 $64,700 $10,000 $54,700
2016 $4,394 $64,700 $10,000 $54,700
2015 -- $64,700 $10,000 $54,700
2014 -- $64,700 $10,000 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1285903

Western New York Real Estate Information Services (WNYREIS)

APN: 144801-151-620-0001-014-000

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