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Buffalo 14206 Babcock
125 Gilbert Street
$69,900
House - For Sale

125 Gilbert Street

Buffalo, NY 14206
bedrooms
3 Beds
bathrooms
2 Baths
$397
Estimated Monthly
$0
HOA / Fees
22.26%
Cap Rate

About This Property

Currently a single-family unit, 125 Gilbert can easily be reverted to a two-family dwelling. Before rehab started, it was rented out till November 2023 for $1200. It is priced aggressively below market value, to reflect the necessary repairs. The rehab process has already begun on this 1,800 sq ft property. Bring your ideas and make this property uniquely yours! Seller financing is available with 0% interest.
Unit Size
-
Days on Market
54 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$53
HOA Dues
-
Year Built
1900
Listed By
Last updated: 2 months ago (NYSAMLS #B1525029)

Price History

Date / Event Date Event Price
Mar 11, 2024 Listed by Howard Hanna WNY Inc. $69,900
Listed by Howard Hanna WNY Inc.
Mar 2, 2024 No longer available -
No longer available
Feb 16, 2024 Price Decreased $69,900
↓ $2K (2.9%)
Price Decreased
Jan 1, 2024 Listed by Howard Hanna WNY Inc. $72,000
Listed by Howard Hanna WNY Inc.
Currently configured as a single-family unit, 125 Gilbert can easily be reverted back into a two-family dwelling. It is priced aggressively below market value, to reflect the necessary repairs. The rehab process has already begun on this 1,800 sq ft property. Bring your ideas and make this property uniquely yours! Seller will consider offers between 69,900 and 85,000.
Jan 27, 2022 Sold $50,000
Sold

Property Highlights

Parking Details
Parking Features: No Garage, No Driveway
Interior Details

Bedroom Information

Bedrooms: 3
Bedrooms on Main Level: 1

Bathroom Information

Full Bathrooms: 2
Bathrooms on Main Level: 2

Interior Information

Interior Features: Eatin Kitchen, Storage
Appliances: Gas Water Heater
Flooring Type: Carpet, Hardwood, Varies

Room Information

Rooms: 5

Basement Information

Has Basement
Partial

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,870
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BUFFALO CREEK RESERVATION
  • Land Acres: 0.089
  • Legal Description 1: 3OO. N CLINTON

Ownership

  • Current Owner : MANZILAY MUSAFIR INC
  • Previous Owner : DOUGLAS JUDITH A
  • Previous Owner 2: JST PROPERTY GROUP II LLC
  • Owner Before Previous Owner: CITY OF BUFFALO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 016300

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 09430100
  • District: 140200
  • Section: 123.220
  • Parcel: 140200 123.22-1-36
  • Block: 1
  • Lot: 36.000
  • Municipality: BUFFALO
  • Latitude: 42.876
  • Longitude: -78.8275

    Address

  • Full Address: 125 Gilbert St
  • Address - House Number: 125
  • Address - Street Name: Gilbert
  • Address - Suffix Type: St
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C013
  • 4-Digit Zip Code: 2903
  • Zip Code: 14206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $213
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2651
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 87
  • Final Value: 70,628
  • High Value: 78,840
  • Low Value: 62,415

    Market Valuation

  • Market Total Value: $58,571
  • Market Land Value: $5,714
  • Market Improvement Value: $52,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $37,000

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Jan 27, 2022
  • Current Sale Transaction ID: 11887479513
  • Current Sale Price: $50,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2022018462
  • Previous Sale Recording Date: Apr 03, 2007
  • Previous Sale Contract Date: Mar 28, 2007
  • Previous Sale Amount: $2,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
1 Bath
-
$87,777 Aug 21, 2023
$87,777 Oct 30, 2023
$81/mo
Multifamily
6 Beds
2 Baths
-
$65,000 May 1, 2023
$65,000 Jul 21, 2023
$58/mo
Multifamily
6 Beds
2 Baths
-
$50,000 Sep 27, 2023
$50,000 Feb 15, 2024
$42/mo
House
3 Beds
1 Bath
-
$69,000 Nov 17, 2023
-
$56/mo
Land
Loft
-
-
$69,000 Feb 10, 2024
-
$14/mo

About East Side


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Frequently Asked Questions

When was property at 125 Gilbert Street built and last sold?
The property at 125 Gilbert Street was built in 1900 and last sold on Dec 29, 2021 for $50,000.
How much is this home worth?
The estimated value of the home located at 125 Gilbert Street is $70,599.
What are some comparable homes to 125 Gilbert Street?
Homes that are comparable to 125 Gilbert Street include a land property at 1342 Clinton Street, a house property at 18 Oakdale Place, a multifamily property at 25 Jones Street.

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