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1389 Bailey

1389 Bailey, Buffalo, NY 14206
Commercial in Lovejoy
1389 Bailey in Buffalo, NY was first built in 1940 and is 84 years old. This has been categorized as a commercial property type. There are a total of 2 floors. 1389 Bailey has 4,740 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,250 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 16,250 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1389 Bailey was last sold in Dec 27, 2019 for $330,000. According to our calculations, that's $69.62 per sqft. Current property owners are expected to pay $1,019 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 1389 Bailey was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $196,000. To break that down further, the land itself was valued at $51,200. While improvements to the property were assessed at a total of $144,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,250
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 4,740
  • Gross Building Area: 4,740
  • Building Area: 4,740
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,740
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: HOLLAND LAND COMPANY S SURVEY
  • Land Acres: 0.374
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: SOUTH COR STANLEY

Ownership

  • Current Owner : BARKAT BUFFALO LLC
  • Previous Owner : CHAVEZ ALBERT C
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 002400

Zoning

  • Zoning: D-S

Geography

  • Account Number: 09727000
  • District: 140200
  • Section: 112.410
  • Parcel: 140200 112.41-2-1
  • Block: 2
  • Lot: 1.000
  • Municipality: BUFFALO
  • Latitude: 42.8919
  • Longitude: -78.8137

    Address

  • Full Address: 1389 Bailey Ave
  • Address - House Number: 1389
  • Address - Street Name: Bailey
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C014
  • 4-Digit Zip Code: 1037
  • Zip Code: 14206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,019
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 140200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: ALBERT C CHAVES
  • First Open Lien Mortgage Recording Date: Jan 10, 2020
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 10, 2050
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $73,143
  • Market Improvement Value: $206,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,000
  • Assessed Land Value: $51,200
  • Assessed Improvements Value: $144,800

    Sales

  • Current Sale Contract Date: Dec 27, 2019
  • Current Sale Recording Date: Jan 10, 2020
  • Current Sale Transaction ID: 11730181684
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020008804

    Last Sale Mortgage

  • First Mortgage Lender: ALBERT C CHAVES
  • First Mortgage Transaction Date: Jan 10, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 1389 Bailey located in?
The 1389 Bailey is a commercial located in the neighborhood of Lovejoy in East Side, Buffalo.
What is the average sales price for listings in 1389 Bailey?
The average sales price for units in 1389 Bailey is $0 currently.

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