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2870 Bailey

2870 Bailey, Buffalo, NY 14215
Commercial in LaSalle
2870 Bailey in Buffalo, NY was first built in 1920 and is 104 years old. This has been categorized as a commercial property type. It is a single story home. 2870 Bailey has 3,800 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 620 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 3,565 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 D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with a partial air conditioning. As for heating, the home is utilizing oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2870 Bailey sold most recently in Jun 6, 2019 for a total of $70,000. If you work out the math, that's approximately a cost of $36.84 per sqft. Before that, the property was also sold for $46,250 in Mar 14, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 2870 Bailey was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,400. If we break it down further, the land itself was valued at $8,100. Improvements to the property, however, were assessed at a total of $59,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Floor Count: 1
  • Business/Commerical Units Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,900
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,565
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,900
  • Gross Building Area: 1,900
  • Building Area: 1,900
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Partial air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,800
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: HOLLAND LAND COMPANY SURVEY
  • Land Acres: 0.082
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: 31. S BERWYN

Ownership

  • Current Owner : SAJIB MOHAMMAD ALI
  • Previous Owner : 716 ESTATES LLC
  • Owner Before Previous Owner: FINGERS EDWARD

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 004200

Zoning

  • Zoning: N-3E

Geography

  • Account Number: 07628350
  • District: 140200
  • Section: 90.480
  • Parcel: 140200 90.48-3-7.1
  • Block: 3
  • Lot: 7.100
  • Municipality: BUFFALO
  • Latitude: 42.9329
  • Longitude: -78.8139

    Address

  • Full Address: 2870 Bailey Ave
  • Address - House Number: 2870
  • Address - Street Name: Bailey
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C011
  • 4-Digit Zip Code: 2852
  • Zip Code: 14215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 140200

    Market Valuation

  • Market Total Value: $96,286
  • Market Land Value: $11,571
  • Market Improvement Value: $84,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,400
  • Assessed Land Value: $8,100
  • Assessed Improvements Value: $59,300

    Sales

  • Current Sale Contract Date: Jun 06, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Transaction ID: 11628243914
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019127412
  • Previous Sale Recording Date: Mar 15, 2019
  • Previous Sale Contract Date: Mar 14, 2019
  • Previous Sale Amount: $46,250
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 2870 Bailey located in?
The 2870 Bailey is a commercial located in the neighborhood of LaSalle in North East, Buffalo.
What is the average sales price for listings in 2870 Bailey?
The average sales price for units in 2870 Bailey is $0 currently.

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