West Side Transactions, zip, seller, buyer, date, Sale Pr. Assess.Val. SP/AV

935 PROSPECT 13,PINELLI,JOHN ,PINELLI,MIKE,P,MARJORIE,6/6 $2000,CTY PROSP 1 fam $44300 5%
303 HERKIMER 13 HUD ,BOWDEN,DON,B,KEISHA ,06/06 $2855,CTY HERKIMER 1 fam $35000 8%
208 BRECKENRIDGE 13,BRECKENR ST ENTERPR ,PETTYS,DEBRA,6/04 $5500,CTY BRECKENR 1 fam $38000 10%
67 HAWLEY 13,CITY OF BUF ,LAUER,BRADLEY ,06/07 $5500,INREM34 SER1574 2fam $26000 21%
112 SCHOOL 13,RUCH,JAMES ,MIDFIRST BANK ,06/04 $26882.1,CTY SCHOOL 2 fam $39000 NA
221 HAMPSHIRE 02,NASISI,GAETANO ,GONZALEZ,CONCEPION ,06/06 $34000,CTY HAMP 2 fam $35500 10%
103-5 POTOMAC 13,ALLPHASE HOME INSP SERV,LAIBLE,JOANN,6/7 $40000,4PCTY 92 2 vac.lots $ 5300 755% ??
392 SUMMER 22,BOROWIAK,DONALD ,OLEN,JOANNE ,06/04 $49900,CTY S24 C664 2 fam $51000 99% #
358 RICHMOND 22,SULLIVAN,JOHN ,NELSON,BRIAN ,06/07 $58200,CTYRICH 2 fam $87400 67%
205 PORTSIDE 02,PORTSIDE DEVELOP ,STAR,RICHARD ,06/06 $302000,CTY U205 1 fam $ NA NA

West Side TOTALS: 1 of 8 sales within 15% of GAR assess. Value: 13% accuracy Aver. SaleP/Assess.V: ??

Citywide Distressed & Under $5001 (not in Buff News Transactions

22 GOODYEAR 12,CITY/BUF,NY LIBERTY HOMES ,6/7 1fam *G$8700 $400,CTY IN REM32 SER3334 $1700
73 MARSHALL 11,SALES,THEO,HOLMES ,REGINALD,06/04 $500,CTY 611/8 S62-64 C234
968 FILLMORE 11,VALVO,SAL,MCCULLEN ,PAUL,06/04 $500,CTY 20 11/8
46 GOODYEAR 12,CITY/BUF,NY LIBERTY HOMES,6/7 2fam *G$5000 $500,CTY IN REM32 SER3335 $1800
241 SOBIESKI 11, HUD ,CORAM,DERRICK ,06/04 $500,CTY4 11/8S190C318-319
86 NEVADA 11,CITY/BUF,NY LIBERTY HOMES,6/7 2 fam *G$15400 $500,CTY IN REM32 SER3070 $3500
383 MASTEN 09,CITY/BUF,NY LIBERTY HOMES,6/7 2 fam *G$11100 $500,CTY IN REM32 SER1788 $2200
84 DETROIT 06,CITY/BUF,NY LIBERTY HOMES,6/7 2fam *G$14700 $700,CTY IN REM34 SER822 $1700
39 KEHR 11,CITY OF BUF,NY LIBERTY HOMES,6/7 1fam *G$14000 $900,CTY IN REM32 SER1535 $3400
721 GLENWOOD 11,CITY/BUF ,NY LIB HOMES,6/7 park.lot *G$1000 $900,CTY IN REM32 SER1524 $1000
118 OBERLIN 11,CITY/BUF,NY LIBERTY HOMES,6/7 2fam *G$15000 $900,CTY IN REM32 SER3420 $2100
155 HOWELL 07,FORD,LOIS ,CANAZZI,KEITH ,06/08 $1000,CTY HOWELL
143 RODNEY 14,UNITED COS LEND ,WILSON,THOMAS ,06/06 $1050,CTY 43 11/8 L53 C479
*148 NEVADA 11,CITY/BUF,NY LIBERTY HOMES,6/7 1 fam *G$22000 $1100,CTY IN REM32 SER3073 $3500
*169 GOEMBEL 11,CITY/BUF,NY LIBERTY HOMES,6/7 2fam *G$25600 $1500,CTY IN REM32 SER2951 $2900
116 DOAT 11,CITY OF BUF,NY LIBERTY HOMES,6/7 2fa *G$12900 $1600,CTY IN REM32 SER2900 $3300
39 ROYAL 07, HUD ,ALASRI,ABDULLA ,06/05 $2300,CTY 58&59 S17 C264
62 KIRKOVER 06,DINGLEDEY,JAMES ,BARBER,KASAKEON ,06/06 $3000,CTY 20 11/8
138 SWEET 12,BERNACKI,ROMAN ,WARTHLING,FRANCIS,06/05 $3000,CTY 2 11/8 S6
*173 LOMBARD 12,CITY/BUF,NY LIBERTY HOMES,6/7 2fam *G$23700 $3000,CTY IN REM34 SER875 $3200
78 MOHR 12, HUD ,ABERTE,STEWART ,06/06 $3101,CTY 1 11/8 S33 C244
223 MAY 11 HUD ,PILGRAM,JAMES,06/08 $3505,CTY 51 11/7 S28 C281
25 SOBIESKI 12,MURPHY,PAUL,TATE ,ANDERSON,6/07 $3700,CTY 4 11/8 S364
151 WAKEFIELD 14,CITY OF BUF,SMITH ,AMOS 6/07 $4100,CTY IN REM34 SER2200
22 SCHMARBECK 12,CITY/BUF,NY LIBERTY HOMES,6/7 *G$27200 $4200,CTY IN REM32 SER3451 $18900
17 KIEFER HUD ,COLEMAN,HENRIETTA ,06/04 $4500,CTY 6 11/8 S30 C206
76 WARRING 11,HARK,GEO ,CHADWICK,THOMAS,C,JACQUELINE ,6/5, $5000,CTY 43 11/7
64 BERWYN 15,BENSON,SHIRA ,KEYBANK NAT ASSOC ,06/05 $15000,CTY54 11/7S197C1061
85 HAVEN 11,FED HOME LOAN MORTG ,BARKSDALE,ROBERT ,06/08 $15500,CTY 43 11/7 S29 C811
96 GERALD 14,VANN,MICHAEL ,KEYBANK NAT ASSOC ,06/07 $20000,CTY 44 11/7 S703 C1301
217 DARTMOUTH 00,UNITED COMPS LEND ,SURIEL DEV ,06/06 $20000,CTY 55 11/7 S280 C1103
65 HILL 14,TATE,CATRINA,BANK/NY,METRO AS F/II MORTG PASS,6/6 $21000,CTY43 11/8S22C479
67 ROUNDS 15,M&T MORTG CORP ,SURIEL DEV ,06/05 1fa. $23000,CTY 46 11/7 PS28 C795 $52700
12 BEVERLY 08,PRESSLEY,EVA ,ASSOC CONSUM DISC/NY ,06/06 $32764.9,CTY 39 11/8
10 OLGA 06,DIEHL,DON , HUD ,06/06 $38664.8,CTY 13 11/8
94 RANO 07,PYGON,CHAS, HUD ,06/05 $43583.1,CTY 42 S26 C231
259 HAZELWOOD 15,WILEY,JANICE ,ASSOC CONSUMER DISC CO,6/8 $43960.6,CTY44 11/7S68C617
83 ALTRURIA 20,ALGAWANI,MOHAMED ,AAMES CAP CORP ,06/04 $45000,CTY 46 L11 C583
411 WINSPEAR 15,MANUF&TRAD TR ,OVERTON,SOPHIA ,06/05 $48000,CTY 46 11/7 S301 C1072
182 BARNARD 06,SISSON,ROY ,PRINCIPAL RES MORTG ,06/06 $49153.8,CTY 7 10/7 S117 C291
730 EGGERT 15,KFS DEV CORP ,SIBLEY MORTG CORP ,06/06 $51001.4,CTY 46 11/7 S237 C1072
24 YALE 10,RUZESKI,JASON ,MANUF&TR TR ,06/07 $55665.7,CTY 53 10/7 S101 C330
540 TACOMA 16,DIPALMA,DARRYL ,HSBC BANK US,06/04 $96791.2,CTY 73 11/8 S415 C991

(*)NOTE: NY Liberty Homes LLC is Houston Investor Scott Wizig, who purchased 280+ Buffalo properties cheap. He succeeded in dramatically reducing new GAR Assessments on all his properties. See #148 Nevada reduced from GAR assessment $22000 to $3500, an 84% reduction; & 169 Goembel, reduced 89% from GAR’s $25600 to $2900.
Assessments on the 13 Wizig parcels above were reduced from $188,000 (see “G” Plus dollar amt above) to $57,500, an average reduction of 69%. His average assessment is $4,423. In a shrinking city with 22,854 vacancies, every (rundown?) house he fills simply empties another. Most of his houses are virtually worthless & should be demolished.
Wizig’s huge assessment reductions prove either massive over-assessments of low end housing or (illegal?) special treatment for Wizig (who also has unlimited free dumping at the City drop-off site).

PAGE 2; Buffalo Real Estate Transactions, June 4-8, 01 Housing WatchJune 13

Investor Transactions, zip, seller, buyer, date, Sale Pr. Assess.Val. SP/AV

110 THATCHER 15,DYAL,PATRICIA ,SURIEL DEV ,06/04 1fam $18000,CTY 55 11/7 PS12&13 C576 $43000
44 KERNS 15,BUF RENOV GROUP ,BANKS,ELISA,06/06 $39000,CTY 43 11/7 S30 C336
215 HEWITT 11,CDD ENTERPR ,RICE,KARY ,06/08 $45000,CTY 55 11/7 S19 C1103
74 HUMASON 11,VERSATILE ENTERPR ,MOORE,AYISHA ,06/05 $46300,CTY 43 11/7 S27 C589

Subsidized Newbuild

69 EARL 11,BURKE BROS CONSTR ,SANDERS,YOLANDA ,06/08 $97800,CTY 22 11/8

Citywide Non-distressed Transactions

430 SENECA 04,BUF ENTERPR,AUSTIN DECK ASSET MANAG ,06/07 $6000,2P CTY 96
23 LAMONT 07,OLEWINE,HARRY ,LESHINSKIE,JOE ,06/07 $6500,CTY 50 S30-31 C471
112 SOUTH 04,GRANVILLE,JOHN ,GRANVILLE,DAN,G,KATHLEEN,6/5 $7500,2P CTY SOUTH ST
3351 BAILEY 15,SOWAMCO18LTD ,WOLDU,GHIRMAI,NEGUSSE,ETIEMAR,6/4 $8000,CTY 46 11/7 S11 C798
756 E AMHERST 15,MARZEC,ROBERT ,CANAZZI,KEITH ,06/08 $8500,CTY46 11/7S295C820
550 SENECA 04,BUF ENTERPR ,AUSTIN DECK ASSET MANAG ,06/07 $10000,2P CTY 94
614 E DELAVAN 11,MCCLAREN,MARJORIE ,JACKSON,WM,J,DAISY,6/4 $12000,CTY 12 11/8
51 RICKERT 11,KIRK,JAMES ,KNIGHT,ED,06/05 $13500,CTY 26 11/8 S58 C244
54 VERNON 14,HALL,STEVE ,HOLENSKI,JOHN,MARTINEZ,FRANK,6/6 $15000,CTY67 11/8PS12C261
60 FULLER 07,SMITH,ROBERT ,STINNER,THEO,S,MARTHA ,06/07 $15000,CTY 60&61
150 N OGDEN 06,THOMAS,MARY,BOCZARSKI,TARA,MICHALSKI,KEITH,6/8 $25000,CTY41 11/7 S14C9
316 PARKRIDGE 15,MATTESON,JESSIE,MOORE-RHODES,FAITH,06/07 $30000,CTY 55 11/7 S322 C1103
35 SIRRET 20,KOURT,DAVID ,OSBORNE,SHARON ,06/08 $35000,CTY 54 10/8 S67 C440
479 LISBON 15,KOCH,FRED ,SLOSSON,DAVID,06/05 $37000,CTY 46 11/7 PS189 C795
111 FENNIMORE 15,LATTNER,MARLENE,CROSKERY,JIMMY,C,GENEVA,6/6 $40000,CTY45 11/7S466C1071
51 LANGFIELD 15,FORD,DEBRA ,GREENE,LEE,G,CYNTHIA ,06/08 $40500,CTY 45 11/7 PS2232+ C1493
241 ROUNDS 15,WANG,CHIU-SHENG ,PORTER,MICHAEL ,06/07 $45000,CTY 46 11/7 S81 C795
269 WEISS 06,MATECKI,DAN ,SLOMBA,JAMES,S,DAWN ,06/07 $45400,CTY 159 10/7 S31 C346
35 ERICSON 15,TEAGUE,WM ,BONNER,CAROL ,06/04 $47000,CTY 44 11/7 S114 C519
154 SCHILLER 06,MARCHIOLI,MICHAEL ,MILEWICZ,PAULA ,06/05 $49900,2P CTY 41 11/7 C9
29 WHITEHALL 20,RILEY,LEONA ,HALADY,DAVID ,06/06 $55000,CTY 265 10/7 S68 C1271
45 VIRGIL 06,CULTRARA,FRANCES ,WEDGEWOOD,JUSTIN ,06/07 $58800,CTY 77 11/8 S60 C935
58 TAUNTON 16,SCHLEGEL,GARY ,LEWIS,WASHINGTON ,06/05 $62400,CTY 78 11/8 S26 C580
56 HEUSSY 20,DERWIN,KATH ,TRUISI,SCOTT,T,TRACY ,06/04 $65000,CTY 51&52 10/8
75 COMO 20,PENDERS,KATHY ,RENZONI,PAUL,06/08 $67900,CTY254 10/7 S26 PS25 C599
79 AVERY 13,PEREZ,YRMA ,SHADWICK,JEROME ,06/05 $68000,CTY 78 11/8 S3 C1339
357 COLVIN 16,HOFFMAN,PERRYANN ,FITZGIBBON,THOMAS ,06/05 $69750,CTY 77 11/8 PS35 C393
2 ARLINGTON 01,WINTER,SHAWN ,SCARISBRICK,LAURA,S,SEAN,6/8 $77000,CTY 52
17 GROVELAND 14,MANGUAL,AMY ,MANGUAL,LUIS ,06/04 $97500,CTY 70 11/8 S3 C1173
21 RUSSELL 14,WEISS,PAUL ,LEARY,SCOTT ,06/04 $115000,CTY 67 11/8
53 ALLENHURST 14,BOWERS,LEON ,HALL,JACQUELINE ,06/04 $118965,CTY 66 11/7 S12
143 FORDHAM 16,YATES,EUGENE ,KELLEY,TIMOTHY,K,TINA ,06/08 $128500,CTY 82 11/8
800 W FERRY U6C 22,TAKATS,JOE,HURLEY,PAUL,H,MARY ,06/06 $145000,CTY U6-C
117 FORDHAM 16,ARMITAGE,HARRY ,FORBUSH,CATH ,06/05 $155775,CTY 82 11/8
232 BRYANT 22,BERCHOU,MICHAEL ,BERLIN,MAGNUS,B,CATH ,06/08 $157500,CTY 56 11/8
117 CHATHAM 16,HURLEY,PATR ,BOROWIAK,MATTHEW,B,AMY ,06/08 $172000,CTY 82 11/8 S80 C844
954&960 AMHERST 02,AMRESCO N ENG II LP ,AMH APTS LLC,6/07 $215300,2P CTY 83 11/8
99 NOTTINGHAM 16,LEISING,WM ,SUERO,TERRY,CHUR,CARLA ,06/08 $300000,CTY 75&81 11/8