NOT LISTED FOR SALE

Estimated Value: $385,000 - $410,948

0.14 Acre
$2,846,738 Price per Acre
6,090 Sq Ft Lot

Last Sold June 03, 2020

Last sale price $295,000 $66 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,146/month

21 Days on Market

Highlights

  • Home to be built
  • Rectangular Lot
  • 4-minute walk to Bidwell Parkway

About This Lot

As of June 2020

LOCATION LOCATION LOCATION!! Prime Commercial Lot for sale in the Heart of the Elmwood Village. (Formerly Elmwood Print Out) This lot sits across the street from the Chason Affinity Project, near Elmwood & Forest. Chason Affinity Project includes condos & retail that will transform this section of Elmwood, like no other project in recent past. This development project will bring new life & opportunity for future development, due to the influx of new residence, both residential & commercial. This lot is also walkable to the world-renowned Albright-Knox. The AK is undergoing a major renovation & it will attract people worldwide, when it reopens. Be part of the new development happening right now on Elmwood. This lot is shovel ready & is a tremendous opportunity in a highly visible location!

Last Agent to Sell the Property

Lauren Kostek

Listing by No Office Affiliation License #10301201271 Listed on: 02/06/2020

Last Buyer's Agent

Len Sciolino

Listing by Real Broker NY LLC License #10301201318

Real Broker NY LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,864

Lot Details

  • 6,090 Sq Ft Lot
  • Lot Dimensions are 145 x 42
  • Rectangular Lot
  • Cleared Lot

Parking

  • No Garage

Home Design

  • Home to be built

Additional Features

  • City Lot
  • Gas Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 140200-089-610-0004-016-000

Property Details

Property Type

Land

Est. Annual Taxes

$2,864

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 112000
  • Development Status: Cleared Land
  • Improvements: Paved Street, Sidewalk
  • Land Features: Clear Lot
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 145
  • Lot Dimension Front: 42
  • Lot Information: City or Village, Commercial Zoning
  • Lot Number: 16
  • Lot Shape: Rectangular
  • Nearest Cross Street: Forest
  • Possible Uses: Commercial, Multi Unit Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 2110157.37
  • Ratio List Price By Acres: 2138769.67
  • Regional Board Code: Buffalo
  • School Tax: 1009
  • Sub Board Code: Buffalo
  • Type: Building Lot
  • Type of Sale: Normal
  • Year Built Description: To Be Built
  • Lot Sq Ft: 6090
  • Directions To Property: Elmwood Avenue, between Forest and Bird.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City
  • Number of Acres: 0.1398

Garage/Parking

  • Garage Description: No Garage

Utilities

  • Utilities Available: Electric, Gas, Water
  • Utilities On-site: Electric, Gas
  • Waste Disposal: Sewer Existing
  • Water Supply: At Street, Public

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-089-610-0004-016-000

Tax Info

  • Total Taxes: 2864

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
1074 Elmwood Llc
Bought by
Elmwood Bird Associates Ii Llc
Current Estimated Value
$397,974

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jun 1, 2020
Sold by
Patti Lawrence D and Patti Carol Johann
Bought by
1074 Elmwood Llc
Seller's Agent
Lauren Kostek
No Office Affiliation
Buyer's Agent
Len Sciolino
Real Broker NY LLC
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elmwood Bird Associates Ii Llc $335,000 None Available
1074 Elmwood Llc $295,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $295,000 -1.3% $66 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $299,000 -- $67 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

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
2024 $309 $60,900 $60,900 $0
2023 $309 $60,900 $60,900 $0
2022 $306 $60,900 $60,900 $0
2021 $306 $60,900 $60,900 $0
2020 $862 $60,900 $60,900 $0
2019 $4,307 $112,000 $15,200 $96,800
2018 $3,982 $112,000 $15,200 $96,800
2017 $666 $112,000 $15,200 $96,800
2016 $3,748 $112,000 $15,200 $96,800
2015 -- $112,000 $15,200 $96,800
2014 -- $112,000 $15,200 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1249272

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-089-610-0004-016-000