NOT LISTED FOR SALE

Estimated Value: $480,904 - $536,000

4 Beds
2 Baths
2,621 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $466,000 $178 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,940/month

6 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Forced Air Cooling System
  • Full Attic
  • Fenced Yard
  • Property is near a bus stop

About This Home

As of August 2022

Charming, well-maintained two family on Richmond Avenue with a rare 2 car garage accessible from York Street. Features include high ceilings, beautiful parquet & oak hardwood floors with inlay, natural woodwork, front porches, mostly newer windows throughout and central air conditioning for both units. The lower 2 bedroom is tenant occupied (lease ends July 31, 2022) and has a bathroom (redone in 2021). The upper 2-bedroom unit has a similar layout. There is a huge unfinished attic with a skylight offering storage or added potential for future expansion. Updates include new circuit breaker boxes (2022), tear off roof 2012, front porch roof 2018, exterior painted 2021, furnaces (lower 2012, upper 2006) with new chimney liners and ductwork (2020), glass block windows and a newer garage door w/automatic opener(2019). All appliances are included. Beautiful front, side and rear gardens plus plenty of green space in the fully fenced back yard. Perfect opportunity for an owner-occupant situation with a long term, stable tenant already in place on the first floor. Excellent Elmwood Village location, close to Allentown, Five Points & the Peace Bridge. Negotiations start June 20 @ 4 pm.

Last Agent to Sell the Property

James Mack

Listing by Gurney Becker & Bourne License #30MA0664888 Listed on: 06/14/2022

Co-Listed By

Christian Reitler

Listing by Gurney Becker & Bourne License #10401290363

Last Buyer's Agent

Robert Blake

Listing by HUNT Real Estate Corporation License #10301206206

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 1920

Lot Details

  • 4,032 Sq Ft Lot
  • Lot Dimensions are 100 x 36
  • Fenced Yard
  • Irregular Lot

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,621 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Electric Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal, water
  • Tax Lot 6
  • Assessor Parcel Number 140200-100-610-0001-006-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $3,300
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,188

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 3300
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 264000
  • Foundation Description: Stone
  • Gross Annual Income: 12000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 36
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 6
  • Lot Shape: Irregular
  • Nearest Cross Street: York
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 5032397.41
  • Ratio Close Price By Sq Ft: 177.79
  • Ratio List Price By Acres: 3994600.43
  • Ratio List Price By Sq Ft: 141.13
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1240
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4032
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2621
  • Directions To Property: Richmond Avenue between Summer and York.
  • Sq Ft Total Pub: 2621
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Full, Unfinished
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 2621

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, Garage Door Opener
  • Number of Acres: 0.0926

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Concrete, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-100-610-0001-006-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4188

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jun 23, 2022
Sold by
Callocchia Patrick A
Bought by
Brandt Angela H
Seller's Agent
James Mack
Gurney Becker & Bourne
Buyer's Agent
Robert Blake
HUNT Real Estate Corporation
List Price
$369,900
Sold Price
$466,000
Premium/Discount to List
$96,100
25.98%
Current Estimated Value
$519,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,976
Avg. Annual Appreciation
3.65%
Original Mortgage
$396,100
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2007
Sold by
Kowalski John F
Bought by
Callocchia Patrick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1998
Sold by
Satterly Katheryn L
Bought by
Guglielmo Vincent and Kowalski John F
Source: Public Records

Range of Values:

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Average Value
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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
Brandt Angela H $466,000 None Available
Callocchia Patrick A $155,000 None Available
Guglielmo Vincent $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brandt Angela H $396,100
Previous Owner Callocchia Patrick $110,735
Previous Owner Callocchia Patrick A $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $466,000 +26.0% $178 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $369,900 -- $141 / 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 $1,338 $264,000 $76,500 $187,500
2023 $1,338 $264,000 $76,500 $187,500
2022 $1,327 $264,000 $76,500 $187,500
2021 $1,331 $264,000 $76,500 $187,500
2020 $1,193 $264,000 $76,500 $187,500
2019 $4,253 $155,000 $6,000 $149,000
2018 $4,002 $155,000 $6,000 $149,000
2017 $922 $155,000 $6,000 $149,000
2016 $3,457 $155,000 $6,000 $149,000
2015 -- $155,000 $6,000 $149,000
2014 -- $155,000 $6,000 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1410912

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-100-610-0001-006-000