NOT LISTED FOR SALE

Estimated Value: $415,000 - $517,000

3 Beds
2 Baths
2,250 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $315,000 $140 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,674/month

81 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Hot Water Heating System
  • Wood Flooring
  • Forced Air Heating System
  • 3 Car Garage

About This Home

As of January 2022

Welcome to 196 Richmond Ave! This 2250 sq/ft home comes with a huge 3 car garage and 5+ off street parking spots. Upon entering you will be greeted with stunning, one of a kind, original hardwood floors with inlays. This home was used as 2 family home however can easily be converted into a large single if desired. Prime location within walking distance to Kleinhans Music Hall, Elmwood Village and Allentown. This would also be a great investment property or for an owner occupant. There are two separate stairwells to get to the upstairs. Enjoy sitting on your huge covered front porch and watch all that Richmond Ave has to offer! This is a must see and rare opportunity to own a home one of Buffalo's best streets.

Last Agent to Sell the Property

Brian Hillery

Listing by HUNT Real Estate Corporation License #10301221944 Listed on: 08/10/2021

HUNT Real Estate Corporation

Last Buyer's Agent

Benjamin Domagala

Listing by Own NY Real Estate LLC License #10401290782

Own NY Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,431

Year Built

  • Built in 1890

Lot Details

  • 5,173 Sq Ft Lot
  • Lot Dimensions are 35x132
  • Partially Fenced Property

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 15
  • Assessor Parcel Number 140200-099-600-0006-015-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,431

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Richmond between Bryant and Summer
  • Flooring: Ceramic Tile, Hardwood, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Natural Woodwork
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.1188
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Paved, Garage Door Opener

Utilities

  • Heating: Gas, Forced Air, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-099-600-0006-015-000
  • Lot Dimensions: 35X132
  • Lot Size Sq Ft: 5173.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4431.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Jan 5, 2022
Sold by
Territo Martha L and Truilizio Anthony
Bought by
Wong Pui Yu
Seller's Agent
Brian Hillery
HUNT Real Estate Corporation
Buyer's Agent
Benjamin Domagala
Own NY Real Estate LLC
List Price
$359,900
Sold Price
$315,000
Premium/Discount to List
-$44,900
-12.48%
Current Estimated Value
$487,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,131
Avg. Annual Appreciation
10.64%
Original Mortgage
$267,750
Outstanding Balance
$246,571
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$227,866

Purchase Details

Closed on
Jul 7, 2021
Sold by
Zalewski Susan and Estate Of Anthony Truilizio
Bought by
Territo Martha L and Truilizio Anthony

Purchase Details

Closed on
Dec 29, 2008
Sold by
Truilizo Anthony S and Estate Of Martha Truilizo
Bought by
Truilizo Anthony S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wong Pui Yu $315,000 None Available
Territo Martha L -- None Available
Truilizo Anthony S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Pui Yu $267,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $315,000 -4.5% $140 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
09/18/2021 09/18/21 Price Changed $329,900 -8.3% $147 / Sq Ft
08/10/2021 08/10/21 For Sale $359,900 -- $160 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,681 $300,000 $78,300 $221,700
2023 $1,520 $300,000 $78,300 $221,700
2022 $1,267 $252,000 $78,300 $173,700
2021 $1,267 $252,000 $78,300 $173,700
2020 $924 $252,000 $78,300 $173,700
2019 $3,292 $120,000 $15,600 $104,400
2018 $3,098 $120,000 $15,600 $104,400
2017 $714 $120,000 $15,600 $104,400
2016 $2,921 $120,000 $15,600 $104,400
2015 -- $120,000 $15,600 $104,400
2014 -- $120,000 $15,600 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1358720

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-600-0006-015-000