NOT LISTED FOR SALE

23 Prospect Place Buffalo, NY 14218

Estimated Value: $161,000 - $207,000

6 Beds
3 Baths
3,021 Sq Ft
$63/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $145,000 $48 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,228/month

39 Days on Market

Highlights

  • 0.33 Acre Lot
  • Forced Air Heating System
  • Partially Fenced Property
  • Property is near public transit
  • 2.5 Car Garage
  • Carpet

About This Home

As of January 2022

Welcome to 23 Prospect! This 3 unit apartment in Lackawanna offers a double lot! This 3,021 sq. foot
property includes 6 beds and 3 baths. The property also includes plenty of driveway and garage space.
Currently, there are 1 occupied lower front unit, and 2 vacant units. The tenant in the lower front is a
great long term tenant! Each unit has separate electric, gas, and water meters. There are separate laundry
hook ups in each unit. This is a must see so don't miss out on this tremendous investment opportunity!
Seeing you all the way to 23 Prospect Place.

Last Agent to Sell the Property

Sarah Feeney

Listing by eXp Realty License #10401316586 Listed on: 09/24/2021

eXp Realty

Last Buyer's Agent

Caleb Canazzi

Listing by Blue Eagle Realty Corp. License #10311207565

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,364

Year Built

  • Built in 1917

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 92x154
  • Partially Fenced Property

Parking

  • 2.5 Car Garage

Home Design

  • Triplex
  • Poured Concrete
  • Shake Siding

Interior Spaces

  • 3,021 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Location

  • Property is near public transit

Schools

  • Martin Road Elementary School
  • Lackawanna Middle School
  • Lackawanna High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes common area maintenance
  • Tax Lot 4
  • Assessor Parcel Number 140900-142-610-0001-004-100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,364

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance
  • Year Built: 1917
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Center St to Prospect Place
  • Architectural Style: Triplex
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: None
  • Basement YN: No
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.3253
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Fence
  • Foundation Details: Poured

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Concrete, Garage, Two or More Spaces

Utilities

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

Schools

  • Junior High Dist: Lackawanna
  • Ninth Grade High School: Lackawanna High
  • Middle Or Junior School: Lackawanna Middle

Lot Info

  • Parcel Number: 140900-142-610-0001-004-100
  • Lot Dimensions: 92X154
  • Lot Size Sq Ft: 14168.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5364.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Martin Road Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Jan 10, 2022
Sold by
Sowinski Barbara and Estate Of Elizabeth Sowinski
Bought by
Reszka Jessica
Seller's Agent
Sarah Feeney
eXp Realty
Buyer's Agent
Caleb Canazzi
Blue Eagle Realty Corp.
List Price
$170,000
Sold Price
$145,000
Premium/Discount to List
-$25,000
-14.71%
Current Estimated Value
$190,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,379
Avg. Annual Appreciation
6.02%
Original Mortgage
$65,000
Interest Rate
3.05%
Mortgage Type
Commercial
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
Reszka Jessica $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reszka Jessica L $145,000
Closed Reszka Jessica $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $145,000 -6.5% $48 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $155,000 -8.8% $51 / Sq Ft
09/24/2021 09/24/21 For Sale $170,000 -- $56 / 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 -- $122,000 $15,000 $107,000
2023 $2,559 $122,000 $15,000 $107,000
2022 $2,405 $122,000 $15,000 $107,000
2021 $2,431 $122,000 $15,000 $107,000
2020 $851 $122,000 $15,000 $107,000
2019 $3,511 $64,900 $10,700 $54,200
2018 $1,694 $64,900 $10,700 $54,200
2017 $853 $64,900 $10,700 $54,200
2016 $1,748 $64,900 $10,700 $54,200
2015 -- $64,900 $10,700 $54,200
2014 -- $64,900 $10,700 $54,200
Source: Public Records

Agents Affiliated with this Home

  • Sarah Feeney

    Seller's Agent in 2022

    Sarah Feeney

    eXp Realty

    (716) 812-9961

    8 in this area

    117 Total Sales

    Sarah Feeney
    Section Image
  • Caleb Canazzi

    Buyer's Agent in 2022

    Caleb Canazzi

    Blue Eagle Realty Corp.

    (716) 536-1787

    3 in this area

    165 Total Sales

    Caleb Canazzi
    Section Image
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Map

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

MLS Number: B1367949

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-610-0001-004-100

New York Erie County Buffalo 14218

23 Prospect Place, Buffalo, NY

This home is located at 23 Prospect Place, Buffalo, NY 14218 since 24 September 2021 and is currently estimated at $190,379, approximately $63 per square foot. This property was built in 1917. 23 Prospect Place is a home located in Erie County with nearby schools including Truman Elementary School, Martin Road Elementary School, and Lackawanna Middle School.

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