$550,000
$20K PRICE DROP

Estimated payment $3,373/month

Total Views 8,887
5 Beds
3 Baths
3,102 Sq Ft
$177 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Garage
  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding

About This Home

Step into the timeless elegance of 242 Norwood Avenue, a remarkably preserved, exquisitely detailed three-unit residence built in 1894. As one of the original homes on the street, this pinnacle of 19th-century architecture showcases the enduring beauty and craftsmanship of a bygone era, gracefully updated for modern living. The first-floor unit is a breathtaking display of early design artistry. From the grand woodwork to the majestic fireplace and glowing hardwood floors, every detail echoes the grace and splendor of its historic roots. Antique light fixtures cast a warm ambiance through the expansive, inviting rooms, preserving the spirit of the home’s original era. The second unit, located on the upper level, is a beautifully arranged, spacious apartment featuring handsome hardwood floors, generously sized living spaces, and a private balcony perfect for quiet evenings or sunlit mornings. This unit will be leased beginning July 15th, with tenancy extending through next year. The third unit, also located on the upper level, is a delightful one-bedroom residence offering refinished hardwood floors, an impressive kitchen, and an abundance of charm. This unit is currently leased through October 1st. Recent enhancements to the property include fresh exterior paint, a brand new extra-wide concrete driveway, and a detached two-car garage. The home also comes fully equipped with all appliances included and offers the convenience of coin-operated laundry in the basement. Outdoor spaces include a classic front porch and an elevated upper balcony, offering inviting areas to enjoy the seasons. Whether enjoyed from the welcoming porch or the serene upstairs balcony, the setting offers a peaceful backdrop for everyday living. The home is also conveniently close to seasonal events, including the beloved Garden Walk and more. Properties of this caliber—with refined character, endless potential, and storybook charm—are rare. This is your opportunity to own a true architectural gem that stands proudly as a cornerstone of Norwood Avenue since 1894.

Listing Agent

Maxwell Salman

Listing by AMP Equity Management License #10401381265 Listed on: 06/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,303

Year Built

  • Built in 1894

Lot Details

  • 4,320 Sq Ft Lot
  • Lot Dimensions are 40x108
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 3,102 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 140200-100-370-0009-012-000

Community Details

Overview

  • 3 Units
  • Holland Land Company's Su Subdivision

Building Details

  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,303

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Heat
  • Year Built: 1894
  • Lot Features: Corner Lot, Rectangular, Rectangular Lot
  • Subdivision Name: Holland Land Company's Su
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0992
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Concrete, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-100-370-0009-012-000
  • Lot Dimensions: 40X108
  • Lot Size Sq Ft: 4320.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Heat

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: 5303.0
  • Tax Lot: 12

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,601 $316,000 $74,500 $241,500
2023 $1,601 $316,000 $74,500 $241,500
2022 $1,589 $316,000 $74,500 $241,500
2021 $1,589 $316,000 $74,500 $241,500
2020 $1,501 $316,000 $74,500 $241,500
2019 $5,350 $195,000 $15,200 $179,800
2018 $5,034 $195,000 $15,200 $179,800
2017 $1,160 $195,000 $15,200 $179,800
2016 $4,747 $195,000 $15,200 $179,800
2015 -- $195,000 $15,200 $179,800
2014 -- $195,000 $15,200 $179,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $550,000 -3.5% $177 / Sq Ft
06/06/2025 06/06/25 For Sale $570,000 +21.3% $184 / Sq Ft
04/11/2023 04/11/23 Sold $470,000 +2.2% $152 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $459,900 +95.3% $148 / Sq Ft
08/07/2018 08/07/18 Sold $235,500 -1.5% $76 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $239,000 -0.4% $77 / Sq Ft
04/16/2018 04/16/18 Price Changed $240,000 -4.0% $77 / Sq Ft
03/28/2018 03/28/18 For Sale $250,000 -- $81 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $470,000 Chicago Title Insurance Co
Warranty Deed $470,000 None Available
Warranty Deed $470,000 Chicago Title Insurance Co
Deed $235,500 None Available
Deed $235,500 None Available
Deed $235,500 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $195,000 None Available
Deed $98,000 --
Deed $98,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 FHA
Previous Owner $430,402 FHA
Previous Owner $110,300 Credit Line Revolving
Previous Owner $211,950 Adjustable Rate Mortgage/ARM
Previous Owner $148,500 Unknown
Source: Public Records

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

MLS Number: B1612833

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-100-370-0009-012-000