NOT LISTED FOR SALE

281 Prospect Ave Buffalo, NY 14201

Lakeview Neighborhood

Estimated Value: $177,000 - $180,000

4 Beds
2 Baths
1,353 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2021

Last sale price $135,000 $100 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,138 / mo

5 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Rectangular Lot
  • Wood Flooring
  • Hot Water Heating System
  • Property is Fully Fenced

About This Home

As of March 2021

Great opportunity to own a West Side 2/2 double! Separate utilities, updated electric, newer H20 tanks & some windows, hardwood floors, spacious living rooms & eat-in kitchens. Full basement with laundry hookups, large fenced yard & ample street parking. Long term tenants in lower are paying $750 & move-in ready upper was previously getting $675. Whether you're looking to expand your portfolio or you're looking for the right property to start one, this is a solid investment! Sellers will review offers on Wednesday, Jan 13th at 10AM.

Last Agent to Sell the Property

Merredith Levin

Listing by Keller Williams Realty WNY License #10301215818 Listed on: 01/08/2021

Keller Williams Realty WNY

Last Buyer's Agent

Connor Smith

Listing by WNY Metro Roberts Realty License #10401283065

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1860

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,353 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Location

  • Property is near public transit

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes gardener, snow removal, trash collection, water
  • Tax Lot 30
  • Assessor Parcel Number 140200-110-280-0002-030-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,929

Year Built

Built in 1860

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal, Trash Collection, Water
  • Year Built: 1860
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Directions: Niagara to Maryland to Prospect. House is across from Top's.
  • Architectural Style: Duplex
  • Flooring: Ceramic Tile, Hardwood, Laminate, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Full
  • Acres: 0.0574
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fully Fenced
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Driveway, On Street

Utilities

  • Heating: Gas, Forced Air, Hot Water
  • 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: 140200-110-280-0002-030-000
  • Lot Dimensions: 25X100
  • Lot Size Sq Ft: 2500.0
  • ResoLotSizeUnits: Acres

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: 1929.0
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Smith Connor and Smith Jessica
Bought by
Great Space Llc
Current Estimated Value
$199,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,750
Outstanding Balance
$611,428
Interest Rate
6.32%
Mortgage Type
Commercial
Estimated Equity
-$433,095

Purchase Details

Closed on
Mar 8, 2023
Sold by
Murphy Andrew and Murphy Cynthia
Bought by
Smith Connor and Smith Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 26, 2021
Sold by
Balderman Lisa M and Rosenfeld Steven
Bought by
Murphy Andrew and Murphy Cynthia
Seller's Agent
Merredith Levin
Keller Williams Realty WNY
Buyer's Agent
Connor Smith
WNY Metro Roberts Realty
List Price
$109,900
Sold Price
$135,000
Premium/Discount to List
$25,100
22.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
Jul 27, 2014
Closed on
Oct 10, 2014
Sold by
Seneca Dean A and Seneca Joyce M
Bought by
Balderman Lisa M and Rosenfeld Steven
Seller's Agent
Robert Blake
HUNT Real Estate Corporation
Buyer's Agent
Robert Karp
Realty ONE Group Empower
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$45,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Great Space Llc -- None Available
Great Space Llc -- None Available
Smith Connor $150,000 Stewart Title Insurance Co
Smith Connor $150,000 Stewart Title Insurance Co
Smith Connor $150,000 Stewart Title Insurance Co
Smith Connor $150,000 Stewart Title Insurance Co
Murphy Andrew $135,000 None Available
Murphy Andrew $135,000 None Available
Murphy Andrew $135,000 None Available
Murphy Andrew $135,000 None Available
Balderman Lisa M $60,000 None Available
Balderman Lisa M $60,000 None Available
Balderman Lisa M $60,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Great Space Llc $621,750
Closed Great Space Llc $621,750
Previous Owner Smith Connor $140,000
Previous Owner Balderman Lisa M $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2021 03/08/21 Sold $135,000 +22.8% $100 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $109,900 +83.2% $81 / Sq Ft
10/17/2014 10/17/14 Sold $60,000 -7.6% $44 / Sq Ft View Prior Sale
08/04/2014 08/04/14 Pending -- -- --
07/27/2014 07/27/14 For Sale $64,900 -- $48 / 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
2025 $678 $160,000 $19,000 $141,000
2024 $678 $121,000 $11,400 $109,600
2023 $613 $121,000 $11,400 $109,600
2022 $608 $121,000 $11,400 $109,600
2021 $608 $121,000 $11,400 $109,600
2020 $246 $121,000 $11,400 $109,600
2019 $878 $32,000 $3,800 $28,200
2018 $826 $32,000 $3,800 $28,200
Source: Public Records

Agents Affiliated with this Home

  • Merredith Levin

    Seller's Agent in 2021

    Merredith Levin

    Keller Williams Realty WNY

    (716) 908-6111

    131 Total Sales

    Merredith Levin
    Section Image
  • Connor Smith

    Buyer's Agent in 2021

    Connor Smith

    WNY Metro Roberts Realty

    (716) 638-7069

    25 Total Sales

    Connor Smith
    Section Image
  • Robert Blake

    Seller's Agent in 2014

    Robert Blake

    Hunt Real Estate

    (716) 427-6536

    316 Total Sales

    Robert Blake
    Section Image
  • Robert Karp

    Buyer's Agent in 2014

    Robert Karp

    Realty ONE Group Empower

    (716) 553-9963

    4 in this area

    177 Total Sales

    Robert Karp
    Section Image
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Map

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

MLS Number: B1314180

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-110-280-0002-030-000

New York Erie County Buffalo 14201 Lakeview

281 Prospect Ave, Buffalo, NY

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