NOT LISTED FOR SALE

289 Potomac Ave Buffalo, NY 14213

Upper West Side Neighborhood

Estimated Value: $354,000 - $506,000

7 Beds
3 Baths
3,590 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $330,000 $92 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,292/month

18 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Property is near bus stop
  • Balcony
  • Forced Air Cooling System
  • Partially Fenced Property

About This Home

As of April 2022

289 Potomac Ave.
Classic Gothic Victorian currently three distinct, spacious yet easy to manage units. Roof new in 2020, low maintenance exterior and an attached garage with full workshop or studio. First floor unit has big, open living spaces, two bedrooms and a great open kitchen. Walls, floors and surfaces fresh and redone. Completely updated and restored two bedroom upper with great bright living areas, a utility room and terrace. Spacious yet efficient third floor, two bedroom unit with updated kitchen and bathroom. Modern, separate and mostly updated mechanical systems. Seller will begin entertaining offers Monday February 21, 2022

Last Agent to Sell the Property

Matt Quagliano

Listing by Buffalo Home Sellers LLC License #40QU0743308 Listed on: 02/03/2022

Last Buyer's Agent

Christa Perrello

Listing by Realty ONE Group Empower License #10401279257

Realty ONE Group Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1915

Lot Details

  • 1,860 Sq Ft Lot
  • Lot Dimensions are 80 x 23
  • Partially Fenced Property

Parking

  • 1.5 Car Garage

Home Design

  • Brick Frame
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,590 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Partial Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

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

Additional Features

  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • Rent includes water
  • Tax Lot 1
  • Assessor Parcel Number 140200-088-750-0004-001-100

Community Details

Overview

  • 3 Units
  • Stevens Surv Community
  • Stevens Surv Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,328

Year Built

Built in 1915

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 163000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 80
  • Lot Dimension Front: 23
  • Lot Information: Near Bus Line
  • Lot Number: 1
  • Nearest Cross Street: Hoyt
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 7728337.24
  • Ratio Close Price By Sq Ft: 91.92
  • Ratio List Price By Acres: 6555035.13
  • Ratio List Price By Sq Ft: 77.97
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 1860
  • Age of Building: 107
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 3590
  • Directions To Property: From Greenwood to Potomac
  • Sq Ft Total Pub: 3590
  • Subdivision Comm Complex: Stevens Surv
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1915

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Total Sq Ft: 3590

Exterior Features

  • Construction: Brick and Frame
  • Additional Exterior Features: Balcony, Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.0427

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 1.5000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-088-750-0004-001-100

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2328

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 31, 2022
Sold by
Team Soda Properties Llc
Bought by
Frey Jason
Seller's Agent
Matt Quagliano
Buffalo Home Sellers LLC
Buyer's Agent
Christa Perrello
Realty ONE Group Empower
List Price
$279,900
Sold Price
$330,000
Premium/Discount to List
$50,100
17.9%
Current Estimated Value
$424,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,208
Avg. Annual Appreciation
6.91%

Purchase Details

Listed on
May 18, 2020
Closed on
Sep 14, 2020
Sold by
Caffery Llc
Bought by
Team Soda Properties Llc
Seller's Agent
William Feeley
Key Property Consulting Inc
Buyer's Agent
Melissa Liberatore
Keller Williams Realty Lancaster
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%
Original Mortgage
$187,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2014
Sold by
Tmaria Llc
Bought by
Caffrey Llc

Purchase Details

Closed on
Jun 6, 2012
Sold by
Faso Cahrles
Bought by
Tmaria Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Frey Jason $330,000 None Available
Team Soda Properties Llc $250,000 None Available
Caffrey Llc -- None Available
Tmaria Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Team Soda Properties Llc $187,500
Previous Owner Tmaria Llc $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2022 04/05/22 Sold $330,000 +17.9% $92 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $279,900 +12.0% $78 / Sq Ft
10/07/2020 10/07/20 Sold $250,000 -7.4% $70 / Sq Ft View Prior Sale
06/26/2020 06/26/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $269,900 0.0% $75 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $269,900 -- $75 / 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 $914 $163,000 $3,800 $159,200
2023 $826 $163,000 $3,800 $159,200
2022 $820 $163,000 $3,800 $159,200
2021 $820 $163,000 $3,800 $159,200
2020 $466 $163,000 $3,800 $159,200
2019 $1,660 $60,500 $3,300 $57,200
2018 $1,562 $60,500 $3,300 $57,200
2017 $360 $60,500 $3,300 $57,200
2016 $1,473 $60,500 $3,300 $57,200
2015 -- $60,500 $3,300 $57,200
2014 -- $60,500 $3,300 $57,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matt Quagliano

    Buffalo Home Sellers LLC

    (716) 471-9266

    3 in this area

    127 Total Sales

    Matt Quagliano
    Section Image

  • C

    Buyer's Agent in 2022

    Christa Perrello

    Realty ONE Group Empower

    (716) 907-5701

    2 in this area

    33 Total Sales

    Christa Perrello
    Section Image

  • W

    Seller's Agent in 2020

    William Feeley

    Key Property Consulting Inc

    (716) 472-8233

    13 Total Sales

    William Feeley
    Section Image
  • Melissa Liberatore

    Buyer's Agent in 2020

    Melissa Liberatore

    Keller Williams Realty Lancaster

    (716) 218-0488

    1 in this area

    270 Total Sales

    Melissa Liberatore
    Section Image
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Map

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

MLS Number: B1387648

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-088-750-0004-001-100

New York Erie County Buffalo 14213 Upper West Side

289 Potomac Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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