NOT LISTED FOR SALE

291 Lafayette Ave Buffalo, NY 14213

Elmwood Bidwell Neighborhood

Estimated Value: $339,000 - $380,472

5 Beds
2 Baths
2,869 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $295,000 $103 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,964/month

40 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Property is near a bus stop
  • 2 Fireplaces
  • Ceramic Tile Flooring

About This Home

As of October 2022

Lovely 3/2 double in the heart of Buffalos West Side close to Lafayette High School & a quick walk to the Elmwood Strip with off street parking. Lower unit features hardwood floors, natural wood entry way, office area, large living room/dining room combo with fireplace and built-in bookshelf, large kitchen & 3 bedrooms one of which passes through to rear sunroom with sliding glass door. Light & bright upper unit features living room with fireplace, formal dining room, kitchen, 2 large bedrooms one with access to rear upper porch & large bathroom. Full attic with loads of potential & full basement with laundry & mechanicals.

Last Agent to Sell the Property

William Abels

Listing by HUNT Real Estate Corporation License #10301219347 Listed on: 05/29/2022

HUNT Real Estate Corporation

Last Buyer's Agent

Melissa Matera Gerace

Listing by Howard Hanna WNY Inc. License #10401285971

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1930

Lot Details

  • 4,484 Sq Ft Lot
  • Lot Dimensions are 118 x 38

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,869 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Ceramic Tile Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Parking

  • 1 Car Garage
  • Driveway

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 2
  • Assessor Parcel Number 140200-099-270-0004-002-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,961

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 123000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 38
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 2
  • Nearest Cross Street: HOYT
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2866861.03
  • Ratio Close Price By Sq Ft: 102.82
  • Ratio List Price By Acres: 2429543.25
  • Ratio List Price By Sq Ft: 87.14
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 580
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4484
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 2869
  • Directions To Property: Lafayette near Hoyt
  • Sq Ft Total Pub: 2869
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Ceramic-Some
  • Number of Fireplaces Not Repto Code: 2
  • Number of Fireplaces Other: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 2869

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1029

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-099-270-0004-002-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1961

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2022
Closed on
Aug 25, 2022
Sold by
Dawson Christopher
Bought by
Imhoff Martin William and Imhoff Sue Ann
Seller's Agent
William Abels
HUNT Real Estate Corporation
Buyer's Agent
Melissa Matera Gerace
Howard Hanna WNY Inc.
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Views
3
Current Estimated Value
$360,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,368
Avg. Annual Appreciation
6.85%
Original Mortgage
$234,400
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2008
Sold by
Balsamo Vito and Balsamo Anna
Bought by
Dawson Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2000
Sold by
Smith Michelle
Bought by
Mcdougald Arthur S

Purchase Details

Closed on
Nov 2, 1998
Sold by
Falsone Joseph J and Falsone Phyllis
Bought by
Balsamo Vito and Balsamo Anna
Source: Public Records

Range of Values:

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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
Imhoff Martin William $295,000 None Available
Imhoff Martin William $295,000 None Available
Imhoff Martin William $295,000 None Available
Dawson Christopher $75,000 None Available
Dawson Christopher $75,000 None Available
Mcdougald Arthur S -- --
Mcdougald Arthur S -- --
Balsamo Vito $58,300 --
Balsamo Vito $58,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Imhoff Martin William $234,400
Previous Owner Dawson Christopher $56,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $295,000 +18.0% $103 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $250,000 -9.4% $87 / Sq Ft
06/14/2022 06/14/22 Price Changed $275,900 -8.0% $96 / Sq Ft
05/29/2022 05/29/22 For Sale $299,900 -- $105 / 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 $623 $117,600 $6,800 $110,800
2023 $623 $123,000 $6,800 $116,200
2022 $618 $123,000 $6,800 $116,200
2021 $618 $123,000 $6,800 $116,200
2020 $577 $123,000 $6,800 $116,200
2019 $2,058 $75,000 $4,900 $70,100
2018 $1,936 $75,000 $4,900 $70,100
2017 $446 $75,000 $4,900 $70,100
2016 $1,826 $75,000 $4,900 $70,100
2015 -- $75,000 $4,900 $70,100
2014 -- $75,000 $4,900 $70,100
Source: Public Records

Agents Affiliated with this Home

  • William Abels

    Seller's Agent in 2022

    William Abels

    Hunt Real Estate

    (716) 465-3160

    24 in this area

    192 Total Sales

    William Abels
    Section Image
  • Melissa Matera Gerace

    Buyer's Agent in 2022

    Melissa Matera Gerace

    Howard Hanna

    (716) 472-3533

    3 in this area

    63 Total Sales

    Melissa Matera Gerace
    Section Image
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Map

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

MLS Number: B1409538

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-270-0004-002-000

New York Erie County Buffalo 14213 Elmwood Bidwell

291 Lafayette Ave, Buffalo, NY

This home is located at 291 Lafayette Ave, Buffalo, NY 14213 since 29 May 2022 and is currently estimated at $360,368, approximately $125 per square foot. This property was built in 1930. 291 Lafayette Ave is a home located in Erie County with nearby schools including West Buffalo Charter School, Buffalo Creek Academy Charter School, and Buffalo Seminary.

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