NOT LISTED FOR SALE

327 Potomac Ave Buffalo, NY 14213

Elmwood Bidwell Neighborhood

Estimated Value: $302,000 - $369,000

6 Beds
2 Baths
2,400 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $190,000 $79 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,851/month

48 Days on Market

Highlights

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

About This Home

As of October 2017

327 Potomac Ave: Wonderfully, Classic West Side Two unit on an incredibly bright yard. Restored wood and shingle exterior, updated roof, restored open porches and an attached garage. Wonderful living rooms open to formal dining rooms, all accented by 1900's moldings, fireplaces, refinished oak floors and redone interior walls and ceilings. Updated kitchens, bathrooms and windows. Huge, easily developed open attic. Separate, modern and updated heating, electric, plumbing and hot water systems. Charming and beautiful double in great condition, free from any major improvement need for 15 or more years.

Last Agent to Sell the Property

Matt Quagliano

Listing by Buffalo Home Sellers LLC License #40QU0743308 Listed on: 07/03/2017

Last Buyer's Agent

Richard Grisanti

Listing by Serota Real Estate LLC License #10401277310

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1910

Lot Details

  • 1,728 Sq Ft Lot
  • Lot Dimensions are 72 x 24

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Parking

  • 1.5 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 water
  • Tax Lot 1
  • Assessor Parcel Number 140200-088-760-0007-001-000

Community Details

Overview

  • 2 Units
  • Stevens Surv Community
  • Stevens Surv Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,173

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 48000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 72
  • Lot Dimension Front: 24
  • Lot Information: Near Bus Line
  • Lot Number: 1
  • Nearest Cross Street: Hoyt
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 4785894.21
  • Ratio Close Price By Sq Ft: 79.17
  • Ratio List Price By Acres: 5035264.48
  • Ratio List Price By Sq Ft: 83.29
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 1728
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: From Grant to Potomac
  • Subdivision Comm Complex: Stevens Surv
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Number of Fireplaces Gas: 2
  • Number of Fireplaces Not Repto Code: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 2400

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0397

Garage/Parking

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

Lot Info

  • Parcel Number: 140200-088-760-0007-001-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1173

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Oct 16, 2017
Sold by
Flaherty Daniel K
Bought by
Jaccarino Mitchell A
Seller's Agent
Matt Quagliano
Buffalo Home Sellers LLC
Buyer's Agent
Richard Grisanti
Serota Real Estate LLC
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%
Current Estimated Value
$337,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,419
Avg. Annual Appreciation
7.44%
Original Mortgage
$186,558
Outstanding Balance
$155,535
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$181,884

Purchase Details

Listed on
May 14, 2015
Closed on
Jul 1, 2015
Sold by
Fowler Steven
Bought by
Flaherty Daniel K
Seller's Agent
Leslie Andrews
No Office Affiliation
Buyer's Agent
Amy Benjamin
HUNT Real Estate Corporation
List Price
$148,900
Sold Price
$160,000
Premium/Discount to List
$11,100
7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$157,102
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2013
Sold by
Masters Derek
Bought by
Fowler Steven

Purchase Details

Closed on
Oct 12, 2012
Sold by
Capobianco Zachary
Bought by
Masters Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2006
Sold by
Stanbro Gene
Bought by
Capobianco Zachary
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
Jaccarino Mitchell A $190,000 None Available
Flaherty Daniel K $155,000 None Available
Fowler Steven -- --
Masters Derek $21,500 --
Capobianco Zachary $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaccarino Mitchell A $186,558
Previous Owner Flaherty Daniel K $157,102
Previous Owner Masters Derek $21,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2017 10/31/17 Sold $190,000 -5.0% $79 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
08/14/2017 08/14/17 Price Changed $199,900 -4.8% $83 / Sq Ft
07/25/2017 07/25/17 Price Changed $209,900 -4.5% $87 / Sq Ft
07/03/2017 07/03/17 For Sale $219,900 +37.4% $92 / Sq Ft
07/21/2015 07/21/15 Sold $160,000 +7.5% $78 / Sq Ft View Prior Sale
05/23/2015 05/23/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $148,900 -- $73 / 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 $1,014 $181,000 $3,200 $177,800
2023 $917 $181,000 $3,200 $177,800
2022 $910 $181,000 $3,200 $177,800
2021 $910 $181,000 $3,200 $177,800
2020 $369 $181,000 $3,200 $177,800
2019 $1,317 $48,000 $2,900 $45,100
2018 $1,239 $48,000 $2,900 $45,100
2017 $286 $48,000 $2,900 $45,100
2016 $1,168 $48,000 $2,900 $45,100
2015 -- $48,000 $2,900 $45,100
2014 -- $48,000 $2,900 $45,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Matt Quagliano

    Buffalo Home Sellers LLC

    (716) 471-9266

    5 in this area

    124 Total Sales

    Matt Quagliano
    Section Image
  • Richard Grisanti

    Buyer's Agent in 2017

    Richard Grisanti

    Serota Real Estate LLC

    (716) 247-2439

    78 Total Sales

    Richard Grisanti
    Section Image

  • L

    Seller's Agent in 2015

    Leslie Andrews

    No Office Affiliation

    Section Image
  • Amy Benjamin

    Buyer's Agent in 2015

    Amy Benjamin

    Hunt Real Estate

    (716) 818-6430

    3 in this area

    55 Total Sales

    Amy Benjamin
    Section Image
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Map

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

MLS Number: B1059955

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-088-760-0007-001-000

New York Erie County Buffalo 14213 Elmwood Bidwell

327 Potomac Ave, Buffalo, NY

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