$345,000
SOLD APR 1, 2025
3 Beds
2 Baths
2,981 Sq Ft
4,933 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

1% Below List Price

197 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Woodwork
  • Property is near public transit
  • 2 Fireplaces
  • Forced Air Heating System

About This Home

As of April 2025

This charming Elmwood Village Victorian home was built in 1892 as a single family home & was converted to a two-family in the 1940's. Plenty of original architectural features remain like oak hardwood floors, leaded glass windows, a stunning main staircase and beautiful fireplace mantles. The lower one bedroom apartment (leased until February 28, 2025) has high ceilings & large, bright rooms including a living room, dining room, eat-in kitchen, pantry, bedroom and a recently updated bathroom. The upper apartment (leased to 2/28/25) has a large first floor entry foyer, a bright living room with a bay window, dining room, large eat in kitchen, an updated bathroom, in-unit laundry and two bedrooms plus a front porch & a back deck and access to a huge unfinished attic ripe for future expansion. There are some newer windows and there are separate utilities for each apartment. Two new forced hot air furnaces (May 2024) & 2 100 amp circuit breaker boxes. The front porch decking has been recently replaced, the roof is approximately 17 years old. There is a large, fully fenced back yard. This is a well-maintained property with excellent tenants already in place.

Last Agent to Sell the Property

James Mack

Listing by Gurney Becker & Bourne Brokerage Phone: 716-445-5314 License #30MA0664888 Listed on: 09/16/2024

Co-Listed By

Christian Reitler

Listing by Gurney Becker & Bourne Brokerage Phone: 716-445-5314 License #10401290363

Last Buyer's Agent

Christian Reitler

Listing by Gurney Becker & Bourne Brokerage Phone: 716-445-5314 License #10401290363

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 1900

Lot Details

  • 4,933 Sq Ft Lot
  • Lot Dimensions are 33x148
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Copper Plumbing

Interior Spaces

  • 2,981 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Rent includes gardener, water
  • Tax Lot 13
  • Assessor Parcel Number 140200-099-440-0007-013-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $2,800
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,861

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Water
  • Year Built: 1900
  • Attribution Contact: 716-445-5314
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: GURN01
  • Co List Office Phone: 716-849-1234
  • Directions: 348 Richmond Avenue is located on the west side of the street, between West Utica and West Ferry, close to Anderson Place.
  • Architectural Style: Duplex
  • Flooring: Ceramic Tile, Hardwood, Varies, Vinyl
  • Interior Features: Ceiling Fan(s), Natural Woodwork
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Full
  • Acres: 0.1132
  • Waterfront: No
  • Construction Type: Frame, Copper Plumbing
  • Exterior Features: Deck, Fully Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-099-440-0007-013-000
  • Lot Dimensions: 33X148
  • Lot Size Sq Ft: 4933.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 2800.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4861.0
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Mar 13, 2025
Sold by
Allen Spencer B
Bought by
Zappi Gabriela Ruth and Zappi Sara Masri
Seller's Agent
James Mack
Gurney Becker & Bourne
Buyer's Agent
Christian Reitler
Gurney Becker & Bourne
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Views
28
Current Estimated Value
$361,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,610
Avg. Annual Appreciation
6.38%
Original Mortgage
$276,000
Outstanding Balance
$274,269
Interest Rate
6.63%
Mortgage Type
Commercial
Estimated Equity
$87,341

Purchase Details

Closed on
May 29, 2001
Sold by
Lindner Rosalyn A
Bought by
Munger Heather L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $345,000 None Available
Warranty Deed $105,000 --
Warranty Deed $105,000 --
Warranty Deed $105,000 --
Warranty Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $276,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2025 04/07/25 Pending -- -- --
04/01/2025 04/01/25 Sold $345,000 0.0% $116 / Sq Ft
10/16/2024 10/16/24 Off Market $345,000 -- --
10/16/2024 10/16/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $350,000 0.0% $117 / Sq Ft
10/10/2016 10/10/16 Rented $1,250 -3.5% --
10/10/2016 10/10/16 Under Contract -- -- --
09/02/2016 09/02/16 For Rent $1,295 -- --
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 $1,491 $266,000 $76,900 $189,100
2023 $1,348 $266,000 $76,900 $189,100
2022 $1,338 $266,000 $76,900 $189,100
2021 $1,338 $266,000 $76,900 $189,100
2020 $1,155 $266,000 $76,900 $189,100
2019 $4,115 $150,000 $15,600 $134,400
2018 $3,873 $150,000 $15,600 $134,400
2017 $892 $150,000 $15,600 $134,400
2016 $3,651 $150,000 $15,600 $134,400
2015 -- $150,000 $15,600 $134,400
2014 -- $150,000 $15,600 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1561527

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-440-0007-013-000