NOT LISTED FOR SALE

36 Prospect Place Buffalo, NY 14218

Estimated Value: $174,000 - $190,000

5 Beds
2 Baths
2,100 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $171,000 $81 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,177/month

44 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1 Car Garage

About This Home

As of May 2024

Welcome to 36 Prospect Place! A beautifully maintained two family home with great potential for any buyer! The first floor unit features a lovely enclosed sun room with plenty of natural light leading into a spacious living and dining room and three bedrooms plus a spacious kitchen and full bathroom. The upper unit features two bedrooms plus living and dining space and a full kitchen and bathroom. This home is a great opportunity for rental and to live in the lower unit and rent out the upper unit to help offset the mortgage! You won’t want to miss this opportunity! Showings begin Friday February 16th, 2024.

Last Agent to Sell the Property

Chaya Adelman

Listing by Arrowhead Property Management, LLC License #10401288129 Listed on: 02/13/2024

Last Buyer's Agent

Nicole Manges

Listing by Empire Realty Services Group, Inc. License #10311203322

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,354

Year Built

  • Built in 1945

Lot Details

  • 4,620 Sq Ft Lot
  • Lot Dimensions are 30x154

Parking

  • 1 Car Garage

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 140900-142-530-0003-005-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,354

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1945
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Center to Prospect
  • Flooring: Carpet, Hardwood, Laminate, Tile, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1061
  • Waterfront: No
  • Construction Type: Other, See Remarks

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete

Utilities

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

Schools

  • Junior High Dist: Lackawanna

Lot Info

  • Parcel Number: 140900-142-530-0003-005-000
  • Lot Dimensions: 30X154
  • Lot Size Sq Ft: 4620.0
  • ResoLotSizeUnits: Acres
  • 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: 3354.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 14, 2024
Sold by
Lmsm Propertys Llc
Bought by
Francesco Frances M
Seller's Agent
Chaya Adelman
Arrowhead Property Management, LLC
Buyer's Agent
Nicole Manges
Empire Realty Services Group, Inc.
List Price
$175,000
Sold Price
$171,000
Premium/Discount to List
-$4,000
-2.29%
Views
84
Current Estimated Value
$180,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,961
Avg. Annual Appreciation
0.98%
Original Mortgage
$131,000
Outstanding Balance
$126,078
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$47,086

Purchase Details

Closed on
Jul 18, 2022
Sold by
Mazur Michelle and M & T Bank
Bought by
Lmsm Propertys Llc

Purchase Details

Closed on
Aug 19, 1996
Sold by
Kingston Paul M
Bought by
Heim Brett F and Heim Rachel L
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
Francesco Frances M $171,000 None Available
Francesco Frances M $171,000 None Available
Lmsm Propertys Llc $110,200 None Available
Lmsm Propertys Llc $110,200 None Available
Lmsm Propertys Llc $110,200 None Available
Heim Brett F $85,000 --
Heim Brett F $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francesco Frances M $131,000
Closed Francesco Frances M $131,000
Previous Owner Mazur Matthew $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $171,000 -2.3% $81 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $175,000 0.0% $83 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $175,000 -- $83 / 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 -- $94,000 $6,700 $87,300
2023 $2,313 $94,000 $6,700 $87,300
2022 $1,999 $94,000 $6,700 $87,300
2021 $2,019 $94,000 $6,700 $87,300
2020 $739 $94,000 $6,700 $87,300
2019 $2,758 $51,000 $4,000 $47,000
2018 $1,369 $51,000 $4,000 $47,000
2017 $635 $51,000 $4,000 $47,000
2016 $1,472 $51,000 $4,000 $47,000
2015 -- $51,000 $4,000 $47,000
2014 -- $51,000 $4,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1521307

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-530-0003-005-000