Caleb Canazzi
Blue Eagle Realty Corp.
(716) 403-2299
213 Total Sales
8 in West Side
$128K - $444K Price Range
405 Prospect Ave Buffalo, NY 14201
West Side Neighborhood
--
Beds
--
Baths
7,933
Sq Ft
5,250
Sq Ft Lot
Highlights
- Property is near public transit
- Wood Flooring
- Ceiling Fan
- City Honors School At Fosdick Masten Park Rated A
- Forced Air Heating System
- Coin Laundry
About This Home
As of October 2021All brick 6 unit building located in historic and architecturally charming West Side neighborhood one block from Niagara Street and a few blocks from D'Youville College. 405 Prospect is two buildings (front building 4 units, back building 2 units) with a newer tear off architectural shingle roof. Gas and electric is included in only 2 of the apartments, the other 4 units have separate gas and electric utility expenses maintained by existing tenants. The front building is well built with a strong stone basement and back house is slab on grade, mechanically the home features newer forced air units and hot water tanks, with circuit breakers, some new plumbing and mostly new vinyl windows. This building has been managed by the same owner since 2004 and shouldn't have a ton of deferred maintenance. Coin-op laundry in the basement. Rents can be increased with cosmetic upgrades to make this investment worth your time and energy, however the property is existing and performing in its current state. The potential gross income is $59,940 (all actual rents besides vacant unit) and net income is $38,684.85.
Last Agent to Sell the Property
Listing by Giambra Realty Corp License #10311210668 Listed on: 05/19/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,351
Year Built
- Built in 1900
Lot Details
- 5,250 Sq Ft Lot
- Lot Dimensions are 50x105
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Copper Plumbing
Interior Spaces
- 7,933 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Tile
Laundry
- Dryer
- Washer
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- PEX Plumbing
- Gas Water Heater
Community Details
- 6 Units
- Coin Laundry
- 5 Separate Gas Meters
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 140200-099-830-0004-023-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2021
Closed on
Oct 12, 2021
Sold by
Stoiber Dennis J
Bought by
Seller's Agent
Nicholas Giambra
Giambra Realty Corp
Buyer's Agent
John Wagner Jr.
HUNT Real Estate ERA
List Price
$524,000
Sold Price
$500,000
Premium/Discount to List
-$24,000
-4.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$335,216
Interest Rate
2.8%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Side, NY
-
Caleb Canazzi
-
Bo Gurney
Bo Gurney
Gurney Becker & Bourne
(716) 389-5286
34 Total Sales
2 in West Side
$60,000 Price Range
-
Allyson Matlock
Allyson Matlock
Keller Williams Realty WNY
(716) 403-2247
144 Total Sales
6 in West Side
$185K - $273K Price Range
-
Anthony Dubreville
Anthony Dubreville
Keller Williams Realty WNY
(716) 221-8737
108 Total Sales
2 in West Side
$345,000 Price Range
-
Shabbir Tung
Shabbir Tung
WNY Metro Roberts Realty
(716) 303-3729
71 Total Sales
4 in West Side
$75K - $101K Price Range
-
Mandy Taborda
Mandy Taborda
Danahy Real Estate
(716) 403-3108
125 Total Sales
4 in West Side
$150K - $265K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $500,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $375,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2021 10/13/21 | Sold | $500,000 | -4.6% | $63 / Sq Ft |
| 07/16/2021 07/16/21 | Pending | -- | -- | -- |
| 06/24/2021 06/24/21 | For Sale | $524,000 | 0.0% | $66 / Sq Ft |
| 05/19/2021 05/19/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $524,000 | -- | $66 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,404 | $496,100 | $42,000 | $454,100 |
| 2024 | $2,404 | $429,000 | $26,200 | $402,800 |
| 2023 | $2,174 | $429,000 | $26,200 | $402,800 |
| 2022 | $2,157 | $429,000 | $26,200 | $402,800 |
| 2021 | $2,157 | $429,000 | $26,200 | $402,800 |
| 2020 | $731 | $429,000 | $26,200 | $402,800 |
| 2019 | $3,653 | $95,000 | $5,300 | $89,700 |
| 2018 | $3,377 | $95,000 | $5,300 | $89,700 |
| 2017 | $565 | $95,000 | $5,300 | $89,700 |
| 2016 | $3,179 | $95,000 | $5,300 | $89,700 |
| 2015 | -- | $95,000 | $5,300 | $89,700 |
| 2014 | -- | $95,000 | $5,300 | $89,700 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Giambra
Seller's Agent in 2021
Nicholas Giambra
Giambra Realty Corp
(716) 670-3721
16 in this area
129 Total Sales
-
John Wagner Jr.
Buyer's Agent in 2021
John Wagner Jr.
Hunt Real Estate
(716) 913-9439
1 in this area
108 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1337957
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