NOT LISTED FOR SALE

407 Massachusetts Ave Buffalo, NY 14213

West Side Neighborhood

Estimated Value: $135,000 - $256,000

5 Beds
2 Baths
2,544 Sq Ft
$78/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $60,000 $24 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $1,099/month

6 Days on Market

Highlights

  • Partial Attic
  • Wall to Wall Carpet
  • 1-minute walk to Massachusetts Avenue Park
  • Forced Air Cooling System

About This Home

As of March 2018

Two unit property, lower in vacant. Perfect for owner occupied or additional rental income. No driveway.

Last Agent to Sell the Property

Matthew Reitz

Listing by Atlas Realty Trading Co LLC License #10401213082 Listed on: 02/01/2018

Last Buyer's Agent

Kevin Koszuta

Listing by Boulevard Real Estate WNY License #10491205788

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $787

Year Built

  • Built in 1880

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30

Parking

  • No Driveway

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wall to Wall Carpet
  • Laminate

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 3
  • Assessor Parcel Number 140200-099-440-0009-003-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$787

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 31500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • Lot Number: 3
  • Nearest Cross Street: W Utica Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 870827.29
  • Ratio Close Price By Sq Ft: 23.58
  • Ratio List Price By Acres: 1014513.79
  • Ratio List Price By Sq Ft: 27.48
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3000
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: Between West Utica and West Ferry
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2544

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.0689

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

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: 140200-099-440-0009-003-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 787

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 9, 2018
Sold by
Saree Properties Llc
Bought by
Raz Ori
Seller's Agent
Matthew Reitz
Atlas Realty Trading Co LLC
Buyer's Agent
Kevin Koszuta
Boulevard Real Estate WNY
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Current Estimated Value
$197,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,515
Avg. Annual Appreciation
16.70%

Purchase Details

Closed on
Jan 9, 2017
Sold by
Vkm Llc
Bought by
Saree Properties Llc

Purchase Details

Closed on
Jul 31, 2015
Sold by
Liberty Group Investments Llc
Bought by
Vkm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2012
Sold by
Watson Washburn W
Bought by
Liberty Group Investments Llc

Purchase Details

Closed on
Jun 26, 2007
Sold by
Morreale Salvatore
Bought by
Watson Washburn W

Purchase Details

Closed on
Oct 20, 1998
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Raz Ori $60,000 None Available
Saree Properties Llc -- None Available
Saree Properties Llc -- None Available
Vkm Llc $90,000 None Available
Vkm Llc $90,000 None Available
Vkm Llc $90,000 None Available
Liberty Group Investments Llc $21,500 None Available
Watson Washburn W $22,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vkm Llc $90,000
Previous Owner Acevedo Jeffrey $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $60,000 -14.2% $24 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $69,900 -- $27 / 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 $304 $60,000 $15,000 $45,000
2023 $304 $60,000 $15,000 $45,000
2022 $302 $60,000 $15,000 $45,000
2021 $302 $60,000 $15,000 $45,000
2020 $242 $60,000 $15,000 $45,000
2019 $864 $31,500 $4,400 $27,100
2018 $813 $31,500 $4,400 $27,100
2017 $187 $31,500 $4,400 $27,100
2016 $767 $31,500 $4,400 $27,100
2015 -- $31,500 $4,400 $27,100
2014 -- $31,500 $4,400 $27,100
Source: Public Records

Agents Affiliated with this Home

  • Matthew Reitz

    Seller's Agent in 2018

    Matthew Reitz

    Atlas Realty Trading Co LLC

    (716) 880-0953

    2 in this area

    105 Total Sales

    Matthew Reitz
    Section Image
  • Kevin Koszuta

    Buyer's Agent in 2018

    Kevin Koszuta

    Boulevard Real Estate WNY

    (716) 310-1695

    3 in this area

    141 Total Sales

    Kevin Koszuta
    Section Image
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Map

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

MLS Number: B1097041

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-440-0009-003-000

New York Erie County Buffalo 14213 West Side

407 Massachusetts Ave, Buffalo, NY

This home is located at 407 Massachusetts Ave, Buffalo, NY 14213 since 01 February 2018 and is currently estimated at $197,515, approximately $77 per square foot. This property was built in 1880. 407 Massachusetts Ave is a home located in Erie County with nearby schools including Buffalo Creek Academy Charter School and Nardin Academy.

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