NOT LISTED FOR SALE

407 Norwood Ave Buffalo, NY 14222

Elmwood Bidwell Neighborhood

Estimated Value: $558,000 - $916,834

9 Beds
5 Baths
3,427 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $612,000 $179 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,372/month

55 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Thermal Windows
  • Finished Attic
  • Balcony
  • Stained Glass

About This Home

As of November 2020

Located in the heart of the highly coveted Elmwood Village, you'll love the original hardwood floors, original moldings and stained glass that give this home its' old world charm. This bright and sunny spacious 4-unit has excellent rental history and income. Meticulously maintained by owners who occupied the house recently, each unit even has a nest thermostat and door code entry locks. The home has a driveway, garage, and backyard and is nestled among friendly neighbors. Many recent updates include new 32 windows, new water heaters, plumbing, electric (5 new panels), partial roof, glass block in basement, paint and bathroom updates. This one is a must-see for investor or owner-occupied.

Last Agent to Sell the Property

David Augustynek

Listing by HUNT Real Estate Corporation License #10401275601 Listed on: 07/13/2020

HUNT Real Estate Corporation

Last Buyer's Agent

Deacon Tasker

Listing by HUNT Real Estate Corporation License #10401259325

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,602

Year Built

  • Built in 1910

Lot Details

  • 4,505 Sq Ft Lot
  • Lot Dimensions are 143 x 31
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,427 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Stained Glass
  • Leaded Glass Windows
  • Basement Fills Entire Space Under The House
  • Finished Attic

Flooring

  • Wood
  • Linoleum
  • Tile

Parking

  • 1.5 Car Garage
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Rent includes heat, hot water, snow removal
  • Tax Lot 26
  • Assessor Parcel Number 140200-100-290-0002-026-000

Community Details

Overview

  • 4 Units
  • Elmwood Village Community
  • Elmwood Village Subdivision

Building Details

  • 5 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,602

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 494000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 143
  • Lot Dimension Front: 31
  • Lot Information: Neighborhood Street
  • Lot Number: 26
  • Lot Shape: Rectangular
  • Nearest Cross Street: West Ferry
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 6120000.00
  • Ratio Close Price By Sq Ft: 178.58
  • Ratio List Price By Acres: 6399000.00
  • Ratio List Price By Sq Ft: 186.72
  • Regional Board Code: Buffalo
  • Rent Includes: Heat, Hot Water, Snow Removal
  • Roof Description: Asphalt
  • School Tax: 1711
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4505
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Breckenridge -> Norwood Ave
  • Subdivision Comm Complex: Elmwood Village
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Freestanding/Window AC, Leaded Glass - some, Natural Woodwork - some, Stained Glass - Some
  • Attic Description: Finished, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Linoleum/Vinyl
  • Total Sq Ft: 3427

Exterior Features

  • Construction: Brick, Wood
  • Additional Exterior Features: Balcony, Fully Fenced Yard, Patio, Private Yard - see Remarks, Thermal Windows - Some, Wood Screens/Storms-some
  • Number of Acres: 0.1000

Garage/Parking

  • Number of Electric Meters: 5
  • Number of Garage Spaces: 1.5000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water, Multi-Zone, Programmable Thermostat, AC Unit-Wall
  • Number of Gas Meters: 3
  • Number of Heating Units: 1
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Green Features

  • Energystar: Windows

Lot Info

  • Parcel Number: 140200-100-290-0002-026-000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 3602

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 9, 2020
Sold by
Paolini Tessa C
Bought by
Carraro Roberta M
Seller's Agent
David Augustynek
HUNT Real Estate Corporation
Buyer's Agent
Deacon Tasker
HUNT Real Estate Corporation
List Price
$639,900
Sold Price
$612,000
Premium/Discount to List
-$27,900
-4.36%
Current Estimated Value
$760,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,390
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Feb 13, 2017
Sold by
Wagner Marla and Wagner Michael F
Bought by
Paolini Tessa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,050
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2010
Sold by
Faulise Gaspare
Bought by
Tschieder Marla and Wagner Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
5.11%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Carraro Roberta M $612,000 None Available
Paolini Tessa C $495,000 None Available
Tschieder Marla $199,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paolini Tessa C $468,050
Previous Owner Wagner Michael $170,000
Previous Owner Tschieder Marla $159,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $612,000 -4.4% $179 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $639,900 -- $187 / 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 $2,503 $494,000 $75,000 $419,000
2023 $2,503 $494,000 $75,000 $419,000
2022 $2,484 $494,000 $75,000 $419,000
2021 $2,484 $494,000 $75,000 $419,000
2020 $1,501 $494,000 $75,000 $419,000
2019 $5,350 $195,000 $25,300 $169,700
2018 $5,034 $195,000 $25,300 $169,700
2017 $1,160 $195,000 $25,300 $169,700
2016 $4,430 $195,000 $25,300 $169,700
2015 -- $195,000 $25,300 $169,700
2014 -- $195,000 $25,300 $169,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Augustynek

    Hunt Real Estate

    (716) 440-9570

    1 in this area

    61 Total Sales

    Section Image
  • Deacon Tasker

    Buyer's Agent in 2020

    Deacon Tasker

    Hunt Real Estate

    (716) 208-7007

    22 in this area

    299 Total Sales

    Section Image
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Map

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

MLS Number: B1277853

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-100-290-0002-026-000

New York Erie County Buffalo 14222 Elmwood Bidwell

407 Norwood Ave, Buffalo, NY

This home is located at 407 Norwood Ave, Buffalo, NY 14222 since 13 July 2020 and is currently estimated at $759,709, approximately $221 per square foot. This property was built in 1910. 407 Norwood Ave is a home located in Erie County with nearby schools including Buffalo Creek Academy Charter School, Nardin Academy, and Nardin Academy High School.

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