NOT LISTED FOR SALE

418 Potomac Ave Buffalo, NY 14213

Elmwood Bidwell Neighborhood

Estimated Value: $354,000 - $423,000

6 Beds
2 Baths
2,722 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $260,000 $96 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,369/month

84 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Thermal Windows
  • Full Attic
  • Fenced Yard
  • Leaded Glass Windows

About This Home

As of May 2020

Classic Buffalo 4/4 double on a dynamite street. Natural woodwork and leaded glass throughout both units. Updates include; tear off roof 2019, Pella windows, updated electrical, pex plumbing, glass block windows and more. Upper and lower porches. Full attic ready for expansion. Fenced yard provides a private garden oasis with concrete patio, stone walkways and pergola.

Last Agent to Sell the Property

Joshua Assad

Listing by Keller Williams Realty WNY License #10301209770 Listed on: 01/28/2020

Keller Williams Realty WNY

Last Buyer's Agent

Joshua Assad

Listing by Keller Williams Realty WNY License #10301209770 Listed on: 01/28/2020

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1900

Lot Details

  • 3,922 Sq Ft Lot
  • Lot Dimensions are 135 x 29
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,722 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • 2 Fireplaces
  • Electric Fireplace
  • Thermal Windows
  • Leaded Glass Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • No Driveway
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 45
  • Assessor Parcel Number 140200-088-760-0004-045-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,573

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 244000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 135
  • Lot Dimension Front: 29
  • Lot Information: Neighborhood Street
  • Lot Number: 45
  • Lot Shape: Rectangular
  • Nearest Cross Street: Richmond
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2888888.89
  • Ratio Close Price By Sq Ft: 95.52
  • Ratio List Price By Acres: 2998888.89
  • Ratio List Price By Sq Ft: 99.16
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1257
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3922
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: West on Potomac from Richmond. About halfway down the block on the right hand side.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Leaded Glass - some, Natural Woodwork - some, Pex Plumbing- Some
  • Attic Description: Full, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 2722

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Fully Fenced Yard, High Speed Internet, Patio, Thermal Windows - Some
  • Number of Acres: 0.0900

Garage/Parking

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

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

Lot Info

  • Parcel Number: 140200-088-760-0004-045-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3573

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
May 18, 2020
Sold by
Assad Joshua D and Assad Julia M
Bought by
Chopra Peter R
Seller's Agent
Joshua Assad
Keller Williams Realty WNY
Buyer's Agent
Joshua Assad
Keller Williams Realty WNY
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$433,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,700
Avg. Annual Appreciation
7.91%
Original Mortgage
$247,000
Outstanding Balance
$218,876
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$181,759

Purchase Details

Closed on
Oct 14, 2010
Sold by
Assad Julia M
Bought by
Assad Joshua D and Assad Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
4.36%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Chopra Peter R $260,000 None Available
Assad Joshua D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chopra Peter R $247,000
Previous Owner Assad Joshua D $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2020 05/21/20 Sold $260,000 -3.7% $96 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/07/2020 04/07/20 Price Changed $269,900 0.0% $99 / Sq Ft
04/07/2020 04/07/20 For Sale $269,900 +1.9% $99 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $264,900 -- $97 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,368 $244,000 $19,200 $224,800
2023 $1,236 $244,000 $19,200 $224,800
2022 $1,227 $244,000 $19,200 $224,800
2021 $1,227 $244,000 $19,200 $224,800
2020 $739 $244,000 $19,200 $224,800
2019 $2,634 $96,000 $10,300 $85,700
2018 $2,478 $96,000 $10,300 $85,700
2016 $2,337 $96,000 $10,300 $85,700
Source: Public Records

Agents Affiliated with this Home

  • Joshua Assad

    Seller's Agent in 2020

    Joshua Assad

    Keller Williams Realty WNY

    (716) 570-5401

    6 in this area

    126 Total Sales

    Joshua Assad
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Map

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

MLS Number: B1248400

Western New York Real Estate Information Services (WNYREIS)

APN: 140200 88.76-4-45

New York Erie County Buffalo 14213 Elmwood Bidwell

418 Potomac Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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