NOT LISTED FOR SALE

42 Prospect Place Buffalo, NY 14218

Estimated Value: $163,000 - $194,983

4 Beds
2 Baths
2,048 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $900 $0 Per Sq Ft

Est. 20,038% increase in value since last sale

Current estimated payment $1,197/month

30 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of September 2021

Well maintained 2/2 double awaits your portfolio. Move right in and let the tenant pay towards your mortgage, or continue to rent to the great tenants that are currently residing there. Roof is approx. 9 years old. Updated electrical. Natural woodwork. Glass block windows in the basement. Close to all conveniences. Current tenant is fantastic!

Last Agent to Sell the Property

Craig Van Tine

Listing by Van Tine Real Estate LLC License #10491204947 Listed on: 08/15/2021

Co-Listed By

Kimberly Van Tine

Listing by WNY Metro Roberts Realty License #10401249244

Last Buyer's Agent

Craig Van Tine

Listing by Van Tine Real Estate LLC License #10491204947 Listed on: 08/15/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

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

Parking

  • 2 Parking Spaces

Home Design

  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 3
  • Assessor Parcel Number 140900-142-530-0003-003-000

Community Details

Overview

  • 2 Units
  • Buffalo Crk Reservation Subdivision

Building Details

  • 2 Separate Gas Meters
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1910
  • Lot Features: Flood Zone, Rectangular
  • Road Frontage Type: Main Thoroughfare
  • Co List Office Mls Id: VNTE01
  • Co List Office Phone: 716-800-1155
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: South Park to Electric to Franklin to Prospect Right near park.
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Features: Storage
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Acres: 0.1061
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding

Garage/Parking

  • Parking Features: Concrete, Two or More Spaces

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: 140900-142-530-0003-003-000
  • 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
  • Annual Gross Income: 18000.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3278.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Jan 21, 2019
Sold by
Savino Bruce
Bought by
Lucas Stephanie
Seller's Agent
Diane Schafer Gawel
No Office Affiliation
Buyer's Agent
Craig Van Tine
Van Tine Real Estate LLC
List Price
$129,900
Sold Price
$109,000
Premium/Discount to List
-$20,900
-16.09%
Current Estimated Value
$181,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,246
Avg. Annual Appreciation
8.99%
Original Mortgage
$107,025
Outstanding Balance
$95,031
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$96,835

Purchase Details

Closed on
Jan 11, 2007
Sold by
Eszak Marilyn and Patronik Marsha
Bought by
Savino Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,050
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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
Lucas Stephanie $109,000 None Available
Savino Bruce $34,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trans Stephanie $107,025
Closed Lucas Stephanie $107,025
Previous Owner Savino Bruce $31,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $900 -99.4% $0 / Sq Ft
08/15/2021 08/15/21 For Sale $139,500 +28.0% $68 / Sq Ft
02/05/2019 02/05/19 Sold $109,000 -5.1% $53 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $114,900 -11.5% $56 / Sq Ft
09/05/2018 09/05/18 For Sale $129,900 -- $63 / 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 -- $110,000 $6,700 $103,300
2023 $2,544 $110,000 $6,700 $103,300
2022 $2,489 $110,000 $6,700 $103,300
2021 $2,512 $110,000 $6,700 $103,300
2020 $970 $110,000 $6,700 $103,300
2019 $2,958 $54,300 $4,000 $50,300
2018 $1,675 $54,300 $4,000 $50,300
2017 $851 $54,300 $4,000 $50,300
2016 $1,735 $54,300 $4,000 $50,300
2015 -- $54,300 $4,000 $50,300
2014 -- $54,300 $4,000 $50,300
Source: Public Records

Agents Affiliated with this Home

  • Craig Van Tine

    Seller's Agent in 2021

    Craig Van Tine

    Van Tine Real Estate LLC

    (716) 800-2005

    18 Total Sales

    Craig Van Tine
    Section Image
  • Kimberly Van Tine

    Seller Co-Listing Agent in 2021

    Kimberly Van Tine

    WNY Metro Roberts Realty

    (716) 536-9309

    1 in this area

    39 Total Sales

    Kimberly Van Tine
    Section Image

  • D

    Seller's Agent in 2019

    Diane Schafer Gawel

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1359900

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-530-0003-003-000

New York Erie County Buffalo 14218

42 Prospect Place, Buffalo, NY

This home is located at 42 Prospect Place, Buffalo, NY 14218 since 15 August 2021 and is currently estimated at $181,246, approximately $88 per square foot. This property was built in 1910. 42 Prospect Place is a home located in Erie County with nearby schools including Truman Elementary School, Martin Road Elementary School, and Lackawanna Middle School.

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