NOT LISTED FOR SALE

427 Potomac Ave Unit UPPER Buffalo, NY 14213

Elmwood Bidwell Neighborhood

Estimated Value: $347,000 - $455,783

2 Beds
1 Bath
1,400 Sq Ft
$291/Sq Ft Est. Value

Highlights

  • Den
  • Forced Air Cooling System
  • Living Room
  • Porch

About This Home

As of November 2022

A SHORT WALK TO THE BEST AREA IN ELMWOOD VILLAGE IS THIS LARGE 2 BED 1 BATH APARTMENT WITH BONUS ROOM. LARGE 2ND FLOOR UNIT OFFERS APPROX 1400 SQ FT OF LIVING SPACE. A MASSIVE DOUBLE LIVING ROOM (25X13), FORMAL DINING ROOM W/ FIREPLACE (13X12) AND EAT IN KITCHEN (18X12) WITH STAINLESS STEEL BUILT-IN MICROWAVE, REFRIGERATOR, STOVE & DISHWASHER. OFF THE DINING ROOM IS A 19X9 BEDROOM WITH A LARGE WALK IN CLOSET AND CUSTOM SLIDING BARN DOOR. AT THE REAR OF THE UNIT, AND JUST OFF THE THE KITCHEN, WILL BE THE 2ND BEDROOM. THERE'S ONE FULL BATH W/GRANITE COUNTER TOP, AMPLE STORAGE AND TILED BATH W/RAIN SHOWER HEAD. AT THE FRONT, AND OFF THE BONUS ROOM, YOU WILL ACCESS A LARGE FRONT PORCH OVERLOOKING THE FRONT YARD AND YOUR OFF-STREET PARKING SPACE. ON SITE LAUNDRY MACHINES ARE INCLUDED.

Last Agent to Rent the Property

Mike Hartke

Listing by Howard Hanna WNY Inc License #40HA1118942 Listed on: 10/30/2022

Howard Hanna WNY Inc

Last Renter's Agent

Mike Hartke

Listing by Howard Hanna WNY Inc License #40HA1118942 Listed on: 10/30/2022

Howard Hanna WNY Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 1900

Lot Details

  • 4,380 Sq Ft Lot
  • Lot Dimensions are 146 x 30

Interior Spaces

  • 1,400 Sq Ft Home
  • Living Room
  • Den

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Window Unit Cooling System

Community Details

  • Stevens Surv Community
  • Stevens Surv Subdivision

Listing and Financial Details

  • Rent includes lawn maintenance, recycling, refuse removal, water/sewer
  • 12 Month Lease Term
  • Date Available for Rent: 11
  • Tax Lot 9
  • Assessor Parcel Number 140200-088-760-0005-009-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,469

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 1 Year

Listing Details

  • Unit Style: 2 Family
  • NY Swis Code: Buffalo City-140200
  • Available: 11/01/2022
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 146
  • Lot Dimension Front: 30
  • Lot Number: 9
  • Nearest Cross Street: RICHMOND
  • Property Type: Residential Rental
  • Ratio Close Price By Acres: 13419.48
  • Ratio Close Price By Sq Ft: 0.96
  • Ratio List Price By Acres: 13419.48
  • Ratio List Price By Sq Ft: 0.96
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Recycling, Refuse Removal, Water/Sewer
  • Sub Board Code: Buffalo
  • Unit Type: Apartment
  • Year Built Description: Existing
  • Lot Sq Ft: 4380
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: RICHMOND AVE TO POTOMAC AVE. HEAD WEST ON POTOMAC AVE TO 427 POTOMAC AVE.
  • Subdivision Comm Complex: Stevens Surv
  • Unit: UPPER
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Den/Study, Laundry-Basement, Living Room, Porch - Open
  • Basement Description: Full
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1400

Exterior Features

  • Number of Acres: 0.1006

Garage/Parking

  • Driveway Description: Concrete, Shared
  • Parking Description: Off-Street

Utilities

  • Hvac Type: AC Unit-Window, Forced Air

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-088-760-0005-009-000

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Grimble Michael D
Bought by
Esquilin Julio Luis
Current Estimated Value
$407,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Outstanding Balance
$357,562
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$55,821

Purchase Details

Closed on
Dec 30, 2013
Sold by
Markowitz David B and Markowitz Alisa B
Bought by
Grimble Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,819
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2006
Sold by
Ganci Alissa M
Bought by
Markowitz David B and Markowitz Alisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,100
Interest Rate
6.43%
Mortgage Type
Stand Alone Second
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
Esquilin Julio Luis $380,000 None Available
Grimble Michael D $169,900 None Available
Markowitz David B $129,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esquilin Julio Luis $373,117
Previous Owner Grimble Michael D $45,000
Previous Owner Grimble Michael D $166,819
Previous Owner Markowitz David B $25,100
Previous Owner Markowitz David B $98,300
Previous Owner Ganci Alissa M $43,600
Previous Owner Ganci Alissa M $32,023
Previous Owner Ganci Alissa M $12,300
Previous Owner Ganci Alissa M $57,000
Previous Owner Ganci Alissa M $54,810
Previous Owner Baia Ronald J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2022 11/11/22 Rented $16,200 +1100.0% --
11/04/2022 11/04/22 Under Contract -- -- --
10/30/2022 10/30/22 For Rent $1,350 -- --
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 $1,469 $290,000 $21,000 $269,000
2023 $1,469 $290,000 $21,000 $269,000
2022 $1,458 $290,000 $21,000 $269,000
2021 $1,458 $290,000 $21,000 $269,000
2020 $885 $290,000 $21,000 $269,000
2019 $3,155 $115,000 $11,100 $103,900
2018 $2,969 $115,000 $11,100 $103,900
2017 $684 $115,000 $11,100 $103,900
2016 $2,799 $115,000 $11,100 $103,900
2015 -- $115,000 $11,100 $103,900
2014 -- $115,000 $11,100 $103,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1441754

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-088-760-0005-009-000