NOT LISTED FOR SALE

427 Potomac Ave Buffalo, NY 14213

Elmwood Bidwell Neighborhood

Estimated Value: $270,000 - $471,690

6 Beds
2 Baths
2,856 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $380,000 $133 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,420/month

23 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Property is near bus stop
  • Full Attic
  • Forced Air Cooling System
  • Outdoor Grill

About This Home

As of July 2022

Large double with original woodwork in immaculate condition. Three large bedrooms on each floor. Original stained glass intact. Classic Buffalo designed hardwood floors, moldings, and tile work. Updated kitchens and baths. Wide stair cases and doors. Stainless steel and all other appliances included with sale.

Last Agent to Sell the Property

Vincent Rondinelli

Listing by Rondinelli Real Estate License #10311207380 Listed on: 04/20/2022

Last Buyer's Agent

Christa Perrello

Listing by Realty ONE Group Empower License #10401279257

Realty ONE Group Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1900

Lot Details

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

Home Design

  • Stone Foundation
  • Frame Construction
  • Partial Copper Plumbing

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Available
  • PEX Plumbing
  • Gas Water Heater

Additional Features

  • Outdoor Grill
  • Property is near bus stop

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 9
  • Assessor Parcel Number 140200-088-760-0005-009-000

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,350

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 290000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 146
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 9
  • 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: 3777335.98
  • Ratio Close Price By Sq Ft: 133.05
  • Ratio List Price By Acres: 3578528.83
  • Ratio List Price By Sq Ft: 126.05
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 1500
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4380
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2856
  • Directions To Property: Richmond to Potomac
  • Sq Ft Total Pub: 2856
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Copper Plumbing - Some, Drapes - Some, Laundry- Separate Hook ups- Some, Laundry-Common, Pex Plumbing- Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Tile-Some, Wood-Some
  • Total Sq Ft: 2856

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Barbecue, Private Yard - see Remarks
  • Number of Acres: 0.1006

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

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

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4350

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 29, 2022
Sold by
Grimble Michael D
Bought by
Esquilin Julio Luis
Seller's Agent
Vincent Rondinelli
Rondinelli Real Estate
Buyer's Agent
Christa Perrello
Realty ONE Group Empower
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$439,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,536
Avg. Annual Appreciation
2.32%
Original Mortgage
$373,117
Outstanding Balance
$355,009
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$57,414

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:

--
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
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 $166,819
Previous Owner Markowitz David B $25,100
Previous Owner Markowitz David B $98,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $380,000 +5.6% $133 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/08/2022 05/08/22 Price Changed $360,000 -5.3% $126 / Sq Ft
04/20/2022 04/20/22 For Sale $380,000 -- $133 / 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 $1,625 $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

  • Vincent Rondinelli

    Seller's Agent in 2022

    Vincent Rondinelli

    Rondinelli Real Estate

    (716) 308-2491

    2 in this area

    51 Total Sales

    Vincent Rondinelli
    Section Image

  • C

    Buyer's Agent in 2022

    Christa Perrello

    Realty ONE Group Empower

    (716) 907-5701

    6 in this area

    33 Total Sales

    Christa Perrello
    Section Image
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Map

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

MLS Number: B1400180

Western New York Real Estate Information Services (WNYREIS)

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

New York Erie County Buffalo 14213 Elmwood Bidwell

427 Potomac Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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