Seller's Agent in 2022
Ryan Burke
WNY Metro Roberts Realty
(716) 572-2848
14 in this area
181 Total Sales
429 Prospect Ave Buffalo, NY 14201
West Side Neighborhood
--
Bed
--
Bath
5,860
Sq Ft
8,250
Sq Ft Lot
Highlights
- 0.19 Acre Lot
- Property is near public transit
- Forced Air Heating System
- City Honors School At Fosdick Masten Park Rated A
- Wood Flooring
About This Home
As of May 2022*Interior pictures coming soon.* Welcome to this all brick 5 unit building located in historic and architecturally charming West Side neighborhood one block from Niagara Street and a few blocks from D'Youville College. This building is mechanically and structurally sound, roof/gutters and flashing are approximately 10 years old. There is off street parking with room to add more spots. The building consists of 4 (2) bedroom units and 1 (3) bedroom unit, with 5 gas meters and 5 electric meters. Currently 2 out of the 5 units are rented on a M2M basis and tenants are current on rental obligations. The 3 vacant units have been recently renovated and are ready for you to choose your own tenants! Potential gross income: $67,200, and after all expenses (including 10% management, 5% maintenance/repair and 5% vacancy) offering a 8.5% cap rate. Delayed showings until 3/21/22. Open House Saturday 3/26 from 1-3pm and Sunday 3/27 1-3pm. Offers are due 3/30 at 1pm.
Last Agent to Sell the Property
Listing by WNY Metro Roberts Realty License #10301222154 Listed on: 03/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,006
Year Built
- Built in 1900
Lot Details
- 8,250 Sq Ft Lot
- Lot Dimensions are 50x165
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,860 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven
- Gas Range
Flooring
- Wood
- Carpet
- Vinyl
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 5 Units
- 5 Separate Gas Meters
Listing and Financial Details
- Rent includes trash collection, water
- Tax Lot 28
- Assessor Parcel Number 140200-099-830-0004-028-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2022
Closed on
May 19, 2022
Sold by
Bought by
Seller's Agent
Ryan Burke
WNY Metro Roberts Realty
Buyer's Agent
Matt Kane
Casey Kane Real Estate LLC
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
0.0472%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 5, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
0.0647%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $550,000 | None Available | ||
| $92,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $440,000 | ||
| Closed | $80,000 | ||
| Previous Owner | $52,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2022 05/24/22 | Sold | $550,000 | +10.0% | $94 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
| 03/07/2022 03/07/22 | For Sale | $500,000 | -- | $85 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,513 | $484,200 | $66,000 | $418,200 |
| 2024 | $1,513 | $270,000 | $41,300 | $228,700 |
| 2023 | $1,368 | $270,000 | $41,300 | $228,700 |
| 2022 | $1,358 | $270,000 | $41,300 | $228,700 |
| 2021 | $1,358 | $270,000 | $41,300 | $228,700 |
| 2020 | $693 | $270,000 | $41,300 | $228,700 |
| 2019 | $3,461 | $90,000 | $8,300 | $81,700 |
| 2018 | $3,200 | $90,000 | $8,300 | $81,700 |
| 2017 | $535 | $90,000 | $8,300 | $81,700 |
| 2016 | $3,012 | $90,000 | $8,300 | $81,700 |
| 2015 | -- | $90,000 | $8,300 | $81,700 |
| 2014 | -- | $90,000 | $8,300 | $81,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Burke
-
Nicholas Giambra
Seller Co-Listing Agent in 2022
Nicholas Giambra
Giambra Realty Corp
(716) 670-3721
18 in this area
137 Total Sales
-
Matt Kane
M
Buyer's Agent in 2022
Matt Kane
Casey Kane Real Estate LLC
(716) 352-7567
1 in this area
20 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1392058
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