NOT LISTED FOR SALE

449 Fargo Ave Buffalo, NY 14213

West Side Neighborhood

Estimated Value: $250,000 - $277,000

7 Beds
3 Baths
2,718 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $140,000 $52 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,374/month

27 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Forced Air Cooling System

About This Home

As of June 2019

Hello investors! Will this hard to find West Side three unit be your next purchase? The 3 bedroom unit rents for $650, 2 bedroom rents for $550 and the 1 bedroom rents for $500. Total monthly income is $1700. Price reflects current condition....with some love this property could yield higher rents. There is a current Certificate of Occupancy issued from the City of Buffalo on this property. Call to take a look today.

Last Agent to Sell the Property

Renee J. Moran

Listing by Red Door Real Estate WNY LLC License #10491202951 Listed on: 04/01/2019

Last Buyer's Agent

Matthew Klafehn

Listing by Park Realty of WNY LLC License #10401244578

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $731

Year Built

  • Built in 1867

Lot Details

  • 4,666 Sq Ft Lot
  • Lot Dimensions are 140 x 33

Parking

  • Driveway

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,718 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Utilities

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

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 140200-099-580-0003-043-000

Community Details

Overview

  • 3 Units
  • South Vlg/Black Rock Community
  • South Vlg/Black Rock Subdivision

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$731

Year Built

Built in 1867

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 30000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 33
  • Lot Number: 43
  • Nearest Cross Street: Massachusetts
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1307189.54
  • Ratio Close Price By Sq Ft: 51.51
  • Ratio List Price By Acres: 1391223.16
  • Ratio List Price By Sq Ft: 54.82
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 270
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4666
  • Age of Building: 155
  • Year Built: 1867
  • Directions To Property: Property is on Fargo between Rhode Island and Massachusetts.
  • Subdivision Comm Complex: South Vlg/Black Rock
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1867

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Total Sq Ft: 2718

Exterior Features

  • Construction: Vinyl, Wood
  • Number of Acres: 0.1071

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-099-580-0003-043-000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 731

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Lipsitz Daniel
Bought by
716 Development Llc
Current Estimated Value
$257,491

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jun 3, 2019
Sold by
Vodka Properties Llc
Bought by
Lipsitz Daniel
Seller's Agent
Renee J. Moran
Red Door Real Estate WNY LLC
Buyer's Agent
Matthew Klafehn
Park Realty of WNY LLC
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$105,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2015
Sold by
Pinckney Jovan
Bought by
Vodka Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
716 Development Llc -- None Available
716 Development Llc -- None Available
716 Development Llc -- None Available
716 Development Llc -- None Available
Lipsitz Daniel $140,000 First American Title Ins Co
Lipsitz Daniel $140,000 First American Title Ins Co
Lipsitz Daniel $140,000 First American Title Ins Co
Vodka Properties Llc $19,000 None Available
Vodka Properties Llc $19,000 None Available
Vodka Properties Llc $19,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipsitz Daniel $205,100
Previous Owner Lipsitz Daniel $105,000
Previous Owner Pinckney Jovan $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $140,000 -6.0% $52 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $149,000 -- $55 / 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 $162 $32,000 $17,000 $15,000
2023 $162 $32,000 $17,000 $15,000
2022 $161 $32,000 $17,000 $15,000
2021 $161 $32,000 $17,000 $15,000
2020 $231 $32,000 $17,000 $15,000
2019 $823 $30,000 $5,400 $24,600
2018 $775 $30,000 $5,400 $24,600
2017 $178 $30,000 $5,400 $24,600
2016 $730 $30,000 $5,400 $24,600
2015 -- $30,000 $5,400 $24,600
2014 -- $30,000 $5,400 $24,600
Source: Public Records

Agents Affiliated with this Home

  • Renee J. Moran

    Seller's Agent in 2019

    Renee J. Moran

    Red Door Real Estate WNY LLC

    (716) 866-8361

    5 in this area

    272 Total Sales

    Renee J. Moran
    Section Image

  • M

    Buyer's Agent in 2019

    Matthew Klafehn

    Park Realty of WNY LLC

    (585) 415-4232

    3 in this area

    79 Total Sales

    Matthew Klafehn
    Section Image
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Map

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

MLS Number: B1181289

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-580-0003-043-000

New York Erie County Buffalo 14213 West Side

449 Fargo Ave, Buffalo, NY

This home is located at 449 Fargo Ave, Buffalo, NY 14213 since 01 April 2019 and is currently estimated at $257,491, approximately $94 per square foot. This property was built in 1867. 449 Fargo Ave is a home located in Erie County with nearby schools including Buffalo Creek Academy Charter School.

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