NOT LISTED FOR SALE

467 Fargo Ave Buffalo, NY 14213

West Side Neighborhood

Estimated Value: $191,000 - $214,000

5 Beds
3 Baths
2,173 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $152,500 $70 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,179/month

15 Days on Market

Highlights

  • Wood Flooring
  • Partially Fenced Property
  • 5-minute walk to Pat Sole Park
  • Forced Air Cooling System

About This Home

As of September 2022

Rare West Side 3 Unit Investment property with value-add opportunities. Property has extensive renovations to all mechanicals including 3 new electrical services and 3 new HVAC units. The 2nd floor features a large 2/1 unit with a tastefully remodeled eat in kitchen w updated backsplash. Well cared for hardwoods throughout, a large master with a sizable closet and southern exposure. Bath features ceramic tile, oversized vanity and new backsplash. Lower unit 1/1 has a large kitchen, a nice living space and bedroom; hardwoods throughout. Front unit studio has a long term tenant, and with some TLC could bring in bigger rents. Exterior just needs TLC. Day 1 cash flow. Great opportunity for a value-add property to your portfolio. Delayed showings until OPEN HOUSE SUNDAY 6/26/22. Offers if any due Fri 7/8 by 5pm.

Last Agent to Sell the Property

Nick Corto

Listing by HUNT Real Estate Corporation License #10401244740 Listed on: 06/23/2022

HUNT Real Estate Corporation

Last Buyer's Agent

Clinton Holcomb

Listing by Clinton Holcomb License #10351203052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1890

Lot Details

  • 1,988 Sq Ft Lot
  • Lot Dimensions are 71 x 28
  • Partially Fenced Property

Parking

  • Driveway

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,173 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 140200-099-580-0003-050-000

Community Details

Overview

  • 3 Units
  • City/Buffalo Community
  • City/Buffalo Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $26,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,729

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 109000
  • Foundation Description: Stone
  • Gross Annual Income: 26160
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 71
  • Lot Dimension Front: 28
  • Lot Information: Neighborhood Street
  • Lot Number: 50
  • Nearest Cross Street: Massachusetts
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 3344298.25
  • Ratio Close Price By Sq Ft: 70.18
  • Ratio List Price By Acres: 3287280.70
  • Ratio List Price By Sq Ft: 68.98
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 1180
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 1988
  • Age of Building: 132
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 2173
  • Directions To Property: Massachusetts to Fargo
  • Sq Ft Total Pub: 2173
  • Subdivision Comm Complex: City/Buffalo
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some
  • Total Sq Ft: 2173

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.0456

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: 4
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-099-580-0003-050-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1729

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 12, 2022
Sold by
416Homez Inc
Bought by
Mega Buffalo Llc
Seller's Agent
Nick Corto
HUNT Real Estate Corporation
Buyer's Agent
Clinton Holcomb
Clinton Holcomb
List Price
$149,900
Sold Price
$152,500
Premium/Discount to List
$2,600
1.73%
Current Estimated Value
$216,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,334
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Jun 19, 2019
Sold by
George Vincent P and George Anna Marie
Bought by
416 Homez Inc

Purchase Details

Closed on
Oct 1, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mega Buffalo Llc $152,500 None Available
416 Homez Inc $20,291 None Available
George Vincent P -- None Available
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $152,500 +1.7% $70 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $149,900 -- $69 / 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 $611 $109,000 $11,000 $98,000
2023 $552 $109,000 $11,000 $98,000
2022 $548 $109,000 $11,000 $98,000
2021 $548 $109,000 $11,000 $98,000
2020 $292 $109,000 $11,000 $98,000
2019 $1,040 $37,900 $3,500 $34,400
2018 $978 $37,900 $3,500 $34,400
2017 $225 $37,900 $3,500 $34,400
2016 $923 $37,900 $3,500 $34,400
2015 -- $37,900 $3,500 $34,400
2014 -- $37,900 $3,500 $34,400
Source: Public Records

Agents Affiliated with this Home

  • Nick Corto

    Seller's Agent in 2022

    Nick Corto

    Hunt Real Estate

    (716) 864-1929

    6 in this area

    94 Total Sales

    Nick Corto
    Section Image
  • Clinton Holcomb

    Buyer's Agent in 2022

    Clinton Holcomb

    Clinton Holcomb

    (716) 713-8818

    8 in this area

    29 Total Sales

    Clinton Holcomb
    Section Image
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Map

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

MLS Number: B1415426

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-580-0003-050-000

New York Erie County Buffalo 14213 West Side

467 Fargo Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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