NOT LISTED FOR SALE

471 Prospect Ave Buffalo, NY 14201

West Side Neighborhood

Estimated Value: $227,000 - $294,000

6 Beds
2 Baths
2,202 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $56,000 $25 Per Sq Ft

Est. 372% increase in value since last sale

Current estimated payment $1,451/month

7 Days on Market

Highlights

  • Full Attic
  • Property is near bus stop
  • 4-minute walk to Prospect Park
  • Forced Air Cooling System

About This Home

As of April 2020

471 Prospect Ave. Tremendous Restoration and Rehab Opportunity. Lower maintenance exterior, open porches, separate, modern utilities. Traditional floor plans with dining rooms, three bedrooms each and some bathroom updates. Great Opportunity to totally update and restore.

Last Agent to Sell the Property

Matt Quagliano

Listing by Buffalo Home Sellers LLC License #40QU0743308 Listed on: 02/25/2020

Last Buyer's Agent

Mike Maywalt

Listing by Maywalt Realty Group License #37MA1173652

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1900

Lot Details

  • 1,755 Sq Ft Lot
  • Lot Dimensions are 65 x 27

Parking

  • No Driveway

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,202 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 12
  • Assessor Parcel Number 140200-099-830-0003-012-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,344

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 55000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 65
  • Lot Dimension Front: 27
  • Lot Information: Near Bus Line
  • Lot Number: 12
  • Nearest Cross Street: Carolina
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1389578.16
  • Ratio Close Price By Sq Ft: 25.43
  • Ratio List Price By Acres: 1116625.31
  • Ratio List Price By Sq Ft: 20.44
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 1755
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From Carolina to Prospect.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full
  • Basement Description: Full
  • Total Sq Ft: 2202

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0403

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-099-830-0003-012-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1344

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 20, 2020
Sold by
Skm Properties Inc
Bought by
Maywalt Michael F and Bargnesi James
Seller's Agent
Matt Quagliano
Buffalo Home Sellers LLC
Buyer's Agent
Mike Maywalt
Maywalt Realty Group
List Price
$45,000
Sold Price
$56,000
Premium/Discount to List
$11,000
24.44%
Current Estimated Value
$264,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,584
Avg. Annual Appreciation
31.07%

Purchase Details

Closed on
Aug 26, 2013
Sold by
Fontanez Ruben and Fontanez Annette
Bought by
Skm Properties Inc
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
Maywalt Michael F $56,000 None Available
Skm Properties Inc $60,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2020 04/29/20 Sold $56,000 +24.4% $25 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $45,000 -- $20 / 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 $919 $164,000 $9,000 $155,000
2023 $831 $164,000 $9,000 $155,000
2022 $825 $164,000 $9,000 $155,000
2021 $825 $164,000 $9,000 $155,000
2020 $423 $164,000 $9,000 $155,000
2019 $1,509 $55,000 $3,300 $51,700
2018 $1,420 $55,000 $3,300 $51,700
2017 $327 $55,000 $3,300 $51,700
2016 $1,339 $55,000 $3,300 $51,700
2015 -- $55,000 $3,300 $51,700
2014 -- $55,000 $3,300 $51,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Matt Quagliano

    Buffalo Home Sellers LLC

    (716) 471-9266

    6 in this area

    132 Total Sales

    Matt Quagliano
    Section Image

  • M

    Buyer's Agent in 2020

    Mike Maywalt

    Maywalt Realty Group

    (716) 863-1756

    1 in this area

    56 Total Sales

    Mike Maywalt
    Section Image
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Map

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

MLS Number: B1253347

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-830-0003-012-000

New York Erie County Buffalo 14201 West Side

471 Prospect Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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