NOT LISTED FOR SALE

497 Massachusetts Ave Buffalo, NY 14213

West Side Neighborhood

Estimated Value: $161,000 - $344,990

4 Beds
2 Baths
2,900 Sq Ft
$89/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $42,000 $14 Per Sq Ft

Est. 517% increase in value since last sale

Current estimated payment $1,428/month

14 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Rectangular Lot
  • Full Attic
  • Forced Air Cooling System
  • 4-minute walk to Massachusetts Avenue Park

About This Home

As of February 2012

Looking for a great investment then look no further! Out of town investor is looking to sell his portfolio. Several homes can be combined as a package, they provide a solid return on investment. These homes are well maintained and have been professionally managed. Many of the units have quality tenants who would love to stay. Homes are located in good rental area and have been easily rented. Rental information is available. Don't wait call to schedule your appointment today!

Last Agent to Sell the Property

Kimberly Nemeth

Listing by Howard Hanna WNY Inc. License #40NE1056699 Listed on: 12/21/2011

Howard Hanna WNY Inc.

Co-Listed By

Ben Okonov

Listing by No Office Affiliation License #10401200978

Last Buyer's Agent

Annette Fachko

Listing by No Office Affiliation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 116 x 30
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Duplex
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Electric Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Parking

  • No Garage
  • Off-Site Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 140200-099-440-0005-003-000

Community Details

Overview

  • 2 Units
  • Buffalo Community
  • Buffalo Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Age: 111
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 44000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 30
  • Lot Shape: Rectangular
  • L P Per Acre: 522125.0000
  • List Price per Sq Ft: 14.4034
  • Nearest Cross Street: Essex
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 525000.00
  • Ratio Close Price By Sq Ft: 14.48
  • Ratio List Price By Acres: 522125.00
  • Ratio List Price By Sq Ft: 14.40
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Sale Price List Price: 1.0055
  • S P Per Acre: 525000.0000
  • S P Per Sq Ft: 14.4827
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 41770.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Massachusetts runs off Richmond or Niagara to Massachusetts
  • Subdivision Comm Complex: BUFFALO
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 2900

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.0800

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Off Premises

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: 140200-099-440-0005-003-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1100

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2012
Sold by
Burrunano Albert
Bought by
497 Massachusetts Ave Llc
Current Estimated Value
$258,998

Purchase Details

Closed on
Aug 16, 2005
Sold by
Cbw Holding Llc
Bought by
Berkovits David

Purchase Details

Closed on
Jun 15, 2005
Sold by
Gerace Rose
Bought by
Cbw Holdings Llc
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
497 Massachusetts Ave Llc $85,000 None Available
Berkovits David -- None Available
Cbw Holdings Llc $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $42,000 +0.6% $14 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $41,770 -- $14 / 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 $1,143 $204,000 $15,000 $189,000
2023 $1,060 $204,000 $15,000 $189,000
2022 $1,026 $204,000 $15,000 $189,000
2021 $1,026 $204,000 $15,000 $189,000
2020 $339 $204,000 $15,000 $189,000
2019 $1,207 $44,000 $4,700 $39,300
2018 $1,136 $44,000 $4,700 $39,300
2017 $262 $44,000 $4,700 $39,300
2016 $1,071 $44,000 $4,700 $39,300
2015 -- $44,000 $4,700 $39,300
2014 -- $44,000 $4,700 $39,300
Source: Public Records

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Map

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

MLS Number: B399305

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-440-0005-003-000

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