$315,000
SOLD JAN 17, 2025

5054 Richmond Ave Buffalo, NY 14219

6 Beds
2 Baths
2,132 Sq Ft
8,540 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

13% Above List Price

11 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Woodwork
  • Orchard Park Middle School Rated A-
  • Wood Flooring
  • Sliding Doors

About This Home

As of January 2025

Welcome to 5054 Richmond Ave. Come and discover this brick and vinyl double located in the highly sought-after Orchard Park school district. Offering two units, each featuring 3 bedrooms with separate utilities, central air, and newer furnaces for year-round comfort and efficiency. Full basement offering separate laundry hook ups and ample storage. The fully fenced yard adds privacy and convenience. A detached garage complements the property, with a delightful sunroom at the back, ideal for relaxation or entertaining. Featuring a large deck, ideal for outdoor entertaining. Plus, there’s plenty of parking available for both units. The lower unit is occupied by long-term tenants who would love to stay, providing immediate rental income. Whether you’re looking to start your investment portfolio as an owner-occupant or expand with a reliable rental property, this is the perfect opportunity. Take the next step toward your real estate goals!
Open house Saturday November 16th 1pm-3pm. Negotiations will start Friday, 11/22 at 1PM.

Last Agent to Sell the Property

Elizabeth Bauch

Listing by WNY Metro Roberts Realty Brokerage Phone: 716-712-6790 License #10401301307 Listed on: 11/15/2024

WNY Metro Roberts Realty

Last Buyer's Agent

Jessica Laurendi

Listing by Howard Hanna WNY Inc License #10401258052

Howard Hanna WNY Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,583

Year Built

  • Built in 1973

Lot Details

  • 8,540 Sq Ft Lot
  • Lot Dimensions are 70x122
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • 2.5 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Sliding Doors
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 55
  • Assessor Parcel Number 144889-160-360-0003-055-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,583

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1973
  • Attribution Contact: 716-712-6790
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Abbott Rd to Richmond.
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Sliding Glass Door(s), Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.1961
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding, Copper Plumbing
  • Exterior Features: Deck, Fully Fenced
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Orchard Park

Lot Info

  • Parcel Number: 144889-160-360-0003-055-000
  • Lot Dimensions: 70X122
  • Lot Size Sq Ft: 8540.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6583.0
  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Jan 13, 2025
Sold by
Mejia Justin R
Bought by
Freeman Alex
Seller's Agent
Elizabeth Bauch
WNY Metro Roberts Realty
Buyer's Agent
Jessica Laurendi
Howard Hanna WNY Inc
List Price
$279,900
Sold Price
$315,000
Premium/Discount to List
$35,100
12.54%
Views
57
Current Estimated Value
$326,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,409
Avg. Annual Appreciation
3.21%
Original Mortgage
$315,000
Outstanding Balance
$313,301
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$7,921

Purchase Details

Listed on
Aug 31, 2012
Closed on
Nov 20, 2012
Sold by
Liberti Michelle L Michelle L
Bought by
Mejia Justin R Justin R
Seller's Agent
Lisa Dorman
Howard Hanna WNY Inc.
Buyer's Agent
William Zaehringer
eXp Realty
List Price
$142,000
Sold Price
$142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$145,053
Interest Rate
3.46%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 None Available
Warranty Deed $315,000 None Available
Deed $142,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 VA
Closed $315,000 VA
Previous Owner $145,053 VA
Previous Owner $98,940 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $315,000 +12.5% $148 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $279,900 +97.1% $131 / Sq Ft
11/05/2012 11/05/12 Sold $142,000 0.0% $67 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $142,000 -- $67 / 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 -- $88,400 $5,700 $82,700
2023 $6,363 $88,400 $5,700 $82,700
2022 $6,220 $88,400 $5,700 $82,700
2021 $6,258 $88,400 $5,700 $82,700
2020 $5,320 $88,400 $5,700 $82,700
2019 $4,666 $88,400 $5,700 $82,700
2018 $4,960 $88,400 $5,700 $82,700
2017 $2,424 $88,400 $5,700 $82,700
2016 $4,740 $88,400 $5,700 $82,700
2015 -- $88,400 $5,700 $82,700
2014 -- $88,400 $5,700 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1577112

Western New York Real Estate Information Services (WNYREIS)

APN: 144889-160-360-0003-055-000