NOT LISTED FOR SALE

Estimated Value: $270,000 - $433,000

5 Beds
3 Baths
2,610 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $242,500 $93 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,972/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Rectangular Lot
  • Fenced Yard
  • Property is near bus stop
  • 3-minute walk to Prospect Park

About This Home

As of August 2019

Welcome to 508 Prospect Avenue * This unique, all brick triple unit is within walking distance to D'Youville College * beautifully maintained original woodwork, pocket doors with original hardware and carved wood main door entrance * New front stairs 2018, hot water tank 2018, roof approximately 10-15 years old * furnace 2011 * loads of storage space * fully fenced yard *Long time tenant (20 years) would like to stay * Great home for owner-occupied investor * offers due by 2 pm on Monday June 17th, 2019

Last Agent to Sell the Property

Margaret Pyrak

Listing by Howard Hanna WNY Inc. License #40PY0997115 Listed on: 06/10/2019

Howard Hanna WNY Inc.

Co-Listed By

Susan Caruana

Listing by Howard Hanna WNY Inc. License #40CA1002415

Last Buyer's Agent

Will Saperston

Listing by Saperston Real Estate Corp License #10311207117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1900

Lot Details

  • 3,420 Sq Ft Lot
  • Lot Dimensions are 114 x 30
  • Fenced Yard
  • Rectangular Lot

Parking

  • No Driveway

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Attic Stairs

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 140200-099-830-0002-003-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,095

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 75000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 114
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 3
  • Lot Shape: Rectangular
  • Nearest Cross Street: Porter Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 3089171.97
  • Ratio Close Price By Sq Ft: 92.91
  • Ratio List Price By Acres: 2928662.42
  • Ratio List Price By Sq Ft: 88.08
  • Regional Board Code: Buffalo
  • School Tax: 675
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3420
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From Porter Avenue, south on Niagara Street, left on Jersey Street, left onto Prospect (one way)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 2610

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Fully Fenced Yard
  • Number of Acres: 0.0785

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: No Driveway

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

Lot Info

  • Parcel Number: 140200-099-830-0002-003-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2095

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
508 Prospect Llc
Bought by
Shenal Patrick
Current Estimated Value
$360,024

Purchase Details

Listed on
Jun 10, 2019
Closed on
Aug 19, 2019
Sold by
Vanvolkenbyra Mary Van and Hoppe Bernadette M
Bought by
508 Prospect Llc
Seller's Agent
Margaret Pyrak
Howard Hanna WNY Inc.
Buyer's Agent
Will Saperston
Saperston Real Estate Corp
List Price
$229,900
Sold Price
$242,500
Premium/Discount to List
$12,600
5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Apr 30, 2018
Sold by
Hoppe Bernadette M
Bought by
Hoppe Bernadette M and Hoppe Van Volkenburg
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shenal Patrick $320,000 None Available
508 Prospect Llc $242,500 Chicago Title Insurance Co
Hoppe Bernadette M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2019 08/20/19 Sold $242,500 +5.5% $93 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $229,900 -- $88 / 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 $1,093 $195,000 $13,700 $181,300
2023 $988 $195,000 $13,700 $181,300
2022 $981 $195,000 $13,700 $181,300
2021 $981 $195,000 $13,700 $181,300
2020 $577 $195,000 $13,700 $181,300
2019 $2,058 $75,000 $4,800 $70,200
2018 $1,936 $75,000 $4,800 $70,200
2017 $446 $75,000 $4,800 $70,200
2016 $1,509 $75,000 $4,800 $70,200
2015 -- $75,000 $4,800 $70,200
2014 -- $75,000 $4,800 $70,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1200416

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-830-0002-003-000