NOT LISTED FOR SALE

543 Franklin St Buffalo, NY 14202

Allentown Neighborhood

Estimated Value: $729,000 - $742,000

5 Beds
4 Baths
5,088 Sq Ft
$145/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $440,000 $86 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,199/month

7 Days on Market

Highlights

  • 0.17 Acre Lot
  • 4-minute walk to Allen/Medical Campus
  • 2 Fireplaces
  • Wood Flooring
  • Full Attic
  • 1-minute walk to Tony Sisti Park

About This Home

As of July 2018

This multi-use, turn of the century building is loaded with character. The main building has a 2 bedroom apartment upstairs with a full bathroom, kitchen and living room. One of the bedrooms is being used as a laundry room and has a utility sink. Downstairs, there is a small office and a large commercial space. The back apartment is approximately 1588 SQ. FT. and has 2 bedrooms and 1.5 bathrooms and 1 car garage. Charming courtyard in back.
Plenty of parking in front of building.

Last Agent to Sell the Property

Ellen Daly

Listing by No Office Affiliation License #30DA0802229 Listed on: 05/01/2018

Co-Listed By

Joseph Farrauto

Listing by HUNT Commercial Real Estate Corp. of Buffalo New York License #10301211757

Last Buyer's Agent

Kurt Felgemacher

Listing by No Office Affiliation License #10401246035

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,844

Year Built

  • Built in 1900

Lot Details

  • 7,400 Sq Ft Lot
  • Lot Dimensions are 148 x 50

Parking

  • 1 Car Garage

Home Design

  • Mixed Use

Interior Spaces

  • 5,088 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Electric Fireplace
  • Partial Basement
  • Full Attic

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 14
  • Assessor Parcel Number 140200-100-700-0003-014-000

Community Details

Overview

  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,844

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 172500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 148
  • Lot Dimension Front: 50
  • Lot Information: Commercial Zoning
  • Lot Number: 14
  • Nearest Cross Street: North
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2589758.68
  • Ratio Close Price By Sq Ft: 86.48
  • Ratio List Price By Acres: 2348440.26
  • Ratio List Price By Sq Ft: 78.42
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Sub Board Code: Buffalo
  • Type of Residence: Mixed Use
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7400
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Allen St, Street to Franklin. Located between Allen St. and North St.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Not Repto Code: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 5088

Exterior Features

  • Construction: Brick
  • Number of Acres: 0.1699

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Radiant, Steam
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-100-700-0003-014-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 5844

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
3959 Main Street Inc
Bought by
Felgemacher John R and Felgemacher Amy D
Current Estimated Value
$737,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$311,294
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$390,773

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 20, 2018
Sold by
Pedaterre Properties Llc
Bought by
3959 Main Str Inc
Seller's Agent
Ellen Daly
No Office Affiliation
Buyer's Agent
Kurt Felgemacher
No Office Affiliation
List Price
$399,000
Sold Price
$440,000
Premium/Discount to List
$41,000
10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Lombardo James P
Bought by
Piedaterre Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2005
Sold by
Mcgennis Andrew J
Bought by
Lombardo James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,375
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Felgemacher John R -- Chicago Title Insurance Co
Felgemacher John R -- Chicago Title Insurance Co
3959 Main Str Inc $440,000 None Available
3959 Main Str Inc $440,000 None Available
Piedaterre Properties Llc $180,000 None Available
Piedaterre Properties Llc $180,000 None Available
Lombardo James P $172,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felgemacher John R $315,000
Closed Felgemacher John R $315,000
Previous Owner Piedaterre Properties Llc $144,000
Previous Owner Lombardo James P $129,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $440,000 +10.3% $86 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $399,000 -- $78 / 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 $2,194 $360,000 $73,500 $286,500
2023 $2,194 $433,000 $73,500 $359,500
2022 $2,177 $433,000 $73,500 $359,500
2021 $2,177 $433,000 $73,500 $359,500
2020 $1,328 $433,000 $73,500 $359,500
2019 $6,634 $172,500 $44,100 $128,400
2018 $6,132 $172,500 $44,100 $128,400
2017 $1,026 $172,500 $44,100 $128,400
2016 $5,773 $172,500 $44,100 $128,400
2015 -- $172,500 $44,100 $128,400
2014 -- $172,500 $44,100 $128,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Ellen Daly

    No Office Affiliation

    Section Image
  • Joseph Farrauto

    Seller Co-Listing Agent in 2018

    Joseph Farrauto

    Hunt Real Estate

    (716) 860-8541

    1 in this area

    122 Total Sales

    Joseph Farrauto
    Section Image

  • K

    Buyer's Agent in 2018

    Kurt Felgemacher

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1114437

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-100-700-0003-014-000

New York Erie County Buffalo 14202 Allentown

543 Franklin St, Buffalo, NY

This home is located at 543 Franklin St, Buffalo, NY 14202 since 01 May 2018 and is currently estimated at $737,064, approximately $144 per square foot. This property was built in 1900. 543 Franklin St is a home located in Erie County with nearby schools including Elmwood Village Charter School Days Park, Health Sciences Charter School, and Stanley G Falk School.

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