NOT LISTED FOR SALE

Estimated Value: $451,000 - $574,000

5 Beds
2 Baths
2,880 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: January 21, 2022

Last sale price $437,500 $152 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,995 / mo

11 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Woodwork
  • City Honors School At Fosdick Masten Park Rated A
  • 2 Fireplaces
  • 2-minute walk to Bidwell Parkway

About This Home

As of January 2022

** LOCATION SAYS IT ALL ** 573 POTOMAC AVE IS LOCATED ONLY 4 HOMES FROM ELMWOOD AVE AND BIDWELL PKWY! FANTASTIC 2 FAMILY (1,440sq ft each) PROPERTY WITH RECENT EXTERIOR PAINT / WINDOWS / FRONT PORCH AND ROOF (2016). THE LOWER LEVEL, PREVIOUSLY A 3 BED UNIT, NOW A 2 BEDROOM, WITH A LARGE MASTER CLOSET/DRESSING ROOM. THIS UNIT COULD EASILY BE RETURNED TO THE ORIGINAL 3 BED FOR ADDITIONAL RENTAL INCOME IF DESIRED. THERE IS A RECENTLY RENOVATED KITCHEN AND FULL BATH ,HARDWOOD FLOORING, LARGE LIVING-DINING ROOM, FRONT PORCH, REAR PATIO, CENTRAL AC AND OFF STREET PARKING! THE UPPER UNIT OFFERS 3-4 BEDROOMS, FULL BATH, LARGE FRONT PORCH AND OFF STREET PARKING. LAUNDRY ON SITE, UPDATED ELECTRICAL, FURNACES AND ALL DUCTWORK PROFESSIONALLY CLEANED 10/2021. DON'T MISS OUT ON AN AMAZING OWNER OCCUPY OR INVESTMENT PROPERTY.

Last Agent to Sell the Property

Mike Hartke

Listing by Howard Hanna WNY Inc. License #40HA1118942 Listed on: 10/18/2021

Howard Hanna WNY Inc.

Last Buyer's Agent

Gabe Michael

Listing by No Office Affiliation License #10401298193

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,039

Year Built

  • Built in 1902

Lot Details

  • 5,032 Sq Ft Lot
  • Lot Dimensions are 34x148
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Location

  • Property is near public transit

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes trash collection, water
  • Tax Lot 14
  • Assessor Parcel Number 140200-089-690-0004-014-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,039

Year Built

Built in 1902

Lot Details

5,032 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1902
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: RICHMOND AVE TO POTOMAC. EAST ON POTOMAC TO 573 POTOMAC. POTOMAC IS A ONE WAY FROM RICHMOND AVE TO ELMWOOD AVE.
  • Architectural Style: Duplex
  • Flooring: Hardwood, Tile, Varies
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Fireplaces: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.1155
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Fully Fenced

Garage/Parking

  • Parking Features: Concrete, 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: Buffalo

Lot Info

  • Parcel Number: 140200-089-690-0004-014-000
  • Lot Dimensions: 34X148
  • Lot Size Sq Ft: 5032.0
  • 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: 3039.0
  • Tax Lot: 14

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Jan 18, 2022
Sold by
Bought by
Seller's Agent
Mike Hartke
Howard Hanna WNY Inc.
Buyer's Agent
Gabe Michael
No Office Affiliation
List Price
$419,900
Sold Price
$437,500
Premium/Discount to List
$17,600
4.19%
Current Estimated Value
$526,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,029
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,465
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,910
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 1996
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Elmwood Bidwell, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$437,500 None Available
$176,900 None Available
$169,900 None Available
$70,000 --
$79,366 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $218,762
Closed $181,465
Previous Owner $152,910
Previous Owner $63,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $437,500 +4.2% $152 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $419,900 0.0% $146 / Sq Ft
03/23/2018 03/23/18 Rented $1,350 -9.7% --
03/06/2018 03/06/18 Under Contract -- -- --
02/12/2018 02/12/18 Price Changed $1,495 -6.3% $1 / Sq Ft
01/19/2018 01/19/18 For Rent $1,595 -18.2% --
06/01/2017 06/01/17 Rented $1,950 0.0% --
04/23/2017 04/23/17 Under Contract -- -- --
04/14/2017 04/14/17 For Rent $1,950 +34.5% --
03/01/2016 03/01/16 Rented $1,450 -3.0% --
02/06/2016 02/06/16 Under Contract -- -- --
12/21/2015 12/21/15 For Rent $1,495 -99.0% --
11/21/2014 11/21/14 Rented $150,000 +9900.0% --
10/21/2014 10/21/14 Under Contract -- -- --
10/09/2014 10/09/14 For Rent $1,500 +7.1% --
02/28/2014 02/28/14 Rented $1,400 0.0% --
02/16/2014 02/16/14 Under Contract -- -- --
02/08/2014 02/08/14 For Rent $1,400 -- --
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,216 $435,000 $45,000 $390,000
2024 $1,216 $217,000 $24,000 $193,000
2023 $1,128 $217,000 $24,000 $193,000
2022 $1,091 $217,000 $24,000 $193,000
2021 $1,091 $217,000 $24,000 $193,000
2020 $1,316 $217,000 $24,000 $193,000
2019 $4,691 $171,000 $11,900 $159,100
2018 $4,415 $171,000 $11,900 $159,100
2017 $1,017 $171,000 $11,900 $159,100
2016 $3,846 $171,000 $11,900 $159,100
2015 -- $171,000 $11,900 $159,100
2014 -- $171,000 $11,900 $159,100
Source: Public Records

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Map

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

MLS Number: B1372086

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-089-690-0004-014-000

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