NOT LISTED FOR SALE

688 Prospect Ave Buffalo, NY 14213

West Side Neighborhood

Estimated Value: $172,289 - $269,000

5 Beds
2 Baths
3,060 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 24, 2015

Last sale price $81,000 $26 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $1,343/month

39 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 4-minute walk to Prospect Park
  • Partial Attic

About This Home

As of August 2015

Large double close to Dyouville College. Great opportunity for owner occupant or investor. Off street parking. Some mechanical updates.

Last Agent to Sell the Property

James Rhoades

Listing by Rhoades Real Estate License #10311204457 Listed on: 04/22/2015

Last Buyer's Agent

Matthew Klafehn

Listing by Park Realty of WNY LLC License #10401244578

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1850

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 114 x 36

Parking

  • No Garage

Interior Spaces

  • 3,060 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wood
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 140200-099-660-0003-021-000

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

$1,285

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Age: 165
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 55000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 114
  • Lot Dimension Front: 36
  • Lot Information: Neighborhood Street
  • L P Per Acre: 998888.8900
  • List Price per Sq Ft: 29.3790
  • Nearest Cross Street: Vermont
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 900000.00
  • Ratio Close Price By Sq Ft: 26.47
  • Ratio List Price By Acres: 998888.89
  • Ratio List Price By Sq Ft: 29.38
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Refuse Removal, Water
  • Sale Price List Price: 0.9010
  • S P Per Acre: 900000.0000
  • S P Per Sq Ft: 26.4700
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 89900.00
  • Year Built Description: Existing
  • Age of Building: 172
  • Year Built: 1850
  • Directions To Property: Connecticut
  • Subdivision Comm Complex: BUFFALO
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1850

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Number of Rooms: 14
  • Total Sq Ft: 3060

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0900

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-099-660-0003-021-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1285

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Aug 4, 2015
Sold by
Folga Ronald D
Bought by
Oboyle Michael A
Seller's Agent
James Rhoades
Rhoades Real Estate
Buyer's Agent
Matthew Klafehn
Park Realty of WNY LLC
List Price
$89,900
Sold Price
$81,000
Premium/Discount to List
-$8,900
-9.9%
Current Estimated Value
$250,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,031
Avg. Annual Appreciation
10.70%
Original Mortgage
$60,750
Outstanding Balance
$48,562
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$185,260

Purchase Details

Closed on
Jun 6, 2011
Sold by
Colon Miriam and Sanchez Miriam
Bought by
Folga Ronald D

Purchase Details

Closed on
Dec 12, 2005
Sold by
Karicia Properties Corp
Bought by
Sanchez Miriam

Purchase Details

Closed on
Dec 17, 2003
Sold by
Bloom Management Inc
Bought by
Karicia Properties Corp

Purchase Details

Closed on
Oct 5, 2000
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bloom Management Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oboyle Michael A $81,000 None Available
Folga Ronald D $24,000 None Available
Sanchez Miriam -- None Available
Karicia Properties Corp $45,000 --
Bloom Management Inc $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oboyle Michael A $60,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2015 08/24/15 Sold $81,000 -9.9% $26 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $89,900 -- $29 / 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 $499 $89,000 $16,000 $73,000
2023 $451 $89,000 $16,000 $73,000
2022 $448 $89,000 $16,000 $73,000
2021 $448 $89,000 $16,000 $73,000
2020 $423 $89,000 $16,000 $73,000
2019 $1,509 $55,000 $5,100 $49,900
2018 $1,420 $55,000 $5,100 $49,900
2017 $327 $55,000 $5,100 $49,900
2016 $1,339 $55,000 $5,100 $49,900
2015 -- $55,000 $5,100 $49,900
2014 -- $55,000 $5,100 $49,900
Source: Public Records

Agents Affiliated with this Home

  • James Rhoades

    Seller's Agent in 2015

    James Rhoades

    Rhoades Real Estate

    (716) 830-8085

    5 in this area

    72 Total Sales

    James Rhoades
    Section Image

  • M

    Buyer's Agent in 2015

    Matthew Klafehn

    Park Realty of WNY LLC

    (585) 415-4232

    2 in this area

    75 Total Sales

    Matthew Klafehn
    Section Image
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Map

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

MLS Number: B472786

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-660-0003-021-000

New York Erie County Buffalo 14213 West Side

688 Prospect Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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