NOT LISTED FOR SALE

713 Prospect Ave Buffalo, NY 14213

West Side Neighborhood

Estimated Value: $269,000 - $323,952

5 Beds
2 Baths
4,398 Sq Ft
$70/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $87,300 $20 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $1,753/month

3 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Stained Glass
  • Full Attic
  • Balcony
  • Woodwork

About This Home

As of June 2013

Well-maintained 3-unit income property. Owners' unit is large and beautiful with 3 bedrooms, 1.5 baths, living room, dining room, eat-in kitchen and in-unit laundry. Upper unit has tons living space, 2 bedrooms, and 1 bath. Front bldg has large porch and upper unit has front and back balconies; stained glass windows; . Back unit has 2 bedrooms, 1 bath, and full dining and living rooms. Both bldgs have full attics and basement. Fully rented by good long-term tenants. Actual rent value is higher than rents currently charged. Two car garage. All showings to be between 3-7 on Friday, April 12th.

Last Agent to Sell the Property

Jessica Burgasser Hapeman

Listing by Superlative Real Estate, Inc. License #10301203876 Listed on: 03/20/2013

Last Buyer's Agent

Harriet Flanagan

Listing by Berkshire Hathaway Homeservices Zambito Realtors License #30FL0756893

Berkshire Hathaway Homeservices Zambito Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 1850

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 165 x 33
  • Rectangular Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 4,398 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • 2 Fireplaces
  • Electric Fireplace
  • Stained Glass
  • Leaded Glass Windows
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Linoleum

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Balcony
  • Shed

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 140200-099-660-0004-026-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,895

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 163
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 60000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 165
  • Lot Dimension Front: 33
  • Lot Information: Near Bus Line
  • Lot Shape: Rectangular
  • L P Per Acre: 730000.0000
  • List Price per Sq Ft: 21.5779
  • Nearest Cross Street: Connecticut
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 671538.46
  • Ratio Close Price By Sq Ft: 19.85
  • Ratio List Price By Acres: 730000.00
  • Ratio List Price By Sq Ft: 21.58
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 890
  • Sale Price List Price: 0.9199
  • S P Per Acre: 671538.4600
  • S P Per Sq Ft: 19.8500
  • Sub Board Code: Buffalo
  • Type of Residence: 1 Lot - Multi Structures, 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 94900.00
  • Year Built Description: Existing
  • Age of Building: 172
  • Year Built: 1850
  • Directions To Property: Niagara Street to Connecticut to Propsect
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1850

Interior Features

  • Additional Interior Features: Laundry- Separate Hook ups- Some, Leaded Glass - some, Natural Woodwork - some, Stained Glass - Some
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of Rooms: 21
  • Total Sq Ft: 4398

Exterior Features

  • Construction: Shake Shingle, Wood
  • Additional Exterior Features: Balcony
  • Number of Acres: 0.1300

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete, Parking Area

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

Schools

  • School District: Buffalo
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Parcel Number: 140200-099-660-0004-026-000

Rental Info

  • Certificate of Occupancy: Not Required
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2895

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2013
Closed on
Jun 24, 2013
Sold by
Madigan Robert E
Bought by
Hanaburgh Erin E
Seller's Agent
Jessica Burgasser Hapeman
Superlative Real Estate, Inc.
Buyer's Agent
Harriet Flanagan
Berkshire Hathaway Homeservices Zambito Realtors
List Price
$74,900
Sold Price
$87,300
Premium/Discount to List
$12,400
16.56%
Current Estimated Value
$306,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,438
Avg. Annual Appreciation
8.51%
Original Mortgage
$67,500
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2013
Sold by
Madigan Robert E and Madigan Matthew C
Bought by
Madigan Robert E

Purchase Details

Closed on
Feb 21, 2006
Sold by
Salemi Joseph
Bought by
Madigan Robert E and Conwell Matthew C

Purchase Details

Closed on
Jul 16, 1996
Source: Public Records

Range of Values:

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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
Hanaburgh Erin E $87,300 None Available
Madigan Robert E -- None Available
Madigan Robert E -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanaburgh Erin E $65,000
Closed Hanaburgh Erin E $24,425
Closed Hanaburgh Erin E $67,500
Previous Owner Arnone Francis D $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $87,300 +16.6% $20 / Sq Ft
03/23/2013 03/23/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $74,900 -- $17 / 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 $892 $176,000 $18,000 $158,000
2023 $892 $176,000 $18,000 $158,000
2022 $885 $176,000 $18,000 $158,000
2021 $885 $176,000 $18,000 $158,000
2020 $462 $176,000 $18,000 $158,000
2019 $1,646 $60,000 $4,600 $55,400
2018 $1,549 $60,000 $4,600 $55,400
2017 $357 $60,000 $4,600 $55,400
2016 $1,144 $60,000 $4,600 $55,400
2015 -- $60,000 $4,600 $55,400
2014 -- $60,000 $4,600 $55,400
Source: Public Records

Agents Affiliated with this Home

  • Jessica Burgasser Hapeman

    Seller's Agent in 2013

    Jessica Burgasser Hapeman

    Superlative Real Estate, Inc.

    (716) 553-8421

    38 Total Sales

    Section Image
  • Harriet Flanagan

    Buyer's Agent in 2013

    Harriet Flanagan

    Berkshire Hathaway Homeservices Zambito Realtors

    (716) 434-3850

    123 Total Sales

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Map

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

MLS Number: B425708

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-099-660-0004-026-000

New York Erie County Buffalo 14213 West Side

713 Prospect Ave, Buffalo, NY

This home is located at 713 Prospect Ave, Buffalo, NY 14213 since 20 March 2013 and is currently estimated at $306,738, approximately $69 per square foot. This property was built in 1850. 713 Prospect Ave is a home located in Erie County with nearby schools including Buffalo Creek Academy Charter School.

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