NOT LISTED FOR SALE

812 Potomac Ave Buffalo, NY 14209

Elmwood Bidwell Neighborhood

Estimated Value: $440,000 - $493,000

6 Beds
2 Baths
2,790 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $430,000 $154 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,603/month

8 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating System
  • Balcony
  • Awning
  • 2 Car Garage

About This Home

As of September 2024

Welcome to 812 Potomac! This 3/3 double is located in the Delaware District on the highly desired block between Chapin Pkwy & Delaware Ave, walking distance to Elmwood Village, Delaware Park, AKG Art Museum, Bidwell Farmer's Market, restaurants, shopping, etc etc!!!! Both units are bright with an abundance of windows and feature generous rooms, stunning hardwood floors with inlay details, bonus spaces and an outdoor porch with awning to enjoy the beautiful tree lined street. The walk up attic is a huge area with two rooms and loads of potential! Full basement allows for plenty of storage. There is even off street parking with a driveway and two car garage! Updated mechanicals include a new roof in 2020 (total tear off). Great long term tenants in both units. Showings begin Tuesday 6/11 with offers due Tuesday 6/18 by noon.

Last Agent to Sell the Property

Jennifer Ricotta

Listing by Rhoades Real Estate License #10401292873 Listed on: 06/10/2024

Last Buyer's Agent

Alan Miller

Listing by Signature Real Estate Services License #10401326370

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,624

Year Built

  • Built in 1901

Lot Details

  • 4,900 Sq Ft Lot
  • Lot Dimensions are 35x140

Parking

  • 2 Car Garage

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,790 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Awning
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes snow removal, trash collection, water
  • Tax Lot 39
  • Assessor Parcel Number 140200-089-710-0001-039-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,624

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Snow Removal, Trash Collection, Water
  • Year Built: 1901
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: On Potomac between Delaware Ave & Chapin Pkwy
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1125
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Awning(s), Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Two or More Spaces

Utilities

  • 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: 140200-089-710-0001-039-000
  • Lot Dimensions: 35X140
  • Lot Size Sq Ft: 4900.0
  • ResoLotSizeUnits: Acres
  • 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: 5624.0
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 29, 2024
Sold by
Wright Kwame and Estate Of Larry C Wright
Bought by
Hayes Roland L W
Seller's Agent
Jennifer Ricotta
Rhoades Real Estate
Buyer's Agent
Alan Miller
Signature Real Estate Services
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%
Views
38
Current Estimated Value
$465,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,101
Avg. Annual Appreciation
6.27%
Original Mortgage
$300,000
Outstanding Balance
$296,234
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$168,867

Purchase Details

Closed on
Dec 15, 2006
Sold by
Wright Larry
Bought by
Wright Larry and Toliver Ruth Luchey

Purchase Details

Closed on
Aug 16, 2005
Sold by
Giganti Mary C
Bought by
Wright Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,300
Interest Rate
5.85%
Mortgage Type
New Conventional
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
Hayes Roland L W $430,000 None Available
Hayes Roland L W $430,000 None Available
Wright Larry -- None Available
Wright Larry $157,000 None Available
Wright Larry $157,000 None Available
Wright Larry $157,000 None Available
Wright Larry $157,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Roland L W $300,000
Closed Hayes Roland L W $300,000
Previous Owner Wright Larry $25,000
Previous Owner Wright Larry $116,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2024 09/11/24 Sold $430,000 +7.5% $154 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $399,900 -- $143 / 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 $1,995 $356,000 $112,000 $244,000
2023 $1,804 $356,000 $112,000 $244,000
2022 $1,790 $356,000 $112,000 $244,000
2021 $1,790 $356,000 $112,000 $244,000
2020 $1,270 $356,000 $112,000 $244,000
2019 $4,527 $165,000 $38,700 $126,300
2018 $4,260 $165,000 $38,700 $126,300
2017 $982 $165,000 $38,700 $126,300
2016 $3,700 $165,000 $38,700 $126,300
2015 -- $165,000 $38,700 $126,300
2014 -- $165,000 $38,700 $126,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jennifer Ricotta

    Rhoades Real Estate

    (716) 427-3737

    1 in this area

    18 Total Sales

    Jennifer Ricotta
    Section Image
  • Alan Miller

    Buyer's Agent in 2024

    Alan Miller

    Signature Real Estate Services

    (716) 880-6723

    2 in this area

    50 Total Sales

    Alan Miller
    Section Image
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Map

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

MLS Number: B1542999

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-089-710-0001-039-000

New York Erie County Buffalo 14209 Elmwood Bidwell

812 Potomac Ave, Buffalo, NY

Not Listed for Sale

MultiFamily

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