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365 Prospect

365 Prospect, Buffalo, NY 14201
Multifamily in Lakeview
Local assessors in Buffalo, NY have categorized 365 Prospect as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 5,312 square feet. The linear feet between the front and back of the lot was measured at 1,660 ft and the front of the lot was measured at 324 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 365 Prospect has a total of 2,653 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 365 Prospect sold most recently in Aug 26, 2004 for a total of $80,000. If you work out the math, that's approximately a cost of $30.15 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,034 in taxes each year. 365 Prospect was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $199,000. If we break it down further, the land itself was valued at $16,800. Improvements to the property, however, were assessed at a total of $182,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181008
10/08/2018
Studio
-
2653 ft²
$269,000
bedrooms
Studio
bathrooms
-
square feet
2653 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,312
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 324
  • Total Building Area: 2,653
  • Gross Building Area: 2,653
  • Building Area: 2,653
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,653
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.122
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 252.5O SE PENNA

Ownership

  • Current Owner : MASUCCI BENEDETTO A
  • Previous Owner : AMODIO ANTONIO
  • Previous Owner 2: AMODIO COSTANZA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 007103

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 01201200
  • District: 140200
  • Section: 99.840
  • Parcel: 140200 99.84-1-27
  • Block: 1
  • Lot: 27.000
  • Municipality: BUFFALO
  • Latitude: 42.8982
  • Longitude: -78.8872

    Address

  • Full Address: 365 Prospect Ave
  • Address - House Number: 365
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1747
  • Zip Code: 14201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,034
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2509
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 322,571
  • High Value: 403,512
  • Low Value: 241,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,000
  • First Open Lien Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 19, 2005
  • First Open Lien Mortgage Loan Amount: $64,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2035

    Market Valuation

  • Market Total Value: $284,286
  • Market Land Value: $24,000
  • Market Improvement Value: $260,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,000
  • Assessed Land Value: $16,800
  • Assessed Improvements Value: $182,200

    Sales

  • Current Sale Contract Date: Aug 26, 2004
  • Current Sale Recording Date: Jan 19, 2005
  • Current Sale Transaction ID: 1134258831
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200501191062

    Last Sale Mortgage

  • First Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 19, 2005
  • First Mortgage Loan Amount: $64,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2035

About West Side



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 365 Prospect located in?
The 365 Prospect is a multifamily located in the neighborhood of Lakeview in West Side, Buffalo.
What is the average sales price for listings in 365 Prospect?
The average sales price for units in 365 Prospect is $0 currently.

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