405 Prospect Avenue

405 Prospect Avenue has been categorized by the local assessors in Buffalo, NY as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The building has a total of 2 stories. In addition, 405 Prospect Avenue has 7,933 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,050 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,250 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, the home is utilizing oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Oct 12, 2021 for $500,000. That's $79.67 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2004 for $76,000. 405 Prospect Avenue was last assessed in 2023. The total value of the property was assessed at $429,000. Specifically, the land the property is located on was valued at $26,200. While improvements on the property were assessed at a total of $402,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,229. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.