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78 Prospect

78 Prospect, Buffalo, NY 14201
Multifamily in Columbus
78 Prospect in Buffalo, NY was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 2 floors. 78 Prospect has 4,356 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 3,300 square feet.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 78 Prospect was last sold in Mar 24, 2021 for $300,000. According to our calculations, that's $103.31 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Nov 17, 2009. Current property owners are expected to pay $1,154 in taxes per year. The property on 78 Prospect was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $222,000. To break that down further, the land itself was valued at $33,000. While improvements to the property were assessed at a total of $189,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210114
01/14/2021
Studio
-
4356 ft²
$225,000
bedrooms
Studio
bathrooms
-
square feet
4356 ft²
$300,000 +33.33%
04/07/2021
Gitti A Barrell

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 1,452
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,300
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,904
  • Gross Building Area: 2,904
  • Building Area: 2,904
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,356
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 78 PROSPECT AVENUE
  • Land Acres: 0.076
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : NICOTERA GREGORY
  • Current Owner 2: YOON NICOTERA JIHYUN
  • Previous Owner : DAVANZO JOHN P
  • Previous Owner 2: DAVANZO MARJORIE S
  • Owner Before Previous Owner: BANDRIWSKY EMIL
  • Owner Before Previous Owner 2: BANDRIWSKY PAUL

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 007102

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 01205900
  • District: 140200
  • Section: 110.440
  • Parcel: 140200 110.44-1-43
  • Block: 1
  • Lot: 43.000
  • Municipality: BUFFALO
  • Latitude: 42.8913
  • Longitude: -78.8816

    Address

  • Full Address: 78 Prospect Ave
  • Address - House Number: 78
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C004
  • 4-Digit Zip Code: 2401
  • Zip Code: 14201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,154
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 352,396
  • High Value: 434,034
  • Low Value: 270,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: PREMIUM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $317,143
  • Market Land Value: $47,143
  • Market Improvement Value: $270,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,000
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $189,000

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11836421941
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021065547
  • Previous Sale Recording Date: Nov 20, 2009
  • Previous Sale Contract Date: Nov 17, 2009
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIUM MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 07, 2021
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Nov 20, 2009
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 01, 2024

About Central Buffalo



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Nearby Rentals

Unit for rent at 77 Johnson Park, Buffalo, NY, 14201

$800 /mo

  • Studio
  • 1 Bath
  • 400 ft²
77 Johnson Park #4, Buffalo, NY, 14201 Listing by Mark W DiGiampaolo

Frequently Asked Questions

What neighborhood is 78 Prospect located in?
The 78 Prospect is a multifamily located in the neighborhood of Columbus in Central Buffalo, Buffalo.
What is the average sales price for listings in 78 Prospect?
The average sales price for units in 78 Prospect is $225,000 , or $52/sqft. currently.

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