242 Prospect Ave
Buffalo, NY 14201
3 bd 2 ba 1,100 sqft Built 1999 Lot 6,978 sqft single_family
Most recent sale
$275,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $275,000 | MLS #B1371461 |
| Mar 11, 2022 | Price changed | $285,000 | MLS #B1371461 |
| Jan 8, 2022 | Price changed | $310,000 | MLS #B1371461 |
| Oct 8, 2021 | Listed | $325,000 | MLS #B1371461 |
| Aug 9, 2017 | Listing removed | $159,900 | NYStateAlliance |
| Jun 16, 2017 | Relisted | $159,900 | MLS #B1012663 |
| Jun 6, 2017 | Listing removed | $159,900 | NYStateAlliance |
| Feb 28, 2017 | Price changed | $159,900 | MLS #B1012663 |
| Nov 9, 2016 | Listed | $160,000 | MLS #B1012663 |
| Oct 13, 2012 | Listing removed | $114,900 | NYStateAlliance |
| Apr 12, 2012 | Listed | $114,900 | MLS #B405622 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $251,000 | $35,000 | $286,000 | $449 |
| 2024 | $224,900 | $20,100 | $245,000 | $1,241 |
| 2023 | $224,900 | $20,100 | $245,000 | $1,273 |
| 2022 | $275,900 | $20,100 | $296,000 | $1,488 |
| 2021 | $275,900 | $20,100 | $296,000 | $1,492 |
| 2020 | $54,100 | $5,900 | $60,000 | $461 |
| 2019 | $54,100 | $5,900 | $60,000 | $1,317 |
| 2018 | $54,100 | $5,900 | $60,000 | $1,549 |
| 2017 | $54,100 | $5,900 | $60,000 | $1,501 |
| 2016 | $54,100 | $5,900 | $60,000 | $1,144 |
| 2015 | $54,100 | $5,900 | $60,000 | $1,080 |
| 2014 | $54,100 | $5,900 | $60,000 | $323 |
| 2013 | $54,100 | $5,900 | $60,000 | $326 |
| 2012 | $54,100 | $5,900 | $60,000 | $329 |
| 2011 | $54,100 | $5,900 | $60,000 | $321 |
| 2010 | $54,100 | $5,900 | $60,000 | $1,044 |
| 2009 | $54,100 | $5,900 | $60,000 | $314 |
| 2008 | $54,100 | $5,900 | $60,000 | $312 |
| 2007 | $51,400 | $8,600 | $60,000 | $311 |
| 2006 | $51,400 | $8,600 | $60,000 | $306 |
Property facts
Year built
1999
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,100 sqft
Lot size
6,978 sqft
ZIP code
14201
City
Buffalo
Street
Prospect Ave
Coordinates
42.89507, -78.88515
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 242 Prospect Ave last sell?
242 Prospect Ave most recently sold on May 27, 2022 for $275,000.
What is the current tax assessment for 242 Prospect Ave?
The most recent total assessment for 242 Prospect Ave (year 2025) is $286,000 with $449 in property tax.
How does 242 Prospect Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $275,000.
When was 242 Prospect Ave built?
242 Prospect Ave was built in 1999.
How does 242 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 242 Prospect Ave?
242 Prospect Ave is a 3 bed, 2 bath, 1,100 sqft, 6,978 sqft lot single_family.
Is 242 Prospect Ave a flip candidate?
No — 242 Prospect Ave does not appear in our flips dataset.
Is 242 Prospect Ave a tax-appeal candidate?
No — 242 Prospect Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q2
$344.7K
2026 Q3
$352.1K
ZIP 14201 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Ave