1015 Kensington Avenue

1015 Kensington Avenue has been categorized by the local assessors in Buffalo, NY as a commercial type of property. The building on the property was first built in 1925 and is 99 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 3,960 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. 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. 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, 1015 Kensington Avenue was last sold in Oct 30, 2023 for $179,000. According to our calculations, that's $69.49 per sqft. Prior to that sales transaction, the property was sold for $10,000 in Sep 29, 1998. Current property owners are expected to pay $582 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2010. The property on 1015 Kensington Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $112,000. To break that down further, the land itself was valued at $4,200. While improvements to the property were assessed at a total of $107,800. 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. 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!