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110 Richfield Avenue

110 Richfield Avenue, Buffalo, NY 14220
Multifamily in Abbott McKinley
Local assessors in Buffalo, NY have categorized 110 Richfield Avenue 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 4,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 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 110 Richfield Avenue has a total of 2,508 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 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system 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, 110 Richfield Avenue sold most recently in Dec 3, 2021 for a total of $185,000. If you work out the math, that's approximately a cost of $73.76 per sqft. Before that, the property was also sold for $120,000 in Jul 19, 2017. 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 $644 in taxes each year. 110 Richfield Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $124,000. If we break it down further, the land itself was valued at $10,700. Improvements to the property, however, were assessed at a total of $113,300. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Parking

Detached Garage
Garage Parking

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210621
06/21/2021
Studio
-
2508 ft²
$189,900
bedrooms
Studio
bathrooms
-
square feet
2508 ft²
-
-
-
Matthew J. Quagliano
Buffalo Home Sellers LLC

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: 441
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,508
  • Gross Building Area: 2,508
  • Building Area: 2,508
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,508
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE WOODSIDE LAND CO
  • Land Acres: 0.11
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 2OO. E ITHACA

Ownership

  • Current Owner : RAUSEO DIMITRI W
  • Previous Owner : POLISOTO THOMAS
  • Owner Before Previous Owner: PERRINO RONALD G

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 000800

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 11792400
  • District: 140200
  • Section: 133.400
  • Parcel: 140200 133.40-6-23
  • Block: 6
  • Lot: 23.000
  • Municipality: BUFFALO
  • Latitude: 42.8464
  • Longitude: -78.8195

    Address

  • Full Address: 110 Richfield Ave
  • Address - House Number: 110
  • Address - Street Name: Richfield
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1909
  • Zip Code: 14220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $644
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.116
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 179,282
  • High Value: 200,080
  • Low Value: 158,484

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $221,649
  • First Open Lien Mortgage Lender: PREMIUM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $181,649
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052
  • Second Open Lien Mortgage Lender: GREAT ERIE FCU
  • Second Open Lien Mortgage Recording Date: Oct 31, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 31, 2053

    Market Valuation

  • Market Total Value: $177,143
  • Market Land Value: $15,286
  • Market Improvement Value: $161,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,000
  • Assessed Land Value: $10,700
  • Assessed Improvements Value: $113,300

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11878429259
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021243960
  • Previous Sale Recording Date: Jul 21, 2017
  • Previous Sale Contract Date: Jul 19, 2017
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIUM MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

About South Buffalo



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Frequently Asked Questions

What neighborhood is 110 Richfield Avenue located in?
The 110 Richfield Avenue is a multifamily located in the neighborhood of Abbott McKinley in South Buffalo, Buffalo.
What is the average sales price for listings in 110 Richfield Avenue?
The average sales price for units in 110 Richfield Avenue is $0 currently.

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