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119 Ludel Terrace

119 Ludel Terrace, Buffalo, NY 14218
Property in Lackawanna
Sold May 16, 2014
$72,928
$71,606 by Syracuse Securities Inc
Mortgage Due Jun 01, 2044
119 Ludel Terrace 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 1965 and is 59 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 119 Ludel Terrace has 1,596 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 1,522 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 8,360 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

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. The exterior walls of the building are made of a material which is produced from two or more constituent materials. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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. 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, 119 Ludel Terrace sold most recently in May 12, 2014 for a total of $72,928. If you work out the math, that's approximately a cost of $45.69 per sqft. 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 $0 in taxes each year. 119 Ludel Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $122,000. If we break it down further, the land itself was valued at $13,100. Improvements to the property, however, were assessed at a total of $108,900. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,360
  • Lot Size Depth Feet: 1,522
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,596
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUFFALO CREEK RESERVATION
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 18' OF SL194 & 37' SL195 G7 55 X 153.11

Ownership

  • Current Owner : KINGSLEY PAUL J
  • Current Owner 2: KINGSLEY MICHELLE L
  • Previous Owner : DILIBERTO ANGELO
  • Previous Owner 2: DILIBERTO MARY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lackawanna City School District
  • School Tax School District: LACKAWANNA
  • Census Tract: 012502

Zoning

  • Zoning: SFR

Geography

  • Account Number: 3330
  • District: 140900
  • Section: 142.190
  • Parcel: 140900 142.19-4-23
  • Block: 4
  • Lot: 23.000
  • Municipality: LACKAWANNA
  • Latitude: 42.8133
  • Longitude: -78.8078

    Address

  • Full Address: 119 Ludel Ter
  • Address - House Number: 119
  • Address - Street Name: Ludel
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C023
  • 4-Digit Zip Code: 3220
  • Zip Code: 14218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 140900

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 189,033
  • High Value: 238,537
  • Low Value: 139,528

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $87,258
  • First Open Lien Mortgage Lender: SYRACUSE SECURITIES INC
  • First Open Lien Mortgage Recording Date: May 16, 2014
  • First Open Lien Mortgage Loan Amount: $71,606
  • 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: Jun 01, 2044
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Apr 20, 2022
  • Second Open Lien Mortgage Loan Amount: $15,652
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $154,400
  • Market Land Value: $16,579
  • Market Improvement Value: $137,821

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,000
  • Assessed Land Value: $13,100
  • Assessed Improvements Value: $108,900

    Sales

  • Current Sale Contract Date: May 12, 2014
  • Current Sale Recording Date: May 16, 2014
  • Current Sale Transaction ID: 1117673069
  • Current Sale Price: $72,928
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014096860

    Last Sale Mortgage

  • First Mortgage Lender: SYRACUSE SECURITIES INC
  • First Mortgage Transaction Date: May 16, 2014
  • First Mortgage Loan Amount: $71,606
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2044

About Lackawanna



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Frequently Asked Questions

What neighborhood is 119 Ludel Terrace located in?
The 119 Ludel Terrace is a located in the neighborhood of Lackawanna in Lackawanna, Buffalo.
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