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123 Merrimac

123 Merrimac, Buffalo, NY 14214
Multifamily in University
123 Merrimac 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 1920 and is 104 years old. The home has a total of 6 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, 123 Merrimac has 2,585 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 1,150 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,450 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 342 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered porch. 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 alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with 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. The property was last sold in Jul 10, 2015 for $122,000. That's $47.20 per sqft. Prior to that sales transaction, the property was also sold in May 29, 2009 for $79,600. 123 Merrimac was last assessed in 2023. The total value of the property was assessed at $135,000. Specifically, the land the property is located on was valued at $9,100. While improvements on the property were assessed at a total of $125,900. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $702. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
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
20190729
07/29/2019
Studio
-
2585 ft²
$229,000
bedrooms
Studio
bathrooms
-
square feet
2585 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 342
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,450
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,585
  • Gross Building Area: 2,585
  • Building Area: 2,585
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,585
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.079
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 6O. W BRUCE

Ownership

  • Current Owner : GUPTA VICTOR
  • Current Owner 2: AGRAWAL SARIKA
  • Previous Owner : SOON JAY
  • Owner Before Previous Owner: GEWURZ ANDREW S
  • Owner Before Previous Owner 2: GEWURZ PAMELA W
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 004601

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 07294200
  • District: 140200
  • Section: 79.460
  • Parcel: 140200 79.46-11-17
  • Block: 11
  • Lot: 17.000
  • Municipality: BUFFALO
  • Latitude: 42.9538
  • Longitude: -78.8291

    Address

  • Full Address: 123 Merrimac St
  • Address - House Number: 123
  • Address - Street Name: Merrimac
  • Address - Suffix Type: St
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C026
  • 4-Digit Zip Code: 1125
  • Zip Code: 14214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $702
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 278,067
  • High Value: 349,291
  • Low Value: 206,843

    Market Valuation

  • Market Total Value: $192,857
  • Market Land Value: $13,000
  • Market Improvement Value: $179,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,000
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $125,900

    Sales

  • Current Sale Contract Date: Jul 10, 2015
  • Current Sale Recording Date: Jul 24, 2015
  • Current Sale Transaction ID: 1290035515
  • Current Sale Price: $122,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015149020
  • Previous Sale Recording Date: Jun 08, 2009
  • Previous Sale Contract Date: May 29, 2009
  • Previous Sale Amount: $79,600
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE FSB
  • Previous Mortgage Transaction Date: Jun 08, 2009
  • Previous Mortgage Loan Amount: $59,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2039

About North East



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Frequently Asked Questions

What neighborhood is 123 Merrimac located in?
The 123 Merrimac is a multifamily located in the neighborhood of University in North East, Buffalo.
What is the average sales price for listings in 123 Merrimac?
The average sales price for units in 123 Merrimac is $0 currently.

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