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140 Elmwood Avenue

140 Elmwood Avenue, Buffalo, NY 14201
Property in Allen
140 Elmwood Avenue in Buffalo, NY was first built in 1980 and is 44 years old. This has been categorized as a commercial property type. There are a total of 3 floors. The linear feet across the front of the lot is 380 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 3,800 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing oil. The property was last sold in Dec 13, 2023 for $380,000. That's $91.19 per sqft. 140 Elmwood Avenue was last assessed in 2023. The total value of the property was assessed at $343,000. Specifically, the land the property is located on was valued at $38,000. While improvements on the property were assessed at a total of $305,000. 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 $1,783. 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! 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

Parking

No Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230601
06/01/2023
Loft
-
-
$495,000
bedrooms
Loft
bathrooms
-
$380,000 -23.23%
12/28/2023
-
James Mack
Gurney Becker & Bourne

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 3
  • Business/Commerical Units Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,677
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 380
  • Total Building Area: 4,167
  • Gross Building Area: 4,167
  • Building Area: 4,167
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.087
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: 44O N ALLEN

Ownership

  • Current Owner : JDT DEVELOPMENT LLC
  • Previous Owner : ALLEN SPENCER B
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 006802

Zoning

  • Zoning: N-2C

Geography

  • Account Number: 01020900
  • District: 140200
  • Section: 100.690
  • Parcel: 140200 100.69-4-30
  • Block: 4
  • Lot: 30.000
  • Municipality: BUFFALO
  • Latitude: 42.9008
  • Longitude: -78.8774

    Address

  • Full Address: 140 Elmwood Ave
  • Address - House Number: 140
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C010
  • 4-Digit Zip Code: 1451
  • Zip Code: 14201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,783
  • Tax Rate Code Area: 140200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,000
  • First Open Lien Mortgage Lender: SPENCER B ALLEN
  • First Open Lien Mortgage Recording Date: Jan 04, 2024
  • First Open Lien Mortgage Loan Amount: $323,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Jan 04, 2054
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $54,286
  • Market Improvement Value: $435,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,000
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $305,000

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Jan 04, 2024
  • Current Sale Transaction ID: 11920886283
  • Current Sale Price: $380,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2024002239

    Last Sale Mortgage

  • First Mortgage Lender: SPENCER B ALLEN
  • First Mortgage Transaction Date: Jan 04, 2024
  • First Mortgage Loan Amount: $323,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Elmwood



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Nearby Rentals

Unit for rent at 77 Johnson Park, Buffalo, NY, 14201

$800 /mo

  • Studio
  • 1 Bath
  • 400 ft²
77 Johnson Park #7, Buffalo, NY, 14201 Listing by Mark W DiGiampaolo

Frequently Asked Questions

What neighborhood is 140 Elmwood Avenue located in?
The 140 Elmwood Avenue is a located in the neighborhood of Allen in Elmwood, Buffalo.
What is the average sales price for listings in 140 Elmwood Avenue?
The average sales price for units in 140 Elmwood Avenue is $0 currently.

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