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1550 Elmwood

1550 Elmwood, Buffalo, NY 14207
Multifamily in Black Rock
Sold Apr 14, 2020
$382,000
$369,250 by Citizens Bank Na
Mortgage Due May 01, 2050
Sold Oct 29, 2002
$75,000
1550 Elmwood in Buffalo, NY was first built in 1923 and is 101 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1550 Elmwood has 4,440 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 360 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 4,320 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. For those who need parking, there is a detached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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. The exterior walls of the home are made of wood. As for heating, the home is utilizing a forced air unit and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1550 Elmwood was last sold in Apr 7, 2020 for $382,000. According to our calculations, that's $86.04 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Aug 14, 2002. Current property owners are expected to pay $1,221 in taxes per year. The property on 1550 Elmwood was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $235,000. To break that down further, the land itself was valued at $4,200. While improvements to the property were assessed at a total of $230,800. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,320
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 360
  • Total Building Area: 4,440
  • Gross Building Area: 4,440
  • Building Area: 4,440
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,440
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.099
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: SOUTH COR ELMVIEW

Ownership

  • Current Owner : DIREITINHO JOSEPH
  • Previous Owner : WELCH JUSTIN
  • Owner Before Previous Owner: BIERNAT LEON
  • Owner Before Previous Owner 2: RODAK JOSEPH M

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 005500

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 05507000
  • District: 140200
  • Section: 89.210
  • Parcel: 140200 89.21-6-82
  • Block: 6
  • Lot: 82.000
  • Municipality: BUFFALO
  • Latitude: 42.9389
  • Longitude: -78.879

    Address

  • Full Address: 1550 Elmwood Ave
  • Address - House Number: 1550
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C015
  • 4-Digit Zip Code: 3006
  • Zip Code: 14207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,221
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 454,907
  • High Value: 560,713
  • Low Value: 349,101

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,250
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Apr 16, 2020
  • First Open Lien Mortgage Loan Amount: $369,250
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $335,714
  • Market Land Value: $6,000
  • Market Improvement Value: $329,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,000
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $230,800

    Sales

  • Current Sale Contract Date: Apr 07, 2020
  • Current Sale Recording Date: Apr 14, 2020
  • Current Sale Transaction ID: 11772787630
  • Current Sale Price: $382,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020069330
  • Previous Sale Recording Date: Oct 29, 2002
  • Previous Sale Contract Date: Aug 14, 2002
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Executor's Deed

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Frequently Asked Questions

What neighborhood is 1550 Elmwood located in?
The 1550 Elmwood is a multifamily located in the neighborhood of Black Rock in Riverside, Buffalo.
What is the average sales price for listings in 1550 Elmwood?
The average sales price for units in 1550 Elmwood is $0 currently.

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