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157 Laurel Street

157 Laurel Street, Buffalo, NY 14208
Multifamily in Masten Park
Sold Mar 12, 2019
$85,000
$129,300 by United States Small Business A
Mortgage Due Jun 01, 2038
157 Laurel Street 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 1910 and is 114 years old. The home has a total of 5 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, 157 Laurel Street has 2,756 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 1,070 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,210 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 520 sqft. According to our sources, there are a total of 2 available parking spaces. 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 Feb 25, 2019 for $85,000. That's $30.84 per sqft. 157 Laurel Street was last assessed in 2023. The total value of the property was assessed at $67,000. Specifically, the land the property is located on was valued at $4,000. While improvements on the property were assessed at a total of $63,000. 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 $348. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 5
  • 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: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,210
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,756
  • Gross Building Area: 2,756
  • Building Area: 2,756
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,756
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.074
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 133.4O E MASTEN

Ownership

  • Current Owner : GEBRE MICHAEL
  • Previous Owner : EDDINS MAMIE

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 016801

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 04165700
  • District: 140200
  • Section: 100.490
  • Parcel: 140200 100.49-4-2
  • Block: 4
  • Lot: 2.000
  • Municipality: BUFFALO
  • Latitude: 42.91
  • Longitude: -78.859

    Address

  • Full Address: 157 Laurel St
  • Address - House Number: 157
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C024
  • 4-Digit Zip Code: 2002
  • Zip Code: 14208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.116
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 185,029
  • High Value: 206,494
  • Low Value: 163,565

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,300
  • First Open Lien Mortgage Lender: UNITED STATES SMALL BUSINESS A
  • First Open Lien Mortgage Recording Date: Jun 09, 2023
  • First Open Lien Mortgage Loan Amount: $129,300
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2038

    Market Valuation

  • Market Total Value: $95,714
  • Market Land Value: $5,714
  • Market Improvement Value: $90,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,000
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $63,000

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Mar 12, 2019
  • Current Sale Transaction ID: 11596720645
  • Current Sale Price: $85,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019047739

About Masten



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Frequently Asked Questions

What neighborhood is 157 Laurel Street located in?
The 157 Laurel Street is a multifamily located in the neighborhood of Masten Park in Masten, Buffalo.
What is the average sales price for listings in 157 Laurel Street?
The average sales price for units in 157 Laurel Street is $0 currently.

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