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158 16th Street

158 16th Street, Buffalo, NY 14213
Multifamily in Front Park
Local assessors in Buffalo, NY have categorized 158 16th Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 3,416 square feet. The linear feet between the front and back of the lot was measured at 1,220 ft and the front of the lot was measured at 280 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 158 16th Street has a total of 1,817 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. 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, 158 16th Street sold most recently in Mar 14, 2020 for a total of $225,000. If you work out the math, that's approximately a cost of $123.83 per sqft. Before that, the property was also sold for $60,000 in Jun 7, 2018. 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 $312 in taxes each year. 158 16th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $60,000. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $46,000. 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.

Building Features

Exterior

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
20191227
12/27/2019
Studio
-
1817 ft²
$240,000
bedrooms
Studio
bathrooms
-
square feet
1817 ft²
$225,000 -6.25%
03/20/2020
Naomi Lasco

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,416
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,817
  • Gross Building Area: 1,817
  • Building Area: 1,817
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,817
  • 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: 256.5O SE VERMONT

Ownership

  • Current Owner : KANG KULWANT
  • Previous Owner : EMERALD EAST CHEEK LLC
  • Owner Before Previous Owner: COMMON WEALTH PROPERTIE S LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 006903

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 00837900
  • District: 140200
  • Section: 99.600
  • Parcel: 140200 99.60-3-18
  • Block: 3
  • Lot: 18.000
  • Municipality: BUFFALO
  • Latitude: 42.9083
  • Longitude: -78.8856

    Address

  • Full Address: 158 16th St
  • Address - House Number: 158
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C017
  • 4-Digit Zip Code: 2610
  • Zip Code: 14213

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $312
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2569
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 186,690
  • High Value: 234,666
  • Low Value: 138,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,782,000
  • First Open Lien Mortgage Lender: BEACH PARK PARTNERS LLC
  • First Open Lien Mortgage Recording Date: Sep 29, 2022
  • First Open Lien Mortgage Loan Amount: $1,782,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 29, 2052

    Market Valuation

  • Market Total Value: $85,714
  • Market Land Value: $20,000
  • Market Improvement Value: $65,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,000
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $46,000

    Sales

  • Current Sale Contract Date: Mar 14, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Transaction ID: 11754417414
  • Current Sale Price: $225,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020064414
  • Previous Sale Recording Date: Aug 15, 2018
  • Previous Sale Contract Date: Jun 07, 2018
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MANUFACTURERS & TRADERS TRUST
  • First Mortgage Transaction Date: Mar 20, 2020
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

About West Side



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Frequently Asked Questions

What neighborhood is 158 16th Street located in?
The 158 16th Street is a multifamily located in the neighborhood of Front Park in West Side, Buffalo.
What is the average sales price for listings in 158 16th Street?
The average sales price for units in 158 16th Street is $240,000 , or $132/sqft. currently.

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