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16 Fargo Avenue

16 Fargo Avenue, Buffalo, NY 14201
Property in Lakeview
Sold Feb 26, 2021
$239,000
$239,000 by Premium Mortgage Corp
Mortgage Due Mar 01, 2051
Sold Jul 01, 2011
$45,000
16 Fargo Avenue 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 1900 and is 124 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16 Fargo Avenue has 2,595 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 1,305 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 7,074 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. 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 a material which is produced from two or more constituent materials. 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. 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, 16 Fargo Avenue sold most recently in Feb 17, 2021 for a total of $239,000. If you work out the math, that's approximately a cost of $92.10 per sqft. Before that, the property was also sold for $45,000 in Jun 28, 2011. 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 $873 in taxes each year. 16 Fargo Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,000. If we break it down further, the land itself was valued at $19,900. Improvements to the property, however, were assessed at a total of $148,100. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,074
  • Lot Size Depth Feet: 1,305
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,595
  • Gross Building Area: 2,595
  • Building Area: 2,595
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,595
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.163
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 112.50 NW HUDSON

Ownership

  • Current Owner : SOLDATO JOSHUA
  • Previous Owner : KARP ROBERT
  • Owner Before Previous Owner: SABALA CARMEN M
  • Owner Before Previous Owner 2: RIVERA CARMEN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 007103

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 01030550
  • District: 140200
  • Section: 99.840
  • Parcel: 140200 99.84-1-10.1
  • Block: 1
  • Lot: 10.100
  • Municipality: BUFFALO
  • Latitude: 42.8981
  • Longitude: -78.886

    Address

  • Full Address: 16 Fargo Ave
  • Address - House Number: 16
  • Address - Street Name: Fargo
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1744
  • Zip Code: 14201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $873
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2483
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 302,817
  • High Value: 378,023
  • Low Value: 227,612

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $239,000
  • First Open Lien Mortgage Lender: PREMIUM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 26, 2021
  • First Open Lien Mortgage Loan Amount: $239,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $28,429
  • Market Improvement Value: $211,571

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,000
  • Assessed Land Value: $19,900
  • Assessed Improvements Value: $148,100

    Sales

  • Current Sale Contract Date: Feb 17, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Transaction ID: 11824976712
  • Current Sale Price: $239,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021036750
  • Previous Sale Recording Date: Jul 01, 2011
  • Previous Sale Contract Date: Jun 28, 2011
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIUM MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 26, 2021
  • First Mortgage Loan Amount: $239,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2051

About West Side



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Frequently Asked Questions

What neighborhood is 16 Fargo Avenue located in?
The 16 Fargo Avenue is a located in the neighborhood of Lakeview in West Side, Buffalo.
What is the average sales price for listings in 16 Fargo Avenue?
The average sales price for units in 16 Fargo Avenue is $0 currently.

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