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167 Grace Street

167 Grace Street, Buffalo, NY 14207
Property in Riverside Park
Sold May 11, 2022
$200,000
$150,000 by Primelending
Mortgage Due Jun 01, 2052
Sold May 18, 2021
$110,000
$88,000 by Liston Manufacturing Inc Profi
Mortgage Due Jun 01, 2036
Local assessors in Buffalo, NY have categorized 167 Grace Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,848 square feet. The linear feet between the front and back of the lot was measured at 890 ft and the front of the lot was measured at 320 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 5 rooms in the home. Of these, 6 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 3 full bathrooms. There are also 3 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 167 Grace Street has a total of 1,879 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 covered 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 average. 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, 167 Grace Street sold most recently in May 3, 2022 for a total of $200,000. If you work out the math, that's approximately a cost of $106.44 per sqft. Before that, the property was also sold for $110,000 in May 18, 2021. 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 $499 in taxes each year. 167 Grace Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $96,000. If we break it down further, the land itself was valued at $4,100. Improvements to the property, however, were assessed at a total of $91,900. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 2,848
  • Lot Size Depth Feet: 890
  • Lot Size Frontage Feet: 320
  • Total Building Area: 1,879
  • Gross Building Area: 1,879
  • Building Area: 1,879
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,879
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BIRD FARM
  • Land Acres: 0.065
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 1O8. E TONAWANDA

Ownership

  • Current Owner : YANG YOUNG SOO
  • Previous Owner : JASSIM ABDULHADI
  • Owner Before Previous Owner: TJF PROPERTY HOLDINGS LLC
  • 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: 005700

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 05096100
  • District: 140200
  • Section: 77.810
  • Parcel: 140200 77.81-5-1
  • Block: 5
  • Lot: 1.000
  • Municipality: BUFFALO
  • Latitude: 42.9439
  • Longitude: -78.9002

    Address

  • Full Address: 167 Grace St
  • Address - House Number: 167
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C003
  • 4-Digit Zip Code: 2160
  • Zip Code: 14207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $499
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 133,921
  • High Value: 165,241
  • Low Value: 102,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $137,143
  • Market Land Value: $5,857
  • Market Improvement Value: $131,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,000
  • Assessed Land Value: $4,100
  • Assessed Improvements Value: $91,900

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11891281549
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022092542
  • Previous Sale Recording Date: May 18, 2021
  • Previous Sale Contract Date: May 18, 2021
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: May 11, 2022
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LISTON MANUFACTURING INC PROFI
  • Previous Mortgage Transaction Date: May 18, 2021
  • Previous Mortgage Loan Amount: $88,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2036

About Riverside



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Frequently Asked Questions

What neighborhood is 167 Grace Street located in?
The 167 Grace Street is a located in the neighborhood of Riverside Park in Riverside, Buffalo.
What is the average sales price for listings in 167 Grace Street?
The average sales price for units in 167 Grace Street is $0 currently.

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