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196 Wallace

196 Wallace, Buffalo, NY 14216
House in North Park
Sold Mar 13, 1998
$86,000
$50,000 by Manufacturers & Traders Trust
Mortgage Due Nov 29, 2049
196 Wallace in Buffalo, NY was first built in 1930 and is 94 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 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 196 Wallace has 2,109 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 400 ft and the linear feet between the front and back of the lot is 1,440. In total, the area measurement of the land is 5,760 square feet.

Learn more about the property and building on this page. There is a open porch. 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 460 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 alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with oil. The property was last sold in Mar 13, 1998 for $86,000. That's $40.78 per sqft. 196 Wallace was last assessed in 2023. The total value of the property was assessed at $206,000. Specifically, the land the property is located on was valued at $44,000. While improvements on the property were assessed at a total of $162,000. 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 $1,071. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 460
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,760
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,109
  • Building Area: 2,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,109
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION MAP #1
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 26O.34 N HERTEL

Ownership

  • Current Owner : LAWS DWAIN
  • Previous Owner : FALSONE SEBASTIANO
  • Previous Owner 2: FALSONE ANTOINETT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 004800

Zoning

  • Zoning: N-4-30

Geography

  • Account Number: 06823000
  • District: 140200
  • Section: 78.670
  • Parcel: 140200 78.67-5-14
  • Block: 5
  • Lot: 14.000
  • Municipality: BUFFALO
  • Latitude: 42.9486
  • Longitude: -78.8471

    Address

  • Full Address: 196 Wallace Ave
  • Address - House Number: 196
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C005
  • 4-Digit Zip Code: 2512
  • Zip Code: 14216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,071
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2142
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 374,050
  • High Value: 454,205
  • Low Value: 293,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: MANUFACTURERS & TRADERS TRUST
  • First Open Lien Mortgage Recording Date: Nov 29, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 29, 2049

    Market Valuation

  • Market Total Value: $294,286
  • Market Land Value: $62,857
  • Market Improvement Value: $231,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,000
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $162,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 1998
  • Current Sale Recording Date: Mar 13, 1998
  • Current Sale Transaction ID: 1117858343
  • Current Sale Price: $86,000
  • Current Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 196 Wallace located in?
The 196 Wallace is a house located in the neighborhood of North Park in North Buffalo, Buffalo.
What is the average sales price for listings in 196 Wallace?
The average sales price for units in 196 Wallace is $0 currently.

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