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218 Commonwealth Avenue

218 Commonwealth Avenue, Buffalo, NY 14216
Property in North Park
Sold Apr 25, 2020
$240,500
$180,375 by Niagaras Choice Cu
Mortgage Due May 01, 2050
Sold Nov 23, 1998
$30,000
218 Commonwealth 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 1925 and is 99 years old. The home has a total of 6 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, 218 Commonwealth Avenue has 2,753 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 1,500 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 5,250 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 396 sqft. According to our sources, there is one available parking space. 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 wood. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 218 Commonwealth Avenue was last sold in Apr 11, 2020 for $240,500. According to our calculations, that's $87.36 per sqft. Prior to that sales transaction, the property was sold for $30,000 in Nov 23, 1998. Current property owners are expected to pay $1,206 in taxes per year. The property on 218 Commonwealth Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $232,000. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $197,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,753
  • Gross Building Area: 2,753
  • Building Area: 2,753
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,753
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.121
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 1O8. S TACOMA

Ownership

  • Current Owner : COLTON SARAH CHRISTINE
  • Current Owner 2: MUNEER FAISAL
  • Previous Owner : POLTORAK JEAN
  • Previous Owner 2: ESTATE OF ATHANASIOS DIMOULAS
  • Owner Before Previous Owner: MALEK RUTH RACHELLE

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 004902

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 06268400
  • District: 140200
  • Section: 78.560
  • Parcel: 140200 78.56-5-9
  • Block: 5
  • Lot: 9.000
  • Municipality: BUFFALO
  • Latitude: 42.9511
  • Longitude: -78.8621

    Address

  • Full Address: 218 Commonwealth Ave
  • Address - House Number: 218
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C002
  • 4-Digit Zip Code: 2339
  • Zip Code: 14216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,206
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 54
  • Final Value: 360,318
  • High Value: 443,176
  • Low Value: 277,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,375
  • First Open Lien Mortgage Lender: NIAGARAS CHOICE CU
  • First Open Lien Mortgage Recording Date: Apr 25, 2020
  • First Open Lien Mortgage Loan Amount: $180,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $331,429
  • Market Land Value: $50,000
  • Market Improvement Value: $281,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,000
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $197,000

    Sales

  • Current Sale Contract Date: Apr 11, 2020
  • Current Sale Recording Date: Apr 25, 2020
  • Current Sale Transaction ID: 11772782582
  • Current Sale Price: $240,500
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2020072728
  • Previous Sale Recording Date: Nov 23, 1998
  • Previous Sale Contract Date: Nov 23, 1998
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NIAGARAS CHOICE CU
  • First Mortgage Transaction Date: Apr 25, 2020
  • First Mortgage Loan Amount: $180,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About North Buffalo



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Frequently Asked Questions

What neighborhood is 218 Commonwealth Avenue located in?
The 218 Commonwealth Avenue is a located in the neighborhood of North Park in North Buffalo, Buffalo.
What is the average sales price for listings in 218 Commonwealth Avenue?
The average sales price for units in 218 Commonwealth Avenue is $0 currently.

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