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241 Norwood Avenue

241 Norwood Avenue, Buffalo, NY 14222
Property in Front Park
Sold Nov 10, 2022
$470,000
$399,500 by Pennymac Loan Services Llc
Mortgage Due Dec 01, 2052
Sold Dec 29, 2015
$320,000
$256,000 by M & T Bank
Mortgage Due Jan 01, 2046
241 Norwood 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 1924 and is 100 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 241 Norwood Avenue has 3,187 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 610 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 3,050 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. Residents will have the luxury of enjoying both a covered porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 brick. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Nov 1, 2022 for $470,000. That's $147.47 per sqft. Prior to that sales transaction, the property was also sold in Dec 21, 2015 for $320,000. 241 Norwood Avenue was last assessed in 2023. The total value of the property was assessed at $356,000. Specifically, the land the property is located on was valued at $63,000. While improvements on the property were assessed at a total of $293,000. 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 $1,850. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Aluminum Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,050
  • Lot Size Depth Feet: 610
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,187
  • Building Area: 3,187
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,187
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH COR UTICA

Ownership

  • Current Owner : RABB ROBERT P
  • Current Owner 2: BENTLEY TIFFANY A
  • Previous Owner : WAYNE CHRISTOPHER
  • Previous Owner 2: CASE RACHEL MELISSA
  • Owner Before Previous Owner: GERLAND LORRAINE 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: 006601

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 01158300
  • District: 140200
  • Section: 100.370
  • Parcel: 140200 100.37-6-22
  • Block: 6
  • Lot: 22.000
  • Municipality: BUFFALO
  • Latitude: 42.9115
  • Longitude: -78.8801

    Address

  • Full Address: 241 Norwood Ave
  • Address - House Number: 241
  • Address - Street Name: Norwood
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C013
  • 4-Digit Zip Code: 1709
  • Zip Code: 14222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,850
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 513,845
  • High Value: 640,816
  • Low Value: 386,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,500
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Nov 10, 2022
  • First Open Lien Mortgage Loan Amount: $399,500
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $508,571
  • Market Land Value: $90,000
  • Market Improvement Value: $418,571

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,000
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $293,000

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Transaction ID: 11902270782
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022213383
  • Previous Sale Recording Date: Dec 29, 2015
  • Previous Sale Contract Date: Dec 21, 2015
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Nov 10, 2022
  • First Mortgage Loan Amount: $399,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: Dec 29, 2015
  • Previous Mortgage Loan Amount: $256,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2046

About West Side



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Frequently Asked Questions

What neighborhood is 241 Norwood Avenue located in?
The 241 Norwood Avenue is a located in the neighborhood of Front Park in West Side, Buffalo.
What is the average sales price for listings in 241 Norwood Avenue?
The average sales price for units in 241 Norwood Avenue is $0 currently.

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