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255 Lexington

255 Lexington, Buffalo, NY 14222
House in Front Park
Sold Feb 04, 2019
$260,000
$203,770 by Navy Fcu
Mortgage Due Jul 01, 2051
Sold Jul 07, 2014
$127,000
$101,600 by M & T Bank
Mortgage Due Aug 01, 2044
255 Lexington in Buffalo, NY was first built in 1900 and is 124 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 255 Lexington has 1,905 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 248 ft and the linear feet between the front and back of the lot is 1,030. In total, the area measurement of the land is 2,575 square feet.

Learn more about the property and building on this page. There is a covered 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. 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 wood. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 255 Lexington sold most recently in Jan 3, 2019 for a total of $260,000. If you work out the math, that's approximately a cost of $136.48 per sqft. Before that, the property was also sold for $127,000 in Jul 2, 2014. 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 $1,309 in taxes each year. 255 Lexington was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $266,000. If we break it down further, the land itself was valued at $46,500. Improvements to the property, however, were assessed at a total of $219,500. 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
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 2,575
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 248
  • Total Building Area: 1,905
  • Building Area: 1,905
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,905
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.059
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 172.5O E NORWOOD

Ownership

  • Current Owner : LIPIN MICHAEL
  • Current Owner 2: LIPINA YEVGENIYA
  • Previous Owner : SERRA SALVATORE J
  • Previous Owner 2: SERRA STARLIT A
  • Owner Before Previous Owner: RINGENBACH PIERRE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Her Husband

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 006601

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 01091200
  • District: 140200
  • Section: 100.370
  • Parcel: 140200 100.37-2-19
  • Block: 2
  • Lot: 19.000
  • Municipality: BUFFALO
  • Latitude: 42.9134
  • Longitude: -78.8795

    Address

  • Full Address: 255 Lexington Ave
  • Address - House Number: 255
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C014
  • 4-Digit Zip Code: 1755
  • Zip Code: 14222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,309
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 383,654
  • High Value: 458,160
  • Low Value: 309,148

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $209,707
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $203,770
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: NAVY FCU
  • Second Open Lien Mortgage Recording Date: Jun 23, 2021
  • Second Open Lien Mortgage Loan Amount: $5,937
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: VA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $66,429
  • Market Improvement Value: $313,571

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,000
  • Assessed Land Value: $46,500
  • Assessed Improvements Value: $219,500

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2019
  • Current Sale Recording Date: Feb 04, 2019
  • Current Sale Transaction ID: 11582978814
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019022443
  • Previous Sale Recording Date: Jul 07, 2014
  • Previous Sale Contract Date: Jul 02, 2014
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Feb 04, 2019
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: Jul 07, 2014
  • Previous Mortgage Loan Amount: $101,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044

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Frequently Asked Questions

What neighborhood is 255 Lexington located in?
The 255 Lexington is a house located in the neighborhood of Front Park in West Side, Buffalo.
What is the average sales price for listings in 255 Lexington?
The average sales price for units in 255 Lexington is $0 currently.

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