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257 Ludington

257 Ludington, Buffalo, NY 14206
Multifamily in Lovejoy
257 Ludington 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 1912 and is 112 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, 257 Ludington has 2,052 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 1,200 ft and across the front of the lot is 335 ft. The area measurement of the land has been determined as 4,080 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 720 sqft. According to our sources, there are a total of 3 available parking spaces. 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 alum/vinyl siding. 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. 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, 257 Ludington sold most recently in Jul 8, 2019 for a total of $140,000. If you work out the math, that's approximately a cost of $68.23 per sqft. Before that, the property was also sold for $46,001 in Oct 1, 1997. 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 $390 in taxes each year. 257 Ludington was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $75,000. If we break it down further, the land itself was valued at $4,200. Improvements to the property, however, were assessed at a total of $70,800. 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. 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.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.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190523
05/23/2019
Studio
-
2052 ft²
$149,900
bedrooms
Studio
bathrooms
-
square feet
2052 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 4,080
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 335
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.094
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 1OO.5O E GOLD

Ownership

  • Current Owner : RAHEL SYED H
  • Previous Owner : FERRARACCIO VINCENT
  • Previous Owner 2: FERRARACCIO RENEE
  • Owner Before Previous Owner: ARAMINI PETER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 002300

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 09985100
  • District: 140200
  • Section: 112.580
  • Parcel: 140200 112.58-4-4
  • Block: 4
  • Lot: 4.000
  • Municipality: BUFFALO
  • Latitude: 42.8871
  • Longitude: -78.8045

    Address

  • Full Address: 257 Ludington St
  • Address - House Number: 257
  • Address - Street Name: Ludington
  • Address - Suffix Type: St
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C025
  • 4-Digit Zip Code: 1427
  • Zip Code: 14206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $390
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2695
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 170,852
  • High Value: 216,903
  • Low Value: 124,802

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $137,414
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 04, 2021
  • First Open Lien Mortgage Loan Amount: $133,751
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Sep 30, 2020
  • Second Open Lien Mortgage Loan Amount: $3,663
  • Second Open Lien Mortgage Term: 349
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $107,143
  • Market Land Value: $6,000
  • Market Improvement Value: $101,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,000
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $70,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Transaction ID: 11738566720
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019240323
  • Previous Sale Recording Date: Oct 01, 1997
  • Previous Sale Contract Date: Oct 01, 1997
  • Previous Sale Amount: $46,001
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 31, 2019
  • First Mortgage Loan Amount: $135,327
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

About East Side



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Nearby Rentals

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$849 /mo

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$795 /mo

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Unit for rent at

$825 /mo

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Frequently Asked Questions

What neighborhood is 257 Ludington located in?
The 257 Ludington is a multifamily located in the neighborhood of Lovejoy in East Side, Buffalo.
What is the average sales price for listings in 257 Ludington?
The average sales price for units in 257 Ludington is $0 currently.

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