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310 Norwood

310 Norwood, Buffalo, NY 14222
House in Front Park
Sold Sep 24, 2018
$350,000
$199,300 by 1st Priority Mortgage Inc
Mortgage Due Aug 01, 2035
Sold Aug 31, 1995
$120,000
Local assessors in Buffalo, NY have categorized 310 Norwood as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,430 square feet. The linear feet between the front and back of the lot was measured at 980 ft and the front of the lot was measured at 350 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 310 Norwood has a total of 3,254 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 324 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 310 Norwood sold most recently in Sep 15, 2018 for a total of $350,000. If you work out the math, that's approximately a cost of $107.56 per sqft. Before that, the property was also sold for $120,000 in Aug 31, 1995. 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 $1,938 in taxes each year. 310 Norwood was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $373,000. If we break it down further, the land itself was valued at $66,200. Improvements to the property, however, were assessed at a total of $306,800. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • 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: 324
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,430
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 350
  • Total Building Area: 3,254
  • Building Area: 3,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,254
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.079
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH COR LEXINGTON

Ownership

  • Current Owner : MORANO MELISSA A
  • Previous Owner : FARABEE ALLEN W
  • Previous Owner 2: FARABEE GALEN G
  • Owner Before Previous Owner: PAIGE DAVID H NISHIMURA-PAIGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 01167100
  • District: 140200
  • Section: 100.370
  • Parcel: 140200 100.37-1-14
  • Block: 1
  • Lot: 14.000
  • Municipality: BUFFALO
  • Latitude: 42.9133
  • Longitude: -78.8806

    Address

  • Full Address: 310 Norwood Ave
  • Address - House Number: 310
  • Address - Street Name: Norwood
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C014
  • 4-Digit Zip Code: 1702
  • Zip Code: 14222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,938
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 524,770
  • High Value: 642,222
  • Low Value: 407,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,300
  • First Open Lien Mortgage Lender: 1ST PRIORITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 21, 2020
  • First Open Lien Mortgage Loan Amount: $199,300
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $532,857
  • Market Land Value: $94,571
  • Market Improvement Value: $438,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,000
  • Assessed Land Value: $66,200
  • Assessed Improvements Value: $306,800

    Sales

  • Current Sale Contract Date: Sep 15, 2018
  • Current Sale Recording Date: Sep 24, 2018
  • Current Sale Transaction ID: 11520690966
  • Current Sale Price: $350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018190922
  • Previous Sale Recording Date: Aug 31, 1995
  • Previous Sale Contract Date: Aug 31, 1995
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Land Contract

    Last Sale Mortgage

  • First Mortgage Lender: 1ST PRIORITY MORTGAGE INC
  • First Mortgage Transaction Date: Sep 24, 2018
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

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Frequently Asked Questions

What neighborhood is 310 Norwood located in?
The 310 Norwood is a house located in the neighborhood of Front Park in West Side, Buffalo.
What is the average sales price for listings in 310 Norwood?
The average sales price for units in 310 Norwood is $0 currently.

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