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3786 Buffalo Road

3786 Buffalo Road, Newark, NY 14513
Property in Arcadia
Sold Jan 29, 2020
$110,000
$111,111 by Premium Mortgage Co
Mortgage Due Feb 01, 2050
Local assessors in Newark, NY have categorized 3786 Buffalo Road as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 14,810 square feet. The linear feet between the front and back of the lot was measured at 1,650 ft and the front of the lot was measured at 1,070 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3786 Buffalo Road has a total of 1,176 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. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 electricity. 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, 3786 Buffalo Road sold most recently in Jan 20, 2020 for a total of $110,000. If you work out the math, that's approximately a cost of $93.54 per sqft. 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 $4,362 in taxes each year. 3786 Buffalo Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,500. If we break it down further, the land itself was valued at $15,700. Improvements to the property, however, were assessed at a total of $89,800. 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: 1976
  • Effective Year Built: 1976
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,176
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 36114-00-452565

Ownership

  • Current Owner : DUKE PAMELA J
  • Previous Owner : WEIMER SHARON G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark Central School District
  • School Tax School District: NEWARK
  • Census Tract: 021000

Zoning

  • Zoning: AG

Geography

  • Account Number: 5438-01
  • District: 542089
  • Section: 68.114
  • Parcel: 542089 68114-00-480568
  • Lot: 480.568
  • Municipality: ARCADIA (TOV)
  • Latitude: 43.1387
  • Longitude: -77.0907

    Address

  • Full Address: 3786 Buffalo Rd
  • Address - House Number: 3786
  • Address - Street Name: Buffalo
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Newark
  • Carrier Code: R002
  • 4-Digit Zip Code: 9212
  • Zip Code: 14513

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,362
  • Tax Rate Code Area: 542001

    Appraisal Valuation

  • Standard Deviation: 0.2462
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 177,834
  • High Value: 221,614
  • Low Value: 134,055

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $141,111
  • First Open Lien Mortgage Lender: PREMIUM MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jan 29, 2020
  • First Open Lien Mortgage Loan Amount: $111,111
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050
  • Second Open Lien Mortgage Lender: COMMUNITY BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 06, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 348
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $164,844
  • Market Land Value: $24,531
  • Market Improvement Value: $140,313

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,500
  • Assessed Land Value: $15,700
  • Assessed Improvements Value: $89,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 20, 2020
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Transaction ID: 11724013551
  • Current Sale Price: $110,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R9218049

    Last Sale Mortgage

  • First Mortgage Lender: PREMIUM MORTGAGE CO
  • First Mortgage Transaction Date: Jan 29, 2020
  • First Mortgage Loan Amount: $111,111
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Feb 01, 2050

About Wayne



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Frequently Asked Questions

What neighborhood is 3786 Buffalo Road located in?
The 3786 Buffalo Road is a located in the neighborhood of Arcadia in Wayne, Newark.
What is the average sales price for listings in 3786 Buffalo Road?
The average sales price for units in 3786 Buffalo Road is $0 currently.

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