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40 Lisbon Avenue

40 Lisbon Avenue, Buffalo, NY 14214
Multifamily in LaSalle
Local assessors in Buffalo, NY have categorized 40 Lisbon Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 4,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 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 0 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 2 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 40 Lisbon Avenue has a total of 2,114 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 360 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 open 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 fair. 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 alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 40 Lisbon Avenue was last sold in Mar 9, 2023 for $178,000. According to our calculations, that's $84.20 per sqft. Prior to that sales transaction, the property was sold for $42,500 in Sep 16, 2016. Current property owners are expected to pay $364 in taxes per year. The property on 40 Lisbon Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $70,000. To break that down further, the land itself was valued at $6,900. While improvements to the property were assessed at a total of $63,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Location

Near Public Transit
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221007
10/07/2022
Studio
-
-
$199,000
bedrooms
Studio
bathrooms
-
$179,000 -10.05%
03/28/2023
-
Jewwl Hossain
Pioneer Star Real Estate

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,114
  • Gross Building Area: 2,114
  • Building Area: 2,114
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,114
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANY S SURVEY
  • Land Acres: 0.11
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 344.72 E MAIN

Ownership

  • Current Owner : ANDRE ALGERSON
  • Previous Owner : SABRINA PROPERTY INC
  • Owner Before Previous Owner: JULES ADELSON S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 004702

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 07239200
  • District: 140200
  • Section: 79.620
  • Parcel: 140200 79.62-3-32
  • Block: 3
  • Lot: 32.000
  • Municipality: BUFFALO
  • Latitude: 42.9486
  • Longitude: -78.827

    Address

  • Full Address: 40 Lisbon Ave
  • Address - House Number: 40
  • Address - Street Name: Lisbon
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C018
  • 4-Digit Zip Code: 1411
  • Zip Code: 14214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $364
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2685
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 171,377
  • High Value: 217,393
  • Low Value: 125,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,100
  • First Open Lien Mortgage Lender: TOMPKINS TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 30, 2023
  • First Open Lien Mortgage Loan Amount: $169,100
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $9,857
  • Market Improvement Value: $90,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,000
  • Assessed Land Value: $6,900
  • Assessed Improvements Value: $63,100

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Transaction ID: 11908341247
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023055344
  • Previous Sale Recording Date: Sep 26, 2016
  • Previous Sale Contract Date: Sep 16, 2016
  • Previous Sale Amount: $42,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOMPKINS TRUST CO
  • First Mortgage Transaction Date: Mar 30, 2023
  • First Mortgage Loan Amount: $169,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

About North East



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Frequently Asked Questions

What neighborhood is 40 Lisbon Avenue located in?
The 40 Lisbon Avenue is a multifamily located in the neighborhood of LaSalle in North East, Buffalo.
What is the average sales price for listings in 40 Lisbon Avenue?
The average sales price for units in 40 Lisbon Avenue is $0 currently.

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