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432 Richmond Avenue

432 Richmond Avenue, Buffalo, NY 14222
Property in Front Park
1 Units For Sale
Unit for sale at 432 Richmond Avenue, Buffalo, NY 14222

$849,500

  • Commercial
432 Richmond Avenue, Buffalo, NY 14222 Listing by Michael J Hartke Jr

432 Richmond Avenue 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 1918 and is 106 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. The linear feet between the front and back of the lot is 1,179 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 13,068 square feet.

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 342 sqft. According to our sources, there is one available parking space. 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 B by the local assessor. The exterior walls of the building are made of wood. 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. 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, 432 Richmond Avenue was last sold in Jul 14, 2023 for $500,000. According to our calculations, that's $132.70 per sqft. Prior to that sales transaction, the property was sold for $404,000 in Dec 26, 2012. Current property owners are expected to pay $2,469 in taxes per year. The property on 432 Richmond Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $475,000. To break that down further, the land itself was valued at $83,800. While improvements to the property were assessed at a total of $391,200. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Driveway

Shared Driveway

Location

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 5
  • Basement Type: Unfinished basement
  • Basement Area: 1,560
  • Garage Type: Detached
  • Garage Square Area: 342
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,179
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,768
  • Gross Building Area: 3,768
  • Building Area: 3,768
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LATE SOUTH VILLAGE
  • Land Acres: 0.3
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 272. N RHODE IS WH 47X97 R OF 2 LTS

Ownership

  • Current Owner : BARWELL THOMAS M
  • Current Owner 2: BARWELL NATALIE L
  • Previous Owner : RICHMOND AVE LLC
  • Owner Before Previous Owner: HARTKE MICHAEL J
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 00807700
  • District: 140200
  • Section: 99.440
  • Parcel: 140200 99.44-6-2
  • Block: 6
  • Lot: 2.000
  • Municipality: BUFFALO
  • Latitude: 42.9143
  • Longitude: -78.8826

    Address

  • Full Address: 432 Richmond Ave
  • Address - House Number: 432
  • Address - Street Name: Richmond
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C015
  • 4-Digit Zip Code: 2701
  • Zip Code: 14222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,469
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 51
  • Final Value: 530,748
  • High Value: 660,265
  • Low Value: 401,230

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,372
  • First Open Lien Mortgage Lender: RICHMOND AVE LLC
  • First Open Lien Mortgage Recording Date: Jul 19, 2023
  • First Open Lien Mortgage Loan Amount: $480,372
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2033

    Market Valuation

  • Market Total Value: $678,571
  • Market Land Value: $119,714
  • Market Improvement Value: $558,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,000
  • Assessed Land Value: $83,800
  • Assessed Improvements Value: $391,200

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Transaction ID: 11913676469
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023122281
  • Previous Sale Recording Date: Jan 04, 2013
  • Previous Sale Contract Date: Dec 26, 2012
  • Previous Sale Amount: $404,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RICHMOND AVE LLC
  • First Mortgage Transaction Date: Jul 19, 2023
  • First Mortgage Loan Amount: $480,372
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2033

About West Side



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Frequently Asked Questions

What neighborhood is 432 Richmond Avenue located in?
The 432 Richmond Avenue is a located in the neighborhood of Front Park in West Side, Buffalo.
How many listings are currently for sale in 432 Richmond Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 432 Richmond Avenue?
The average sales price for units in 432 Richmond Avenue is $849,500 currently.

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