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1 Units For Sale
492 Pearl Street in Buffalo, NY was first built in 1900 and is 124 years old.
This has been categorized as a commercial property type.
There are a total of 2 floors.
The linear feet across the front of the lot is 301 ft and the linear feet between the front and back of the lot is 1,150.
In total, the area measurement of the land is 3,462 square feet.
Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing oil. The property was last sold in May 21, 2019 for $721,000. That's $179.94 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 2008 for $538,000. 492 Pearl Street was last assessed in 2023. The total value of the property was assessed at $400,000. Specifically, the land the property is located on was valued at $38,300. While improvements on the property were assessed at a total of $361,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,079. 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.
Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing oil. The property was last sold in May 21, 2019 for $721,000. That's $179.94 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 2008 for $538,000. 492 Pearl Street was last assessed in 2023. The total value of the property was assessed at $400,000. Specifically, the land the property is located on was valued at $38,300. While improvements on the property were assessed at a total of $361,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,079. 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.
Building Features
Parking
Parking Available
This property description is generated based on publicly available data.
1 Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/06/2018
|
|
Studio
|
-
|
7291 ft²
|
$795,000
Studio
-
7291 ft²
|
$721,000
-9.31%
05/24/2019
|
-
|
Joseph Jacobi Jr.
|
Building Info
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