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515 Hinman Avenue

515 Hinman Avenue, Buffalo, NY 14216
Property in Military
515 Hinman Avenue in Buffalo, NY was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 515 Hinman Avenue has 1,600 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 2,700 square feet.

Learn more about the property and building on this page. There is a open porch. 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. For those who need parking, there is a detached garage. The garage is 360 sqft. There is one available parking space. 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. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with oil. 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, 515 Hinman Avenue sold most recently in Apr 12, 2023 for a total of $115,000. If you work out the math, that's approximately a cost of $71.88 per sqft. Before that, the property was also sold for $1,000 in Feb 28, 2019. 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 $301 in taxes each year. The initial year of tax delinquency occurred in 2022. 515 Hinman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,000. If we break it down further, the land itself was valued at $4,800. Improvements to the property, however, were assessed at a total of $53,200. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Parking

Paved Parking

Location

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230127
01/27/2023
Studio
-
-
$155,000
bedrooms
Studio
bathrooms
-
$115,000 -25.81%
04/14/2023
-
Maya Haddad
Hunt Real Estate ERA

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • 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: 2,700
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,600
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.062
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 152.05 E MILITARY

Ownership

  • Current Owner : 1900 SENECA PROPERTIES LLC
  • Previous Owner : ALFATLAWI MARYAM
  • Owner Before Previous Owner: ALGHANMI AHMED
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 005600

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 05574300
  • District: 140200
  • Section: 77.430
  • Parcel: 140200 77.43-4-11
  • Block: 4
  • Lot: 11.000
  • Municipality: BUFFALO
  • Latitude: 42.9568
  • Longitude: -78.8888

    Address

  • Full Address: 515 Hinman Ave
  • Address - House Number: 515
  • Address - Street Name: Hinman
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C027
  • 4-Digit Zip Code: 1020
  • Zip Code: 14216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $301
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 121,643
  • High Value: 152,417
  • Low Value: 90,869

    Market Valuation

  • Market Total Value: $82,857
  • Market Land Value: $6,857
  • Market Improvement Value: $76,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,000
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $53,200

    Sales

  • Current Sale Contract Date: Apr 12, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Transaction ID: 11908399416
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023064144
  • Previous Sale Recording Date: Mar 07, 2019
  • Previous Sale Contract Date: Feb 28, 2019
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: Warranty Deed

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 515 Hinman Avenue located in?
The 515 Hinman Avenue is a located in the neighborhood of Military in Riverside, Buffalo.
What is the average sales price for listings in 515 Hinman Avenue?
The average sales price for units in 515 Hinman Avenue is $145,000 currently.

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