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528 Richmond Avenue

528 Richmond Avenue, Buffalo, NY 14222
Property in Grant Ferry
Sold Sep 27, 2022
$685,000
$479,500 by M & T Bank
Mortgage Due Oct 01, 2052
528 Richmond Avenue in Buffalo, NY was first built in 1910 and is 114 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 3 floors. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 528 Richmond Avenue has 5,031 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 500 ft and the linear feet between the front and back of the lot is 1,700. In total, the area measurement of the land is 8,500 square feet.

Learn more about the property and building on this page. There is a covered 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 garage. The garage is 750 sqft. There are a total of 3 available parking spaces. 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 good. The exterior walls of the home are made of a material which is produced from two or more constituent materials. As for heating, the home is utilizing a forced air unit and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 528 Richmond Avenue sold most recently in Sep 15, 2022 for a total of $685,000. If you work out the math, that's approximately a cost of $136.16 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 $3,253 in taxes each year. The initial year of tax delinquency occurred in 2021. 528 Richmond Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $626,000. If we break it down further, the land itself was valued at $110,800. Improvements to the property, however, were assessed at a total of $515,200. 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. 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. 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

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 2
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 750
  • Parking Space Count: 3
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,031
  • Gross Building Area: 5,031
  • Building Area: 5,031
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 5,031
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.195
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: SO COR BRECKENRIDGE

Ownership

  • Current Owner : MURRY DERRICK L
  • Current Owner 2: MURRY JOELLYN T
  • Previous Owner : CARUSO RONALD H
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 006501

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 04869100
  • District: 140200
  • Section: 99.360
  • Parcel: 140200 99.36-4-5
  • Block: 4
  • Lot: 5.000
  • Municipality: BUFFALO
  • Latitude: 42.9167
  • Longitude: -78.8825

    Address

  • Full Address: 528 Richmond Ave
  • Address - House Number: 528
  • Address - Street Name: Richmond
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C015
  • 4-Digit Zip Code: 2373
  • Zip Code: 14222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,253
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 50
  • Final Value: 705,576
  • High Value: 878,460
  • Low Value: 532,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $479,500
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Sep 27, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $479,500
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $894,286
  • Market Land Value: $158,286
  • Market Improvement Value: $736,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626,000
  • Assessed Land Value: $110,800
  • Assessed Improvements Value: $515,200

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Transaction ID: 11899192913
  • Current Sale Price: $685,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022184371

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Sep 27, 2022
  • First Mortgage Loan Amount: $479,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About West Side



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Frequently Asked Questions

What neighborhood is 528 Richmond Avenue located in?
The 528 Richmond Avenue is a located in the neighborhood of Grant Ferry in West Side, Buffalo.
What is the average sales price for listings in 528 Richmond Avenue?
The average sales price for units in 528 Richmond Avenue is $0 currently.

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