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54 Gates Circle

54 Gates Circle, Buffalo, NY 14209
54 Gates Circle in Buffalo, NY was first built in 1980 and is 44 years old. This has been categorized as a commercial property type. There are a total of 2 floors. 54 Gates Circle has 6,128 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 870 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 5,227 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. 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. As for heating, the home is utilizing oil. The property was last sold in Oct 1, 2020 for $600,000. That's $126.90 per sqft. 54 Gates Circle was last assessed in 2023. The total value of the property was assessed at $420,000. Specifically, the land the property is located on was valued at $52,300. While improvements on the property were assessed at a total of $367,700. 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 $2,183. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191020
10/20/2019
Loft
-
4528 ft²
$679,000
bedrooms
Loft
bathrooms
-
square feet
4528 ft²
$600,000 -11.63%
10/05/2020
Peggy L. Kirk

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Business/Commerical Units Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,600
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 870
  • Total Building Area: 4,728
  • Gross Building Area: 4,728
  • Building Area: 4,728
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,128
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.12
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: EAST COR. DELAWARE (54) 8.01 ON DELAWRE TRI FKA 4 GATES CIRCLE

Ownership

  • Current Owner : MAYWALT MICHAEL F
  • Current Owner 2: BARGNESI JAMES F
  • Previous Owner : CARLISI ROY
  • Previous Owner 2: CARLISI GLORIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School Tax School District: BUFFALO
  • Census Tract: 016900

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 03848500
  • District: 140200
  • Section: 89.790
  • Parcel: 140200 89.79-3-36
  • Block: 3
  • Lot: 36.000
  • Municipality: BUFFALO
  • Latitude: 42.9213
  • Longitude: -78.8672

    Address

  • Full Address: 54 Gates Cir
  • Address - House Number: 54
  • Address - Street Name: Gates
  • Address - Suffix Type: Cir
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C002
  • 4-Digit Zip Code: 1132
  • Zip Code: 14209

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,183
  • Tax Rate Code Area: 140200

    Market Valuation

  • Market Total Value: $600,000
  • Market Land Value: $74,714
  • Market Improvement Value: $525,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,000
  • Assessed Land Value: $52,300
  • Assessed Improvements Value: $367,700

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Transaction ID: 11802275970
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020167266

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: Oct 05, 2020
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Elmwood



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Frequently Asked Questions

What neighborhood is 54 Gates Circle located in?
The 54 Gates Circle is a commercial located in the neighborhood of Delaware - West Ferry in Elmwood, Buffalo.
What is the average sales price for listings in 54 Gates Circle?
The average sales price for units in 54 Gates Circle is $679,000 , or $150/sqft. currently.

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