541 Sherman Street

541 Sherman 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. 541 Sherman Street has 5,490 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 1,320. In total, the area measurement of the land is 6,600 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 D. The condition of the building has been evaluated as fair. As for heating, the home is utilizing 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, 541 Sherman Street sold most recently in Jun 19, 2021 for a total of $65,000. If you work out the math, that's approximately a cost of $12.82 per sqft. Before that, the property was also sold for $50,000 in Aug 4, 2020. 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 $229 in taxes each year. The initial year of tax delinquency occurred in 2020. 541 Sherman Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $44,000. If we break it down further, the land itself was valued at $6,600. Improvements to the property, however, were assessed at a total of $37,400. 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.