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556 Memorial Parkway

556 Memorial Parkway, Niagara Falls, NY 14301
Property in East Side
Sold Mar 18, 2011
$70,000
$68,225 by Key Bank Na
Mortgage Due Apr 01, 2041
Sold Mar 24, 1998
$40,000
Local assessors in Niagara Falls, NY have categorized 556 Memorial Parkway as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 660 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 556 Memorial Parkway has a total of 2,286 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of brick were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 7, 2011 for $70,000. That's $30.62 per sqft. Prior to that sales transaction, the property was also sold in Mar 23, 1998 for $40,000. 556 Memorial Parkway was last assessed in 2023. The total value of the property was assessed at $35,000. Specifically, the land the property is located on was valued at $3,200. While improvements on the property were assessed at a total of $31,800. 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 $622. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,286
  • Building Area: 2,286
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,286
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEMORIAL PARKWAY
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TM 165 BL C LOT 99

Ownership

  • Current Owner : VANEVERY DARRYL
  • Previous Owner : BUTLER E WADE
  • Owner Before Previous Owner: SETTIMI DOROTHY M H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Niagara Falls City School District
  • School Tax School District: NIAGARA FALLS
  • Census Tract: 021200

Zoning

  • Zoning: R3-B

Geography

  • Account Number: 05/2483.
  • District: 291100
  • Section: 159.23
  • Parcel: 291100 159.23-1-54
  • Block: 1
  • Lot: 54.000
  • Municipality: NIAGARA FALLS
  • Latitude: 43.0927
  • Longitude: -79.0494

    Address

  • Full Address: 556 Memorial Pkwy
  • Address - House Number: 556
  • Address - Street Name: Memorial
  • Address - Suffix Type: Pkwy
  • State: NY
  • City Name: Niagara Falls
  • Carrier Code: C059
  • 4-Digit Zip Code: 1828
  • Zip Code: 14301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $622
  • Tax Rate Code Area: 291100

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 60
  • Final Value: 106,972
  • High Value: 136,370
  • Low Value: 77,574

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $80,912
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Mar 18, 2011
  • First Open Lien Mortgage Loan Amount: $68,225
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Dec 20, 2022
  • Second Open Lien Mortgage Loan Amount: $12,687
  • Second Open Lien Mortgage Term: 281
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $64,800
  • Market Land Value: $5,925
  • Market Improvement Value: $58,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $31,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 07, 2011
  • Current Sale Recording Date: Mar 18, 2011
  • Current Sale Transaction ID: 1194850495
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011-04988
  • Previous Sale Recording Date: Mar 24, 1998
  • Previous Sale Contract Date: Mar 23, 1998
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Mar 18, 2011
  • First Mortgage Loan Amount: $68,225
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2041

About East Side



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Frequently Asked Questions

What neighborhood is 556 Memorial Parkway located in?
The 556 Memorial Parkway is a located in the neighborhood of East Side in East Side, Niagara Falls.
What is the average sales price for listings in 556 Memorial Parkway?
The average sales price for units in 556 Memorial Parkway is $0 currently.

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