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580 Ridge Road

580 Ridge Road, Buffalo, NY 14218
Property in Lackawanna
Sold Nov 22, 2021
$90,000
$119,600 by M & T Bank
Mortgage Due Dec 01, 2051
580 Ridge Road has been categorized by the local assessors in Buffalo, NY as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 14 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 580 Ridge Road has 1,382 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,830 ft and across the front of the lot is 421 ft. The area measurement of the land has been determined as 16,086 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 580 Ridge Road sold most recently in Nov 16, 2021 for a total of $90,000. If you work out the math, that's approximately a cost of $65.12 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 $0 in taxes each year. 580 Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $137,000. If we break it down further, the land itself was valued at $13,300. Improvements to the property, however, were assessed at a total of $123,700. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Total Rooms: 14
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 16,086
  • Lot Size Depth Feet: 3,830
  • Lot Size Frontage Feet: 421
  • Total Building Area: 1,382
  • Gross Building Area: 1,382
  • Building Area: 1,382
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,382
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUFFALO CREEK INDIAN RESERVATION
  • Land Acres: 0.37
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: LOT BUFFALO CREEK RES D3 2 X 42.1X 355.9

Ownership

  • Current Owner : KIRKWOOD AN MARIE
  • Previous Owner : PANTERA DORIS J
  • Previous Owner 2: PANTERA JOSEPH B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lackawanna City School District
  • School Tax School District: LACKAWANNA
  • Census Tract: 012300

Zoning

  • Zoning: CBD

Geography

  • Account Number: 4095
  • District: 140900
  • Section: 142.380
  • Parcel: 140900 142.38-1-1
  • Block: 1
  • Lot: 1.000
  • Municipality: LACKAWANNA
  • Latitude: 42.8262
  • Longitude: -78.8302

    Address

  • Full Address: 580 Ridge Rd
  • Address - House Number: 580
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C009
  • 4-Digit Zip Code: 1320
  • Zip Code: 14218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 140900

    Appraisal Valuation

  • Standard Deviation: 0.2538
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 182,835
  • High Value: 229,240
  • Low Value: 136,430

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $143,800
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $119,600
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: M & T BANK
  • Second Open Lien Mortgage Recording Date: Nov 22, 2021
  • Second Open Lien Mortgage Loan Amount: $24,200
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Nov 22, 2051

    Market Valuation

  • Market Total Value: $173,400
  • Market Land Value: $16,834
  • Market Improvement Value: $156,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,000
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $123,700

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11875270215
  • Current Sale Price: $90,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2021233745

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $119,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 580 Ridge Road located in?
The 580 Ridge Road is a located in the neighborhood of Lackawanna in Lackawanna, Buffalo.
What is the average sales price for listings in 580 Ridge Road?
The average sales price for units in 580 Ridge Road is $0 currently.

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