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71 Colton Avenue

71 Colton Avenue, Buffalo, NY 14218
Multifamily in Lackawanna
71 Colton Avenue 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 1900 and is 124 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 71 Colton Avenue has 1,908 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 1,365 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,220 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 616 sqft. According to our sources, there are a total of 2 available parking spaces. 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 a material which is produced from two or more constituent materials. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system 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, 71 Colton Avenue sold most recently in Jul 22, 2019 for a total of $83,750. If you work out the math, that's approximately a cost of $43.89 per sqft. Before that, the property was also sold for $60,500 in Jul 13, 1998. 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. 71 Colton Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $88,000. If we break it down further, the land itself was valued at $10,600. Improvements to the property, however, were assessed at a total of $77,400. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190524
05/24/2019
Studio
-
1908 ft²
$79,900
bedrooms
Studio
bathrooms
-
square feet
1908 ft²
$83,750 +4.82%
08/07/2019
Benjamin Schwed

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,220
  • Lot Size Depth Feet: 1,365
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,908
  • Gross Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,908
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUFFALO CREEK RESERVATION
  • Land Acres: 0.189
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LLOT 22&23 CULTON TRACT D4 219 X 6O X 134.30

Ownership

  • Current Owner : BENZ DERRICK THOMAS
  • Previous Owner : BRANCHINI JOHN
  • Owner Before Previous Owner: HANZLY MICHAEL I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: MR

Geography

  • Account Number: 4523
  • District: 140900
  • Section: 142.460
  • Parcel: 140900 142.46-4-10
  • Block: 4
  • Lot: 10.000
  • Municipality: LACKAWANNA
  • Latitude: 42.8237
  • Longitude: -78.8268

    Address

  • Full Address: 71 Colton Ave
  • Address - House Number: 71
  • Address - Street Name: Colton
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C014
  • 4-Digit Zip Code: 1408
  • Zip Code: 14218

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2683
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 150,391
  • High Value: 190,747
  • Low Value: 110,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,050
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 07, 2019
  • First Open Lien Mortgage Loan Amount: $77,050
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $111,400
  • Market Land Value: $13,419
  • Market Improvement Value: $97,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,000
  • Assessed Land Value: $10,600
  • Assessed Improvements Value: $77,400

    Sales

  • Current Sale Contract Date: Jul 22, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Transaction ID: 11643992464
  • Current Sale Price: $83,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019167184
  • Previous Sale Recording Date: Jul 13, 1998
  • Previous Sale Contract Date: Jul 13, 1998
  • Previous Sale Amount: $60,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Aug 07, 2019
  • First Mortgage Loan Amount: $77,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Lackawanna



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Frequently Asked Questions

What neighborhood is 71 Colton Avenue located in?
The 71 Colton Avenue is a multifamily located in the neighborhood of Lackawanna in Lackawanna, Buffalo.
What is the average sales price for listings in 71 Colton Avenue?
The average sales price for units in 71 Colton Avenue is $79,900 , or $42/sqft. currently.

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