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76 Norwood

76 Norwood, Buffalo, NY 14222
Multifamily in Bryant
Sold Feb 22, 2021
$214,900
$416,736 by M & T Bank
Mortgage Due Mar 01, 2051
Sold Apr 12, 2019
$110,000
76 Norwood 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 1890 and is 134 years old. The home has a total of 8 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, 76 Norwood has 5,298 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 1,570 ft and across the front of the lot is 370 ft. The area measurement of the land has been determined as 5,809 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 poor. 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 wood. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. 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, 76 Norwood sold most recently in Feb 19, 2021 for a total of $214,900. If you work out the math, that's approximately a cost of $40.56 per sqft. Before that, the property was also sold for $110,000 in Apr 10, 2019. 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 $1,424 in taxes each year. 76 Norwood was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $274,000. If we break it down further, the land itself was valued at $83,900. Improvements to the property, however, were assessed at a total of $190,100. 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. 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!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

Cedar Siding
Wood Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 8
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Poor
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,809
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 370
  • Total Building Area: 5,298
  • Gross Building Area: 5,298
  • Building Area: 5,298
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 5,298
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.134
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 697.16 S BRYANT

Ownership

  • Current Owner : RYAN KATHERINE
  • Previous Owner : BUFNY HOLDINGS LLC
  • Owner Before Previous Owner: T BROTHERS INC

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 006701

Zoning

  • Zoning: N-2R

Geography

  • Account Number: 01162100
  • District: 140200
  • Section: 100.530
  • Parcel: 140200 100.53-1-41
  • Block: 1
  • Lot: 41.000
  • Municipality: BUFFALO
  • Latitude: 42.9069
  • Longitude: -78.8807

    Address

  • Full Address: 76 Norwood Ave
  • Address - House Number: 76
  • Address - Street Name: Norwood
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C007
  • 4-Digit Zip Code: 2104
  • Zip Code: 14222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,424
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 406,346
  • High Value: 476,225
  • Low Value: 336,466

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,736
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Loan Amount: $416,736
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $391,429
  • Market Land Value: $119,857
  • Market Improvement Value: $271,572

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,000
  • Assessed Land Value: $83,900
  • Assessed Improvements Value: $190,100

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11824974432
  • Current Sale Price: $214,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021033041
  • Previous Sale Recording Date: Apr 12, 2019
  • Previous Sale Contract Date: Apr 10, 2019
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $416,736
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Elmwood



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Frequently Asked Questions

What neighborhood is 76 Norwood located in?
The 76 Norwood is a multifamily located in the neighborhood of Bryant in Elmwood, Buffalo.
What is the average sales price for listings in 76 Norwood?
The average sales price for units in 76 Norwood is $229,000 , or $43/sqft. currently.

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