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81 Chatham

81 Chatham, Buffalo, NY 14216
House in Park Meadow
Sold Nov 30, 2022
$675,000
$675,000 by Td Bank Na
Mortgage Due Dec 01, 2052
Sold May 19, 2020
$489,000
$391,200 by Crosscountry Mortgage Llc
Mortgage Due Jun 01, 2050
Local assessors in Buffalo, NY have categorized 81 Chatham as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 5,080 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 400 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 2 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 81 Chatham has a total of 2,822 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 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 22, 2022 for $675,000. That's $239.19 per sqft. Prior to that sales transaction, the property was also sold in May 11, 2020 for $489,000. 81 Chatham was last assessed in 2023. The total value of the property was assessed at $308,000. Specifically, the land the property is located on was valued at $32,700. While improvements on the property were assessed at a total of $275,300. 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 $1,601. 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.

Building Features

Exterior

Vinyl Siding
Brick Exterior

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,080
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,822
  • Building Area: 2,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,822
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 71O. E ELMWOOD

Ownership

  • Current Owner : DRSD LIVING TRUST
  • Previous Owner : KLEIN AARON JAMES
  • Owner Before Previous Owner: CORR EDWARD C
  • Owner Before Previous Owner 2: CORR CAROL G
  • Ownership Rights Codes: Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 005400

Zoning

  • Zoning: N-4-30

Geography

  • Account Number: 05829300
  • District: 140200
  • Section: 89.300
  • Parcel: 140200 89.30-1-41
  • Block: 1
  • Lot: 41.000
  • Municipality: BUFFALO
  • Latitude: 42.938
  • Longitude: -78.8756

    Address

  • Full Address: 81 Chatham Ave
  • Address - House Number: 81
  • Address - Street Name: Chatham
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C021
  • 4-Digit Zip Code: 3108
  • Zip Code: 14216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,601
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2423
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 596,554
  • High Value: 741,101
  • Low Value: 452,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $675,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $675,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $46,714
  • Market Improvement Value: $393,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,000
  • Assessed Land Value: $32,700
  • Assessed Improvements Value: $275,300

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Transaction ID: 11902283256
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022224215
  • Previous Sale Recording Date: May 19, 2020
  • Previous Sale Contract Date: May 11, 2020
  • Previous Sale Amount: $489,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Nov 30, 2022
  • First Mortgage Loan Amount: $675,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 19, 2020
  • Previous Mortgage Loan Amount: $391,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 81 Chatham located in?
The 81 Chatham is a house located in the neighborhood of Park Meadow in North Buffalo, Buffalo.
What is the average sales price for listings in 81 Chatham?
The average sales price for units in 81 Chatham is $524,900 , or $186/sqft. currently.

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