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56 Lorraine Ave; Buffalo, NY Property Details

56 Lorraine Ave, Buffalo, NY is a Single Family that was built in 1927. This property is currently Financed and is not for sale. Our records show that 56 Lorraine Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,488 square feet. The lot size of 56 Lorraine Ave is 4,400 square feet.

Off market
56 Lorraine Ave Buffalo, NY 14220
$235,000 Listing Price
4 Beds
2 Baths
1,488 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1927
  • Purchase Price: $235,000
  • Est. Equity / %: $249,000 / 100%
  • Gross Yield: 8.458%
  • APN: 140200 133.40-5-47
  • Situs County: Erie
  • Length Of Ownership: 11 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1.25
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true

Measurements

  • Total: 1,488/SqFt
  • Lot: 4,400/SqFt
  • Attic: 237/SqFt
  • Garage: 252/SqFt
  • Living: 1,488/SqFt
  • Building: 1,488/SqFt
  • Ground: 1,251/SqFt
  • Attic Finished: 237/SqFt
  • Price Per Square Foot: $157.93

Legal Description

  • Description: 53O.11 E MC KINLEY
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Buffalo City School District
  • Lat / Lon: 42.847046 / -78.815315
  • Subdivision: The Bufallo Creek Reservation
  • Property Class: Residential
  • Zoning: N-3R
  • County Use Code: 210

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 1741
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

56 Lorraine Ave has no associated ownership info
56 Lorraine Ave has no associated ownership info.

Taxes

56 Lorraine Ave has 10 associated Taxes items

56 Lorraine Ave, Buffalo, NY pays taxes in Erie County, NY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $215,000. The APN we've located for 56 Lorraine Ave is 140200 133.40-5-47.

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Taxes
  • Assessed Value:  $215,000
  • Assessed Year:  2025
  • Assessed County:  Erie
  • APN:  140200 133.40-5-47
  • Assessed Land Value:  21000
  • Market Land Value:  21000
  • Tax Amount:  2263.93
  • Tax Year:  2025
  • Market Value:  215000
  • Market Year:  2025

Tax History

56 Lorraine Ave has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $215,000 Land Value $21,000 Improvement Value $194,000 Tax Amount $2,263.93 Change Rate +1.901544% Assessed CR Tax Rate +0.01053%
Year 2024 Assessed Value $154,000 Land Value $10,700 Improvement Value $143,300 Tax Amount $780.25 Change Rate -0.025077% Assessed CR Tax Rate +0.005067%
Year 2023 Assessed Value $154,000 Land Value $10,700 Improvement Value $143,300 Tax Amount $800.32 Change Rate +0.033524% Assessed CR Tax Rate +0.005197%
Year 2022 Assessed Value $154,000 Land Value $10,700 Improvement Value $143,300 Tax Amount $774.36 Change Rate Assessed CR Tax Rate +0.005028%
Year 2021 Assessed Value $154,000 Land Value $10,700 Improvement Value $143,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $154,000 Land Value $10,700 Improvement Value $143,300 Tax Amount $566.48 Change Rate -0.719462% Assessed CR Tax Rate +0.003678%
Year 2019 Assessed Value $73,600 Land Value $6,300 Improvement Value $67,300 Tax Amount $2,019.26 Change Rate Assessed CR Tax Rate +0.027436%
Year 2018 Assessed Value $73,600 Land Value $6,300 Improvement Value $67,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $73,600 Land Value $6,300 Improvement Value $67,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $267.88 Change Rate Assessed CR Tax Rate