NOT LISTED FOR SALE

1061 Reserve Rd Unit 7 Buffalo, NY 14224

Estimated Value: $125,000 - $140,822

2 Beds
1.5 Baths
978 Sq Ft
436 Sq Ft Lot

Last Sold November 29, 2016

Last sale price $58,525 $60 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $898/month

35 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Cooling System
  • Community Storage Space
  • Orchard Park Middle School Rated A-
  • Ceramic Tile Flooring

About This Home

As of November 2016

UPDATED 2 BEDROOM UPPER CONDO ON ORCHARD PARK BORDER-UPDATED KITCHEN WITH MAPLE CABINETS AND CERAMIC TILE FLOOR-LARGE LIVING ROOM W/LAMINATE FLOORS-FULL BATH COMPLETLEY NEW AND UPDATED-NEW WINDOWS-NEW PAINT-SEPERATE BASEMENT STORAGE AREA-SHOWS EXCELLENT!!!

Last Agent to Sell the Property

John Ostrowski

Listing by Howard Hanna WNY Inc. License #30OS0810465 Listed on: 09/28/2016

Howard Hanna WNY Inc.

Last Buyer's Agent

John Ostrowski

Listing by Howard Hanna WNY Inc. License #30OS0810465 Listed on: 09/28/2016

Howard Hanna WNY Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 1 x 1

Parking

  • No Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 146800-144-190-0001-001-000-P7

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash/garbage collection, water/sewer fee
  • Colonial Manor Condo Community
  • Colonial Manor Condo Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,058

Year Built

Built in 1970

Lot Details

0

Listing Details

  • HOA Fee Includes: Common Area Maintenance, Snow Removal, Trash/Garbage Collection, Water/Sewer Fee
  • Unit Location: 2nd Floor
  • NY Swis Code: West Seneca-146800
  • Total Assessed Value: 24900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1
  • Lot Dimension Front: 1
  • Nearest Cross Street: ANGLE
  • Number of Stories: 1.0000
  • Property Type: Condo And Townhouse
  • Ratio Close Price By Acres: 5852500.00
  • Ratio Close Price By Sq Ft: 59.84
  • Ratio List Price By Acres: 6490000.00
  • Ratio List Price By Sq Ft: 66.36
  • Regional Board Code: Buffalo
  • School Tax: 1091
  • Sub Board Code: Buffalo
  • Type: Condominium
  • Type of Sale: Normal
  • Unit Floor Plan: Two Levels
  • Year Built Description: Existing
  • Lot Sq Ft: 436
  • Age of Building: 52
  • Year Built: 1970
  • Directions To Property: SOUTHWESTERN TO RESERVE
  • Subdivision Comm Complex: Colonial Manor Condo
  • Unit: 7
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Full Bathrooms: 1
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • Total Sq Ft: 978

Exterior Features

  • Construction: Brick, Vinyl
  • Number of Acres: 0.0100

Garage/Parking

  • Garage Description: No Garage
  • Parking Description: 1 Assigned Space, Open

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Condo/Co-op/Association

  • HOA Fees: 255
  • HOA Amenities: Storage
  • HOA Fees Description: Monthly

Schools

  • School District: Orchard Park

Lot Info

  • Parcel Number: 146800-144-190-0001-001-000-P7

Tax Info

  • Total Taxes: 2058

MLS Schools

  • School District Name: Orchard Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Dec 5, 2016
Sold by
Cegielski Jon
Bought by
Yang Yibin
Seller's Agent
John Ostrowski
Howard Hanna WNY Inc.
Buyer's Agent
John Ostrowski
Howard Hanna WNY Inc.
List Price
$64,900
Sold Price
$58,525
Premium/Discount to List
-$6,375
-9.82%
Current Estimated Value
$131,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,181
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Oct 20, 2004
Sold by
Hud
Bought by
Bennett Ronald P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
5.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 4, 2004
Sold by
Wells Fargo Bank Na
Bought by
Hud
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yang Yibin $58,525 None Available
Bennett Ronald P $52,501 --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Ronald P $47,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2016 11/29/16 Sold $58,525 -9.8% $60 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $64,900 +13.9% $66 / Sq Ft
03/12/2013 03/12/13 Sold $57,000 -12.2% $58 / Sq Ft View Prior Sale
12/23/2012 12/23/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $64,900 -- $66 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,419 $24,900 $2,100 $22,800
2023 $2,371 $24,900 $2,100 $22,800
2022 $2,366 $24,900 $2,100 $22,800
2021 $2,352 $24,900 $2,100 $22,800
2020 $2,345 $24,900 $2,100 $22,800
2019 $2,151 $24,900 $2,100 $22,800
2018 $2,261 $24,900 $2,100 $22,800
2017 $1,112 $24,900 $2,100 $22,800
2016 $2,171 $24,900 $2,100 $22,800
2015 -- $24,900 $2,100 $22,800
2014 -- $24,900 $2,100 $22,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1005071

Western New York Real Estate Information Services (WNYREIS)

APN: 146800-144-190-0001-001-000-P7