NOT LISTED FOR SALE

1521 Reed Rd Arcade, NY 14009

Estimated Value: $397,000 - $425,640

3 Beds
2.5 Baths
1,980 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $335,000 $169 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,860/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Private Yard
  • 10.42 Acre Lot
  • Granite Countertops
  • Breakfast Area or Nook

About This Home

As of December 2021

Amazing setting for this 2001 built all Arcade Electric ranch sitting on over 10 acres with an additional 28x40 pole barn. Step inside and you'll find new floors in 2020, a beautifully updated kitchen in 2020 with granite countertops and the open floor plan you've been looking for!! Off the kitchen there is a great addition from 2014 that provides a ton of extra space for entertaining and opens up into the brand new stamped concrete patio with pergola. Additionally, you'll find a master suite, first floor laundry, a huge 44'x25' finished basement that includes a potential 4th bedroom with egress and an additional 12x12 room that could be used as an office etc... Step outside and you'll find a huge yard, blacktop driveway and wonderful open fields along with a 28' x 40' pole barn with lean to. The pole barn is partially insulated and heated with electric and water. There is also a run-in for horses in the pasture behind the pole barn. The square footage does not match the tax records as the addition from 2014 was not taken into account. Square footage based on updated measurements. Offers, if any, will be reviewed on Friday 9/3 @ 5pm

Last Agent to Sell the Property

Thomas Mason

Listing by Howard Hanna WNY Inc. License #10301217912 Listed on: 09/01/2021

Howard Hanna WNY Inc.

Last Buyer's Agent

Brenda Bacon

Listing by Howard Hanna WNY Inc. License #30BA0443756

Howard Hanna WNY Inc.

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 2001

Lot Details

  • 10.42 Acre Lot
  • Lot Dimensions are 678x1065
  • Rectangular Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Driveway

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Granite Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 562089-163-000-0001-001-112-0000

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$5,291

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2001
  • ResoLaundryFeatures: Main Level
  • Lot Features: Other, Rectangular, See Remarks
  • Directions: Coming from Arcade take Route 98 North, turn right onto Reed Rd. home will be .5 miles after turn on left.
  • Architectural Style: Modular/Prefab, Ranch
  • Flooring: Laminate, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Breakfast Bar, Breakfast Area, Eat-in Kitchen, Granite Counters, Kitchen/Family Room Combo, Living/Dining Room, Bedroom on Main Level, Bath in Primary Bedroom, Main Level Primary, Primary Suite
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Total Bedrooms: 11
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 10.42
  • Waterfront Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway, Private Yard, See Remarks
  • Foundation Details: Poured

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Electricity, Storage, Workshop in Garage, Water Available

Utilities

  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Pioneer

Lot Info

  • Parcel Number: 562089-163-000-0001-001-112-0000
  • Lot Dimensions: 678X1065
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5291.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Dec 20, 2021
Sold by
Holland David J and Holland Lisa
Bought by
Speta Michael J and Speta Kathleen
Seller's Agent
Thomas Mason
Howard Hanna WNY Inc.
Buyer's Agent
Brenda Bacon
Howard Hanna WNY Inc.
List Price
$315,000
Sold Price
$335,000
Premium/Discount to List
$20,000
6.35%
Current Estimated Value
$412,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,660
Avg. Annual Appreciation
3.56%
Original Mortgage
$215,000
Outstanding Balance
$199,714
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,629
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
Speta Michael J $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speta Michael J $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $335,000 +6.3% $169 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $315,000 -- $159 / 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 $8,074 $312,000 $32,300 $279,700
2023 $8,074 $312,000 $32,300 $279,700
2022 $6,967 $312,000 $32,300 $279,700
2021 $6,263 $245,000 $32,300 $212,700
2020 $4,573 $163,500 $32,300 $131,200
2019 $4,342 $151,500 $32,300 $119,200
2018 $4,342 $151,500 $32,300 $119,200
2017 $4,191 $151,500 $32,300 $119,200
2016 $4,332 $151,500 $32,300 $119,200
2015 -- $151,500 $32,300 $119,200
2014 -- $151,500 $32,300 $119,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1363353

Western New York Real Estate Information Services (WNYREIS)

APN: 562089-163-000-0001-001-112-0000