NOT LISTED FOR SALE

55 Verel Ave Buffalo, NY 14218

Estimated Value: $178,878 - $256,000

4 Beds
2 Baths
2,112 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $185,500 $88 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,391/month

7 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Forced Air Cooling System
  • Fenced Yard
  • Woodwork
  • Patio

About This Home

As of October 2021

AWESOME 2/2 ALL BRICK DOUBLE ON DEAD END STREET - 2.5 DETACHED CAR GARAGE WITH COVERED PATIO IN FULLY FENCED YARD. LOWER APT HAS COMPLETELY REMODELED KITCHEN & BATHROOM, GRANITE FOYER FLOOR. NICE BRIGHT 2ND FLOOR APT WITH FULL LIVING & LARGE KITCHEN & REMODELED BATH! FULL BASEMENT & GLASS BLOCK WINDOWS. MANY UPDATES INCLUDE - REMODELED BATHS 2014, 2 CIRCUIT BREAKER PANELS 2013, 2020 LOWER H2O TANK, MOSTLY NEW WINOWS & MORE! ASLO SEE MLS B1327396 AS SINGLE FAMILY. ANY AND ALL OFFER DUE BY 4.12.2021 AT NOON.

Last Agent to Sell the Property

Eric Winklhoser

Listing by Century 21 North East License #10301222879 Listed on: 04/05/2021

Century 21 North East

Last Buyer's Agent

AKM Husen

Listing by Howard Hanna WNY Inc. License #10401337586

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1960

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 120 x 40
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Thermal Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Schools

  • Lackawanna Middle School
  • Lackawanna High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 140900-142-710-0003-014-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,553

Year Built

Built in 1960

Lot Details

0

Listing Details

  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 100000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 14
  • Lot Shape: Rectangular
  • Nearest Cross Street: South Park
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1683303.09
  • Ratio Close Price By Sq Ft: 87.83
  • Ratio List Price By Acres: 1360254.08
  • Ratio List Price By Sq Ft: 70.98
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 1066
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4800
  • Age of Building: 62
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 2112
  • Directions To Property: South Park to Verel Avenue
  • Sq Ft Total Pub: 2112
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some, Sump Pump
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2112

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, Garage Door Opener, Patio, Thermal Windows - Some
  • Number of Acres: 0.1102

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140900-142-710-0003-014-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3553

MLS Schools

  • High School Name: Lackawanna High
  • Middle School Name: Lackawanna Middle
  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Aug 25, 2021
Sold by
Tareq Sayed H
Bought by
Tareq Sayed H and Tanir Mst Nazminahar
Seller's Agent
Eric Winklhoser
Century 21 North East
Buyer's Agent
AKM Husen
Howard Hanna WNY Inc.
List Price
$149,900
Sold Price
$185,500
Premium/Discount to List
$35,600
23.75%
Current Estimated Value
$226,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,720
Avg. Annual Appreciation
4.78%

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 14, 2021
Sold by
Taravella Michael A and Shul Christine E
Bought by
Tareq Sayed H
Seller's Agent
Eric Winklhoser
Century 21 North East
Buyer's Agent
AKM Husen
Howard Hanna WNY Inc.
List Price
$149,900
Sold Price
$185,000
Premium/Discount to List
$35,100
23.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
Original Mortgage
$148,400
Outstanding Balance
$134,358
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$91,862

Purchase Details

Listed on
Mar 18, 2013
Closed on
Jul 19, 2013
Sold by
Executri Sturm Julie Executrix Julie
Bought by
Taravella Michael A Michael A
Seller's Agent
Sue Caferro
No Office Affiliation
Buyer's Agent
Deborah Pristach
No Office Affiliation
List Price
$107,900
Sold Price
$97,500
Premium/Discount to List
-$10,400
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$95,733
Interest Rate
3.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tareq Sayed H -- None Available
Tareq Sayed H $185,500 None Available
Taravella Michael A Michael A $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tareq Sayed H $148,400
Previous Owner Taravella Michael A Michael A $95,733
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $185,500 +23.7% $88 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $149,900 +53.7% $71 / Sq Ft
07/26/2013 07/26/13 Sold $97,500 -9.6% $46 / Sq Ft View Prior Sale
04/15/2013 04/15/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $107,900 -- $51 / 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 $2,504 $100,000 $7,600 $92,400
2023 $2,601 $100,000 $7,600 $92,400
2022 $2,155 $100,000 $7,600 $92,400
2021 $1,841 $100,000 $7,600 $92,400
2020 $1,467 $100,000 $7,600 $92,400
2019 $3,418 $72,000 $4,800 $67,200
2018 $2,048 $72,000 $4,800 $67,200
2017 $1,108 $72,000 $4,800 $67,200
2016 $1,906 $72,000 $4,800 $67,200
2015 -- $72,000 $4,800 $67,200
2014 -- $72,000 $4,800 $67,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1327179

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-710-0003-014-000