NOT LISTED FOR SALE

55 Verel Ave Buffalo, NY 14218

Estimated Value: $168,933 - $251,000

4 Beds
2 Baths
2,112 Sq Ft
$98/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2021

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

Est. 12% increase in value since last sale

Current estimated payment $1,308 / mo

7 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Patio
  • 2 Car Garage

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 40x120
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Copper Plumbing

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Lackawanna Middle School
  • Lackawanna High School

Utilities

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

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,553

Year Built

Built in 1960

Lot Details

4,800 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1960
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: South Park to Verel Avenue
  • Architectural Style: Duplex
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.1102
  • Waterfront: No
  • Construction Type: Brick, Copper Plumbing
  • Exterior Features: Fully Fenced, Patio
  • Foundation Details: Poured
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Concrete, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lackawanna
  • Ninth Grade High School: Lackawanna High
  • Middle Or Junior School: Lackawanna Middle

Lot Info

  • Parcel Number: 140900-142-710-0003-014-000
  • Lot Dimensions: 40X120
  • Lot Size Sq Ft: 4800.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3553.0
  • Tax Lot: 14

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
$207,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,733
Avg. Annual Appreciation
2.48%

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
$132,589
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$74,644

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
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Average Value
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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
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

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
2025 -- $100,000 $7,600 $92,400
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

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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

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