NOT LISTED FOR SALE

61 Verel Ave Buffalo, NY 14218

Estimated Value: $169,000 - $203,000

3 Beds
1.5 Baths
1,572 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $160,000 $102 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,198/month

3 Days on Market

Highlights

  • Old Style Architecture
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room
  • Porch
  • Living Room

About This Home

As of September 2022

Conveniently located 3 bedroom 1.5 bathroom home with 2+ car detached garage. The kitchen offers a center island and a pass-through area to the family room. For the convenience of the buyer, the stove, refrigerator and microwave will stay. Directly off the kitchen is a formal dining room which has 2 closets for extra storage. Beautifully remodeled family room from the studs out (2020). Nice size living room for entertaining. One of the 3 bedrooms is located on the first floor, as well as a full bath. 2 larger bedrooms upstairs and a half bathroom. Glass block windows in basement. A/C installed 2019, roof was redone in 2013 or 2014. 24 hr notice required for showings. Seller may need time to find suitable housing. Showings begin 7/28/22 @10am. Offers will be reviewed as they come in.

Last Agent to Sell the Property

Marie Ely-Leggett

Listing by HUNT Real Estate Corporation License #10301220077 Listed on: 07/26/2022

HUNT Real Estate Corporation

Last Buyer's Agent

Todd Vanderlip

Listing by Park Realty of WNY LLC License #10491209533

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1939

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 120 x 60
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Old Style Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,572 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Scuttle Attic Hole

Kitchen

  • Free-Standing Range
  • Microwave
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near a bus stop

Utilities

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

Community Details

  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 140900-142-710-0003-016-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 85000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 16
  • Lot Shape: Rectangular
  • Nearest Cross Street: South Park Ave.
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 967937.08
  • Ratio Close Price By Sq Ft: 101.78
  • Ratio List Price By Acres: 846339.99
  • Ratio List Price By Sq Ft: 88.99
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 1085
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7200
  • Age of Building: 83
  • Year Built: 1939
  • Above Grade Finished Sq Ft: 1572
  • Directions To Property: South Park in Lackawanna to Verel Avenue. Dairy Queen is on the corner of South Park and Verel Avenue.
  • Sq Ft Total Pub: 1572
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1939

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Sump Pump
  • Additional Rooms: 1st Floor Bedroom, Family Room, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Crawl Space, Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Freestanding, Refrigerator
  • Kitchen Dining Description: Formal Dining Room, Island
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1572

Exterior Features

  • Construction: Aluminum/Steel, Brick
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.1653

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Lackawanna

Lot Info

  • Parcel Number: 140900-142-710-0003-016-000

Tax Info

  • Total Taxes: 2903

MLS Schools

  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 30, 2022
Sold by
Paquet Benjamin A
Bought by
Albanese Nicholas S and Albanese Joanne
Seller's Agent
Marie Ely-Leggett
HUNT Real Estate Corporation
Buyer's Agent
Todd Vanderlip
Park Realty of WNY LLC
List Price
$139,900
Sold Price
$160,000
Premium/Discount to List
$20,100
14.37%
Views
6
Current Estimated Value
$190,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,800
Avg. Annual Appreciation
6.73%
Original Mortgage
$120,000
Outstanding Balance
$114,861
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$78,256

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 7, 2018
Sold by
Tarnowski Raymond and Tarnowski Joan
Bought by
Paquet Benjamin A
Seller's Agent
William Page
WNY Metro Roberts Realty
Buyer's Agent
Dawn Melin
No Office Affiliation
List Price
$79,900
Sold Price
$82,900
Premium/Discount to List
$3,000
3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.17%
Original Mortgage
$74,610
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Albanese Nicholas S $160,000 Chicago Title Insurance Co
Paquet Benjamin A $829,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albanese Nicholas S $120,000
Previous Owner Paquet Benjamin A $74,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $160,000 +14.4% $102 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $139,900 +68.8% $89 / Sq Ft
08/09/2018 08/09/18 Sold $82,900 +3.8% $53 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $79,900 -- $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 -- $85,000 $10,000 $75,000
2023 $1,897 $85,000 $10,000 $75,000
2022 $1,815 $85,000 $10,000 $75,000
2021 $1,833 $85,000 $10,000 $75,000
2020 $698 $85,000 $10,000 $75,000
2019 $1,848 $60,000 $7,200 $52,800
2018 $751 $60,000 $7,200 $52,800
2017 $616 $60,000 $7,200 $52,800
2016 $786 $60,000 $7,200 $52,800
2015 -- $60,000 $7,200 $52,800
2014 -- $60,000 $7,200 $52,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1421795

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-710-0003-016-000