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55 Michele Drive

55 Michele Drive, Depew, NY 14043
Property in Depew
Sold May 11, 2012
$78,500
$76,509 by Bank Of America Na
Mortgage Due Jun 01, 2042
Local assessors in Depew, NY have categorized 55 Michele Drive as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 55 Michele Drive has a total of 1,228 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 55 Michele Drive sold most recently in May 9, 2012 for a total of $78,500. If you work out the math, that's approximately a cost of $63.93 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 55 Michele Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,000. If we break it down further, the land itself was valued at $17,000. Improvements to the property, however, were assessed at a total of $151,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,228
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E COR OF CAROL LANE MC 2018 SL 61

Ownership

  • Current Owner : MCDOWELL JAMES M
  • Current Owner 2: MCDOWELL RICHARD J
  • Previous Owner : GAMBINO JOHN
  • Previous Owner 2: PODSIADIO ELIZABETH R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lancaster Central School District
  • School Tax School District: LANCASTER
  • Census Tract: 009702

Zoning

  • Zoning: 02R

Geography

  • Account Number: 104 0288000
  • District: 143003
  • Section: 92.200
  • Parcel: 143003 92.20-4-1
  • Block: 4
  • Lot: 1.000
  • Municipality: DEPEW
  • Latitude: 42.9211
  • Longitude: -78.7054

    Address

  • Full Address: 55 Michele Dr
  • Address - House Number: 55
  • Address - Street Name: Michele
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Depew
  • Carrier Code: C008
  • 4-Digit Zip Code: 1408
  • Zip Code: 14043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 145201

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 213,719
  • High Value: 265,193
  • Low Value: 162,245

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $168,509
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 11, 2012
  • First Open Lien Mortgage Loan Amount: $76,509
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2042
  • Second Open Lien Mortgage Lender: KEY BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 06, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $92,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 06, 2052

    Market Valuation

  • Market Total Value: $184,615
  • Market Land Value: $18,681
  • Market Improvement Value: $165,934

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,000
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $151,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 09, 2012
  • Current Sale Recording Date: May 11, 2012
  • Current Sale Transaction ID: 1117500216
  • Current Sale Price: $78,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012108503

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 11, 2012
  • First Mortgage Loan Amount: $76,509
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2042

About Depew



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Frequently Asked Questions

What neighborhood is 55 Michele Drive located in?
The 55 Michele Drive is a located in the neighborhood of Depew in Depew, Depew.
What is the average sales price for listings in 55 Michele Drive?
The average sales price for units in 55 Michele Drive is $0 currently.

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