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60 Summit Avenue

60 Summit Avenue, Buffalo, NY 14214
House in Parkside
Sold Dec 27, 2018
$244,000
$6,963 by M & T Bank
Mortgage Due Aug 01, 2030
Sold Oct 28, 2005
$71,000
$56,800 by M & T Mortgage Corp
Mortgage Due Nov 01, 2035
60 Summit Avenue in Buffalo, NY was first built in 1905 and is 119 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 60 Summit Avenue has 1,647 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,977 square feet.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 60 Summit Avenue sold most recently in Nov 30, 2018 for a total of $244,000. If you work out the math, that's approximately a cost of $148.15 per sqft. Before that, the property was also sold for $71,000 in Oct 11, 2005. 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 $1,133 in taxes each year. 60 Summit Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $218,000. If we break it down further, the land itself was valued at $54,000. Improvements to the property, however, were assessed at a total of $164,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,977
  • Lot Size Frontage Feet: 449
  • Total Building Area: 1,647
  • Building Area: 1,647
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,647
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND COMPANYS SURVEY
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 211.61 S JEWETT PKWY 112 IRR S 118 IRR N

Ownership

  • Current Owner : BONN LISA A
  • Previous Owner : PANUS ELIZABETH ALICE
  • Owner Before Previous Owner: SCHULZ WILLIAM D
  • Owner Before Previous Owner 2: ADAMY WILLIAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buffalo City School District
  • School Tax School District: BUFFALO
  • Census Tract: 005201

Zoning

  • Zoning: N-3R

Geography

  • Account Number: 06137900
  • District: 140200
  • Section: 89.420
  • Parcel: 140200 89.42-2-8
  • Block: 2
  • Lot: 8.000
  • Municipality: BUFFALO
  • Latitude: 42.9352
  • Longitude: -78.8484

    Address

  • Full Address: 60 Summit Ave
  • Address - House Number: 60
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C007
  • 4-Digit Zip Code: 2306
  • Zip Code: 14214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,133
  • Tax Rate Code Area: 140200

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 327,257
  • High Value: 406,018
  • Low Value: 248,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,963
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $6,963
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2030

    Market Valuation

  • Market Total Value: $311,429
  • Market Land Value: $77,143
  • Market Improvement Value: $234,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,000
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $164,000

    Sales

  • Current Sale Contract Date: Nov 30, 2018
  • Current Sale Recording Date: Dec 27, 2018
  • Current Sale Transaction ID: 11558123572
  • Current Sale Price: $244,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018258147
  • Previous Sale Recording Date: Oct 28, 2005
  • Previous Sale Contract Date: Oct 11, 2005
  • Previous Sale Amount: $71,000
  • Previous Sale Document Type: Executor's Deed

    Previous Mortgages

  • Previous Mortgage Lender: M & T MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 28, 2005
  • Previous Mortgage Loan Amount: $56,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About North Buffalo



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 60 Summit Avenue located in?
The 60 Summit Avenue is a house located in the neighborhood of Parkside in North Buffalo, Buffalo.
What is the average sales price for listings in 60 Summit Avenue?
The average sales price for units in 60 Summit Avenue is $0 currently.

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