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61 Terrace; Buffalo, NY Property Details

61 Terrace, Buffalo, NY is a Parking Lot. This property is currently a cash purchase and is not for sale. The lot size of 61 Terrace is 37,897 square feet.

Off market
61 Terrace Buffalo, NY 14202
$939,200 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $407,000
  • Open Loans / Balance: 1 / $933,422
  • APN: 140200 111.17-5-1.1
  • Situs County: Erie
  • Length Of Ownership: 3 years, 2 months

Structure

  • Building Condition: Average
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Lot: 37,897/SqFt

Legal Description

  • Description: EAST COR FRANKLIN IRREG N & E
Building Insights

Land Information

  • Property Type: Parking Lot
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Buffalo City School District
  • Lat / Lon: 42.880318 / -78.877975
  • Property Class: Commercial
  • Zoning: N-1D
  • County Use Code: 438

Amenities

  • Heating Fuel Type: Oil

Ownership Info

61 Terrace has no associated ownership info
61 Terrace has no associated ownership info.

Taxes

61 Terrace has 8 associated Taxes items

61 Terrace, Buffalo, NY pays taxes in Erie County, NY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $939,200. The APN we've located for 61 Terrace is 140200 111.17-5-1.1.

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Taxes
  • Assessed Value:  $939,200
  • Assessed Year:  2025
  • Assessed County:  Erie
  • APN:  140200 111.17-5-1.1
  • Assessed Land Value:  700800
  • Market Land Value:  700800
  • Market Value:  939200
  • Market Year:  2025

Tax History

61 Terrace has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $939,200 Land Value $700,800 Improvement Value $238,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $520,400 Land Value $332,700 Improvement Value $187,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $520,400 Land Value $332,700 Improvement Value $187,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $520,400 Land Value $332,700 Improvement Value $187,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $520,400 Land Value $332,700 Improvement Value $187,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $520,400 Land Value $332,700 Improvement Value $187,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $354,400 Land Value $326,400 Improvement Value $28,000 Tax Amount $13,629.2 Change Rate Assessed CR Tax Rate +0.038457%
Year 2018 Assessed Value $354,400 Land Value $326,400 Improvement Value $28,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $354,400 Land Value $326,400 Improvement Value $28,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $354,400 Land Value $326,400 Improvement Value $28,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $354,400 Land Value $326,400 Improvement Value $28,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $354,400 Land Value $326,400 Improvement Value $28,000 Tax Amount Change Rate Assessed CR Tax Rate