61 Fairelm Ln
Cheektowaga, NY 14227
3 bd 1 ba 1,121 sqft Built 1967 Lot 5,663 sqft single_family
Most recent sale
$220,500
Aug 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 16, 2022 | Sold | $220,500 | MLS #B1412114 |
| Jun 9, 2022 | Listed | $174,900 | MLS #B1412114 |
| May 15, 2015 | Sold | $92,500 | MLS #B471038 |
| Apr 1, 2015 | Listed | $999,000 | MLS #B471038 |
| Mar 24, 2015 | Listing removed | $99,900 | NYStateAlliance |
| Oct 21, 2014 | Price changed | $99,900 | MLS #B461651 |
| Sep 23, 2014 | Listed | $104,900 | MLS #B461651 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $152,300 | $15,700 | $168,000 | $6,355 |
| 2024 | $152,300 | $15,700 | $168,000 | $5,129 |
| 2023 | $152,300 | $15,700 | $168,000 | $5,058 |
| 2022 | $130,200 | $15,700 | $145,900 | $4,885 |
| 2021 | $88,400 | $11,600 | $100,000 | $4,617 |
| 2020 | $88,400 | $11,600 | $100,000 | $4,403 |
| 2019 | $88,400 | $11,600 | $100,000 | $4,266 |
| 2018 | $88,400 | $11,600 | $100,000 | $4,151 |
| 2017 | $88,400 | $11,600 | $100,000 | $4,031 |
| 2016 | $88,400 | $11,600 | $100,000 | $4,471 |
| 2015 | $88,400 | $11,600 | $100,000 | $2,163 |
| 2014 | $88,400 | $11,600 | $100,000 | $2,586 |
| 2013 | $54,800 | $7,200 | $62,000 | $4,097 |
| 2012 | $54,800 | $7,200 | $62,000 | $3,031 |
| 2011 | $54,800 | $7,200 | $62,000 | $2,433 |
| 2010 | $48,600 | $7,200 | $55,800 | $2,193 |
| 2009 | $48,600 | $7,200 | $55,800 | $2,193 |
| 2008 | $48,600 | $7,200 | $55,800 | $2,200 |
| 2007 | $48,600 | $7,200 | $55,800 | $2,200 |
| 2006 | $45,400 | $7,200 | $52,600 | $1,595 |
Property facts
Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,121 sqft
Lot size
5,663 sqft
ZIP code
14227
City
Cheektowaga
Street
Fairelm Ln
Coordinates
42.89003, -78.75788
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,323
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 61 Fairelm Ln last sell?
61 Fairelm Ln most recently sold on Aug 16, 2022 for $220,500.
What is the current tax assessment for 61 Fairelm Ln?
The most recent total assessment for 61 Fairelm Ln (year 2025) is $168,000 with $6,355 in property tax.
How does 61 Fairelm Ln's assessment compare to its last sale price?
The current assessment is 23.8% below the last sale price of $220,500.
When was 61 Fairelm Ln built?
61 Fairelm Ln was built in 1967.
How does 61 Fairelm Ln compare to others on Fairelm Ln?
We track 8 other properties on Fairelm Ln. Browse the list under "Other properties on Fairelm Ln" to compare beds, baths, and sale history.
What are the property facts for 61 Fairelm Ln?
61 Fairelm Ln is a 3 bed, 1 bath, 1,121 sqft, 5,663 sqft lot single_family.
Is 61 Fairelm Ln a flip candidate?
No — 61 Fairelm Ln does not appear in our flips dataset.
Is 61 Fairelm Ln a tax-appeal candidate?
No — 61 Fairelm Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.4%
2026 Q3
$303K
2026 Q4
$310.3K
ZIP 14227 — Median Price History + Forecast
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Geography
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