NOT LISTED FOR SALE

103 Prospect St Lockport, NY 14094

Estimated Value: $142,000 - $195,000

3 Beds
3 Baths
2,116 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 08, 2012

Last sale price $61,250 $29 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,184/month

293 Days on Market

Highlights

  • Partial Attic
  • Forced Air Cooling System
  • Property is near bus stop
  • Corner Lot
  • Shed
  • Wall to Wall Carpet

About This Home

As of August 2012

Excellent owner occupied or a good solid investment. Spacious apartments. 3 new hot water tanks, 2nd floor apt has new gas furnace. All seperate utilities keeps costs under control. Apt 1 has updated kitchen. Upper apt has updated berber carpet and new furnace. Lower 1 bedroom apt has huge bedroom and nice eat-in kitchen. There is a 4 car garage which could be rented for extra cash. Overall good "bones". This property can generate a nice income after expenses. Put it on your short list and take a look..

Last Agent to Sell the Property

David Vanschoonhoven

Listing by Howard Hanna WNY Inc. License #30VA0687500 Listed on: 08/05/2011

Howard Hanna WNY Inc.

Last Buyer's Agent

Dianne Shaw

Listing by No Office Affiliation License #40SH0780052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,158

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 123 x 51
  • Corner Lot
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,116 Sq Ft Home
  • 2-Story Property
  • Partial Attic
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Linoleum

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 4 Car Garage
  • Stone Driveway

Schools

  • Charles A Upson Elementary School
  • North Park Middle School
  • Lockport High School

Utilities

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

Additional Features

  • Shed
  • Property is near bus stop

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 290900-109-017-0001-015-000

Community Details

Overview

  • 3 Units
  • City/Lockport Community
  • City/Lockport Subdivision

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $1,900
  • Gross Income $16,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,158

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 111
  • Annual Operating Expenses: 1900
  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 67200
  • Foundation Description: Stone
  • Gross Annual Income: 16500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 123
  • Lot Dimension Front: 51
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 466000.0000
  • List Price per Sq Ft: 33.0340
  • Nearest Cross Street: Bacon
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 408333.33
  • Ratio Close Price By Sq Ft: 28.95
  • Ratio List Price By Acres: 466000.00
  • Ratio List Price By Sq Ft: 33.03
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Refuse Removal, Water
  • School Tax: 1747
  • Sale Price List Price: 0.8762
  • S P Per Acre: 408333.3300
  • S P Per Sq Ft: 28.9461
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 69900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Transit to West Ave to Left on Prospect to corner of Prospect and Bacon
  • Subdivision Comm Complex: CITY/LOCKPORT
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space, Partial
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Rooms: 10
  • Total Sq Ft: 2116

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1500

Garage/Parking

  • Number of Electric Meters: 4
  • Number of Garage Spaces: 4.0000
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 290900-109-017-0001-015-000

Rental Info

  • Certificate of Occupancy: Not Supplied
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3158

MLS Schools

  • Elementary School Name: Charles A Upson Elementary
  • High School Name: Lockport High
  • Middle School Name: North Park Middle
  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2011
Closed on
Aug 3, 2012
Sold by
Mattucci Karen J
Bought by
Pomovay Talan J
Seller's Agent
David Vanschoonhoven
Howard Hanna WNY Inc.
Buyer's Agent
Dianne Shaw
No Office Affiliation
List Price
$77,500
Sold Price
$61,250
Premium/Discount to List
-$16,250
-20.97%
Current Estimated Value
$161,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,881
Avg. Annual Appreciation
7.43%
Original Mortgage
$60,140
Outstanding Balance
$9,646
Interest Rate
3.67%
Mortgage Type
FHA
Estimated Equity
$151,485

Purchase Details

Closed on
Dec 4, 2007
Sold by
Currie John
Bought by
Mattucci Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1997
Sold by
Schultz Richard C
Bought by
Currie John A and Currie Paullette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pomovay Talan J $61,250 Walter Moxham
Mattucci Karen $65,000 Angelo Dimillo
Currie John A $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pomovay Talan J $60,140
Previous Owner Mattucci Karen $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2012 08/08/12 Sold $61,250 -21.0% $29 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
08/05/2011 08/05/11 For Sale $77,500 -- $37 / 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 $4,172 $144,000 $8,000 $136,000
2023 $3,201 $141,000 $8,000 $133,000
2022 $581 $128,000 $8,000 $120,000
2021 $581 $67,200 $4,900 $62,300
2020 $581 $67,200 $4,900 $62,300
2019 $581 $67,200 $4,900 $62,300
2018 $1,158 $67,200 $4,900 $62,300
2017 $573 $67,200 $4,900 $62,300
2016 -- $67,200 $4,900 $62,300
2015 -- $67,200 $4,900 $62,300
2014 -- $67,200 $4,900 $62,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B391932

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-017-0001-015-000