NOT LISTED FOR SALE

103 Prospect St Lockport, NY 14094

Estimated Value: $134,000 - $167,000

3 Beds
3 Baths
2,116 Sq Ft
$69/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2012

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

Est. 139% increase in value since last sale

Current estimated payment $1,130 / mo

293 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Carpet
  • Corner Lot
  • 4 Car Garage

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 51x123
  • Corner Lot
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Gravel Driveway

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,116 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Kitchen

  • Oven
  • Free-Standing Range
  • Range Hood

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 290900-109-017-0001-015-000

Community Details

Overview

  • 3 Units
  • City/Lockport Subdivision

Building Details

  • 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

6,534 Sq Ft Lot

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1900
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: CITY/LOCKPORT
  • Directions: Transit to West Ave to Left on Prospect to corner of Prospect and Bacon
  • Architectural Style: Triplex
  • Flooring: Carpet, Linoleum, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Other, See Remarks
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Free-Standing Range, Gas Water Heater, Oven, Range Hood
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Gravel

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lockport
  • Ninth Grade High School: Lockport High
  • Middle Or Junior School: North Park Middle

Lot Info

  • Parcel Number: 290900-109-017-0001-015-000
  • Lot Dimensions: 51X123
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 16500.0
  • Annual Operating Expense: 1900.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3158.0

MLS Schools

  • Elementary School: Charles A Upson Elementary

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
$146,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,365
Avg. Annual Appreciation
6.54%
Original Mortgage
$60,140
Outstanding Balance
$6,782
Interest Rate
3.67%
Mortgage Type
FHA
Estimated Equity
$139,833

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

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
2025 $4,172 $151,000 $8,000 $143,000
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

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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

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