NOT LISTED FOR SALE

110 Terrace Ln Elma, NY 14059

Estimated Value: $637,000 - $720,000

3 Beds
2.5 Baths
2,978 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2019

Last sale price $380,000 $128 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,349 / mo

178 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Traditional Architecture
  • Iroquois Senior High School Rated 9+
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of April 2019

Enjoy the serene setting and absorb the beauty of all 4 Seasons in this Custom Built Walter Schmidt Home over-looking Buffalo Creek from the expansive deck wrapping around the back of the home: warmth exudes throughout ! Soaring Cathedral Ceiling, floor to ceiling WBFP in Living Room, open kitchen adjacent to formal Dining Area. Master bedroom with full bath, Guest Bathroom and Laundry Room all on the First Floor. Beautiful, open stairway to the 2nd floor leading to a Sitting Room overlooking the expansive Living Room area. Two large bedrooms and a full bath complete the 2nd floor. Lower Level completely finished with a Den or 4th bedroom, wood-burning stove and walkout to the fully fenced back yard. Attached Garage with space for 2 full size vehicles and one small vehicle. Located at the end of a Residential Street tucked away in the trees...this is Country Living at its best, at the same time convenient to all everyday needs.....MUST SEE TO APPRECIATE.

Last Agent to Sell the Property

Jacqueline Taylor

Listing by No Office Affiliation License #31TA1038665 Listed on: 05/24/2018

Last Buyer's Agent

Jacqueline Taylor

Listing by No Office Affiliation License #31TA1038665 Listed on: 05/24/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,946

Year Built

  • Built in 1988

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 45x337
  • Partially Fenced Property
  • Rectangular Lot
  • Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,978 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 144200-147-000-0001-003-260

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,946

Year Built

Built in 1988

Lot Details

1.5 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1988
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot, Views, Wooded
  • Road Frontage Type: City Street
  • Directions: Bullis Road to Stolle Road, Right to Terrace Lane. Last house on the right - Property Located at Bottom of Winding Driveway.
  • Architectural Style: Two Story, Traditional
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Home Office, Living/Dining Room, Other, See Remarks, Sliding Glass Door(s), Skylights, Natural Woodwork, Window Treatments, Bedroom on Main Level, Loft, Bath in Primary Bedroom, Main Level Primary
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 1.5
  • View: Yes
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Vinyl Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Deck, Fence
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Iroquois

Lot Info

  • Parcel Number: 144200-147-000-0001-003-260
  • Lot Dimensions: 45X337
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8946.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Apr 12, 2019
Sold by
Schaeffer Phillip C and Schaeffer Carol A
Bought by
Lorentz Kristen M and Lorentz Lucas
Seller's Agent
Jacqueline Taylor
No Office Affiliation
Buyer's Agent
Jacqueline Taylor
No Office Affiliation
List Price
$479,900
Sold Price
$380,000
Premium/Discount to List
-$99,900
-20.82%
Current Estimated Value
$666,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,674
Avg. Annual Appreciation
8.34%
Original Mortgage
$361,000
Outstanding Balance
$312,790
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$353,884
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lorentz Kristen M $380,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorentz Kristen M $361,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $380,000 -5.0% $128 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
09/11/2018 09/11/18 Price Changed $399,900 -2.4% $134 / Sq Ft
08/24/2018 08/24/18 Price Changed $409,900 -6.8% $138 / Sq Ft
08/20/2018 08/20/18 Price Changed $439,900 -4.3% $148 / Sq Ft
08/06/2018 08/06/18 Price Changed $459,900 -2.1% $154 / Sq Ft
07/10/2018 07/10/18 Price Changed $469,900 -2.1% $158 / Sq Ft
05/24/2018 05/24/18 For Sale $479,900 -- $161 / 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 $10,073 $17,800 $2,600 $15,200
2024 $10,073 $17,800 $2,600 $15,200
2023 $9,946 $17,800 $2,600 $15,200
2022 $9,904 $17,800 $2,600 $15,200
2021 $9,685 $17,800 $2,600 $15,200
2020 $9,507 $17,800 $2,600 $15,200
2019 $7,712 $17,800 $2,600 $15,200
2018 $8,270 $17,800 $2,600 $15,200
2017 $2,514 $17,800 $2,600 $15,200
2016 $7,846 $17,800 $2,600 $15,200
2015 -- $17,800 $2,600 $15,200
2014 -- $17,800 $2,600 $15,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jacqueline Taylor

    No Office Affiliation

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Map

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

MLS Number: B1120811

Western New York Real Estate Information Services (WNYREIS)

APN: 144200-147-000-0001-003-260

New York Erie County Elma 14059

110 Terrace Ln, Elma, NY

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