NOT LISTED FOR SALE

110 Terrace Ln Elma, NY 14059

Estimated Value: $623,000 - $721,000

3 Beds
2.5 Baths
2,978 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 15, 2019

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

Est. 78% increase in value since last sale

Current estimated payment $4,421/month

178 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Loft
  • Wooded Lot
  • Cathedral Ceiling
  • 2 Fireplaces

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 Stovroff & Taylor Realtors License #31TA1038665 Listed on: 05/24/2018

Last Buyer's Agent

Jacqueline Taylor

Listing by Stovroff & Taylor Realtors 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 337 x 45
  • Partially Fenced Property
  • Rectangular Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,978 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Sliding Doors
  • Formal Dining Room
  • Home Office
  • Loft
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Laundry on main level

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air 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

0

Listing Details

  • NY Swis Code: Elma-144200
  • Total Assessed Value: 17800
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 337
  • Lot Dimension Front: 45
  • Lot Information: Neighborhood Street, Water View, Wooded Lot
  • Lot Number: 3
  • Lot Shape: Rectangular
  • Nearest Cross Street: Stolle Road
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 253333.33
  • Ratio Close Price By Sq Ft: 127.60
  • Ratio List Price By Acres: 266600.00
  • Ratio List Price By Sq Ft: 134.28
  • Regional Board Code: Buffalo
  • School Tax: 6263
  • Styles of Residence: 2 Story, Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 65340
  • Age of Building: 34
  • Year Built: 1988
  • Directions To Property: Bullis Road to Stolle Road, Right to Terrace Lane. Last house on the right - Property Located at Bottom of Winding Driveway.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Attic Fan, Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Natural Woodwork - some, Skylight, Sliding Glass Door, Wet Bar
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Foyer/Entry Hall, Laundry-1st Floor, Living Room, Loft, Master Bedroom Bath, Office, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Finished, Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Convection, Cooktop - Electric, Dishwasher, Microwave, Oven/Range Built-In, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • Total Sq Ft: 2978

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, Partially Fenced Yard
  • Number of Acres: 1.5000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 2.5000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Iroquois

Lot Info

  • Parcel Number: 144200-147-000-0001-003-260

Tax Info

  • Total Taxes: 8946

MLS Schools

  • School District Name: Iroquois

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
Stovroff & Taylor Realtors
Buyer's Agent
Jacqueline Taylor
Stovroff & Taylor Realtors
List Price
$479,900
Sold Price
$380,000
Premium/Discount to List
-$99,900
-20.82%
Current Estimated Value
$677,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,589
Avg. Annual Appreciation
9.26%
Original Mortgage
$361,000
Outstanding Balance
$317,383
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$360,206
Source: Public Records

Range of Values:

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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 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 $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

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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