NOT LISTED FOR SALE

116 Locust St Lockport, NY 14094

Estimated Value: $188,511

Studio
-- Bath
4,383 Sq Ft
$43/Sq Ft Est. Value

Sale Details

Date Sold: December 5, 2019

Last sale price $112,500 $26 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,260 / mo

11 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • Heating System Uses Steam
  • Wood Flooring
  • 2 Car Garage

About This Home

As of December 2019

Investors welcome. Well maintained 4 unit with all currently rented. Stove and refrigerator included in each unit. Newer windows and insulation throughout. Close to transportation and downtown stores and restaurants. This is a great income property that you won't want to miss. Schedule your appointment today !

Last Agent to Sell the Property

Timothy Prendergast

Listing by No Office Affiliation License #10401249384 Listed on: 10/18/2019

Last Buyer's Agent

Michael Manning

Listing by Berkshire Hathaway Homeservices Zambito Realtors License #10401332325

Berkshire Hathaway Homeservices Zambito Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1916

Lot Details

  • 6,484 Sq Ft Lot
  • Lot Dimensions are 45x142

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Stone Foundation
  • Siding

Interior Spaces

  • 4,383 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Rent includes common area maintenance, electricity, gardener, heat, hot water, snow removal, trash collection, water
  • Tax Lot 10
  • Assessor Parcel Number 290900-109-018-0001-010-000

Community Details

Overview

  • 4 Units
  • City/Lockport Subdivision

Building Details

  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,720

Year Built

Built in 1916

Lot Details

6,484 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Electricity, Gardener, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1916
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: City/Lockport
  • Directions: Route 78 to East on Genesee. Right on Locust. House is on the right.
  • Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1488
  • Waterfront: No
  • Construction Type: Composite Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Lockport

Lot Info

  • Parcel Number: 290900-109-018-0001-010-000
  • Lot Dimensions: 45X142
  • Lot Size Sq Ft: 6484.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 3720.0
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2005
Sold by
Renna Giacomo
Bought by
Fonzi Louis
Current Estimated Value
$188,511

Purchase Details

Closed on
Sep 1, 2004
Sold by
Gascoyne - Estate Of Eleanor
Bought by
Renna Giacome

Purchase Details

Closed on
May 25, 2001
Sold by
Albert Mario
Bought by
Gascoyne Eleanor

Purchase Details

Closed on
Dec 11, 1998
Sold by
Gascoyne Eleanor
Bought by
Albert Mario
Source: Public Records
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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
Fonzi Louis $68,000 Patricia George
Renna Giacome -- Snell Timothy
Gascoyne Eleanor -- W. Maxwell Coykendall
Gascoyne Eleanor -- W. Maxwell Coykendall
Albert Mario $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $112,500 -9.9% $26 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $124,900 -- $28 / 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 $3,126 $115,000 $13,500 $101,500
2024 $3,126 $115,000 $13,500 $101,500
2023 $3,215 $115,000 $13,500 $101,500
2022 $2,751 $115,000 $13,500 $101,500
2021 $2,685 $68,100 $6,800 $61,300
2020 $2,628 $68,100 $6,800 $61,300
2019 $589 $68,100 $6,800 $61,300
2018 $1,900 $68,100 $6,800 $61,300
2017 $1,893 $68,100 $6,800 $61,300
2016 $1,833 $68,100 $6,800 $61,300
2015 -- $68,100 $6,800 $61,300
2014 -- $68,100 $6,800 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1233250

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-018-0001-010-000

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