NOT LISTED FOR SALE

138 Cottage St Unit 5 Lockport, NY 14094

Estimated Value: $312,695

-- Bed
-- Bath
6,812 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $142,500 $21 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,074/month

47 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Partially Fenced Property
  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of December 2015

Ready to show!!Spacious, Exceptionally, well maintained 5 unit investment property. Consists of 4-1 bd, 1bath apts & 1-lg bed & sm bdrm(nursery or lg closet) & bath unit. Stove & fridge in all units are included in sale. sep furnaces & newer hwts within last 5 yrs, full attic & basement & 2 car garage for xtra income.Elect & plumbing all to code, 1 unit gutted & redone, 2 newer bathroms, newer kitchens, flooring. Roof & siding on garage 2013. Roof frt house 2011 roof back house 2014. Money Maker!!!!!

Last Agent to Sell the Property

Michele Tracy

Listing by Howard Hanna WNY Inc. License #40TR0922137 Listed on: 07/13/2015

Howard Hanna WNY Inc.

Last Buyer's Agent

Dana Fideli

Listing by Keller Williams Realty WNY License #10401268824

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 70x198
  • Partially Fenced Property
  • Irregular Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 6,812 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Laminate

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes common area maintenance, snow removal, trash collection, water
  • Assessor Parcel Number 290900-109-070-0002-045-000

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Gas Meters
  • Operating Expense $9,000
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • Lot Features: Irregular Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: High St to cottage to 138.
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.32
  • Waterfront: No
  • Construction Type: Brick, Wood Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Fence

Garage/Parking

  • Parking Features: Driveway

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

Lot Info

  • Parcel Number: 290900-109-070-0002-045-000
  • Lot Dimensions: 70X198
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 9000.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 4800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Dec 23, 2015
Sold by
Winquist Gerard C
Bought by
Wolfcat Properties Llc
Seller's Agent
Michele Tracy
Howard Hanna WNY Inc.
Buyer's Agent
Dana Fideli
Keller Williams Realty WNY
List Price
$149,900
Sold Price
$142,500
Premium/Discount to List
-$7,400
-4.94%
Current Estimated Value
$312,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,195
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
May 14, 2008
Sold by
Dorin John
Bought by
Winquist Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,137
Interest Rate
5.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wolfcat Properties Llc $142,500 Allan Roscetti
Winquist Gerard $110,000 Richard May
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winquist Gerard $109,137
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $142,500 -4.9% $21 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
07/11/2015 07/11/15 For Sale $149,900 -- $22 / 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 $5,252 $160,000 $30,500 $129,500
2023 $4,971 $160,000 $30,500 $129,500
2022 $4,015 $160,000 $30,500 $129,500
2021 $4,495 $114,000 $15,900 $98,100
2020 $4,399 $114,000 $15,900 $98,100
2019 $986 $114,000 $15,900 $98,100
2018 $3,180 $114,000 $15,900 $98,100
2017 $3,169 $114,000 $15,900 $98,100
2016 $3,069 $114,000 $15,900 $98,100
2015 -- $114,000 $15,900 $98,100
2014 -- $114,000 $15,900 $98,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B480010

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-070-0002-045-000