NOT LISTED FOR SALE

167 South St Lockport, NY 14094

Estimated Value: $99,000 - $171,925

4 Beds
2 Baths
2,017 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $64,000 $32 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $971/month

19 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Partially Fenced Property
  • Stained Glass
  • Property is near a bus stop
  • Heating System Uses Gas

About This Home

As of March 2022

Location means everything! Just blocks away from Route 31 and Transit Road which leads to a majority of necessities, shopping and entertainment. East Niagara Hospital and Erie Canal are walkable distances. Vacant multifamily displaying ultra rare woodwork and hardwood flooring. Very high 10 foot ceilings make rooms feel very large. Several opportunities to creatively turn spaces into extra bedrooms. Plenty of off street parking two car detached garage and long driveway. Larger windows let in an ample amount of natural light. Awaits some TLC before rent ready and cash flowing for the motivated new buyer. Sold "as is." Being an estate the seller is in no position to make repairs resulting from inspection. Please follow Covid guidelines and wear mask during showings.

Last Agent to Sell the Property

Dale Miller

Listing by Irish Jones Realty License #10401345182 Listed on: 01/13/2022

Last Buyer's Agent

Dale Miller

Listing by Irish Jones Realty License #10401345182 Listed on: 01/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 1878

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 105 x 46
  • Partially Fenced Property

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,017 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Stained Glass
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Parking

  • 2 Car Garage
  • Driveway

Location

  • Property is near a bus stop

Schools

  • Roy Kelley Elementary School
  • Emmet Belknap Middle School
  • Lockport High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 5
  • Assessor Parcel Number 290900-109-064-0001-005-000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,586

Year Built

Built in 1878

Lot Details

0

Listing Details

  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 44700
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 105
  • Lot Dimension Front: 46
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: Washburn Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 581818.18
  • Ratio Close Price By Sq Ft: 31.73
  • Ratio List Price By Acres: 726363.64
  • Ratio List Price By Sq Ft: 39.61
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities
  • Roof Description: Asphalt, Shingles
  • School Tax: 1327
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Lot Sq Ft: 4792
  • Ad Headline: Multifamily needs TLC
  • Age of Building: 144
  • Year Built: 1878
  • Above Grade Finished Sq Ft: 2017
  • Directions To Property: Transit to High Street, To Washburn, To South
  • Sq Ft Total Pub: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1878

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some, Stained Glass - Some
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Total Sq Ft: 2017

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.1100

Garage/Parking

  • Number of Electric Meters: 1
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lockport
  • Elementary School: Roy Kelley Elementary
  • Middle School: Emmet Belknap Middle
  • High School: Lockport High

Lot Info

  • Parcel Number: 290900-109-064-0001-005-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2586

MLS Schools

  • Elementary School Name: Roy Kelley Elementary
  • High School Name: Lockport High
  • Middle School Name: Emmet Belknap Middle
  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Njt Unlimited Llc
Bought by
Dialinn Properties Limited Partnership
Current Estimated Value
$134,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 18, 2022
Sold by
Rossow Richard S and Estate Of Bonnie S Rossow
Bought by
Nsf Unlimited Llc
Seller's Agent
Dale Miller
Irish Jones Realty
Buyer's Agent
Dale Miller
Irish Jones Realty
List Price
$79,900
Sold Price
$64,000
Premium/Discount to List
-$15,900
-19.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.07%

Purchase Details

Closed on
Mar 11, 1999
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
Dialinn Properties Limited Partnership $120,000 None Listed On Document
Nsf Unlimited Llc $64,000 Stewart Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dialinn Properties Limited Partnership $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $64,000 -19.9% $32 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $79,900 -- $40 / 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 $2,824 $106,000 $3,500 $102,500
2023 $2,824 $101,000 $3,500 $97,500
2022 $2,106 $92,000 $3,500 $88,500
2021 $1,763 $44,700 $7,800 $36,900
2020 $441 $44,700 $7,800 $36,900
2019 $386 $44,700 $7,800 $36,900
2018 $47 $44,700 $7,800 $36,900
2017 $46 $44,700 $7,800 $36,900
2016 $45 $44,700 $7,800 $36,900
2015 -- $44,700 $7,800 $36,900
2014 -- $44,700 $7,800 $36,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1384121

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-064-0001-005-000