NOT LISTED FOR SALE

181 West Ave Lockport, NY 14094

Estimated Value: $181,000 - $237,668

4 Beds
3 Baths
2,556 Sq Ft
$83/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $185,900 $73 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,510/month

7 Days on Market

Highlights

  • Wood Flooring
  • High Speed Internet
  • Partially Fenced Property
  • Hot Water Heating System
  • Rectangular Lot

About This Home

As of September 2023

Attention all investors and owner occupants! Check out the rents on this one, A historic building located just minutes from Lockport City Center and the Lockport Locks, Large units featuring 4 bedrooms, 3 baths, full basement and garage. Can't find a single family, here is the solution. Live in one and collect the rent on adjoining unit to help pay the mortgage. Both units were extensively remodeled Modern kitchens and baths. Large eat-in kitchens with easy access to the yard. Spacious rooms, rear apartment occupied with long-term tenant who is current on their rent and would like to stay, this property is perfect for your investment portfolio. Townhouse style apartment with three bedrooms two baths with plenty of room. The second unit is a one bedroom on the first floor with its own private entrance. Seller will look at all offers… Don’t miss out on this one! (Property tax record is stated as R-2 Urban-3, Land use as 2 family residential duplex) Two-Porches, laundry in both units, new roof complete tear off 2019, showings and offers start immediately. See also (B1484874)

Last Agent to Sell the Property

William Yaple

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-578-8993 License #10401245489 Listed on: 07/18/2023

HUNT Real Estate Corporation

Last Buyer's Agent

Jessica Patchin

Listing by No Office Affiliation License #10401304085

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 85 x 54
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 1 Car Garage
  • Driveway

Schools

  • Anna Merritt Elementary School
  • Emmet Belknap Middle School
  • Lockport High School

Utilities

  • Multiple Heating Units
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes refuse removal, water
  • Assessor Parcel Number 290900-108-068-0002-032-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $11,500
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,457

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Annual Operating Expenses: 11500
  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 69700
  • Foundation Description: Stone
  • Gross Annual Income: 27000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 85
  • Lot Dimension Front: 54
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • Nearest Cross Street: Prospect
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1690000.00
  • Ratio Close Price By Sq Ft: 72.73
  • Ratio List Price By Acres: 1690000.00
  • Ratio List Price By Sq Ft: 72.73
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 2288
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4792
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Corner of West and Prospect
  • Attribution Contact: 716-578-8993
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2556

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.1100

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 290900-108-068-0002-032-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4457

MLS Schools

  • Elementary School Name: Anna Merritt 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

Listed on
Jul 18, 2023
Closed on
Sep 21, 2023
Sold by
Miller-Kotrys Mary T
Bought by
Ludwig Sean C
Seller's Agent
William Yaple
HUNT Real Estate Corporation
Buyer's Agent
Jessica Patchin
No Office Affiliation
List Price
$185,900
Sold Price
$185,900
Views
36
Current Estimated Value
$212,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,517
Avg. Annual Appreciation
5.57%
Original Mortgage
$189,896
Outstanding Balance
$183,071
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$29,346

Purchase Details

Closed on
May 31, 2021
Sold by
Andrews Kyle R and Estate Of Matthew E Miller
Bought by
Miller Kotrys Mary T

Purchase Details

Closed on
Sep 29, 2006
Sold by
Muffett Dwight
Bought by
Miller Matthew

Purchase Details

Closed on
May 30, 2000
Sold by
Rinaldo John S and Rinaldo Dorothy A
Bought by
Muffett Dwight

Purchase Details

Closed on
May 10, 1996
Sold by
Barone Albert V
Bought by
Rinaldo John A and Rinaldo Dorothy
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ludwig Sean C $186,000 Stewart Title
Miller Kotrys Mary T -- None Available
Miller Matthew $65,000 Kathleen Gaines
Muffett Dwight $58,000 David P Natemeier
Rinaldo John A $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig Sean C $189,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $185,900 0.0% $73 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $185,900 -- $73 / 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
2024 $5,001 $184,000 $3,800 $180,200
2023 $3,858 $138,000 $3,800 $134,200
2022 $2,966 $126,000 $3,800 $122,200
2021 $2,748 $69,700 $4,200 $65,500
2020 $2,689 $69,700 $4,200 $65,500
2019 $603 $69,700 $4,200 $65,500
2018 $1,945 $69,700 $4,200 $65,500
2017 $1,938 $69,700 $4,200 $65,500
2016 $1,876 $69,700 $4,200 $65,500
2015 -- $69,700 $4,200 $65,500
2014 -- $69,700 $4,200 $65,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1484865

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-108-068-0002-032-000

Your Personal Tour Guide

Ask me questions while you tour the home.