NOT LISTED FOR SALE

181 West Ave Lockport, NY 14094

Estimated Value: $178,000 - $242,679

4 Beds
3 Baths
2,556 Sq Ft
$87/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2023

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

Est. 20% increase in value since last sale

Current estimated payment $1,605 / mo

7 Days on Market

Highlights

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

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 54x85
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 290900-108-068-0002-032-000

Community Details

Overview

  • 2 Units

Building Details

  • 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

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: 716-578-8993
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Corner of West and Prospect
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lockport
  • Ninth Grade High School: Lockport High
  • Middle Or Junior School: Emmet Belknap Middle

Lot Info

  • Parcel Number: 290900-108-068-0002-032-000
  • Lot Dimensions: 54X85
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Restricted Business

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 27000.0
  • Annual Operating Expense: 11500.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4457.0

MLS Schools

  • Elementary School: Anna Merritt Elementary

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
$222,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,770
Avg. Annual Appreciation
7.13%
Original Mortgage
$189,896
Outstanding Balance
$180,976
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$41,694

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,001 $195,000 $3,800 $191,200
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

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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

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