NOT LISTED FOR SALE

231 S Transit St Lockport, NY 14094

Estimated Value: $249,436

Studio
3 Baths
2,592 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $70,000 $27 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,595/month

81 Days on Market

Highlights

  • Raised Ranch Architecture
  • Circular Driveway
  • Property is near bus stop
  • Home Office
  • Zoned Heating and Cooling System
  • 2-minute walk to Altro Park

About This Home

As of August 2018

HIGH RETURN ON INVESTMENTS awaits YOU!! FIRST TIME INVESTOR...HIT A HOME RUN with this ONE! 16% PLUS ROI POTENTIAL! BUSINESS OWNERS why pay someone else’s mortgage when you can have someone pay for yours? Rent 3 of the Units and Keep the 4th for YOUR OWN NEEDS! ENTRPENURES bring YOUR CREATIVITY…SO MUCH POTENTIAL HERE!! PREFER RESIDENTIAL INVESTMENTS? NO PROBLEM Currently set up as a 4 Unit Professional Office Building but Zoned R2 so could be CONVERTED into 2 APARMENTS!! High traffic location, OFF STREET PARKING, near bus line, POLE SIGN out front. Each unit has a Main Office and 2 Smaller Offices. 2 Bathrooms upstairs and 1 on the 1st floor. Two AC Units 2012! With a little bit of work this Building will SHINE! COME SEE FOR YOURSELF! CROSS LISTED WITH MLS R1101804 COMMERICAL

Last Agent to Sell the Property

Tracy Parke Gibas

Listing by RE/MAX Hometown Choice License #10401284872 Listed on: 03/02/2018

RE/MAX Hometown Choice

Last Buyer's Agent

Kevin McMullen

Listing by Towne Housing Real Estate License #10401304532

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132 x 66

Home Design

  • Raised Ranch Architecture
  • Vinyl Construction Material

Interior Spaces

  • 3 Bathrooms
  • 2,592 Sq Ft Home
  • 2-Story Property
  • Two Story Entrance Foyer
  • Home Office
  • Finished Basement

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • No Garage
  • Circular Driveway
  • Shared Driveway

Location

  • Property is near bus stop

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • Holland Purchase Community
  • Holland Purchase Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 290900-123-005-0001-024-000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 90300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 66
  • Lot Information: Near Bus Line, Primary Road
  • Lot Number: 24
  • Nearest Cross Street: WILLOW
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 350000.00
  • Ratio Close Price By Sq Ft: 27.01
  • Ratio List Price By Acres: 424500.00
  • Ratio List Price By Sq Ft: 32.75
  • Regional Board Code: Rochester
  • School Tax: 2510
  • Styles of Residence: 2 Story, Raised Ranch
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 8712
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: south transit near willow
  • Subdivision Comm Complex: Holland Purchase
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Two Story Foyer
  • Additional Rooms: Office
  • Basement Description: Finished
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Number of 1st Floor Half Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 2
  • Number of Rooms: 12
  • Half Bathrooms: 3
  • Total Bathrooms: 0.30
  • Total Sq Ft: 2592

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2000

Garage/Parking

  • Driveway Description: Blacktop, Parking Area, Shared, Turnaround
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: AC-Central, Baseboard, Multi-Zone
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 290900-123-005-0001-024-000

Tax Info

  • Total Taxes: 4871

MLS Schools

  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2014
Sold by
Chubineh Farideh
Bought by
Rmfsg Llc
Current Estimated Value
$249,436

Purchase Details

Closed on
Jun 20, 2008
Sold by
Siegel Herbert
Bought by
Chubineh Farideh

Purchase Details

Closed on
Mar 19, 1999
Sold by
Khurana Paul
Bought by
Siegel Herbert M and Kahn Dennis Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rmfsg Llc $75,000 None Available
Chubineh Farideh $90,000 Philip Chamot
Siegel Herbert M $47,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $70,000 -17.6% $27 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $84,900 -- $33 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $3,262 $120,000 $22,500 $97,500
2023 $3,355 $120,000 $22,500 $97,500
2022 $3,058 $120,000 $22,500 $97,500
2021 $3,561 $90,300 $16,200 $74,100
2020 $3,484 $90,300 $16,200 $74,100
2019 $2,511 $90,300 $16,200 $74,100
2018 $2,519 $90,300 $16,200 $74,100
2017 $2,511 $90,300 $16,200 $74,100
2016 $2,431 $90,300 $16,200 $74,100
2015 -- $90,300 $16,200 $74,100
2014 -- $90,300 $16,200 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1101807

Upstate New York Real Estate Information Services (UNYREIS)

APN: 290900-123-005-0001-024-000