NOT LISTED FOR SALE

250 N Transit St Lockport, NY 14094

Estimated Value: $133,000 - $169,705

4 Beds
3 Baths
2,472 Sq Ft
$60/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $96,500 $39 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,029/month

14 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Rectangular Lot
  • Woodwork
  • Baseboard Heating
  • Partially Fenced Property

About This Home

As of February 2020

Excellent opportunity for owner to occupy one unit and collect rent from 2 tenants.Well maintained property has 3 bedroom unit on entire 1st floor with huge laundry room. Full basement holds 3 boiler units,3 circuit breaker panels and 3 HWT's. Good storage area. Second floor holds 2 units. Each has 1 bedroom, living room, kitchen,full bath. All units clean and neat...ready to rent.(One is leased).New roof in 2019, newer tilt-in vinyl windows, "Ever-Dry" basement and sump pump warranty ($27 annual fee), some new flooring, some new carpeting, fresh paint, appliances included, more. Good size back yard is partially fenced, 2 car garage, large patio. Must see...You won't be disappointed!

Last Agent to Sell the Property

Sandra Golonka

Listing by Howard Hanna WNY Inc. License #40GO1180110 Listed on: 11/28/2019

Howard Hanna WNY Inc.

Last Buyer's Agent

Joan McGuire

Listing by No Office Affiliation License #40MC0950670

No Office Affiliation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,915

Year Built

  • Built in 1880

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 198 x 82
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Schools

  • Lockport High School

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes grounds maintenance, refuse removal, snow removal, water
  • Tax Lot 73
  • Assessor Parcel Number 290900-109-046-0001-073-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,915

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 70200
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 198
  • Lot Dimension Front: 82
  • Lot Information: Neighborhood Street
  • Lot Number: 73
  • Lot Shape: Rectangular
  • Nearest Cross Street: Grand Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 257333.33
  • Ratio Close Price By Sq Ft: 39.04
  • Ratio List Price By Acres: 257333.33
  • Ratio List Price By Sq Ft: 39.04
  • Regional Board Code: Buffalo
  • Rent Includes: Grounds Maintenance, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 2037
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 16335
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: Located on Route 78 (Transit Rd) just north of Grand Street.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some, Storage
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2472

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard
  • Number of Acres: 0.3750

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop, Garage, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 290900-109-046-0001-073-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3915

MLS Schools

  • High School Name: Lockport High
  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2019
Closed on
Jan 29, 2020
Sold by
Schlee Michele A
Bought by
Adams Timothy J
Seller's Agent
Sandra Golonka
Howard Hanna WNY Inc.
Buyer's Agent
Joan McGuire
No Office Affiliation
List Price
$96,500
Sold Price
$96,500
Current Estimated Value
$148,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,176
Avg. Annual Appreciation
7.85%
Original Mortgage
$94,751
Outstanding Balance
$84,117
Interest Rate
3.74%
Mortgage Type
FHA
Estimated Equity
$64,559
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
Adams Timothy J $96,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Timothy J $94,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $96,500 0.0% $39 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
11/28/2019 11/28/19 For Sale $96,500 -- $39 / 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 $3,017 $111,000 $10,900 $100,100
2023 $2,992 $107,000 $10,900 $96,100
2022 $2,445 $97,000 $10,900 $86,100
2021 $2,768 $70,200 $7,600 $62,600
2020 $2,709 $70,200 $7,600 $62,600
2019 $1,952 $70,200 $7,600 $62,600
2018 $1,958 $70,200 $7,600 $62,600
2017 $1,952 $70,200 $7,600 $62,600
2016 $1,890 $70,200 $7,600 $62,600
2015 -- $70,200 $7,600 $62,600
2014 -- $70,200 $7,600 $62,600
Source: Public Records

Agents Affiliated with this Home

  • Sandra Golonka

    Seller's Agent in 2020

    Sandra Golonka

    Howard Hanna

    (716) 601-4973

    37 in this area

    127 Total Sales

    Sandra Golonka
    Section Image

  • J

    Buyer's Agent in 2020

    Joan McGuire

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1240239

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-046-0001-073-000

New York Niagara County Lockport 14094

250 N Transit St, Lockport, NY

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