NOT LISTED FOR SALE

275 Prospect St Lockport, NY 14094

Estimated Value: $141,000 - $220,669

3 Beds
2 Baths
1,040 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $67,500 $65 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,023/month

8 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Forced Air Cooling System
  • Wood Flooring
  • Woodwork
  • Shed

About This Home

As of May 2014

THIS IS A NEAT AND CLEAN MONEY MAKER. THERE IS ALSO A 38X24 GARAGE THAT IS PERFECT FOR HOBBIES, CAR OR TOOL STORAGE AND THIS AREA OFFERS A FURNACE AND CIRCUIT BREAKERS DEDICATED TO THE GARAGE/CARPORT AREA. THE REAR DECK IS SPACIOUS, THE DOMESTIC H/W TANKS ARE BRAND NEW, OWNER ONLY PAYS FOR WATER AND THERE IS ELBOW ROOM GALORE.YOU WILL BE IMPRESSED WITH UPDATES, CONDITION AND THE INCOME.

Last Agent to Sell the Property

Sam Talarico

Listing by Century 21 North East License #10301213118 Listed on: 03/05/2014

Century 21 North East

Last Buyer's Agent

Laurie Hogan

Listing by No Office Affiliation License #10401208841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1875

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 220 x 27
  • Partially Fenced Property

Home Design

  • Stone Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Tile

Parking

  • 6 Car Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 290900-108-060-0001-043-000

Community Details

Overview

  • 2 Units
  • Village/Lockport Community
  • Village/Lockport Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $12,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,001

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 139
  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 41000
  • Foundation Description: Stone
  • Gross Annual Income: 12180
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 220
  • Lot Dimension Front: 27
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 499285.7100
  • List Price per Sq Ft: 67.2115
  • Nearest Cross Street: Niagara
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 482142.86
  • Ratio Close Price By Sq Ft: 64.90
  • Ratio List Price By Acres: 499285.71
  • Ratio List Price By Sq Ft: 67.21
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 1061
  • Sale Price List Price: 0.9656
  • S P Per Acre: 482142.8600
  • S P Per Sq Ft: 64.9000
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 69900.00
  • Year Built Description: Existing
  • Age of Building: 148
  • Year Built: 1875
  • Directions To Property: NIAGARA TO PROSPECT
  • Subdivision Comm Complex: VILLAGE/LOCKPORT
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1875

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Laundry-Common, Natural Woodwork - some, Storage
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Fireplaces Total Calculated: 1
  • Number of Rooms: 7
  • Total Sq Ft: 1040

Exterior Features

  • Construction: Brick, Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Partially Fenced Yard
  • Number of Acres: 0.1400

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 6.0000
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

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

Lot Info

  • Parcel Number: 290900-108-060-0001-043-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2001

MLS Schools

  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
May 8, 2014
Sold by
Virtuoso Robett
Bought by
Person Kyle Anthony
Seller's Agent
Sam Talarico
Century 21 North East
Buyer's Agent
Laurie Hogan
No Office Affiliation
List Price
$69,900
Sold Price
$67,500
Premium/Discount to List
-$2,400
-3.43%
Current Estimated Value
$164,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,667
Avg. Annual Appreciation
8.07%
Original Mortgage
$69,120
Outstanding Balance
$52,854
Interest Rate
4.42%
Mortgage Type
VA
Estimated Equity
$111,313

Purchase Details

Closed on
Nov 23, 2005
Sold by
Tucciarone Rene
Bought by
Virtuoso Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.17%
Mortgage Type
New Conventional
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
Person Kyle Anthony $67,500 None Available
Virtuoso Robert $54,000 Alan Roscetti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Person Kyle Anthony $69,120
Previous Owner Virtuoso Robert $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $67,500 -3.4% $65 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $69,900 -- $67 / 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 $5,270 $166,000 $11,100 $154,900
2023 $4,473 $160,000 $11,100 $148,900
2022 $3,032 $145,000 $11,100 $133,900
2021 $1,617 $41,000 $6,300 $34,700
2020 $1,582 $41,000 $6,300 $34,700
2019 $354 $41,000 $6,300 $34,700
2018 $1,144 $41,000 $6,300 $34,700
2017 $1,140 $41,000 $6,300 $34,700
2016 $338 $41,000 $6,300 $34,700
2015 -- $41,000 $6,300 $34,700
2014 -- $41,000 $6,300 $34,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B446688

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-108-060-0001-043-000