NOT LISTED FOR SALE

277 Elmwood Ave Lockport, NY 14094

Estimated Value: $123,000 - $166,831

3 Beds
2 Baths
2,120 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $104,900 $49 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $958/month

23 Days on Market

Highlights

  • Forced Air Cooling System
  • Accessible Bedroom
  • Rectangular Lot

About This Home

As of December 2023

Great Investment Opportunity! Collect $1,650/month in rent. Large lower unit with hardwood floors throughout. Lots of space with adjoining living room and dining room. Separate meters for utilities

Last Agent to Sell the Property

Tim Rosenthal

Listing by New Light Real Estate Inc. License #10311206779 Listed on: 06/28/2023

Last Buyer's Agent

Dawn Rzepka-Giancarlo

Listing by WNY Metro Roberts Realty License #10401289198

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,015

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 146 x 40
  • Rectangular Lot

Parking

  • Stone Driveway

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,120 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Bedroom

Utilities

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

Listing and Financial Details

  • Rent includes hot water, water
  • Assessor Parcel Number 290900-109-015-0001-039-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $5,191
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,015

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Accessibility: Entry Level Bedroom
  • Annual Operating Expenses: 5191
  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 85000
  • Foundation Description: Stone
  • Gross Annual Income: 19800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 146
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • Nearest Cross Street: erie
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 806923.08
  • Ratio Close Price By Sq Ft: 49.48
  • Ratio List Price By Acres: 806923.08
  • Ratio List Price By Sq Ft: 49.48
  • Regional Board Code: Buffalo
  • Rent Includes: Hot Water, Water
  • Roof Description: Asphalt
  • School Tax: 1543
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 118
  • Year Built: 1905
  • Directions To Property: Davison Rd to Tudor Lane to Elmwood or Erie St to East on Elmwood
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1905

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2120

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1300

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Parking Area, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lockport

Lot Info

  • Parcel Number: 290900-109-015-0001-039-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3015

MLS Schools

  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2007
Sold by
Delange Paul
Bought by
Michel Thomas
Current Estimated Value
$139,208
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Michel Thomas $29,000 George Muscato
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Sold $104,900 0.0% $49 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $104,900 +165.6% $49 / Sq Ft
02/09/2016 02/09/16 Sold $39,500 -13.9% $19 / Sq Ft View Prior Sale
12/16/2015 12/16/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $45,900 -- $22 / 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 $2,628 $99,000 $4,300 $94,700
2023 $2,628 $94,000 $4,300 $89,700
2022 $2,045 $85,000 $4,300 $80,700
2021 $2,031 $51,500 $6,400 $45,100
2020 $1,987 $51,500 $6,400 $45,100
2019 $445 $51,500 $6,400 $45,100
2018 $1,437 $51,500 $6,400 $45,100
2017 $1,432 $51,500 $6,400 $45,100
2016 $1,386 $51,500 $6,400 $45,100
2015 -- $51,500 $6,400 $45,100
2014 -- $51,500 $6,400 $45,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1481034

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-015-0001-039-000