NOT LISTED FOR SALE

31 Cedar St Lockport, NY 14094

Estimated Value: $161,000 - $202,000

4 Beds
2 Baths
1,440 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2021

Last sale price $124,900 $87 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,289 / mo

17 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • 1 Car Garage
  • Woodwork
  • Ceiling Fan
  • High Speed Internet

About This Home

As of October 2021

Turn Key Ready side by side duplex with 2 beds, 1 bath mirrored units. Separate driveways for each apt to accommodate 4 cars each. 1 car garage. Great for owner occupied. Many upgrades which include double pane windows, 30 yr arch roof, separate front and back entrances, baths in both units, flooring in kitchen & baths, Trane furnaces in both units, Electric baseboard heat all rooms, separate water, all copper plumbing & 4 inch copper waste lines, updated wiring & circuit breaker boxes both units 200 amps, new storm doors, lifetime warranty, ceiling fans in both units in kitchen & bedrooms, kitchen cabinets with tile in both units, new porches with rails. Showings begin 6/21/2021 at noon and negotiations begin 06/27/2021 at noon. Tenant Occupied in both units 24-hr notice required.

Last Agent to Sell the Property

Michele Tracy

Listing by HUNT Real Estate Corporation License #40TR0922137 Listed on: 06/17/2021

HUNT Real Estate Corporation

Last Buyer's Agent

Amy Koban

Listing by No Office Affiliation License #10401333102

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1972

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 133x43

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Siding
  • Copper Plumbing

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Crawl Space

Schools

  • Emmet Belknap Middle School
  • Lockport High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes common area maintenance, gardener, parking, snow removal, trash collection, water
  • Tax Lot 3
  • Assessor Parcel Number 290900-123-029-0001-003-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $1,355
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,508

Year Built

Built in 1972

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Gardener, Parking, Snow Removal, Trash Collection, Water
  • Year Built: 1972
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Transit Rd to Left on Russell, right on Weld to corner of Cedar 31-33. Sign in Place.
  • Architectural Style: Duplex
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Natural Woodwork
  • Unit Levels: One
  • Efficiency: Windows
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Crawl Space, Walk-Out Access
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.13
  • Waterfront: No
  • Construction Type: Composite Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

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

Utilities

  • Heating: Gas, Electric, Forced Air
  • 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: 290900-123-029-0001-003-000
  • Lot Dimensions: 133X43
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Annual Operating Expense: 1355.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2508.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 24, 2021
Sold by
Corrieri Michael E and Corrieri Rose M
Bought by
Oconnor Timothy J
Seller's Agent
Michele Tracy
HUNT Real Estate Corporation
Buyer's Agent
Amy Koban
No Office Affiliation
List Price
$139,900
Sold Price
$124,900
Premium/Discount to List
-$15,000
-10.72%
Current Estimated Value
$181,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,669
Avg. Annual Appreciation
8.51%
Original Mortgage
$80,000
Outstanding Balance
$71,835
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$109,734

Purchase Details

Closed on
Jun 17, 2002
Sold by
Bartholomew Donald J
Bought by
Corrieri Michael E
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

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
Oconnor Timothy J $125,000 First American Mortgage Sln
Corrieri Michael E $62,000 James Sansone
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 Oconnor Timothy J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $124,900 -10.7% $87 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $139,900 -- $97 / 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 $3,832 $148,000 $7,000 $141,000
2024 $3,832 $141,000 $7,000 $134,000
2023 $3,858 $138,000 $7,000 $131,000
2022 $2,702 $125,000 $7,000 $118,000
2021 $1,751 $44,400 $6,800 $37,600
2020 $1,713 $44,400 $6,800 $37,600
2019 $384 $44,400 $6,800 $37,600
2018 $1,239 $44,400 $6,800 $37,600
2017 $1,234 $44,400 $6,800 $37,600
2016 $1,195 $44,400 $6,800 $37,600
2015 -- $44,400 $6,800 $37,600
2014 -- $44,400 $6,800 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1345298

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-123-029-0001-003-000

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