NOT LISTED FOR SALE

371 Central Ave Lancaster, NY 14086

Estimated Value: $328,000 - $460,000

4 Beds
3 Baths
2,164 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $200,000 $92 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,292/month

Highlights

  • Wood Flooring
  • Partial Attic
  • Patio
  • Lancaster High School Rated A-
  • Forced Air Cooling System
  • Property is near bus stop

About This Home

As of April 2015

Sold before print

Last Agent to Sell the Property

J. Gerard Green

Listing by RE/MAX Precision License #10491210016 Listed on: 02/04/2015

RE/MAX Precision

Last Buyer's Agent

J. Gerard Green

Listing by RE/MAX Precision License #10491210016 Listed on: 02/04/2015

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1949

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 157 x 132
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,164 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Attic

  • Partial Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3 Car Garage
  • Driveway

Schools

  • Central Avenue Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

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

Additional Features

  • Patio
  • Property is near bus stop

Listing and Financial Details

  • Rent includes heat
  • Assessor Parcel Number 145289-104-340-0002-036-100

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1949

Lot Details

0.48 Acres

Listing Details

  • Age: 66
  • NY Swis Code: Lancaster-145289
  • Total Assessed Value: 134000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 157
  • Lot Dimension Front: 132
  • Lot Information: Near Bus Line, Primary Road
  • Lot Shape: Rectangular
  • L P Per Acre: 437500.0000
  • List Price per Sq Ft: 97.0425
  • Nearest Cross Street: Walden
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 416666.67
  • Ratio Close Price By Sq Ft: 92.42
  • Ratio List Price By Acres: 437500.00
  • Ratio List Price By Sq Ft: 97.04
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Heat
  • School Tax: 3500
  • Sale Price List Price: 0.9523
  • S P Per Acre: 416666.6700
  • S P Per Sq Ft: 92.4200
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 210000.00
  • Year Built Description: Existing
  • Age of Building: 73
  • Year Built: 1949
  • Directions To Property: Walden to central
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Sump Pump
  • Attic Description: Partial, Pull Down Stairs
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some
  • Number of Rooms: 10
  • Total Sq Ft: 2164

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard, Patio
  • Number of Acres: 0.4800

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 145289-104-340-0002-036-100

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 5500

MLS Schools

  • Elementary School Name: Central Avenue Elementary
  • High School Name: Lancaster High
  • Middle School Name: Lancaster Middle
  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Noco Properties Llc
Bought by
Noco Express Properties Llc
Current Estimated Value
$415,729

Purchase Details

Listed on
Feb 4, 2015
Closed on
Apr 9, 2015
Seller's Agent
J. Gerard Green
RE/MAX Precision
Buyer's Agent
J. Gerard Green
RE/MAX Precision
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
May 4, 2009
Sold by
Nosek Janina and Nosek Anthony M
Bought by
Petro Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,239
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Noco Express Properties Llc -- None Available
Noco Express Properties Llc -- None Available
-- $200,000 --
-- $200,000 --
Petro Kathryn E $133,653 Ticor Title Insurance Co
Petro Kathryn E $133,653 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petro Kathryn E $100,239
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2015 04/03/15 Sold $200,000 -4.8% $92 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $210,000 -- $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
2024 $1,823 $34,800 $34,800 $0
2023 $1,805 $34,800 $34,800 $0
2022 $5,721 $175,000 $34,800 $140,200
2021 $5,662 $175,000 $34,800 $140,200
2020 $5,694 $175,000 $34,800 $140,200
2019 $5,073 $134,000 $21,200 $112,800
2018 $5,396 $134,000 $21,200 $112,800
2017 $2,800 $134,000 $21,200 $112,800
2016 $5,130 $134,000 $21,200 $112,800
2015 -- $134,000 $21,200 $112,800
2014 -- $134,000 $21,200 $112,800
Source: Public Records

Agents Affiliated with this Home

  • J. Gerard Green

    Seller's Agent in 2015

    J. Gerard Green

    RE/MAX

    (716) 866-8307

    57 Total Sales

    J. Gerard Green
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Map

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

MLS Number: B468040

Western New York Real Estate Information Services (WNYREIS)

APN: 145289-104-340-0002-036-100

New York Erie County Lancaster 14086

371 Central Ave, Lancaster, NY

Not Listed for Sale

MultiFamily

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