NOT LISTED FOR SALE

40 Colonial Ave Lancaster, NY 14086

Estimated Value: $250,000 - $297,718

3 Beds
2 Baths
1,248 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $235,040 $188 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,914/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Separate Formal Living Room
  • Lancaster High School Rated A-
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of December 2021

Welcome home to this beautiful 3 bedroom 2 FULL bath home on a quiet street in Lancaster School District! Inside the open-style floor plan, you'll find the kitchen with refinished cabinets, butcher block countertops, stainless steel appliances (that stay!), a separate eating nook opening up to the large living room/dining room with updated can lighting, flooring, paint and trim. The first floor bedroom has been converted to a playroom or would make a great office space or could be turned back into a bedroom, with a full bath on the first floor! Heading upstairs, you'll find two good-sized bedrooms, one having an attached master bath! Walk out of the sliding glass doors to your beautiful deck with covering and backyard, both great for entertaining! Showings begin Friday 10/1 and offers, if any, are due 10/8 @ 12pm.

Last Agent to Sell the Property

Mike Moran

Listing by HUNT Real Estate Corporation License #10401334141 Listed on: 09/29/2021

HUNT Real Estate Corporation

Last Buyer's Agent

Tina Spyres

Listing by HUNT Real Estate Corporation License #40SP0867379

HUNT Real Estate Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,168

Year Built

  • Built in 1950

Lot Details

  • 8,032 Sq Ft Lot
  • Lot Dimensions are 64x124

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Separate Formal Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Court Street Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 145203-115-260-0002-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,168

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1950
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Broadway to Park Blvd to Colonial Ave
  • Architectural Style: Cape Cod
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Entrance Foyer, Separate/Formal Living Room, Other, See Remarks, Bedroom on Main Level
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8
  • Stories: 1

Exterior Features

  • Acres: 0.1844
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Lancaster
  • Ninth Grade High School: Lancaster High
  • Middle Or Junior School: Lancaster Middle

Lot Info

  • Parcel Number: 145203-115-260-0002-001-000
  • Lot Dimensions: 64X124
  • Lot Size Sq Ft: 8032.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5168.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Court Street Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 15, 2021
Sold by
Boyle Timothy P and Markut Melysa T
Bought by
Heist Gregory J
Seller's Agent
Mike Moran
HUNT Real Estate Corporation
Buyer's Agent
Tina Spyres
HUNT Real Estate Corporation
List Price
$199,900
Sold Price
$235,040
Premium/Discount to List
$35,140
17.58%
Current Estimated Value
$269,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,140
Avg. Annual Appreciation
4.11%
Original Mortgage
$223,288
Outstanding Balance
$207,140
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$65,321

Purchase Details

Listed on
Sep 3, 2017
Closed on
Nov 6, 2017
Sold by
Janus Kathryn
Bought by
Boyle Timothy P and Markut Melysa T
Seller's Agent
Laura Friend
Keller Williams Realty WNY
Buyer's Agent
Maureen Prinzbach
No Office Affiliation
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$151,667
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 15, 2015
Sold by
Richards Wendy S
Bought by
Janus Kathryn
Seller's Agent
Joseph Commisso
No Office Affiliation
Buyer's Agent
Laura Friend
Keller Williams Realty WNY
List Price
$139,900
Sold Price
$137,500
Premium/Discount to List
-$2,400
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jul 10, 2003
Sold by
Richards Douglas W
Bought by
Richards Wendy S

Purchase Details

Closed on
Sep 15, 1994
Sold by
Gacek Mark D and Cheryl Gacek W
Bought by
Richards Douglas and Richards Wend W
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
Heist Gregory J $235,040 None Available
Boyle Timothy P $159,650 None Available
Janus Kathryn $137,500 None Available
Richards Wendy S -- --
Richards Douglas $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heist Gregory J $223,288
Previous Owner Boyle Timothy P $151,667
Previous Owner Richards Wendy S $92,000
Previous Owner Richards Wendy S $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $235,040 +4.5% $188 / Sq Ft
10/09/2021 10/09/21 Price Changed $224,900 +12.5% $180 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $199,900 +29.0% $160 / Sq Ft
11/07/2017 11/07/17 Sold $155,000 +3.4% $124 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
09/03/2017 09/03/17 For Sale $149,900 +9.0% $120 / Sq Ft
10/26/2015 10/26/15 Sold $137,500 -1.7% $110 / Sq Ft
08/08/2015 08/08/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $139,900 -- $112 / 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 -- $160,000 $29,800 $130,200
2023 $5,375 $160,000 $29,800 $130,200
2022 $5,220 $160,000 $29,800 $130,200
2021 $3,943 $160,000 $29,800 $130,200
2020 $4,585 $160,000 $29,800 $130,200
2019 $4,312 $108,000 $21,200 $86,800
2018 $4,477 $108,000 $21,200 $86,800
2017 $1,387 $108,000 $21,200 $86,800
2016 $4,338 $108,000 $21,200 $86,800
2015 -- $108,000 $21,200 $86,800
2014 -- $108,000 $21,200 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1368961

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-115-260-0002-001-000