NOT LISTED FOR SALE

403 East Ave Lockport, NY 14094

Estimated Value: $191,000 - $219,000

6 Beds
2 Baths
2,588 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $113,000 $44 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,473/month

49 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • 1-minute walk to Veterans Park
  • Full Attic
  • Corner Lot

About This Home

As of May 2018

Nearly 2,600 square feet in this large two-family home on a corner lot with three bedrooms in each unit. Nice hardwood floors and tile throughout, with stainless steel appliances in the kitchen. Both units have wood-burning fireplaces along with large and open rooms, and have separate utilities, heating units, and HWTs. Laundry facilities are in the basement, and shared by both units. Two-car garage is great during the winter months. Excellent opportunity for additional income, as you could live in one unit, while renting the other unit out. Minutes from shopping, banking, dining, Veteran’s Park, and the hospital. Inquire today on this excellent income-generating property!

Last Agent to Sell the Property

Glenn Aronow

Listing by No Office Affiliation License #10401301654 Listed on: 02/05/2018

No Office Affiliation

Last Buyer's Agent

Mark Stuhlmiller

Listing by Mark J. Stuhlmiller License #10351211406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,801

Year Built

  • Built in 1920

Lot Details

  • 6,037 Sq Ft Lot
  • Lot Dimensions are 139 x 43
  • Corner Lot
  • Irregular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,588 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Microwave

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 29
  • Assessor Parcel Number 290900-109-049-0002-029-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,801

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 89600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 139
  • Lot Dimension Front: 43
  • Lot Information: Corner Lot
  • Lot Number: 29
  • Lot Shape: Irregular
  • Nearest Cross Street: Bewley
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 815295.82
  • Ratio Close Price By Sq Ft: 43.66
  • Ratio List Price By Acres: 901875.90
  • Ratio List Price By Sq Ft: 48.30
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • School Tax: 2491
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6037
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Transit Rd to Main St. which becomes East Ave. Corner of East Ave and Bewley PKWY
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some
  • Kitchen Appliances Included: Dryer, Microwave, Oven/Range Built-In-Some, Refrigerator, Washer
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Total Sq Ft: 2588

Exterior Features

  • Construction: Stone, Wood
  • Number of Acres: 0.1386

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • 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: 290900-109-049-0002-029-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4801

MLS Schools

  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 1996
Sold by
Griffin Paul E
Bought by
Mckay Wendy J
Current Estimated Value
$205,082
Source: Public Records

Range of Values:

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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
Mckay Wendy J $90,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $113,000 -9.6% $44 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
02/16/2018 02/16/18 Price Changed $125,000 -7.1% $48 / Sq Ft
02/05/2018 02/05/18 For Sale $134,500 -- $52 / 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 $4,784 $176,000 $5,100 $170,900
2023 $5,368 $192,000 $5,100 $186,900
2022 $3,977 $171,000 $5,100 $165,900
2021 $3,533 $89,600 $5,800 $83,800
2020 $3,457 $89,600 $5,800 $83,800
2019 $775 $89,600 $5,800 $83,800
2018 $903 $89,600 $5,800 $83,800
2017 $878 $89,600 $5,800 $83,800
2016 $800 $89,600 $5,800 $83,800
2015 -- $89,600 $5,800 $83,800
2014 -- $89,600 $5,800 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1097614

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-049-0002-029-000