NOT LISTED FOR SALE

41 Hinchey Ave Lancaster, NY 14086

Estimated Value: $265,000 - $313,000

7 Beds
3 Baths
2,563 Sq Ft
$110/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2018

Last sale price $79,900 $31 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $2,043 / mo

13 Days on Market

Highlights

  • Tile Flooring
  • Lancaster High School Rated A-
  • Forced Air Heating System

About This Home

As of September 2018

Great opportunity to own a 3 unit investment property in Lancaster. Property has the potential to attract high rents and be a fantastic rental property.

Last Agent to Sell the Property

Patrick Sportelli

Listing by WNY Metro Roberts Realty License #10401258834 Listed on: 07/31/2018

WNY Metro Roberts Realty

Last Buyer's Agent

Katherine Moore

Listing by Howard Hanna WNY Inc. License #10401238206

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 8,125 Sq Ft Lot
  • Lot Dimensions are 65x125

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,563 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Parking Available
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 145203-104-110-0004-011-000

Community Details

Overview

  • 3 Units
  • Sheldon & Upton Sub/Hopki Subdivision

Building Details

  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

8,125 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1880
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Sheldon & Upton Sub/Hopki
  • Directions: Central to Hinchey. Just south of Walden
  • Architectural Style: Triplex
  • Flooring: Laminate, Tile, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1865
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Paved, Parking Available, Two or More Spaces

Utilities

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

Schools

  • Junior High Dist: Lancaster

Lot Info

  • Parcel Number: 145203-104-110-0004-011-000
  • Lot Dimensions: 65X125
  • Lot Size Sq Ft: 8125.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential Multi Use

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 4672.0
  • Tax Lot: 11

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2019
Sold by
Bought by
Current Estimated Value
$282,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 29, 2018
Sold by
Bought by
Seller's Agent
Patrick Sportelli
WNY Metro Roberts Realty
Buyer's Agent
Katherine Moore
Howard Hanna WNY Inc.
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%

Purchase Details

Closed on
Jul 18, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
-- None Available
$79,900 None Available
-- None Available
$80,518 None Available
$92,000 --
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
Previous Owner $204,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $79,900 0.0% $31 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $79,900 -- $31 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax 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.

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 $6,210 $160,000 $28,000 $132,000
2024 $6,210 $160,000 $28,000 $132,000
2023 $6,180 $160,000 $28,000 $132,000
2022 $5,988 $160,000 $28,000 $132,000
2021 $4,711 $160,000 $28,000 $132,000
2020 $4,548 $160,000 $28,000 $132,000
2019 $6,396 $99,000 $18,400 $80,600
2018 $4,868 $99,000 $18,400 $80,600
2017 $3,445 $100,000 $18,400 $81,600
2016 $4,913 $100,000 $18,400 $81,600
2015 -- $100,000 $18,400 $81,600
2014 -- $100,000 $18,400 $81,600
Source: Public Records

Agents Affiliated with this Home

  • Patrick Sportelli

    Seller's Agent in 2018

    Patrick Sportelli

    WNY Metro Roberts Realty

    (716) 481-7672

    17 in this area

    237 Total Sales

    Patrick Sportelli
    Section Image
  • Katherine Moore

    Buyer's Agent in 2018

    Katherine Moore

    Howard Hanna

    (716) 213-3169

    42 Total Sales

    Katherine Moore
    Section Image
  • Michele Tracy

    Buyer Co-Listing Agent in 2018

    Michele Tracy

    Hunt Real Estate

    (716) 984-2906

    2 in this area

    134 Total Sales

    Michele Tracy
    Section Image
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Map

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

MLS Number: B1137923

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-104-110-0004-011-000

New York Erie County Lancaster 14086

41 Hinchey Ave, Lancaster, NY

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