$267,500
SOLD AUG 29, 2024

453 Market St Lockport, NY 14094

5 Beds
3 Baths
3,562 Sq Ft
0.61 Acres

Recently Sold

$75 Per Sq Ft

18% Below List Price

39 Days on Market

Highlights

  • 0.61 Acre Lot
  • Wood Flooring
  • Forced Air Heating System
  • Canal Access
  • Views
  • 2 Car Garage

About This Home

As of August 2024

CIRCA 1855 2.5 STORY, ITALIANATE STYLE HOME, RECONFIGURED FOR USE AS A 3 FAMILY RESIDENCE, OFFERS AN OPPORTUNITY FOR INVESTMENT AND/OR OWNER OCCUPANCY. CURRENTLY SET AS A 2/2/1, IT COULD EASILY BE USED AS A 3/2/2. HOME IS LISTED IN THE NATIONAL REGISTER OF HISTORIC PLACES AND STILL DISPLAYS MUCH OF THE CHARM AND CHARACTER OF ITS DESIGN AND MEDINA SANDSTONE CONSTRUCTION. OVERLOOKING MARKET STREET AND THE ERIE BARGE CANAL, THE HOME IS PERCHED HIGH ON A GENEROUS HALF ACRE PARCEL, OFFERING A LARGE YARD, PARKING AREA AND 2 CAR DETACHED GARAGE. A GRAND FOYER AND ELEGANT STAIRCASE IS AN INVITING ENTRANCE INTO SPACIOUS ROOMS WITH HIGH CEILINGS AND PRIVATE LIVING QUARTERS FOR EACH TENANT. RECENT UPDATES INCLUDE NEW 200 AMP ELECTRIC SERVICE 4/24, NEW ROOF 6/23 & NEW HWT 9/23. THIS IS A WELL MAINTAINED AND WELL CARED FOR PROPERTY WITH GENEROUS RENT POTENTIAL.

Last Agent to Sell the Property

Louis Faery

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-434-6266 License #40FA1074378 Listed on: 05/15/2024

HUNT Real Estate Corporation

Last Buyer's Agent

Dona Napoli

Listing by HUNT Real Estate Corporation License #10401232268

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,187

Year Built

  • Built in 1800

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 132x201
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Common or Shared Parking

Home Design

  • Triplex
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Copper Plumbing
  • Stone

Interior Spaces

  • 3,562 Sq Ft Home
  • 2-Story Property
  • Property Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Canal Access

Utilities

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

Community Details

  • 3 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes electricity, gardener, heat, hot water, snow removal, trash collection, water
  • Tax Lot 80
  • Assessor Parcel Number 290900-109-007-0002-080-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,187

Year Built

Built in 1800

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Gardener, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1800
  • Attribution Contact: 716-434-6266
  • Lot Features: Rectangular
  • Water Body Name: Erie Canal
  • Directions: Market Street east of Vine St. Sign in place.
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.61
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Construction Type: Stone, Vinyl Siding, Wood Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Common, Paved, Parking Available, Two or More Spaces

Utilities

  • Heating: Gas, 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

Lot Info

  • Parcel Number: 290900-109-007-0002-080-000
  • Lot Dimensions: 132X201
  • Lot Size Sq Ft: 26572.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 7187.0
  • Tax Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Aug 29, 2024
Sold by
Rhodes-Stegeman A Jean
Bought by
Detwiler Jordan M
Seller's Agent
Louis Faery
HUNT Real Estate Corporation
Buyer's Agent
Dona Napoli
HUNT Real Estate Corporation
List Price
$325,000
Sold Price
$267,500
Premium/Discount to List
-$57,500
-17.69%
Views
176
Current Estimated Value
$255,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,122
Avg. Annual Appreciation
-4.58%
Original Mortgage
$261,535
Outstanding Balance
$259,938
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$4,560
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $275,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,535 New Conventional
Previous Owner $106,915 VA
Previous Owner $80,000 New Conventional
Previous Owner $68,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $267,500 -7.7% $75 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $289,900 -10.8% $81 / Sq Ft
05/15/2024 05/15/24 For Sale $325,000 -- $91 / 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 $4,843 $212,000 $13,100 $198,900
2023 $4,843 $200,000 $13,100 $186,900
2022 $3,902 $200,000 $13,100 $186,900
2021 $3,709 $118,100 $15,300 $102,800
2020 $3,506 $118,100 $15,300 $102,800
2019 $884 $118,100 $15,300 $102,800
2018 $2,354 $118,100 $15,300 $102,800
2017 $2,314 $118,100 $15,300 $102,800
2016 $2,413 $118,100 $15,300 $102,800
2015 -- $118,100 $15,300 $102,800
2014 -- $118,100 $15,300 $102,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1538315

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-007-0002-080-000