NOT LISTED FOR SALE

497 Walnut St Lockport, NY 14094

Estimated Value: $143,000 - $247,689

3 Beds
2 Baths
1,680 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $165,000 $98 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,542/month

24 Days on Market

Highlights

  • Finished Attic
  • High Speed Internet
  • Wall to Wall Carpet
  • Baseboard Heating

About This Home

As of November 2020

GREAT INVESTMENT PROPERTY! INVITING FRONT PORCH WELCOMES YOU! UPSTAIRS UNIT HAS BEEN TOTALLY RENOVATED. WHITE KITCHEN CABINETS W/SOFT CLOSE, NEW COUNTERTOPS, BACKSPLASH, VINYL PLANK FLOORING, ELEC STOVE/OVEN, DISHWASHER, EAT-IN KITCHEN, TRIM, FRESHLY PAINTED, UPDATED VANITY, SINK, FAUCET, TOILET AND TILE IN BATHROOM, BLUETOOTH TECHNOLOLGY IN BATHROOM, LARGE LR W/NEW CARPET, BEDROOM W/NEW FLOORS, CEILING FAN, LARGE WALK-IN CLOSET, 3RD FLOOR HAS SEPARATE ELECTRIC HEAT W/WALK-IN CLOSET & NEW CARPET, COULD BE OFFICE, MOVIE THEATER OR SECOND BEDROOM. ELECTRIC DRYER HOOK-UP IN MUD ROOM FOR STACKABLE WASHER & DRYER TO BE INSTALLED. LOWER LEVEL HAS 1 BEDROOM, EAT-IN KITCHEN, CAPRET IN BEDROOM & LR, LAMINATE IN BATH. NEWER WINDOWS, ROOF ’08, GARAGE (24 X 24)GARAGE ROOF ’06 ELECTRIC WILL BE REPAIRED TO GARAGE PRIOR TO CLOSING. SHED IN YARD IS NOT A PART OF THE SALE, LOWER TENANT HAS HAD BELMONT INSPECT PROPERTY ON 8/12 AND PASSED INSPECTION. GOOD FOR ONE YEAR. LONG DRIVEWAY FOR PLENTY OF PARKING. NEIGHBORS DRIVEWAY EXTENDS 1 FOOT ONTO THIS PROPERTY. PARTIALLY FENCED YARD W/CONCRETE PATIO. SIDE ENTRANCE.

Last Agent to Sell the Property

Cheryl Crane

Listing by WNY Metro Roberts Realty License #10401232961 Listed on: 08/19/2020

WNY Metro Roberts Realty

Last Buyer's Agent

Jason Sokody

Listing by Howard Hanna WNY Inc. License #10301212761

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1906

Lot Details

  • 6,571 Sq Ft Lot
  • Lot Dimensions are 132 x 49

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Finished Attic

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 290900-109-011-0004-038-000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,443

Year Built

Built in 1906

Lot Details

0

Listing Details

  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 56000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 49
  • Lot Information: Neighborhood Street
  • Lot Number: 38
  • Nearest Cross Street: Pound
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1093439.36
  • Ratio Close Price By Sq Ft: 98.21
  • Ratio List Price By Acres: 987408.88
  • Ratio List Price By Sq Ft: 88.69
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 908
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6571
  • Age of Building: 116
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 1680
  • Directions To Property: Transit to Walnut
  • Sq Ft Total Pub: 1680
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1906

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Finished
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1680

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Garage Door Opener, High Speed Internet
  • Number of Acres: 0.1509

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity, Gas, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lockport

Lot Info

  • Parcel Number: 290900-109-011-0004-038-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2443

MLS Schools

  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Nov 19, 2020
Sold by
Cellini Christopher L
Bought by
Cady Tyler
Seller's Agent
Cheryl Crane
WNY Metro Roberts Realty
Buyer's Agent
Jason Sokody
Howard Hanna WNY Inc.
List Price
$149,000
Sold Price
$165,000
Premium/Discount to List
$16,000
10.74%
Current Estimated Value
$211,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,422
Avg. Annual Appreciation
5.16%
Original Mortgage
$160,050
Outstanding Balance
$142,422
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$69,000

Purchase Details

Closed on
Aug 20, 1996
Source: Public Records

Range of Values:

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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
Cady Tyler $165,000 None Available
-- $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cady Tyler $160,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $165,000 +10.7% $98 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $149,000 -- $89 / 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 $5,191 $191,000 $1,900 $189,100
2023 $5,088 $182,000 $1,900 $180,100
2022 $3,541 $165,000 $1,900 $163,100
2021 $2,208 $56,000 $3,700 $52,300
2020 $1,463 $56,000 $3,700 $52,300
2019 $484 $56,000 $3,700 $52,300
2018 $845 $56,000 $3,700 $52,300
2017 $818 $56,000 $3,700 $52,300
2016 $742 $56,000 $3,700 $52,300
2015 -- $56,000 $3,700 $52,300
2014 -- $56,000 $3,700 $52,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1287644

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-011-0004-038-000