$292,000
SOLD MAY 23, 2025

505 Central Ave Lancaster, NY 14086

3 Beds
1 Bath
1,289 Sq Ft
10,725 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

8% Above List Price

10 Days on Market

Highlights

  • Main Floor Bedroom
  • 1 Fireplace
  • Eat-In Kitchen
  • Lancaster High School Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of May 2025

Outstanding move-in ready brick ranch just steps away from Lancaster Highschool! Nice layout with 3 spacious bedrooms. Updated kitchen with tiled floors, stainless steel appliances and stone counters. Great living space with brand new floors and a walk-in entry closet. Central air throughout. Big dry basement with roughed in plumbing for an additional bath. Updated mechanics. Fully fenced in yard with a hard line to gas grill. Huge newer shed and a covered concrete patio. A very well maintained home by its current owners. Offers will be reviewed Tuesday 3/25 at 5pm.

Last Agent to Sell the Property

Michael Calabrese

Listing by LoVallo Real Estate Brokerage Phone: 716-949-3405 License #10301218793 Listed on: 03/17/2025

Last Buyer's Agent

Michael Measer

Listing by 716 Realty Group WNY LLC License #10401338404

716 Realty Group WNY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,768

Year Built

  • Built in 1964

Lot Details

  • 10,725 Sq Ft Lot
  • Lot Dimensions are 75x143
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Holland Land Company's Su Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 145289-093-190-0004-069-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,768

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1964
  • Attribution Contact: 716-949-3405
  • ResoLaundryFeatures: In Basement
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Holland Land Company's Su
  • Directions: Take Walden to Central Ave.
  • Architectural Style: Ranch
  • Flooring: Luxury Vinyl, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, Bedroom on Main Level
  • Unit Levels: One
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 1

Exterior Features

  • Fencing: Full
  • Acres: 0.2462
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway, Fully Fenced, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Storage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lancaster

Lot Info

  • Parcel Number: 145289-093-190-0004-069-000
  • Lot Dimensions: 75X143
  • Lot Size Sq Ft: 10725.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4768.0
  • Tax Lot: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
May 16, 2025
Sold by
Johnson Laura and Sayre Daniel
Bought by
Caudill Derek A
Seller's Agent
Michael Calabrese
LoVallo Real Estate
Buyer's Agent
Michael Measer
716 Realty Group WNY LLC
List Price
$269,900
Sold Price
$292,000
Premium/Discount to List
$22,100
8.19%
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.64%
Original Mortgage
$233,600
Outstanding Balance
$233,344
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$42,464

Purchase Details

Listed on
Jan 4, 2023
Closed on
Feb 15, 2023
Sold by
Galbo Paul and Galbo Kathleen
Bought by
Johnson Laura and Sayre Daniel
Seller's Agent
Barbara Hoy
HUNT Real Estate Corporation
Buyer's Agent
Barbara Hoy
HUNT Real Estate Corporation
List Price
$239,900
Sold Price
$250,000
Premium/Discount to List
$10,100
4.21%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$230,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2018
Closed on
Apr 2, 2018
Sold by
Ae Buffalo Properties Llc
Bought by
Galbo Paul and Galbo Kathleen
Seller's Agent
Nancy Sweeney
No Office Affiliation
Buyer's Agent
Stacy Phillips
Howard Hanna WNY Inc.
List Price
$164,900
Sold Price
$164,000
Premium/Discount to List
-$900
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 2, 2017
Sold by
U S Bank N A
Bought by
Ae Buffalo Properties Llc
Seller's Agent
Michael Wilson
Michael Wilson Realty LLC
Buyer's Agent
Nancy Sweeney
No Office Affiliation
List Price
$82,500
Sold Price
$65,000
Premium/Discount to List
-$17,500
-21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
334.50%

Purchase Details

Closed on
Apr 7, 2017
Sold by
Michaelski Kathleen M and Michaelski Kevin R
Bought by
U S Bank Trust Na and Lsf8 Master Participation Trusts

Purchase Details

Closed on
Oct 21, 2005
Sold by
Michalski Kathleen M and Michalski Kevin R
Bought by
Michalski Kevin R and Michalski Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 $292,000 Chicago Title Insurance Co
Deed $250,000 Stewart Title
Deed $250,000 None Available
Deed $250,000 Stewart Title
Deed $164,000 None Available
Deed $164,000 None Available
Deed $65,000 None Available
Deed $65,000 None Available
Foreclosure Deed $265,284 None Available
Foreclosure Deed $265,284 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $233,600 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $125,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $292,000 +8.2% $227 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $269,900 +8.0% $209 / Sq Ft
03/08/2023 03/08/23 Sold $250,000 +4.2% $194 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $239,900 +46.3% $186 / Sq Ft
04/04/2018 04/04/18 Sold $164,000 -0.5% $127 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $164,900 0.0% $128 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $164,900 +153.7% $128 / Sq Ft
08/17/2017 08/17/17 Sold $65,000 -21.2% $50 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $82,500 -- $64 / 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 -- $164,000 $20,400 $143,600
2023 $4,747 $164,000 $20,400 $143,600
2022 -- $164,000 $20,400 $143,600
2021 $3,888 $164,000 $20,400 $143,600
2020 $4,470 $164,000 $20,400 $143,600
2019 $3,888 $116,000 $13,400 $102,600
2018 $4,047 $116,000 $13,400 $102,600
2017 $1,920 $116,000 $13,400 $102,600
2016 $3,911 $116,000 $13,400 $102,600
2015 -- $116,000 $13,400 $102,600
2014 -- $116,000 $13,400 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1592765

Western New York Real Estate Information Services (WNYREIS)

APN: 145289-093-190-0004-069-000