NOT LISTED FOR SALE

51 Lake Ave Lancaster, NY 14086

Estimated Value: $297,000 - $315,301

4 Beds
1.5 Baths
1,886 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $225,000 $119 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,186/month

7 Days on Market

Highlights

  • Wood Flooring
  • Finished Attic
  • Den
  • Lancaster High School Rated A-
  • Full Attic
  • Formal Dining Room

About This Home

As of December 2020

Gorgeous traditional-style home in the heart of the village of Lancaster. This 2-story home has a very eye catching curb appeal as you approach the large covered front porch with an original wood paneled ceiling. The front door leads into a large living room that features a stacked stone wood burning fireplace and all original hardwood floors/wood work through out. The kitchen has beautiful granite counter tops and a sliding glass patio door that lead to your private deck and cottage-like vibe as you walk into the back yard past the landscaped paver patio and walk way. The large 2 car garage with a loft was just sided in all vinyl this year. The home also features a whole house Culligan water softening The home also has a finished basement bonus room and a finished attic bonus area that offers a lot of extra space, You will not want to miss out on this one! Negotiations begin 9/28 at 5pm. 12 month buyer home warranty included in the sale so you can buy with confidence!

Last Agent to Sell the Property

Joseph Van Schoonhoven

Listing by Howard Hanna WNY Inc. License #10401286564 Listed on: 09/21/2020

Howard Hanna WNY Inc.

Last Buyer's Agent

Joanne Simme Good

Listing by MJ Peterson Real Estate Inc. License #30SI1017596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,979

Year Built

  • Built in 1923

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 305 x 46

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Full Attic
  • Finished Attic

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gravity Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 145203-115-270-0001-019-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,979

Year Built

Built in 1923

Lot Details

0

Listing Details

  • NY Swis Code: Lancaster-Village-145203
  • Total Assessed Value: 138000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 305
  • Lot Dimension Front: 46
  • Lot Information: Neighborhood Street
  • Lot Number: 19
  • Nearest Cross Street: Broadway
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 694658.85
  • Ratio Close Price By Sq Ft: 119.30
  • Ratio List Price By Acres: 678913.24
  • Ratio List Price By Sq Ft: 116.60
  • Regional Board Code: Buffalo
  • School Tax: 2561
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Village: Lancaster-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 14108
  • Age of Building: 99
  • Year Built: 1923
  • Above Grade Finished Sq Ft: 1886
  • Directions To Property: Rt 20 to south on Lake Ave
  • Sq Ft Total Pub: 1886
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Den/Study, Living Room, Porch - Open
  • Attic Description: Finished, Full
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Microwave, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 11
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1886

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.3239

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Carport
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC Unit-Window, Baseboard, Gravity, Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lancaster

Lot Info

  • Parcel Number: 145203-115-270-0001-019-000

Tax Info

  • Total Taxes: 5979

MLS Schools

  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Dec 3, 2020
Sold by
Baumann Deron A and Baumann Mary P
Bought by
Gaglione David M and Kaite Jennifer A
Seller's Agent
Joseph Van Schoonhoven
Howard Hanna WNY Inc.
Buyer's Agent
Joanne Simme Good
MJ Peterson Real Estate Inc.
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Current Estimated Value
$309,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,075
Avg. Annual Appreciation
6.59%
Original Mortgage
$202,500
Outstanding Balance
$182,646
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$121,427
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
Gaglione David M $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaglione David M $202,500
Previous Owner Baumann Deron A $25,000
Previous Owner Baumann Deron A $46,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $225,000 +2.3% $119 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $219,900 -- $117 / 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 -- $181,000 $46,100 $134,900
2023 $6,028 $181,000 $46,100 $134,900
2022 $5,855 $181,000 $46,100 $134,900
2021 $4,410 $181,000 $46,100 $134,900
2020 $4,525 $181,000 $46,100 $134,900
2019 $3,313 $138,000 $23,200 $114,800
2018 $5,141 $138,000 $23,200 $114,800
2017 $3,313 $138,000 $23,200 $114,800
2016 $5,010 $138,000 $23,200 $114,800
2015 -- $138,000 $23,200 $114,800
2014 -- $138,000 $23,200 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1295695

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-115-270-0001-019-000