NOT LISTED FOR SALE

5302 Broadway St Lancaster, NY 14086

Estimated Value: $250,939 - $276,000

4 Beds
2 Baths
1,960 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $129,900 $66 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,786/month

38 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Multiple Heating Units
  • Lancaster High School Rated A-
  • Forced Air Cooling System

About This Home

As of November 2016

Terrific UPDATED Investment Property.2 Unit Double with 2 Beds 1 Bath in each unit. Separate Utilities. NEW Kitchen Remodels with New Tiles, Carpet, Paint, Appliances, Windows, Bath Fitter Shower , NEW DECK and gutters. ALL Appliances included in SALE and 2 NEW lawnmowers in Basement included. New Windows, SIDING, Hot Water Tank. PARKING for 6 Cars. Located in the Village and Great Lancaster School District. MUST SEE PICTURES & VIDEO

Last Agent to Sell the Property

John Santora III

Listing by Keller Williams Realty WNY License #10401291249 Listed on: 08/05/2016

Keller Williams Realty WNY

Last Buyer's Agent

Shannon McNichol

Listing by Nichol City Realty License #10491201898

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 103 x 67

Parking

  • No Garage

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Window Unit Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal, water
  • Assessor Parcel Number 145203-104-190-0003-002-000

Community Details

Overview

  • 2 Units
  • Holland Land Cos Surv Community
  • Holland Land Cos Surv Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $1,500
  • Gross Income $19,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,101

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 116
  • Annual Operating Expenses: 1500
  • NY Swis Code: Lancaster-Village-145203
  • Total Assessed Value: 94000
  • Gross Annual Income: 19980
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 103
  • Lot Dimension Front: 67
  • Lot Information: Commercial Zoning
  • L P Per Acre: 811875.0000
  • List Price per Sq Ft: 66.2755
  • Nearest Cross Street: St.John
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 811875.00
  • Ratio Close Price By Sq Ft: 66.28
  • Ratio List Price By Acres: 811875.00
  • Ratio List Price By Sq Ft: 66.28
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • School Tax: 1601
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 129900.00
  • Village: Lancaster-Village
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Rt (78) Transit To Broadway (On Left Side) or Central to Broadway (On Right)
  • Subdivision Comm Complex: HOLLAND LAND COS SURV
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Electrical Fuses - some, Freestanding/Window AC
  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Gas-Some, Range Hood-Exhaust Fan, Washer
  • Number of Rooms: 12
  • Total Sq Ft: 1960

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Deck
  • Number of Acres: 0.1600

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 145203-104-190-0003-002-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4101

MLS Schools

  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Nov 21, 2016
Sold by
Santora John
Bought by
Towle Murray and Towle Vince Judy
Seller's Agent
John Santora III
Keller Williams Realty WNY
Buyer's Agent
Shannon McNichol
Nichol City Realty
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$263,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,585
Avg. Annual Appreciation
8.01%
Original Mortgage
$93,750
Outstanding Balance
$75,063
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$188,422

Purchase Details

Closed on
Apr 14, 2008
Sold by
Picone Leonard and Picone Colleen
Bought by
Demong Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,254
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2005
Sold by
Dombrowski Matthew E
Bought by
Picone Leonard and Picone Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Towle Murray $129,900 None Available
Towle Murray $129,900 None Available
Towle Murray $129,900 None Available
Demong Jeremy $95,000 None Available
Demong Jeremy $95,000 None Available
Picone Leonard $61,000 None Available
Picone Leonard $61,000 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Towle Murray $93,750
Closed Towle Murray $93,750
Previous Owner Demong Jeremy $94,254
Previous Owner Picone Leonard $54,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2016 11/21/16 Sold $129,900 0.0% $66 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $129,900 -- $66 / 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 $5,016 $135,000 $21,700 $113,300
2023 $5,000 $135,000 $21,700 $113,300
2022 $4,849 $135,000 $21,700 $113,300
2021 $3,771 $135,000 $21,700 $113,300
2020 $3,970 $135,000 $21,700 $113,300
2019 $4,096 $94,000 $22,600 $71,400
2018 $4,311 $94,000 $22,600 $71,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B506075

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-104-190-0003-002-000