NOT LISTED FOR SALE

5321 Broadway St Lancaster, NY 14086

Estimated Value: $231,342 - $273,000

6 Beds
4 Baths
1,659 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $165,000 $99 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,812/month

16 Days on Market

Highlights

  • 0.53 Acre Lot
  • Full Attic
  • Ceiling Fan
  • Lancaster High School Rated A-
  • Forced Air Cooling System
  • Rectangular Lot

About This Home

As of March 2021

ATTENTION CAR LOVERS! CONVENIENT LOCATION, THREE UNITS, ALL SEPARATE UTILITES ON PRIME BROADWAY ST. LG 6-8 CAR GARAGE SPACE FOR EXTRA INCOME. PLUS ADDITIONAL 6+ EXTERIOR PARKING SPACES. UPDATED TWO LOWER APTS WTH UPDATED KITCHEN & BATHS. UPPER APT HAS LONG TERM TENANT WITH IN-UNIT LAUNDRY. SCHEDULE A SHOWING ON SATURDAY DECEMBER 19, 2020 BETWEEN 12-2 PM. OFFERS DUE DECEMBER 20, 6PM.

Last Agent to Sell the Property

Louis Vinci

Listing by Howard Hanna WNY Inc. License #30VI0633092 Listed on: 12/07/2020

Howard Hanna WNY Inc.

Last Buyer's Agent

Danielle Pruitt

Listing by Blue Eagle Realty Corp. License #10401315194

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,797

Year Built

  • Built in 1920

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 330 x 70
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,659 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Walk-Up Access

Attic

  • Full Attic
  • Pull Down Stairs to Attic
  • Unfinished Attic

Parking

  • 6 Car Garage
  • Stone Driveway

Schools

  • Lancaster High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes garage, grounds maintenance, no utilities
  • Tax Lot 6
  • Assessor Parcel Number 145203-104-810-0003-006-000

Community Details

Overview

  • 3 Units
  • Holland Land Company's Su Community
  • Holland Land Company's Su Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $23,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,797

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Lancaster-Village-145203
  • Total Assessed Value: 149000
  • Foundation Description: Stone
  • Gross Annual Income: 23100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 330
  • Lot Dimension Front: 70
  • Lot Information: Neighborhood Street
  • Lot Number: 6
  • Lot Shape: Rectangular
  • Nearest Cross Street: AURORA
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 311320.75
  • Ratio Close Price By Sq Ft: 99.46
  • Ratio List Price By Acres: 301466.04
  • Ratio List Price By Sq Ft: 96.31
  • Regional Board Code: Buffalo
  • Rent Includes: Garage, Grounds Maintenance, No Utilities
  • Roof Description: Asphalt
  • School Tax: 2122
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit, Upper/Lower
  • Type of Sale: Normal
  • Village: Lancaster-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 23100
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: BROADWAY NEAR AURORA
  • Subdivision Comm Complex: Holland Land Company's Su
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Attic Description: Full, Pull Down Stairs, Unfinished
  • Basement Description: Exterior Walkup/Bulkhead Doors
  • Floor Description: Laminate-Some
  • Total Sq Ft: 1659

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.5300

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 6.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Parking Area, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Wall Furnace
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lancaster
  • High School: Lancaster High

Lot Info

  • Parcel Number: 145203-104-810-0003-006-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 6797

MLS Schools

  • High School Name: Lancaster High
  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 26, 2021
Sold by
Orphan Properties Llc
Bought by
Cmja Holdings Llc
Seller's Agent
Louis Vinci
Howard Hanna WNY Inc.
Buyer's Agent
Danielle Pruitt
Blue Eagle Realty Corp.
List Price
$159,777
Sold Price
$165,000
Premium/Discount to List
$5,223
3.27%
Current Estimated Value
$243,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,336
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Jun 24, 2020
Sold by
Gustas Carl J
Bought by
Orphan Properties Llc
Source: Public Records

Range of Values:

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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
Cmja Holdings Llc $165,000 None Available
Orphan Properties Llc -- None Available
Gustas Carl J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cmja Holdings Llc $393,750
Closed Cmja Holdings Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $165,000 +3.3% $99 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $159,777 -- $96 / 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 -- $150,000 $55,300 $94,700
2023 $5,869 $150,000 $55,300 $94,700
2022 $5,686 $150,000 $55,300 $94,700
2021 $4,489 $150,000 $55,300 $94,700
2020 $4,643 $150,000 $55,300 $94,700
2019 $5,174 $115,000 $32,200 $82,800
2018 $5,477 $115,000 $32,200 $82,800
2017 $2,059 $115,000 $32,200 $82,800
2016 $5,228 $115,000 $32,200 $82,800
2015 -- $115,000 $32,200 $82,800
2014 -- $115,000 $32,200 $82,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1310861

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-104-810-0003-006-000