NOT LISTED FOR SALE

541 Lake Ave Lancaster, NY 14086

Estimated Value: $312,000 - $367,000

2 Beds
1 Bath
1,366 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $250,000 $183 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,200/month

50 Days on Market

Highlights

  • Partial Attic
  • Combination Kitchen and Living
  • Gas Fireplace
  • Lancaster High School Rated A-
  • Forced Air Cooling System
  • 1-Story Property

About This Home

As of May 2021

WELCOME TO THIS TOTALLY UPDATED AND EXPANDED RANCH HOME IN LANCASTER. THE OPEN FRONT PORCH, VINYL SIDING,WINDOWS, ROOF AND THE BACK ADDITION ALL RENOVATED AND UPDATED AS OF 2011!
THE GREAT ROOM FEATURES CATHEDRAL CEILINGS, RECESSED LIGHTING, BAMBOO FLOORS AND SLIDING GLASS DOORS THAT LEAD YOU OUT TO THE BEAUTIFULLY LANDSCAPED PATIO AND BACKYARD THAT IS PARTIALLY FENCED WITH SHED.THE TOTALLY UPDATED KITCHEN FEATURES ALL STAINLESS STEEL APPLIANCES, GRANITE COUNTERS AND GLASS BACKSPLASH. BOTH BEDROOMS FEATURE PRISTINE HARDWOOD FLOORS AND AMPLE CLOSET SPACE. THE LIVING ROOM BOAST A GAS FIREPLACE. THERE TRULY IS NOTHING TO DO BUT MOVE IN!

Last Agent to Sell the Property

Kelly Glinski

Listing by Howard Hanna WNY Inc. License #40GL1140639 Listed on: 11/05/2020

Howard Hanna WNY Inc.

Last Buyer's Agent

Kathleen Brotz

Listing by WNY Metro Roberts Realty License #40BR1162356

WNY Metro Roberts Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,022

Year Built

  • Built in 1936

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 163 x 75

Parking

  • No Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,366 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Combination Kitchen and Living
  • Basement Fills Entire Space Under The House
  • Partial Attic
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Buffalo Crk Reservation Community
  • Buffalo Crk Reservation Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 145289-126-080-0001-013-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,022

Year Built

Built in 1936

Lot Details

0

Listing Details

  • NY Swis Code: Lancaster-145289
  • Total Assessed Value: 143000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 163
  • Lot Dimension Front: 75
  • Lot Information: Neighborhood Street
  • Lot Number: 13
  • Nearest Cross Street: Lake Forest Pkwy
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 892857.14
  • Ratio Close Price By Sq Ft: 183.02
  • Ratio List Price By Acres: 946428.57
  • Ratio List Price By Sq Ft: 194.00
  • Regional Board Code: Buffalo
  • School Tax: 2475
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 12197
  • Age of Building: 86
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 1366
  • Directions To Property: Lake Ave South off William.
  • Sq Ft Total Pub: 1366
  • Subdivision Comm Complex: Buffalo Crk Reservation
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1936

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Master Bedroom, Living Room
  • Attic Description: Partial
  • Basement Description: Full
  • Kitchen Appliances Included: Dishwasher, Negotiable
  • Kitchen Dining Description: Kitchen/Family Room Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1366

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2800

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lancaster

Lot Info

  • Parcel Number: 145289-126-080-0001-013-200

Tax Info

  • Total Taxes: 5022

MLS Schools

  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Apr 30, 2021
Sold by
Heary Angela M
Bought by
Brotz Juliana
Seller's Agent
Kelly Glinski
Howard Hanna WNY Inc.
Buyer's Agent
Kathleen Brotz
WNY Metro Roberts Realty
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$339,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,054
Avg. Annual Appreciation
7.04%
Original Mortgage
$237,500
Outstanding Balance
$215,234
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$123,820

Purchase Details

Closed on
May 11, 2006
Sold by
Orcutt Charles H and Orcutt Pamela A
Bought by
Heary Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 1997
Sold by
Viscusi Patrick W
Bought by
Orcutt Charles H and Orcutt Pamela Ann

Purchase Details

Closed on
Mar 21, 1997

Purchase Details

Closed on
Apr 16, 1996
Sold by
Abramowitz Philip B
Bought by
Viscusi Linda
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
Brotz Juliana $250,000 None Available
Brotz Juliana $250,000 None Available
Heary Angela M $105,000 None Available
Heary Angela M $105,000 None Available
Orcutt Charles H $77,000 --
Orcutt Charles H $77,000 --
-- -- --
-- -- --
Viscusi Linda $60,000 --
Viscusi Linda $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brotz Juliana $237,500
Closed Brotz Juliana $237,500
Previous Owner Heary Angela M $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $250,000 -5.7% $183 / Sq Ft
12/25/2020 12/25/20 Pending -- -- --
11/21/2020 11/21/20 Price Changed $265,000 -3.6% $194 / Sq Ft
11/05/2020 11/05/20 For Sale $275,000 -- $201 / 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 $5,056 $175,000 $23,500 $151,500
2023 $5,034 $175,000 $23,500 $151,500
2022 $4,893 $175,000 $23,500 $151,500
2021 $4,834 $175,000 $23,500 $151,500
2020 $5,023 $175,000 $23,500 $151,500
2019 $4,213 $143,000 $15,400 $127,600
2018 $4,888 $143,000 $15,400 $127,600
2017 $2,283 $143,000 $15,400 $127,600
2016 $4,236 $143,000 $15,400 $127,600
2015 -- $143,000 $15,400 $127,600
2014 -- $143,000 $15,400 $127,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1305621

Western New York Real Estate Information Services (WNYREIS)

APN: 145289-126-080-0001-013-200