NOT LISTED FOR SALE

55 Adam St Lockport, NY 14094

Estimated Value: $112,000 - $157,000

4 Beds
2 Baths
1,476 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 23, 2014

Last sale price $37,000 $25 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $985/month

41 Days on Market

About This Home

As of June 2014

NEWER MAINTENANCE FREE VINYL SIDING, NEW FURNACE & WATER HEATER IN LOWER UNIT. SEPARATE UTILITY METERS, 4 +SPACE PARKING! QUIET STREET! WELL MAINTAINED! PRICED BELOW ASSESSED VALUE! GREAT RENTAL INCOME ($600 & $575) SECTION 8 QUALIFIED. SELLER WOULD ALSO LIKE TO SELL 294 wASHBURN ($625, $625). BOTH ARE ELIGIBLE SECTION 8, REAL MONEY MAKERS- SEPARATE UTILITY METERS.

Last Agent to Sell the Property

Suzanne Lichtman

Listing by No Office Affiliation License #40LI0835019 Listed on: 03/07/2014

Co-Listed By

Robert Barnhart

Listing by No Office Affiliation License #40BA0035851

Last Buyer's Agent

Kimberly Lemieux

Listing by No Office Affiliation License #40LE1017882

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 151 x 33
  • Rectangular Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,476 Sq Ft Home
  • 2-Story Property
  • Linoleum Flooring
  • Crawl Space

Parking

  • No Garage
  • Stone Driveway
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Rent includes hot water, refuse removal, water
  • Assessor Parcel Number 290900-109-049-0001-034-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 94
  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 43800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 151
  • Lot Dimension Front: 33
  • Lot Shape: Rectangular
  • L P Per Acre: 390434.7800
  • List Price per Sq Ft: 30.4200
  • Nearest Cross Street: UNION STREET
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 308333.33
  • Ratio Close Price By Sq Ft: 25.07
  • Ratio List Price By Acres: 374166.67
  • Ratio List Price By Sq Ft: 30.42
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Hot Water, Refuse Removal, Water
  • School Tax: 1155
  • Sale Price List Price: 0.8240
  • S P Per Acre: 308333.3300
  • S P Per Sq Ft: 25.0700
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 44900.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: .
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Floor Description: Linoleum/Vinyl
  • Number of Rooms: 8
  • Total Sq Ft: 1476

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1200

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Shared, Stone/Gravel

Utilities

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

Lot Info

  • Parcel Number: 290900-109-049-0001-034-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2158

MLS Schools

  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
Jun 4, 2014
Sold by
C & P 6858 Consulting Inc
Bought by
Ingraham Alan
Seller's Agent
Suzanne Lichtman
No Office Affiliation
Buyer's Agent
Kimberly Lemieux
No Office Affiliation
List Price
$44,900
Sold Price
$37,000
Premium/Discount to List
-$7,900
-17.59%
Current Estimated Value
$141,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,194
Avg. Annual Appreciation
12.51%

Purchase Details

Closed on
Mar 7, 2003
Sold by
Barnes Joy
Bought by
Mulrooney Terrance
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
Ingraham Alan $37,000 None Available
Mulrooney Terrance $32,000 Cheryl Stein
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2014 06/23/14 Sold $37,000 -17.6% $25 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $44,900 -- $30 / 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 $2,935 $108,000 $5,100 $102,900
2023 $2,908 $104,000 $5,100 $98,900
2022 $2,115 $93,000 $5,100 $87,900
2021 $1,727 $43,800 $4,600 $39,200
2020 $1,690 $43,800 $4,600 $39,200
2019 $379 $43,800 $4,600 $39,200
2018 $1,222 $43,800 $4,600 $39,200
2017 $1,218 $43,800 $4,600 $39,200
2016 $1,179 $43,800 $4,600 $39,200
2015 -- $43,800 $4,600 $39,200
2014 -- $43,800 $4,600 $39,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B446805

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-049-0001-034-000