NOT LISTED FOR SALE

550 Pavement Rd Lancaster, NY 14086

Estimated Value: $592,000 - $620,000

4 Beds
2.5 Baths
2,269 Sq Ft
$267/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $450,550 $199 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,048/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Quartz Countertops
  • Eat-In Kitchen
  • Lancaster High School Rated A-
  • 2.5 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of March 2022

Welcome home to your brand new build with less than 1 year of current residency, still within Essex first year new build review! This ready now 2021 new build is a 4 bedroom, 2.5 bath, 2 car garage home that is fully energy star efficient with upgrades that include an air purification system, sprinkler system w/ rain sensor (sprinkler system replenishes hydro seeded lawn), 9 ft basement ceilings w/ egress window waiting to be finished. Open foyer greets you through to airy floor plan w/ large living room w/ gas start fireplace (NRTC), morning room that can be used as dining room as well as additional family room. Upgraded kitchen includes quartz counter tops and new negotiable stainless steel appliances. The family room rounds out this maintenance free, relaxed first floor living. Upstairs lives 4 bedrooms w/ large master bedroom w/ walk-in closet and dual sinks w/ stand up ceramic shower & second floor laundry for convenience. Home has been professionally landscaped with small stone patio and driveway w/ additional parking pad, why wait for your dream when you can have it right now? Lancaster schools! Must see! Offers being reviewed as they are submitted. Won't last!

Last Agent to Sell the Property

Jason Sokody

Listing by Howard Hanna WNY Inc. License #10301212761 Listed on: 12/18/2021

Howard Hanna WNY Inc.

Last Buyer's Agent

Angela Stewart

Listing by Howard Hanna WNY Inc. License #10401282190

Howard Hanna WNY Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,550

Year Built

  • Built in 2021

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 170 x 75

Parking

  • 2.5 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2,269 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Essex Community
  • Essex Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 145289-094-150-0001-018-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,550

Year Built

Built in 2021

Lot Details

0

Listing Details

  • NY Swis Code: Lancaster-145289
  • Total Assessed Value: 50000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 170
  • Lot Dimension Front: 75
  • Lot Information: Neighborhood Street
  • Lot Number: 18
  • Nearest Cross Street: Pleasantview
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1553620.69
  • Ratio Close Price By Sq Ft: 198.57
  • Ratio List Price By Acres: 1482758.62
  • Ratio List Price By Sq Ft: 189.51
  • Regional Board Code: Buffalo
  • School Tax: 5300
  • Styles of Residence: Colonial
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 12632
  • Age of Building: 1
  • Year Built: 2021
  • Directions To Property: Pleasantview to Pavement
  • Subdivision Comm Complex: Essex
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2021

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Family Room, Laundry-2nd Floor, Master Bedroom Bath
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher
  • Kitchen Dining Description: Eat-In, Island, Quartz Counter
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Not Repto Code: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 10
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • Total Sq Ft: 2269

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2900

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 2.5000

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: 145289-094-150-0001-018-000

Tax Info

  • Total Taxes: 9550

MLS Schools

  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Feb 20, 2022
Sold by
Handzlik Mark Lawrence and Handzlik Mark L
Bought by
Schiavone Matthew J and Schiavone Chelsey M
Seller's Agent
Jason Sokody
Howard Hanna WNY Inc.
Buyer's Agent
Angela Stewart
Howard Hanna WNY Inc.
List Price
$430,000
Sold Price
$450,550
Premium/Discount to List
$20,550
4.78%
Current Estimated Value
$607,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,559
Avg. Annual Appreciation
8.49%
Original Mortgage
$265,000
Outstanding Balance
$247,151
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$359,492

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 31, 2021
Sold by
Cross Creek Eight Llc
Bought by
Handzlik Mark Lawrence
Seller's Agent
John Ostrowski
Howard Hanna WNY Inc.
Buyer's Agent
Jason Sokody
Howard Hanna WNY Inc.
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%
Original Mortgage
$319,920
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2020
Sold by
Essex Homes Of Wny Inc
Bought by
Cross Creek Eight Llc

Purchase Details

Closed on
Oct 5, 2016
Sold by
Rjf Development Jv
Bought by
Essex Homes Of Western New York Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage
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
Schiavone Matthew J $450,550 First American Title Ins Co
Schiavone Matthew J $450,550 First American Title Ins Co
Schiavone Matthew J $450,550 First American Title Ins Co
Handzlik Mark Lawrence $399,900 None Available
Handzlik Mark Lawrence $399,900 None Available
Cross Creek Eight Llc -- None Available
Cross Creek Eight Llc -- None Available
Essex Homes Of Western New York Inc $2,308,670 None Available
Essex Homes Of Western New York Inc $2,308,670 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiavone Matthew J $265,000
Closed Schiavone Matthew J $265,000
Previous Owner Handzlik Mark Lawrence $319,920
Previous Owner Essex Homes Of Western New York Inc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2022 03/03/22 Sold $450,550 +4.8% $199 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/18/2021 12/18/21 For Sale $430,000 +7.5% $190 / Sq Ft
04/21/2021 04/21/21 Sold $399,900 0.0% $176 / Sq Ft View Prior Sale
02/07/2021 02/07/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $399,900 -- $176 / 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 $10,370 $379,000 $50,000 $329,000
2023 $10,344 $379,000 $50,000 $329,000
2022 $9,312 $379,000 $50,000 $329,000
2021 $8,236 $311,100 $50,000 $261,100
2020 $793 $50,000 $50,000 $0
2019 $30 $1,000 $1,000 $0
2018 $99 $1,000 $1,000 $0
2017 $13 $1,000 $1,000 $0
2016 $30 $1,000 $1,000 $0
2015 -- $1,000 $1,000 $0
2014 -- $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1382404

Western New York Real Estate Information Services (WNYREIS)

APN: 145289-094-150-0001-018-000