NOT LISTED FOR SALE

5553 Lockwood Heights Olcott, NY 14126

Estimated Value: $312,000 - $439,000

3 Beds
2 Baths
1,352 Sq Ft
$278/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $250,000 $185 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,517/month

6 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Cottage
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of September 2016

Ever dreamed of a house on the lake? Here's your opportunity! Cute home on the shores of Lake Ontario with a beautiful view from your porch of the lake with the Toronto skyline in the distance. The many updates make this a cozy yet functional space. Newer roof and siding. Close to wineries and the Olcott Harbor, which is known for great boating and fishing. Whole house generator included.

Last Agent to Sell the Property

Nancy Lange

Listing by Howard Hanna WNY Inc. License #40LA1171240 Listed on: 07/01/2016

Howard Hanna WNY Inc.

Last Buyer's Agent

Nancy Lange

Listing by Howard Hanna WNY Inc. License #40LA1171240 Listed on: 07/01/2016

Howard Hanna WNY Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,207

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 237 x 60
  • 60 Feet of Waterfront
  • Lake Front
  • Rectangular Lot

Home Design

  • Cottage
  • Bungalow
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Gas Fireplace
  • Drapes & Rods
  • Living Room
  • Scuttle Attic Hole
  • Security System Owned
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Accessible Home Design

  • Wheelchair Adaptable

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Sbore Prop Community
  • Lake Sbore Prop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 292800-014-006-0001-009-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,207

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Accessibility: Adaptable Home - some
  • Additional Structures: Shed/Storage
  • Age: 96
  • NY Swis Code: Newfane-292800
  • Total Assessed Value: 120700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 237
  • Lot Dimension Front: 60
  • Lot Shape: Rectangular
  • L P Per Acre: 817878.7900
  • List Price per Sq Ft: 199.6301
  • Nearest Cross Street: Lake Rd
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 757575.76
  • Ratio Close Price By Sq Ft: 184.91
  • Ratio List Price By Acres: 817878.79
  • Ratio List Price By Sq Ft: 199.63
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 3452
  • Styles of Residence: Bungalow, Cottage
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 269900.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Transit Rd north, go west on W Lake Rd (Rt 18) to Lockwood Heights.
  • Subdivision Comm Complex: LAKE SBORE PROP
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Natural Woodwork - some, Security System - Owned
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Crawl Space, Scuttle Access
  • Floor Description: Tile-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Disposal, Microwave, Oven/Range Electric
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 6
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1352

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Lake Ontario
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet, Patio
  • Number of Acres: 0.3300
  • Waterfront Description: Lake
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Newfane

Lot Info

  • Parcel Number: 292800-014-006-0001-009-000

Tax Info

  • Total Taxes: 5207

MLS Schools

  • School District Name: Newfane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Jul 17, 2012
Sold by
Mccarthy Margaret
Bought by
Spear Rita
Seller's Agent
Gary Utech
No Office Affiliation
Buyer's Agent
Non MLS
Non MLS
List Price
$229,900
Sold Price
$223,000
Premium/Discount to List
-$6,900
-3%
Current Estimated Value
$376,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,172
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Apr 23, 2007
Sold by
Rector Charles
Bought by
Embow John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1997

Purchase Details

Closed on
Jun 18, 1997
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
Spear Rita $212,000 R. Joseph Foltz
Embow John $185,000 James Cosgrove
-- $72,000 --
-- $62,755 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Embow John $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $250,000 -7.4% $185 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $269,900 +21.0% $200 / Sq Ft
08/10/2012 08/10/12 Sold $223,000 -3.0% $165 / Sq Ft
06/09/2012 06/09/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $229,900 -- $170 / 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 $5,599 $120,700 $30,000 $90,700
2023 $5,599 $120,700 $30,000 $90,700
2022 $5,501 $120,700 $30,000 $90,700
2021 $5,464 $120,700 $30,000 $90,700
2020 $5,363 $120,700 $30,000 $90,700
2019 -- $120,700 $30,000 $90,700
2018 $5,334 $120,700 $30,000 $90,700
2017 $5,183 $120,700 $30,000 $90,700
2016 $3,588 $120,700 $30,000 $90,700
2015 -- $120,700 $30,000 $90,700
2014 -- $120,700 $30,000 $90,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Nancy Lange

    Howard Hanna

    (716) 417-8382

    4 in this area

    27 Total Sales

    Section Image

  • G

    Seller's Agent in 2012

    Gary Utech

    No Office Affiliation

  • N

    Buyer's Agent in 2012

    Non MLS

    Non MLS

    Section Image
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Map

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

MLS Number: B503574

Western New York Real Estate Information Services (WNYREIS)

APN: 292800-014-006-0001-009-000

New York Niagara County Olcott 14028

5553 Lockwood Heights, Olcott, NY

This home is located at 5553 Lockwood Heights, Olcott, NY 14126 since 01 July 2016 and is currently estimated at $376,172, approximately $278 per square foot. This property was built in 1920. 5553 Lockwood Heights is a home located in Niagara County with nearby schools including Newfane Elementary School, Newfane Senior High School, and Newfane Middle School.

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