NOT LISTED FOR SALE

587 Lake Ave Lancaster, NY 14086

Estimated Value: $460,000 - $471,014

4 Beds
2.5 Baths
1,928 Sq Ft
$242/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2020

Last sale price $290,000 $150 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,093 / mo

7 Days on Market

Highlights

  • 0.69 Acre Lot
  • Deck
  • Separate Formal Living Room
  • Lancaster High School Rated A-
  • 2 Fireplaces
  • Granite Countertops

About This Home

As of October 2020

Stop and look at this amazing 4 bedroom 2.5 bath home in the desirable Lancaster school district! This two story home delivers on both levels; the 1st floor offers an elegant and expansive eat-in kitchen with beautiful cabinets and finishes as well as a newly updated living room with French doors leading to a deck overlooking the yard. Upstairs houses all the bedrooms, including the master, which boasts a ridiculously nice master bathroom with a gorgeous, fully titled walk-in shower. Showings begin at the Open House Saturday 8/22 from 1-3 PM.

Last Agent to Sell the Property

William Neu

Listing by Keller Williams Realty Lancaster License #10301222361 Listed on: 08/19/2020

Keller Williams Realty Lancaster

Last Buyer's Agent

Kathleen Stachewicz

Listing by WNY Metro Roberts Realty License #40ST0633036

WNY Metro Roberts Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,029

Year Built

  • Built in 1981

Lot Details

  • 30,000 Sq Ft Lot
  • Lot Dimensions are 100x300
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Poured Concrete
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,928 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Deck
  • Patio

Schools

  • William Street Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Buffalo Crk Reservation Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 145289-126-110-0002-115-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,029

Year Built

Built in 1981

Lot Details

0.69 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1981
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: On Lake south of William.
  • Architectural Style: Two Story
  • Flooring: Carpet, Ceramic Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Granite Counters, Home Office, Bath in Primary Bedroom
  • Unit Levels: Two
  • Efficiency: Appliances
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.6887
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Deck, Patio, Private Yard, See Remarks
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Storage, Driveway, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lancaster
  • Ninth Grade High School: Lancaster High
  • Middle Or Junior School: Lancaster Middle

Lot Info

  • Parcel Number: 145289-126-110-0002-115-000
  • Lot Dimensions: 100X300
  • Lot Size Sq Ft: 30000.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6029.0
  • Tax Lot: 115

MLS Schools

  • Elementary School: William Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 13, 2020
Sold by
Brennan Mark B and Brennan Kelly A
Bought by
Demelo Paulo and Lewandowski Emily
Seller's Agent
William Neu
Keller Williams Realty Lancaster
Buyer's Agent
Kathleen Stachewicz
WNY Metro Roberts Realty
List Price
$270,000
Sold Price
$290,000
Premium/Discount to List
$20,000
7.41%
Current Estimated Value
$466,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,254
Avg. Annual Appreciation
8.92%
Original Mortgage
$232,000
Outstanding Balance
$203,123
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$263,131
Source: Public Records
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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
Demelo Paulo $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demelo Paulo $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $290,000 +7.4% $150 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $270,000 -- $140 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 $7,243 $258,000 $45,700 $212,300
2024 $7,243 $258,000 $45,700 $212,300
2023 $7,219 $258,000 $45,700 $212,300
2022 $7,020 $258,000 $45,700 $212,300
2021 $6,934 $258,000 $45,700 $212,300
2020 $6,414 $258,000 $45,700 $212,300
2019 $5,505 $185,000 $34,300 $150,700
2018 $5,741 $185,000 $34,300 $150,700
2017 $2,862 $185,000 $34,300 $150,700
2016 $5,531 $185,000 $34,300 $150,700
2015 -- $185,000 $34,300 $150,700
2014 -- $185,000 $34,300 $150,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1287859

Western New York Real Estate Information Services (WNYREIS)

APN: 145289-126-110-0002-115-000

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