NOT LISTED FOR SALE

601 Walnut St Lockport, NY 14094

Estimated Value: $153,000 - $205,584

4 Beds
2 Baths
2,140 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $126,000 $59 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,307/month

2 Days on Market

Highlights

  • Deck
  • Balcony
  • Woodwork
  • Wood Flooring
  • Thermal Windows
  • 3-minute walk to Veterans Park

About This Home

As of May 2018

Custom kitchens & baths highlight this fabulous home. Live in one & lease the other or collect the cash on your investment. Light & bright lower offers large liv rm, spacious din rm, 2 bedrooms, gorgeous kitchen w/counter seating, appliances & mud rm, including in-unit laundry. Bath with custom tile work & lots of storage throughout. Upper offers 2 bedrooms, liv rm, walk-in closet, stackable laundry in custom bath w/walk-in shower, eat-in kitchen w/appliances too. Lower M-M tenancy, upper leased until 9/30/18. Lower $1200 Sec Dep, Upper $1000 Sec Dep. Nothing to do but move right in. Upper has elec heat, lower has forced air gas , separate HWT & electric.

Last Agent to Sell the Property

Kathleen Crissy

Listing by Howard Hanna WNY Inc. License #30CR0657910 Listed on: 03/25/2018

Howard Hanna WNY Inc.

Last Buyer's Agent

Louis Faery

Listing by HUNT Real Estate Corporation License #40FA1074378

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,912

Year Built

  • Built in 1878

Lot Details

  • Lot Dimensions are 124 x 44

Parking

  • Driveway

Home Design

  • Stone Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,140 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Thermal Windows
  • Dryer

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Crawl Space

Outdoor Features

  • Balcony
  • Deck

Schools

  • Lockport High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, refuse removal, snow removal, water
  • Assessor Parcel Number 290900-109-050-0002-053-0

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • Operating Expense $2,600
  • Gross Income $18,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,912

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Annual Operating Expenses: 2600
  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 73000
  • Foundation Description: Stone
  • Gross Annual Income: 18300
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 124
  • Lot Dimension Front: 44
  • Nearest Cross Street: Wilson Pkwy
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 58.88
  • Ratio List Price By Sq Ft: 55.09
  • Regional Board Code: Buffalo
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • School Tax: 2030
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 144
  • Year Built: 1878
  • Directions To Property: Davison to Walnut
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1878

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Natural Woodwork - some
  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkup/Bulkhead Doors, Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Electric-Some, Refrigerator
  • Total Sq Ft: 2140

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available, Deck, Thermal Windows - Some

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Lot Info

  • Parcel Number: 290900-109-050-0002-053-0

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3912

MLS Schools

  • High School Name: Lockport High
  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2018
Closed on
May 1, 2018
Sold by
Rivera Mark W
Bought by
Israel Roger V
Seller's Agent
Kathleen Crissy
Howard Hanna WNY Inc.
Buyer's Agent
Louis Faery
HUNT Real Estate Corporation
List Price
$117,900
Sold Price
$126,000
Premium/Discount to List
$8,100
6.87%
Current Estimated Value
$183,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,146
Avg. Annual Appreciation
4.98%
Original Mortgage
$94,500
Outstanding Balance
$81,368
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$101,778

Purchase Details

Closed on
Dec 17, 2004
Sold by
Mg Property Holdings
Bought by
Rivers Mark

Purchase Details

Closed on
Jun 25, 2004
Sold by
Rivera Mark
Bought by
Mg Property Holdings Llc

Purchase Details

Closed on
Jan 22, 2004
Sold by
Fogle Mary
Bought by
Rivera Mark

Purchase Details

Closed on
Sep 12, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Israel Roger V $126,000 None Available
Rivers Mark -- --
Mg Property Holdings Llc -- Nicholas Sargent
Rivera Mark $52,000 Nicholas Sargent
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Israel Roger V $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $126,000 +6.9% $59 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $117,900 -- $55 / 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 $4,186 $154,000 $4,300 $149,700
2023 $4,110 $147,000 $4,300 $142,700
2022 $3,144 $134,000 $4,300 $129,700
2021 $2,879 $73,000 $5,600 $67,400
2020 $2,817 $73,000 $5,600 $67,400
2019 $631 $73,000 $5,600 $67,400
2018 $2,037 $73,000 $5,600 $67,400
2017 $2,030 $73,000 $5,600 $67,400
2016 $1,965 $73,000 $5,600 $67,400
2015 -- $73,000 $5,600 $67,400
2014 -- $73,000 $5,600 $67,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1106284

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-050-0002-053-000