NOT LISTED FOR SALE

688 Town Line Rd Lancaster, NY 14086

Estimated Value: $256,000 - $372,092

4 Beds
2.5 Baths
2,232 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $255,000 $114 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,173/month

16 Days on Market

Highlights

  • 0.75 Acre Lot
  • Balcony
  • Patio
  • Deck
  • Stained Glass
  • Baseboard Heating

About This Home

As of July 2023

--Spacious 3-bedroom 1.5 bath main home on large 3/4-acre lot. Formal dining room. Large 1st floor laundry room. 1 bedroom 1 full bath apartment above garage area. Balcony deck off garage apartment. -Open House Sat 5/20/2023 11am -1pm--Could be a 4-bedroom 2.5 bath single with minimum work. Nice full basement. Large 2.5 car garage and Pole barn (648sq ft) with 12-foot overhead door. Concrete patio and covered front porch for those summer nights. Alden schools. New 50-year warranty metal roof in 2014. Huge blacktop driveway great for tailers /rv ect

Last Agent to Sell the Property

John Ostrowski

Listing by Howard Hanna WNY Inc. License #30OS0810465 Listed on: 05/02/2023

Howard Hanna WNY Inc.

Last Buyer's Agent

Linda Okonzak

Listing by Nichol City Realty License #30OK0648718

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,536

Year Built

  • Built in 1836

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 344 x 95

Home Design

  • Block Foundation
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Stained Glass
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 22
  • Assessor Parcel Number 145289-117-000-0001-022-100

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,536

Year Built

Built in 1836

Lot Details

0

Listing Details

  • NY Swis Code: Lancaster-145289
  • Total Assessed Value: 193000
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 344
  • Lot Dimension Front: 95
  • Lot Information: Neighborhood Street
  • Lot Number: 22
  • Nearest Cross Street: BROADWAY
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 340000.00
  • Ratio Close Price By Sq Ft: 114.25
  • Ratio List Price By Acres: 319866.67
  • Ratio List Price By Sq Ft: 107.48
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities
  • School Tax: 3032
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 32670
  • Age of Building: 187
  • Year Built: 1836
  • Above Grade Finished Sq Ft: 2232
  • Directions To Property: Broadway to Town line
  • Sq Ft Total Pub: 2232
  • Attribution Contact: 716-573-6530
  • EnergyEquipment: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1836

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Laundry- Separate Hook ups- Some, Stained Glass - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2232

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Deck, Garage Door Opener, Patio
  • Number of Acres: 0.7500

Garage/Parking

  • Number of Electric Meters: 1
  • Number of Garage Spaces: 4.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Alden

Lot Info

  • Parcel Number: 145289-117-000-0001-022-100

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5536

MLS Schools

  • School District Name: Alden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 26, 2023
Sold by
Weber Michael R
Bought by
Seger Eric
Seller's Agent
John Ostrowski
Howard Hanna WNY Inc.
Buyer's Agent
Linda Okonzak
Nichol City Realty
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%
Views
217
Current Estimated Value
$314,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,523
Avg. Annual Appreciation
9.18%
Original Mortgage
$247,350
Outstanding Balance
$242,546
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$63,575

Purchase Details

Closed on
Feb 19, 2020
Sold by
Weber Michael R and Werber Norman Erich
Bought by
Weber Michael R

Purchase Details

Closed on
May 22, 2017
Sold by
Weber Norman and Weber Susanne
Bought by
Weber Michael R and Weber Norman Erich
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
Seger Eric $255,000 Stewart Title
Seger Eric $255,000 None Available
Seger Eric $255,000 Stewart Title
Weber Michael R -- None Available
Weber Michael R -- None Available
Weber Michael R -- None Available
Weber Michael R -- None Available
Weber Michael R -- None Available
Weber Michael R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seger Eric $247,350
Closed Seger Eric $247,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $255,000 +6.3% $114 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $239,900 0.0% $107 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $239,900 -7.7% $107 / Sq Ft
05/02/2023 05/02/23 For Sale $259,900 -- $116 / 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 -- $193,000 $47,500 $145,500
2023 $5,502 $193,000 $47,500 $145,500
2022 $5,461 $193,000 $47,500 $145,500
2021 $5,257 $193,000 $47,500 $145,500
2020 $5,140 $193,000 $47,500 $145,500
2019 $3,431 $150,000 $36,500 $113,500
2018 $3,671 $150,000 $36,500 $113,500
2017 $1,979 $150,000 $36,500 $113,500
2016 $3,465 $150,000 $36,500 $113,500
2015 -- $150,000 $36,500 $113,500
2014 -- $150,000 $36,500 $113,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1468459

Western New York Real Estate Information Services (WNYREIS)

APN: 145289-117-000-0001-022-100