NOT LISTED FOR SALE

7 Edward St Lancaster, NY 14086

Estimated Value: $262,864 - $271,000

4 Beds
3 Baths
1,773 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $160,000 $90 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,834/month

11 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Property is near a bus stop
  • Lancaster High School Rated A-
  • Forced Air Cooling System
  • Ceiling Fan

About This Home

As of September 2019

Rare opportunity to own a TRIPLEX in Lancaster that is in close proximity to all amenities and the village of Lancaster without having to pay village taxes! Vinyl siding, replacement windows throughout, separate utilities, plenty of off street parking, wooden deck and partially fenced in back yard. The second bedroom in the front unit has been converted to an in unit laundry room, but can easily be converted back to a bedroom. This is a great home for an owner occupant looking to have tenants help pay part of their mortgage or an investor!
No showings until the Open House Wednesday (7/24) 5-7pm. There will be a second Open House Saturday (7/27) 11am-1pm. Offers will be reviewed beginning Friday 8/2/19 at 5pm.

Last Agent to Sell the Property

Nicole Aldinger

Listing by HUNT Real Estate Corporation License #10301219584 Listed on: 07/22/2019

HUNT Real Estate Corporation

Last Buyer's Agent

Amber Wetzler

Listing by No Office Affiliation License #10401277156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,582

Year Built

  • Built in 1920

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 125 x 60

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,773 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Sump Pump

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Property held in a trust
  • Rent includes lawn maintenance, snow removal, water
  • Tax Lot 14
  • Assessor Parcel Number 145289-104-340-0003-014-100

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,582

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Lancaster-145289
  • Total Assessed Value: 110000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 14
  • Nearest Cross Street: Walden
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 929152.15
  • Ratio Close Price By Sq Ft: 90.24
  • Ratio List Price By Acres: 870499.42
  • Ratio List Price By Sq Ft: 84.55
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 1901
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Trust
  • Year Built Description: Existing
  • Lot Sq Ft: 7500
  • Age of Building: 103
  • Year Built: 1920
  • Directions To Property: Walden to Edward or Central to Markey to Edward
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Laundry- Separate Hook ups- Some, Sump Pump
  • Basement Description: Full, Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1773

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck
  • Number of Acres: 0.1722

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Wall Furnace
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lancaster

Lot Info

  • Parcel Number: 145289-104-340-0003-014-100

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4582

MLS Schools

  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Senko Eric and Senko Ashley
Bought by
Senko Property Management Llc
Total Days on Market
11
Current Estimated Value
$253,321

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 30, 2019
Sold by
Beltz Ellen and Beltz Family Trust
Bought by
Senko Eric and Senko Ashley
Seller's Agent
Nicole Aldinger
HUNT Real Estate Corporation
Buyer's Agent
Amber Wetzler
No Office Affiliation
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$120,000
Outstanding Balance
$106,277
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$143,995

Purchase Details

Closed on
Apr 11, 2017
Sold by
Beltz John J
Bought by
Beltz Ellen and The Beltz Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Senko Property Management Llc -- None Available
Senko Property Management Llc -- None Available
Senko Eric $160,000 Stewart Title
Senko Eric $160,000 Stewart Title
Beltz Ellen -- None Available
Beltz Ellen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senko Eric $120,000
Closed Senko Eric $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $160,000 +6.7% $90 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $149,900 -- $85 / 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 -- $160,000 $14,500 $145,500
2023 $5,435 $160,000 $14,500 $145,500
2022 $5,268 $160,000 $14,500 $145,500
2021 $5,215 $160,000 $14,500 $145,500
2020 $5,059 $160,000 $14,500 $145,500
2019 $4,301 $110,000 $20,500 $89,500
2018 $4,583 $110,000 $20,500 $89,500
2017 $2,435 $110,000 $20,500 $89,500
2016 $4,350 $110,000 $20,500 $89,500
2015 -- $110,000 $20,500 $89,500
2014 -- $110,000 $20,500 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1210917

Western New York Real Estate Information Services (WNYREIS)

APN: 145289-104-340-0003-014-100