NOT LISTED FOR SALE

78 Madison Ave Lackawanna, NY 14218

Estimated Value: $116,000 - $140,000

3 Beds
1 Bath
1,067 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $72,000 $67 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $830/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Deck
  • Full Attic
  • Fenced Yard

About This Home

As of December 2018

Looking for your first home or investment property in Lackwannas Bethlehem Park? This home features 3 bedrooms, 1 bath, a spacious living space and an updated kitchen. Full tear off roof (2009), Updated bathroom (2017). A fully fenced in yard with large maintenance free deck & a covered front porch compliment the home as additional outdoor living space. Dry, spacious basement. Don't miss this one.....Showings begin IMMEDIATELY- Call to schedule a private tour!

Last Agent to Sell the Property

Melissa Liberatore

Listing by Keller Williams Realty Lancaster License #10401271191 Listed on: 10/01/2018

Keller Williams Realty Lancaster

Last Buyer's Agent

Melissa Liberatore

Listing by Keller Williams Realty Lancaster License #10401271191 Listed on: 10/01/2018

Keller Williams Realty Lancaster

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,385

Year Built

  • Built in 1925

Lot Details

  • 3,850 Sq Ft Lot
  • Lot Dimensions are 110 x 35
  • Fenced Yard
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 1,067 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 140900-141-830-0003-009-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,385

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Lackawanna-City-140900
  • Total Assessed Value: 44000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • Lot Number: 9
  • Lot Shape: Rectangular
  • Nearest Cross Street: Spruce
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 814479.64
  • Ratio Close Price By Sq Ft: 67.48
  • Ratio List Price By Acres: 790723.98
  • Ratio List Price By Sq Ft: 65.51
  • Regional Board Code: Buffalo
  • School Tax: 643
  • Styles of Residence: 2 Story, Colonial
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3850
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: Rt 5 to Madison
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Porch - Open
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Microwave, Negotiable
  • Kitchen Dining Description: Formal Dining Room, Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1067

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Deck, Fully Fenced Yard
  • Number of Acres: 0.0884

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lackawanna

Lot Info

  • Parcel Number: 140900-141-830-0003-009-000

Tax Info

  • Total Taxes: 2385

MLS Schools

  • School District Name: Lackawanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 13, 2018
Sold by
Wedzina Sxott A
Bought by
Markovich Daniel
Seller's Agent
Melissa Liberatore
Keller Williams Realty Lancaster
Buyer's Agent
Melissa Liberatore
Keller Williams Realty Lancaster
List Price
$69,900
Sold Price
$72,000
Premium/Discount to List
$2,100
3%
Current Estimated Value
$128,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,895
Avg. Annual Appreciation
10.22%
Original Mortgage
$66,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2017
Sold by
Wedzina Scott A and Wedzina David C
Bought by
Wedzina Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Cisco Gina M
Bought by
Wedzina Scott A and Wedzina David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,499
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2004
Sold by
Grasso Catherine and Pacillo Gerald
Bought by
Cisco Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,589
Interest Rate
5.6%
Mortgage Type
FHA
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
Markovich Daniel $72,000 Chicago Title Insurance Co
Wedzina Scott A -- None Available
Wedzina Scott A $50,774 Commonwealth
Cisco Gina M $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markovich Daniel J $75,500
Closed Markovich Daniel $66,000
Previous Owner Wedzina Scott A $46,750
Previous Owner Wedzina Scott A $50,499
Previous Owner Cisco Gina M $38,589
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $72,000 +3.0% $67 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $69,900 -- $66 / 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 -- $67,000 $4,000 $63,000
2023 $1,545 $67,000 $4,000 $63,000
2022 $1,502 $67,000 $4,000 $63,000
2021 $1,516 $67,000 $4,000 $63,000
2020 $767 $67,000 $4,000 $63,000
2019 $2,110 $44,000 $4,000 $40,000
2018 $1,384 $44,000 $4,000 $40,000
2017 $546 $44,000 $4,000 $40,000
2016 $1,185 $44,000 $4,000 $40,000
2015 -- $44,000 $4,000 $40,000
2014 -- $44,000 $4,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1151423

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-141-830-0003-009-000