NOT LISTED FOR SALE

8 Division St Lancaster, NY 14086

Estimated Value: $177,363 - $282,000

3 Beds
2 Baths
1,854 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $70,000 $38 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $1,427/month

39 Days on Market

Highlights

  • Forced Air Cooling System
  • Shed
  • Property is near bus stop
  • Lancaster High School Rated A-
  • Awning
  • Wall to Wall Carpet

About This Home

As of July 2014

Live on the cheap. Charming and funky two unit in the Village of Lancaster. new siding and windows in lower. New furnaces in both units. New central air in lower. Tropical entryway. Cool and casual living room, super sized kitchen and 2 good sized bedrooms. plenty of storage. Convenient open shelf pantry and laundry room off kitchen. Upstairs unit has one bedroom and bath. Long time tenant would love to stay. Immediate income producer. Backyard shed. Quiet Street Lancaster Schools. Low taxes.

Last Agent to Sell the Property

Joanne Pry

Listing by MJ Peterson Real Estate Inc. License #40PR0949478 Listed on: 03/28/2014

MJ Peterson Real Estate Inc.

Last Buyer's Agent

Joanne Pry

Listing by MJ Peterson Real Estate Inc. License #40PR0949478 Listed on: 03/28/2014

MJ Peterson Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 68 x 37

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,854 Sq Ft Home
  • 2-Story Property
  • Awning
  • Drapes & Rods
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate

Basement

  • Partial Basement
  • Crawl Space

Parking

  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Shed
  • Property is near bus stop

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 145203-104-150-0011-034-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,710

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 104
  • NY Swis Code: Lancaster-Village-145203
  • Total Assessed Value: 75000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 68
  • Lot Dimension Front: 37
  • Lot Information: Near Bus Line, Neighborhood Street
  • L P Per Acre: 1315000.0000
  • List Price per Sq Ft: 42.5566
  • Nearest Cross Street: Erie
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1166666.67
  • Ratio Close Price By Sq Ft: 37.76
  • Ratio List Price By Acres: 1315000.00
  • Ratio List Price By Sq Ft: 42.56
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1230
  • Sale Price List Price: 0.8871
  • S P Per Acre: 1166666.6700
  • S P Per Sq Ft: 37.7600
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 78900.00
  • Village: Lancaster-Village
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Central to Erie to left on Division
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Drapes - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Negotiable
  • Number of Rooms: 8
  • Total Sq Ft: 1854

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Awning
  • Number of Acres: 0.0600

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 145203-104-150-0011-034-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2710

MLS Schools

  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jul 2, 2014
Sold by
Wyatt Linda D
Bought by
Mahaney Erin K
Seller's Agent
Joanne Pry
MJ Peterson Real Estate Inc.
Buyer's Agent
Joanne Pry
MJ Peterson Real Estate Inc.
List Price
$78,900
Sold Price
$70,000
Premium/Discount to List
-$8,900
-11.28%
Current Estimated Value
$219,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,091
Avg. Annual Appreciation
10.35%
Original Mortgage
$65,221
Outstanding Balance
$50,122
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$168,969

Purchase Details

Closed on
Jan 10, 2007
Sold by
Mcnatty Mary E and Ess Mary A
Bought by
Wyatt Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,537
Interest Rate
6.18%
Mortgage Type
FHA
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
Mahaney Erin K $70,000 None Available
Wyatt Linda D $59,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahaney Erin K $65,221
Previous Owner Wyatt Linda D $58,537
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2014 07/03/14 Sold $70,000 -11.3% $38 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $78,900 -- $43 / 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 $3,470 $85,000 $8,700 $76,300
2023 $3,446 $85,000 $8,700 $76,300
2022 $3,337 $85,000 $8,700 $76,300
2021 $2,659 $85,000 $8,700 $76,300
2020 $2,415 $85,000 $8,700 $76,300
2019 $2,896 $75,000 $8,300 $66,700
2018 $3,111 $75,000 $8,300 $66,700
2017 $1,361 $75,000 $8,300 $66,700
2016 $2,932 $75,000 $8,300 $66,700
2015 -- $75,000 $8,300 $66,700
2014 -- $75,000 $8,300 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B448020

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-104-150-0011-034-000