NOT LISTED FOR SALE

8 Division St Lancaster, NY 14086

Estimated Value: $173,060 - $232,000

3 Beds
2 Baths
1,854 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2014

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

Est. 171% increase in value since last sale

Current estimated payment $1,297 / mo

39 Days on Market

Highlights

  • Property is near public transit
  • Awning
  • Carpet
  • Lancaster High School Rated A-
  • Forced Air Heating and Cooling System

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 37x68

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,854 Sq Ft Home
  • 2-Story Property
  • Awning
  • Window Treatments
  • Partial Basement
  • Dishwasher
  • Washer Hookup

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • No Garage
  • Paved Parking

Location

  • Property is near public transit

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 145203-104-150-0011-034-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,710

Year Built

Built in 1910

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1910
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Central to Erie to left on Division
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Linoleum, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Window Treatments
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Dishwasher, Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.06
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Awning(s)
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage, Paved, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lancaster

Lot Info

  • Parcel Number: 145203-104-150-0011-034-000
  • Lot Dimensions: 37X68
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2710.0

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
$190,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,015
Avg. Annual Appreciation
8.80%
Original Mortgage
$65,221
Outstanding Balance
$49,111
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$140,904

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
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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

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
2025 $3,470 $85,000 $8,700 $76,300
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

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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

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