NOT LISTED FOR SALE

8 Madison St Lancaster, NY 14086

Estimated Value: $268,276 - $284,000

3 Beds
1 Bath
1,300 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $185,000 $142 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,874/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Formal Dining Room
  • Lancaster High School Rated A-
  • Full Attic
  • 2 Car Detached Garage

About This Home

As of June 2021

This classic 3 bdrm home is in a top rated School district. Many intact original features, including a pantry kitchen with glass front cupboards. Leaded glass windows in the DR, LR and foyer. 2nd flr full bath features new plumbing and a claw foot tub! All 3 bdrms have deep closets. Full bsmt features a workshop, and storage. A new furnace and HWT (both 2018) new electric service (April 2021) along w/ updated windows vinyl siding, concrete drive and detached 2 car gar-age are some of the significant updates to this home. A spacious covered front porch and large lot make this home perfect for your entertaining. Enjoy being close to shops, new W Main St development, and the historic Lancaster Opera House. This home is ready for you!

Last Agent to Sell the Property

Joyce Grinewich

Listing by Howard Hanna WNY Inc. License #10301202023 Listed on: 04/05/2021

Howard Hanna WNY Inc.

Co-Listed By

Robert Grinewich

Listing by Howard Hanna WNY Inc. License #10301219790

Last Buyer's Agent

Lori Adams

Listing by eXp Realty License #10301200381

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1927

Lot Details

  • 8,050 Sq Ft Lot
  • Lot Dimensions are 115 x 67
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Electric Fireplace
  • Leaded Glass Windows
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Full Attic
  • Attic Stairs

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Porch

Schools

  • Como Park Elementary School
  • Lancaster High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • 220 Volts in Garage
  • PEX Plumbing
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 145203-115-070-0007-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,798

Year Built

Built in 1927

Lot Details

0

Listing Details

  • NY Swis Code: Lancaster-Village-145203
  • Total Assessed Value: 160000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 67
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Aurora
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Sq Ft: 142.31
  • Ratio List Price By Sq Ft: 150.00
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt, Shingles
  • School Tax: 2263
  • Styles of Residence: 2 Story, Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Village: Lancaster-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 8050
  • Age of Building: 95
  • Garage Amenities: Electrical Service
  • Year Built: 1927
  • Directions To Property: Broadway to Aurora to Madison - house is on the left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Leaded Glass - some, Natural Woodwork - some, Pex Plumbing- Some
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Refrigerator
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1300

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, Partially Fenced Yard

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Lot Info

  • Parcel Number: 145203-115-070-0007-003-000

Tax Info

  • Total Taxes: 4798

MLS Schools

  • Elementary School Name: Como Park Elementary
  • High School Name: Lancaster High
  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 22, 2021
Sold by
Jackman Giselle M
Bought by
Lopez Shirley A
Seller's Agent
Joyce Grinewich
Howard Hanna WNY Inc.
Buyer's Agent
Lori Adams
eXp Realty
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$274,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,819
Avg. Annual Appreciation
9.03%
Original Mortgage
$181,649
Outstanding Balance
$164,461
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$110,358

Purchase Details

Closed on
Dec 8, 2008
Sold by
Yost Helen
Bought by
Jackman Giselle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,573
Interest Rate
6.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Shirley A $185,000 Chicago Title Insurance Co
Jackman Giselle M $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Shirley A $181,649
Previous Owner Jackman Giselle M $78,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $185,000 -5.1% $142 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $195,000 -- $150 / 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 $5,367 $160,000 $37,000 $123,000
2023 $5,375 $160,000 $37,000 $123,000
2022 $5,220 $160,000 $37,000 $123,000
2021 $3,943 $160,000 $37,000 $123,000
2020 $3,608 $160,000 $37,000 $123,000
2019 $2,743 $79,000 $25,500 $53,500
2018 $2,896 $79,000 $25,500 $53,500
2017 $1,099 $79,000 $25,500 $53,500
2016 $2,765 $79,000 $25,500 $53,500
2015 -- $79,000 $25,500 $53,500
2014 -- $79,000 $25,500 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1327621

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-115-070-0007-003-000