NOT LISTED FOR SALE

8 Madison St Lancaster, NY 14086

Estimated Value: $253,000 - $286,000

3 Beds
1 Bath
1,300 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2021

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

Est. 43% increase in value since last sale

Current estimated payment $1,840 / mo

23 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Separate Formal Living Room
  • Lancaster High School Rated A-
  • 1 Fireplace
  • Formal Dining Room

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 67x115
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Como Park Elementary School
  • Lancaster High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 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

8,050 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1927
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: RUSA001
  • Co List Office Phone: 716-634-4200
  • Directions: Broadway to Aurora to Madison - house is on the left
  • Architectural Style: Two Story, Traditional
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Separate/Formal Living Room, Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing, PEX Plumbing
  • Exterior Features: Concrete Driveway, Fence
  • Foundation Details: Poured
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Garage, Garage Door Opener

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lancaster
  • Ninth Grade High School: Lancaster High

Lot Info

  • Parcel Number: 145203-115-070-0007-003-000
  • Lot Dimensions: 67X115
  • Lot Size Sq Ft: 8050.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4798.0

MLS Schools

  • Elementary School: Como Park Elementary

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
$264,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,498
Avg. Annual Appreciation
7.72%
Original Mortgage
$181,649
Outstanding Balance
$162,296
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$102,202

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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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

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 $5,367 $160,000 $37,000 $123,000
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

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