NOT LISTED FOR SALE

85 Aurora St Lancaster, NY 14086

Estimated Value: $251,000 - $336,000

6 Beds
2 Baths
2,310 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $122,960 $53 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,003/month

4 Days on Market

Highlights

  • Wood Flooring
  • Partial Attic
  • Balcony
  • Lancaster High School Rated A-
  • Corner Lot
  • Forced Air Cooling System

About This Home

As of December 2018

BANK OWNED property sold in "AS IS" condition. Lots of potential in this 3/2 Double. Separate utilities. Vinyl sided, many newer windows, roof, good condition, glass block windows. Easy to show - both units vacant. 2 car garage, covered patio and off-street parking.

Last Agent to Sell the Property

Barry Chubb

Listing by Chubb-Aubrey Leonard Real Estate License #10491200230 Listed on: 10/08/2018

Last Buyer's Agent

Anna Galati

Listing by Buffalo Home Realty License #10401266749

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,736

Year Built

  • Built in 1910

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 125 x 50
  • Corner Lot
  • Rectangular Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Como Park Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

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

Additional Features

  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 16
  • Assessor Parcel Number 145203-104-810-0003-016-000

Community Details

Overview

  • 2 Units
  • Holland Land Cos Surv Community
  • Holland Land Cos Surv Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,736

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Lancaster-Village-145203
  • Total Assessed Value: 108000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 50
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • Lot Number: 16
  • Lot Shape: Rectangular
  • Nearest Cross Street: Garfield
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 856864.11
  • Ratio Close Price By Sq Ft: 53.23
  • Ratio List Price By Acres: 765853.66
  • Ratio List Price By Sq Ft: 47.58
  • Regional Board Code: Buffalo
  • School Tax: 1867
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Bank Owned / REO
  • Village: Lancaster-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 6250
  • Age of Building: 113
  • Year Built: 1910
  • Directions To Property: Aurora, corner of Garfield - 2 blocks south of Broadway.
  • Subdivision Comm Complex: Holland Land Cos Surv
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2310

Exterior Features

  • Construction: Aluminum/Steel, Vinyl
  • Additional Exterior Features: Balcony
  • Number of Acres: 0.1435

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete - Stamped, Garage

Utilities

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

Lot Info

  • Parcel Number: 145203-104-810-0003-016-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4736

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 11, 2018
Sold by
Alden State Bank
Bought by
Galanti Anna
Seller's Agent
Barry Chubb
Chubb-Aubrey Leonard Real Estate
Buyer's Agent
Anna Galati
Buffalo Home Realty
List Price
$109,900
Sold Price
$122,960
Premium/Discount to List
$13,060
11.88%
Current Estimated Value
$288,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,917
Avg. Annual Appreciation
12.80%
Original Mortgage
$120,732
Outstanding Balance
$107,806
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$181,071

Purchase Details

Closed on
Aug 21, 2017
Sold by
Babula Timothy
Bought by
Alden State Bank

Purchase Details

Closed on
Jan 21, 2004
Sold by
Facklam Arnold W and Facklam Carole L
Bought by
Babula Timothy and Lipski Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
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
Galanti Anna $122,960 None Available
Alden State Bank $89,382 None Available
Babula Timothy $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galanti Anna $120,732
Previous Owner Babula Timothy $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $122,960 +11.9% $53 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $109,900 -- $48 / 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 $6,098 $170,000 $28,700 $141,300
2023 $6,088 $170,000 $28,700 $141,300
2022 $5,906 $170,000 $28,700 $141,300
2021 $4,550 $170,000 $28,700 $141,300
2020 $4,869 $170,000 $28,700 $141,300
2019 $8,450 $108,000 $20,400 $87,600
2018 $4,844 $108,000 $20,400 $87,600
2017 $5,316 $108,000 $20,400 $87,600
2016 $8,483 $108,000 $20,400 $87,600
2015 -- $108,000 $20,400 $87,600
2014 -- $108,000 $20,400 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1153059

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-104-810-0003-016-000