Seller's Agent in 2024
Derek Pew
Keller Williams Realty WNY
(716) 598-8368
9 in this area
59 Total Sales
88 4th Ave Lancaster, NY 14086
Estimated Value: $384,868 - $420,000
6
Beds
4
Baths
2,324
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- Corner Lot
- Central Air
- Heating System Uses Gas
- Lancaster High School Rated A-
- Vinyl Flooring
About This Home
As of November 2024Welcome to a RARE multi-unit opportunity in the heart of Lancaster Village! This well-maintained 3/3 double sits on a desirable corner lot, offering both privacy and convenience. The property boasts off-street parking and a fully fenced backyard, perfect for outdoor activities or pets. Located within the highly sought-after Lancaster School District, this is an ideal investment or owner-occupy option.
As the only multi-family home in the neighborhood, this unique property provides flexibility for rental income or extended family living. Each unit features spacious layouts, ample natural light, and separate entrances for added privacy. Whether you're looking to expand your real estate portfolio or find a home with income potential, this Lancaster gem is a must-see. Don't miss your chance to own a piece of this vibrant community! Showings begin August 20th. Offers due Monday, August 26th at 1pm.
Last Agent to Sell the Property
Listing by Keller Williams Realty WNY Brokerage Phone: 716-598-8368 License #10401338100 Listed on: 08/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,150
Year Built
- Built in 1974
Lot Details
- 10,395 Sq Ft Lot
- Lot Dimensions are 77x134
- Corner Lot
Parking
- Paved Parking
Interior Spaces
- 2,324 Sq Ft Home
- 2-Story Property
- Partially Finished Basement
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Schools
- Como Park Elementary School
- Lancaster Middle School
- Lancaster High School
Utilities
- Central Air
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Rent includes all utilities
- Tax Lot 1
- Assessor Parcel Number 145203-115-110-0009-001-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2024
Closed on
Nov 14, 2024
Sold by
Horvatits Scott J and Horvatits Crystal M
Bought by
Imiolo Adam
Seller's Agent
Derek Pew
Keller Williams Realty WNY
Buyer's Agent
Chandra Hoyt
Howard Hanna WNY Inc.
List Price
$300,000
Sold Price
$370,000
Premium/Discount to List
$70,000
23.33%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,967
Avg. Annual Appreciation
6.90%
Original Mortgage
$277,500
Outstanding Balance
$274,168
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$124,799
Purchase Details
Closed on
Apr 21, 2021
Sold by
Horvatits Scott J
Bought by
Horvatits Scott J and Horvatits Crystal M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 6, 2006
Sold by
Forrest Frances M
Bought by
Horvatits Scott J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,288
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 9, 1998
Sold by
Hey Brothesr Properites I Nc
Bought by
Forrest Frances
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Imiolo Adam | $370,000 | First American Mortgage Sln | |
| Imiolo Adam | $370,000 | First American Mortgage Sln | |
| Imiolo Adam | $370,000 | First American Mortgage Sln | |
| Horvatits Scott J | -- | Servicelink | |
| Horvatits Scott J | -- | Servicelink | |
| Horvatits Scott J | -- | Servicelink | |
| Horvatits Scott J | $154,500 | First Amer Title Ins Co Ny | |
| Horvatits Scott J | $154,500 | First Amer Title Ins Co Ny | |
| Horvatits Scott J | $154,500 | First Amer Title Ins Co Ny | |
| Forrest Frances | $96,500 | -- | |
| Forrest Frances | $96,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Imiolo Adam | $277,500 | |
| Closed | Imiolo Adam | $277,500 | |
| Previous Owner | Horvatits Scott J | $60,000 | |
| Previous Owner | Horvatits Scott J | $153,288 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2024 11/12/24 | Sold | $370,000 | +23.3% | $159 / Sq Ft |
| 08/27/2024 08/27/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $300,000 | -- | $129 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
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 | $6,716 | $190,000 | $40,600 | $149,400 |
| 2023 | $6,710 | $190,000 | $40,600 | $149,400 |
| 2022 | $6,511 | $190,000 | $40,600 | $149,400 |
| 2021 | $4,994 | $190,000 | $40,600 | $149,400 |
| 2020 | $6,652 | $190,000 | $40,600 | $149,400 |
| 2019 | $6,666 | $156,000 | $25,300 | $130,700 |
| 2018 | $7,000 | $156,000 | $25,300 | $130,700 |
| 2017 | $2,165 | $156,000 | $25,300 | $130,700 |
| 2016 | $6,710 | $156,000 | $25,300 | $130,700 |
| 2015 | -- | $156,000 | $25,300 | $130,700 |
| 2014 | -- | $156,000 | $25,300 | $130,700 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Pew
-
Chandra Hoyt
Buyer's Agent in 2024
Chandra Hoyt
Howard Hanna
(716) 310-4328
11 in this area
110 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1560186
APN: 145203-115-110-0009-001-000
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