NOT LISTED FOR SALE

9 Franklin St Lancaster, NY 14086

Estimated Value: $178,000 - $244,000

5 Beds
2 Baths
2,138 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2017

Last sale price $78,000 $36 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,530 / mo

62 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 2 Car Garage
  • Lancaster High School Rated A-
  • Baseboard Heating

About This Home

As of March 2017

Here's your opportunity to add to your portfolio or live in one unit and have the other pay the mortgage! Lots of potential to make this your own. Lower unit is very spacious with a formal dining room, 2 bedrooms and 2 full baths. Upper unit has an additional 2 bedrooms and full bath. Make your appointment today! Easy to show!

Last Agent to Sell the Property

Michael Wilson

Listing by Michael Wilson Realty LLC License #49WI1146749 Listed on: 12/21/2016

Last Buyer's Agent

TJ Miller

Listing by Howard Hanna WNY Inc. License #10301201292

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,514 Sq Ft Lot
  • Lot Dimensions are 68x153

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,138 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Tile

Location

  • Property is near public transit

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 145203-115-270-0003-001-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

10,514 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: North on Lake Ave, east on Franklin St
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Exhaust Fan, Gas Oven, Gas Range, Gas Water Heater, Range Hood
  • Basement: Partial
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2414
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Lancaster

Lot Info

  • Parcel Number: 145203-115-270-0003-001-000
  • Lot Dimensions: 68X153
  • Lot Size Sq Ft: 10514.0
  • 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: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 4998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2016
Closed on
Mar 13, 2017
Sold by
Residential Mortgage Loan
Bought by
Equity T Co
Seller's Agent
Michael Wilson
Michael Wilson Realty LLC
Buyer's Agent
TJ Miller
Howard Hanna WNY Inc.
List Price
$69,900
Sold Price
$78,000
Premium/Discount to List
$8,100
11.59%
Current Estimated Value
$220,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,823
Avg. Annual Appreciation
12.03%

Purchase Details

Closed on
Sep 13, 2016
Sold by
Coburn James E
Bought by
Residential Mortgage Loan Trusts

Purchase Details

Closed on
Jan 14, 1999
Sold by
Woods James G
Bought by
Coburn James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,400
Interest Rate
6.7%
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
Equity T Co $78,000 --
Residential Mortgage Loan Trusts $124,591 None Available
Coburn James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coburn James E $6,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $78,000 +11.6% $36 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $69,900 0.0% $33 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
01/09/2017 01/09/17 Price Changed $69,900 -12.5% $33 / Sq Ft
12/21/2016 12/21/16 For Sale $79,900 -- $37 / 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 $4,212 $109,000 $38,900 $70,100
2024 $4,212 $109,000 $38,900 $70,100
2023 $4,192 $109,000 $38,900 $70,100
2022 $4,063 $109,000 $38,900 $70,100
2021 $3,193 $109,000 $38,900 $70,100
2020 $3,741 $109,000 $38,900 $70,100
2019 $7,777 $100,000 $24,100 $75,900
2018 $4,548 $100,000 $24,100 $75,900
2017 $4,998 $100,000 $24,100 $75,900
2016 $4,426 $100,000 $24,100 $75,900
2015 -- $100,000 $24,100 $75,900
2014 -- $100,000 $24,100 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1018418

Western New York Real Estate Information Services (WNYREIS)

APN: 145203-115-270-0003-001-000

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