NOT LISTED FOR SALE

99 South St Lockport, NY 14094

Estimated Value: $109,000 - $164,452

6 Beds
2 Baths
2,444 Sq Ft
$54/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $112,000 $46 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $925/month

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Ceiling Fan
  • Full Attic
  • Property is near a bus stop

About This Home

As of March 2023

Investment opportunity you won't regret! Sitting just blocks from schools, shopping and all necessities on Transit Road. This multifamily is in a high demand convenient rental area and is 2184 square feet. Features 3 bedrooms in each unit, fully renovated lower unit newer kitchen, newer bathroom, newer flooring throughout, replacement vinyl windows, fresh paint throughout. Exterior features newer roof, newer gutters, siding freshly painted and off street parking!! Separate gas and electric meters. The upper and lower tenants are paid up to date and would like to stay. The upper unit could use some TLC and tenant has been there a longtime. Sold as is. Sellers not looking to make repairs from inspection. Appliances included!! Investors this is perfect to add to your portfolio!! This crushes the 1% rule!! Start earning income from this fully occupied property immediately!!

Last Agent to Sell the Property

Dale Miller

Listing by Irish Jones Realty License #10401345182 Listed on: 02/01/2023

Last Buyer's Agent

Elizabeth Abelson Reed

Listing by Irish Jones Realty License #10401369358

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 1880

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 75 x 32

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Laminate

Location

  • Property is near a bus stop

Schools

  • Roy Kelley Elementary School
  • Emmet Belknap Middle School
  • Lockport High School

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, water
  • Tax Lot 24
  • Assessor Parcel Number 290900-109-063-0002-024-000

Community Details

Overview

  • 2 Units
  • City/Lockport Community
  • City/Lockport Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,062

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 28600
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 75
  • Lot Dimension Front: 32
  • Lot Information: Near Bus Line, Neighborhood Street, Primary Road
  • Lot Number: 24
  • Nearest Cross Street: Elm
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1866666.67
  • Ratio Close Price By Sq Ft: 45.83
  • Ratio List Price By Acres: 1833333.33
  • Ratio List Price By Sq Ft: 45.01
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 875
  • Sub Board Code: Buffalo
  • Type of Residence: Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2614
  • Ad Headline: Investment Property
  • Age of Building: 143
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 2444
  • Directions To Property: Walnut to Elm. It's on the Corner of Elm and South Street
  • Sq Ft Total Pub: 2444
  • Subdivision Comm Complex: City/Lockport
  • Attribution Contact: 716-812-5288
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wood-Some
  • Total Sq Ft: 2444

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0600

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

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

Schools

  • School District: Lockport
  • Elementary School: Roy Kelley Elementary
  • Middle School: Emmet Belknap Middle
  • High School: Lockport High

Lot Info

  • Parcel Number: 290900-109-063-0002-024-000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2062

MLS Schools

  • Elementary School Name: Roy Kelley Elementary
  • High School Name: Lockport High
  • Middle School Name: Emmet Belknap Middle
  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Cardenas Jorge Armando Daza and Cardenas Maria Alej
Bought by
D & L Homes Real Estate Llc
Current Estimated Value
$133,113

Purchase Details

Listed on
Feb 1, 2023
Closed on
Feb 23, 2023
Sold by
D & G Realty Partners Llc
Bought by
Cardenas Jorge Armando Daza and Acevedo Maria Alejandra
Seller's Agent
Dale Miller
Irish Jones Realty
Buyer's Agent
Elizabeth Abelson Reed
Irish Jones Realty
List Price
$110,000
Sold Price
$112,000
Premium/Discount to List
$2,000
1.82%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$84,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2021
Sold by
Dominquez Christopher
Bought by
D & G Realty Partners Llc

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 27, 2021
Sold by
Jumat Pon
Bought by
Dominguez Cristopher
Seller's Agent
Charles Glander
Avant Realty LLC
Buyer's Agent
Dale Miller
Irish Jones Realty
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$60,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2011
Sold by
City Of Lockport
Bought by
James M Timkey Timkey Management Llc

Purchase Details

Closed on
Nov 9, 2011
Sold by
Semple Craig D and Mceachon Joseph D
Bought by
City Of Lockport

Purchase Details

Closed on
Oct 24, 2007
Sold by
Kohl Walter
Bought by
Higgins John
Source: Public Records

Range of Values:

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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
D & L Homes Real Estate Llc -- None Listed On Document
Cardenas Jorge Armando Daza $112,000 --
D & G Realty Partners Llc -- None Available
Dominguez Cristopher $80,000 Chicago Title
James M Timkey Timkey Management Llc $5,500 None Available
City Of Lockport -- None Available
Higgins John $30,000 Joseph Townsend
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardenas Jorge Armando Daza $84,000
Previous Owner Dominguez Cristopher $60,000
Previous Owner Dominguez Cristopher $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $112,000 +1.8% $46 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $110,000 +37.5% $45 / Sq Ft
03/16/2021 03/16/21 Sold $80,000 0.0% $37 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $80,000 +220.0% $37 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $25,000 0.0% $11 / Sq Ft
03/07/2018 03/07/18 Sold $25,000 -- $11 / 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 $2,460 $113,000 $2,400 $110,600
2023 $2,460 $88,000 $2,400 $85,600
2022 $1,731 $80,000 $2,400 $77,600
2021 $1,128 $28,600 $2,400 $26,200
2020 $1,104 $28,600 $2,400 $26,200
2019 $247 $28,600 $2,400 $26,200
2018 $798 $28,600 $2,400 $26,200
2017 $795 $28,600 $2,400 $26,200
2016 $770 $28,600 $2,400 $26,200
2015 -- $28,600 $2,400 $26,200
2014 -- $28,600 $2,400 $26,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1452166

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-063-0002-024-000