NOT LISTED FOR SALE

87 Locust St Lockport, NY 14094

Estimated Value: $41,150 - $126,000

3 Beds
3 Baths
2,208 Sq Ft
$32/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $33,000 $15 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $509/month

8 Days on Market

Highlights

  • Full Attic
  • Property is near a bus stop
  • Heating System Uses Gas
  • Forced Air Cooling System

About This Home

As of June 2023

Calling all fixer uppers & flippers. Great opportunity with these two or three units. Featuring new roof, and electric. Number of the rooms is approximate. Make an offer and take advantage of low inventory. Selling AS-IS, cash only. Bring the flashlight and use caution when walking the property.

Last Agent to Sell the Property

Marina Kats

Listing by CAAAP Realty License #10301220934 Listed on: 02/19/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 99 x 31

Parking

  • On-Street Parking

Interior Spaces

  • 2,208 Sq Ft Home
  • 2.5-Story Property
  • Partial Basement
  • Full Attic

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 290900-109-063-0002-013-000

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Lockport-City-290900
  • Total Assessed Value: 32800
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 99
  • Lot Dimension Front: 31
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 13
  • Nearest Cross Street: Walnut
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 471428.57
  • Ratio Close Price By Sq Ft: 14.95
  • Ratio List Price By Acres: 427142.86
  • Ratio List Price By Sq Ft: 13.54
  • Regional Board Code: Buffalo
  • School Tax: 984
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3049
  • Age of Building: 143
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 2208
  • Directions To Property: Walnut to Locust.
  • Sq Ft Total Pub: 2208
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1880

Interior Features

  • Attic Description: Full
  • Basement Description: Partial
  • Total Sq Ft: 2208

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0700

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Lockport

Lot Info

  • Parcel Number: 290900-109-063-0002-013-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1887

MLS Schools

  • School District Name: Lockport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2023
Closed on
May 16, 2023
Sold by
Islam Mohammed S
Bought by
Ab 87 Locust Llc
Seller's Agent
Marina Kats
CAAAP Realty
List Price
$29,900
Sold Price
$33,000
Premium/Discount to List
$3,100
10.37%
Views
99
Current Estimated Value
$71,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,288
Avg. Annual Appreciation
43.25%

Purchase Details

Closed on
Aug 2, 2021
Sold by
Genlock Llc
Bought by
Islam Mohammed S and Bhuiyan Jafar Ahmed

Purchase Details

Closed on
Sep 10, 2008
Sold by
Genesis Rei Llc
Bought by
Project Danny Limited
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ab 87 Locust Llc $33,000 Stewart Title Insurance Compan
Islam Mohammed S $16,000 None Available
Project Danny Limited $60,900 Christopher Mikienis
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $33,000 +10.4% $15 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/19/2023 02/19/23 For Sale $29,900 -- $14 / 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 $1,457 $38,000 $2,700 $35,300
2023 $1,457 $36,000 $2,700 $33,300
2022 $864 $30,000 $2,700 $27,300
2021 $1,293 $32,800 $2,800 $30,000
2020 $1,266 $32,800 $2,800 $30,000
2019 $284 $32,800 $2,800 $30,000
2018 $915 $32,800 $2,800 $30,000
2017 $912 $32,800 $2,800 $30,000
2016 $883 $32,800 $2,800 $30,000
2015 -- $32,800 $2,800 $30,000
2014 -- $32,800 $2,800 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1456168

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-063-0002-013-000