155 Lake Avenue

155 Lake Avenue in Lancaster, NY was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a commercial property type. It is a single story home. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 155 Lake Avenue was last sold in May 30, 2012 for $130,000. According to our calculations, that's $47.10 per sqft. Prior to that sales transaction, the property was sold for $110,000 in Jul 25, 2008. Current property owners are expected to pay $0 in taxes per year. The property on 155 Lake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $155,000. To break that down further, the land itself was valued at $9,800. While improvements to the property were assessed at a total of $145,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.