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512 Locust Street

512 Locust Street, Lockport, NY 14094
Property in Lockport
Sold Jun 08, 2007
$116,000
$114,999 by Hsbc Mortgage Corporation Usa
Mortgage Due Jul 01, 2037
Local assessors in Lockport, NY have categorized 512 Locust Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 10,890 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 512 Locust Street has a total of 1,878 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 512 Locust Street sold most recently in Jun 8, 2007 for a total of $116,000. If you work out the math, that's approximately a cost of $61.77 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,318 in taxes each year. 512 Locust Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $180,000. If we break it down further, the land itself was valued at $21,200. Improvements to the property, however, were assessed at a total of $158,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,878
  • Building Area: 1,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,878
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORNER SARGENT DR

Ownership

  • Current Owner : SADLER MICHAEL
  • Previous Owner : LEWIS LOUAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lockport City School District
  • School Tax School District: LOCKPORT
  • Census Tract: 023901

Zoning

  • Zoning: R1

Geography

  • Account Number: 4-3985.000
  • District: 290900
  • Section: 123.06
  • Parcel: 290900 123.06-2-47
  • Block: 2
  • Lot: 47.000
  • Municipality: LOCKPORT
  • Latitude: 43.1563
  • Longitude: -78.6863

    Address

  • Full Address: 512 Locust St
  • Address - House Number: 512
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: NY
  • City Name: Lockport
  • Carrier Code: C019
  • 4-Digit Zip Code: 5653
  • Zip Code: 14094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,318
  • Tax Rate Code Area: 290900

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 60
  • Final Value: 220,017
  • High Value: 280,482
  • Low Value: 159,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,999
  • First Open Lien Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • First Open Lien Mortgage Recording Date: Jun 08, 2007
  • First Open Lien Mortgage Loan Amount: $114,999
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2037

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $21,200
  • Market Improvement Value: $158,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,000
  • Assessed Land Value: $21,200
  • Assessed Improvements Value: $158,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2007
  • Current Sale Recording Date: Jun 08, 2007
  • Current Sale Transaction ID: 1106699668
  • Current Sale Price: $116,000
  • Current Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • First Mortgage Transaction Date: Jun 08, 2007
  • First Mortgage Loan Amount: $114,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2037

About Lockport



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 512 Locust Street located in?
The 512 Locust Street is a located in the neighborhood of Lockport in Lockport, Lockport.
What is the average sales price for listings in 512 Locust Street?
The average sales price for units in 512 Locust Street is $0 currently.

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