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55 Lakeview Avenue

55 Lakeview Avenue, Orchard Park, NY 14127
Property in Orchard Park
Sold Apr 12, 2019
$127,900
$124,063 by Five Star Bank
Mortgage Due May 01, 2049
Sold Jan 18, 2017
$50,000
55 Lakeview Avenue in Orchard Park, NY was first built in 1942 and is 82 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 55 Lakeview Avenue has 1,136 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 8,100 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. For those who need parking, there is a attached garage. The garage is 465 sqft. There are a total of 2 available parking spaces. 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. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Apr 9, 2019 for $127,900. That's $112.59 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 2017 for $50,000. 55 Lakeview Avenue was last assessed in 2023. The total value of the property was assessed at $62,200. Specifically, the land the property is located on was valued at $3,900. While improvements on the property were assessed at a total of $58,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 465
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,136
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUFFALO HEIGHTS
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MC 86O LTS 198 & 199

Ownership

  • Current Owner : LYNCH PATRICIA A
  • Previous Owner : FUNK JONATHAN C
  • Previous Owner 2: FUNK GREGORY A
  • Owner Before Previous Owner: ZIELINSKI GALE L
  • Owner Before Previous Owner 2: THE LAST WILL AND TESTAMENT OF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Seneca Central School District
  • School Tax School District: WEST SENECA
  • Census Tract: 013701

Zoning

  • Zoning: R3

Geography

  • Account Number: 001-0457000
  • District: 146089
  • Section: 151.120
  • Parcel: 146089 151.12-6-4
  • Block: 6
  • Lot: 4.000
  • Municipality: ORCHARD PARK (TOV)
  • Latitude: 42.8007
  • Longitude: -78.7951

    Address

  • Full Address: 55 Lakeview Ave
  • Address - House Number: 55
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Orchard Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 1052
  • Zip Code: 14127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 146801

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 215,296
  • High Value: 271,449
  • Low Value: 159,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,063
  • First Open Lien Mortgage Lender: FIVE STAR BANK
  • First Open Lien Mortgage Recording Date: Apr 12, 2019
  • First Open Lien Mortgage Loan Amount: $124,063
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $182,900
  • Market Land Value: $11,468
  • Market Improvement Value: $171,432

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,200
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $58,300

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Transaction ID: 11605903757
  • Current Sale Price: $127,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019071570
  • Previous Sale Recording Date: Jan 18, 2017
  • Previous Sale Contract Date: Jan 18, 2017
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIVE STAR BANK
  • First Mortgage Transaction Date: Apr 12, 2019
  • First Mortgage Loan Amount: $124,063
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 55 Lakeview Avenue located in?
The 55 Lakeview Avenue is a located in the neighborhood of Orchard Park in Erie, Orchard Park.
What is the average sales price for listings in 55 Lakeview Avenue?
The average sales price for units in 55 Lakeview Avenue is $0 currently.

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