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71 Terrace Lane, Elma, NY 14059 Property Information

71 Terrace Lane, Elma, NY 14059 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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71 Terrace Lane, Elma, NY 14059
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Address

Primary address 71 Terrace Lane, Elma
Zip code 14059
County Erie
Municipality Elma
Parcel ID 147-1-44

Sales & Tax Overview for 71 Terrace Lane, Elma

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/26/2017
Sale price $400,200
Arm's length
Current property tax $0

Lot & Building Information for 71 Terrace Lane, Elma

Building sqft 2,362
Building class Two Family Year-Round Residence (220)
Acreage 0.82
Lot dimensions 109 ft X 328 ft
Frontage 109
Depth 328
Year built 1986
Stories 2
Units 2
Bedrooms 3
Bathrooms 3
Kitchen 2
Water supply Comm/public
Sewer type Private
Building style Contemporary
Condition Normal
Basement type Full
Exterior wall material Wood
Heat Hot air
Central air conditioning Yes
Fireplaces 2
First story sqft
Second story sqft
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


School district Iroquois

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 71 Terrace Lane, Elma

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About 71 Terrace Lane, Elma

What is the year built & the total sq. ft. for 71 Terrace Lane, Elma, NY 14059?

71 Terrace Lane, Elma, NY 14059 was built in 1986 and has a total of 2,362 square feet.

What is the assessed value of 71 Terrace Lane, Elma, NY 14059 and the property tax paid?

Assessed at $18,800, the tax amount paid for 71 Terrace Lane, Elma, NY 14059 is $9,635.

When was 71 Terrace Lane, Elma, NY 14059 last sold and what was the last sale price?

71 Terrace Lane, Elma, NY 14059 was last sold in 12/26/2017 for $400,200.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information

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Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
Research 100M+ property records powered by:
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Past Sales & Property History for 71 Terrace Lane, Elma

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Sale date Sale price Buyer name Seller name
12/26/2017 $400,200
04/13/2009 $1
07/09/2007 $365,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 71 Terrace Lane, Elma

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Date Type Amount Party 1 Party 2 Doc image
12/26/2017 - D
12/26/2017 - R
Deed
04/13/2009 - D
04/13/2009 - R
Deed
(Quit claim deed)
07/09/2007 - D
07/09/2007 - R
Deed
05/24/2002 - D
05/24/2002 - R
Deed
02/25/1999 - D
02/25/1999 - R
Deed
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R: Recorded date
D: Document date

Property Taxes for 71 Terrace Lane, Elma

Access detailed property tax data for 71 Terrace Lane, Elma, NY 14059. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2025-2026
Base tax $9,636
Current property tax $0
Market value $723,100
Assessed value $18,800

Assessment History for 71 Terrace Lane, Elma

Here's the assessment & property tax history for 71 Terrace Lane, Elma, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $696,296 $18,800 512.5379 $9,636 +3127.57%
2024 $671,429 $18,800 15.88 $299 -13.03%
2023 $583,851 $18,800 18.26 $343 -8.29%
2022 $520,776 $18,800 19.91 $374 -1.44%
2021 $512,262 $18,800 20.2 $380 -8.60%

Permits for 71 Terrace Lane, Elma

The complete history of permits filed for 71 Terrace Lane, Elma, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Risk

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FEMA flood zone(s) X (See more on map)

Transportation

Access the detailed traffic volume map for 71 Terrace Lane, Elma to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Iroquois Intermediate School 7 Public PK, 5 200 0.42
Iroquois Intermediate School 7 Public PK, 5 200 0.42
Annunciation School NR Private PK, K-8 128 1.76
Annunciation School NR Private PK, K-8 128 1.76
Marilla Primary School 7 Public K-4 230 2.44

Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Iroquois Middle School 5 Public 6-8 450 0.42
Annunciation School NR Private PK, K-8 128 1.76
St Vincent De Paul Elementary School NR Private K-8 166 4.32
East Aurora Middle School 7 Public 5-8 520 4.45
Immaculate Conception School NR Private K-8 165 4.59

Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Iroquois Senior High School 8 Public 9-12 663 0.42
Depew High School 7 Public 9-12 545 6.64
West Seneca East Senior High School 7 Public 9-12 811 6.67
St Marys High School NR Private 9-12 407 6.73
Western Psychiatric Center NR Public 4, 6-12 32 6.81

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 71 Terrace Lane, Elma

Here are the neighbors for 71 Terrace Lane, Elma.

Address Square feet Purchase date Purchase price
1461 W Blood Rd, East Aurora 2,311
569 Winspear Rd, Elma 2,977 03/03/2003 $45,000
1261 Jamison Rd, Elma 3,870 08/17/2005 $610,000
60000 Utility, Elma
800 N Davis Rd, Elma 3,432 06/28/2021 $425,000
1695 Bowen Rd, Elma 2,975 03/19/2001 $200,000
891 Blossom Rd, Elma 2,068
1701 Bowen Rd, Elma 2,785
931 Stolle Rd, Elma 2,015 12/09/2025 $635,000
960 W Maple CT, Elma 25,630
5990 Clinton St, Elma 2,244
555 Winspear Rd, Elma 2,930 10/24/2013 $395,000
1291 Jamison Rd, Elma 3,006 12/18/2019 $689,500
21 Caroline Ln, Elma 2,268 08/07/2002 $77,000
1430 Bullis Rd, Elma 4,416 11/30/2021 $855,000
311 Jamison Rd, Elma 2,118 01/20/2022 $325,000
531 Willardshire, Orchard Park 3,397 07/02/2019 $479,900
1230 Blossom Rd, Elma 4,980 12/21/2015 $1
980 W Maple CT, Elma 14,411 04/16/2010 $101,000
1691 Bowen Rd, Elma 2,970 10/15/2021 $575,000

Nearby ZIP Codes for 71 Terrace Lane, Elma

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