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501 Lake Avenue, Lancaster, NY 14086 Property Information

501 Lake Avenue, Lancaster, NY 14086 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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501 Lake Avenue, Lancaster, NY 14086
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Address

Primary address 501 Lake Avenue, Lancaster
Zip code 14086
County Erie
Municipality Lancaster
Parcel ID 126.80-1-5

Sales & Tax Overview for 501 Lake Avenue, Lancaster

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

Sale date 11/26/2004
Sale price $120,000
Arm's length
Property tax $4,804

Lot & Building Information for 501 Lake Avenue, Lancaster

Building sqft 2,392
Building class Two Family Year-Round Residence (220)
Acreage 0.76
Lot dimensions 95 ft X 350 ft
Frontage 95
Depth 350
Year built 1951
Stories 2
Units 2
Bedrooms 6
Bathrooms 2
Kitchen 2
Water supply Comm/public
Sewer type Private
Building style Colonial
Condition Normal
Basement type Full
Exterior wall material Alum/vinyl
Heat Hot air
Fuel Gas
First story sqft
Second story sqft
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


School district Lancaster

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Other Property Data for 501 Lake Avenue, Lancaster

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About 501 Lake Avenue, Lancaster

What is the year built & the total sq. ft. for 501 Lake Avenue, Lancaster, NY 14086?

501 Lake Avenue, Lancaster, NY 14086 was built in 1951 and has a total of 2,392 square feet.

What is the assessed value of 501 Lake Avenue, Lancaster, NY 14086 and the property tax paid?

Assessed at $230,000, the tax amount paid for 501 Lake Avenue, Lancaster, NY 14086 is $4,803.

When was 501 Lake Avenue, Lancaster, NY 14086 last sold and what was the last sale price?

501 Lake Avenue, Lancaster, NY 14086 was last sold in 11/26/2004 for $120,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 501 Lake Avenue, Lancaster

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Purchase date Purchase price Buyer name Seller name
11/26/2004 $120,000

Title Documents for 501 Lake Avenue, Lancaster

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Date Type Amount Party 1 Party 2 Doc image
11/26/2004 - D
11/26/2004 - R
Deed
           
           
           
           
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R: Recorded date
D: Document date

Property Taxes for 501 Lake Avenue, Lancaster

Access detailed property tax data for 501 Lake Avenue, Lancaster, NY 14086. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2025-2026
Property tax $4,804
Market value $359,375
Assessed value $230,000

Assessment History for 501 Lake Avenue, Lancaster

Here's the assessment & property tax history for 501 Lake Avenue, Lancaster, 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 $319,400 $230,000 20.8856 $4,804 +7.16%
2024 $306,700 $230,000 19.49 $4,483 -12.72%
2023 $264,400 $230,000 22.33 $5,136 -10.36%
2022 $230,000 $230,000 24.91 $5,729 -1.15%
2021 $230,000 $230,000 25.2 $5,796 +53.88%

Permits for 501 Lake Avenue, Lancaster

The complete history of permits filed for 501 Lake Avenue, Lancaster, 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

Create a free account to unlock extended information for 501 Lake Avenue, Lancaster, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) 0.2, X (See more on map)

Transportation

Access the detailed traffic volume map for 501 Lake Avenue, Lancaster to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
William Street School 5 Public 4-6 1,293 0.76
Como Park Elementary School 6 Public K-3 381 1.24
Cayuga Heights Elementary School 5 Public PK, K-5 864 1.81
Cayuga Heights Elementary School 5 Public PK, K-5 864 1.81
Court Street Elementary School 5 Public K-3 297 1.92

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Lancaster Middle School 4 Public 7-8 873 1.46
St. Marys Elementary School NR Private PK-8 189 2.01
Depew Middle School 4 Public 6-8 427 2.01
Our Lady Of Pompeii School NR Private K-8 86 2.36
St. James Elementary School NR Private PK, K-8 0 2.42

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Depew High School 7 Public 9-12 545 2.01
God's New Covenant Academy NR Private 11-12 0 2.32
St Marys High School NR Private 9-12 407 2.35
Lancaster High School 10 Public 9-12 1,652 3.88
Iroquois Senior High School 8 Public 9-12 663 4.21

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

Neighbors for 501 Lake Avenue, Lancaster

Here are the neighbors for 501 Lake Avenue, Lancaster.

Address Square feet Purchase date Purchase price
1 Joseph Dr, Lancaster 2,007 11/20/2013 $283,000
541 Lake Ave, Lancaster 1,366 04/30/2021 $250,000
3 Joseph Dr, Lancaster 2,257 05/27/2015 $46,000
525 Lake Ave, Lancaster 1,518
31 Ann Marie Dr, Lancaster 2,105 02/11/2021 $60,000
7 Joseph Dr, Lancaster 2,579 06/07/2006 $46,000
517 Lake Ave, Lancaster 1,464 01/12/2022 $1
545 Lake Ave, Lancaster 2,010 06/17/2022 $1
5 Joseph Dr, Lancaster 2,845 04/04/2008 $46,000
503 Lake Ave, Lancaster 1,380
515 Lake Ave, Lancaster 960 04/16/2015 $1
529 Lake Ave, Lancaster 1,196
533 Lake Ave, Lancaster 1,148 02/01/2006 $103,000
25 Hampton CT, Lancaster 2,178 06/07/1994 $150,000
549 Lake Ave, Lancaster 1,350 06/13/2016 $195,000
547 Lake Ave, Lancaster 1,504 09/25/2023 $1
33 Ann Marie Dr, Lancaster 2,246 06/29/2007 $36,000
35 Ann Marie Dr, Lancaster 2,052 02/15/2006 $203,444
37 Ann Marie Dr, Lancaster 1,912 11/28/2017 $280,342
9 Joseph Dr, Lancaster 2,893 11/11/2015 $335,000

Nearby ZIP Codes for 501 Lake Avenue, Lancaster

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