7 Terrace Ln
Elma, NY 14059
3 bd 4 ba 3,833 sqft Built 1989 Lot 152,460 sqft single_family
Most recent sale
$518,000
Oct 19, 2012
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 4, 2022 | Sold | $709,900 | NYStateAlliance |
| Aug 23, 2022 | Listed | $749,900 | MLS #B1429339 |
| Oct 19, 2012 | Sold | $518,000 | MLS #B413765 |
| Aug 2, 2012 | Listed | $517,000 | MLS #B413765 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $18,600 | $2,900 | $21,500 | $12,363 |
| 2024 | $18,600 | $2,900 | $21,500 | $12,147 |
| 2023 | $18,600 | $2,900 | $21,500 | $12,008 |
| 2022 | $18,600 | $2,900 | $21,500 | $11,967 |
| 2021 | $18,600 | $2,900 | $21,500 | $11,628 |
| 2020 | $18,600 | $2,900 | $21,500 | $11,587 |
| 2019 | $18,600 | $2,900 | $21,500 | $11,373 |
| 2018 | $18,600 | $2,900 | $21,500 | $11,309 |
| 2017 | $18,600 | $2,900 | $21,500 | $10,925 |
| 2016 | $18,600 | $2,900 | $21,500 | $10,810 |
| 2015 | $18,600 | $2,900 | $21,500 | $10,618 |
| 2014 | $18,600 | $2,900 | $21,500 | $10,387 |
| 2013 | $13,900 | $2,900 | $16,800 | $7,917 |
| 2012 | $13,900 | $2,900 | $16,800 | $7,336 |
| 2011 | $13,900 | $2,900 | $16,800 | $7,330 |
| 2010 | $13,900 | $2,900 | $16,800 | $7,061 |
| 2009 | $13,900 | $2,900 | $16,800 | $6,755 |
| 2008 | $13,900 | $2,900 | $16,800 | $6,450 |
| 2007 | $13,900 | $2,900 | $16,800 | $6,450 |
| 2006 | $13,900 | $2,900 | $16,800 | $2,155 |
Property facts
Year built
1989
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
3,833 sqft
Lot size
152,460 sqft
ZIP code
14059
City
Elma
Street
Terrace Ln
Coordinates
42.83378, -78.59836
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 7 Terrace Ln last sell?
7 Terrace Ln most recently sold on Oct 19, 2012 for $518,000.
What is the current tax assessment for 7 Terrace Ln?
The most recent total assessment for 7 Terrace Ln (year 2025) is $21,500 with $12,363 in property tax.
How does 7 Terrace Ln's assessment compare to its last sale price?
The current assessment is 95.8% below the last sale price of $518,000.
When was 7 Terrace Ln built?
7 Terrace Ln was built in 1989.
How does 7 Terrace Ln compare to others on Terrace Ln?
We track 8 other properties on Terrace Ln. Browse the list under "Other properties on Terrace Ln" to compare beds, baths, and sale history.
What are the property facts for 7 Terrace Ln?
7 Terrace Ln is a 3 bed, 4 bath, 3,833 sqft, 152,460 sqft lot single_family.
Is 7 Terrace Ln a flip candidate?
No — 7 Terrace Ln does not appear in our flips dataset.
Is 7 Terrace Ln a tax-appeal candidate?
No — 7 Terrace Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.3%
Implied 1-yr
+25.4%
2026 Q1
$663.8K
2026 Q2
$663.8K
ZIP 14059 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ln