224 Terrace Ave
Lakewood, NY 14750
3 bd 2 ba 983 sqft Built 1945 Lot 4,251 sqft single_family
Most recent sale
$154,500
Mar 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 10, 2022 | Sold | $154,500 | MLS #R1378194 |
| Apr 14, 2020 | Sold | $89,900 | MLS #R1255655 |
| Jan 19, 2013 | Listing removed | $89,900 | Chautauqua-Cattaraugus |
| Jan 16, 2013 | Sold | $84,975 | Public Record |
| Aug 6, 2012 | Listed | $89,900 | MLS #1030400 |
| Oct 12, 2007 | Sold | $69,900 | Public Record |
| Mar 18, 2003 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $137,500 | $9,700 | $147,200 | $3,696 |
| 2024 | $80,475 | $4,500 | $84,975 | $3,589 |
| 2023 | $80,475 | $4,500 | $84,975 | $3,485 |
| 2022 | $80,475 | $4,500 | $84,975 | $3,340 |
| 2021 | $80,475 | $4,500 | $84,975 | $3,293 |
| 2020 | $80,475 | $4,500 | $84,975 | $4,054 |
| 2019 | $80,475 | $4,500 | $84,975 | $3,539 |
| 2017 | $80,475 | $4,500 | $84,975 | $3,537 |
| 2016 | $80,475 | $4,500 | $84,975 | $3,514 |
| 2015 | $80,475 | $4,500 | $84,975 | $3,163 |
| 2014 | $80,475 | $4,500 | $84,975 | $3,168 |
| 2013 | $69,100 | $6,300 | $75,400 | $2,861 |
| 2012 | $69,100 | $6,300 | $75,400 | $2,801 |
| 2011 | $69,100 | $6,300 | $75,400 | $2,779 |
| 2010 | $69,100 | $6,300 | $75,400 | $2,650 |
| 2009 | $63,600 | $6,300 | $69,900 | $2,099 |
| 2008 | $35,700 | $6,300 | $42,000 | $1,335 |
| 2007 | $35,700 | $6,300 | $42,000 | $1,335 |
Property facts
Year built
1945
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
983 sqft
Lot size
4,251 sqft
ZIP code
14750
City
Lakewood
Street
Terrace Ave
Coordinates
42.10395, -79.30783
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$927
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 224 Terrace Ave last sell?
224 Terrace Ave most recently sold on Mar 10, 2022 for $154,500.
What is the current tax assessment for 224 Terrace Ave?
The most recent total assessment for 224 Terrace Ave (year 2025) is $147,200 with $3,696 in property tax.
How does 224 Terrace Ave's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $154,500.
When was 224 Terrace Ave built?
224 Terrace Ave was built in 1945.
How does 224 Terrace Ave compare to others on Terrace Ave?
We track 8 other properties on Terrace Ave. Browse the list under "Other properties on Terrace Ave" to compare beds, baths, and sale history.
What are the property facts for 224 Terrace Ave?
224 Terrace Ave is a 3 bed, 2 bath, 983 sqft, 4,251 sqft lot single_family.
Is 224 Terrace Ave a flip candidate?
Yes — 224 Terrace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 224 Terrace Ave a tax-appeal candidate?
No — 224 Terrace Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.9%
Implied 1-yr
+15.7%
2026 Q1
$300.8K
2026 Q2
$310.2K
ZIP 14750 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ave