228 Terrace Ave
Lakewood, NY 14750
2 bd 2 ba 985 sqft Built 1930 Lot 3,019 sqft single_family
Most recent sale
$114,900
Dec 31, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 31, 2021 | Sold | $114,900 | MLS #R1308526 |
| Aug 27, 2018 | Sold | $47,000 | MLS #1044264 |
| Jun 9, 2018 | Price changed | $51,900 | MLS #1044264 |
| Apr 10, 2018 | Price changed | $55,900 | MLS #1044264 |
| Dec 11, 2017 | Listing removed | $59,900 | Chautauqua-Cattaraugus |
| Oct 14, 2017 | Listed | $59,900 | MLS #1044264 |
| Oct 13, 2017 | Listed | $59,900 | MLS #1044264 |
| Sep 24, 2017 | Listing removed | $59,900 | Chautauqua-Cattaraugus |
| Aug 1, 2017 | Price changed | $59,900 | MLS #1042493 |
| Jun 23, 2017 | Listing removed | $69,900 | NYStateAlliance |
| Jun 18, 2017 | Price changed | $64,900 | MLS #1042493 |
| Apr 29, 2017 | Price changed | $69,900 | MLS #B1036665 |
| Apr 28, 2017 | Price changed | $69,900 | MLS #1042493 |
| Apr 8, 2017 | Listed | $69,900 | MLS #B1036665 |
| Mar 26, 2017 | Listed | $72,900 | MLS #1042493 |
| May 23, 2005 | Sold | $45,000 | Public Record |
| Nov 30, 2004 | Sold | $35,000 | Public Record |
| Feb 26, 1999 | Sold | $28,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $120,000 | $8,000 | $128,000 | $3,145 |
| 2024 | $63,300 | $3,700 | $67,000 | $2,830 |
| 2023 | $63,300 | $3,700 | $67,000 | $2,748 |
| 2022 | $43,300 | $3,700 | $47,000 | $2,276 |
| 2021 | $43,300 | $3,700 | $47,000 | $1,821 |
| 2020 | $43,300 | $3,700 | $47,000 | $1,795 |
| 2019 | $43,300 | $3,700 | $47,000 | $1,754 |
| 2017 | $44,800 | $3,700 | $48,500 | $1,797 |
| 2016 | $44,800 | $3,700 | $48,500 | $1,783 |
| 2015 | $44,800 | $3,700 | $48,500 | $1,805 |
| 2014 | $44,800 | $3,700 | $48,500 | $1,823 |
| 2013 | $39,900 | $5,100 | $45,000 | $1,707 |
| 2012 | $39,900 | $5,100 | $45,000 | $1,672 |
| 2011 | $39,900 | $5,100 | $45,000 | $1,659 |
| 2010 | $39,900 | $5,100 | $45,000 | $1,636 |
| 2009 | $39,900 | $5,100 | $45,000 | $1,665 |
| 2008 | $39,900 | $5,100 | $45,000 | $1,431 |
| 2007 | $39,900 | $5,100 | $45,000 | $1,430 |
Property facts
Year built
1930
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
985 sqft
Lot size
3,019 sqft
ZIP code
14750
City
Lakewood
Street
Terrace Ave
Coordinates
42.10384, -79.30747
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
$689
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 228 Terrace Ave last sell?
228 Terrace Ave most recently sold on Dec 31, 2021 for $114,900.
What is the current tax assessment for 228 Terrace Ave?
The most recent total assessment for 228 Terrace Ave (year 2025) is $128,000 with $3,145 in property tax.
How does 228 Terrace Ave's assessment compare to its last sale price?
The current assessment is 11.4% above the last sale price of $114,900.
When was 228 Terrace Ave built?
228 Terrace Ave was built in 1930.
How does 228 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 228 Terrace Ave?
228 Terrace Ave is a 2 bed, 2 bath, 985 sqft, 3,019 sqft lot single_family.
Is 228 Terrace Ave a flip candidate?
No — 228 Terrace Ave does not appear in our flips dataset.
Is 228 Terrace Ave a tax-appeal candidate?
No — 228 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