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8 Grace Way

Lancaster, NY 14086

3 bd 3 ba 2,479 sqft Built 1988 Lot 6,878 sqft single_family
Most recent sale
$305,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $305,000 MLS #B1371259
Aug 18, 1998 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $179,000 $70,000 $249,000 $7,158
2024 $179,000 $70,000 $249,000 $6,878
2023 $179,000 $70,000 $249,000 $6,952
2022 $179,000 $70,000 $249,000 $6,746
2021 $179,000 $70,000 $249,000 $6,681
2020 $179,000 $70,000 $249,000 $5,735
2019 $148,600 $8,400 $157,000 $5,547
2018 $148,600 $8,400 $157,000 $4,273
2017 $148,600 $8,400 $157,000 $4,204
2016 $148,600 $8,400 $157,000 $4,152
2015 $148,600 $8,400 $157,000 $4,161
2014 $148,600 $8,400 $157,000 $4,105
2013 $148,600 $8,400 $157,000 $4,996
2012 $148,600 $8,400 $157,000 $4,544
2011 $148,600 $8,400 $157,000 $4,533
2010 $148,600 $8,400 $157,000 $4,350
2009 $141,600 $8,400 $150,000 $4,354
2008 $141,600 $8,400 $150,000 $4,241
2007 $141,600 $8,400 $150,000 $4,240
2006 $141,600 $8,400 $150,000 $2,272

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,479 sqft
Lot size
6,878 sqft
ZIP code
14086
City
Lancaster
Street
Grace Way
Coordinates
42.89824, -78.64936

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,830
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8 Grace Way last sell?
8 Grace Way most recently sold on Dec 17, 2021 for $305,000.
What is the current tax assessment for 8 Grace Way?
The most recent total assessment for 8 Grace Way (year 2025) is $249,000 with $7,158 in property tax.
How does 8 Grace Way's assessment compare to its last sale price?
The current assessment is 18.4% below the last sale price of $305,000.
When was 8 Grace Way built?
8 Grace Way was built in 1988.
How does 8 Grace Way compare to others on Grace Way?
We track 4 other properties on Grace Way. Browse the list under "Other properties on Grace Way" to compare beds, baths, and sale history.
What are the property facts for 8 Grace Way?
8 Grace Way is a 3 bed, 3 bath, 2,479 sqft, 6,878 sqft lot single_family.
Is 8 Grace Way a flip candidate?
No — 8 Grace Way does not appear in our flips dataset.
Is 8 Grace Way a tax-appeal candidate?
No — 8 Grace Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.3%
2026 Q3
$391.9K
2026 Q4
$398.3K
ZIP 14086 — Median Price History + Forecast

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