251 Lake Ave
Lancaster, NY 14086
3 bd 2 ba 1,581 sqft Built 1944 Lot 12,502 sqft single_family
Most recent sale
$200,000
Sep 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 1, 2022 | Sold | $200,000 | MLS #B1410322 |
| Jun 17, 2022 | Price changed | $189,900 | MLS #B1410322 |
| Jun 2, 2022 | Listed | $209,900 | MLS #B1410322 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $126,900 | $44,400 | $171,300 | $5,783 |
| 2024 | $126,900 | $44,400 | $171,300 | $5,639 |
| 2023 | $129,600 | $44,400 | $174,000 | $5,232 |
| 2022 | $129,600 | $44,400 | $174,000 | $5,157 |
| 2021 | $129,600 | $44,400 | $174,000 | $4,139 |
| 2020 | $129,600 | $44,400 | $174,000 | $3,665 |
| 2019 | $85,100 | $24,900 | $110,000 | $3,916 |
| 2018 | $85,100 | $24,900 | $110,000 | $2,739 |
| 2017 | $85,100 | $24,900 | $110,000 | $2,672 |
| 2016 | $85,100 | $24,900 | $110,000 | $2,667 |
| 2015 | $85,100 | $24,900 | $110,000 | $2,670 |
| 2014 | $85,100 | $24,900 | $110,000 | $2,441 |
| 2013 | $85,100 | $24,900 | $110,000 | $4,160 |
| 2012 | $85,100 | $24,900 | $110,000 | $3,219 |
| 2011 | $85,100 | $24,900 | $110,000 | $2,079 |
| 2010 | $85,100 | $24,900 | $110,000 | $1,917 |
| 2009 | $84,000 | $18,700 | $102,700 | $2,850 |
| 2008 | $84,000 | $18,700 | $102,700 | $2,767 |
| 2007 | $84,000 | $18,700 | $102,700 | $2,766 |
| 2006 | $84,000 | $18,700 | $102,700 | $1,160 |
Property facts
Year built
1944
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,581 sqft
Lot size
12,502 sqft
ZIP code
14086
City
Lancaster
Street
Lake Ave
Coordinates
42.88874, -78.66876
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 251 Lake Ave last sell?
251 Lake Ave most recently sold on Sep 1, 2022 for $200,000.
What is the current tax assessment for 251 Lake Ave?
The most recent total assessment for 251 Lake Ave (year 2025) is $171,300 with $5,783 in property tax.
How does 251 Lake Ave's assessment compare to its last sale price?
The current assessment is 14.4% below the last sale price of $200,000.
When was 251 Lake Ave built?
251 Lake Ave was built in 1944.
How does 251 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 251 Lake Ave?
251 Lake Ave is a 3 bed, 2 bath, 1,581 sqft, 12,502 sqft lot single_family.
Is 251 Lake Ave a flip candidate?
No — 251 Lake Ave does not appear in our flips dataset.
Is 251 Lake Ave a tax-appeal candidate?
No — 251 Lake 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
+1.8%
Implied 1-yr
+7.3%
2026 Q3
$391.9K
2026 Q4
$398.3K
ZIP 14086 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave