See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3 Oakwood Ave, Lancaster, NY, 14086

2beds
1baths
1,465sqft
$108,000
$74price/sqft
$976/moest. monthly cost
$39,040/yrincome needed

About This Home

3 Oakwood Ave Lancaster offers a great location on a dead end road near the village. Vinyl sided with a fantastic porch to sit & relax. Ideal for the person who does not like to do yard work, as there is virtually no yard to maintain. Inside this house is ready to be finished and the design is the only limited to your imagination. The seller has invest al most $20k into demo work to get to this point. Unfortunately, life got in the way & it cannot be finished. Its your opportunity to make this house a home. Ideal for flippers or investors looking for short or long term rentals. Great for those who want to put in the sweat equity and get a home for an affordable price.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

8/10
4/10
Lancaster Middle SchoolGrades 7-80.1 mi
10/10
Lancaster High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Foundation: Other,See Remarks
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Eat-in Kitchen,Other,See Remarks
  • Flooring: Hardwood,Varies

Heating & Cooling

  • Heating features: Electric,Gas,Other,See Remarks
  • Cooling features: Other,See Remarks

Interior Area

  • Total structure area: 1,465
  • Total interior livable area: 1,465 sqft

Property

Details

  • Parcel number: 1452031152600004004000
  • Special condition: Standard

Features

  • Exterior features: See Remarks

Lot

  • Lot size: 1,807 sqft
  • Features: Other,Rectangular,Rectangular Lot,See Remarks
  • Lot size dimensions: 58 x 31

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Erie County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $546$6,552
Home Insurance *$30$360
Property Taxes $154$1,848
Electricity $246$2,954
Total$976$11,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,462/yr
40% on housing$29,280/yr
45% on housing$26,026/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$74This listing

vs Other Active Listings

Avg $/sqft

ZIP 14086$229
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14086$227
Erie County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$108,000
2025-08-08Listing removed$128,000
2025-07-01Price change$128,000
2025-06-17Price change$129,000
2025-06-10Price change$134,000
2025-05-15Price change$134,900
2025-04-24Listed for sale$138,000
2024-11-25Sold$99,000
2024-10-18Pending sale$99,900
2024-10-10Listed for sale$99,900
2024-10-04Sold$65,000
2001-01-03Sold$49,000
1997-09-10Sold$57,000

For Sale by Agent

AgentMatthew Foss
BrokerageTrank Real Estate

Similar Homes