NOT LISTED FOR SALE

17 Nicholas Ln Lancaster, NY 14086

Estimated Value: $541,000 - $686,000

0.33 Acre
$1,879,545 Price per Acre
14,166 Sq Ft Lot

Last Sold December 05, 2017

Last sale price $47,500 $21 Per Sq Ft

Est. 1,187% increase in value since last sale

Current estimated payment $4,307/month

55 Days on Market

Highlights

  • Shed
  • Landscaped
  • Level Lot
  • Lancaster High School Rated A-
  • High Speed Internet

About This Lot

As of December 2017

RARE OPPORTUNITY to build your dream home with ANY BUILDER you choose! This buildable Lancaster lot is in an established community and can fit a ranch or a two story home. Sidewalks and landscaping is already in place! There is a custom build 12’x17’ shed on the lot that can easily be moved to your desired location! Survey is available, and we have a portfolio of options that can be built on this lot! Take a drive through Nicholas Heights and check out your new neighborhood!

Last Listed By

Dana David

Listing by Howard Hanna WNY Inc. License #10401211343 Listed on: 08/03/2017

Howard Hanna WNY Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,417

Year Built

  • 2016

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 188 x 75
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Finished Lot(s)

Outdoor Features

  • Shed

Schools

  • Como Park Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

  • Gas Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 145289-115-200-0002-027-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,417

Year Built

2016

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Lancaster-145289
  • Total Assessed Value: 45000
  • Buildings Structures: Shed
  • Development Status: Cleared Land, Finished Lot(S)
  • Improvements: Curbs, Landscaped, Sidewalk
  • Land Features: Pond
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 188
  • Lot Dimension Front: 75
  • Lot Information: Residential
  • Nearest Cross Street: WILLIAM
  • Possible Uses: Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 146063.96
  • Ratio List Price By Acres: 161439.11
  • Regional Board Code: Buffalo
  • School Tax: 767
  • Sub Board Code: Buffalo
  • Type: Building Lot
  • Type of Sale: Normal
  • Lot Sq Ft: 14165
  • Directions To Property: Transit, East onto William, Right onto Nicholas Ln. Lot is on the left.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2016

Exterior Features

  • Frontage Road: Town
  • Number of Acres: 0.3252

Utilities

  • Utilities Available: Cable, Electric, Gas, High Speed Internet, Storm Sewer, Telephone, Water
  • Utilities On-site: Electric, Gas, Sanitary Sewer, Storm Sewer, Water
  • Waste Disposal: Public Storm Drain, Sewer Available
  • Water Supply: At Street

Schools

  • School District: Lancaster
  • Elementary School: Como Park Elementary
  • Middle School: Lancaster Middle
  • High School: Lancaster High

Lot Info

  • Parcel Number: 145289-115-200-0002-027-000

Tax Info

  • Total Taxes: 1417

MLS Schools

  • Elementary School Name: Como Park Elementary
  • High School Name: Lancaster High
  • Middle School Name: Lancaster Middle
  • School District Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Nov 20, 2017
Sold by
Choinski James G and Choinski Barbara A
Bought by
Palumbo Jamie M and Palumbo Amanda C
Seller's Agent
Dana David
Howard Hanna WNY Inc.
Buyer's Agent
Joseph David
Howard Hanna WNY Inc.
List Price
$52,500
Sold Price
$47,500
Premium/Discount to List
-$5,000
-9.52%
Total Days on Market
55
Current Estimated Value
$611,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,728
Avg. Annual Appreciation
40.78%

Purchase Details

Closed on
Aug 11, 2012
Sold by
Natale Building Corp
Bought by
Choinski James G James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palumbo Jamie M $47,500 Stewart Title
Palumbo Jamie M $47,500 Stewart Title
Choinski James G James G $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palumbo Jamie M $265,000
Previous Owner Choinski James G James G $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2017 12/05/17 Sold $47,500 -9.5% $21 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $52,500 -- $23 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $390,000 $100,000 $290,000
2023 $10,630 $390,000 $100,000 $290,000
2022 $10,338 $390,000 $100,000 $290,000
2021 $10,208 $390,000 $100,000 $290,000
2020 $10,564 $390,000 $100,000 $290,000
2019 $1,413 $313,000 $45,000 $268,000
2018 $4,334 $125,200 $45,000 $80,200
2017 $650 $45,000 $45,000 $0
2016 $1,421 $45,000 $45,000 $0
2015 -- $45,000 $45,000 $0
2014 -- $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1064613

Western New York Real Estate Information Services (WNYREIS)

APN: 145289-115-200-0002-027-000