NOT LISTED FOR SALE

Estimated Value: $574,000

0.24 Acre
$2,437,367 Price per Acre
10,260 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $70,000

Est. 720% increase in value since last sale

Current estimated payment $3,208/month

55 Days on Market

Highlights

  • Beach Access
  • Views
  • The river is a source of water for the property
  • Stream or River on Lot
  • Home fronts a stream
  • 4-minute walk to Jayne Park

About This Lot

As of October 2021

Seller will entertain Offers Between $425,000 - $445,000.00. Waterfront ON CAYUGA ISLAND! *PRICE LISTED HERE IS FOR BOTH PARCELS** LOT (INCLUDES BOATHOUSE), AND 1832 SF RANCH HOME AT 16 COUNCIL * See LISTING FOR B1347593. Two seperate SBL #s. THIS IS A VERY RARE OPPORTUNITY TO OWN YOUR SLICE OF WATERFRONT HEAVEN. Together with the home you will have a total of 115 ft. of water frontage , sitting pretty on Niagara's "little river" . This boathouse will hold up to 24' boat, lift for seasonal useage, pump to use river water to clean your boat , divit to lift small water craft, and attached shed to store additional items. has a stand alone electric box, metal roof and and did we mention a huge buildable lot. ** BOAT IS NOT INCLUDED IN SALE**

Last Agent to Sell the Property

Shari Velky-Placek

Listing by No Office Affiliation License #40VE1079366 Listed on: 06/27/2021

No Office Affiliation

Last Buyer's Agent

Matthew Kennedy

Listing by Keller Williams Realty WNY License #10301223081

Keller Williams Realty WNY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,860

Lot Details

  • 10,260 Sq Ft Lot
  • Lot Dimensions are 60x171
  • Home fronts a stream
  • Rectangular Lot
  • Level Lot

Outdoor Features

  • Beach Access
  • River Access
  • Canal Access
  • Stream or River on Lot

Utilities

  • The river is a source of water for the property
  • The lake is a source of water for the property
  • Sewer Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 291100-161-018-0001-049-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,860

Lot Details

0

Listing Details

  • Topography: Level
  • Development Status: Other, See Remarks
  • Property Sub Type: Residential
  • Property Type: Land
  • Lot Features: Rectangular, Views, Level, Other, Stream/Creek, See Remarks
  • Road Frontage Type: City Street
  • Water Body Name: Niagara River
  • Directions: Buffalo Avenue to cayuga island bridge, left on Griffon/ JOliet to the end of the street. right on Council, sign in place.
  • Property Sub Type Additional: Residential
  • Special Features: None

Interior Features

  • Possible Use: Other

Exterior Features

  • Acres: 0.2355
  • View: Yes
  • Waterfront Features: Beach Access, River Access, Stream, Canal Access, See Remarks, Water Access
  • Waterfront: Yes
  • Disclosures: Flood Plain Disclosure

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Utilities: Electricity Available, Water Available, Sewer Not Available
  • Water Source: Lake, River

Schools

  • Junior High Dist: Niagara Falls

Lot Info

  • Parcel Number: 291100-161-018-0001-049-000
  • Lot Dimensions: 60X171
  • Lot Size Sq Ft: 10260.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 1 Unit
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1860.0
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Sep 30, 2021
Sold by
Shirley J Smith-Masters Irrevocable Trus and Smith David Shaun
Bought by
Faltyn Paul D and Faltyn Sandra M
Seller's Agent
Shari Velky-Placek
No Office Affiliation
Buyer's Agent
Matthew Kennedy
Keller Williams Realty WNY
List Price
$445,000
Sold Price
$70,000
Premium/Discount to List
-$375,000
-84.27%
Current Estimated Value
$574,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,000
Avg. Annual Appreciation
65.25%
Original Mortgage
$200,000
Outstanding Balance
$183,957
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$305,043
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Faltyn Paul D $430,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faltyn Paul D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $70,000 -83.5% --
08/21/2021 08/21/21 Pending -- -- --
07/12/2021 07/12/21 Price Changed $425,000 -4.5% --
06/27/2021 06/27/21 For Sale $445,000 -- --
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 $777 $26,500 $19,500 $7,000
2023 $777 $26,500 $19,500 $7,000
2022 $775 $26,500 $19,500 $7,000
2021 $514 $26,500 $19,500 $7,000
2020 $514 $26,500 $19,500 $7,000
2019 $494 $26,500 $19,500 $7,000
2018 $761 $26,500 $19,500 $7,000
2017 $494 $26,500 $19,500 $7,000
2016 $933 $26,500 $19,500 $7,000
2015 -- $26,500 $19,500 $7,000
2014 -- $26,500 $19,500 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1347595

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-161-018-0001-049-000