NOT LISTED FOR SALE

4972 Chestnut Rd Newfane, NY 14108

Estimated Value: $253,000 - $408,601

5.69 Acres
$58,594 Price per Acre
247,856 Sq Ft Lot

Last Sold October 08, 2020

Last sale price $42,500 $17 Per Sq Ft

Est. 684% increase in value since last sale

Current estimated payment $2,328/month

135 Days on Market

Highlights

  • 5.69 Acre Lot
  • High Speed Internet
  • Level Lot
  • Agricultural

About This Lot

As of October 2020

5.69 ACRES WITH SMALL OUTBUILDING HAS MANY POSSIBILITIES: NEW CONSTRUCTION, RECREATION, AGRICULTURE TO NAME A FEW. THIS IS A FORMER HOMESITE, DRIVEWAY ALREADY IN PLACE FOR FOR EASY ACCESS. ALL UTILITIES INCLUDING NATURAL GAS ARE ROADSIDE. SIGN IN PLACE...DRIVE BY AND CONTACT YOUR AGENT OF CHOICE.

Last Agent to Sell the Property

Louis Faery

Listing by HUNT Real Estate Corporation License #40FA1074378 Listed on: 02/26/2020

HUNT Real Estate Corporation

Last Buyer's Agent

Joseph Cali

Listing by Own Buffalo Inc. License #10401331869

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,692

Lot Details

  • 5.69 Acre Lot
  • Lot Dimensions are 511 x 484
  • Property fronts a county road
  • Rural Setting
  • Level Lot
  • Cleared Lot

Parking

  • Stone Driveway

Farming

  • Agricultural

Utilities

  • Gas Available
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 294289-065-000-0002-053-011

Community Details

Overview

  • Holland Land Companys Community
  • Holland Land Companys Subdivision

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$1,692

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Wilson-294289
  • Total Assessed Value: 29800
  • Buildings Structures: Outbuilding
  • Development Status: Cleared Land, Raw Land
  • Land Features: Clear Lot, Wet Area
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 511
  • Lot Dimension Front: 484
  • Lot Information: Residential, Rural
  • Lot Number: 53
  • Nearest Cross Street: Beebe Road
  • Possible Uses: 2nd Home Development, Agriculture, Commercial, Recreational, Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 7469.24
  • Ratio List Price By Acres: 7469.24
  • Regional Board Code: Buffalo
  • School Tax: 1258
  • Sub Board Code: Buffalo
  • Type: Agricultural, Recreation, Residential
  • Type of Sale: Normal
  • Lot Sq Ft: 247856
  • Directions To Property: Chestnut Road 1/2 mile west of Beebe Road. Sign in place.
  • Subdivision Comm Complex: Holland Land Companys
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County, Rural
  • Number of Acres: 5.6900

Garage/Parking

  • Driveway Description: Blacktop, Stone/Gravel

Utilities

  • Utilities Available: Cable, Electric, Gas, High Speed Internet, Telephone
  • Waste Disposal: Septic

Lot Info

  • Parcel Number: 294289-065-000-0002-053-011

Tax Info

  • Total Taxes: 1692

MLS Schools

  • School District Name: Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Oct 6, 2020
Sold by
Berger George R and Berger George R
Bought by
Foster Craig and Foster Rachel
Seller's Agent
Louis Faery
HUNT Real Estate Corporation
Buyer's Agent
Joseph Cali
Own Buffalo Inc.
List Price
$42,500
Sold Price
$42,500
Current Estimated Value
$333,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,900
Avg. Annual Appreciation
48.16%
Original Mortgage
$34,000
Outstanding Balance
$18,511
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$314,889

Purchase Details

Listed on
Jan 13, 2013
Closed on
May 23, 2013
Sold by
Johnson Jody L and Johnson Judith L
Bought by
Berger George R and Berger George R
Seller's Agent
Louis Faery
HUNT Real Estate Corporation
Buyer's Agent
Rob Maloney
Gurney Becker & Bourne
List Price
$25,000
Sold Price
$20,000
Premium/Discount to List
-$5,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
Dec 30, 2008
Sold by
Inman Jeffrey
Bought by
Johnson Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,767
Interest Rate
5.52%
Mortgage Type
VA

Purchase Details

Closed on
Jan 16, 2002
Sold by
Frey Alvin C
Bought by
Inman Jeffrey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foster Craig $42,500 Chicago Title Insurance Co
Berger George R $20,000 None Available
Johnson Jody $193,500 Stacy Bechakas
Inman Jeffrey $20,000 Timothy Greenan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Craig $34,000
Previous Owner Johnson Jody $202,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2020 10/08/20 Sold $42,500 0.0% $17 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $42,500 +112.5% $17 / Sq Ft
05/10/2013 05/10/13 Sold $20,000 -20.0% $8 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
01/13/2013 01/13/13 For Sale $25,000 -- $10 / 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 $7,030 $156,800 $20,200 $136,600
2023 $6,858 $156,800 $20,200 $136,600
2022 $4,720 $152,000 $20,200 $131,800
2021 $1,296 $29,800 $20,200 $9,600
2020 $1,282 $29,800 $20,200 $9,600
2019 -- $29,800 $20,200 $9,600
2018 $1,228 $29,800 $20,200 $9,600
2017 $1,204 $29,800 $20,200 $9,600
2016 $1,196 $29,800 $20,200 $9,600
2015 -- $29,800 $20,200 $9,600
2014 -- $29,800 $20,200 $9,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Louis Faery

    Hunt Real Estate

    (716) 622-9660

    50 in this area

    183 Total Sales

    Louis Faery
    Section Image

  • J

    Buyer's Agent in 2020

    Joseph Cali

    Own Buffalo Inc.

    (716) 650-4915

    26 Total Sales

    Joseph Cali
    Section Image

  • R

    Buyer's Agent in 2013

    Rob Maloney

    Gurney Becker & Bourne

    (716) 548-0681

    10 Total Sales

    Rob Maloney
    Section Image
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Map

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

MLS Number: B1253483

Western New York Real Estate Information Services (WNYREIS)

APN: 294289-065-000-0002-053-011

New York Niagara County Newfane 14108

4972 Chestnut Rd, Newfane, NY

Not Listed for Sale

Lots

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