NOT LISTED FOR SALE

Estimated Value: $659,000 - $888,000

0.57 Acre
$1,312,233 Price per Acre
24,829 Sq Ft Lot

Last Sold April 15, 2020

Last sale price $127,000 $5 Per Sq Ft

Est. 489% increase in value since last sale

Current estimated payment $5,207/month

32 Days on Market

Highlights

  • Creek On Lot
  • Maple East Elementary School Rated A
  • Level Lot

About This Lot

As of April 2020

Existing residential lot in beautiful Chapel Woods subdivision. 52 Crown Point Lane was destroyed by fire in December 2019. The home will be demolished in February 2020. Perfect location for a new single-family home to be built. Walking distance to the Chapel Woods pool and tennis club. Published assessment of property based on the structure existing. Assessment will be lowered in 2020 to land value until new home is built. Lot should be leveled and clear by end of February 2020. Property will be delivered free and clear at closing. Currently there is $200,000 of recorded liens against the property. The insurance settlement is more than sufficient to clear title.

Last Agent to Sell the Property

Simon Fedak

Listing by Land Banking & Development, Inc. License #10401310698 Listed on: 01/09/2020

Co-Listed By

David Fedak

Listing by Land Banking & Development, Inc. License #10311202247

Last Buyer's Agent

Simon Fedak

Listing by Land Banking & Development, Inc. License #10401310698 Listed on: 01/09/2020

Property Details

Property Type

  • Land

Year Built

  • Built in 1973

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 178 x 139
  • Level Lot
  • Cleared Lot

Home Design

  • 24,795 Sq Ft Home

Outdoor Features

  • Creek On Lot

Schools

  • Maple East Elementary School
  • Transit Middle School
  • Williamsville East High School

Listing and Financial Details

  • Assessor Parcel Number 142289-042-190-0009-018-000

Property Details

Property Type

Land

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Williamsville Village-Amherst-142201
  • Total Assessed Value: 352000
  • Development Status: Cleared Land
  • Land Features: Creek/Stream, Pond, Water View
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 178
  • Lot Dimension Front: 139
  • Lot Information: Residential
  • Nearest Cross Street: Chapel Woods
  • Possible Uses: Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 222807.02
  • Ratio Close Price By Sq Ft: 5.12
  • Ratio List Price By Acres: 236842.11
  • Ratio List Price By Sq Ft: 5.44
  • Regional Board Code: Buffalo
  • Sub Board Code: Buffalo
  • Type: Residential
  • Type of Sale: Normal
  • Village: Williamsville-Village
  • Age of Building: 49
  • Year Built: 1973
  • Directions To Property: Klein to Chapel Woods. Chapel Woods becomes Crown Point Lane.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Sq Ft: 24795

Exterior Features

  • Frontage Road: Town
  • Number of Acres: 0.5700

Garage/Parking

  • Driveway Description: Blacktop

Utilities

  • Utilities Available: Sanitary Sewer, Storm Sewer, Water
  • Utilities On-site: Sanitary Sewer, Storm Sewer, Water
  • Waste Disposal: Sewer Existing
  • Water Supply: Public

Schools

  • School District: Williamsville
  • Elementary School: Maple East Elementary
  • Middle School: Transit Middle
  • High School: Williamsville East High

Lot Info

  • Parcel Number: 142289-042-190-0009-018-000

MLS Schools

  • Elementary School Name: Maple East Elementary
  • High School Name: Williamsville East High
  • Middle School Name: Transit Middle
  • School District Name: Williamsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2021
Sold by
Forbes Homes Inc
Bought by
Luther Jonathan D and Luther Catherine A
Current Estimated Value
$747,973

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 30, 2020
Sold by
Mack John E and Mack Gloria C
Bought by
Forbes Homes Inc and Forbes Capretto Homes
Seller's Agent
Simon Fedak
Land Banking & Development, Inc.
Buyer's Agent
Simon Fedak
Land Banking & Development, Inc.
List Price
$135,000
Sold Price
$127,000
Premium/Discount to List
-$8,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.04%
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
Luther Jonathan D $586,482 None Available
Forbes Homes Inc $127,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $127,000 -5.9% $5 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/04/2020 02/04/20 Price Changed $135,000 0.0% $5 / Sq Ft
02/04/2020 02/04/20 For Sale $135,000 +8.0% $5 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $125,000 -- $5 / 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 -- $650,000 $132,000 $518,000
2023 $14,894 $434,000 $72,000 $362,000
2022 $12,074 $434,000 $72,000 $362,000
2021 $10,219 $345,000 $72,000 $273,000
2020 $5,992 $72,000 $72,000 $0
2019 $10,712 $352,000 $72,000 $280,000
2018 $10,526 $352,000 $72,000 $280,000
2017 $3,844 $352,000 $72,000 $280,000
2016 $9,668 $291,700 $44,300 $247,400
2015 -- $291,700 $44,300 $247,400
2014 -- $291,700 $44,300 $247,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1245394

Western New York Real Estate Information Services (WNYREIS)

APN: 142289-042-190-0009-018-000