NOT LISTED FOR SALE

5817 Transit Rd East Amherst, NY 14051

Estimated Value: $927,000

3.98 Acres
$232,915 Price per Acre
173,369 Sq Ft Lot

Last Sold June 12, 2014

Last sale price $1,000,000 $390 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,841/month

87 Days on Market

Highlights

  • 3.98 Acre Lot
  • Pole Barn
  • Level Lot
  • Country Parkway Elementary School Rated A

About This Lot

As of June 2014

TERRIFIC TRAFFIC COUNTS AND EXCEPTIONAL VISIBILITY MAKE THIS ONE OF THE BEST LOCATIONS LEFT ON HOT TRANSIT RE./RETAIL STRIP. EXCELLENT GRADE ELEVATION. BUILDINGS ON REAR OF PROPERTY ARE INIGNIFICENT TO VALUE.

Last Agent to Sell the Property

Clayton Ertel

Listing by Howard Hanna WNY Inc. License #30ER0055340 Listed on: 08/01/2011

Howard Hanna WNY Inc.

Last Buyer's Agent

Robert Nuchereno

Listing by Arista Real Estate License #35NU0673872

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,537

Lot Details

  • 3.98 Acre Lot
  • Lot Dimensions are 476 x 364
  • Property fronts a state road
  • Level Lot

Interior Spaces

  • 2,562 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pole Barn

Utilities

  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,537

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Clarence-143200
  • Total Assessed Value: 275000
  • Buildings Structures: Barn - Pole
  • Development Status: Raw Land
  • Improvements: Paved Street
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 476
  • Lot Dimension Front: 364
  • Lot Information: Commercial Zoning
  • L P Per Acre: 301507.5377
  • List Price per Sq Ft: 468.3840
  • Nearest Cross Street: HUNT CLUB CIRCLE
  • Number of Stories: 1.5000
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 251256.28
  • Ratio Close Price By Sq Ft: 390.32
  • Ratio List Price By Acres: 301507.54
  • Ratio List Price By Sq Ft: 468.38
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 2527
  • Soil: Loam
  • Sale Price List Price: 0.8333
  • S P Per Acre: 251256.2814
  • S P Per Sq Ft: 390.3200
  • Sub Board Code: Buffalo
  • Type: Commercial
  • Type of Sale: Normal
  • Value Range Search Low Price: 1200000.00
  • Directions To Property: TRANSIT ROAD BETWEEN HUNT CLUB & HIGHLAND FARMS
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2562

Exterior Features

  • Frontage Road: State
  • Number of Acres: 3.9800

Garage/Parking

  • Driveway Description: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Utilities Available: Cable, Electric, Gas, Sanitary Sewer, Telephone, Water
  • Utilities On-site: Cable, Electric, Gas, Sanitary Sewer, Telephone On Site, Water
  • Waste Disposal: Sewer Connected
  • Water Heater Fuel: Gas
  • Water Supply: Public

Schools

  • School District: Williamsville

Lot Info

  • Parcel Number: 000

Tax Info

  • Total Taxes: 4537

MLS Schools

  • School District Name: Williamsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2011
Closed on
May 16, 2014
Sold by
The Spoth Family Llc
Bought by
5817 Transit Llc
Seller's Agent
Clayton Ertel
Howard Hanna WNY Inc.
Buyer's Agent
Robert Nuchereno
Arista Real Estate
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Current Estimated Value
$927,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,000

Purchase Details

Closed on
Dec 17, 1998
Sold by
Spoth Edward M and Spoth Ruth E
Bought by
Nys Dot

Purchase Details

Closed on
Mar 10, 1995
Sold by
National Gypsum Company
Bought by
Spoth Edward M and Spoth Ruth E

Purchase Details

Closed on
Mar 8, 1995
Sold by
Spoth Edward M Spoth Ruth E
Bought by
Kieffer Bernard G and Spalla Charles R
Source: Public Records

Range of Values:

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Average Value
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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
5817 Transit Llc $100,000 None Available
5817 Transit Llc $100,000 None Available
Nys Dot $33,625 --
Nys Dot $33,625 --
Spoth Edward M $17,100 --
Spoth Edward M $17,100 --
Kieffer Bernard G $450,240 --
Kieffer Bernard G $450,240 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2014 06/12/14 Sold $1,000,000 -16.7% $390 / Sq Ft
10/27/2011 10/27/11 Pending -- -- --
08/01/2011 08/01/11 For Sale $1,200,000 -- $468 / 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 -- $4,700,000 $1,037,500 $3,662,500
2023 $83,335 $3,810,000 $1,040,000 $2,770,000
2022 $82,452 $3,810,000 $1,040,000 $2,770,000
2021 $87,472 $3,810,000 $1,040,000 $2,770,000
2020 $88,950 $3,500,000 $1,040,000 $2,460,000
2019 $65,172 $3,500,000 $1,040,000 $2,460,000
2018 $87,240 $3,500,000 $1,040,000 $2,460,000
2017 $8,584 $3,240,000 $960,000 $2,280,000
2016 $84,352 $3,240,000 $960,000 $2,280,000
2015 -- $960,000 $960,000 $0
2014 -- $275,000 $250,000 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B391582

Western New York Real Estate Information Services (WNYREIS)

APN: 143200-057-050-0005-007-111