$115,000
SOLD MAR 17, 2025

5990 Chestnut Rd Unit LOT 1 Newfane, NY 14108

13 Acres
$9,200 Price per Acre
544,500 Sq Ft Lot

Recently Sold

17% Below List Price

167 Days on Market

Highlights

  • Home fronts a pond
  • Wooded Lot
  • Agricultural
  • 12.5 Acre Lot
  • Views
  • Rectangular Lot

About This Lot

As of March 2025

Wonderful Opportunity! 12.2 Acres with two gorgeous ponds. Exceptional Land on which to build your dream home or simply to relax, fish, hunt. This parcel (Lot 1) 550 feet street frontage by 988 ft deep) is to be severed from larger parcel. This scenic land is adjacent to the home at 5948 Chestnut on 3.86 acres (See MLS Listing B1552017.) If bought together, would create a 16 acre homestead to enjoy as is or to add other structures. Zoned Residential/Agricultural. Municipal Water is at street; Septic & Propane would be needed. Taxes on this parcel have not yet been determined. Please do not walk the land without an appointment.

Last Agent to Sell the Property

Barry Muskat

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-982-5300 License #10401304260 Listed on: 07/15/2024

HUNT Real Estate Corporation

Co-Listed By

Kathleen Dimillo

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-982-5300 License #40DI1122430

Last Buyer's Agent

Alexander Nemeth

Listing by HUNT Real Estate Corporation License #10401351227

HUNT Real Estate Corporation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,307

Lot Details

  • 12.5 Acre Lot
  • Lot Dimensions are 550x988
  • Home fronts a pond
  • Rectangular Lot
  • Wooded Lot

Parking

  • Dirt Driveway

Schools

  • Newfane Middle School
  • Newfane Senior High School

Additional Features

  • Agricultural
  • Septic Needed
  • Property Views

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 292800-066-000-0001-018-211

Property Details

Property Type

Land

Est. Annual Taxes

$2,307

Lot Details

0

Listing Details

  • Development Status: Site Plan Approved
  • Property Sub Type: Agriculture
  • Property Type: Land
  • Unit: LOT 1
  • Attribution Contact: 716-982-5300
  • Lot Features: Rectangular, Residential Lot, Pond on Lot, Wooded
  • Road Frontage Type: Town Road
  • Water Body Name: Other
  • Co List Office Mls Id: HUNT11
  • Co List Office Phone: 716-434-6266
  • Directions: Chestnut Road in Newfane between Ewing and Coomer Roads.
  • Property Sub Type Additional: Agriculture
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Agricultural, Commercial, Single Family

Exterior Features

  • Acres: 12.5
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Disclosures: Agricultural District
  • Exterior Features: Dirt Driveway

Utilities

  • Heating: Propane
  • HeatingYN: Yes
  • Utilities: Other, See Remarks, Water Available

Schools

  • Junior High Dist: Newfane
  • Ninth Grade High School: Newfane Senior High
  • Middle Or Junior School: Newfane Middle

Lot Info

  • Parcel Number: 292800-066-000-0001-018-211
  • Lot Dimensions: 550X988
  • Lot Size Sq Ft: 543565.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Feb 26, 2025
Sold by
Coulson Ronald Laverne and Coulson Joan C
Bought by
Chestnut Development Llc
Seller's Agent
Barry Muskat
HUNT Real Estate Corporation
Buyer's Agent
Alexander Nemeth
HUNT Real Estate Corporation
List Price
$139,000
Sold Price
$115,000
Premium/Discount to List
-$24,000
-17.27%
Views
72

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jan 27, 2025
Sold by
Coulson Ronald Laverne and Coulson Joan C
Bought by
Coulson Joan C and Luzader Myra Dawn
Seller's Agent
Barry Muskat
HUNT Real Estate Corporation
Buyer's Agent
Alexander Nemeth
HUNT Real Estate Corporation
List Price
$139,000
Sold Price
$115,000
Premium/Discount to List
-$24,000
-17.27%
Views
72

Purchase Details

Closed on
Dec 23, 2024
Sold by
Coulson Joan C
Bought by
Teter Timothy B

Purchase Details

Closed on
Aug 20, 2004
Sold by
Coulson Ronald L-Joan
Bought by
Peracciny John

Purchase Details

Closed on
Jan 23, 1995
Sold by
Coulson Ronald L Coulson Joan
Bought by
Smith Randy J and Smith Pamela A
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 Type Sale Price Title Company
Warranty Deed $200,000 First American Title
Warranty Deed $169,000 None Listed On Document
Warranty Deed $115,000 First American Title
Warranty Deed $77,000 First American Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $5,000 Eugene Burke
Land Contract $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $115,000 -17.3% --
12/30/2024 12/30/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $139,000 -- --
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 $2,307 $87,500 $46,800 $40,700
2023 $2,307 $87,500 $46,800 $40,700
2022 $2,307 $87,500 $46,800 $40,700
2021 $2,307 $87,500 $46,800 $40,700
2020 $2,307 $87,500 $46,800 $40,700
2019 -- $87,500 $46,800 $40,700
2018 -- $86,300 $45,600 $40,700
2017 -- $86,300 $45,600 $40,700
2016 $2,307 $86,300 $45,600 $40,700
2015 -- $86,300 $45,600 $40,700
2014 -- $86,300 $45,600 $40,700
Source: Public Records

Agents Affiliated with this Home

  • Barry Muskat

    Seller's Agent in 2025

    Barry Muskat

    Hunt Real Estate

    (716) 982-5300

    5 in this area

    64 Total Sales

    Section Image
  • Kathleen Dimillo

    Seller Co-Listing Agent in 2025

    Kathleen Dimillo

    Hunt Real Estate

    (716) 622-0530

    33 in this area

    351 Total Sales

    Section Image

  • A

    Buyer's Agent in 2025

    Alexander Nemeth

    Hunt Real Estate

    (716) 909-8100

    4 in this area

    47 Total Sales

    Section Image
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Map

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

MLS Number: B1552019

Western New York Real Estate Information Services (WNYREIS)

APN: 292800-066-000-0001-018-211

New York Niagara County Newfane 14108

5990 Chestnut Rd Unit LOT 1, Newfane, NY

This home is located at 5990 Chestnut Rd Unit LOT 1, Newfane, NY 14108 and is currently priced at $115,000. 5990 Chestnut Rd Unit LOT 1 is a home located in Niagara County with nearby schools including Newfane Elementary School, Newfane Middle School, and Newfane Senior High School.

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