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4881 Springway Lane

4881 Springway Lane, Hamburg, NY 14075
Property in Hamburg
Sold Sep 18, 2017
$170,000
$8,000 by Key Bank Na
Mortgage Due Oct 01, 2047
Sold Apr 24, 2006
$118,450
$112,500 by Hsbc Mortgage Corporation Usa
Mortgage Due May 01, 2036
Local assessors in Hamburg, NY have categorized 4881 Springway Lane as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 8,040 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 667 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4881 Springway Lane has a total of 1,512 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 375 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. The home's electric heaters is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4881 Springway Lane was last sold in Sep 18, 2017 for $170,000. According to our calculations, that's $112.43 per sqft. Prior to that sales transaction, the property was sold for $118,450 in Apr 21, 2006. Current property owners are expected to pay $0 in taxes per year. The property on 4881 Springway Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $80,000. To break that down further, the land itself was valued at $6,900. While improvements to the property were assessed at a total of $73,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 375
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,040
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 667
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,512
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOUR SEASONS SUBDIVISION PHASE II
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2381 97

Ownership

  • Current Owner : MEYER JAMES W
  • Previous Owner : LORDEN BERNARD N
  • Previous Owner 2: LORDEN MARIA
  • Owner Before Previous Owner: MACRAE ROBERT J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frontier Central School District
  • School Tax School District: FRONTIER
  • Census Tract: 012902

Geography

  • Account Number: 14075
  • District: 144889
  • Section: 170.160
  • Parcel: 144889 170.16-3-4
  • Block: 3
  • Lot: 4.000
  • Municipality: HAMBURG (TOV)
  • Latitude: 42.7539
  • Longitude: -78.836

    Address

  • Full Address: 4881 Springway Ln
  • Address - House Number: 4881
  • Address - Street Name: Springway
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Hamburg
  • Carrier Code: C027
  • 4-Digit Zip Code: 2313
  • Zip Code: 14075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 144804

    Appraisal Valuation

  • Standard Deviation: 0.2339
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 284,778
  • High Value: 351,403
  • Low Value: 218,152

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $78,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Sep 18, 2017
  • First Open Lien Mortgage Loan Amount: $8,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 04, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 11, 2047

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $21,562
  • Market Improvement Value: $228,438

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $6,900
  • Assessed Improvements Value: $73,100

    Sales

  • Current Sale Contract Date: Sep 18, 2017
  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Transaction ID: 11332163298
  • Current Sale Price: $170,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017189123
  • Previous Sale Recording Date: Apr 24, 2006
  • Previous Sale Contract Date: Apr 21, 2006
  • Previous Sale Amount: $118,450
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Sep 18, 2017
  • First Mortgage Loan Amount: $8,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Apr 24, 2006
  • Previous Mortgage Loan Amount: $112,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2036

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Frequently Asked Questions

What neighborhood is 4881 Springway Lane located in?
The 4881 Springway Lane is a located in the neighborhood of Hamburg in Erie, Hamburg.
What is the average sales price for listings in 4881 Springway Lane?
The average sales price for units in 4881 Springway Lane is $0 currently.

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