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5498 Pine Loch Lane

5498 Pine Loch Lane, Buffalo, NY 14221
Property in Clarence
Sold Dec 18, 2017
$469,900
$422,910 by Hunt Mortgage
Mortgage Due Jan 01, 2048
Sold Jun 27, 2003
$65,000
$305,000 by First Priority Mortgage Inc
Mortgage Due Jul 01, 2033
5498 Pine Loch Lane in Buffalo, NY was first built in 2002 and is 22 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5498 Pine Loch Lane has 3,325 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,270 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 18,731 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 788 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5498 Pine Loch Lane sold most recently in Dec 4, 2017 for a total of $469,900. If you work out the math, that's approximately a cost of $141.32 per sqft. Before that, the property was also sold for $65,000 in Jun 27, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 5498 Pine Loch Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $560,000. If we break it down further, the land itself was valued at $120,000. Improvements to the property, however, were assessed at a total of $440,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 788
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 3,325
  • Building Area: 3,325
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,325
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MC #3065 SL #354 FL 8 & 10 TP 12

Ownership

  • Current Owner : LOFASO JOHN R
  • Current Owner 2: LOFASO MARY E
  • Previous Owner : HALL JAMES
  • Previous Owner 2: HALL GRETCHEN A
  • Owner Before Previous Owner: KNF VENTURES/CIMATO BROS JOINT VENTURE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Williamsville Central School District
  • School Tax School District: WILLIAMSVILLE
  • Census Tract: 014603

Geography

  • Account Number: 018 0009000
  • District: 143200
  • Section: 57.140
  • Parcel: 143200 57.14-8-32
  • Block: 8
  • Lot: 32.000
  • Municipality: CLARENCE
  • Latitude: 42.994
  • Longitude: -78.6846

    Address

  • Full Address: 5498 Pine Loch Ln
  • Address - House Number: 5498
  • Address - Street Name: Pine Loch
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Buffalo
  • Carrier Code: C031
  • 4-Digit Zip Code: 8537
  • Zip Code: 14221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 142203

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 706,181
  • High Value: 858,837
  • Low Value: 553,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $422,910
  • First Open Lien Mortgage Lender: HUNT MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 18, 2017
  • First Open Lien Mortgage Loan Amount: $422,910
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $700,000
  • Market Land Value: $150,000
  • Market Improvement Value: $550,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,000
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $440,000

    Sales

  • Current Sale Contract Date: Dec 04, 2017
  • Current Sale Recording Date: Dec 18, 2017
  • Current Sale Transaction ID: 11357450481
  • Current Sale Price: $469,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017254647
  • Previous Sale Recording Date: Jun 27, 2003
  • Previous Sale Contract Date: Jun 27, 2003
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: HUNT MORTGAGE
  • First Mortgage Transaction Date: Dec 18, 2017
  • First Mortgage Loan Amount: $422,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST PRIORITY MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 27, 2003
  • Previous Mortgage Loan Amount: $305,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2033

About Erie



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Frequently Asked Questions

What neighborhood is 5498 Pine Loch Lane located in?
The 5498 Pine Loch Lane is a located in the neighborhood of Clarence in Erie, Buffalo.
What is the average sales price for listings in 5498 Pine Loch Lane?
The average sales price for units in 5498 Pine Loch Lane is $0 currently.

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